May 1 (Reuters) - U.S. shale producer Devon Energy beat first-quarter profit estimates on Wednesday as higher production helped it offset a decline in natural gas prices.
Oklahoma City-based oil and gas producer reported adjusted income of $1.16 per share for the three months ended March 31, topping average analysts' estimate of $1.11 per share, according to LSEG data. (Reporting by Arunima Kumar in Bengaluru; Editing by Alan Barona)
The share prices of these five blue-chip stocks are touching a year-low. Could they be worth your attention? The post Share Prices of These 5 Singapore Blue-Chip Stocks Are Hitting Their 52-Week Lows: Are They a Bargain? appeared first on The Smart Investor.
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.
Ballmer was employee No. 30 at Microsoft but got most of his wealth from a sweetheart deal.
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.
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.
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
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.
Due to unfavourable foreign exchange conversions, economic slowdowns, and home bias, investors prefer to invest in Singapore REITs that generate most or all of their income locally. Here are five to consider for your portfolio. The post Homegrown Wealth: 5 Singapore REITs to Consider for Your Watchlist appeared first on The Smart Investor.
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.
Political turmoil in France gripped investors weighing whether stocks can build on their stellar first-half performance.
STORY: Japan is getting its first new banknotes in 20 years. The fresh designs entered circulation on Wednesday, featuring technology meant to beat counterfeiters. Some 7.5 billion of the bills will be printed this fiscal year. But they won’t be a welcome sight for many small businesses. Because Japan is a country that still loves cash, and payment by machine. It’s the usual way at places like this Tokyo noodle joint. Boss Shintaro Sekiguchi has had to upgrade the payment machines at his three branches, and he says that’s a big cost for a small business: "The unit price of a bowl of ramen is not that high, so running the shop for a day or two would hardly pay for the replacement. It’s a huge burden for me to have to upgrade the ticket machines like this.”In all, he says it’s cost him about 600,000 yen, or around $3,700, while doing nothing to boost sales. Sekiguchi says upgrading to machines that also allow card payments was even more costly, and beyond his budget. Such factors mean only around half of restaurant ticket systems are ready for the change. Japan is a land of vending machines too. It’s thought around 80% of the country’s 2.2 million drink dispensers will need an upgrade. However, most ATMs, train ticket machines and retail cash registers are ready. And some companies definitely aren’t complaining. Takemori Kawanami is an executive at Elcom, which makes ticket machines. He says it could take until the end of the year to meet all the demand.
We recently compiled a list of the 10 Best Undervalued Stocks To Buy Now. In this article, we are going to take a look at where PayPal Holdings, Inc. (NASDAQ:PYPL) stands against the other undervalued stocks. Demographic Shifts and AI Innovation: A Bullish Case For the US Market In the prior couple of years, experts […]
As global markets navigate through varying economic climates, the Singapore Exchange (SGX) remains a focal point for investors seeking stability and consistent returns. In this context, dividend stocks often emerge as attractive options due to their potential to provide steady income streams. In light of current market conditions, a good dividend stock typically features robust fundamentals and a history of resilient performance across economic cycles, aligning well with the needs of...
We recently published a list of the 10 Best Stock Picks of Billionaire Leon Cooperman in 2024. Since Sea Limited (NYSE:SE) ranks 10th on the list, it deserves a deeper look. Billionaire Leon Cooperman predicted in April that the US is headed for a financial crisis. Cooperman said that the Federal Reserve kept interest rates near zero, but […]
Supporters are calling on the vice president to step up following boss Biden's doddering debate debacle.
Cheap Chinese goods helped keep inflation low in the early 2000s, but at the cost of U.S. manufacturing. As those imports surge again, here’s what’s changed and what it means for American jobs.
Q1 2024 Polestar Automotive Holding Uk Plc Earnings Call
Last week, while appearing at the Aspen Ideas Festival, Palantir Technologies (NYSE:PLTR) co-founder Peter Thiel shared his insights on artificial intelligence, Nvidia Corp. (NASDAQ:NVDA), and ChatGPT-parent OpenAI. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. What Happened: During the fes
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.”
The largest cryptocurrency fell back below $61,000 early Wednesday. It hit a record high near $74,000 in mid-March amid a surge of interest from new spot exchange-traded funds.
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