Savills acquires project management and dispute resolution business in Malaysia

Moneywise
Warren Buffett said that he could end America's deficit problem 'in five minutes' — here's what he would do
The Oracle of Omaha has a simple solution.
Reuters
Bitcoin set for worst week in nearly a year on Mt. Gox liquidation fears
NEW YORK/SINGAPORE/LONDON (Reuters) -Bitcoin was set for its biggest weekly fall in nearly a year on Friday, as traders fretted over the likely dumping of tokens from defunct Japanese exchange Mt. Gox and further selling by leveraged players after the cryptocurrency's strong run. The price of the world's largest cryptocurrency slid as much as 8% on the day to $53,523, its lowest since late February. Media reports said Mt. Gox, the world's leading exchange for cryptocurrencies before it collapsed a decade ago, may start returning bitcoin to creditors, who are seen as likely sellers since the token's worth was only hundreds of dollars in 2014.
Moneywise
Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate
It can be done.
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.
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
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 […]
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.
Reuters
Meme stock speculation propels Koss shares 25% higher on Friday
Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the company. Some followers of Gill, known to his online followers as 'Roaring Kitty', on social media pointed to cryptic images he posted in May of a microphone posted against the backdrop of the U.S. flag. That led to speculation on Reddit, such as Otherwise-Category42's post on the sub-Reddit devoted to GameStop that has been tracking Gill's return, that 'Roaring Kitty' would become a buyer of Koss shares on or around July 4, the U.S. Independence Day holiday.
Reuters
Former ASML CEO says US-China chip fight will continue
The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips are ideological and not based on facts, and they are set to continue. Wennink left in April after a ten year term at the helm of ASML that saw it become Europe's largest technology firm. Since 2018, the U.S. has imposed increasing restrictions on what tools the company can export to China, its second-largest market after Taiwan, citing security concerns.
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
Yahoo Finance Video
Nvidia downgraded to Neutral by New Street Research. Here's why
Nvidia (NVDA) shares dip in pre-market trading — opening lower in Friday's regular trading hours — after New Street Research downgraded the chipmaker's stock to a Neutral rating. The Morning Brief team examines New Street Research's analyst note that cites "limited further upside" for the semiconductor titan. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Barrons.com
Bitcoin Falls to Below $56,000. Why the Crypto Is Set to Tumble Further.
The largest cryptocurrency is diving after collapsed exchange Mt. Gox prepares to refund digital assets to its users.
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.
SETHLUI.COM
1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug
The post 1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug appeared first on SETHLUI.com.
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
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.
Reuters
SNB's Jordan blames Credit Suisse bosses for bank's crash
Credit Suisse's collapse was caused by the bank's management, not by Swiss financial authorities, Swiss National Bank Chairman Thomas Jordan was quoted as saying on Friday. "It was the result of bad decisions by the bank's management," Jordan told newspaper Le Temps in an interview. "The Swiss authorities were well prepared, and we took the necessary measures to avoid a global financial crisis."
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 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.
Insider Monkey
Shake Shack Inc. (SHAK): A Good Restaurant Stock to Buy Today According to Hedge Funds?
We recently compiled a list of the 10 Best Restaurant Stocks to Buy Today. In this article, we are going to take a look at where Shake Shack Inc. (NYSE:SHAK) stands against the other restaurant stocks. Currently, quite a bit of anxiety is struck by restaurant stocks in the market, as the Russell index that […]

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Savills acquires project management and dispute resolution business in Malaysia

Latest stories

Warren Buffett said that he could end America's deficit problem 'in five minutes' — here's what he would do

Bitcoin set for worst week in nearly a year on Mt. Gox liquidation fears

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

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

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

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

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

Meme stock speculation propels Koss shares 25% higher on Friday

Former ASML CEO says US-China chip fight will continue

How To Earn $500 A Month From Nvidia Stock

Nvidia downgraded to Neutral by New Street Research. Here's why

Bitcoin Falls to Below $56,000. Why the Crypto Is Set to Tumble Further.

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

1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug

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

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

SNB's Jordan blames Credit Suisse bosses for bank's crash

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

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

Shake Shack Inc. (SHAK): A Good Restaurant Stock to Buy Today According to Hedge Funds?