Tesla shares surge, Boeing reports: Yahoo Finance

The Smart Investor
3 Singapore Blue-Chip Stocks That Reported Solid Earnings
Here are three Singapore blue-chip stocks that delivered a robust set of earnings. The post 3 Singapore Blue-Chip Stocks That Reported Solid Earnings appeared first on The Smart Investor.
Fortune
Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?
Independent researchers painted a bleak picture of Apple’s China business during the most recent quarter, but the damage was lighter than expected.
The Telegraph
Apple suffers $91bn hit to sales as Chinese shoppers ditch iPhones
Apple has suffered its biggest drop in iPhone sales for more than three years as Chinese shoppers turn away from the company and embrace domestic rivals such as Huawei.
Yahoo Finance
Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%
Surprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
Benzinga
Warren Buffett Shares A Secret Weapon For Success — 'We've Done Better By Avoiding Dragons Than By Slaying Them'
Warren Buffett’s annual Berkshire Hathaway letters are a breath of fresh air in finance. Packed with investment wisdom, they transcend the trading floor and offer practical advice applicable to anyone seeking success in life. Buffett’s genius lies in his ability to distill complex financial concepts into simple, actionable principles. Whether you’re a seasoned investor or navigating daily decisions, his insights prove valuable. Don't Miss: Are you rich? Here’s what Americans think you need to be
Reuters
Global hedge funds chase Hong Kong stocks rally, UBS says
Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note. Hong Kong's stock markets, which closely mirror China's struggling performance, have recovered since March as Beijing rolled out economic support measures. Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering.
Yahoo Finance
Apple CEO Tim Cook boasts of future AI plans after earnings beat
Apple CEO Tim Cook boasted about the company's upcoming generative AI plans during the iPhone maker's Q2 earnings call.
Zacks
Should Investors Buy the Dip in AMD (AMD) or Super Micro Computer's (SMCI) Stock After Earnings?
Investors may be wondering if it's time to buy the post-earnings dip in AMD (AMD) and Super Micro Computer's (SMCI) stock as both are AI leaders.
BBC
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
Fortune
It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%
“For those grappling with renewed stagflation fears, this payrolls report supports what Powell said earlier this week about not seeing the ‘stag’ or the ‘-flation’ right now,” J.P. Morgan’s Elyse Ausenbaugh noted.
The Edge Singapore
Venture Corp reports net profit of $60.1 mil for 1QFY2024, 18.3% lower y-o-y
Revenue for the quarter fell by 18.9% y-o-y to $666.7 million.
The Smart Investor
5 US Growth Stocks That Are Growing Their Profits and Dividends
We profile five promising US growth stocks that are enjoying increasing profits and dividends. The post 5 US Growth Stocks That Are Growing Their Profits and Dividends appeared first on The Smart Investor.
Barrons.com
Bitcoin Nurses Its Wounds After Its Worst Stretch This Year. What Comes Next.
Bitcoin fell more than 10% in the first three days of this week, the worst three-day stretch since August 2023.
Yahoo Finance Video
Nio's EV deliveries soared by 134% year-over-year in April
Chinese EV maker Nio's (NIO) vehicle deliveries soared by over 134% year-over-year in the month of April. Morning Brief Co-Hosts Akiko Fujita and Brad Smith break down Nio's latest delivery figures as Chinese electric vehicle companies are in a heated price war with competitor Tesla (TSLA) in China's auto market. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Barrons.com
DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
Reuters
US STOCKS-Wall St ends sharply higher, jobs data strengthens case for rate cuts
Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement. All three indexes notched their second straight Friday-to-Friday gains, capping a week in which markets were encouraged by Fed Chair Jerome Powell's more dovish-than-expected statements following Wednesday's rate decision.
The Telegraph
Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise
Traders have pulled forward their expectations for the first interest rate cuts in the US as the economy added fewer jobs than expected.
CNN
At least 25,000 people in the US are starting weight-loss drug Wegovy each week, drugmaker says
Drugmaker Novo Nordisk said it’s been increasing supply of its sought-after weight-loss drug Wegovy, with at least 25,000 people now starting to take the medicine each week in the United States.
Reuters
Credit Suisse China securities JV says staff down 46% in 2023
Credit Suisse's securities brokerage joint venture in China said its staff numbers sank 46% in 2023, a year the Swiss authorities arranged a takeover to keep the firm from collapsing. Credit Suisse Securities (China) Ltd said in an annual report dated Tuesday that employee numbers were 126 at the end of December, down from 234 a year earlier. The Swiss authorities hastily arranged the takeover of Credit Suisse by cross-town rival UBS in the biggest bank merger since the 2008 global financial crisis.
Reuters
GLOBAL MARKETS-Stocks jump, yields drop as Fed cut hopes bloom
A gauge of global stocks rallied while Treasury yields fell on Friday after a U.S. payrolls report was softer than anticipated, easing concerns the Federal Reserve would keep interest rates higher for longer. Nonfarm payrolls rose by 175,000 last month, the lowest since October 2023, and short of the 243,000 estimate of economists polled by Reuters. Recent data on inflation and the labor market had fueled concerns the Fed could would be forced to keep rates higher for longer than the market was anticipating, or even raise rates again.

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Tesla shares surge, Boeing reports: Yahoo Finance

Latest stories

3 Singapore Blue-Chip Stocks That Reported Solid Earnings

Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?

Apple suffers $91bn hit to sales as Chinese shoppers ditch iPhones

Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%

Warren Buffett Shares A Secret Weapon For Success — 'We've Done Better By Avoiding Dragons Than By Slaying Them'

Global hedge funds chase Hong Kong stocks rally, UBS says

Apple CEO Tim Cook boasts of future AI plans after earnings beat

Should Investors Buy the Dip in AMD (AMD) or Super Micro Computer's (SMCI) Stock After Earnings?

Apple sales fall in nearly all countries

It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%

Venture Corp reports net profit of $60.1 mil for 1QFY2024, 18.3% lower y-o-y

5 US Growth Stocks That Are Growing Their Profits and Dividends

Bitcoin Nurses Its Wounds After Its Worst Stretch This Year. What Comes Next.

Nio's EV deliveries soared by 134% year-over-year in April

DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’

US STOCKS-Wall St ends sharply higher, jobs data strengthens case for rate cuts

Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise

At least 25,000 people in the US are starting weight-loss drug Wegovy each week, drugmaker says

Credit Suisse China securities JV says staff down 46% in 2023

GLOBAL MARKETS-Stocks jump, yields drop as Fed cut hopes bloom