Reddit surges on earnings, Uber reports: Yahoo Finance

Barrons.com
Fed Rate Cuts Are Coming. Get Ready for the Stock Market’s Next Phase.
While the Nasdaq Composite is at a record high, some experts believe that a shift is coming in the market.
The Smart Investor
Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for
With the REIT sector in the doldrums for the past two years, is there light at the end of the tunnel? The post Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for appeared first on The Smart Investor.
Bloomberg
Temasek’s Mapletree posts first loss since 2004 on office slump
Mapletree Investments, a real estate firm owned by Singapore state investor Temasek Holdings, recorded a loss for the first time in two decades, after bearing the brunt of a global commercial property downturn.
AFP News
Stocks slide, dollar gains as rate cut outlook dims
Stock markets fell Wednesday as investors locked in profits after indicators and comments from central bankers further dented hopes for interest rate cuts.Among individual stocks, Anglo American shares fell 5.2 percent in London after the mining giant rejected a request from BHP to extend a Wednesday deadline for takeover talks, with BHP saying later it would not be making another offer.
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Returns Up To 9.6%
As the Singapore market continues to evolve, major financial institutions are increasingly leveraging blockchain technology to enhance security and efficiency in international transactions. This trend underscores a broader movement towards innovation and trust in global financial interactions, characteristics also valued in high-yield dividend stocks. In the current economic landscape, investors may find that companies with robust technological adoption and strong governance practices can...
Associated Press
Google to invest $2 billion in Malaysian data center and cloud hub
Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country. The news follows Microsoft's recent announcement that it would put $2.2 billion over the next four years into building Malaysia’s new cloud and artificial intelligence infrastructure. Prime Minister Anwar Ibrahim hailed Google’s investment as a sign of faith in Malaysia’s governance and economy.
INSIDER
China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were unwilling to use the Chinese yuan.
Barrons.com
Buy Apple Stock, Analyst Says. AI-Powered iPhones Will Be a ‘Once In a Decade’ Event.
Apple stock has been making a comeback lately, and the artificial-intelligence upgrade coming for iPhones will drive shares even higher, said BofA Securities. Shares of Apple had a challenging start to the year as investors digested reports of weak demand in China and awaited for generative artificial-intelligence updates. It seemed that every other tech company was releasing its plans to get ahead in the GenAI race, but Apple has yet to announce any major updates.
Yahoo Finance
Stock market today: Dow leads stock market slide as rising Treasury yields rattle nerves
A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
Barrons.com
Salesforce Stock Tumbles as Sales and Bookings Disappoint
The company’s latest quarterly sales were below Wall Street estimates, as was its forecast for the current quarter.
Variety
Nelson Peltz Reportedly Sold All of His Disney Stock, Earning $1 Billion, After Losing Proxy Fight
Nelson Peltz cashed out his shares of Disney shortly after the activist investor lost his bid to win seats on the Mouse House’s board, according to a CNBC report Wednesday. Peltz sold all of his Disney stock at “close to $120 dollars a share,” making about $1 billion on the sale, CNBC reported, citing an …
Yahoo Finance
Why Nvidia's stock surge doesn’t bode well for the market
Normally, when Nvidia stock goes up, so does the market. That wasn't the case this past earnings season.
Yahoo Finance Video
Dow falls 411 points, energy is biggest loser amid M&A deals
The Dow Jones Industrial Average (^DJI) fell a whopping 411 points in a challenging day for the market indices. The Nasdaq Composite (^IXIC) fell 99 points, below its landmark 17,000, and the S&P 500 (^GSPC) slipped back under 5,300. Market Domination Overtime's Julie Hyman reviews the day's market performance and its relationship with 10-year Treasury yields (^TNX), joined by Senior Markets Reporter Jared Blikre who examines the widespread sector losses seen in Wednesday's session. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
The Edge Singapore
Yoma Strategic swings back into the black with FY2024 net profit of US$21.2 mil, core ebitda up 160.5% y-o-y
Revenue grew by 78.6% y-o-y, reaching a record US$220.8 million in FY2024.
CNN Business
Analysts are feeling good about the stock market because of this economic signal
Earnings season is winding down and a strange confluence of events is occurring – the economy is softening, but corporate profits are accelerating.
Yahoo Finance
Stock market today: Dow extends slide as lackluster earnings, rate fears prey on nerves
Lngering concerns about higher-for-longer interest rates and a Salesforce sell-off put a dampener on investors' spirits.
AFP News
Oil rises, stock markets mixed before key inflation data
Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week. "Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off as the focus shifts to a plethora of economic data that is released this week," said XTB research director Kathleen Brooks.
Reuters
Salesforce plummets as weak forecast sparks concerns of AI competition
(Reuters) -Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high interest rates and rival AI offerings were hampering demand at the cloud-based software firm. The company could lose more than $48 billion in market value if losses hold, as it also reported quarterly revenue that was below expectations for the first time since 2006. "Weak bookings in Q1 further test investor patience as the GenAI (generative AI) innovation cycle has yet to inflect top-line results and now increasingly becomes a point of competitive concern," Morgan Stanley analysts said.
GOBankingRates
I’m a Retirement Expert: 5 Things I Plan To Do in the 5 Years Leading Up to Retirement
Having a solid plan can keep you on track for your retirement goals, but just because you have one now doesn't mean you never need to update it. In fact, if you want to ensure you can retire on your...
Benzinga
FED Warns Against Rising Delinquency Rates, Calls It A "Leading Indicator That Things Are About To Get Worse"
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most worrisome economic indicators currently being monitored. His concerns now appear prescient as new data reveal a significant uptick in delinquency rates in the first quarter of 2024. "If the delinquency rate of consumer loans starts rising, that is often a leading indicator that things are about to get worse," Goolsbee stated. Recent figures from the Federal Reserve published

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Reddit surges on earnings, Uber reports: Yahoo Finance

Latest stories

Fed Rate Cuts Are Coming. Get Ready for the Stock Market’s Next Phase.

Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for

Temasek’s Mapletree posts first loss since 2004 on office slump

Stocks slide, dollar gains as rate cut outlook dims

3 High Yield Dividend Stocks On SGX With Returns Up To 9.6%

Google to invest $2 billion in Malaysian data center and cloud hub

China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.

Buy Apple Stock, Analyst Says. AI-Powered iPhones Will Be a ‘Once In a Decade’ Event.

Stock market today: Dow leads stock market slide as rising Treasury yields rattle nerves

Salesforce Stock Tumbles as Sales and Bookings Disappoint

Nelson Peltz Reportedly Sold All of His Disney Stock, Earning $1 Billion, After Losing Proxy Fight

Why Nvidia's stock surge doesn’t bode well for the market

Dow falls 411 points, energy is biggest loser amid M&A deals

Yoma Strategic swings back into the black with FY2024 net profit of US$21.2 mil, core ebitda up 160.5% y-o-y

Analysts are feeling good about the stock market because of this economic signal

Stock market today: Dow extends slide as lackluster earnings, rate fears prey on nerves

Oil rises, stock markets mixed before key inflation data

Salesforce plummets as weak forecast sparks concerns of AI competition

I’m a Retirement Expert: 5 Things I Plan To Do in the 5 Years Leading Up to Retirement

FED Warns Against Rising Delinquency Rates, Calls It A "Leading Indicator That Things Are About To Get Worse"