KKR Real Estate Finance Trust Inc. Reports First Quarter 2024 Results

BBC
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
GOBankingRates
Here Are 5 Things You Should Only Pay For in Cash
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
GOBankingRates
These 6 Money Experts Own Amazon Stock — Should You?
Amazon shareholders have plenty to cheer about these days thanks to a stock price that is up by more than one-fifth already in 2024. The news got even better earlier this week when Amazon breezed past...
Insider Monkey
20 Best Korean Skincare Products of 2024
In this article, we will discuss the 20 Best Korean Skincare Products of 2024. You can skip our detailed analysis of the global K-beauty products market, the Korean skincare industry’s approach to sustainability, and recent developments in the beauty industry by going directly to the 5 Best Korean Skincare Products of 2024. The Global K-beauty […]
Associated Press Finance
Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
Yahoo Finance AU
NAB boss reveals if bank will pass on a future RBA interest rate cut in full
Andrew Irvine said NAB 'wouldn't hold anything back' if the Reserve Bank of Australia delivered a rate cut.
Reuters
Turkey inflation up near 70%, highest since 2022
Commenting on the figures, Finance Minister Mehmet Simsek said April's month-on-month inflation, which was 3.18%, was in line with expectations. According to the Turkish Statistical Institute, the biggest annual consumer price rise was in education, for which prices rose 103.86%, followed by restaurants and hotels at 95.82%. The central bank has hiked rates by 3,650 basis points since June including a 500 basis-point rise in March due to deterioration in the inflation outlook.
Bloomberg
Fading War Risks Push Oil to Biggest Weekly Drop Since February
(Bloomberg) -- Oil posted its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East, while traders continued to weigh the outlook for interest-rate cuts. Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTrump Aide Hicks Cries on Witness
Simply Wall St.
With 38% ownership, Austin Engineering Limited (ASX:ANG) has piqued the interest of institutional investors
Key Insights Given the large stake in the stock by institutions, Austin Engineering's stock price might be vulnerable...
Reuters
QUOTES-Buffett talks succession and Berkshire's future at annual meeting
Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities. Greg Abel, 61, designated Buffett's successor as chief executive in 2021, sat on stage with Buffett.
Yahoo Finance Video
Buy Northrop Grumman instead of Boeing: Portfolio manager
When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye, F/m Investments Senior Portfolio Manager Don Nesbitt shares his stock that could fly and which could face turbulence in the aerospace industry.  Nesbitt likes Northrop Grumman (NOC) for its "consistent earnings and sales growth." He also says the company has a strong order backlog and uses free cash flow to return cash to shareholders. He also thinks it has an attractive valuation. Nesbitt cautions, however, that the company risks facing an over-reliance on US government contracts.  Nesbitt is less of a fan of Boeing (BA). His first concern, which is a short-term one, is the uncertainty surrounding who will be leading the company after CEO Dave Calhoun steps down at the end of the year. Nesbitt also points to the debt downgrade from Moody's and the lack of a dividend. What could reverse his thesis? Investors shrugging off some of the more near-term concerns or that the leadership shake-up serves as a positive catalyst. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Reuters
Buffett says Berkshire is in good hands, lauds Apple despite trimming stake
OMAHA, Nebraska (Reuters) -Warren Buffett assured shareholders on Saturday that the executives expected to succeed him at Berkshire Hathaway were ready for the job and heaped praise on Apple even though Berkshire recently trimmed its position in the iPhone maker. Speaking at Berkshire’s annual meeting, the legendary investor also paid tribute to his late business partner Charlie Munger and said he expected the conglomerate’s cash pile, which reached a record $189 billion last quarter, to continue growing. The meeting was the 60th for Buffett, who took over Berkshire in 1965 and turned it into an expansive company valued at $862 billion owning BNSF railroad, Geico car insurance, Dairy Queen and other businesses.
Bloomberg
Souring Profit Outlooks Threaten S&P 500’s 20% Rally
(Bloomberg) -- Strong earnings beats from Corporate America may no longer be enough to keep the stock rally going. Profit outlooks are becoming more important.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTrump Aide Hicks Cries on Witness Stand, Recalls 2016 ChaosWith more
GOBankingRates
27 Things Retirees Should Do With Their Money Right Now
Retiring isn't the end of your financial journey. Though you may have called it quits on the planning aspect for your golden years, you'll still have to understand how to save and spend money in...
Yahoo Finance AU
How I’m playing the stage 3 tax cuts to make extra money – immediately
Money saving expert Nicole Pedersen-McKinnon reveals the three things you need to be aware of.
Bloomberg
Australia’s No. 2 Pension Fund to Curb Thermal Coal Investments
(Bloomberg) -- Australian Retirement Trust, the country’s second largest pension fund, plans to stop directly investing in most thermal coal companies as it targets net zero across its portfolio. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesTrump Auditions VP Picks Before Wealthy D
Moneywise
Bill Ackman has a solution for America's retirement crisis — give $7K to 'every baby that's born in America'
Start them early!
Reuters
EMERGING MARKETS-Asian currencies, stocks rally as US Fed hints dovish bias
* S. Korean won up 0.9% * Taiwan stocks up 0.7% * Thai April headline CPI +0.19% yr/yr By Echha Jain May 3 (Reuters) - Asian emerging market currencies and equities rallied on Friday after the U.S. Federal Reserve indicated it was keeping a dovish tilt, ahead of U.S. nonfarm payrolls data due later in the day. The South Korean won was the biggest gainer in the region, appreciating 0.9% against the greenback. Among equities, Taiwan stocks rose 0.7% to be the top gainer in the region, while Malaysia stocks added 0.3%.
Associated Press Finance
Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'
The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. The SEC charged the accounting firm BF Borgers and its owner, Benjamin F. Borgers, with “deliberate and systematic failures” in more than 1,500 audits. To settle the SEC charges, BF Borgers agreed to pay a $12 million fine while its owner agreed to pay a fine of $2 million, according to the SEC.
Yahoo Finance
Coinbase first quarter profits surged above $1 billion on ETF frenzy
Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.

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KKR Real Estate Finance Trust Inc. Reports First Quarter 2024 Results

Latest stories

Apple sales fall in nearly all countries

Here Are 5 Things You Should Only Pay For in Cash

These 6 Money Experts Own Amazon Stock — Should You?

20 Best Korean Skincare Products of 2024

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

NAB boss reveals if bank will pass on a future RBA interest rate cut in full

Turkey inflation up near 70%, highest since 2022

Fading War Risks Push Oil to Biggest Weekly Drop Since February

With 38% ownership, Austin Engineering Limited (ASX:ANG) has piqued the interest of institutional investors

QUOTES-Buffett talks succession and Berkshire's future at annual meeting

Buy Northrop Grumman instead of Boeing: Portfolio manager

Buffett says Berkshire is in good hands, lauds Apple despite trimming stake

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How I’m playing the stage 3 tax cuts to make extra money – immediately

Australia’s No. 2 Pension Fund to Curb Thermal Coal Investments

Bill Ackman has a solution for America's retirement crisis — give $7K to 'every baby that's born in America'

EMERGING MARKETS-Asian currencies, stocks rally as US Fed hints dovish bias

Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'

Coinbase first quarter profits surged above $1 billion on ETF frenzy