Power Integrations to Release First-Quarter Financial Results on May 7

Barrons.com
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The Edge Singapore
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An interim dividend of 54 cents has been declared.
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Barrons.com
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Reuters
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The Smart Investor
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AFP News
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Reuters
Starbucks shares hit two-year low as China, US demand clouds outlook
Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China. Price hikes taken last year have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note.
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Benzinga
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AFP News
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Reuters
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Gold prices climbed over 1% on Wednesday as the dollar and U.S. Treasury yields tumbled lower after the Federal Reserve's interest-rate decision and Chair Powell's speech. Spot gold was up 1.7% at $2,323.38 per ounce as of 15:15 p.m. ET (1915 GMT), after hitting its lowest level since April 5 earlier in the session. Benchmark U.S. 10-year bond yields also crept lower.
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GOBankingRates
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Power Integrations to Release First-Quarter Financial Results on May 7

Latest stories

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

5 Singapore Stocks Paying Out Dividends in May

Tech founder’s $33bn fortune makes him world’s richest prisoner

5 High-Yielding Singapore REITs Backed by Strong Sponsors

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

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

DBS quarterly results trounce forecasts, another record year expected

Stock market today: Nasdaq sinks 2% as stocks plummet to end worst month of 2024

Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings

The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it

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

Suze Orman Says This Is the Only Way To Be Investing in the Stock Market

Stock market today: Stocks end mixed in volatile session after Fed decision, Powell comments

US Federal Reserve keeps interest rates at 23-year high

3 Solid Crypto Stocks to Bet on After April Halving Event

Starbucks shares hit two-year low as China, US demand clouds outlook

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

Dollar steady and London shares higher before Fed update on rates

Gold climbs over 1% as dollar, yields fall after Fed's interest-rate decision

Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5