New Strong Sell Stocks for May 2nd

NCA NewsWire
Fresh rate cut fears send ASX lower
Booking a four-day losing streak, the sharemarket fell to close out the week after investors were rattled by hotter-than-expected services and manufacturing data.
Yahoo Finance AU
HECS debt to skyrocket by $1,245 next week: Should you pay it off early?
Aussies have just one week left to pay off their HECS debt if they want to avoid indexation. But a financial adviser says there are a few things to consider first.
Yahoo Finance AU
Single Aussie woman sets up retirement with $2.3m property portfolio - here's how you can too
Audrey Lee has done it all on her own and now she has three investment properties and her own home but she has had to make some sacrifices. Find out more here.
Simply Wall St.
Starbucks Corporation's (NASDAQ:SBUX) Intrinsic Value Is Potentially 34% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, Starbucks fair value estimate is US$105 Current share price of...
Simply Wall St.
Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Westinghouse Air Brake Technologies (NYSE:WAB) has had a great run on the share market with its stock up by a...
Simply Wall St.
South32 Limited (ASX:S32) most popular amongst individual investors who own 58% of the shares, institutions hold 36%
Key Insights South32's significant individual investors ownership suggests that the key decisions are influenced by...
Insider Monkey
Is Apple Inc. (NASDAQ:AAPL) Warren Buffett’s Favorite Dow Stock?
Apple Inc. (NASDAQ:AAPL) is indeed Warren Buffett’s favorite Dow stock as his firm, Berkshire Hathaway owns 789,368 million of the company shares worth $135.361 billion as of the first quarter of 2024. However, we recently identified the best Dow stocks according to hedge funds, and Apple Inc. (NASDAQ:AAPL) takes the 5th spot on our list […]
South China Morning Post
Alibaba's US$4.5 billion convertible bond sale 'oversubscribed', as tech giant builds war chest to fund share buy-backs
Alibaba Group Holding is selling up to US$5 billion worth of convertible bonds to fund its share buy-backs, as leaders of the Chinese tech giant declared e-commerce and cloud computing as its core businesses in a move "towards strategic clarity". The Hangzhou-based firm, which owns the South China Morning Post, said it expects to raise close to US$4.5 billion from initial sales, while giving purchasers the option to buy up to an additional US$500 million of notes, according to filings made to th
Insider Monkey
Is Microsoft Corporation (NASDAQ:MSFT) the Best Mega-Cap Dow Stock to Buy Now?
We recently identified the best dow stocks according to hedge funds and Microsoft Corporation (NASDAQ:MSFT) is one of the best stocks to buy, however it’s not the best. To see the best Dow stock to buy now, go to 8 Best Dow Stocks to Buy According to Hedge Funds. On May 17, the Dow Jones […]
Fortune
Nvidia’s 10-for-1 stock split confirms ‘Big Tech is going bite-sized’ to lure retail investors—and it might signal more market-beating returns, BofA says
Bank of America’s research shows that stocks have managed 25% total returns in the 12 months after a stock split historically, compared with 12% for the S&P 500.
Bloomberg
Bets on BOJ Hike Spur Biggest Rush to Yen Bond Market Since 2019
(Bloomberg) -- Overseas issuers sold yen bonds at the fastest pace in five years this month, chasing cheap funds before an expected interest rate hike by the Bank of Japan pushes up borrowing costs.Most Read from BloombergSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationNvidia Stock Surges as Sales Forecast Delivers on AI HopesChina’s $538 Billion Deposit Exodus Supercharges Rally in BondsHarvard Students Walk Out of Commenceme
NCA NewsWire
Bold bid to consider public bank
With hundreds of bank branches closing in recent years, a parliamentary probe into the matter has delivered its final recommendations.
TechCrunch
Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns
DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation; Scale AI, a data-labeling platform for machine learning models, secured $1 billion as its valuation nearly doubled to $13.8 billion; and H, a fledgling French startup working on its own frontier models, raised an eye-watering $220 million seed round at an undisclosed valuation (though it surely takes H comfortably into unicorn territory). While all the usual institutional investors are present, such as Accel, Index, and Y Combinator (YC), these investments really underscore the corporate clamber to get in on the action while keeping regulators at arm's length. Take Scale AI, a company that had so far attracted purely institutional and angel investors from its inception in 2016 through its Series E round in 2021.
Yahoo Finance Video
Nvidia CEO Jensen Huang: We're building AI factories
It's hard to find a company that has gained more from the AI boom than Nvidia (NVDA). In the first quarter, the company posted a 262% rise in revenue. Its Data Center unit specifically saw its revenue soar 427% year over year to $22.6 billion. Why? Nvidia founder and CEO Jensen Huang says its because the company is basically making "AI factories." "These AI factories are essentially what we build. We build it as a holistic unit, as a holistic architecture and platform, but then we disaggregate it so that our partners could take it and put it into data centers of any kind," Huang tells Yahoo Finance in an exclusive interview. When it comes to demand for these products, Huang claims it's "so strong," adding "Hopper demand grew throughout this quarter after we announced Blackwell, and so that kind of tells you how much demand there is out there. People want to deploy these data centers right now." Be sure to check out the full interview with Nvidia CEO Jensen Huang. This post was written by Stephanie Mikulich. For more Yahoo Finance coverage of Nvidia: Nvidia stock pops 4% after earnings beat forecasts, announces stock split and dividend hike Nvidia CEO says Tesla 'far ahead' in self-driving tech as autonomous driving efforts boost chip demand Why this analyst says Nvidia is not a stock to buy Nvidia is 'central to the growing tech story': Strategist Beyond the Ticker: Nvidia
Simply Wall St.
Investors in Shangri-La Hotels (Malaysia) Berhad (KLSE:SHANG) have unfortunately lost 51% over the last five years
While it may not be enough for some shareholders, we think it is good to see the Shangri-La Hotels (Malaysia) Berhad...
Reuters
Inflation data, presidential debate could sink summer rally
The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential to weigh on a rally that has pushed the S&P 500 near record highs in recent months. The S&P 500 is up nearly 12% this year on strong earnings and signs inflation may be falling enough for the Federal Reserve to cut benchmark interest rates, but that rally is unlikely to continue in the months ahead, investors said. Summer has historically been the slowest season for U.S. stocks.
Associated Press Finance
Stock market today: Nasdaq sets another record as Wall Street wins back earlier losses
U.S. stocks rose Friday in a bounce back from Wall Street’s worst day since April. Perhaps more importantly, the report from the University of Michigan also said U.S. consumers’ expectations for inflation in the coming year rose by less in May than earlier feared.
GOBankingRates
Experts Explain How To Avoid Becoming Cash Poor with a 401K in Retirement
In an effort to be prepared for the increasingly higher costs of retirement, it's possible to save too much money in your 401(k) account, thus tying up liquid funds. Learn More: Retirement Savings: I...
Variety
NBCUniversal Sells $10.1 Million Worth of BuzzFeed Stock After Vivek Ramaswamy’s Ownership Disclosure Boosts Share Price; NBCU Sold $28.3 Million in Stock Last Year
Comcast-owned NBCUniversal disposed of more than half of the remaining shares it owns in BuzzFeed, a transaction that netted it $10.15 million. NBCU’s stock sale came a day after entrepreneur and right-wing politician Vivek Ramaswamy disclosed that he had acquired a 7.7% stake in BuzzFeed and intended to “engage in a dialogue” with BuzzFeed’s board …
Yahoo Finance Video
DOJ sues Live Nation: What could happen to ticket prices?
US Department of Justice (DOJ) officials filed an antitrust lawsuit against concert promoter and ticket seller Live Nation (LYV) on Thursday, making the case that Live Nation created a monopoly through its ownership of Ticketmaster that ultimately resulted in inflated ticket prices. Live Nation has refuted these claims in a statement, saying Ticketmaster's service fees are no higher — if not lower — than on competing ticketing websites. Citi Managing Director Jason Bazinet focuses on the DOJ's antitrust crackdown in recent years and whether a breakup outcome would ultimately affect concert and event ticket prices. "This administration is trying to go back to structuralism, that's what's underpinning a lot of the antitrust actions that they're pursuing," Bazinet outlines. "And so that that's difficult, I think, for the judges to understand because they now have 40-plus years of case law that says this is really all about price. And that's why you see Live Nation in their response, focusing on price." 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.

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New Strong Sell Stocks for May 2nd

Latest stories

Fresh rate cut fears send ASX lower

HECS debt to skyrocket by $1,245 next week: Should you pay it off early?

Single Aussie woman sets up retirement with $2.3m property portfolio - here's how you can too

Starbucks Corporation's (NASDAQ:SBUX) Intrinsic Value Is Potentially 34% Above Its Share Price

Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

South32 Limited (ASX:S32) most popular amongst individual investors who own 58% of the shares, institutions hold 36%

Is Apple Inc. (NASDAQ:AAPL) Warren Buffett’s Favorite Dow Stock?

Alibaba's US$4.5 billion convertible bond sale 'oversubscribed', as tech giant builds war chest to fund share buy-backs

Is Microsoft Corporation (NASDAQ:MSFT) the Best Mega-Cap Dow Stock to Buy Now?

Nvidia’s 10-for-1 stock split confirms ‘Big Tech is going bite-sized’ to lure retail investors—and it might signal more market-beating returns, BofA says

Bets on BOJ Hike Spur Biggest Rush to Yen Bond Market Since 2019

Bold bid to consider public bank

Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns

Nvidia CEO Jensen Huang: We're building AI factories

Investors in Shangri-La Hotels (Malaysia) Berhad (KLSE:SHANG) have unfortunately lost 51% over the last five years

Inflation data, presidential debate could sink summer rally

Stock market today: Nasdaq sets another record as Wall Street wins back earlier losses

Experts Explain How To Avoid Becoming Cash Poor with a 401K in Retirement

NBCUniversal Sells $10.1 Million Worth of BuzzFeed Stock After Vivek Ramaswamy’s Ownership Disclosure Boosts Share Price; NBCU Sold $28.3 Million in Stock Last Year

DOJ sues Live Nation: What could happen to ticket prices?