Nvidia, Accenture and KB Home rise premarket; Trump Media, Winnebago fall

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'
Finance expert Ben Nash details how to avoid tax and build your retirement nest egg with these super tricks.
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,’
Insider Monkey
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 […]
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
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.
GOBankingRates
Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year
Most retirees live on a fixed income, so you're always looking for ways to reduce expenses and save money. This isn't always easy, especially if you're already living with the least amount possible,...
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 […]
Reuters
Exxon-led Guyana oil group's net jumps in 2023, margins top Nvidia's
Guyana's lucrative agreement with an Exxon Mobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp. The trio's combined net margin was 56%, greater than the 49% Nvidia earned in its most recent fiscal year. The Stabroek offshore oil venture's 2023 revenue soared 23% over the prior year, to $11.25 billion, as the addition of a third production vessel expanded output.
Bloomberg
China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks
(Bloomberg) -- The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” campaign.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoBolivia’s President Arce Swears in New Army Chief After Coup BidYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorSpaceX Tender Offer Said to Value Company at Record $210
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.
Bloomberg
Nvidia Rout Takes Breather as Traders Scour Charts for Support
(Bloomberg) -- Nvidia Corp. shares showed signs of steadying after a $430 billion selloff sent traders searching for signals as to where the bottom may be.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.Rivian Gets $5 Billion Lifeline in Joint Venture With VolkswagenJulian Assange Leaves Court ‘Free Man,’ Ending 14-Year DramaThe stock rose
CNN Business
Fed officials are talking down the chance of rate cut this year
At the beginning of the year, Federal Reserve officials projected they would cut interest rates three times this year. By June, they had lowered that projection to just one cut.
Yahoo Finance
A small group of tech stocks is driving the market rally — why that's 'not a flaw'
Wall Street strategists are arguing the stock market rally's next leg higher doesn't need broader participation.
Fortune
The U.S. is about to get slammed by a ‘very active’ hurricane season—but the carnage could be good news for these five insurance stocks, analyst says
“If this grim forecast comes to fruition, it will likely buoy pricing” for insurance, says CFRA Research’s Catherine Seifert.
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 BidYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorSpaceX Tender Offer Said to Value Company at Record $210 BillionChina’s Finance El
Fortune
Coinbase shares are down about 13% over 2 weeks alongside tumbling Bitcoin
The stock market has been losing confidence in the crypto exchange, as investors have sold $1.3 billion in spot Bitcoin ETF shares over the past two weeks.
Fortune
FedEx stock rockets almost 16% on earnings beat—and BofA boosts its price target
The company also plans to complete a review of FedEx Freight by the end of the calendar year.
Simply Wall St.
Ralph Lauren (NYSE:RL) Is Paying Out A Larger Dividend Than Last Year
The board of Ralph Lauren Corporation ( NYSE:RL ) has announced that it will be paying its dividend of $0.825 on the...

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Nvidia, Accenture and KB Home rise premarket; Trump Media, Winnebago fall

Latest stories

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

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

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

The Wealthiest Person in Singapore

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

Dire warning of several rate hikes this year

Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year

The Biggest Economy in the World by the End of 2024

Exxon-led Guyana oil group's net jumps in 2023, margins top Nvidia's

China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks

Aussie banks issue cashless warning: ‘Going digital’

Nvidia Rout Takes Breather as Traders Scour Charts for Support

Fed officials are talking down the chance of rate cut this year

A small group of tech stocks is driving the market rally — why that's 'not a flaw'

The U.S. is about to get slammed by a ‘very active’ hurricane season—but the carnage could be good news for these five insurance stocks, analyst says

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

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

Coinbase shares are down about 13% over 2 weeks alongside tumbling Bitcoin

FedEx stock rockets almost 16% on earnings beat—and BofA boosts its price target

Ralph Lauren (NYSE:RL) Is Paying Out A Larger Dividend Than Last Year