SpaceX valued at $210 bln based on tender offer- Bloomberg

The Smart Investor
4 Singapore Stocks Paying Out Dividends in July
We feature four Singapore stocks that are doling out dividends in July. The post 4 Singapore Stocks Paying Out Dividends in July appeared first on The Smart Investor.
Barrons.com
Alibaba Stock Has Languished While Tencent Has Soared. One Reason Why.
Shares in Tencent, like much of the rest of Chinese tech, have been slammed since Beijing began a crackdown on technology companies in late 2020.
Fortune
Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says
Melius Research projects Nvidia will generate $270 billion in cash over the next three years, potentially setting the stage for huge shareholder returns.
Barrons.com
This Stock Is Beating Nvidia—and It’s Set to Climb Even More
Abercrombie & Fitch’s stock has smoked Nvidia’s in the past year. A strategic makeover under CEO Fran Horowitz is winning fans on Wall Street and Main.
Yahoo Finance
New inflation reading offers hope for Fed rate cuts later this year
The Fed got another positive signal that inflation is easing after running hotter-than-expected in the first quarter, but the central bank still likely needs more time before cuts can begin in 2024.
Simply Wall St.
Unveiling Three Stocks That May Be Trading Below Their Estimated Intrinsic Value
As global markets demonstrate resilience, with the S&P 500 reaching new highs and value stocks showing strength, investors may find opportunities in stocks that appear undervalued relative to their intrinsic worth. In this context, identifying stocks trading below their estimated intrinsic value could be particularly timely, offering potential for appreciation as market conditions evolve.
Insider Monkey
The Wealthiest Person in China
We recently compiled a report on the 30 Wealthiest People in China and in this article we will look at the richest person. An Analysis of the Chinese Economy On May 29, Reuters reported that China is seeing signs of economic recovery after a long period of sluggish economic growth. Consumer spending in China has […]
Simply Wall St.
Singapore Post Full Year 2024 Earnings: EPS Beats Expectations
Singapore Post ( SGX:S08 ) Full Year 2024 Results Key Financial Results Revenue: S$1.69b (down 9.9% from FY 2023). Net...
GOBankingRates
How Another Trump Presidency Might Affect Your Tech Stock Investments
Presidents often tout the stock market’s performance when it does well on their watch -- and remain quiet when it doesn’t. President Joe Biden did so when the S&P 500 hit a record high earlier this year, and ex-President Donald Trump regularly praised the stock market’s performance when he was in the White House.
Moneywise
Kevin O'Leary explains why Wall Street is starting to come around on Donald Trump ahead of the US election
He also points out a “killer” issue lingering in America.
The Smart Investor
Top Stock Market Highlights of the Week: Amazon, Hongkong Land and Valuetronics
An e-commerce behemoth hits a new market capitalisation milestone while a reputable property owner and developer carries a billion-dollar property revamp. The post Top Stock Market Highlights of the Week: Amazon, Hongkong Land and Valuetronics appeared first on The Smart Investor.
Reuters
Nokia taps AI boom with $2.3 billion Infinera purchase
Nokia's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence. The deal would help Nokia to leapfrog Ciena and become the second largest vendor in the optical networking market with a 20% share, behind Huawei, which is benefiting from the minimal presence of Western companies in China. Nokia's move will allow the company to sell more equipment to big tech companies such as Amazon, Alphabet and Microsoft as they invest billions of dollars in building new data centres to service the artificial intelligence boom.
Yahoo Finance
Stock market today: AI frenzy leads stocks to rip-roaring first half of 2024
Investors are watching for a cooling in the Fed-favored PCE print to boost rate-cut hopes as they assess Biden's faltering performance in the Trump debate.
Reuters
US inflation cools in May, boosting hopes of Fed rate cut
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the Federal Reserve closer to start cutting interest rates later this year. The report from the Commerce Department on Friday also showed consumer spending rose marginally last month. Underlying prices advanced at the slowest pace in six months, raising optimism that the U.S. central bank could engineer a much-desired "soft landing" for the economy in which inflation cools without triggering a recession and a sharp rise in unemployment.
GOBankingRates
5 Ways To Fight Inflation That Actually Work — And 5 That Don’t
If you've seen yourself paying a hefty bill at the grocery store or tried to fill your tank, only to get a fraction of what you once paid for, you've likely noticed that many of these costs have...
Investing.com
How long will central bank buying of gold last?
Central banks have been actively and massively buying gold over the last few years. In its report published this week, UBS highlighted the sustained interest in gold by central banks, underscoring its role as a hedge against inflation, a diversifier during market stress, and a credible asset in times of economic turmoil.
Reuters
Apple's iPhone shipments in China surge 40% in May amid aggressive discounting
BEIJING (Reuters) -Apple's smartphone shipments in China rose nearly 40% in May from a year earlier, extending a rebound seen in April, data from a research firm affiliated with the Chinese government showed on Friday. Shipments of foreign-branded phones in China increased by 1.425 million in May to 5.028 million units from 3.603 million a year earlier，calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed. Although the data did not explicitly mention Apple, the company is the dominant foreign phone maker in China's smartphone-dominated market.
Moneywise
Here are 10 of Dave Ramsey's most savage one-liners
No one else on radio shoots as straight as Dave.
Barrons.com
Campbell Soup Stock Has Struggled. Can Rao’s Save It?
The venerable soup maker has diversified through dealmaking, but after a pandemic rally, shares have struggled. Now the hope is a high-priced brand from a hot New York restaurant. Plus: Can cruising bail out Disney?
Zacks
Marvell Technology (MRVL) Gains As Market Dips: What You Should Know
Marvell Technology (MRVL) closed at $69.90 in the latest trading session, marking a +1.7% move from the prior day.

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SpaceX valued at $210 bln based on tender offer- Bloomberg

Latest stories

4 Singapore Stocks Paying Out Dividends in July

Alibaba Stock Has Languished While Tencent Has Soared. One Reason Why.

Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says

This Stock Is Beating Nvidia—and It’s Set to Climb Even More

New inflation reading offers hope for Fed rate cuts later this year

Unveiling Three Stocks That May Be Trading Below Their Estimated Intrinsic Value

The Wealthiest Person in China

Singapore Post Full Year 2024 Earnings: EPS Beats Expectations

How Another Trump Presidency Might Affect Your Tech Stock Investments

Kevin O'Leary explains why Wall Street is starting to come around on Donald Trump ahead of the US election

Top Stock Market Highlights of the Week: Amazon, Hongkong Land and Valuetronics

Nokia taps AI boom with $2.3 billion Infinera purchase

Stock market today: AI frenzy leads stocks to rip-roaring first half of 2024

US inflation cools in May, boosting hopes of Fed rate cut

5 Ways To Fight Inflation That Actually Work — And 5 That Don’t

How long will central bank buying of gold last?

Apple's iPhone shipments in China surge 40% in May amid aggressive discounting

Here are 10 of Dave Ramsey's most savage one-liners

Campbell Soup Stock Has Struggled. Can Rao’s Save It?

Marvell Technology (MRVL) Gains As Market Dips: What You Should Know