Danske Bank raises 2024 profit forecast

MoneySmart
Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.7%, Minimum Deposits From $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of... The post Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.7%, Minimum Deposits From $500 appeared first on MoneySmart Blog.
Simply Wall St.
3 SGX Stocks That May Be Trading Below Their Estimated Intrinsic Value By Up To 47.2%
As the Singapore market shows signs of robust activity, with innovative companies like Currensea successfully raising significant funds through crowdfunding, it highlights a growing investor confidence and interest in diverse sectors. In this context, identifying stocks that are potentially trading below their intrinsic value could offer attractive opportunities for investors looking to capitalize on current market conditions.
The Smart Investor
4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio?
These four stocks are hitting their 52-week highs but should they be included in your investment portfolio? The post 4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio? appeared first on The Smart Investor.
Barrons.com
Nvidia Stock Breaks Losing Streak. What’s Worrying the Market.
The launch of Nvidia's Blackwell chips will test the ability of its suppliers and customers to deal with the infrastructure challenges associated with even more powerful chips.
Benzinga
Charlie Munger Said He And Warren Buffett Always Self-Insure — You Should Too If You Can Afford It: 'Don't Pay For The Other Fellow's Fraud'
Just months before his passing at the ripe old age of 99, Charlie Munger, the ever-sharp vice chairman of Berkshire Hathaway, shared some valuable insights with the public. During the 2023 Daily Journal shareholder meeting, Munger responded to a question from CNBC's Becky Quick about the trend of large companies, including Meta, opting for self-insurance against various liabilities. Quickly inquired about the potential systemic issues this trend could cause and sought Munger's thoughts. Don't Mi
Simply Wall St.
Avoid Metro Holdings On SGX And Explore This One Attractive Dividend Stock Instead
Dividend-paying stocks are often sought after for their potential to provide a steady income stream. However, it's crucial to examine the sustainability of these dividends. Companies like Metro Holdings, with high payout ratios, may indicate that their dividends could be at risk, making them less attractive for long-term investment stability.
Yahoo Finance
Stock market today: Nasdaq leads gains to kick off new quarter as Tesla pops 6%
Political turmoil in France gripped investors weighing whether stocks can build on their stellar first-half performance.
CNN Business
The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming
Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations.
Reuters
Tesla, megacaps drive S&P 500, Nasdaq to higher close
(Reuters) -Wall Street's main stock indexes closed higher on Tuesday, boosted by gains in Tesla and megacap growth stocks, but volumes were thin ahead of the July Fourth holiday and the closely watched release of June nonfarm payrolls on Friday. Tesla surged to its highest level since the start of January after the EV maker reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter. Megacap stocks such as Apple, Amazon.com and Alphabet also climbed, with U.S. Treasury yields slipping across the board.
Reuters
Analysis-Echoes of dotcom bubble haunt AI-driven US stock market
A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology. AI fever, coupled with a resilient economy and stronger earnings, has lifted the S&P 500 index to fresh records this year following a run of more than 50% from its October 2022 low. The tech-heavy Nasdaq Composite index has gained over 70% since the end of 2022.
GOBankingRates
I’m a Financial Expert: 5 Signs You’re Financially Ready for Retirement in 2024
For many people, retirement may seem like a far-off accomplishment, a glorious place that looms over a distant horizon. However, you might be in a position to close the gap and round the curve into...
Simply Wall St.
Private equity firms among Sembcorp Industries Ltd's (SGX:U96) largest stockholders and were hit after last week's 4.8% price drop
Key Insights Sembcorp Industries' significant private equity firms ownership suggests that the key decisions are...
Moneywise
Warren Buffett says the key to a long marriage is 'low expectations' — how he applies that to his portfolio
That doesn't mean you should settle for less — quite the opposite.
Barrons.com
Lennar and D.R. Horton Stocks Get Downgrades. Rate Cuts Might Not Help Home Builders.
Now isn’t the time to buy home builder stocks, says a Citi analyst who downgraded shares of Lennar and D.R. Horton on Tuesday. Anthony Pettinari moved his ratings on shares of Lennar and D.R. Horton to Neutral from Buy. The analyst wrote in a research note that these downgrades reflect a “slowing housing market.”
Simply Wall St.
Individual investors own 25% of United Overseas Insurance Limited (SGX:U13) shares but public companies control 58% of the company
Key Insights Significant control over United Overseas Insurance by public companies implies that the general public has...
Reuters
Japan's fin min affirms FX vigilance but avoids intervention warning
TOKYO (Reuters) -Japan's finance minister said on Tuesday authorities were vigilant to sharp currency market moves, as the yen continued its slump to fresh 38-year lows against the dollar, but stopped short of giving a clear intervention warning. The change in official daily commentary to reporters, in which an intervention warning has become almost customary, comes as analysts question the effectiveness of such jawboning in stopping sharp yen declines. "Foreign exchange levels are set by the market reflecting a complex mix of various factors, including inflation, current account balance, market sentiment and speculative moves," finance minister Shunichi Suzuki said in a regular post-cabinet meeting news conference.
CoinDesk
First Mover Americas: Bitcoin Relief Rally Stalls at $63K as Crypto Rebound Faces Hurdles
The latest price moves in bitcoin (BTC) and crypto markets in context for July 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Simply Wall St.
Top Three Dividend Stocks In Hong Kong For June 2024
As global markets navigate through varying economic signals, Hong Kong's stock market has shown resilience amidst a challenging environment marked by slowing growth and foreign selling pressures. In this context, dividend stocks in Hong Kong could appeal to investors looking for potential stability and income generation in their portfolios.
Simply Wall St.
The five-year decline in earnings might be taking its toll on Freeport-McMoRan (NYSE:FCX) shareholders as stock falls 3.5% over the past week
Buying shares in the best businesses can build meaningful wealth for you and your family. While the best companies are...
Reuters
Maersk pulls out of bidding for Germany's DB Schenker, shares spike
COPENHAGEN (Reuters) -Danish shipping group Maersk said on Monday it is no longer interested in buying DB Schenker as integrating the logistics firm would pose too many challenges. German state rail operator Deutsche Bahn last year launched a sale process for its logistics arm and Maersk has previously said it was considering buying it. "Our investigation confirmed DB Schenker as an interesting company ... But the in-depth review also identified areas of challenges from an integration perspective," Maersk CEO Vincent Clerc said in a statement.

Straits Times Index

S&P 500

Dow

Nasdaq

Bitcoin USD

CMC Crypto 200

FTSE 100

Gold

Crude Oil

10-Yr Bond

Nikkei

Hang Seng

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

Danske Bank raises 2024 profit forecast

Latest stories

Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.7%, Minimum Deposits From $500

3 SGX Stocks That May Be Trading Below Their Estimated Intrinsic Value By Up To 47.2%

4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio?

Nvidia Stock Breaks Losing Streak. What’s Worrying the Market.

Charlie Munger Said He And Warren Buffett Always Self-Insure — You Should Too If You Can Afford It: 'Don't Pay For The Other Fellow's Fraud'

Avoid Metro Holdings On SGX And Explore This One Attractive Dividend Stock Instead

Stock market today: Nasdaq leads gains to kick off new quarter as Tesla pops 6%

The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming

Tesla, megacaps drive S&P 500, Nasdaq to higher close

Analysis-Echoes of dotcom bubble haunt AI-driven US stock market

I’m a Financial Expert: 5 Signs You’re Financially Ready for Retirement in 2024

Private equity firms among Sembcorp Industries Ltd's (SGX:U96) largest stockholders and were hit after last week's 4.8% price drop

Warren Buffett says the key to a long marriage is 'low expectations' — how he applies that to his portfolio

Lennar and D.R. Horton Stocks Get Downgrades. Rate Cuts Might Not Help Home Builders.

Individual investors own 25% of United Overseas Insurance Limited (SGX:U13) shares but public companies control 58% of the company

Japan's fin min affirms FX vigilance but avoids intervention warning

First Mover Americas: Bitcoin Relief Rally Stalls at $63K as Crypto Rebound Faces Hurdles

Top Three Dividend Stocks In Hong Kong For June 2024

The five-year decline in earnings might be taking its toll on Freeport-McMoRan (NYSE:FCX) shareholders as stock falls 3.5% over the past week

Maersk pulls out of bidding for Germany's DB Schenker, shares spike