GameStop stock drops 20% after a big Q1 sales miss, share sale

Fortune
Departing Nvidia VP salutes Jensen Huang’s leadership, and pinpoints the 3 key principles he taught her
After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.
Simply Wall St.
Three SGX Stocks Estimated To Trade At Discounts Between 42.5% And 45.3%
As the global financial landscape evolves, Singapore's market is uniquely positioned to capitalize on emerging trends such as the tokenisation of trade finance assets. This shift towards digital assets highlights a broader transformation in investment opportunities and market dynamics. In this context, identifying stocks that are potentially undervalued becomes crucial, as they may offer significant growth potential amidst these transformative economic conditions.
The Smart Investor
3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention?
We profile three Singapore REITs that sold properties recently and assess how such moves will impact the REIT’s asset base and distribution per unit. The post 3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention? appeared first on The Smart Investor.
The Telegraph
Investors have no idea how exposed they are to the next market crash
Before we read too much into Nvidia’s £400bn share price slide, let’s put it in context.
The Smart Investor
iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10?
With iFAST’s share price shooting up by 64%, does the fintech have what it takes to reclaim its all-time high of S$10? The post iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10? appeared first on The Smart Investor.
Barrons.com
Alibaba Stock Looks Poised for a Rally. Why China Trade Tensions Could Be a Catalyst.
Technical market indicators show Alibaba stock is primed for a rally that could shake shares in the Chinese tech giant out of their funk—if only there were a catalyst. Geopolitical tensions or trade talks could be the ticket, or a risk. Alibaba stock continues to languish, down more than 1% so far this year—badly lagging behind the index as well as Hong Kong’s benchmark—and sliding more than 8% in the past month.
Simply Wall St.
Unveiling 3 SGX Dividend Stocks With Yields Ranging From 6% To 9%
As the Singapore market navigates the burgeoning field of tokenised real-world assets, with projections pointing to significant growth in trade finance assets, investors are keenly observing opportunities that align with these evolving trends. In this dynamic environment, dividend stocks that offer stability and consistent returns are particularly appealing, providing a contrast to the nascent and rapidly evolving sector of tokenised assets.
Simply Wall St.
Multi-Chem And Two Other Leading Dividend Stocks On SGX
As digital solutions like Visa's new emergency card service reshape financial interactions globally, the Singapore market is also experiencing shifts that reflect broader technological advancements and consumer behavior changes. In this dynamic environment, dividend stocks such as Multi-Chem offer investors potential stability and regular income, qualities that are increasingly valuable in rapidly evolving markets.
Barrons.com
Fed Officials See 3 Possible Paths for Rates
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
Reuters
Who owns France's debt and why it matters
President Emmanuel Macron's shock snap election has rocked France's bond market, the largest in the euro zone, as a strong showing for the far right and left wing parties in opinion polls exacerbates concerns about fiscal sustainability. Earlier in June, the risk premium France pays for its debt on top of Germany's neared levels last seen in 2012, during the euro zone debt crisis. The question is how much more turmoil the two-round elections on June 30 and July 7 could sow in bond markets.
Reuters
Micron Tech beats revenue estimates on AI chip demand; shares fall after run-up
(Reuters) -Micron Technology beat estimates for third-quarter revenue on Wednesday driven by strong demand for its memory chips, but its current-quarter forecast disappointed investors who were upbeat about the chipmaker's performance in the AI boom. The stock had risen 13% this month, ahead of earnings, on investor optimism that Micron would benefit from AI-driven demand. "Micron's largely inline forecast may have been good enough two or three months ago, but is not enough to meet current lofty hopes, especially after a 67% year-to-date rally in its share price," said Michael Schulman, chief investment officer at Running Point Capital.
Reuters
UBS shakes up flagship wealth business with new unit, memo says
ZURICH (Reuters) -UBS is shaking up its wealth-management arm, the bank's flagship business, to boost its offerings to ultra-rich clients, the division's new co-leaders said in their first internal memo sent on Thursday and seen by Reuters. UBS will create a new unit from July 1, named GWM Solutions, to integrate various client offerings, such as investment management, lending, family and institutional wealth management and alternative investments, the memo from Rob Karofsky and Iqbal Khan said. The unit will be led by former Credit Suisse banker Yves-Alain Sommerhalder who will be based in Zurich and New York and report to Karofsky and Khan.
Deadline
Michael Jackson Was More Than $500M In Debt When He Died
When Michael Jackson died on June 25, 2009, he was more than $500 million in debt, according to court documents filed last week in Los Angeles. Jackson died at 50 while preparing for his extended “This Is It” residency at the 02 Arena in London, which was scheduled to run from July 2009 to March …
Yahoo Finance
Stock market today: Stocks inch higher with key inflation print looming
A sell-off in Micron put a dent in the AI bullishness that has fueled the tech-driven rally, as investors eye fresh economic data.
Simply Wall St.
One Citigroup Insider Has Reduced Their Stake
From what we can see, insiders were net sellers in Citigroup Inc.'s ( NYSE:C ) during the past 12 months. That is...
Reuters
Analysis-A mountain of asset sales loom after oil megamerger era
U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews. Energy stocks represent just 4.1% by weight of the S&P 500, a third of their 2011 share as tech and health care investments took off. There are fewer institutional and European oil buyers interested, and a lack of ready cash to finance these deals.
Investing.com
Asian stocks fall as Micron sparks tech losses, China data weighs
Investing.com-- Most Asian stocks fell on Thursday as technology shares tracked weakness in their U.S. peers following underwhelming guidance from chipmaking major Micron.
Yahoo Finance
Stock market today: Nasdaq leads gains as Amazon crosses $2 trillion market cap
A rally in Amazon helped push tech higher on Wednesday, extending a bounce back for the Nasdaq.
Reuters
Five things to know as India enters JPMorgan EM debt index
India's government bonds will gradually become a part of JPMorgan's widely tracked emerging market debt index, beginning on Friday. Here are five things to know as the South Asian nation draws more investment from global bond investors and its stock markets attract increased portfolio inflows. Indian bonds should receive $2 billion inflows from index-tracking funds around the June 28 inclusion date, followed by a similar quantum each month and total inflows of at least $20 billion over the next 10 months as the country slowly reaches maximum weight in the index.
Simply Wall St.
June 2024 Insight Into Three SGX Stocks Estimated Below Value
As Singapore's market continues to adapt to global digital trends, the introduction of innovative services like Visa's digital emergency card highlights the increasing reliance on technology in financial transactions. In this environment, identifying stocks that are potentially undervalued becomes particularly pertinent, as companies that leverage such technological advancements may present compelling opportunities for informed investors.

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GameStop stock drops 20% after a big Q1 sales miss, share sale

Latest stories

Departing Nvidia VP salutes Jensen Huang’s leadership, and pinpoints the 3 key principles he taught her

Three SGX Stocks Estimated To Trade At Discounts Between 42.5% And 45.3%

3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention?

Investors have no idea how exposed they are to the next market crash

iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10?

Alibaba Stock Looks Poised for a Rally. Why China Trade Tensions Could Be a Catalyst.

Unveiling 3 SGX Dividend Stocks With Yields Ranging From 6% To 9%

Multi-Chem And Two Other Leading Dividend Stocks On SGX

Fed Officials See 3 Possible Paths for Rates

Who owns France's debt and why it matters

Micron Tech beats revenue estimates on AI chip demand; shares fall after run-up

UBS shakes up flagship wealth business with new unit, memo says

Michael Jackson Was More Than $500M In Debt When He Died

Stock market today: Stocks inch higher with key inflation print looming

One Citigroup Insider Has Reduced Their Stake

Analysis-A mountain of asset sales loom after oil megamerger era

Asian stocks fall as Micron sparks tech losses, China data weighs

Stock market today: Nasdaq leads gains as Amazon crosses $2 trillion market cap

Five things to know as India enters JPMorgan EM debt index

June 2024 Insight Into Three SGX Stocks Estimated Below Value