Company News for May 22, 2024

Fortune
Nvidia stock surge: How much a $1,000 investment 10 years ago would be worth today
Nvidia recently surpassed Microsoft and Apple to become the world's most valuable public company.
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.
The Smart Investor
Here’s How a Dividend Investment Strategy Can Help You Retire Comfortably
Dividend investing may not sound attractive, but it is effective enough to help you achieve a happy retirement. The post Here’s How a Dividend Investment Strategy Can Help You Retire Comfortably appeared first on The Smart Investor.
Simply Wall St.
Examining 3 SGX Dividend Stocks With Yields Up To 9.6%
As the global finance industry stands on the brink of transformation with AI technologies poised to redefine operational landscapes and profitability, the Singapore market continues its steady performance amidst these technological shifts. In this environment, understanding which stocks consistently offer dividends becomes crucial for investors looking to maintain stable returns in a rapidly evolving sector.
Reuters
China asks Visa, Mastercard to cut card fees, Bloomberg News reports
The Payment & Clearing Association of China is proposing lowering the fees charged on foreign card transactions to 1.5% from between 2% and 3%, the report said. If implemented, the proposal could cut costs for foreign nationals visiting China. While merchants bear the fees charged by Visa and Mastercard, they often pass these on to their customers through price hikes.
The Smart Investor
If You Had Invested S$1,000 in These 4 US Growth Stocks 10 Years Ago, Here’s What You’d Have Now
These four examples of solid US growth stocks demonstrate the power of long-term compounding. The post If You Had Invested S$1,000 in These 4 US Growth Stocks 10 Years Ago, Here’s What You’d Have Now appeared first on The Smart Investor.
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...
The Edge Singapore
Singtel among key telco players in SEA that can expand revenue streams through data centres: Bloomberg Intelligence
Analyst Chris Muckensturm says she expects the data centre market in SEA to grow by 17% in the next five years.
Reuters
Analysis-Nvidia’s staggering gains leave investors wondering whether to cash in or buy more
The huge rally in Nvidia Corp's shares has investors weighing whether to cash in, hold on for more gains or chase a stock that has tripled during the past year. Nvidia this week briefly became the largest U.S. company by market value on the back of a more than 1,000% surge in share price since October 2022. Nvidia bulls say more gains are coming.
Yahoo Finance
Dell, Super Micro stocks rise after Musk says companies will supply hardware for xAI
The companies are helping to build a supercomputer project at Musk's AI startup, riding the momentum of the Nvidia and AI rally.
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
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 […]
Simply Wall St.
Top Dividend Stocks To Watch In June 2024
As global markets exhibit a mix of narrow advances and geopolitical tensions, investors are keenly observing the performance indices and economic indicators that shape market dynamics. In this climate, dividend stocks remain a cornerstone for those seeking potential stability and steady income streams amidst fluctuating conditions.
Benzinga
Coinbase Lists Pre-Launch Ethereum Restaking Protocol at $12.2 Billion Valuation
In a recent development, Coinbase has listed the Ethereum (ETH) restaking protocol project, EigenLayer (EIGEN), for pre-launch trading. Coinbase’s announcement on X confirmed that EIGEN is now open for trading ahead of its official launch on Coinbase’s International Exchange and Coinbase Advanced. This is specifically for users in eligible jurisdictions outside of the US, UK, and Canada. Don’t Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through
Reuters
Nvidia loses top spot to Microsoft after 3% drop
Nvidia, whose market capitalization surpassed that of Microsoft on Tuesday, was set to lose around $91 billion to its last closing market value of $3.34 trillion, at the current level of $131.88. Microsoft's market value also slipped, to $3.30 trillion, as its shares were down 0.4% at $444.8 in afternoon trading. Nvidia, Microsoft and Apple are in a three-horse race to become the world's most valuable company.
Yahoo Finance
Stock market today: S&P 500, Nasdaq slip from records as Nvidia dips
Nvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Insider Monkey
Here is What Jim Cramer Said About Nvidia Corp (NASDAQ:NVDA)
We recently published a list of Jim Cramer Latest Portfolio: 10 Best Stocks to Buy. Since Nvidia Corp (NASDAQ:NVDA) ranks 1st on the list, it deserves a deeper look. Jim Cramer in his latest program talked about discipline during short-term market rallies and emphasized the importance of knowing when to take some profits off the table […]
Benzinga
5 Charts Expose Troubling Weaknesses In Record-High Stock Market: 'This Is Not Normal'
As the S&P 500 and Nasdaq 100 indices continue to notch new all-time highs, it’s clear that the rising tide has not lifted all boats. Sharp-eyed analysts and investors have noted some discordant features in a stock market at its peak, raising questions about the euphoria that currently reigns supreme on Wall Street. Mega-Cap Dominance Unprecedented Since Late 2008 The dominance of mega-cap stocks hasn’t been this pronounced in nearly sixteen years. The top 100 U.S. stocks by market capitalizatio
Barrons.com
A Veteran Value Investor on 3 Things to Avoid—and Why He Likes Meta Stock
Kevin Holt, manager of Invesco’s Comstock fund, studies companies over a 20-year cycle. Energy, healthcare stocks also make his list.
Yahoo Finance Video
Nvidia: Should investors avoid the tech giant?
One of the dominant forces on the S&P 500 (^GSPC) is Nvidia (NVDA). The tech giant has seen a record-breaking rally, but should investors continue to buy at its height? Theory Ventures General Partner Tomasz Tunguz joins for the latest edition of Good Buy or Goodbye to give insight into how investors should play the tech sector. Tunguz calls Microsoft (MSFT) a "good buy," citing a multi-billion dollar run rate business in AI, its leadership in enterprise AI, and ample room for growth given AI's limited penetration in Microsoft's customer base. However, Tunguz highlights Microsoft's fraying relationship with OpenAI as a key concern. Tunguz says "goodbye" to Nvidia, citing the rise of competition in the space. He warns that the company may need to diversify into software, which will be an uphill battle for the company moving forward. This post was written by Nicholas Jacobino

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Company News for May 22, 2024

Latest stories

Nvidia stock surge: How much a $1,000 investment 10 years ago would be worth today

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

Here’s How a Dividend Investment Strategy Can Help You Retire Comfortably

Examining 3 SGX Dividend Stocks With Yields Up To 9.6%

China asks Visa, Mastercard to cut card fees, Bloomberg News reports

If You Had Invested S$1,000 in These 4 US Growth Stocks 10 Years Ago, Here’s What You’d Have Now

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

Singtel among key telco players in SEA that can expand revenue streams through data centres: Bloomberg Intelligence

Analysis-Nvidia’s staggering gains leave investors wondering whether to cash in or buy more

Dell, Super Micro stocks rise after Musk says companies will supply hardware for xAI

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

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

Top Dividend Stocks To Watch In June 2024

Coinbase Lists Pre-Launch Ethereum Restaking Protocol at $12.2 Billion Valuation

Nvidia loses top spot to Microsoft after 3% drop

Stock market today: S&P 500, Nasdaq slip from records as Nvidia dips

Here is What Jim Cramer Said About Nvidia Corp (NASDAQ:NVDA)

5 Charts Expose Troubling Weaknesses In Record-High Stock Market: 'This Is Not Normal'

A Veteran Value Investor on 3 Things to Avoid—and Why He Likes Meta Stock

Nvidia: Should investors avoid the tech giant?