Meta Platforms, O'Reilly Automotive fall; Chipotle, TransUnion rise, Thursday, 4/25/2024

The Smart Investor
4 Reliable Singapore Dividend Stocks That I Never Intend to Sell
There are good reasons not to let go of a great dividend-paying stock. Here are four of them I plan to hold for the rest of my life. The post 4 Reliable Singapore Dividend Stocks That I Never Intend to Sell appeared first on The Smart Investor.
Moneywise
Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate
It can be done.
Reuters
Bitcoin set for worst week in nearly a year on Mt. Gox liquidation fears
NEW YORK/SINGAPORE/LONDON (Reuters) -Bitcoin was set for its biggest weekly fall in nearly a year on Friday, as traders fretted over the likely dumping of tokens from defunct Japanese exchange Mt. Gox and further selling by leveraged players after the cryptocurrency's strong run. The price of the world's largest cryptocurrency slid as much as 8% on the day to $53,523, its lowest since late February. Media reports said Mt. Gox, the world's leading exchange for cryptocurrencies before it collapsed a decade ago, may start returning bitcoin to creditors, who are seen as likely sellers since the token's worth was only hundreds of dollars in 2014.
Fortune
Wall Street’s biggest bear—once dubbed ‘Gandalf’ for his market foresight—is out of a job after predicting a U.S. recession that never happened
JPMorgan’s Marko Kolanovic made a name for himself as a contrarian during the pandemic, but too many wrong-footed calls finally caught up with him.
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.
Insider Monkey
Jim Cramer Says Palantir Technologies Inc (NYSE:PLTR) is like a ‘Giant Black Box’
We recently published a list of Jim Cramer’s Latest Stock Portfolio: Top 10 Recommendations. Since Palantir Technologies Inc (NYSE:PLTR) ranks 4th on the list, it deserves a deeper look. Jim Cramer in a latest program talked about the concept of “suitability” of stocks in investing, which emphasizes the importance of picking individual stocks based on your […]
The Guardian
Shell to take hit of up to $2bn on Rotterdam and Singapore sites
Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia
Simply Wall St.
Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Reuters
China's central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally
China's central bank has hundreds of billions of yuan worth of bonds at its disposal to borrow, and will sell them depending on market conditions, the bank told Reuters on Friday, part of a plan markets see as an effort to cool a powerful bond rally. The People's Bank of China (PBOC) will borrow the medium- and long-term bonds on an open-ended unsecured basis and sell them depending on market conditions, as it has signed agreements with several major financial institutions regarding bond borrowing, according to the bank. The official remarks come at a time China's sovereign bonds have performed strongly this year, with yields hitting record lows, as a wobbly economy and volatile stock markets pushed savers into fixed-income safe haven investments.
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.
Benzinga
How To Earn $500 A Month From Nvidia Stock
NVIDIA Corporation (NASDAQ:NVDA) shares closed higher on Wednesday, driven by strength in the chip stock sector. Former House Speaker Nancy Pelosi (D-Calif.) is one of the most closely watched members of Congress for stock trading activity, largely due to the significant purchases made by her husband, Paul Pelosi. On June 26, Paul Pelosi bought 10,000 shares of NVIDIA, with the purchase valued between $1 million and $5 million. Over the past six months, NVIDIA's stock has surged by more than 161
Yahoo Finance Video
Nvidia downgraded to Neutral by New Street Research. Here's why
Nvidia (NVDA) shares dip in pre-market trading — opening lower in Friday's regular trading hours — after New Street Research downgraded the chipmaker's stock to a Neutral rating. The Morning Brief team examines New Street Research's analyst note that cites "limited further upside" for the semiconductor titan. 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.
Reuters
Japan household spending falls unexpectedly, clouds BOJ rate path
TOKYO (Reuters) -Japanese household spending fell unexpectedly in May as higher prices continued to squeeze consumers' purchasing power, data showed on Friday, complicating the central bank's decision on how soon to raise interest rates. Many analysts expect consumption to rebound in the coming months as big wage hikes offered by companies and a tax break aimed at cushioning the blow from rising living costs reach households. The Bank of Japan (BOJ) will highlight how pay increases are spreading, including at smaller firms, in a report due later this month, sources have told Reuters, a trend that strengthens the case for a near-term interest rate hike.
Barrons.com
Bitcoin Falls to Below $56,000. Why the Crypto Is Set to Tumble Further.
The largest cryptocurrency is diving after collapsed exchange Mt. Gox prepares to refund digital assets to its users.
Zacks
The Zacks Analyst Blog Highlights NVIDIA XLK, Microsoft and Apple
NVIDIA XLK, Microsoft and Apple are included in this Analyst Blog.
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.
Simply Wall St.
Exploring July 2024's SGX Stocks Estimated To Be Below Intrinsic Value
As of July 2024, the Singapore market continues to present varied opportunities for investors, with certain sectors showing resilience amidst global economic fluctuations. In this context, identifying stocks that are trading below their intrinsic value could offer potential for those looking to invest wisely in undervalued assets.
Zacks
lululemon (LULU) Takes a Down Road in a Month: Should You Buy?
While lululemon (LULU) faces near-term challenges, its earnings growth potential and strength in the international segment could pave the way for the stock's return to growth trajectory.
SmartAsset
I'm About to Retire at 62. How Should I Structure My Portfolio?
For many people, retiring feels like crossing a finish line. You have spent your working years building wealth, and now it's time to manage and spend that money. By and large, this is true – your financial perspective will change significantly once you no longer have a normal stream of income. However, it's important to […] The post I'm 62 and Retiring Soon. How Should I Structure My Portfolio? appeared first on SmartReads by SmartAsset.
Reuters
SNB's Jordan blames Credit Suisse bosses for bank's crash
Credit Suisse's collapse was caused by the bank's management, not by Swiss financial authorities, Swiss National Bank Chairman Thomas Jordan was quoted as saying on Friday. "It was the result of bad decisions by the bank's management," Jordan told newspaper Le Temps in an interview. "The Swiss authorities were well prepared, and we took the necessary measures to avoid a global financial crisis."

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Meta Platforms, O'Reilly Automotive fall; Chipotle, TransUnion rise, Thursday, 4/25/2024

Latest stories

4 Reliable Singapore Dividend Stocks That I Never Intend to Sell

Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate

Bitcoin set for worst week in nearly a year on Mt. Gox liquidation fears

Wall Street’s biggest bear—once dubbed ‘Gandalf’ for his market foresight—is out of a job after predicting a U.S. recession that never happened

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

Jim Cramer Says Palantir Technologies Inc (NYSE:PLTR) is like a ‘Giant Black Box’

Shell to take hit of up to $2bn on Rotterdam and Singapore sites

Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?

China's central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally

Former ASML CEO says US-China chip fight will continue

How To Earn $500 A Month From Nvidia Stock

Nvidia downgraded to Neutral by New Street Research. Here's why

Japan household spending falls unexpectedly, clouds BOJ rate path

Bitcoin Falls to Below $56,000. Why the Crypto Is Set to Tumble Further.

The Zacks Analyst Blog Highlights NVIDIA XLK, Microsoft and Apple

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

Exploring July 2024's SGX Stocks Estimated To Be Below Intrinsic Value

lululemon (LULU) Takes a Down Road in a Month: Should You Buy?

I'm About to Retire at 62. How Should I Structure My Portfolio?

SNB's Jordan blames Credit Suisse bosses for bank's crash