Ultimovacs ASA – Annual General Meeting held on April 18, 2024

Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
The Smart Investor
Singapore Airlines Reported Record Profits for FY2024: Can its Share Price Soar?
Singapore’s flagship carrier delivered an impressive performance, but can its share price reclaim the high achieved earlier this year? The post Singapore Airlines Reported Record Profits for FY2024: Can its Share Price Soar? appeared first on The Smart Investor.
Insider Monkey
Michael Burry Is Selling These Stocks in 2024
Over the past few years, Michael Burry has gained more media attention with his recession warnings and market crash “predictions” than he did for accurately foreseeing the 2008 financial crisis. But his persistent warnings about recession and market crashes never realized, denting his reputation as an expert and hedge fund manager. Were Michael Burry’s Recession […]
AFP News
Nasdaq and gold hit record highs
The Nasdaq hit a fresh record Monday as leading bourses mostly rose, while gold also scored a new all-time high as the shock death of Iranian President Ebrahim Raisi helped bolster the haven investment."Gold and copper have hit record highs, (and) silver jumped to an 11-year high... after the death of Iran's president in a helicopter crash," noted Neil Wilson, chief market analyst at Finalto trading group.
Reuters
'Perfect storm' steers gold to another record high; silver jumps
Gold prices rose to an all-time high on Monday as a cocktail of factors from U.S. rate cut expectations, China's stimulus measures to geopolitical tensions lifted demand, with the momentum also carrying silver to a more than 11-year peak. Spot gold rose 0.9% to $2,435.96 per ounce as of 2:26 p.m. ET (1826 GMT) after hitting a record high of $2,449.89 earlier in the session. Data last week showed that U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend, boosting expectations for a September interest rate cut.
The Edge Singapore
Mapletree Logistics Trust logged highest retail net inflows among S-REITs in 1Q2024
MPACT and Keppel DC REIT, at second and third place, were neck and neck at $54.6 million and $54.3 million respectively.
Barrons.com
Bitcoin Falls. What’s Holding Back a Crypto Rally.
Bitcoin and other cryptocurrencies were falling Monday, with the crypto sector’s momentum still highly dependent on flows into exchange-traded funds. The largest cryptocurrency hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then.
Bloomberg
Malaysia’s GDP growth surprises as recovery accelerates
Malaysia’s economy grew faster than initially estimated in the first quarter, driven by private spending and a rebound in exports.
Benzinga
Jim Cramer Destroys New Starbucks CEO In Heated Interview, Says He Was "Stunned" As Its Former CEO Admits a "Fall From Grace"
Despite a strong start to the year for stock markets, investors in Starbucks (NASDAQ:SBUX) have been left bitterly disappointed with its shares down by approximately 20% at the time of this writing. After the earnings miss, Laxman Narasimhan, the new CEO of Starbucks, appeared on Jim Cramer's Mad Money to try and explain both the results and the company's path forward. Don't Miss: Startup behind ‘the #1 free contractor app' grows 162% YoY, opens its doors for investors at a $100 minimum. Invest
Reuters
Morning Bid: China clouds darken market mood
Broadly speaking, the global backdrop for Asian markets is still bright, with investors confident that the Fed will soon cut U.S. interest rates keeping the dollar, bond yields and volatility in check, and boosting risk assets. But there's a cloud that shows no sign of lifting: China. The economic "data dump" from Beijing on Friday showed that China's recovery is sputtering - investment growth slowed, retail sales expanded at the slowest pace since late 2022, and new home prices fell at the fastest rate in nine years.
Zacks
New Strong Sell Stocks for May 20th
BABA, ASGN and BGS have been added to the Zacks Rank #5 (Strong Sell) List on May 20, 2024.
Yahoo Finance
Markets brace for Nvidia earnings: What to know this week
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
INSIDER
Trump Media lost $327 million last quarter. It's still valued at more than $6 billion.
Truth Social earned $770,500 from advertising, according to the earnings report, which is down from $1.1 million the same time last year.
Reuters
Nasdaq hits record, S&P ticks higher with Nvidia results eyed
The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia's highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped by chipmakers such as Nvidia, which advanced 2.49% ahead of its quarterly results on Wednesday. Investors will look for evidence in Nvidia's earnings that the AI chip leader can maintain its explosive growth and stay ahead of rivals.
Reuters
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
Zacks
If You Invested $1000 in ServiceNow a Decade Ago, This is How Much It'd Be Worth Now
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
Yahoo Finance
Wall Street's biggest bear flips, raises S&P 500 price target by 20%
Morgan Stanley chief investment officer Mike Wilson believes an improving growth outlook and an earnings rebound will drive the S&P 500 higher over the next year.
Reuters
Nasdaq, gold scale all-time highs amid cautious Fed comments
NEW YORK (Reuters) -The Nasdaq closed at a record high on Monday and gold jumped to an all-time high as investors weighed hawkish statements from the Federal Reserve against evidence of cooling U.S. inflation. The tech-heavy Nasdaq led the three major U.S. stock indexes with a boost from chips, as Nvidia Corp advanced ahead of its closely watched earnings report, expected on Wednesday. The S&P 500 finished the session with a modest gain, while the blue-chip Dow dipped below 40,000 after closing on Friday above that level for the first time.
The Telegraph
British stocks represent golden buying opportunity, says HSBC
British stocks represent a golden buying opportunity, HSBC has said.
Reuters
China's fiscal revenue shrank 2.7% in Jan-April amid shaky economic recovery
China's fiscal revenue slipped 2.7% in the first four months of 2024 from a year earlier, after a 2.3% slide in the January-March period, in a further sign of an uneven economic recovery. Fiscal expenditure rose 3.5% in the first four months, versus a 2.9% gain in the first quarter, according to finance ministry data released on Monday. For April alone, fiscal revenue fell 3.7% against a 2.4% decline in March, while fiscal spending was up 6.1%, compared with March's 2.9% fall, according to Reuters' calculations based on the ministry data.

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Ultimovacs ASA – Annual General Meeting held on April 18, 2024

Latest stories

Under Armour is collapsing — And Kevin Plank has to take the blame

Singapore Airlines Reported Record Profits for FY2024: Can its Share Price Soar?

Michael Burry Is Selling These Stocks in 2024

Nasdaq and gold hit record highs

'Perfect storm' steers gold to another record high; silver jumps

Mapletree Logistics Trust logged highest retail net inflows among S-REITs in 1Q2024

Bitcoin Falls. What’s Holding Back a Crypto Rally.

Malaysia’s GDP growth surprises as recovery accelerates

Jim Cramer Destroys New Starbucks CEO In Heated Interview, Says He Was "Stunned" As Its Former CEO Admits a "Fall From Grace"

Morning Bid: China clouds darken market mood

New Strong Sell Stocks for May 20th

Markets brace for Nvidia earnings: What to know this week

Trump Media lost $327 million last quarter. It's still valued at more than $6 billion.

Nasdaq hits record, S&P ticks higher with Nvidia results eyed

Nvidia earnings could spark $200 billion swing in shares, options show

If You Invested $1000 in ServiceNow a Decade Ago, This is How Much It'd Be Worth Now

Wall Street's biggest bear flips, raises S&P 500 price target by 20%

Nasdaq, gold scale all-time highs amid cautious Fed comments

British stocks represent golden buying opportunity, says HSBC

China's fiscal revenue shrank 2.7% in Jan-April amid shaky economic recovery