Company News for June 5, 2024

The Smart Investor
Got S$10,000 to Spare? These 4 Singapore Stocks Could Be Ripe for the Picking
If you have some money to spare, you can turn your attention to these four interesting Singapore stocks. The post Got S$10,000 to Spare? These 4 Singapore Stocks Could Be Ripe for the Picking appeared first on The Smart Investor.
Bloomberg
Singapore housing site gets no bids for first time in 20 years
Singapore’s cooling property market suffered a blow after a housing site put up for sale by the government failed to attract any interest from developers for the first time in more than two decades.
Simply Wall St.
Singapore Telecommunications (SGX:Z74) Is Paying Out A Larger Dividend Than Last Year
Singapore Telecommunications Limited ( SGX:Z74 ) will increase its dividend from last year's comparable payment on the...
Benzinga
Employees Who Joined Nvidia 5 Years Ago Now Millionaires And Coasting In 'Semi-Retirement'
Nvidia (NASDAQ:NVDA) has seen incredible growth in recent years. Since the beginning of 2024, the company’s stock has jumped 167%. Over the past five years, it has surged by an impressive 3,450%. Given these figures, it’s easy to see why many NVIDIA employees who joined the company five or more years ago are likely millionaires today. Additionally, many midlevel managers at NVIDIA reportedly make over $1 million a year, thanks to stock options and the overall appreciation of the company's stock.
The Telegraph
Nvidia becomes world’s most valuable company after overtaking Microsoft and Apple
Nvidia has overtaken Microsoft and Apple to become the world’s most valuable company for the first time.
Barrons.com
Bitcoin Price Slips as ETF Outflows Continue. Why the Bears ‘Are in Control.’
Close to $300 million has left exchange-traded funds so far this week, according to crypto data firm Coinglass.
Simply Wall St.
Soilbuild Construction Group (SGX:S7P) delivers shareholders stellar 218% return over 1 year, surging 227% in the last week alone
Unless you borrow money to invest, the potential losses are limited. On the other hand, if you find a high quality...
Barrons.com
Tech Stocks Have Been Hot in June. AMD and These Other 4 Are What’s Not.
AMD competes with Nvidia, the AI darling. Commentary about the outlook for its AI chip business has put pressure on the shares.
Simply Wall St.
SGX Dividend Stocks Spotlight Featuring Aztech Global And Two Others
Amidst the evolving landscape of digital currencies and the heightened focus on wholesale central bank digital currencies (CBDCs), Singapore's market is poised to reflect these global financial shifts. As investors navigate this changing terrain, dividend stocks like Aztech Global continue to draw attention for their potential stability and yield in a dynamic economic environment.
Zacks
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Simply Wall St.
Exploring Undervalued Gems On SGX Frasers Logistics & Commercial Trust And Two Other Stocks
As global financial systems experiment with the potential integration of digital currencies, the Singapore market remains a focal point for investors looking to capitalize on emerging trends and technological advancements. In this context, identifying undervalued stocks becomes crucial as it offers an opportunity to invest in assets that may benefit from evolving economic conditions and regulatory frameworks.
Insider Monkey
Analyst Thinks Broadcom Inc (NASDAQ:AVGO) Can ‘Dominate’ $30 Billion Custom Chip Market
We recently published a list titled Forget Magnificent 7: Analysts are Talking About ‘Big 10’ AI Stocks in 2024. Since Broadcom Inc (NASDAQ:AVGO) ranks 7th on the list, it deserves a deeper look. When the AI revolution started with the launch of ChatGPT, investors started pouring money into a handful of companies that are leading AI […]
GOBankingRates
Meta vs. Alphabet Stock: Which Is a Better Investment?
For much of 2023, you couldn't even glace sideways at a media source without mention of the so-called "Magnificent Seven" stocks. While some of the shine has come off the group as a whole during the...
Yahoo Finance
Stock market today: S&P 500, Nasdaq notch records as Nvidia takes crown from Microsoft as most valuable stock
Techs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
MoneySmart
3 Best Credit Card Pairings for Maximising Cashback, Miles, and Rewards
We’ve all heard the clichés—you’re the cheese to my macaroni, the flip to my flop, the stars to my night. Well today, I’ve got a new one for you: you’re... The post 3 Best Credit Card Pairings for Maximising Cashback, Miles, and Rewards appeared first on MoneySmart Blog.
Insider Monkey
What Makes Dell Technologies (DELL) a Good Long-Term Bet?
Scout Investments, Inc, an affiliate of Carillon Tower Advisers, released the “Carillon Scout Mid Cap Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, most indices generated significant gains driven by more cyclical industries including energy, financials, and industrials. The combination of a positive outlook for […]
Reuters
Nvidia solidifies position as world's most valuable company
Nvidia, whose market capitalization surpassed that of Microsoft on Tuesday, was set to add nearly $84 billion to its last close market value of $3.34 trillion at the current level of $138.99. Microsoft had a market value of $3.32 trillion, as of last close. Dell Technologies and Super Micro Computer gained 4% and 4.5%, respectively.
FX Empire
USD/JPY Forecast – US Dollar Continues to Look Strong Against Japanese Currency
The US dollar continues to see a lot of bullish pressure against the yen, but at this point it is worth noting that that Wednesday session was the Juneteenth holiday in the USA.
Reuters
UK probes Hewlett Packard Enterprise's $14 billion deal for Juniper Networks
The Competition and Markets Authority has until Aug. 14 to decide whether it would refer the deal for a deeper probe. Hewlett Packard Enterprise, or HPE, said in January it would buy networking gear maker Juniper to enhance its artificial intelligence (AI) offerings. HPE expects to double its networking business through the deal, which came as the AI gold rush has led companies to pour billions of dollars into upgrading and developing their technology.
Investing.com
Crude settle higher ahead of fresh inventory data eyed
Oil prices settled higher Tuesday, as traders awaited fresh inventory to weigh up expectations for a pick up in demand as the summer season is underway. At 14:30 ET (18:30 GMT), the U.S. crude futures 1.5% to settle at $81.57 a barrel and the Brent contract climbed 1.3% to $85.33 a barrel. The latest forecast of U.S. crude stockpiles are due later in the session, with the American Petroleum Institute due to reveal its estimate, ahead of the official numbers on Thursday.

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Company News for June 5, 2024

Latest stories

Got S$10,000 to Spare? These 4 Singapore Stocks Could Be Ripe for the Picking

Singapore housing site gets no bids for first time in 20 years

Singapore Telecommunications (SGX:Z74) Is Paying Out A Larger Dividend Than Last Year

Employees Who Joined Nvidia 5 Years Ago Now Millionaires And Coasting In 'Semi-Retirement'

Nvidia becomes world’s most valuable company after overtaking Microsoft and Apple

Bitcoin Price Slips as ETF Outflows Continue. Why the Bears ‘Are in Control.’

Soilbuild Construction Group (SGX:S7P) delivers shareholders stellar 218% return over 1 year, surging 227% in the last week alone

Tech Stocks Have Been Hot in June. AMD and These Other 4 Are What’s Not.

SGX Dividend Stocks Spotlight Featuring Aztech Global And Two Others

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Exploring Undervalued Gems On SGX Frasers Logistics & Commercial Trust And Two Other Stocks

Analyst Thinks Broadcom Inc (NASDAQ:AVGO) Can ‘Dominate’ $30 Billion Custom Chip Market

Meta vs. Alphabet Stock: Which Is a Better Investment?

Stock market today: S&P 500, Nasdaq notch records as Nvidia takes crown from Microsoft as most valuable stock

3 Best Credit Card Pairings for Maximising Cashback, Miles, and Rewards

What Makes Dell Technologies (DELL) a Good Long-Term Bet?

Nvidia solidifies position as world's most valuable company

USD/JPY Forecast – US Dollar Continues to Look Strong Against Japanese Currency

UK probes Hewlett Packard Enterprise's $14 billion deal for Juniper Networks

Crude settle higher ahead of fresh inventory data eyed