Power Metal Resources First Half 2024 Earnings: UK£0.004 loss per share (vs UK£0.018 loss in 1H 2023)

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.
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.
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 Hill
Nvidia’s rapid rise hits ‘bumps in the road’
After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the world last month, Nvidia has lost and regained hundreds of billions of dollars in value in recent days. While the chipmaker’s volatility has sparked some concerns about the sustainability of the stock market’s artificial intelligence (AI) boom, experts…
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.
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
Barrons.com
A YouTube Spinoff Could Unlock $190 Billion in Value in Alphabet, Says Analyst
“[W]e welcome regulators’ attempts to break up” Alphabet, writes Needham analyst Laura Martin, who has a $210 price target on the stock.
The Smart Investor
Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited
The chip sector receives another boost while an e-commerce player’s latest game release is performing very well. The post Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited appeared first on The Smart Investor.
Reuters
Shell to take up to $2 billion writedown on Singapore and Rotterdam plants
LONDON (Reuters) -Shell will take an impairment charge of up to $2 billion after the sale of its Singapore refinery and pausing of construction of one of Europe's largest biofuel plants, it said on Friday. The British energy company had announced on Tuesday that it would halt construction at its Rotterdam plant in the Netherlands because of weak market conditions. Shell said the decision will lead to a non-cash, post-tax impairment of between $600 million and $1 billion when it publishes second-quarter results on Aug. 1.
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.
Reuters
Earnings season to test hopes for broader stocks rally
NEW YORK (Reuters) -Hopes that the U.S. stocks rally will broaden beyond megacaps like Nvidia will be tested in coming weeks as investors learn whether profit growth from other companies is starting to catch up with that of the tech-related leaders. The S&P 500 has rallied 16% so far in 2024, driven by a handful of massive stocks poised to benefit from emerging artificial intelligence technology. Only 24% of stocks in the S&P 500 outperformed the index in the first half, the third-narrowest six-month period since 1986, according to BofA Global Research strategists.
Yahoo Finance Video
Tesla stock rally continues as robotaxi reveal date nears
Tesla (TSLA) stock continues its upward trajectory, buoyed by the company's second quarter delivery performance that surpassed analyst expectations. Tesla shares have surged approximately 20% over just five trading days. This rally comes as anticipation builds for Tesla's upcoming robotaxi event, scheduled for August 8. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Yahoo Finance Video
Fed is 'more focused' on core PCE than jobs data: Strategist
The June employment report beat Wall Street projections, with the economy adding 206,000 jobs. RiverFront Global Fixed Income CIO Kevin Nicholson joins Market Domination to discuss the implications for markets and Federal Reserve policy. Nicholson has a muted response to the jobs data, noting there is "a lot of mixed data" in recent economic indicators. He emphasizes that the Federal Reserve is likely more focused on the core Personal Consumption Expenditures (PCE) index, forecasted to rise 0.21% month-over-month in June. "I think that's where their focus is going to be," Nicholson adds that the PCE print is "more important to the Fed than the Jobs report right now." Regarding his market outlook, particularly for bonds (^TYX, ^TNX, ^FVX), Nicholson predicts, "Right now, I think that the ten-year [Treasury yield] is pretty much range-bound between four and four and a half percent for the second half of the year." He dives into potential scenarios: "If we get the Fed to pull back and delay their rate cuts, we'll see the ten-year go back into that 4.35 to 4.50 range." However, he suggests that if the Fed implements rate cuts, the yield could potentially drop closer to 4%. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Barrons.com
A Weak Yen Isn’t All Bad for Japan. It Boosts Exporters’ Earnings.
Divergent central-bank policies have pushed the Japanese currency to a four-year low against the dollar. But the news isn’t all bad: A lower yen boosts Japanese exporters’ earnings.
Associated Press Finance
Stock market today: Wall Street's scorching rally sets more records as hopes rise for rate cuts
U.S. stocks rose to more records Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes that interest rates may soon get easier. The S&P 500 climbed 0.5% to set an all-time high for a third straight day following Thursday’s pause in trading for the Fourth of July holiday. The Dow Jones Industrial Average rose 67 points, or 0.2%, while the Nasdaq composite added 0.9% to its own record.
Yahoo Finance Video
Bitcoin: Why the fall season will be big correction indicator
Bitcoin (BTC-USD) prices fell sharply in Friday's trading session, triggered by Mt. Gox's initiation of customer repayments, which has sparked fears of a potential sell-off in crypto markets. Token Bay Capital Founder and Managing Partner Lucy Gazmararian offers her insights on the outlook for the cryptocurrency. Gazmararian notes that the Mt. Gox repayment event has been "tracked quite thoroughly in Bitcoin circles" and was largely "anticipated." She suggests that "any selling [in bitcoin] is likely to be staggered" rather than occurring all at once. Moreover, she questions whether significant selling will materialize at all, stating, "people are likely to hold bitcoin for the longer term." Entering the summer season, Gazmararian predicts "a quieter" trading period, particularly for bitcoin. However, she emphasizes that the real test lies ahead: "The big question is what's bitcoin going to do when everyone comes back to work in the fall, and the markets start picking up again. That's really when we can actually tell if bitcoin's going to be in a deeper correction than is actually typical for most of the cycle." For more expert insight and the latest market action, click here to watch this full episode of the Morning Brief. This post was written by Angel Smith
AFP News
Asian markets down as traders await US jobs report
Asian markets were largely down on Friday, a day after Tokyo's indexes hit record highs, with traders preparing for a key US jobs report.Investor sentiment was also lifted Thursday as softer US labour market data gave the Federal Reserve room to cut interest rates, with another key jobs report due Friday.
Reuters
Analysis-Bond market re-focus on US elections throws wrench into 2024 rally hopes
NEW YORK (Reuters) -A recalibration of how the U.S. presidential election plays out is causing bond investors to bet yields stay higher for longer as November approaches. Yields have risen sharply after President Joe Biden's stumbling performance against Republican rival Donald Trump in the first presidential debate last month, which increased speculation about a second Trump win when voters go to the polls on Nov. 5. Some investors are betting on higher inflation under Trump because of trade and economic policies such as higher tariffs on imports, and profligate government spending along with lower tax revenues, which would boost fiscal deficits and U.S. debt levels.
Fortune
S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index
According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.
Simply Wall St.
DS Sigma Holdings Berhad (KLSE:DSS) Is Reinvesting At Lower Rates Of Return
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

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Power Metal Resources First Half 2024 Earnings: UK£0.004 loss per share (vs UK£0.018 loss in 1H 2023)

Power Metal Resources (LON:POW) First Half 2024 Results

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Latest stories

4 Reliable Singapore Dividend Stocks That I Never Intend to Sell

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

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

Nvidia’s rapid rise hits ‘bumps in the road’

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

How To Earn $500 A Month From Nvidia Stock

A YouTube Spinoff Could Unlock $190 Billion in Value in Alphabet, Says Analyst

Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited

Shell to take up to $2 billion writedown on Singapore and Rotterdam plants

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

Earnings season to test hopes for broader stocks rally

Tesla stock rally continues as robotaxi reveal date nears

Fed is 'more focused' on core PCE than jobs data: Strategist

A Weak Yen Isn’t All Bad for Japan. It Boosts Exporters’ Earnings.

Stock market today: Wall Street's scorching rally sets more records as hopes rise for rate cuts

Bitcoin: Why the fall season will be big correction indicator

Asian markets down as traders await US jobs report

Analysis-Bond market re-focus on US elections throws wrench into 2024 rally hopes

S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index

DS Sigma Holdings Berhad (KLSE:DSS) Is Reinvesting At Lower Rates Of Return