Wells Fargo Reports First Quarter 2024 Financial Results

The Telegraph
China’s $170bn gold rush triggers Taiwan invasion fears
China has built up a $170bn (£135bn) stockpile of gold after a record buying spree, in a move that has raised fears Beijing is preparing its economy for a possible conflict over Taiwan.
a day ago
Barrons.com
Bitcoin Plunges. Here’s Why and How Far Prices Could Fall.
Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
2 hours ago
The Smart Investor
4 Singapore Stocks to Watch for in May
Here are four Singapore stocks you can keep a lookout for in May. The post 4 Singapore Stocks to Watch for in May appeared first on The Smart Investor.
a day ago
Yahoo Finance
Stock market today: Nasdaq sinks 2% as stocks plummet to end worst month of 2024
Investors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump.
18 hours ago
AFP News
Chinese tech giant Huawei profit surges 564%, biting into Apple sales
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.Net profit in the January-March period amounted to $2.7 billion, up 564 percent from the first quarter of last year, according to a results filing by Huawei's holding company on an official website and confirmed by a representative of the firm.
a day ago
Barrons.com
Nvidia Stock Drops. Why Jensen Huang Is Looking Beyond Big Tech for Chip Demand.
The company's CEO says areas such as drug development and robotics can be markets for the company’s processors.
2 days ago
The Smart Investor
Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings
The logistics REIT also warns of further headwinds that will exert pressure on its distributions. The post Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings appeared first on The Smart Investor.
13 hours ago
AFP News
Dollar steady and London shares higher before Fed update on rates
The dollar steadied and London shares were slightly higher in holiday-thinned trading Wednesday as investors awaited clarity on the outlook for US interest rates.The dollar, which has gained in recent days against other currencies on interest rate differentials, was largely flat Wednesday as many investors were either away for the May Day holidays or on hold ahead of the Fed's announcements.
3 hours ago
Reuters
Crypto washout sends bitcoin below $58,000 ahead of Fed decision
Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000. The price of bitcoin is now a full 22% below March's record of $73,803, technically putting it in a bear market.
7 hours ago
INSIDER
Sorry, America, it's looking like higher interest rates are going to stick around longer
Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts in June are being pushed back.
a day ago
GOBankingRates
Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5
In our pursuit of financial success, we often find ourselves locked into the 9-to-5 grind, convinced that there's no other realistic path to wealth. But what if there were alternative strategies and...
15 hours ago
Yahoo Finance
AMD beats on Q1 revenue and EPS, stock edges lower on light guidance
Chip giant AMD reported its first quarter earnings on Tuesday beating analysts' expectations on the top and bottom lines, but lighter-than-anticipated guidance for the next quarter sent the stock lower.
6 hours ago
Benzinga
Adam Neumann Says 'He Learns From His Mistakes' As He Shows Off New Startup After WeWork's $47 Billion Collapse
Former WeWork Inc. CEO Adam Neumann is back with the launch of his new startup Flow. The vertically integrated real estate company focuses on redefining luxury living, targeting upscale renters with a mix of wellness, fitness and coworking amenities. Its facilities boast resort-style cabanas, a tanning bay, a skyline clubhouse with an entertainment center, a yoga lawn, a multilevel coworking lounge and an outdoor theater. Don't Miss: A groundbreaking energy company plugs into the $400 billion EV
18 hours ago
GOBankingRates
15 Most Important Assets That Increase Your Net Worth
Your net worth is more than just the balance in your bank account. It's a measure of your financial health. For You: Mark Cuban Reveals Why He Keeps a Strict Budget EverydayTry This: 6 Unusual Ways To...
2 days ago
Benzinga
'I'm 53 Years Old, Have Absolutely Nothing For Retirement, I'm $50,000 In Debt, And I Want A Divorce' — Dave Ramsey's Advice To Truck Driver
A 53-year-old trucker named Donny called into "The Ramsey Show" asking Dave Ramsey and co-host Dr. John Delony for advice on finding a way out of his distressing circumstances. Donny's initial admission set the tone. “I'm 53 years old, have absolutely nothing for retirement, I'm $50,000 in debt, and I want a divorce,” he said. Don't Miss: The shocking amount the average American would save by now if they started an account in 2010 with today’s high yield savings rates will make you run to open y
2 days ago
The Smart Investor
Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings
The supermarket operator continues to expand its store count in Singapore even as it grows its top and bottom lines. The post Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings appeared first on The Smart Investor.
2 days ago
CoinDesk
Is Bitcoin's Bull Market Over?
According to veteran analyst Peter Brandt's exponential decay chart, bitcoin’s (BTC) recent price high of near $74,000 has already topped according to historical data. Has bitcoin's bull cycle already ended? CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
2 days ago
GOBankingRates
5 Passive Income Streams You Need To Add in 2024, According to Experts
Passive income is money not derived from active involvement such as a salary -- and, if you want to get steady income streams, these are the way to go. While these may require some initial...
2 days ago
Reuters
US STOCKS-Futures dip as chip stocks drag, Fed rate decision awaited
U.S. stock index futures fell on Wednesday as chip stocks led losses after downbeat results and markets exercised caution ahead of more economic data and the Federal Reserve's interest rate decision later in the day. Advanced Micro Devices shed 6.7% in premarket trading after its forecast for AI chip sales failed to impress investors, while Super Micro Computer lost 11.5% as the artificial intelligence server maker reported third-quarter revenue below estimates. While most megacap growth stocks fell, Amazon.com bucked the trend to rise 2.2% on reporting quarterly results above market expectations as interest in artificial intelligence helped drive cloud-computing growth.
3 hours ago
Reuters Videos
Aston Martin losses rise ahead of new models
STORY: Aston Martin posted a bigger-than-expected first-quarter loss on Wednesday (May 1).The British luxury carmaker made fewer cars and burned more cash than analysts anticipated.It reported a pretax deficit of $138 million for the three months to the end of March.That was about double last year's total and worse than analysts projected.Aston Martin has launched several new cars over the past year.And it stopped production of old models ahead of the ramp up in production of more new autos later this year.Chairman Lawrence Stroll said the Q1 performance reflected an expected period of transition.In an example of further change, the company named Bentley head Adrian Hallmark as its new CEO in March.Investors weren't impressed by Wednesday's figures though.Shares in the firm plummeted as much as 14%, though they later recovered to trade down 7%.The second quarter's performance is expected to be broadly similar to the first.However, Aston Martin kept its forecast for this year unchanged.
3 hours ago

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

Wells Fargo Reports First Quarter 2024 Financial Results

Latest stories

China’s $170bn gold rush triggers Taiwan invasion fears

Bitcoin Plunges. Here’s Why and How Far Prices Could Fall.

4 Singapore Stocks to Watch for in May

Stock market today: Nasdaq sinks 2% as stocks plummet to end worst month of 2024

Chinese tech giant Huawei profit surges 564%, biting into Apple sales

Nvidia Stock Drops. Why Jensen Huang Is Looking Beyond Big Tech for Chip Demand.

Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings

Dollar steady and London shares higher before Fed update on rates

Crypto washout sends bitcoin below $58,000 ahead of Fed decision

Sorry, America, it's looking like higher interest rates are going to stick around longer

Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5

AMD beats on Q1 revenue and EPS, stock edges lower on light guidance

Adam Neumann Says 'He Learns From His Mistakes' As He Shows Off New Startup After WeWork's $47 Billion Collapse

15 Most Important Assets That Increase Your Net Worth

'I'm 53 Years Old, Have Absolutely Nothing For Retirement, I'm $50,000 In Debt, And I Want A Divorce' — Dave Ramsey's Advice To Truck Driver

Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings

Is Bitcoin's Bull Market Over?

5 Passive Income Streams You Need To Add in 2024, According to Experts

US STOCKS-Futures dip as chip stocks drag, Fed rate decision awaited

Aston Martin losses rise ahead of new models