IT firm Xero launches $850 million convertible notes offering due 2031

Yahoo Finance AU
Dire sign in Aussie dollar spike: 'On the warpath'
Australia is "straying from the narrow path", so could that spell a recession?
Yahoo Finance AU
$1.5 million pay day using simple $10 trick: 'Worth your attention'
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Moneywise
Warren Buffett believes the vast wealth gap in America is due to 1 'inevitable consequence'
"The poor are most definitely not poor because the rich are rich."
Bloomberg
A $100 Billion Bet on China’s Economy Sours as Warehouses Empty
(Bloomberg) -- In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity. Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorVW Latches Onto Rivian in $5 Billion EV Pact to Regain MomentumTrump Could Actually Lose Florida. Here’s Why.Nvidia Rout Takes Breather as Traders Scour Charts for SupportJulian Assange Leaves Court ‘Free Man,’
Yahoo Finance AU
Aussie banks issue cashless warning: ‘Going digital’
Aussies are using less and less cash with the drop recorded across ages, incomes and locations.
South China Morning Post
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to mainland China have helped offset some of the currency's looming depreciation pressures. China's trailing 12-month net capital outflows stood at US$139 billion as of May 2024, the worst year for the figure since the period from 2016 to 2017, said the French investment bank Natixis in a presentation on Tuesday. Firms are reluctan
Yahoo Finance Video
Is AI in a bubble similar to the 1990s telecom bust?
Micron Technology's (MU) post-earnings decline and Nvidia's (NVDA) shaky sell-off have not been a vote of confidence for the AI landscape to investors this week. Is this the first sign of an AI bubble materializing? To help answer these questions and more, Lead Edge Capital Founder Mitchell Green comes onto Yahoo Finance's Catalysts to talk about the long-term vision of the artificial intelligence trade. "If you believe that the hyperscalers are who are going to spend giants amount of money, I should say hyperscalers and the Singaporean government and the Middle Eastern governments are going to spend more money next year on this stuff. Then it's probably a long. If you think that this CapEx could be some sort of slight bubble, it's probably a short. What we think is it's very real, but this stuff is going to take a lot longer to play out than people think." Green states it could be some of the AI "incumbents" that actually come out on top at the end of the long-term adoption timeline. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
Simply Wall St.
Shareholders Are Optimistic That Paychex (NASDAQ:PAYX) Will Multiply In Value
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
NewsWire
Dire warning of several rate hikes this year
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
Insider Monkey
NVIDIA Corporation (NVDA) Jumped on Booming Demand for AI Products
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. Risk assets continued to rise while market volatility remained low in the first quarter, perhaps indicating that investors are becoming somewhat complacent. In the quarter, the fund appreciated 5.46% […]
Insider Monkey
The Biggest Economy in the World by the End of 2024
We recently compiled a list of the 50 Biggest Economies in the World by the End of 2024 and in this article we will look at the country that topped our rankings. A Brief Analysis of the World Economic Outlook According to the United Nations, the global economic outlook has improved since January. The global […]
Simply Wall St.
J D Wetherspoon (LON:JDW) Has More To Do To Multiply In Value Going Forward
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
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The Wealthiest Person in Singapore
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
NewsWire
Aussie shares sink on inflation shock, hike fears
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
StockStory
AeroVironment (NASDAQ:AVAV) Exceeds Q1 Expectations But Stock Drops
Aerospace and defense company AeroVironment (NASDAQGS:AVAV) reported Q1 CY2024 results topping analysts' expectations, with revenue up 5.9% year on year to $197 million. On the other hand, the company's full-year revenue guidance of $805 million at the midpoint came in slightly below analysts' estimates. It made a non-GAAP profit of $0.43 per share, down from its profit of $0.99 per share in the same quarter last year.
The Independent
Volkswagen dropping $5bn into struggling EV maker Rivian
German auto giant will collaborate with EV startup on software and electrical tech
Simply Wall St.
Companies Like QuinStreet (NASDAQ:QNST) Can Afford To Invest In Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Bloomberg
Ex-Two Sigma Researcher Becomes Big Winner of China Quant Quake
(Bloomberg) -- A Chinese hedge fund founded by a Two Sigma Investments LP alumnus is emerging as one of the biggest winners from this year’s shakeup of the 1.6 trillion yuan ($220 billion) industry.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksSpaceX Tender Offer Said to Value Company at Record $210 BillionFedEx Stokes Investors With Hint
Reuters
Interactive Brokers reveals $48 million loss from NYSE glitch
The brokerage had filed claims with the NYSE to compensate it for these losses, but the exchange denied its ask, Interactive said. Outages caused by software and hardware malfunction have become common as trading moved from floors and pits to electronic systems, but glitches can roil markets and frustrate investors. Interactive said its losses stemmed from an attempt by its clients to take advantage of the massive drop in Berkshire's stock price.
Bloomberg
One in Three BOJ Watchers Expects July Hike Along With QT Plan
(Bloomberg) -- The Bank of Japan will raise its interest rate in July in addition to unveiling a roadmap for its path toward quantitative tightening, according to one-third of economists surveyed by Bloomberg.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorVW Latches Onto Rivian in $5 Billion EV Pact to Regain MomentumTrump Could Actually Lose Florida. Here’s Why.Nvidia Rout Takes Breather as Traders Scour Charts for SupportJulian Assange Leaves

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IT firm Xero launches $850 million convertible notes offering due 2031

Latest stories

Dire sign in Aussie dollar spike: 'On the warpath'

$1.5 million pay day using simple $10 trick: 'Worth your attention'

Warren Buffett believes the vast wealth gap in America is due to 1 'inevitable consequence'

A $100 Billion Bet on China’s Economy Sours as Warehouses Empty

Aussie banks issue cashless warning: ‘Going digital’

Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

Is AI in a bubble similar to the 1990s telecom bust?

Shareholders Are Optimistic That Paychex (NASDAQ:PAYX) Will Multiply In Value

Dire warning of several rate hikes this year

NVIDIA Corporation (NVDA) Jumped on Booming Demand for AI Products

The Biggest Economy in the World by the End of 2024

J D Wetherspoon (LON:JDW) Has More To Do To Multiply In Value Going Forward

The Wealthiest Person in Singapore

Aussie shares sink on inflation shock, hike fears

AeroVironment (NASDAQ:AVAV) Exceeds Q1 Expectations But Stock Drops

Volkswagen dropping $5bn into struggling EV maker Rivian

Companies Like QuinStreet (NASDAQ:QNST) Can Afford To Invest In Growth

Ex-Two Sigma Researcher Becomes Big Winner of China Quant Quake

Interactive Brokers reveals $48 million loss from NYSE glitch

One in Three BOJ Watchers Expects July Hike Along With QT Plan