While Apple (AAPL) may have delivered a somewhat muted second-quarter performance, the tech giant still has several potential catalysts in its arsenal that could reignite its growth trajectory and propel the company to new heights.
Yahoo Finance's Ines Ferre breaks down the details.
For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
This post was written by Angel Smith
Copper (HG=F) prices have risen this year amid a supply squeeze. Wells Fargo Head of Real Asset Strategy John LaForge joins The Morning Brief to discuss what is driving copper prices higher and the commodity's outlook. "We, frankly, are not producing enough copper, and yet, there are buyers everywhere right now for copper," LaForge says. However, he explains that the recent rise "was much more speculator-based and wasn't about fundamentals." He adds that commodities have been among the "best-performing major assets out there" since the coronavirus pandemic despite often being overlooked. "Decade after decade, mankind uses more and more commodities, so you have demand going up all the time," he explains. Major factors that impact commodities usually boil down to underlying fundamentals rather than geopolitical roadblocks, LaForge notes. "We were running dry on refined product. And you had some speculators come in and take advantage of that on a futures basis," LaForge says. He adds that despite this bump in the road, demand will continue to surpass supply, driving prices higher. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
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.
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...
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.
Thng, 50, joined SIA in 1999. He was formerly the CEO of SilkAir and later, Vistara.
The company made the announcement in its fourth quarter report
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.
NEW YORK/LONDON (Reuters) -The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve interest rate cuts amid signs of cooling yet persistent inflation and a softening U.S. economy. The euro rose 0.06% against the dollar to $1.0872.
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.
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...
The Dow Jones Industrial Average finished a day above the 40,000 level for the first time on Friday as U.S. stock indexes drifted around their records while closing out their latest winning week. The Dow rose 134.21 points, or 0.3%, to 40,003.59, a day after briefly topping the 40,000 level for the first time. It and other indexes on Wall Street have been climbing since the autumn of 2022 as the U.S. economy and corporate profits have managed to hold up despite high inflation, the punishing effects of high interest rates and worries about a recession that seemed inevitable but hasn’t arrived.
A major Boeing supplier is to make up to 450 workers redundant after its biggest customer was forced to cut aeroplane production.
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 1.5% to $2,412.83 per ounce by 1745 GMT, closing in towards an all-time high of $2,431.29 hit on April 12. The market was lifted after China, a major consumer of industrial metals as well as gold, announced "historic" steps to stabilise the crisis-hit property sector.
The networking gear provider said that customers were now working through a glut of routers and switches.
(Reuters) -Shares of Reddit rose 13% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to boost advertising income for the social media platform. 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.
Mark Cuban is well-known for his outspoken views and advice on topics that range from politics to investing. The self-made billionaire doesn't hold back when sharing his two cents on how folks can...
Stock markets wavered Thursday following record-breaking rallies that were fuelled by cooling US inflation.Asian equities rallied Thursday after US data showed inflation cooled last month, fuelling speculation that the Federal Reserve will cut interest rates twice this year and sending Wall Street to record heights on Wednesday.
Signs inflation continues to cool is pushing stocks to record highs, with the Dow crossing 40,000 for the first time ever on Thursday.
Local authorities will be allowed to turn unsold homes from developers into affordable housing
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
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