Amazon earnings: All eyes on cloud growth for AWS?

CNN Business
Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
Simply Wall St.
3 SGX Dividend Stocks Offering Up To 7.4% Yield
In recent developments, the Singapore market has shown a keen interest in innovative sectors, highlighted by Mastercard's inclusion of Singapore-based peaq in its Start Path program focusing on blockchain and cryptocurrency. This move underscores a broader acceptance and integration of emerging technologies within the local economic landscape. In this context, identifying dividend stocks that not only offer attractive yields but also demonstrate resilience and adaptability to new market...
The Smart Investor
4 Singapore Industrial REITs with Dividend Yields of 6.6% or More
We feature four attractive industrial REITs sporting distribution yields of 6.6% or higher. The post 4 Singapore Industrial REITs with Dividend Yields of 6.6% or More appeared first on The Smart Investor.
The Edge Singapore
SIA promotes Scoot CEO to executive vice president
Thng, 50, joined SIA in 1999. He was formerly the CEO of SilkAir and later, Vistara.
The Independent
Under Armour is laying off workers as bloodbath of job cuts across US grows
The company made the announcement in its fourth quarter report
Investing.com
Alibaba rallies to 7-mth high as ‘Big Short’ investor Burry increases stake
Investing.com-- Alibaba Group's (HK:9988) (NYSE:BABA) Hong Kong shares rallied to a seven-month high on Friday after Michael Burry’s investment firm hiked its stake in the e-commerce giant and several of its Chinese peers.
Reuters
Grab raises annual profit view after strong first-quarter revenue growth
(Reuters) -Grab Holdings raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for its ride-share services. A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year. In an interview with Reuters, CFO Peter Oey said a surge in Southeast Asian tourism, along with an increase in corporate events and concerts in the last quarter, bolstered the demand for ride-share services.
Yahoo Finance
Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
Reuters
Dollar mostly flat as market mulls inflation outlook
The dollar traded little changed against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve rate cuts amid signs of cooling yet persistent inflation and a softening U.S. economy. While consumer prices rose less than expected in April, leading to a risk-on flavor in equity markets, various Fed officials have sounded a word of caution about when rates may fall, limiting the dollar's decline this week. Futures markets are pricing in almost 46 basis points, or about two 25 bps of Fed rate cuts by December, but the likelihood of a cut as early as September has slipped.
SmartAsset
How Long Will $300,000 Last Me in Retirement?
How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.
Reuters
China unveils 'historic' steps to stabilise crisis-hit property sector
BEIJING/HONG KONG (Reuters) -China announced "historic" steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, and local governments set to buy "some" apartments. Investors hoped the measures marked the beginning of more decisive government intervention to compensate for waning demand for new and old apartments, to slow down falling prices and to reduce a growing stock of unsold homes. Since the property market began its steep downturn in 2021, a string of developers have defaulted, leaving scores of idle construction sites behind, and sapping confidence in what had for decades been the preferred savings instrument for the Chinese population.
GOBankingRates
Here’s Why You Should Consider Investing in Intel Today
In 2022, Congress passed the CHIPS Act to promote semiconductor development within the United States, rather than from foreign providers. Specifically, the act appropriated $39 billion to help wean...
Yahoo Finance Video
Tesla has a 'massive cash problem': Investor
Financial Analyst and YouTuber Kevin Paffrath joins Market Domination to discuss Tesla’s (TSLA) stock valuation and what to expect from the company by the end of the year. “My rule of thumb this year is patience for 2024,” Paffrath says, pointing to factors like the election and CEO Elon Musk’s posts on X that make Tesla a “tough” stock. “I’d like to get past not only the election — because then I think we’re going to see politics cool a little bit from the Elon point of view — but we’ll also have gotten past the shareholder vote. We’ll have gotten past the robotaxi event. We'll see how much adoption we actually get for full self-driving, ” he explains. Paffrath also says he’ll be closely watching how much cash Tesla will have by the end of the year: “I think there’s definitely a massive cash problem and that’s why I’m just saying patience this year.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
The Smart Investor
5 Dependable US Growth Stocks That Pay Increasing Dividends
Here are five reliable US growth stocks that also pay out higher dividends. The post 5 Dependable US Growth Stocks That Pay Increasing Dividends appeared first on The Smart Investor.
Reuters
China stimulus, US rate cut bets lift gold, silver soars above $30 mark
(Reuters) -Gold prices, aided by China's stimulus measures, looked poised to clock their second consecutive weekly gain on Friday on renewed hopes for U.S. interest rate cuts, with silver breaking the $30 barrier to hit an 11-year high. Spot gold rose 1.3% to $2,407.65 per ounce by 1443 GMT, its highest since April 19. The market was lifted after China announced "historic" steps to stabilise the crisis-hit property sector, a major consumer of industrial metals as well as gold.
AFP News
Japan economy suffers worse-than-expected contraction of 0.5%
Japan's economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government.In the previous quarter, from July to September, GDP suffered a major contraction of 0.9 percent, also revised on Thursday from an earlier reading of minus 0.8 percent.
Associated Press
Stock market today: Wall Street hangs near its records as it closes another winning week
U.S. stocks are drifting near their records Friday as Wall Street heads for the finish of another winning week. Wall Street’s frenzy around artificial-intelligence technology has continued to build despite some warnings of a potential bubble. On the losing end was GameStop, which gave back more of its massive gains won at the start of the week.
The Telegraph
Boeing supplier cuts 450 jobs after losses fuelled by 737 blowout
A major Boeing supplier is to make up to 450 workers redundant after its biggest customer was forced to cut aeroplane production.
Zacks
Investors Heavily Search Advanced Micro Devices, Inc. (AMD): Here is What You Need to Know
Advanced Micro (AMD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Reuters
Reddit stock jumps after OpenAI partnership
The jump pushed the stock up at $64.80, within striking distance of the record closing price of $65.11 hit in late-March, and added $1.38 billion to the company's market value. The partnership, announced on Thursday, allows Reddit to leverage OpenAI's technology to build tools and features, and OpenAI's ChatGPT platform to integrate Reddit's content in a "real-time, structured" manner. OpenAI will also become an advertising partner for Reddit.

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

Amazon earnings: All eyes on cloud growth for AWS?

Latest stories

Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in

3 SGX Dividend Stocks Offering Up To 7.4% Yield

4 Singapore Industrial REITs with Dividend Yields of 6.6% or More

SIA promotes Scoot CEO to executive vice president

Under Armour is laying off workers as bloodbath of job cuts across US grows

Alibaba rallies to 7-mth high as ‘Big Short’ investor Burry increases stake

Grab raises annual profit view after strong first-quarter revenue growth

Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI

Dollar mostly flat as market mulls inflation outlook

How Long Will $300,000 Last Me in Retirement?

China unveils 'historic' steps to stabilise crisis-hit property sector

Here’s Why You Should Consider Investing in Intel Today

Tesla has a 'massive cash problem': Investor

5 Dependable US Growth Stocks That Pay Increasing Dividends

China stimulus, US rate cut bets lift gold, silver soars above $30 mark

Japan economy suffers worse-than-expected contraction of 0.5%

Stock market today: Wall Street hangs near its records as it closes another winning week

Boeing supplier cuts 450 jobs after losses fuelled by 737 blowout

Investors Heavily Search Advanced Micro Devices, Inc. (AMD): Here is What You Need to Know

Reddit stock jumps after OpenAI partnership