Enova Announces Date of First Quarter 2024 Financial Results Conference Call

Futurism
Man Buys Used Tesla, Discovers Horrendous Issue
While Tesla's stock was reaching all time highs back in 2021, car rental company Hertz made a big bet by buying up about 30,000 Teslas vehicles. The original order was for a whopping 100,000 Teslas, sending the EV maker's value soaring at the time. But as it turns out, that was an extremely costly mistake, […]
CNN Business
Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
Australian Associated Press
Rationale behind RBA's last cash rate call on show
The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.
Yahoo Finance
A surging stock market may not need a catalyst — but it's getting one
As the stock market flirts with another round of all-time highs, the Nvidia earnings are just around the corner — and analyst expectations are high, once again. And almost no big stocks ever post that many triple-digit gains in a row.
GOBankingRates
Mark Cuban: 4 of His Favorite Investments on Shark Tank
After 13 years on Shark Tank, billionaire Mark Cuban has announced that he plans to leave the famous ABC reality program.
Yahoo Finance AU
Expert reveals tax benefits as Aussie couple refuse to join bank accounts - even after 8 years and 2 kids
Loviner and Brad have two kids together, but have never set up a joint bank account and an expert has weighed in on why they may have made a wise decision. Find out more here.
Bloomberg
GameStop Rout Reaches $8 Billion After Plan to Sell Shares
(Bloomberg) -- GameStop Corp. tumbled after filings opened the door for it to sell more equity, furthering a rout that erased most of the meme-fueled rally that had sent the stock soaring 271% at the start of the week. Most Read from BloombergA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipChina Attempts to End Property Crisis With Broad Rescue Packag
Fortune
American stock markets have dominated global trading for most of the last 120 years. Here’s how other big economies measure up
U.S. markets have fended off challenges from China and Japan.
Investing.com
Deutsche Bank lifts S&P 500 target on strong earnings
Deutsche Bank strategists increased their year-end target for the S&P 500 index to 5,500, up from the previous 5,100.
Bloomberg
Oil Posts Weekly Gain as Supply Outlook and Inflation Set Tone
(Bloomberg) -- Oil notched a weekly gain while futures stayed in a narrow range, with the outlook for supply and inflation in focus.Most Read from BloombergA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipChina Attempts to End Property Crisis With Broad Rescue PackageZyn Shortage? Nicotine Pouches Out of Stock in Several US StatesWest Texas Intermediat
Bloomberg
Chinese Property Stocks Extend Rally on Broad Rescue Package
(Bloomberg) -- Shares of Chinese property developers extended a rally after Beijing announced forceful measures to shore up the beleaguered property market. Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’China Sells Record Sum of US Debt Amid Signs of DiversificationA Bloomb
Reuters
Swedish EV maker Polestar gets Nasdaq notice on potential de-listing
The company said it is working to file its annual report for the fiscal year ended Dec. 31 and to report its first-quarter financial results of 2024. Polestar has 60 days from the date of the notice to submit a plan of compliance to Nasdaq, it said in a statement. A deficiency notice from Nasdaq is a formal alert sent to a company that is not meeting the minimum standards for continued listing.
Yahoo Finance Video
Why markets may be headed for a 'mild' recession: Strategist
After April's Consumer Price Index (CPI) data signaled that inflation may be cooling, some on Wall Street grew optimistic that the Federal Reserve might cut rates before the year's end. Fed Governor Michelle Bowman spoke on Friday repeating her previous stance that she would not rule out rate hikes if inflation remains elevated. Crossmark Global Investments CEO and CIO Bob Doll joins Market Domination to give insight into the Fed's potential policy decisions and why he believes the market is headed for a "mild recession." Doll elaborates on the current market conditions that shape his view: "We got the leading economic indicators today, and they were down again. We've had one month up in the last couple of years. A week ago, we got the University of Michigan Consumer Confidence Index, and not only are lower end consumers struggling, but now some mid-income consumers are struggling. It's just the high-end that's doing well. And, of course, inflation expectations in that same survey went up a bunch. So I don't think all is as clear as we might like it to be in a market where you got to pay over 20 times earnings. " 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
Yahoo Finance Video
China unveils plans to revitalize its property market
In new plans to revitalize its property sector, China is easing mortgage rules and encouraging local governments to buy unsold homes to develop more affordable housing. The move sent trade of China's Hang Seng Properties Index (^HSNP) climbing higher, as the rescue package comprises an urgent measure to prop up the country's suffering property market. Housing accounts for about a quarter of China's economy, and prices fell to their steepest levels in over a decade. Yahoo Finance's Seana Smith and Madison Mills break down China's plans and how they could affect global markets. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Reuters
BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says
BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note. They raised their price target for London-listed Anglo to 27.75 pounds a share after reexamining the value of its copper assets, and said the discount for the shares to the implied value of BHP's offer was at its greatest level, implying the market sees a deal as unlikely. Under UK takeover rules BHP must make a firm offer by May 22, or walk away.
Investing.com
Best case scenario for S&P 500 'may be coming into play': Stock Trader's Almanac
Stock market bulls regained control in May after April's decline interrupted an impressive five-month run from November to March, during which the market rose each month, with the S&P 500 gaining 25.3%.
GOBankingRates
I’m a Bank Teller: 8 Banking Habits the Poor Should Learn From the Rich
Does it ever feel like the rich have some secret knowledge about money that eludes the rest of us? After over a decade working as a bank teller, Rachael P. has an inside look at the habits and...
CNN Business
China unveils ‘historic’ rescue for crisis-hit property sector as home prices slump again
China has unveiled wide-ranging measures to rescue its property sector, including asking local governments across the country to buy unsold homes from beleagured developers and easing rules on purchases.
Evening Standard
The Bank shouldn't be shy on cutting interest rates
City Comment: Inflation could fall below 2% as soon as next week
Bloomberg
US Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals Slip
(Bloomberg) -- A US company has become the world’s most valuable solar manufacturer for the first time since 2018, as Chinese rivals suffer from a profit-slashing price war and an onslaught of trade barriers erected by Washington.Most Read from BloombergA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipChina Attempts to End Property Crisis With Broad Re

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Enova Announces Date of First Quarter 2024 Financial Results Conference Call

Latest stories

Man Buys Used Tesla, Discovers Horrendous Issue

Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in

Rationale behind RBA's last cash rate call on show

A surging stock market may not need a catalyst — but it's getting one

Mark Cuban: 4 of His Favorite Investments on Shark Tank

Expert reveals tax benefits as Aussie couple refuse to join bank accounts - even after 8 years and 2 kids

GameStop Rout Reaches $8 Billion After Plan to Sell Shares

American stock markets have dominated global trading for most of the last 120 years. Here’s how other big economies measure up

Deutsche Bank lifts S&P 500 target on strong earnings

Oil Posts Weekly Gain as Supply Outlook and Inflation Set Tone

Chinese Property Stocks Extend Rally on Broad Rescue Package

Swedish EV maker Polestar gets Nasdaq notice on potential de-listing

Why markets may be headed for a 'mild' recession: Strategist

China unveils plans to revitalize its property market

BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says

Best case scenario for S&P 500 'may be coming into play': Stock Trader's Almanac

I’m a Bank Teller: 8 Banking Habits the Poor Should Learn From the Rich

China unveils ‘historic’ rescue for crisis-hit property sector as home prices slump again

The Bank shouldn't be shy on cutting interest rates

US Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals Slip