Dow Jones Futures: Nasdaq, S&P 500 Run To Highs, Nvidia Tops Apple; 11 Stocks Flash Buy Signals
The S&P 500 and Nasdaq hit highs and many stocks flashed buy signals on just-right economic data. Nvidia topped a $3 trillion valuation, passing Apple.
The S&P 500 and Nasdaq hit highs and many stocks flashed buy signals on just-right economic data. Nvidia topped a $3 trillion valuation, passing Apple.
Australia is "straying from the narrow path", so could that spell a recession?
Finance expert Ben Nash details how to avoid tax and build your retirement nest egg with these super tricks.
(Bloomberg) -- In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity. Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorVW Latches Onto Rivian in $5 Billion EV Pact to Regain MomentumTrump Could Actually Lose Florida. Here’s Why.Nvidia Rout Takes Breather as Traders Scour Charts for SupportJulian Assange Leaves Court ‘Free Man,’
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to mainland China have helped offset some of the currency's looming depreciation pressures. China's trailing 12-month net capital outflows stood at US$139 billion as of May 2024, the worst year for the figure since the period from 2016 to 2017, said the French investment bank Natixis in a presentation on Tuesday. Firms are reluctan
We recently compiled a list of the 50 Biggest Economies in the World by the End of 2024 and in this article we will look at the country that topped our rankings. A Brief Analysis of the World Economic Outlook According to the United Nations, the global economic outlook has improved since January. The global […]
Most retirees live on a fixed income, so you're always looking for ways to reduce expenses and save money. This isn't always easy, especially if you're already living with the least amount possible,...
Guyana's lucrative agreement with an Exxon Mobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp. The trio's combined net margin was 56%, greater than the 49% Nvidia earned in its most recent fiscal year. The Stabroek offshore oil venture's 2023 revenue soared 23% over the prior year, to $11.25 billion, as the addition of a third production vessel expanded output.
(Bloomberg) -- The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” campaign.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorBolivia’s President Arce Swears in New Army Chief After Coup BidSpaceX Tender Offer Said to Value Company at Record $210
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
Aussies are using less and less cash with the drop recorded across ages, incomes and locations.
“If this grim forecast comes to fruition, it will likely buoy pricing” for insurance, says CFRA Research’s Catherine Seifert.
(Bloomberg) -- Nvidia Corp. shares showed signs of steadying after a $430 billion selloff sent traders searching for signals as to where the bottom may be.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.Rivian Gets $5 Billion Lifeline in Joint Venture With VolkswagenJulian Assange Leaves Court ‘Free Man,’ Ending 14-Year DramaThe stock rose
Aerospace and defense company AeroVironment (NASDAQGS:AVAV) reported Q1 CY2024 results topping analysts' expectations, with revenue up 5.9% year on year to $197 million. On the other hand, the company's full-year revenue guidance of $805 million at the midpoint came in slightly below analysts' estimates. It made a non-GAAP profit of $0.43 per share, down from its profit of $0.99 per share in the same quarter last year.
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
At the beginning of the year, Federal Reserve officials projected they would cut interest rates three times this year. By June, they had lowered that projection to just one cut.
The company also plans to complete a review of FedEx Freight by the end of the calendar year.
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Yahoo Finance's Josh Schafer joins Asking for a Trend to break down his biggest takeaways from the trading day. Amazon has reached a $2 trillion market capitalization for the first time, making it the fifth tech company in the US to do so. Schafer is also focused on weekly jobless claims. The data is set to be released Thursday at 8:30 a.m. ET, and he notes that the last month of data has been higher. He explains that another hotter-than-expected print could be cause for concern: "As people get laid off, they're going to go and file for unemployment benefits at some point, most likely. So you start to get a little bit more sense of what's actually happening. This is one of the key indicators when people talk about recession risk, if jobless claims tick up. That's where the big concern hits." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
The stock market has been losing confidence in the crypto exchange, as investors have sold $1.3 billion in spot Bitcoin ETF shares over the past two weeks.