BiomX to Host First Quarter 2024 Financial Results Conference Call and Webcast on May 21, 2024

Bloomberg
Chinese Trader’s $20 Million Pile of Russian Copper Goes Missing
(Bloomberg) -- A giant state-owned Chinese commodities trader is nursing losses after a shipment of copper from Russia worth nearly $20 million went missing, reigniting fears over fraud in the often secretive market for buying and selling raw materials.Most Read from BloombergApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dial Back Rate Fore
Moneywise
Legendary investor Peter Lynch’s advice for how to invest when stock prices look frighteningly overpriced
Here’s how the Wall Street titan tackled the challenge.
Yahoo Finance AU
$770 cash boost coming for millions of Aussies nationwide from July 1
Private health insurance customers could save hundreds of dollars when changes to rebates come into effect next month.
BBC
Tesla investors back record-breaking Musk pay deal
Tesla says shareholders have again approved a record-breaking pay deal for billionaire Elon Musk.
Reuters
Australia May employment tops forecasts, defying economic slowdown
Australian employment outpaced expectations in May as firms took on more full-time workers, while the jobless rate dipped in a sign the labour market remains resilient even as the economy slowed to a standstill. The report is unlikely to move the needle much on rate cuts, with markets expecting the easing cycle to start only in the second quarter of next year. Net employment rose 39,700 in May from April, data from the Australian Bureau of Statistics showed on Thursday.
GOBankingRates
136 Worst Cars You Can Buy, Ranked
When you buy a new car, you weigh the importance and cost of features like safety mechanisms, fuel efficiency, driver assistance and interior comfort. If you plan to sell it, another consideration is...
Reuters
Broadcom soars as demand for AI chips powers forecast raise
Broadcom surged about 15% on Thursday as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria. The rising adoption of generative AI has been driving demand for companies such as Broadcom that provide chips and networking tools to support these intensive applications. Broadcom, whose shares have risen 76% in the past 12 months and closed at $1495.5 on Wednesday, joined Nvidia in trying to make its stock more affordable through a 10-for-1 split.
Bloomberg
Trader Gerald Group Says It Was Hit by $49 Million Tin Fraud
(Bloomberg) -- Commodity trading house Gerald Group said it paid almost $49 million for tin that turned out not to be tin.Most Read from BloombergUS Inflation Broadly Cools in Encouraging Sign for Fed OfficialsBlinken Casts Doubt on Cease-Fire Hopes After Hamas RespondsHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.EU to Slap Tariffs of Up to 48% on EV Imports From ChinaStock Bull Run Breaks Record on Fed Decision Day: Markets WrapGerald Group made a provision of $37.3 million in
Yahoo Finance
Stock market today: Stocks extend record-setting rally, Tesla rises ahead of Musk pay decision
Investors are continuing to weigh signs of cooling inflation and a hawkish shift in the Fed's view on rate cuts.
Yahoo Finance
Federal Reserve holds interest rates steady, lowers forecast to 1 rate cut in 2024
The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one.
NewsWire
ASX extends losses as US rate decision looms
Ahead of the US Fed’s meeting on rates, the Australian share market has recorded a loss for the second day in a row.
Yahoo Finance AU
New 'HI-FI' trend exposes why $100,000 pay not enough for Aussies to live on
A high wage may mean you are financially secure. But it doesn't mean you are financially sensible.
Reuters
Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows
Keith Gill, the stock influencer known as Roaring Kitty, updated his holding of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million at the start of the week. Gill's update, posted on Reddit after the close of trading, showed the value of his position at $262.1 million. Gill who helped launch the meme-stock phenomenon in 2021, recently disclosed a sizeable GameStop stock and options position in a screen shot posted on Reddit on June 2.
Yahoo Finance
GameStop raises $2.14 billion as it capitalizes on latest appearance of 'Roaring Kitty'
GameStop filled up its coffers again to the tune of $2.14 billion following "Roaring Kitty's" return to YouTube.
Reuters
Morning Bid: US disinflation good, Chinese disinflation bad
Softer-than-expected U.S. inflation lit a fuse under investor risk appetite and asset prices on Wednesday which should fire up animal spirits across Asia on Thursday, although a hawkish tilt in the Fed's new economic projections could put a lid on things. The Fed's revised outlook - fewer rate cuts this year, slightly higher unemployment, a higher long-term policy rate - cooled equity, FX and fixed income markets late in the U.S. session on Wednesday. That is a friendly mix of market conditions and sentiment for investors in Asia and across emerging markets on Thursday.
Yahoo Finance Video
Apple becomes most valuable company as it prioritizes AI
Apple's (AAPL) market cap has surpassed Microsoft (MSFT), reclaiming the throne as the most valuable company. Apple's market capitalization is currently valued just above $3.228 trillion as its stock slowly took off following the company's AI showcase at its Worldwide Developers Conference (WWDC) on Monday. Yahoo Finance's Julie Hyman and Josh Lipton track Apple's stock movement this week and inquire about how Apple expects its customers to use its new AI features. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan. Check out more of Yahoo Finance's coverage of Apple and its WWDC announcements: The challenge of Apple's 'AI for the rest of us' is we don't know what it's for: Morning Brief Apple will no longer be 'missing out' with new AI initiative Apple AI: Do consumers share same enthusiasm as investors? Apple's iPhone segment will grow by 10% next year: Analyst Apple looks to make AI more personal
Simply Wall St.
Genetic Signatures Limited (ASX:GSS) is definitely on the radar of institutional investors who own 44% of the company
Key Insights Given the large stake in the stock by institutions, Genetic Signatures' stock price might be vulnerable to...
Simply Wall St.
Is Destiny Pharma (LON:DEST) In A Good Position To Invest In Growth?
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Simply Wall St.
Is Frequentis AG's (ETR:FQT) Recent Stock Performance Tethered To Its Strong Fundamentals?
Frequentis' (ETR:FQT) stock is up by a considerable 17% over the past three months. Given that the market rewards...
Simply Wall St.
Reliance Worldwide Corporation Limited (ASX:RWC) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
It is hard to get excited after looking at Reliance Worldwide's (ASX:RWC) recent performance, when its stock has...

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BiomX to Host First Quarter 2024 Financial Results Conference Call and Webcast on May 21, 2024

Latest stories

Chinese Trader’s $20 Million Pile of Russian Copper Goes Missing

Legendary investor Peter Lynch’s advice for how to invest when stock prices look frighteningly overpriced

$770 cash boost coming for millions of Aussies nationwide from July 1

Tesla investors back record-breaking Musk pay deal

Australia May employment tops forecasts, defying economic slowdown

136 Worst Cars You Can Buy, Ranked

Broadcom soars as demand for AI chips powers forecast raise

Trader Gerald Group Says It Was Hit by $49 Million Tin Fraud

Stock market today: Stocks extend record-setting rally, Tesla rises ahead of Musk pay decision

Federal Reserve holds interest rates steady, lowers forecast to 1 rate cut in 2024

ASX extends losses as US rate decision looms

New 'HI-FI' trend exposes why $100,000 pay not enough for Aussies to live on

Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows

GameStop raises $2.14 billion as it capitalizes on latest appearance of 'Roaring Kitty'

Morning Bid: US disinflation good, Chinese disinflation bad

Apple becomes most valuable company as it prioritizes AI

Genetic Signatures Limited (ASX:GSS) is definitely on the radar of institutional investors who own 44% of the company

Is Destiny Pharma (LON:DEST) In A Good Position To Invest In Growth?

Is Frequentis AG's (ETR:FQT) Recent Stock Performance Tethered To Its Strong Fundamentals?

Reliance Worldwide Corporation Limited (ASX:RWC) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?