Lululemon Athletica, Smartsheet rise; Five Below, G-III Apparel fall, Thursday, 6/6/2024

Moneywise
Warren Buffett said that he could end America's deficit problem 'in five minutes' — here's what he would do
The Oracle of Omaha has a simple solution.
Simply Wall St.
Boustead Singapore's (SGX:F9D) Shareholders Will Receive A Bigger Dividend Than Last Year
Boustead Singapore Limited ( SGX:F9D ) will increase its dividend from last year's comparable payment on the 27th of...
Reuters
Former ASML CEO says US-China chip fight will continue
The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips are ideological and not based on facts, and they are set to continue. Wennink left in April after a ten year term at the helm of ASML that saw it become Europe's largest technology firm. Since 2018, the U.S. has imposed increasing restrictions on what tools the company can export to China, its second-largest market after Taiwan, citing security concerns.
Moneywise
Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently
There’s no one-size-fits-all plan for retirement.
Reuters
Meme stock speculation propels Koss shares 25% higher on Friday
Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the company. Some followers of Gill, known to his online followers as 'Roaring Kitty', on social media pointed to cryptic images he posted in May of a microphone posted against the backdrop of the U.S. flag. That led to speculation on Reddit, such as Otherwise-Category42's post on the sub-Reddit devoted to GameStop that has been tracking Gill's return, that 'Roaring Kitty' would become a buyer of Koss shares on or around July 4, the U.S. Independence Day holiday.
Moneywise
Charlie Munger had snarky words for get-rich gurus — how he urged investors to build wealth instead
The late billionaire didn’t hold his punches.
Moneywise
‘No one should have to go through this’: Single mom in NC took Airbnb squatters to court and won
The guests were served an eviction notice days ago.
BBC
Samsung expects profits to jump by more than 1,400%
The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips.
The Smart Investor
Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited
The chip sector receives another boost while an e-commerce player’s latest game release is performing very well. The post Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited appeared first on The Smart Investor.
Simply Wall St.
Investors in DRB-HICOM Berhad (KLSE:DRBHCOM) have unfortunately lost 39% over the last five years
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Reuters
Revolut CEO to sell part of stake in $500 million share sale, Sky News reports
The Financial Times reported last month that the digital finance app is working with bankers on the share sale, including shares held by employees, which could value it at more than $40 billion. The size of Storonsky's stake in the company is unclear, the report added, and the scale of any disposal would depend on the valuation that Revolut is able to attract from new investors as well as final allocation decisions by the company. Revolut declined to comment when contacted by Reuters.
GOBankingRates
5 Big Expenses Worth Charging on Credit To Get Rewards
It's generally a good rule of personal finance to never charge more than you can afford to pay off when your bill comes due. Learning how to manage your credit responsibly so you don't overspend takes...
Fortune
S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index
According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.
Barrons.com
Tesla Stock Shoots Past Wall Street Price Targets. Where It Goes Next.
The stock’s gains have left shares about 26% higher than the average analyst target price complied by FactSet. That’s nothing new for the EV-maker’s shares.
SETHLUI.COM
1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug
The post 1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug appeared first on SETHLUI.com.
GOBankingRates
Cutting Out These 7 Expenses Can Save You $5,400 Per Year
Most Americans know household expenses quickly add up, and they seek ways to cut excessive expenses from their budget. Read More: 7 Appliances Frugal Homeowners Steer Clear Of Check Out: How To Get...
Simply Wall St.
A Look At The Intrinsic Value Of Venture Corporation Limited (SGX:V03)
Key Insights The projected fair value for Venture is S$15.34 based on 2 Stage Free Cash Flow to Equity With S$14.14...
Sky News
Revolut founder Storonsky to cash in as part of $500m share sale
The founder of Revolut is to cash in part of his multibillion dollar stake in the company as part of a $500m (£391m) share sale. Sky News has learnt that Nik Storonsky, who is the fintech giant's chief executive, plans to offload stock worth tens or even hundreds of millions of dollars in the secondary deal in the coming weeks. City sources said the size of his disposal would depend on the valuation that Revolut is able to attract from new investors as well as final allocation decisions by the company and its advisers, Morgan Stanley.
Simply Wall St.
Investors in Interpublic Group of Companies (NYSE:IPG) have unfortunately lost 22% over the last year
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do...
The Telegraph
Old men selling their businesses at risk of Labour tax raid
Capital gains tax rises under Labour would disproportionately hit older men selling their businesses, analysis shows.

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Lululemon Athletica, Smartsheet rise; Five Below, G-III Apparel fall, Thursday, 6/6/2024

Latest stories

Warren Buffett said that he could end America's deficit problem 'in five minutes' — here's what he would do

Boustead Singapore's (SGX:F9D) Shareholders Will Receive A Bigger Dividend Than Last Year

Former ASML CEO says US-China chip fight will continue

Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently

Meme stock speculation propels Koss shares 25% higher on Friday

Charlie Munger had snarky words for get-rich gurus — how he urged investors to build wealth instead

‘No one should have to go through this’: Single mom in NC took Airbnb squatters to court and won

Samsung expects profits to jump by more than 1,400%

Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited

Investors in DRB-HICOM Berhad (KLSE:DRBHCOM) have unfortunately lost 39% over the last five years

Revolut CEO to sell part of stake in $500 million share sale, Sky News reports

5 Big Expenses Worth Charging on Credit To Get Rewards

S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index

Tesla Stock Shoots Past Wall Street Price Targets. Where It Goes Next.

1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug

Cutting Out These 7 Expenses Can Save You $5,400 Per Year

A Look At The Intrinsic Value Of Venture Corporation Limited (SGX:V03)

Revolut founder Storonsky to cash in as part of $500m share sale

Investors in Interpublic Group of Companies (NYSE:IPG) have unfortunately lost 22% over the last year

Old men selling their businesses at risk of Labour tax raid