Company News For May 13, 2024

Yahoo Finance AU
ATO ramps up data checks to ‘protect honest people and businesses’
The ATO has expanded its data-matching programs and can use it to pick up people doing the wrong thing.
Yahoo Finance AU
Commonwealth Bank's huge $10k move to help Aussies crack the property market
You won't have to spend years saving tens of thousands to get a foot on the ladder.
Yahoo Finance AU
David Koch's 'sad, bad and gloomy' money survival guide
Australia's economic outlook isn't as hellish as you might think, but it's not heavenly either.
Yahoo Finance
'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up
Nvidia's quarterly results blew away estimates again on Wednesday, and as the company moves to its next-generation chips its CEO sees supply, not demand, serving as its biggest challenge.
BBC
Inflation rate falls to lowest in almost three years
Prices rose at 2.3% in the year to April, down from 3.2% the month before, official figures said.
Yahoo Finance AU
Powerball $150m draw: Financial advisor's hit list of things you could do with the winnings
James Wrigley said one section in particular will ensure the money will last for 'generations'.
Yahoo Finance Video
The best software AI plays: Analyst
RBC Capital Markets Software Equity Analyst Rishi Jaluria and Macquarie Head of US AI and Software Research Frederick Havemeyer join Market Domination to discuss the best AI plays outside major tech companies and chipmakers. Havemeyer says that cybersecurity companies will benefit from the AI race and points particularly to CrowdStrike (CRWD). "While they're not selling generative AI themselves, we think that the advent of generative AI is making it much easier for attackers to exploit a lot of things," he explains. He says that CrowdStrike is well positioned to defend against those attacks.  Jaluria points to Zoom (ZM) as an "underappreciated AI play," as it uses the technology as a tool to aid salespeople or HR representatives in analyzing behaviors. "I think about those use cases, maybe even verticalizing them for the Contact Center, where Contact Center Zoom has been getting a great amount of success," he explains. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Simply Wall St.
Unveiling US Growth Companies With High Insider Ownership In May 2024
As of May 2024, the U.S. market is experiencing a notable uplift, buoyed by strong earnings from tech giants like Nvidia, which has sparked optimism and driven gains across various sectors. This positive momentum underscores the importance of robust corporate governance and strategic insider investments, particularly in growth-oriented companies with high insider ownership. In the current climate where technological advancements and economic policies play pivotal roles in shaping market...
Yahoo Finance AU
Expert warns Aussies common dog breed could cost you when trying for a home loan: 'Most people don't realise'
Lenders can adjust a person's borrowing power and the breed can also influence their decision.
Bloomberg
DuPont Plans Three-Way Split in Return to CEO’s Playbook
(Bloomberg) -- DuPont de Nemours Inc. plans to break up — again.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsCiti Trader Got 711 Warning Messages Before Sparking Flash CrashIsrael to Restart Gaza Talks After Hostage Video Sparks OutrageThese Flight Routes Suffer the World’s Worst TurbulenceThe company will separate its electronics and water units through tax-free transactions, forming a trio of p
Bloomberg
Foreigners Are Flocking into Turkish Lira Bonds at Record Pace
(Bloomberg) -- Foreign investors expanded their purchases of lira-denominated Turkish government bonds last week, notching the biggest monthly inflow into the country’s domestic debt on record. Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsCiti Trader Got 711 Warning Messages Before Sparking Flash CrashThese Flight Routes Suffer the World’s Worst TurbulenceIsrael to Restart Gaza Talks After Hostag
Yahoo Finance Video
S&P 500, Nasdaq open higher on Nvidia Q1 earnings bump
The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) are grooving to the tune of Nvidia's (NVDA) fiscal first-quarter earnings beat reported after the market close on Wednesday. The Nasdaq is in the green, seeing gains as high as 190 points at Thursday's market open. The Dow Jones Industrial Average (^DJI) is the standalone index laggard this morning. Morning Brief Anchors Seana Smith and Brad Smith examine the bump that the broader market is getting from the chip giant's overwhelmingly positive earnings print. Catch Yahoo Finance's interview with Nvidia CEO Jensen Huang here. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Simply Wall St.
Top Japanese Growth Companies With High Insider Ownership In May 2024
Despite some economic challenges, Japanese equities have shown resilience, with the Nikkei 225 Index gaining 1.5% recently. This backdrop provides a compelling context to explore growth companies in Japan, particularly those with high insider ownership which can indicate confidence from those closest to the company's operations and potential.
Bloomberg
Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes
(Bloomberg) -- Shares of Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, surged on Thursday after a bullish sales forecast showed that AI computing spending remains strong.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsCiti Trader Got 711 Warning Messages Before Sparking Flash CrashIsrael to Restart Gaza Talks After Hostage Video Sparks OutrageThese Flight Routes Suffe
Simply Wall St.
Investors in Insignia Financial (ASX:IFL) have unfortunately lost 40% over the last five years
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
StockStory
Snowflake (NYSE:SNOW) Beats Q1 Sales Targets, Stock Soars
Data warehouse-as-a-service Snowflake (NYSE:SNOW) announced better-than-expected results in Q1 CY2024, with revenue up 32.9% year on year to $828.7 million. It made a non-GAAP profit of $0.14 per share, down from its profit of $0.15 per share in the same quarter last year.
GOBankingRates
Is Your Credit Card Your Emergency Fund? Here’s How To Curb Debt and Build an Actual Emergency Fund
Credit cards can be convenient to use, but often don't serve as the best emergency fund. If you have an unexpected expense and you need to buy something, you can easily swipe your credit card. But if...
Associated Press Finance
Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits
The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies and banks. Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, including Evolve Bank & Trust. Because Evolve is a bank and is required to comply with banking laws, it has to make sure all customer deposits are accounted for to the penny, which may take time.
Bloomberg
India Needs ‘Balancing Act’ to Manage Bond Index Flows, S&P Says
(Bloomberg) -- Indian policymakers will face a “balancing act” in managing anticipated foreign capital inflows from its bonds’ inclusion in key global indexes while trying to retain the rupee’s general stability, according to an S&P Global Ratings economist.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashUS Justice Department to Seek Breakup of
Bloomberg
China Exposure Tumbles to 5% at Canada Pension as Geopolitical Risks Rise
(Bloomberg) -- Canada Pension Plan Investment Board’s exposure to investments in yuan has fallen by half in just two years, as the money manager pulls back in the world’s second-largest economy because of higher risks. Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashHarvard Defies Faculty Vote to Block 13 Students From GraduatingUS Justice Depar

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Company News For May 13, 2024

Latest stories

ATO ramps up data checks to ‘protect honest people and businesses’

Commonwealth Bank's huge $10k move to help Aussies crack the property market

David Koch's 'sad, bad and gloomy' money survival guide

'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up

Inflation rate falls to lowest in almost three years

Powerball $150m draw: Financial advisor's hit list of things you could do with the winnings

The best software AI plays: Analyst

Unveiling US Growth Companies With High Insider Ownership In May 2024

Expert warns Aussies common dog breed could cost you when trying for a home loan: 'Most people don't realise'

DuPont Plans Three-Way Split in Return to CEO’s Playbook

Foreigners Are Flocking into Turkish Lira Bonds at Record Pace

S&P 500, Nasdaq open higher on Nvidia Q1 earnings bump

Top Japanese Growth Companies With High Insider Ownership In May 2024

Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes

Investors in Insignia Financial (ASX:IFL) have unfortunately lost 40% over the last five years

Snowflake (NYSE:SNOW) Beats Q1 Sales Targets, Stock Soars

Is Your Credit Card Your Emergency Fund? Here’s How To Curb Debt and Build an Actual Emergency Fund

Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits

India Needs ‘Balancing Act’ to Manage Bond Index Flows, S&P Says

China Exposure Tumbles to 5% at Canada Pension as Geopolitical Risks Rise