Yahoo Finance Buy MicroStrategy, Another Analyst Says. Why Is Wall Street in Love With the Stock.
The analytics software provider is also the biggest publicly traded owner of Bitcoin, with 1.1% of all the supply that will ever be issued.
The analytics software provider is also the biggest publicly traded owner of Bitcoin, with 1.1% of all the supply that will ever be issued.
Ever wondered how much the other half earn? The Australian Taxation Office has revealed the incomes of the highest paying jobs.
Tax cuts, superannuation increases and Centrelink payment boosts are among the changes coming in the new financial year.
Aussies have until June 30 to claim this superannuation cash boost from the government. Here’s what you need to do.
Rising costs have forced many Australians to pull back on even the smallest of luxuries. But an Aussie who decided to fork out for a pizza at Domino’s wasn’t pleased when they found out they’d be copping two surcharges.
ANZ has broken away from the pack, with NAB, Commonwealth Bank and Westpac painting a more positive picture for Aussie borrowers.
Positive developments in inflation data have Wall Street feeling more positive about the outlook for stocks into the end of the year.
Aussies may still have to wait some time before they receive mortgage relief. Here’s what the experts are saying.
(Bloomberg) -- Terry Gou, the billionaire founder of iPhone assembler Foxconn Technology Group, has finally reached a goal that had eluded him for about eight years.Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024Hedge Funds’ Secret Weapon to Fight the SEC Lives in TexasEx-Trump Adviser Urges Him to Cut Ties With China, Restar
Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE:BRKa) has offloaded 1.3 million Hong Kong-listed shares of electric vehicle giant BYD (SZ:002594) in a move worth HK$310.5 million, according to media reports.
SYDNEY (Reuters) -Australia's central bank debated whether to raise interest rates at a policy meeting on Tuesday given there were upside risks to inflation, but decided to stay the course in a sign the hurdles to a hike remained high. Wrapping up its June policy meeting, the Reserve Bank of Australia (RBA) kept rates at a 12-year high of 4.35% for a fifth straight meeting, but emphasised the need to be vigilant on inflation. "While recent data have been mixed, they have reinforced the need to remain vigilant to upside risks to inflation," the RBA Board said in a statement.
The Technology Select Sector SPDR Fund (XLK) may be on the verge of a rebalancing due to concerns over market concentration. As the biggest tech giants like Apple (AAPL), Nvidia (NVDA), and Microsoft (MSFT) continue to drive market gains, the ETF needs to rebalance its portfolio to meet the fund's rules. However, such a move could have far-reaching implications for the companies themselves and the broader markets. Yahoo Finance's Jared Blikre breaks down the details, shedding light on the implications for individual stocks and the overall market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
NEW YORK (Reuters) -Oil prices surged nearly $2 a barrel on Monday to their highest settlement levels in over a month, adding to last week's gains as investors grew more optimistic on the demand outlook. Last week, both benchmarks posted their first weekly gain in four weeks after reports from the OPEC+ producer group, the International Energy Agency and U.S. Energy Information Administration raised confidence that oil demand will improve in the second half of the year and help inventories draw down. Reassurances from OPEC+ that a plan to raise supplies from the fourth quarter of this year could be paused or reversed based on market conditions also helped prices firm.
(Bloomberg) -- Huawei Technologies Co. is considering taking a cut of in-app purchases on its Harmony mobile operating system, underscoring its growing confidence in competing with Apple Inc. in the world’s largest smartphone arena. Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024Hedge Funds’ Secret Weapon to Fight the SEC Liv
The finance guru is warning Aussies to look out for these hidden fees. Here’s how you can avoid them.
You're probably used to taking the economic temperature of the moment by reading headlines about impending recessions, feeling the pinch of inflation at the grocery store and reviewing your bank...
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is...
Investing.com -- The "artificial intelligence party" for technology stocks is "just beginning" and should lead to a wave of customer spending on Microsoft (NASDAQ:MSFT)'s AI-optimized products, according to analysts at Wedbush.
There are signs another major bank is losing hope in an interest rate cut for 2024.
Big Tech names like Nvidia (NVDA) continue to make gains, sending the Nasdaq (^IXIC) soaring. Nvidia alone is up almost 165% year-to-date. Deepwater Asset Management Managing Partner Doug Clinton joins Market Domination to share his playbook for investors wanting to incorporate Big Tech into their portfolios and which lesser known stocks they should keep an eye on. Clinton elaborates on one of his hidden gem picks for tech: "We still like Arista (ANET). And it actually had a great week last week on top of those Broadcom (AVGO) earnings. Broadcom talked about strong networking demands. And they actually upped their networking revenue guidance on the reality that there is strong demand for Ethernet based products in AI data centers. Arista has built their portfolio around Ethernet. And so I think they stand to be a good beneficiary of that trend that we're seeing from Broadcom." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
(Bloomberg) -- Beef fat from Brazil is finding its way into American biofuels as US processors look abroad for cheaper raw materials. Often-overlooked manganese is outshining other commodities this year. And the world is awash with electric car batteries — a situation that threatens to undermine future demand.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanS&P 500 Hits 30th Record of 2024 as Megacaps Rally: Markets WrapThese Are the World’s Most Expensive