GE Aerospace stock flies high on Q1 beat, 2024 outlook

INSIDER
It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
Simply Wall St.
3 SGX Dividend Stocks Offering Yields From 5.8% To 7.5%
As the digital transformation accelerates, with a significant shift towards online banking as evidenced by widespread branch closures in the UK, investors might look for stability and consistent returns in their portfolios. In this context, high-yield dividend stocks listed on the SGX present an appealing option for those seeking to generate regular income from their investments amidst changing economic landscapes.
Fortune
AI chip giant Nvidia is about to report first-quarter earnings: Here’s what Wall Street expects as growth looks set to cool
Analysts see Nvidia's earnings per share soaring 474% to $5.22, with revenue up 241% to $24.5 billion.
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 […]
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.
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.
Barrons.com
Tesla Stock Hit by China Woes, Particularly Earnings From Li Auto
The fall in Tesla shares on Monday came after Chinese electric-vehicle maker Li Auto posted weaker-than-expected earnings.
Reuters
Oil falls more than $1 as Fed rate outlook stokes demand fears
(Reuters) -Oil prices dropped by more than $1 on Tuesday, extending losses on the potential for lingering U.S. inflation to keep interest rates higher for longer, depressing consumer and industrial demand. Brent crude futures fell by $1.54, or 1.8%, to $82.17 a barrel by 1210 GMT. The more active July contract lost $1.55, or 1.9%, to $77.75.
GOBankingRates
TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor
Everyone should be investing a good portion of their income. It's one of the key ways to build wealth (if you need an example, just look at multibillionaire Warren Buffett, who built much of his net...
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
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.
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.
Yahoo Finance
Stock market today: Nasdaq slips after record as investors await Nvidia earnings
Investors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
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.
GOBankingRates
10 Ways the Middle Class Can Save for Retirement and Pay for Rising Costs
Retirement comes with many expenses, including healthcare, long-term care, housing, food, transportation and entertainment -- to name a few. As someone in the middle class, if your goal is to maintain...
GOBankingRates
Money Expert Paula Pant: 3 Foolproof Ways To Grow Your Net Worth
Paula Pant was able to escape the 9-to-5 grind by taking on side hustles to boost her savings and investing her funds wisely. Now, she teaches others how to grow their net worth so that they, too, can...
Associated Press
Stock market today: Wall Street hangs near its records in another quiet day of trading
Indexes have climbed to records largely on expectations for the Federal Reserve to cut interest rates later this year as inflation hopefully cools. It said it’s maintaining its forecast for revenue this year, including a dip of up to 3% for an important underlying sales figure as high interest rates keep a lid on customer activity. Trump Media & Technology Group, the company behind Donald Trump’s Truth Social network, fell 2.8% after disclosing a net loss of $327.6 million in its first quarterly report as a publicly traded company.
GOBankingRates
25 Bad Habits You Must Avoid If You’re Trying To Save Money
A lot can influence how much you save, including your income level, debt load, cost of living and financial habits. If you're trying to up your savings, one way to start is by taking a look at your...

Straits Times Index

S&P 500

Dow

Nasdaq

Bitcoin USD

CMC Crypto 200

FTSE 100

Gold

Crude Oil

10-Yr Bond

Nikkei

Hang Seng

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

GE Aerospace stock flies high on Q1 beat, 2024 outlook

Latest stories

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

3 SGX Dividend Stocks Offering Yields From 5.8% To 7.5%

AI chip giant Nvidia is about to report first-quarter earnings: Here’s what Wall Street expects as growth looks set to cool

Michael Burry Is Selling These Stocks in 2024

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

Nasdaq and gold hit record highs

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

Tesla Stock Hit by China Woes, Particularly Earnings From Li Auto

Oil falls more than $1 as Fed rate outlook stokes demand fears

TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor

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

New Strong Sell Stocks for May 20th

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

Stock market today: Nasdaq slips after record as investors await Nvidia earnings

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

10 Ways the Middle Class Can Save for Retirement and Pay for Rising Costs

Money Expert Paula Pant: 3 Foolproof Ways To Grow Your Net Worth

Stock market today: Wall Street hangs near its records in another quiet day of trading

25 Bad Habits You Must Avoid If You’re Trying To Save Money