Opendoor to Report First Quarter 2024 Financial Results on May 2nd, 2024

The Edge Singapore
OCBC ‘not in the business of providing liquidity’ for Great Eastern
“We have no direct interest in stimulating Great Eastern liquidity or share price.”
a day ago
Barrons.com
Bitcoin Plunges. Here’s Why and How Far Prices Could Fall.
Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
2 days ago
The Smart Investor
5 Singapore Stocks Paying Out Dividends in May
Here are five stocks that will be dishing out dividends in May. The post 5 Singapore Stocks Paying Out Dividends in May appeared first on The Smart Investor.
a day ago
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.
a day ago
The Edge Singapore
DBS reports record 1QFY2024 net profit of $2.96 bil, 15% higher y-o-y
An interim dividend of 54 cents has been declared.
2 days ago
Reuters
DBS quarterly results trounce forecasts, another record year expected
SINGAPORE (Reuters) -Singapore's biggest bank DBS Group reported on Thursday first-quarter results that trumped expectations with broad-based growth and said it expects net profit to exceed last year's record result. Underpinned by robust business momentum as loans grew and both fee income and treasury customer sales reached new highs, net profit jumped 15% from the same period a year earlier to S$2.96 billion ($2.2 billion), beating market expectations for a 3.5% decline. Guidance that net profit would grow this year was more upbeat than in the previous quarter when DBS said only that it expected this year's net interest income to be around 2023 levels.
a day ago
Barrons.com
Seagate Earnings Could Grow 10 Times in Just 2 Years, Analyst Says. Here’s Why.
Seagate stock got a ringing endorsement Wednesday that included a robust earnings forecast. Wedbush analyst Matt Bryson lifted his rating on the disk-drive provider to Outperform from Neutral and set a price target of $100. Seagate Technology Holdings stock was 0.5% higher on Wednesday at $86.22.
2 days ago
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.
6 hours ago
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.
6 hours ago
CoinDesk
Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
2 days ago
Zacks
3 Solid Crypto Stocks to Bet on After April Halving Event
Stocks like Coinbase Global, Inc. (COIN), Robinhood Markets, Inc. (HOOD) and NVIDIA Corporation (NVDA) are likely to benefit in the near term as the Bitcoin rally is poised to resume.
2 days ago
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.
13 hours ago
Reuters Videos
Japanese yen surges on suspected intervention
STORY: The Japanese yen surged against the dollar in the early hours of Thursday. Traders said it looked like another round of intervention by Tokyo authorities to prop up the ailing currency. The dollar fell to 153 against the yen, from over 157 earlier, though it later clawed back much of the losses. It comes after the Japanese currency slid to multi-decade lows against the greenback. Speaking earlier in the week there was a hint of action from Vice Finance Minister Masato Kanda, who overseas yen policy: “The extreme and abnormal fluctuation caused by speculation and its negative impact on the national economy cannot be overlooked. Therefore, we would like to continue to take appropriate actions when necessary.”On Thursday there was no confirmation from the government that intervention had taken place. However, it’s thought a similar move also happened on Monday. Money market data the following day suggest Japan’s finance ministry spent $35 billion propping up the currency. The yen has been pummelled by factors including Japan’s very low interest rates compared to the U.S. Though the Bank of Japan did finally do a hike in March, a gulf remains. That’s likely to remain the case for some time, with stubbornly high inflation in the U.S. seen delaying rate cuts by the Federal Reserve. Such factors have seen the yen fall around 10% versus the dollar just this year.
a day ago
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
15 hours ago
Reuters
Shell smashes forecasts with $7.7 billion quarterly profit
LONDON (Reuters) -Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas (LNG) production rose. Shell's cashflow rose by 6% from the previous quarter to $13.3 billion, reflecting strong operational performance, particularly in the LNG division, which together with trading helped offset a decline in natural gas prices that weighed on earnings of rivals including Exxon Mobil and Chevron last week. "Shell delivered another quarter of strong operational and financial performance, demonstrating our continued focus on delivering more value with less emissions," CEO Wael Sawan said.
22 hours ago
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.
23 hours ago
Reuters
Crypto washout sends bitcoin below $58,000 ahead of Fed decision
Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000. The price of bitcoin is now a full 22% below March's record of $73,803, technically putting it in a bear market.
2 days ago
The Smart Investor
5 US Growth Stocks That Are Growing Their Profits and Dividends
We profile five promising US growth stocks that are enjoying increasing profits and dividends. The post 5 US Growth Stocks That Are Growing Their Profits and Dividends appeared first on The Smart Investor.
4 hours ago
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.
12 hours ago
Reuters
RBA to hold rates in May, only cut once by end-year- Reuters poll
Australia's central bank will hold its key policy rate at 4.35% for a fourth straight meeting on Tuesday and at least until end-September, according to a Reuters poll of economists who forecast just one interest rate cut this year. That change in expectations from two 25 basis point cuts in an April survey follows news inflation fell less than expected last quarter and the labour market remains tight. Although inflation slowed to 3.6% from 4.1% previously, it was not expected to fall below the Reserve Bank of Australia's 2-3% target range until 2025, suggesting the central bank will have to hold rates higher for longer.
4 hours ago

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Opendoor to Report First Quarter 2024 Financial Results on May 2nd, 2024

Latest stories

OCBC ‘not in the business of providing liquidity’ for Great Eastern

Bitcoin Plunges. Here’s Why and How Far Prices Could Fall.

5 Singapore Stocks Paying Out Dividends in May

5 High-Yielding Singapore REITs Backed by Strong Sponsors

DBS reports record 1QFY2024 net profit of $2.96 bil, 15% higher y-o-y

DBS quarterly results trounce forecasts, another record year expected

Seagate Earnings Could Grow 10 Times in Just 2 Years, Analyst Says. Here’s Why.

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

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

Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

3 Solid Crypto Stocks to Bet on After April Halving Event

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

Japanese yen surges on suspected intervention

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

Shell smashes forecasts with $7.7 billion quarterly profit

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

Crypto washout sends bitcoin below $58,000 ahead of Fed decision

5 US Growth Stocks That Are Growing Their Profits and Dividends

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

RBA to hold rates in May, only cut once by end-year- Reuters poll