PRESS DIGEST-Wall Street Journal

Benzinga
Palantir's Peter Thiel Says It's 'Very Strange' That Most Money In AI Is Being Made By Only One Company
Last week, while appearing at the Aspen Ideas Festival, Palantir Technologies (NYSE:PLTR) co-founder Peter Thiel shared his insights on artificial intelligence, Nvidia Corp. (NASDAQ:NVDA), and ChatGPT-parent OpenAI. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. What Happened: During the fes
The Smart Investor
4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement
We highlight four dividend-paying stocks that can help you to enjoy a comfortable retirement. The post 4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement appeared first on The Smart Investor.
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.
BBC
Jeff Bezos to sell another $5bn of Amazon shares
In February, Mr Bezos announced that he would sell shares in technology giant worth around $8.5bn.
Moneywise
Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate
It can be done.
Yahoo Finance Video
Nvidia has 3 under-the-radar rivals for AI chip supremacy
Who can compete with NVIDIA (NVDA)? Goldman Sachs Asset Management Portfolio Manager Brook Dane spoke with Yahoo Finance Executive Editor Brian Sozzi to talk all things AI chips, and more. For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform.
Simply Wall St.
Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Simply Wall St.
Exploring Three SGX Stocks With Intrinsic Value Discounts Ranging From 43% To 47.2%
Amidst a landscape of heightened vigilance against financial fraud, as highlighted by initiatives from major banks like National Australia Bank, investors in the Singapore market may find reassurance in focusing on fundamentally sound investments. In this context, identifying stocks trading below their intrinsic value can offer a prudent strategy, especially when market conditions underscore the need for careful investment choices.
Insider Monkey
Here are the Reasons Why You Should Hold NVIDIA Corporation (NVDA) for the Long Term
Fred Alger Management, an investment management company, released its “Alger Focus Equity Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. US markets performed strongly in Q1, with the S&P Index up 10.56%. Class A shares of the fund outperformed the Russell 1000 Growth Index in the quarter. Information […]
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.
Investing.com
Japanese yen fragile as USDJPY nears 162; intervention in focus
Investing.com-- The Japanese yen steadied near its weakest levels in 38 years on Thursday, with the currency’s latest decline and low liquidity during a U.S. market holiday sparking fresh speculation over government intervention.
GOBankingRates
Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year
Most retirees live on a fixed income, so you're always looking for ways to reduce expenses and save money. This isn't always easy, especially if you're already living with the least amount possible,...
The Guardian
Shell to take hit of up to $2bn on Rotterdam and Singapore sites
Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia
Yahoo Finance Video
Fed won't hit 2% target until 2026: Economist
With somewhat cooling inflation and stagnant labor market growth, conversations about whether the Federal Reserve's interest rate cut timing persist. Interactive Brokers senior economist José Torres joins Market Domination to give insight into the labor market, the broader stock market, and the Fed's future policy decisions. "I think we're going to hit the Fed's 2% target somewhere in 2026. Fed Chair Powell was asked about it; he didn't think that we would hit it this year or next year. In fact, when we consider the disinflation that occurred last year in the second half, now those base effects become unfavorable into the second half of this year. So we're going to actually see core PCE start to tick higher. And if you look at the dots of summary of economic projections from the Fed, they're expecting core PCE to finish the year around 2.8," Torres tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Yahoo Finance Video
Why manufacturing domestically is worth higher prices
Walmart (WMT) has partnered with American Giant to roll out a line of American-made t-shirts just in time for the Fourth of July holiday. American Giant founder and CEO Bayard Winthrop joins Market Domination Overtime to discuss the partnership and some of the core principles behind the brand. "It was a real breakthrough moment for our brand, and for textiles more broadly, when you have a partner like Walmart stepping up to a long-term commitment and a volume commitment that allows the supply chain partners to really rethink the way they're thinking about producing apparel in the United States again," Winthrop says. While textiles cost more to produce in the US, he believes the benefits are worth it: "When you make things here, you do it within the constraints of the American system, which includes human rights protections, environmental protections, child labor protections, living wages, things that I think we all as Americans really appreciate." Winthrop stresses the importance of investing in America's manufacturing capabilities and workforce, explaining, "We begin to give good opportunities to those towns, those cities that want to have good, viable, and dignified work. And so that was a real founding mission for our brand." He notes that American Giant fulfills the need of consumers looking for access to good-quality, American-made products at reasonable prices. He adds, "I think the larger brands and retailers have, as a generalized statement, tried to be a part of the solution here. And I think this now points a way forward for them to join the conversation." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
Benzinga
Suze Orman Puts 72-Year-Old Caller's Financial Advisor On Blast — 'Do Not Do This. Do Not Do This On Any Level'
During an episode of "Ask KT and Suze Anything," personal finance expert Suze Orman criticized a 72-year-old caller's financial advisor for bad advice about switching insurance policies. Here’s what happened during the podcast. Orman is a celebrated author and financial advisor known for her blunt but fair advice. During an episode of the "Ask KT and Suze Anything" podcast, which deals with all things money, Orman received a call from a 72-year-old woman named Judy, who has been retired for two
Reuters SG
Hong Kong fines DBS over breaching anti-money laundering rules
The Hong Kong unit of DBS Group Holdings, Singapore's biggest lender, was fined HK$10 million ($1.28 million) by Hong Kong's banking regulator for violating anti-money laundering (AML) and counter-terrorist financing regulations. The disciplinary action comes after an investigation conducted by the Hong Kong Monetary Authority (HKMA), which looked into control failures of DBS Bank (Hong Kong) between April 2012 and April 2019, the regulator said in a statement on Friday.
Simply Wall St.
Appian Corporation (NASDAQ:APPN) insiders have recently purchased stock and their bets paid off last week as company hit US$2.2b market cap
Key Insights Significant insider control over Appian implies vested interests in company growth A total of 3 investors...
Moneywise
Step into the shoes of a millionaire: 6 simple habits of wealthy Americans you can follow
Learn to walk the walk.
Simply Wall St.
Beyond, Inc. (NYSE:BYON) is largely controlled by institutional shareholders who own 70% of the company
Key Insights Given the large stake in the stock by institutions, Beyond's stock price might be vulnerable to their...

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PRESS DIGEST-Wall Street Journal - April 17

Latest stories

Palantir's Peter Thiel Says It's 'Very Strange' That Most Money In AI Is Being Made By Only One Company

4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement

4 Reliable Singapore Dividend Stocks That I Never Intend to Sell

Jeff Bezos to sell another $5bn of Amazon shares

Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate

Nvidia has 3 under-the-radar rivals for AI chip supremacy

Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?

Exploring Three SGX Stocks With Intrinsic Value Discounts Ranging From 43% To 47.2%

Here are the Reasons Why You Should Hold NVIDIA Corporation (NVDA) for the Long Term

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

Japanese yen fragile as USDJPY nears 162; intervention in focus

Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year

Shell to take hit of up to $2bn on Rotterdam and Singapore sites

Fed won't hit 2% target until 2026: Economist

Why manufacturing domestically is worth higher prices

Suze Orman Puts 72-Year-Old Caller's Financial Advisor On Blast — 'Do Not Do This. Do Not Do This On Any Level'

Hong Kong fines DBS over breaching anti-money laundering rules

Appian Corporation (NASDAQ:APPN) insiders have recently purchased stock and their bets paid off last week as company hit US$2.2b market cap

Step into the shoes of a millionaire: 6 simple habits of wealthy Americans you can follow

Beyond, Inc. (NYSE:BYON) is largely controlled by institutional shareholders who own 70% of the company