Company News for Apr 26, 2024

Yahoo Finance AU
RBA holds interest rates but Australia on cusp of ‘genuine recession’ after ‘rotten’ update
The Reserve Bank of Australia (RBA) has kept the cash rate on hold at a 12-year high of 4.35 per cent.
Yahoo Finance
The biggest risk to investing in 'Magnificent 7' stocks like Nvidia and Amazon, according to top CEOs
It's good practice for investors to think beyond the "Magnificent Seven" stocks, the CEOs of Apollo and Avenue Capital Group said.
Bloomberg
China’s Surging Industrial Loans Aren’t Going to Its Factories
(Bloomberg) -- As China’s industrial capacity emerged as a key trade issue, a surge in Chinese bank loans to the sector has often been cited as evidence that Beijing is engaging in a renewed manufacturing push that could flood global markets with cheap goods.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackTrump’s Private Life Exposed i
GOBankingRates
How To Make the Most of Your Wealth After 65 — Like Warren Buffett
Currently sitting eighth Forbes' Real-Time Billionaires list with a net worth of $133.4 billion, Warren Buffett is a sterling example of an investor who stuck to his core financial beliefs early on to...
NCA NewsWire
ANZ chief’s dire warning for homeowners
Homeowners are feeling the pinch of the cost-of-living crisis, with the number of loans past due at ANZ increasing double digits.
Reuters
BHP insists Anglo American's South African assets must go in any takeover, sources say
BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed on the miner's thinking said. The "Big Australian" was rebuffed by its smaller rival on April 26 after submitting a $39 billion takeover proposal, in a plan seen as complex because it required Anglo to offload its shares in Kumba Iron Ore and Anglo American Platinum (Amplats) to Anglo American's shareholders before any deal took place. Anglo American owns 78.6% of Amplats and 69.7% of Kumba.
StockStory
Roblox (RBLX) Reports Earnings Tomorrow: What To Expect
Gaming metaverse operator Roblox (NYSE:RBLX) will be announcing earnings results tomorrow before market open. Here's what to look for.
Simply Wall St.
Upgrade: Analysts Just Made A Massive Increase To Their Bicycle Therapeutics plc (NASDAQ:BCYC) Forecasts
Bicycle Therapeutics plc ( NASDAQ:BCYC ) shareholders will have a reason to smile today, with the analysts making...
GOBankingRates
Warren Buffett: How Investing in the S&P 500 Can Make You Rich
Warren Buffett has a fortune worth over $131 billion. He got there by consistently investing in the right companies throughout his multi-decade career. However, Buffett advises the average person...
Simply Wall St.
Whitehaven Coal's (ASX:WHC) investors will be pleased with their enviable 692% return over the last three years
For us, stock picking is in large part the hunt for the truly magnificent stocks. You won't get it right every time...
Simply Wall St.
Hall of Fame Resort & Entertainment Insider Ups Holding By 14% During Year
From what we can see, insiders were net buyers in Hall of Fame Resort & Entertainment Company's ( NASDAQ:HOFV ) during...
Bloomberg
Saudi Arabia’s $100 Billion AI Fund Will Divest China If US Asks
(Bloomberg) -- The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US.Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialMicrosoft’s Xbox Is Planning More Cuts After Studio Closings“So far the requests have been to
Bloomberg
Disney Shares Decline on Outlook Despite Path to Profit
(Bloomberg) -- Walt Disney Co. shares tumbled the most in a year and a half after the company reported a tepid outlook for growth in streaming subscribers in the current quarter and said that visits to parks are expected to moderate from peak post-Covid levels.Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialMicrosoft’s Xbox Is Planning
Bloomberg
Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash
(Bloomberg) -- Instacart is partnering with Uber Technologies Inc. to offer restaurant delivery through the Instacart app — taking on the top US food delivery app, DoorDash Inc.Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsInstacart users in the US will be able to order from
Insider Monkey
10 Best Cookies and Crackers Stocks to Buy
In this article, we will explore the 10 Best Cookies and Crackers Stocks to Buy. To skip our detailed analysis of the snacks sector, you can go directly to see the 5 Best Cookies and Crackers Stocks to Buy. The snack food industry, especially the segments involving cookies and crackers, continues to exhibit strong growth […]
Yahoo Finance AU
RBA boss deals major 2025 interest rate cut blow that will devastate millions of struggling Aussies
The Reserve Bank of Australia has held interest rates, but there's no sign of reprieve for those under mortgage stress.
BBC
FTX says it has billions more than owed to victims
The failed cryptocurrency giant says it has billions of dollars more than needed to cover its debts.
Evening Standard
FTSE 100 Live 8 May: Bank of England in focus after index surges to close at another record
A fresh record for the FTSE 100 index and trading updates by JD Wetherspoon and Informa today provided more cheer for investors. Loss-making fashion chain Boohoo and the insurer Direct Line fared less well in the City, having also reported this morning. The Bank of England’s two-day policy meeting is underway, with Sweden’s central bank today cutting interest rates.
Bloomberg
Malaysian Stock Rally Seen Extending as Market Value Hits Record
(Bloomberg) -- A rally in Malaysian stocks is set to continue amid strong support from local funds and as foreign investors return to the market. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackOne Out of Every 24 New York City Residents Is Now a MillionaireTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyAnalysts are projecting a 5% increase in the benchmark FBM KLCI Index over the
Reuters
FOREX-Yen drops despite intervention threat, Aussie slides after RBA
The yen continued to slide against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The Australian dollar fell from near a two-month high versus its U.S. counterpart after the Reserve Bank of Australia refrained from ramping up hawkish signals, as some traders had anticipated. In her press conference after the central bank's widely-expected decision to keep rates unchanged, governor Michele Bullock said the board believes monetary policy is at the right level to return inflation to target.

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Company News for Apr 26, 2024

Latest stories

RBA holds interest rates but Australia on cusp of ‘genuine recession’ after ‘rotten’ update

The biggest risk to investing in 'Magnificent 7' stocks like Nvidia and Amazon, according to top CEOs

China’s Surging Industrial Loans Aren’t Going to Its Factories

How To Make the Most of Your Wealth After 65 — Like Warren Buffett

ANZ chief’s dire warning for homeowners

BHP insists Anglo American's South African assets must go in any takeover, sources say

Roblox (RBLX) Reports Earnings Tomorrow: What To Expect

Upgrade: Analysts Just Made A Massive Increase To Their Bicycle Therapeutics plc (NASDAQ:BCYC) Forecasts

Warren Buffett: How Investing in the S&P 500 Can Make You Rich

Whitehaven Coal's (ASX:WHC) investors will be pleased with their enviable 692% return over the last three years

Hall of Fame Resort & Entertainment Insider Ups Holding By 14% During Year

Saudi Arabia’s $100 Billion AI Fund Will Divest China If US Asks

Disney Shares Decline on Outlook Despite Path to Profit

Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash

10 Best Cookies and Crackers Stocks to Buy

RBA boss deals major 2025 interest rate cut blow that will devastate millions of struggling Aussies

FTX says it has billions more than owed to victims

FTSE 100 Live 8 May: Bank of England in focus after index surges to close at another record

Malaysian Stock Rally Seen Extending as Market Value Hits Record

FOREX-Yen drops despite intervention threat, Aussie slides after RBA