Omnicom Schedules First Quarter 2024 Earnings Release and Conference Call

The Smart Investor
3 Singapore Blue-Chip Stocks That Reported Solid Earnings
Here are three Singapore blue-chip stocks that delivered a robust set of earnings. The post 3 Singapore Blue-Chip Stocks That Reported Solid Earnings appeared first on The Smart Investor.
The Smart Investor
5 High-Yielding Singapore REITs Backed by Strong Sponsors
Singapore has plenty of high-yielding REITs. Having a strong sponsor will make a difference. The post 5 High-Yielding Singapore REITs Backed by Strong Sponsors appeared first on The Smart Investor.
The Telegraph
Apple suffers $91bn hit to sales as Chinese shoppers ditch iPhones
Apple has suffered its biggest drop in iPhone sales for more than three years as Chinese shoppers turn away from the company and embrace domestic rivals such as Huawei.
Yahoo Finance
Apple CEO Tim Cook boasts of future AI plans after earnings beat
Apple CEO Tim Cook boasted about the company's upcoming generative AI plans during the iPhone maker's Q2 earnings call.
BBC
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
Reuters
Global hedge funds chase Hong Kong stocks rally, UBS says
Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note. Hong Kong's stock markets, which closely mirror China's struggling performance, have recovered since March as Beijing rolled out economic support measures. Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering.
CNN Business
Apple plans record $110 billion share buyback amid challenging earnings report
Apple on Thursday posted first-quarter revenue of $90.8 billion, down 4% year over year, as the iPhone maker continues to struggle with growth challenges, particularly in China, amid an uncertain economic environment.
Zacks
Should Investors Buy the Dip in AMD (AMD) or Super Micro Computer's (SMCI) Stock After Earnings?
Investors may be wondering if it's time to buy the post-earnings dip in AMD (AMD) and Super Micro Computer's (SMCI) stock as both are AI leaders.
Yahoo Finance
Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%
Surprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
Barrons.com
Bitcoin Nurses Its Wounds After Its Worst Stretch This Year. What Comes Next.
Bitcoin fell more than 10% in the first three days of this week, the worst three-day stretch since August 2023.
BBC
US warns rates to stay high as it battles inflation
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.
MoneySmart
More Than Just a Pit Stop: 5 Hidden Gems at Your Local Petrol Station
Petrol stations are always the reliable, dependable stops that you can count on when you’re in need of some juice for your car, no matter the hour. But beyond their... The post More Than Just a Pit Stop: 5 Hidden Gems at Your Local Petrol Station appeared first on MoneySmart Blog.
The Edge Singapore
DBS, POSB internet banking services down for some, two days after MAS’s suspension was lifted
The evening disruption comes just hours after DBS announced yet another record net profit of $2.96 billion for 1QFY2024.
Benzinga
Google Eliminates 200 Jobs, Moves Roles to India And Mexico As Part Of Cost-Trimming Efforts
This story was first published on the Benzinga India portal. As part of a significant cost-cutting strategy, Alphabet Inc's Google (NASDAQ: GOOGL) recently eliminated approximately 200 roles from its core team and relocated some positions to India and Mexico. The tech giant also slashed nearly 50 engineering roles stationed at its California headquarters. According to internal documents obtained by CNBC, Google intends to recruit new staff in India and Mexico to fill these vacated roles. The cor
GOBankingRates
Microsoft Stock Secrets: How To Make $1,000 a Month With Dividends
When it comes to explaining the power of stock market investing, one example that frequently makes the rounds is how rich you would be now if you had invested in Microsoft when the software company...
Reuters
Analysis-Powell's soothing tone may not be enough for inflation-spooked markets
Federal Reserve Chairman Jerome Powell's reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S. stock and bond investors, as uncertainty over the path of inflation intensifies the focus on upcoming data. Though Powell on Wednesday acknowledged a lack of recent progress in the Fed’s battle against rising consumer prices, he reiterated the view that interest rates are likely headed lower this year. That was a relief for those worried the Fed could be eyeing more rate increases after three straight months of stronger-than-expected inflation.
CNN
At least 25,000 people in the US are starting weight-loss drug Wegovy each week, drugmaker says
Drugmaker Novo Nordisk said it’s been increasing supply of its sought-after weight-loss drug Wegovy, with at least 25,000 people now starting to take the medicine each week in the United States.
Reuters
Credit Suisse may face $36 million fine over South Korea short-selling, says Chosun Ilbo
South Korea's financial authorities have notified Credit Suisse AG it could face 50 billion won ($36.32 million) in fines over allegations it breached short-selling rules, South Korea's Chosun Ilbo daily reported on Thursday, citing industry sources. The Financial Supervisory Service (FSS) is set to announce on Friday the mid-term findings from its investigation of short-selling by global investment banks. The FSS declined to comment on the Chosun Ilbo report.
TechCrunch
Luminar cuts 20% of staff and outsources lidar production
Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more "asset-light" business model, as it aims to scale production. Luminar is also cutting ties with "the majority" of its contract workers. "Today, we stand at the crossroads of two realities: the core of our business has never been stronger across technology, product, industrialization, and commercialization; yet at the same time the capital markets perception of our company has never been more challenging," billionaire founder and CEO Austin Russell said in a letter posted to Luminar's website.
Reuters
US STOCKS-Wall Street rises as Fed rate-hike concerns alleviate
Wall Street's main indexes advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a crucial job report later in the week. While Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to entertain talk that rates might actually need to go up again. "The outcome of the (Fed) statement, plus the press conference was for slightly more rate cuts to be priced in, not necessarily sooner, but by the end of the year," said Brian Nick, senior investment strategist at the Macro Institute.

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Omnicom Schedules First Quarter 2024 Earnings Release and Conference Call

Latest stories

3 Singapore Blue-Chip Stocks That Reported Solid Earnings

5 High-Yielding Singapore REITs Backed by Strong Sponsors

Apple suffers $91bn hit to sales as Chinese shoppers ditch iPhones

Apple CEO Tim Cook boasts of future AI plans after earnings beat

Apple sales fall in nearly all countries

Global hedge funds chase Hong Kong stocks rally, UBS says

Apple plans record $110 billion share buyback amid challenging earnings report

Should Investors Buy the Dip in AMD (AMD) or Super Micro Computer's (SMCI) Stock After Earnings?

Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%

Bitcoin Nurses Its Wounds After Its Worst Stretch This Year. What Comes Next.

US warns rates to stay high as it battles inflation

More Than Just a Pit Stop: 5 Hidden Gems at Your Local Petrol Station

DBS, POSB internet banking services down for some, two days after MAS’s suspension was lifted

Google Eliminates 200 Jobs, Moves Roles to India And Mexico As Part Of Cost-Trimming Efforts

Microsoft Stock Secrets: How To Make $1,000 a Month With Dividends

Analysis-Powell's soothing tone may not be enough for inflation-spooked markets

At least 25,000 people in the US are starting weight-loss drug Wegovy each week, drugmaker says

Credit Suisse may face $36 million fine over South Korea short-selling, says Chosun Ilbo

Luminar cuts 20% of staff and outsources lidar production

US STOCKS-Wall Street rises as Fed rate-hike concerns alleviate