New Strong Sell Stocks for April 9th

Yahoo Finance AU
Woolworths worker rages about note posted in lunchroom on company profit: 'Like we are falling for that'
The worker felt compelled to publish the memo because 'we all felt ripped off'.
a day ago
Yahoo Finance AU
RBA has gone too far and nervous nellies should admit it as interest rises don't impact these crushing costs
Interest rate hikes would have very little if any, impact on the price of tobacco, petrol, food, alcohol or child care. So why are they deemed the answer?
2 days ago
Reuters
Trump raises stake in his media firm to nearly 65%
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
14 hours ago
Bloomberg
Bitcoin Faces Worst Month Since FTX Crash With ETF Demand Cooling
(Bloomberg) -- Bitcoin registered its worst month since the collapse of Sam Bankman-Fried’s FTX empire as the euphoria around US exchange-traded funds for the largest digital asset subsides. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly,
14 hours ago
Reuters
Australian retailer Woolworths to sell $303 million stake in Endeavour Group
(Reuters) -Australian retailer Woolworths said on Wednesday that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021. Shares of Woolworths slipped 0.4%, while those of Endeavour were down 5% in early trade.
13 hours ago
Reuters
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries. The world's No. 1 miner is weighing up its next move after its initial $39 billion takeover proposal for smaller rival Anglo was rejected last week. BHP has proposed that Anglo sell its shares in units Anglo Platinum (Amplats) and Kumba Iron Ore as an option to exit the South African assets it doesn't want included in the deal.
a day ago
Bloomberg
Wall Street Hit by Fed Jitters to Close Wild April: Markets Wrap
(Bloomberg) -- The stock market sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the Federal Reserve to keep interest rates higher for longer.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketAmazon Reports Strong Cloud Unit Sales on Rising AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance Founder Changpeng Zhao Gets Four Month
15 hours ago
Bloomberg
Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal
(Bloomberg) -- Tesla Inc. gave back some of its $82 billion gain in market value as several analysts questioned just how meaningful it is that Chief Executive Officer Elon Musk secured tacit approval to offer driver-assistance features in China.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving S
20 hours ago
Yahoo Finance AU
Westpac's major move on branches as regional Aussies suffer with bank and ATM closures
The bank admits customers in regional Australia face 'unique challenges' and want to protect them as much as possible.
5 hours ago
Yahoo Finance Video
PayPal stock soars on 14% rise in Q1 payment volume
Shares of PayPal (PYPL) are rising Tuesday, buoyed by the company's first quarter performance, which saw payment volume surge 14%. The digital payment giant exceeded analysts' revenue expectations, posting a top-line figure of $7.7 billion, beating the Street's estimate of $7.51 billion. Yahoo Finance's Seana Smith and Brad Smith break down the details of the report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
21 hours ago
Bloomberg
Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues
(Bloomberg) -- The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemPot Stocks Surge on Report DEA Set to Reclassify MarijuanaAfter more than doubling this year, futures traded in Ne
19 hours ago
Bloomberg
Gold Holds Drop as Markets Brace for Hawkish Tone at Fed Meeting
(Bloomberg) -- Gold held its hefty decline in the previous session, as hot US economic data further dented hopes the Federal Reserve will rapidly pivot to monetary easing.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketAmazon Reports Strong Cloud Unit Sales on Rising AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance Founder Changpeng Zhao Gets Four Months in PrisonBullion was trad
10 hours ago
Simply Wall St.
Shareholders in St Barbara (ASX:SBM) are in the red if they invested five years ago
It is doubtless a positive to see that the St Barbara Limited ( ASX:SBM ) share price has gained some 65% in the last...
a day ago
Reuters
UPDATE 2-PayPal lifts 2024 profit forecast, execs focus on branded checkout growth
PayPal executives on Tuesday emphasized plans to reignite growth in branded checkout products that have struggled in recent years as big tech expanded market share, after the payments firm raised its forecast for full-year adjusted profit. The company's stock had struggled last year on fears that the entry of Apple and Alphabet's Google in digital payments could take away a big chunk of PayPal's mainstay business. PayPal's unbranded businesses have grown, but weakness in its branded business such as Venmo has been central to investor anxieties.
a day ago
Yahoo Finance AU
Fast-growing Aussie bank starts major overhaul as all branches lose cash ahead of 'digital only' deadline
Macquarie Bank customers only have a few weeks left to access over the counter services.
5 hours ago
Yahoo Finance Video
China is directly shaping Apple and Tesla. Here's how.
Apple (AAPL) has faced several challenges recently, including a loss of market share to Huawei in China. According to data from Counterpoint Research, iPhone sales fell over 19% within the first 3 months of 2024. Tesla CEO Elon Musk (TSLA) recently wrapped up a trip to China, where he secured tentative approval from Chinese officials to roll out the company's self-driving software in the country — a boon for Tesla as it struggles with increased competition in the Chinese EV market. Yahoo Finance Anchor Akiko Fujita joins Catalysts to break down how China is directly impacting both of these tech giants, which have faced mounting challenges in the region. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
2 days ago
Yahoo Finance AU
Commonwealth Bank pushes back interest rate cut prediction in devastating warning to Aussie borrowers
The Commonwealth Bank was the only of the big four still forecasting a cut in September, but now borrowers are being warned to 'plan for a hike'.
a day ago
Reuters
EV maker Polestar to delay fourth-quarter results for a second time
Swedish electric-vehicle maker Polestar Automotive will delay the publication of its fourth-quarter and full-year 2023 financial results for a second time, a spokesperson for the company said on Tuesday. Polestar did not provide a date for the release but said it still intends to publish first-quarter financial results on May 23. Polestar also requires more time to complete work related to the internal control of its financial reporting as per the Sarbanes-Oxley Act of 2002, the spokesperson said.
15 hours ago
Reuters
UPDATE 1-Barrick Gold beats estimates for first-quarter profit
Canadian miner Barrick Gold beat Wall Street estimates for first-quarter profit on Wednesday, on the back of a rally in bullion prices during the quarter. Prices of the precious metal rose about 8.2% to $2,231 per ounce in the January-March quarter, on buying from central banks and hopes the U.S. Federal Reserve could cut interest rates as early as June. The world's second-largest gold miner said its average realized gold prices rose to $2,075 per ounce from $1,902 per ounce a year earlier.
56 minutes ago
GOBankingRates
Microsoft Stock Secrets: How To Make $1,000 a Month With Dividends
When it comes to explaining the power of stock market investing, one example that frequently makes the rounds is how rich you would be now if you had invested in Microsoft when the software company...
16 hours ago

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New Strong Sell Stocks for April 9th

Latest stories

Woolworths worker rages about note posted in lunchroom on company profit: 'Like we are falling for that'

RBA has gone too far and nervous nellies should admit it as interest rises don't impact these crushing costs

Trump raises stake in his media firm to nearly 65%

Bitcoin Faces Worst Month Since FTX Crash With ETF Demand Cooling

Australian retailer Woolworths to sell $303 million stake in Endeavour Group

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Wall Street Hit by Fed Jitters to Close Wild April: Markets Wrap

Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal

Westpac's major move on branches as regional Aussies suffer with bank and ATM closures

PayPal stock soars on 14% rise in Q1 payment volume

Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues

Gold Holds Drop as Markets Brace for Hawkish Tone at Fed Meeting

Shareholders in St Barbara (ASX:SBM) are in the red if they invested five years ago

UPDATE 2-PayPal lifts 2024 profit forecast, execs focus on branded checkout growth

Fast-growing Aussie bank starts major overhaul as all branches lose cash ahead of 'digital only' deadline

China is directly shaping Apple and Tesla. Here's how.

Commonwealth Bank pushes back interest rate cut prediction in devastating warning to Aussie borrowers

EV maker Polestar to delay fourth-quarter results for a second time

UPDATE 1-Barrick Gold beats estimates for first-quarter profit

Microsoft Stock Secrets: How To Make $1,000 a Month With Dividends