Verizon to report earnings April 22, 2024

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.
a day 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.
a day 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.
20 hours ago
Yahoo Finance AU
Commonwealth Bank cuts 11 interest-free days from its rewards cards
The move brings CBA in line with NAB, with ANZ now offering the most interest-free days out of the big four banks.
3 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,
a day ago
GOBankingRates
Suze Orman Says This Is the Only Way To Be Investing in the Stock Market
Given her no nonsense approach to building wealth, it's not surprising that financial guru, Emmy-winning TV host and popular podcaster Suze Orman recommends certain risk-averse investments to her...
7 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.
2 days 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
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 MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAAmazon Posts Strongest Cloud Sales Growth in a Year on AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaBinance Founder Changpeng Zhao Gets F
a day 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'.
2 days ago
Reuters
JGB yields rise with US peers, yen steady as Fed outcome awaited
The yen was steady at 157.87 per dollar following two days of volatile trade that saw it tumble beyond 160 for the first time in 34 years and then spring back as far as 154.40 in what now looks almost certain to have been intervention by Japanese authorities. The 10-year JGB yield rose 2 basis points to 0.89% as of 0543 GMT on Wednesday, recouping some ground lost the previous day, when it fell as low as 0.865%. Monday was a national holiday in Japan, forcing local investors to catch up with two days of declines for U.S. yields.
19 hours ago
Reuters
Wall Street stocks fall as markets weigh strong wage data, Fed meeting
U.S. stocks ended lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the day of a key Federal Reserve policy meeting to decide the direction of interest rates. Data showed on Tuesday that U.S. labor costs rose by a more-than-expected 1.2% last quarter, indicating an uptick in wage pressures. A survey also found that U.S. consumer confidence worsened in April, dropping to its lowest level in more than 1-1/2 years.
2 days 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
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.
2 days ago
Bloomberg
Saudi Chemical Giant’s Profit Slumps as Pressures Persist
(Bloomberg) -- Saudi Arabia’s top chemicals company reported a 62% drop in year-on-year profit as weak demand puts the industry under stress. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesUS and Saudis Near Defense Pact Aimed at Reshaping Middle EastThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerSaudi Basic
12 hours ago
NCA NewsWire
Woolies warns of ‘shift’ in spending
As shoppers tightened their belts, the grocery giant said it had experienced a “noticeable shift” in consumers’ behaviours since Christmas.
2 hours ago
Simply Wall St.
We're Hopeful That Brazilian Rare Earths (ASX:BRE) Will Use Its Cash Wisely
Just because a business does not make any money, does not mean that the stock will go down. For example, although...
3 hours 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.
20 hours ago
Simply Wall St.
Shareholders in PRL Global (ASX:PRG) are in the red if they invested five years ago
Ideally, your overall portfolio should beat the market average. But every investor is virtually certain to have both...
5 hours ago
Fortune
Donald Trump just added another $1.8 billion to his Truth Social fortune—on paper
He now controls another 36 million shares, almost 65% of the company.
10 hours ago

ALL ORDS

ASX 200

AUD/USD

OIL

GOLD

Bitcoin AUD

CMC Crypto 200

AUD/EUR

AUD/NZD

NZX 50

NASDAQ

FTSE

Dow Jones

DAX

Hang Seng

NIKKEI 225

Verizon to report earnings April 22, 2024

Latest stories

Trump raises stake in his media firm to nearly 65%

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

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

Commonwealth Bank cuts 11 interest-free days from its rewards cards

Bitcoin Faces Worst Month Since FTX Crash With ETF Demand Cooling

Suze Orman Says This Is the Only Way To Be Investing in the Stock Market

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

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

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

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

JGB yields rise with US peers, yen steady as Fed outcome awaited

Wall Street stocks fall as markets weigh strong wage data, Fed meeting

Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues

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

Saudi Chemical Giant’s Profit Slumps as Pressures Persist

Woolies warns of ‘shift’ in spending

We're Hopeful That Brazilian Rare Earths (ASX:BRE) Will Use Its Cash Wisely

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

Shareholders in PRL Global (ASX:PRG) are in the red if they invested five years ago

Donald Trump just added another $1.8 billion to his Truth Social fortune—on paper