Henry Birch among contenders to become CEO of Entain, Sky News reports

The Smart Investor
3 Singapore Aviation Stocks That Could Be Perfect for Your Portfolio
If you are looking for exposure to the booming aviation sector, these three stocks could be the ones for your portfolio. The post 3 Singapore Aviation Stocks That Could Be Perfect for Your Portfolio appeared first on The Smart Investor.
Simply Wall St.
3 SGX Dividend Stocks Offering Yields From 5.4% To 6.9%
The Singapore market continues to adapt and innovate, as evidenced by major financial players like ABN Amro integrating advanced technologies such as AI to streamline operations and enhance efficiency. In this dynamic environment, dividend stocks remain a focal point for investors seeking stable returns, particularly those offering attractive yields in a landscape shaped by technological advancements and economic shifts.
Bloomberg
Tencent moves into Singapore tower to consolidate office space
Chinese tech giant Tencent Holdings has moved into a new space at a prime office tower in Singapore to bring together more employees in the city-state.
CNN Business
Nvidia surpasses Apple to become the second-largest public company in the US
Nvidia, Wall Street’s favorite artificial intelligence darling, is continuing to swell to staggering heights.
Fortune
Elon Musk can’t just ask ‘his brother and his besties’ at Tesla to pay him $46 billion, NYC comptroller says
Comptroller Brad Lander said the Tesla CEO’s pay package is “outrageously large and insufficiently governed” at a meeting of investors on Tuesday.
The Telegraph
The great American boom is finally running out of steam, leaving mountains of debt
The American economy is not as strong as we all thought. Growth has slowed to stall speed over the last four months. It looks like a hardish landing after all.
Benzinga
What's Going On With AMD Stock On Wednesday?
Advanced Micro Devices, Inc (NASDAQ:AMD) stock saw some redemption Wednesday after Tuesday’s broader sector selloff amid reports of Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) planning to boost the prices of its chip production services. Recent reports indicated AMD, which bagged a 33% market share in the server CPU market, is looking to expand its partnership with Samsung Electronics Co to develop 3-nanometer chip processing technology. AMD’s collaboration with Samsung has the potential
Simply Wall St.
Exploring Three SGX Dividend Stocks For Your Portfolio
In recent developments within the Singapore market, innovative financial services like Banking-as-a-Service (BaaS) are gaining traction, reflecting a broader trend towards digitalization and enhanced financial offerings. This evolving landscape underscores the importance of stability and consistent returns, qualities that make dividend stocks particularly appealing for investors looking to balance growth with income in their portfolios.
Bloomberg
Singapore builder Oxley seeks up to US$120 million private loan
Oxley Holdings, a cash-strapped property developer in Singapore, is seeking a private credit loan of up to US$120 million partly to help repay a Singapore dollar bond due next month.
Yahoo Finance
Stock market today: Stocks eke out gains as labor market cools, rate-cut bets rise
Investors are weighing signs the surprising resilience in the US economy might be starting to show cracks.
GOBankingRates
What Happens to Your Shares When a Stock Is Delisted From an Exchange?
If you just found out that a stock you've invested in has been delisted, you're probably worried. Delisting is generally seen as a bad sign by investors, indicating that the company could be near...
Benzinga
Warren Buffett Was Asked If He Had To Start Over In His 30s, How Would He Make $30 Billion Today — Here's How He Would Do It With $10,000
During the 1999 Berkshire Hathaway annual shareholders meeting, an ambitious attendee named Grant Morgan posed a compelling question: "If you were starting out again today in your early 30s, what would you do differently or the same in today's environment to replicate your success? In short, Mr. Buffett, how can I make $30 billion?" Buffett’s response didn't focus on get-rich-quick schemes or risky ventures. Instead, he unveiled a timeless blueprint for building wealth, emphasizing the importanc
Yahoo Finance
Investors don't want a stronger economy — they want rate cuts: Morning Brief
Stock market bulls don't see the portfolio party ending under a new interest rate regime.
Reuters
Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll
The U.S. Federal Reserve will cut its key interest rate in September and once more this year, according to a majority of forecasters in a Reuters poll that also showed a significant risk they opt for only one or none at all. But over the past few months, Fed officials have made clear they are in no hurry to cut the policy rate. Still, nearly two-thirds of economists, 74 of 116, in the May 31-June 5 Reuters poll predicted the first cut in the fed funds rate to a 5.00%-5.25% range would come in September.
Zacks
Time to Buy the Surge in CrowdStrike's (CRWD) Stock After Earnings?
Cyber security provider CrowdStrike (CRWD) saw its stock spike +12% today after beating its first quarter top and bottom-line expectations Tuesday evening.
Reuters
World stocks at record high after cautious ECB rate cut
NEW YORK/LONDON (Reuters) -World stocks hit an all-time high and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, but also signalled that further moves could take a while. ECB policymakers duly delivered their widely-flagged quarter-point cut to 3.75%, but markets were left feeling a little deflated after the bank also said it now did not expect inflation to fall back to target until 2026. It was enough to snip the pan-European STOXX 600's gains back to 0.6%, while the euro inched up to almost $1.0890 against the dollar and government bond yields - which reflect borrowing costs and move inversely to price - ticked up too.
Yahoo Finance Video
Bitcoin mining sector is 'sort of a scam': Kerrisdale Capital
Shares of Riot Platforms (RIOT) are moving lower after Kerrisdale Capital came out with a call to short the company's stock. Kerrisdale Capital CIO Sahm Adrangi joins Market Domination to explain the call.  "I think our investment thesis is that this sector is just not going to be around in five years. Bitcoin mining is one of the stupidest business models we've come across in our time short-selling," Adrangi tells Yahoo Finance. He adds that looking behind the economics of all US bitcoin miners reveals they 'don't make money," but instead issue shares to pay themselves healthy stock compensation and buy more mining hardware.  "We disagree with the characterization of the Bitcoin mining industry and of Riot, and the equally unsound conclusions reached in the Kerrisdale Capital report. We believe these errors will be demonstrated through the execution of our ambitious 2024 growth plans and resulting financial performance," a Riot spokesperson said in response to Kerrisdale's call. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
AFP News
European stocks up as ECB cuts rate
European stock markets rose Thursday as the European Central Bank cut interest rates for the first time since 2019 but gains were muted as sticky inflation blurs the outlook for more reductions.Paris, Frankfurt and London all closed in the green after the ECB lowered its key deposit rate by a quarter point to 3.75 percent, though eurozone markets dialled back earlier gains as the bank warned the outlook for rate cuts was uncertain.
Barrons.com
GameStop, AMC Stock Are Up 50% Since the Meme Rally Reignited—and Keep on Rolling
It remains to be seen if prices settle around current levels, which are about 50% higher than before the latest frenzy started. GameStop jumped more than 100% at times earlier this week.
Reuters
Unwinding of hugely popular currency trade rocks markets
LONDON (Reuters) -A sharp drop in Mexico's currency after a landslide election result has shaken foreign exchange markets as far as Hungary and Turkey this week, leaving investors asking whether the unwinding of hugely popular "carry trades" will continue. A carry trade involves investors borrowing in currencies that have low interest rates, such as the Japanese yen or Swiss franc, and buying higher yielding ones such as the Mexican peso or, recently, the U.S. dollar. It has boomed in popularity as interest rates have diverged around the world and market volatility has stayed low.

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Henry Birch among contenders to become CEO of Entain, Sky News reports

Latest stories

3 Singapore Aviation Stocks That Could Be Perfect for Your Portfolio

3 SGX Dividend Stocks Offering Yields From 5.4% To 6.9%

Tencent moves into Singapore tower to consolidate office space

Nvidia surpasses Apple to become the second-largest public company in the US

Elon Musk can’t just ask ‘his brother and his besties’ at Tesla to pay him $46 billion, NYC comptroller says

The great American boom is finally running out of steam, leaving mountains of debt

What's Going On With AMD Stock On Wednesday?

Exploring Three SGX Dividend Stocks For Your Portfolio

Singapore builder Oxley seeks up to US$120 million private loan

Stock market today: Stocks eke out gains as labor market cools, rate-cut bets rise

What Happens to Your Shares When a Stock Is Delisted From an Exchange?

Warren Buffett Was Asked If He Had To Start Over In His 30s, How Would He Make $30 Billion Today — Here's How He Would Do It With $10,000

Investors don't want a stronger economy — they want rate cuts: Morning Brief

Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll

Time to Buy the Surge in CrowdStrike's (CRWD) Stock After Earnings?

World stocks at record high after cautious ECB rate cut

Bitcoin mining sector is 'sort of a scam': Kerrisdale Capital

European stocks up as ECB cuts rate

GameStop, AMC Stock Are Up 50% Since the Meme Rally Reignited—and Keep on Rolling

Unwinding of hugely popular currency trade rocks markets