Shares of Microsoft-backed Rubrik jump as much as 25% on first trading day

The Smart Investor
4 Singapore Stocks That Have Significantly Outperformed the Straits Times Index
These four stocks have seen their share prices surpass the bellwether Straits Times Index’s performance, but can they continue to shine? The post 4 Singapore Stocks That Have Significantly Outperformed the Straits Times Index appeared first on The Smart Investor.
The Smart Investor
Keppel DC REIT Just Announced Its First Japanese Acquisition: Is the REIT an Attractive Buy?
The data centre REIT is venturing into the land of the rising sun with its first acquisition there. The post Keppel DC REIT Just Announced Its First Japanese Acquisition: Is the REIT an Attractive Buy? appeared first on The Smart Investor.
CNN Business
Nasdaq has worst day since 2022 as tech stocks get slammed
Tech shares slumped Wednesday as investors shed the behemoths that fueled Wall Street’s monster stock rally this year.
Barrons.com
Nvidia Stock Drops. Why It’s a Big Victim in the Tech Exodus.
Nvidia drops alongside other big technology companies as investors move away from some of the buzziest stocks in the market.
Simply Wall St.
Exploring Undervalued SGX Stocks With Discounts Ranging From 40.2% To 43.4%
Amidst a fluctuating global economic landscape, the Singapore market has shown resilience, with recent government securities auctions reflecting stable investor confidence and interest rates. In such a market environment, identifying undervalued stocks can offer potential opportunities for investors looking for value in a steady yet cautious trading climate.
Simply Wall St.
SGX Dividend Stocks To Watch In July 2024
Amidst the evolving global financial landscape marked by the FATF's updated advisories on jurisdictions with strategic deficiencies, investors in Singapore's market remain keenly observant of shifts that could influence economic and market stability. In such a climate, dividend stocks often gain attention for their potential to offer relative stability and consistent returns. A good dividend stock typically features robust fundamentals and a history of stable payouts, qualities that become...
Yahoo Finance
Nvidia, ASML, and TSMC stocks got hammered — here's why
Chip stocks got hammered on Wednesdays. Reasons why include a media report that the US is considering tighter export restrictions, and a broader rotation out of Big Tech.
SmartAsset
Can I Retire at 55 With $2 Million and $6k in Monthly Expenses?
Retiring early raises a series of questions around both income and spending. You will need to manage your portfolio for longer-term drawdowns, an early end to new earnings, and a long wait for Social Security to kick in. You will need to manage your spending around new needs, particularly health insurance, long-term care insurance and […] The post I'm 55 With a $2 Million Net Worth and $6k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.
Reuters
Chip stocks shed over $500 billion in value on China trade fears
(Reuters) -Wall Street's semiconductor index lost more than $500 billion in stock market value on Wednesday in its worst session since 2020 after a report said the United States was mulling tighter curbs on exports of advanced semiconductor technology to China. Remarks from Republican presidential nominee Donald Trump saying key production hub Taiwan should pay the United States for its defense deepened selling in chip stocks. The latest worries for chip investors come after Washington in recent years has adopted a more protective stance for the U.S. semiconductor manufacturing industry, which it views as strategically important for competing against China.
AFP News
Dow soars to fresh record while gold prices hit all-time high
The Dow rocketed to a fresh record Tuesday while gold prices also hit an all-time peak, as rising expectations for Federal Reserve interest rate cuts in 2024 lift Wall Street to new heights.The records were driven partly by outsized gains for Bank of America and Dow member UnitedHealth Group following earnings reports, as well as an ongoing rotation of funds towards smaller companies that have underperformed in 2024 but are expected to be boosted by Federal Reserve interest rate cuts.
INSIDER
Lower interest rates could be coming soon. Here's what's at stake if they aren't.
Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and the consequences if they don't happen soon.
Simply Wall St.
These Return Metrics Don't Make Genting Singapore (SGX:G13) Look Too Strong
What financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...
Reuters
Euro lower after ECB stands pat, dollar climbs after data
NEW YORK (Reuters) -The euro was lower on Thursday after the European Central Bank (ECB) held rates steady as was widely expected, while the dollar index advanced after U.S. data on the labor market and manufacturing. The ECB left rates unchanged and gave no insight into its next move, arguing that domestic price pressures remain high and inflation will be above its target well into next year, leaving the market to decipher comments from President Christine Lagarde for clues on the central bank's next move.
Reuters
Nokia reports 32% drop in profit but sees recovery in 2nd half
(Reuters) -Nokia reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America. Nokia and its rival Ericsson have been hit by customers buying less telecom equipment, and have announced thousands of lay-offs in response. Net sales fell 18% year-on-year, as the pace of investment in 5G technology in India, a key market, slowed after rapid growth a year before.
GOBankingRates
I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have
Though your pre-retirement income alone isn't enough to determine if you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you allocate...
Simply Wall St.
China Aviation Oil (Singapore) (SGX:G92) Will Be Hoping To Turn Its Returns On Capital Around
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Simply Wall St.
3 High Yield Dividend Stocks From China With Yields Up To 4.6%
As global markets navigate through fluctuating inflation rates and monetary policies, Chinese stocks have shown resilience, marked by a notable uptick in exports that has somewhat offset domestic economic pressures. In this context, high-yield dividend stocks from China could offer investors a blend of income potential and exposure to the evolving dynamics of the world's second-largest economy.
Yahoo Finance Video
A market correction is definitely 'in the cards': Strategist
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are sinking on Wednesday while small caps (^RUT) are seeing a rebound of more than 10% in the last week. Wall Street Alliance Group Partner Aadil Zaman joins Wealth! to discuss the pullback and how investors should be positioning their portfolios. "Investors need to be cautious here because the market has gone up so much in such a short period of time. So a correction, in our opinion, is definitely in the cards. And we feel that at this point in time, investors should have some firepower to be able to take advantage of a pullback," Zaman states. He encourages investors to take some profits from their positions in Big Tech stocks and "spread the love into other areas of the market that could potentially benefit from rate cuts." As the Federal Reserve is likely to initiate an interest rate cut by the end of the year, Zaman notes that overall, "the stock market has a lot going for it." He points to low unemployment and low inflation as positive indicators of a strong economy, adding, "[The] Fed, whether now or whether later, they're going to cut rates. So we are firm believers that long-term, the market is going to go higher... And also, we feel that with the rate cuts that you mentioned, the breadth in the market is going to improve. So investors should start looking at allocating into other areas of the market, not just focused on 4 or 5 companies in a concentrated way." He believes that investment banking activity will pick up as the Fed cuts interest rates, presenting a potential buying opportunity for investors. He also points to utilities as a sector with room to grow as the AI race increases the demand for energy. Zaman notes that investing in areas like financials and utilities would protect your portfolio in the event of a market correction. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
Reuters
Explainer-What are Japan's tactics based on latest suspected intervention?
Japan is suspected to have intervened in the foreign exchange market to prop up the yen on several occasions this month, underscoring its discomfort over the pain the currency's fall is inflicting on households because of costlier imports. The yen had languished at 38-year lows past 160 per dollar before the suspected bout of intervention, making policymakers increasingly worried that higher import costs may hurt weak private consumption. Leaving the yen's slide unattended would have risked giving markets the impression Tokyo will turn a blind eye to speculative moves that were out of line with fundamentals.
Simply Wall St.
Institutional investors in Sea Limited (NYSE:SE) see US$2.9b decrease in market cap last week, although long-term gains have benefitted them.
Key Insights Significantly high institutional ownership implies Sea's stock price is sensitive to their trading actions...

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Shares of Microsoft-backed Rubrik jump as much as 25% on first trading day

Latest stories

4 Singapore Stocks That Have Significantly Outperformed the Straits Times Index

Keppel DC REIT Just Announced Its First Japanese Acquisition: Is the REIT an Attractive Buy?

Nasdaq has worst day since 2022 as tech stocks get slammed

Nvidia Stock Drops. Why It’s a Big Victim in the Tech Exodus.

Exploring Undervalued SGX Stocks With Discounts Ranging From 40.2% To 43.4%

SGX Dividend Stocks To Watch In July 2024

Nvidia, ASML, and TSMC stocks got hammered — here's why

Can I Retire at 55 With $2 Million and $6k in Monthly Expenses?

Chip stocks shed over $500 billion in value on China trade fears

Dow soars to fresh record while gold prices hit all-time high

Lower interest rates could be coming soon. Here's what's at stake if they aren't.

These Return Metrics Don't Make Genting Singapore (SGX:G13) Look Too Strong

Euro lower after ECB stands pat, dollar climbs after data

Nokia reports 32% drop in profit but sees recovery in 2nd half

I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have

China Aviation Oil (Singapore) (SGX:G92) Will Be Hoping To Turn Its Returns On Capital Around

3 High Yield Dividend Stocks From China With Yields Up To 4.6%

A market correction is definitely 'in the cards': Strategist

Explainer-What are Japan's tactics based on latest suspected intervention?

Institutional investors in Sea Limited (NYSE:SE) see US$2.9b decrease in market cap last week, although long-term gains have benefitted them.