IPO Edge Fireside Chats at Nasdaq on June 11

Simply Wall St.
Should You Investigate Genting Singapore Limited (SGX:G13) At S$0.87?
Genting Singapore Limited ( SGX:G13 ), might not be a large cap stock, but it saw its share price hover around a small...
Reuters
China Evergrande's ex-CEO sells Hong Kong home at almost half of purchase price
China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to a property agent. Xia Haijun last month sold a 2,834 net sq ft (263 sq m) five-bedroom duplex flat in North Point Mid-Levels district on Hong Kong island for HK$82 million, said Gary Lam, a senior sales director at real estate agency Centaline. Xia, who stepped down from the embattled Chinese developer in 2022 after an internal probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services to the group, bought the flat from New World Development in 2019, according to records from the Land Registry.
The Edge Singapore
OCBC's final offer of $25.60 for GEH is 'not fair but reasonable' says EY; advises shareholders to accept
EY advises shareholders to accept the offer, or sell their shares if they can offer a higher price than the offer price.
Simply Wall St.
Here's Why Old Chang Kee (Catalist:5ML) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Barrons.com
Nvidia Is 2024’s Best-Performing Chip Stock. These 4 Are Next.
Micron Technology, Taiwan Semiconductor Manufacturing, Coherent, and Qualcomm have also done well this year.
Yahoo Finance Video
Tesla is biggest market bubble in world history: Short seller
Tesla's (TSLA) stock momentum seems to have stalled Friday morning after shareholders voted to approve CEO Elon Musk's pay packages — valued at nearly $46 billion — at the company's annual shareholder meeting on Thursday. Many analysts and Wall Street experts have shared new, incredibly bullish forecasts for the EV company, including Wedbush's Dan Ives — whose latest call sees Tesla's market cap reaching over $1 trillion in 2025 — and Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood, who believes the stock could reach $2,600 by 2029. However, not everyone shares this enthusiasm around Tesla and Elon Musk. Clean Energy Transition CEO and Portfolio Manager Per Lekander — a long-time Tesla short-seller — joins The Morning Brief to explain his $15 price target, likening Tesla to "the next Enron." "Let's not forget, that the stock is down 60% from all-time high at the same time as the market has gone up, 20, 25% in the meantime," Lekander says, citing Tesla's earnings and its year-to-date stock losses. "So the stock needs to go down. Once it goes down, it's going to go down more. And I think what drives it down is earnings. And I think we are very, very close to the turning point because so far it's been a slippery slope. They've sold cars poorly therefore they lowered the price, therefore earnings went down..." Lekander characterizes Musk as "missing... what's going on in the overall EV space" coming out of COVID-19 pandemic trends. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why. Is Elon Musk the right fit as Tesla's CEO? Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained
Washington Post
Russia financial system shaken after U.S. imposes new sanctions
A tough new raft of U.S. sanctions sent jitters rippling through the Russian financial system Thursday and forced Moscow’s main financial trading platform to halt dollar and euro transactions, further raising the cost of President Vladimir Putin’s war against Ukraine. The sharp escalation in sanctions by the Treasury Department prompted former Russian president and prime minister Dmitry Medvedev, now a senior security official, to call on the population to “inflict maximum harm” on Western socie
Simply Wall St.
Hongkong Land Holdings Insiders Placed Bullish Bets Worth US$982.5k
In the last year, multiple insiders have substantially increased their holdings of Hongkong Land Holdings Limited...
Simply Wall St.
Analyzing 3 SGX Dividend Stocks With Yields Ranging From 4.7% To 5.4%
In recent developments, the global financial landscape is witnessing significant technological advancements, as illustrated by major banks like Santander rolling out sophisticated cloud-based platforms. This trend underscores the importance of innovation and adaptability in today's dynamic market environment. In this context, selecting dividend stocks that not only offer attractive yields but also demonstrate resilience and strategic foresight in adapting to new technologies is crucial for...
Yahoo Finance
Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech
Investors are eyeing political turmoil in France as uncertainty about rate cuts dogs the market.
The Smart Investor
Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group
We look at the latest software updates from a technology giant and the latest moves by the US central bank. The post Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group appeared first on The Smart Investor.
Fortune
Roaring Kitty sends a hidden message to GameStop CEO Ryan Cohen by raising stake to 9 million shares
GameStop investors believe the meme stock trader may be angling for a seat on the board after acquiring 2% of the company.
Insider Monkey
Analyst Says Advanced Micro Devices, Inc. (AMD) is Expensive Compared With NVDA, AI Expectations ‘Too High’
We recently published a list of 10 Biggest AI Stories and Ratings Updates You Should Not Miss This Week. Since Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks 6th on the list, it deserves a deeper look. The Federal Reserve now expects just one rate cut in this year, and the market’s reaction to this development has […]
AFP News
French stocks drag down European markets on vote fears
The Paris stock exchange plunged to its worst weekly performance in more than two years on Friday, dragging down other European markets and the euro as investors fret over France's looming snap election.In another sign of investors' concerns about the snap election, the yield, or interest, on 10-year French sovereign bonds rose and the difference with Germany's own borrowing costs widened the most in years.
Yahoo Finance
What's next for Tesla's stock as shareholders and Wall Street pros weigh in
Elon Musk's pay deal — worth up to $56 billion -—has now been approved by Tesla shareholders. Yet investors and analysts Yahoo Finance spoke to are feeling mixed about the future of the electric car company.
GOBankingRates
I Retired in My 50s: Here’s My Monthly Budget
Retiring in your 50s doesn't require a superpower, a trust fund, or the lottery, but it does require discipline. Since your investments will have less money to compound, you'll need to contribute...
Reuters
Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows
Keith Gill, the stock influencer known as Roaring Kitty, updated his holding of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million at the start of the week. Gill's update, posted on Reddit after the close of trading, showed the value of his position at $262.1 million. Gill who helped launch the meme-stock phenomenon in 2021, recently disclosed a sizeable GameStop stock and options position in a screen shot posted on Reddit on June 2.
The Independent
It’s official: Tesla shareholders grant Elon Musk the biggest executive pay package in US history
The billionaire entrepreneur had remained assured that shareholders would approve the payout which was denied to him by a Delaware judge in January
Simply Wall St.
A Look At The Fair Value Of Meta Platforms, Inc. (NASDAQ:META)
Key Insights Meta Platforms' estimated fair value is US$561 based on 2 Stage Free Cash Flow to Equity With US$504 share...
AFP News
Bank of Japan to scale down huge bond-buying programme
The Bank of Japan on Friday said it would trim its vast hoard of government bonds as it cautiously steps away from its long-running ultra-loose monetary policy.The central bank kept interest rates unchanged after a two-day meeting but announced plans to "reduce its purchase amount of JGBs (Japanese Government Bonds) thereafter to ensure that long-term interest rates would be formed more freely".

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IPO Edge Fireside Chats at Nasdaq on June 11

Latest stories

Should You Investigate Genting Singapore Limited (SGX:G13) At S$0.87?

China Evergrande's ex-CEO sells Hong Kong home at almost half of purchase price

OCBC's final offer of $25.60 for GEH is 'not fair but reasonable' says EY; advises shareholders to accept

Here's Why Old Chang Kee (Catalist:5ML) Has Caught The Eye Of Investors

Nvidia Is 2024’s Best-Performing Chip Stock. These 4 Are Next.

Tesla is biggest market bubble in world history: Short seller

Russia financial system shaken after U.S. imposes new sanctions

Hongkong Land Holdings Insiders Placed Bullish Bets Worth US$982.5k

Analyzing 3 SGX Dividend Stocks With Yields Ranging From 4.7% To 5.4%

Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech

Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group

Roaring Kitty sends a hidden message to GameStop CEO Ryan Cohen by raising stake to 9 million shares

Analyst Says Advanced Micro Devices, Inc. (AMD) is Expensive Compared With NVDA, AI Expectations ‘Too High’

French stocks drag down European markets on vote fears

What's next for Tesla's stock as shareholders and Wall Street pros weigh in

I Retired in My 50s: Here’s My Monthly Budget

Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows

It’s official: Tesla shareholders grant Elon Musk the biggest executive pay package in US history

A Look At The Fair Value Of Meta Platforms, Inc. (NASDAQ:META)

Bank of Japan to scale down huge bond-buying programme