That didn't take long. The stock market turned higher in the first fifteen minutes of trading on Thursday. The Dow Jones Industrial Average was up 40 points, or 0.1%. The S&P 500 was up 0.2%, while the Nasdaq Composite was up 0.
The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
Nvidia won't be without stiff competition over the next decade.
It's a touchy topic, but a finance expert said it could be a life-changing gift for young Aussies who might be struggling.
Many Australians are trying their hardest to buy their own homes, but is that really the best financial move? Ben Nash explains.
(Bloomberg) -- AustralianSuper, the country’s largest pension fund, is shifting money into equities on the expectation that artificial intelligence will fuel further gains in tech stocks. Most Read from BloombergChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysUS Allies Say China Is Developing Attack Drones for RussiaDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeHurricane Beryl Roars Toward Jamaica on Destructive PathBiden Plummets in Leaked Democratic Polli
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,...
Whilst it may not be a huge deal, we thought it was good to see that the Starpharma Holdings Limited ( ASX:SPL...
As global markets navigate through a period of relative calm with anticipation for upcoming earnings reports and central bank activities, investors continue to assess the shifting landscape. In such an environment, identifying stocks that may be undervalued becomes particularly crucial, offering potential opportunities for those looking to invest in assets that might be priced below their intrinsic value given current economic conditions.
Despite digital payments becoming the norm, it appears Kiwis are still devoted to cash.
A surprisingly strong second quarter deliveries figure was boosting Tesla stock for a second day on Wednesday as shares continue their rally over the last month.
(Bloomberg) -- Tesla Inc.’s second consecutive drop in quarterly deliveries wasn’t as steep as analysts were predicting, sending the EV maker’s shares soaring as much as 10%.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Storm Beryl Aims at Jamaica After Grenada StrikeUS Allies Allege China Is Developing Attack Drones for RussiaS&P 500 Closes Above 5,500 in Record-Breaking Run: Markets WrapBiden Plummets in Leaked Democratic Polling Memo, Puck Says
Key Insights The projected fair value for Comet Holding is CHF581 based on 2 Stage Free Cash Flow to Equity Comet...
Diamond Hill Capital, an investment management company, released its “Long-Short Fund” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The portfolio achieved positive returns in Q4 but trailed the Russell 1000 Index and outperformed the blended benchmark (60% Russell 1000 Index/40% Bloomberg US Treasury Bills 1-3 Month Index). The short […]
It's never too soon to start building healthy financial habits. In fact, the earlier you get started, the easier it'll be to maintain these habits for the long haul. This can make it easier to save...
Hong Kong stocks advanced for a third straight day as heavyweight Alibaba Group sparked a tech rally, while mainland investors lent support piling into high dividend stocks. Gains were tempered by data that showed slowing momentum in service activity. The Hang Seng Index gained 1.2 per cent to 17,978.52 at the local noon trading break after briefly topping the 18,000 level, with the Tech Index rallying 2.5 per cent in a rebound from two-month lows. The Shanghai Composite Index declined 0.4 per c
(Bloomberg) -- The US trade deficit widened in May to the largest since 2022 as a decline in exports of merchandise exceeded a drop in imports.Most Read from BloombergHouse Democrats Consider Demanding Biden Withdraw From RaceBiden Struggles to Contain Mounting Pressure to Drop Out of RaceChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysUS Allies Say China Is Developing Attack Drones for RussiaZelenskiy Challenges Trump to Reveal Plans for Ending WarThe gap in goods and ser
As the first half of 2024 closes with notable strength in the Canadian market, particularly in sectors like technology and utilities, investors are witnessing a period marked by robust economic indicators and optimistic market trends. The TSX has shown resilience with solid gains, setting a positive tone for those looking at growth opportunities within this landscape. In this context, stocks with high insider ownership can be particularly appealing as they often suggest that company leaders...
Nvidia (NVDA) shares are falling back today following the chipmaker's recent market high. Rosenblatt Securities senior research analyst Hans Mosesmann joins Market Domination to explain why he is not worried about the stock's bumpy previous weeks. Mosesmann has issued the highest price target for Nvidia on Wall Street. Mosesmann has a long-term view, explaining that the sale pressure is negligible when one considers that Nvidia is going to be the "best way to play AI for the next 10 years." He adds that Nvidia is not just a semiconductor company anymore but a platform that is "all things AI." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
An attempt by the People's Bank of China (PBOC) to stem a rally in government bonds is falling flat as growth worries persist. Any potential interventions might only slow the momentum temporarily, as the fundamentals have yet to turn the corner, analysts said. The bond market rebounded quickly to recover from the shock of the central bank's announcement on Monday that it would borrow notes. Yields on 10- and 30-year Chinese government bonds closed down 1.3 and 1.2 basis points on Tuesday to 2.24
In the last year, many Microsoft Corporation ( NASDAQ:MSFT ) insiders sold a substantial stake in the company which may...
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