New Strong Sell Stocks for April 2nd

NCA NewsWire
One thing propping up Aussie economy
As the Commonwealth Bank boss announced a profit slide, he said one thing was providing a “tailwind” for the Australian economy.
Yahoo Finance
The biggest risk to investing in 'Magnificent 7' stocks like Nvidia and Amazon, according to top CEOs
It's good practice for investors to think beyond the "Magnificent Seven" stocks, the CEOs of Apollo and Avenue Capital Group said.
Yahoo Finance AU
Vital clue Australia is headed for an interest rate cut - not the hike a few noisy economists claim
Homeowners will be desperately hoping inflation gets under control so they can get some mortgage relief.
Bloomberg
Country Garden Misses Bond Payment, Says Guarantor Would Step In
(Bloomberg) -- Chinese developer Country Garden Holdings Co. said it cannot meet initial deadlines for interest payments on two local bonds and that a state guarantor would step in — marking the first test of a key government program to shore up builder debt.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely P
Insider Monkey
12 Best Artificial Intelligence Stocks to Buy Now According to Wall Street Analysts
In this piece, we will take a look at the 12 best artificial intelligence stocks to buy now according to Wall Street analysts. If you want to skip our coverage of the latest developments in the artificial intelligence scene, then you can skip ahead to 5 Best Artificial Intelligence Stocks to Buy Now According to […]
Simply Wall St.
Upgrade: Analysts Just Made A Massive Increase To Their Bicycle Therapeutics plc (NASDAQ:BCYC) Forecasts
Bicycle Therapeutics plc ( NASDAQ:BCYC ) shareholders will have a reason to smile today, with the analysts making...
StockStory
DoubleVerify (NYSE:DV) Surprises With Q1 Sales But Stock Drops 21.5%
Digital media measurement and analytics provider DoubleVerify (NYSE:DV) beat analysts' expectations in Q1 CY2024, with revenue up 14.8% year on year to $140.8 million. On the other hand, next quarter's revenue guidance of $154 million was less impressive, coming in 2.8% below analysts' estimates. It made a GAAP profit of $0.04 per share, down from its profit of $0.07 per share in the same quarter last year.
Simply Wall St.
Whitehaven Coal's (ASX:WHC) investors will be pleased with their enviable 692% return over the last three years
For us, stock picking is in large part the hunt for the truly magnificent stocks. You won't get it right every time...
StockStory
Roblox (RBLX) Reports Earnings Tomorrow: What To Expect
Gaming metaverse operator Roblox (NYSE:RBLX) will be announcing earnings results tomorrow before market open. Here's what to look for.
Bloomberg
FTX Has Billions More Than Needed to Pay Bankruptcy Victims
(Bloomberg) -- Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries, plus interest, a rare outcome in US bankruptcy proceedings. Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Po
Reuters
FOREX-Dollar gains on rate outlook, yen weakens for third day
The dollar gained on Wednesday as investors continued to bet on the U.S. economy outperforming peers and was higher for the third day against the Japanese yen, keeping investors wary of the risk of intervention from Tokyo. In Europe, the Swedish crown came under pressure after the central bank cut interest rates and said it expected two more cuts this year, while the pound was stuck in negative territory ahead of a Bank of England meeting on Thursday. The move in Sweden was a reminder that dollar is likely to remain strong as long as other central banks cut rates before the U.S. Federal Reserve.
Bloomberg
Rents Set to Be Last Domino to Fall in Global Inflation Battle
(Bloomberg) -- Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all this tightening cycle. Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireFTX Has Billions More Than Needed to Pay Bankruptcy VictimsIn the US, UK, Canada and Australia
PA Media: UK News
AB InBev sales grow but Bud Light boycott continues to drag on US arm
Sales growth continued to be driven by higher pricing, with the volume of drinks sold by the company down 0.6%.
BBC
UK interest rates expected to stay at 16-year high
The Bank of England will decide interest rates later, but is not expected to cut them until the summer.
Bloomberg
Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash
(Bloomberg) -- Instacart is partnering with Uber Technologies Inc. to offer restaurant delivery through the Instacart app — taking on the top US food delivery app, DoorDash Inc.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialInstacart users in the US will be able to order from
Bloomberg
Disney Shares Decline on Outlook Despite Path to Profit
(Bloomberg) -- Walt Disney Co. shares tumbled the most in a year and a half after the company reported a tepid outlook for growth in streaming subscribers in the current quarter and said that visits to parks are expected to moderate from peak post-Covid levels.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely
Insider Monkey
RGC Resources, Inc. (NASDAQ:RGCO) Q2 2024 Earnings Call Transcript
RGC Resources, Inc. (NASDAQ:RGCO) Q2 2024 Earnings Call Transcript May 6, 2024 RGC Resources, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Tommy Oliver: Good morning and thank you for joining us as we discuss RGC Resources, Inc.’s 2024 Second Quarter […]
BBC
FTX says it has billions more than owed to victims
The failed cryptocurrency giant says it has billions of dollars more than needed to cover its debts.
Bloomberg
Balyasny Is Building Physical Natural Gas and Power Business in Europe
(Bloomberg) -- Balyasny Asset Management is setting up a unit to trade physical natural gas and power in Denmark in a bid to generate more profit from its growing commodities business, people familiar with the matter said. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortOne Out of Every 24 New York City Residents Is Now a MillionaireEinhorn Says Markets Are ‘Broken.’ Here’s What Data ShowsThe firm is still bu
Reuters
Stocks and bonds wobble as global economy throws off mixed signals
LONDON (Reuters) -Investors have gone from bracing for a U.S. recession to positioning for the world's biggest economy to keep chugging along. European growth is also better than anticipated a few months ago, a challenge for traders trying to divine how much central bankers will lower interest rates. Many analysts said this would be the year U.S. growth buckled, after the same predictions proved woefully wrong in 2023.

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New Strong Sell Stocks for April 2nd

Latest stories

One thing propping up Aussie economy

The biggest risk to investing in 'Magnificent 7' stocks like Nvidia and Amazon, according to top CEOs

Vital clue Australia is headed for an interest rate cut - not the hike a few noisy economists claim

Country Garden Misses Bond Payment, Says Guarantor Would Step In

12 Best Artificial Intelligence Stocks to Buy Now According to Wall Street Analysts

Upgrade: Analysts Just Made A Massive Increase To Their Bicycle Therapeutics plc (NASDAQ:BCYC) Forecasts

DoubleVerify (NYSE:DV) Surprises With Q1 Sales But Stock Drops 21.5%

Whitehaven Coal's (ASX:WHC) investors will be pleased with their enviable 692% return over the last three years

Roblox (RBLX) Reports Earnings Tomorrow: What To Expect

FTX Has Billions More Than Needed to Pay Bankruptcy Victims

FOREX-Dollar gains on rate outlook, yen weakens for third day

Rents Set to Be Last Domino to Fall in Global Inflation Battle

AB InBev sales grow but Bud Light boycott continues to drag on US arm

UK interest rates expected to stay at 16-year high

Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash

Disney Shares Decline on Outlook Despite Path to Profit

RGC Resources, Inc. (NASDAQ:RGCO) Q2 2024 Earnings Call Transcript

FTX says it has billions more than owed to victims

Balyasny Is Building Physical Natural Gas and Power Business in Europe

Stocks and bonds wobble as global economy throws off mixed signals