New Strong Sell Stocks for May 28th

Yahoo Finance AU
Nvidia suffers biggest loss in world history after $646 billion bloodbath: 'This is a concern'
After reaching incredible heights, concern is brewing for the AI and microchip company.
Yahoo Finance AU
Young Aussie bucks cashless trend and reveals insane results: 'Gone through the roof'
Matt Hey can't believe the impact using cash has had on his bank account.
Yahoo Finance AU
$700 cost-of-living credit coming for millions from next week
Millions of Aussies will be receiving an electricity bill rebate from next week. Here’s how to claim it.
Yahoo Finance AU
Tax time: 7 days left to claim hundred dollar 'secret' ATO doesn't want you to know
Time is running out to take advantage of a situation that will end on June 30.
Yahoo Finance AU
ATO’s major warning over $1,288 cash boost: ‘Not a race’
The ATO has asked Aussies to wait to lodge their tax returns until the end of July.
NewsWire
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
Sky News
Your rights when a new car keeps breaking down
It has been back to Land Rover dealership six times for the same issue that has still not been resolved and the car is unusable as this issue is the hybrid system does not want to engage. After that, the onus is on the retailer - in this case the dealership, with whom Adam has a contract (not Jaguar Land Rover itself) - to prove the goods were not faulty when sold, and this onus lasts up to six months.
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 […]
GOBankingRates
I’m a Passive Income Enthusiast: 6 Methods That Are Making Me Rich
Every wise finance article on the internet will share one common piece of advice: Don't put all your eggs in one basket when it comes to investing. Diversifying, according to experts, is one of...
Bloomberg
Bitcoin Posts Biggest Drop in Two Months as Liquidations Pick Up
(Bloomberg) -- Losses are piling up in the crypto market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.Most Read from BloombergNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverWikileaks’ Julian Assang
GOBankingRates
Buffett vs. ChatGPT: The Investment Face-Off — Who Truly Understands the Market?
When it comes to investing legends, Berkshire Hathaway's chairman Warren Buffett is at the top of the list. At 93, the "Oracle of Omaha" is still one of the most famed investors, known for his motto...
Bloomberg
Yen Is Under Pressure Even as Japan Steps Up Its Verbal Warnings
(Bloomberg) -- The yen remained under pressure even after Japan’s top currency official warned that authorities stand ready to intervene in currency markets 24 hours a day if necessary.Most Read from BloombergNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverWikileaks’ Julian Assange to Plead Guilty, En
Insider Monkey
Analyst Says Taiwan Semiconductor (TSM) is the ‘Key Beneficiary of AI Prosperity’
We recently published a list of the Big Tech Funds are Buying These 10 AI Stocks. Since Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) ranks 7th on the list, it deserves a deeper look. As mega-cap technology stocks continue to soar to new highs, the number of Wall Street analysts highlighting the “concentration of gains” problem are increasing. […]
Yahoo Finance Video
Bitcoin on track for third worst week of 2024. Here's why.
Bitcoin (BTC-USD) is headed for its third worst week of the year as the crypto market is under pressure. Marathon Digital Holdings (MARA) CEO Fred Thiel joins Catalysts to discuss bitcoin's movement and how Marathon Digital Holdings handles the cryptocurrency's volatility. Thiel points to several issues facing bitcoin that are causing an increased supply in the market. First, Germany's criminal bureau is selling about 50,000 BTC. Japanese bitcoin exchange Mt. Gox is set to distribute a large volume of bitcoin in July as part of its bankruptcy. In addition, miners are selling large amounts of bitcoin to continue to fund and expand their operations. Thiel states that "bitcoin is historically very volatile," adding that Marathon Digital Holdings has a "very strong balance sheet" to deal with the cryptocurrency's swings. He explains that Marathon is focused on diversifying the business, starting a technology division to focus on areas getting a boost from bitcoin mining and the AI race, such as liquid cooling. He adds that the business is also focused on energy harvesting, leveraging bitcoin mining to generate new revenue streams. Thiel points to Marathon's recent initiative in Finland to heat 11,000 homes with the heat from its data center. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Yahoo Finance AU
Huge tax time warning for millions of Aussies: ‘Take advantage’
Tax time is just around the corner and Aussies are being warned a “perfect storm” is brewing.
NewsWire
New plan to keep cash in Australia
Cash transport distributor Armaguard is set to receive a $50m lifeline to stay in business, which will keep cash flowing in Australia for at least another year.
Yahoo Finance
The most important stock market chart of 2024: Morning Brief
Tech stocks have dominated the conversation on Wall Street this year. They've dominated returns for investors too.
StockStory
Nvidia (NVDA) Shares Skyrocket, What You Need To Know
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 6.4% in the afternoon session after the stock rebounded after shedding more than $400b in market cap since the previous week. We'd note that there were no specific fundamental reasons driving today's move, just as there were no major ones driving the decline in the stock in the last week or so. The last major fundamental datapoint we have on the company was May 22, 2024, when Nvidia reported Q1'2024 earnings that were quite
NewsWire
ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Reuters
Morning Bid: Nvidia's half trillion hiccup; Bitcoin, China slide
In an glimpse at how megacap tails wag the dog, a near half-trillion dollar shakeout in AI-bellwether Nvidia's market cap in just a week continued to drag on the entire market even though most S&P500 stocks ended higher on Monday. Without any obvious trigger beyond a bout of nervy profit taking into Friday's half-year end, Nvidia has recoiled by almost 20% since last Thursday's record high - lopping more than $430 billion off its market value in the process. While the artificial intelligence champion chip behemoth remains up almost 140% for the year to date, the sheer scale of stock and the extent of the shakeout pack a punch for index investors.

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New Strong Sell Stocks for May 28th

Latest stories

Nvidia suffers biggest loss in world history after $646 billion bloodbath: 'This is a concern'

Young Aussie bucks cashless trend and reveals insane results: 'Gone through the roof'

$700 cost-of-living credit coming for millions from next week

Tax time: 7 days left to claim hundred dollar 'secret' ATO doesn't want you to know

ATO’s major warning over $1,288 cash boost: ‘Not a race’

Aussie shares leap higher in rebound rally

Your rights when a new car keeps breaking down

The Wealthiest Person in Singapore

I’m a Passive Income Enthusiast: 6 Methods That Are Making Me Rich

Bitcoin Posts Biggest Drop in Two Months as Liquidations Pick Up

Buffett vs. ChatGPT: The Investment Face-Off — Who Truly Understands the Market?

Yen Is Under Pressure Even as Japan Steps Up Its Verbal Warnings

Analyst Says Taiwan Semiconductor (TSM) is the ‘Key Beneficiary of AI Prosperity’

Bitcoin on track for third worst week of 2024. Here's why.

Huge tax time warning for millions of Aussies: ‘Take advantage’

New plan to keep cash in Australia

The most important stock market chart of 2024: Morning Brief

Nvidia (NVDA) Shares Skyrocket, What You Need To Know

ASX slumps on iron ore, energy woes

Morning Bid: Nvidia's half trillion hiccup; Bitcoin, China slide