Is Netflix (NFLX) a Buy Heading into its Upcoming Earnings Announcement?

The Guardian
Cash is king — for now: China signals it will slow transition to cashless society
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The Smart Investor
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Barrons.com
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Simply Wall St.
Sheng Siong Group Ltd (SGX:OV8) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
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The Telegraph
China’s $170bn gold rush triggers Taiwan invasion fears
China has built up a $170bn (£135bn) stockpile of gold after a record buying spree, in a move that has raised fears Beijing is preparing its economy for a possible conflict over Taiwan.
4 hours ago
The Edge Singapore
Seatrium to establish $100 mil share buyback programme
Depending on the prices at which the shares are repurchased, the buyback programme could take more than a year to be completed.
2 days ago
Reuters
Singtel falls up to 3% after $2.3 billion impairment
The impairment provisions would lead to the telecom giant reporting a net loss for the second-half period and a lower net profit for the full-year ended March 31, 2024, according to Singtel. Shares of Singtel were down 2.5% during Monday midday at S$2.35 per share, underperforming the broader benchmark stock index's 0.2% decline. "Singtel highlighted that this won't impact its dividend which is based on 70% to 90% of the underlying net income while the non-cash impairment charges will be booked as one offs," Maybank Research analyst Hussaini Saifee wrote in a research note on Monday.
a day ago
Reuters SG
UPDATE 2-Singtel sees $2.3 bln impairment hit, net loss in 2024 second-half
Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net loss for the period. The company also warned that it would report a lower net profit for the full-year ended March 31, 2024. About S$2 billion of the total impairment provision originates from its mobile network operation unit, Optus' goodwill, Singtel, Southeast Asia's largest telecom operator, said in its filing.
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In this article, we discuss what is an annuity for retirement and 15 dividend stocks to buy instead. You can skip our detailed analysis on the subject, and go directly to read What is an Annuity for Retirement? 5 Dividend Stocks to Buy Instead. For many Americans approaching retirement age, one of the most significant […]
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Reuters
India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports
Tata Sons, the holding company of India's Tata Group, has increased its stake in satellite TV provider Tata Play to 70% by buying a 10% stake from Singapore state investment firm Temasek for about $100 million, the Economic Times reported on Tuesday. Tata Play has informed the Ministry of Information and Broadcasting about the change in shareholding, complying with regulations governing direct-to-home (DTH) companies, according to the report, which cited people familiar with the matter.
7 hours ago
AFP News
China's EV giant BYD misses Q1 revenue estimates
Major Chinese electric carmaker BYD reported lower-than-expected revenue for the first quarter of 2024 on Monday, as an aggressive domestic price war and Western regulatory pressure weighed on the company's growth.Its profit in the first quarter was 4.57 billion yuan, up 10.62 percent from a year ago, BYD said on Monday.
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The Smart Investor
Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings
The supermarket operator continues to expand its store count in Singapore even as it grows its top and bottom lines. The post Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings appeared first on The Smart Investor.
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Benzinga
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Zacks
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Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
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Reuters
L'Occitane's billionaire owner close to possible $7 billion buyout bid, Bloomberg reports
Chairman Reinold Geiger's investment holding company, L'Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm's shares he does not already own, at HK$33 to HK$34 per share, the report said, citing people familiar with the matter. Earlier in the month, Reuters reported that Geiger was in advanced discussions with investors and lenders and was planning to make an attempt to buy out the company, months after he had shelved a previous attempt, according to two sources. A possible offer could value L'Occitane at about 6.5 billion euros ($6.95 billion), Bloomberg reported, adding that Blackstone Inc's tactical opportunities fund and Goldman Sachs Asset Management may provide around 1.6 billion euros in funding.
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GOBankingRates
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The Edge Singapore
Wilmar 1QFY2024 core net profit falls 14% y-o-y to US$328.4 mil
Wilmar International has posted net profit of US$302.9 million for 1QFY2024 ended March 31, 22.6% lower y-o-y.
a day ago
Reuters
India's Chennai Petroleum sees two year delay in building new 180,000 bpd refinery
India's Chennai Petroleum Corp Ltd will build a 180,000 barrels per day (bpd) refinery at Nagapattinam in Southern Tamil Nadu State by the end of 2027, two years later than initially planned, its head of finance Rohit Kumar Agrawala said on Monday. India, the world's third biggest oil consumer and producer, is expanding its refining capacity as it is expected to be the largest driver of global oil demand growth between 2023 and 2030, according to the International Energy Agency. Chennai Petroleum initially planned to complete the refinery by the end of 2025.
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Simply Wall St.
At US$877, Is NVIDIA Corporation (NASDAQ:NVDA) Worth Looking At Closely?
Let's talk about the popular NVIDIA Corporation ( NASDAQ:NVDA ). The company's shares saw a significant share price...
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Reuters
Morning Bid: The yen's mysterious move
Traders in Europe will be waking up to a nervy currency market after the yen's sharp reversal from its slide past 160 per dollar on Monday had some speculating Tokyo could be behind the move while the country was out on a holiday. The jump in the yen - which took it to a session-high of 156.55 per dollar - came just a few hours after it slid to the weaker side of 160 per dollar for the first time since 1990, marking a fresh 34-year low. Some said the rapid strengthening of the yen smelt like intervention, but markets will have to wait till Tuesday for any signals from authorities.
a day ago

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Is Netflix (NFLX) a Buy Heading into its Upcoming Earnings Announcement?

Latest stories

Cash is king — for now: China signals it will slow transition to cashless society

iFAST’s Dividend Climbs 30% as its Latest Quarter Net Profit Leaps 387%: 5 Things Investors Need to Know

The Fed Won’t Cut Rates at This Week’s Meeting. Focus on This Instead.

Sheng Siong Group Ltd (SGX:OV8) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

China’s $170bn gold rush triggers Taiwan invasion fears

Seatrium to establish $100 mil share buyback programme

Singtel falls up to 3% after $2.3 billion impairment

UPDATE 2-Singtel sees $2.3 bln impairment hit, net loss in 2024 second-half

What is an Annuity for Retirement? 15 Dividend Stocks to Buy Instead

India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports

China's EV giant BYD misses Q1 revenue estimates

Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings

'I'm 53 Years Old, Have Absolutely Nothing For Retirement, I'm $50,000 In Debt, And I Want A Divorce' — Dave Ramsey's Advice To Truck Driver

If You Invested $1000 in Chipotle Mexican Grill a Decade Ago, This is How Much It'd Be Worth Now

L'Occitane's billionaire owner close to possible $7 billion buyout bid, Bloomberg reports

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Wilmar 1QFY2024 core net profit falls 14% y-o-y to US$328.4 mil

India's Chennai Petroleum sees two year delay in building new 180,000 bpd refinery

At US$877, Is NVIDIA Corporation (NASDAQ:NVDA) Worth Looking At Closely?

Morning Bid: The yen's mysterious move