New Strong Sell Stocks for May 13th

The Smart Investor
Share Prices of These 3 Singapore Stocks Shot Up 36% or More Year-to-Date: Can Their Run Continue?
These three stocks have performed impressively this year, but could there be more upside for the remainder of 2024? The post Share Prices of These 3 Singapore Stocks Shot Up 36% or More Year-to-Date: Can Their Run Continue? appeared first on The Smart Investor.
Simply Wall St.
Should You Investigate Genting Singapore Limited (SGX:G13) At S$0.87?
Genting Singapore Limited ( SGX:G13 ), might not be a large cap stock, but it saw its share price hover around a small...
Simply Wall St.
Here's Why Old Chang Kee (Catalist:5ML) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Yahoo Finance Video
Tesla is biggest market bubble in world history: Short seller
Tesla's (TSLA) stock momentum seems to have stalled Friday morning after shareholders voted to approve CEO Elon Musk's pay packages — valued at nearly $46 billion — at the company's annual shareholder meeting on Thursday. Many analysts and Wall Street experts have shared new, incredibly bullish forecasts for the EV company, including Wedbush's Dan Ives — whose latest call sees Tesla's market cap reaching over $1 trillion in 2025 — and Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood, who believes the stock could reach $2,600 by 2029. However, not everyone shares this enthusiasm around Tesla and Elon Musk. Clean Energy Transition CEO and Portfolio Manager Per Lekander — a long-time Tesla short-seller — joins The Morning Brief to explain his $15 price target, likening Tesla to "the next Enron." "Let's not forget, that the stock is down 60% from all-time high at the same time as the market has gone up, 20, 25% in the meantime," Lekander says, citing Tesla's earnings and its year-to-date stock losses. "So the stock needs to go down. Once it goes down, it's going to go down more. And I think what drives it down is earnings. And I think we are very, very close to the turning point because so far it's been a slippery slope. They've sold cars poorly therefore they lowered the price, therefore earnings went down..." Lekander characterizes Musk as "missing... what's going on in the overall EV space" coming out of COVID-19 pandemic trends. 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. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why. Is Elon Musk the right fit as Tesla's CEO? Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained
Barrons.com
Nvidia Is 2024’s Best-Performing Chip Stock. These 4 Are Next.
Micron Technology, Taiwan Semiconductor Manufacturing, Coherent, and Qualcomm have also done well this year.
The Edge Singapore
MAS and CAD probing Seatrium under SFA over Operation Car Wash
ACG had earlier agreed to a DPA with Seatrium
Fortune
Roaring Kitty sends a hidden message to GameStop CEO Ryan Cohen by raising stake to 9 million shares
GameStop investors believe the meme stock trader may be angling for a seat on the board after acquiring 2% of the company.
The Smart Investor
Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group
We look at the latest software updates from a technology giant and the latest moves by the US central bank. The post Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group appeared first on The Smart Investor.
GOBankingRates
I Retired in My 50s: Here’s My Monthly Budget
Retiring in your 50s doesn't require a superpower, a trust fund, or the lottery, but it does require discipline. Since your investments will have less money to compound, you'll need to contribute...
Yahoo Finance
Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech
Investors are eyeing political turmoil in France as uncertainty about rate cuts dogs the market.
Insider Monkey
Why Microsoft Corporation (NASDAQ:MSFT) Is Up Today
We recently compiled the list of the 10 Stocks That Are Upgraded by Wall Street Analysts. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the 10 stocks whose price targets were recently raised by analysts. But first, we are going to take a look at what the […]
Simply Wall St.
Why Marvell Technology, Inc. (NASDAQ:MRVL) Could Be Worth Watching
Let's talk about the popular Marvell Technology, Inc. ( NASDAQ:MRVL ). The company's shares saw a double-digit share...
CoinDesk
Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days
AFP News
French stocks drag down European markets on vote fears
The Paris stock exchange plunged to its worst weekly performance in more than two years on Friday, dragging down other European markets and the euro as investors fret over France's looming snap election.In another sign of investors' concerns about the snap election, the yield, or interest, on 10-year French sovereign bonds rose and the difference with Germany's own borrowing costs widened the most in years.
Barrons.com
Stock Futures Are Dropping After S&P 500, Nasdaq Hit Fourth-Straight Record Highs
U.S. stock futures were mixed early Friday after the S&P 500 and Nasdaq posted their fourth consecutive record closes on Thursday. Contracts tied to the S&P 500 fell 0.5% and Nasdaq 100 futures were down 0.3%. Stocks were helped Thursday by more signs of a weakening economy and slowing inflation, which should help give the Federal Reserve room to lower interest rates later this year.
Yahoo Finance
What's next for Tesla's stock as shareholders and Wall Street pros weigh in
Elon Musk's pay deal — worth up to $56 billion -—has now been approved by Tesla shareholders. Yet investors and analysts Yahoo Finance spoke to are feeling mixed about the future of the electric car company.
AFP News
Bank of Japan to scale down huge bond-buying programme
The Bank of Japan on Friday said it would trim its vast hoard of government bonds as it cautiously steps away from its long-running ultra-loose monetary policy.The central bank kept interest rates unchanged after a two-day meeting but announced plans to "reduce its purchase amount of JGBs (Japanese Government Bonds) thereafter to ensure that long-term interest rates would be formed more freely".
Fortune
Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns
"The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns."
Simply Wall St.
Returns On Capital At VICOM (SGX:WJP) Have Hit The Brakes
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Zacks
Airbnb, Inc. (ABNB) Falls More Steeply Than Broader Market: What Investors Need to Know
In the closing of the recent trading day, Airbnb, Inc. (ABNB) stood at $145.97, denoting a -0.09% change from the preceding trading day.

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

New Strong Sell Stocks for May 13th

Latest stories

Share Prices of These 3 Singapore Stocks Shot Up 36% or More Year-to-Date: Can Their Run Continue?

Should You Investigate Genting Singapore Limited (SGX:G13) At S$0.87?

Here's Why Old Chang Kee (Catalist:5ML) Has Caught The Eye Of Investors

Tesla is biggest market bubble in world history: Short seller

Nvidia Is 2024’s Best-Performing Chip Stock. These 4 Are Next.

MAS and CAD probing Seatrium under SFA over Operation Car Wash

Roaring Kitty sends a hidden message to GameStop CEO Ryan Cohen by raising stake to 9 million shares

Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group

I Retired in My 50s: Here’s My Monthly Budget

Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech

Why Microsoft Corporation (NASDAQ:MSFT) Is Up Today

Why Marvell Technology, Inc. (NASDAQ:MRVL) Could Be Worth Watching

Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly

French stocks drag down European markets on vote fears

Stock Futures Are Dropping After S&P 500, Nasdaq Hit Fourth-Straight Record Highs

What's next for Tesla's stock as shareholders and Wall Street pros weigh in

Bank of Japan to scale down huge bond-buying programme

Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns

Returns On Capital At VICOM (SGX:WJP) Have Hit The Brakes

Airbnb, Inc. (ABNB) Falls More Steeply Than Broader Market: What Investors Need to Know