Dow surpasses 40,000, Walmart’s stock hits a record high: Yahoo Finance

Moneywise
Charlie Munger once revealed how investors can beat the stock market — here are 3 of his essential tips
Warren Buffett’s right-hand man knew a thing or two about investing.
Yahoo Finance AU
$5,500 tax deductions Aussies miss on tax returns: ‘Big difference’
Tax time is just around the corner. Make sure you don’t miss out on these commonly overlooked deductions.
Moneywise
‘I'm not his biggest fan': Elon Musk says Warren Buffett's way of getting rich is 'pretty boring'
Why the entrepreneur thinks “moats are lame”
Simply Wall St.
CCC Intelligent Solutions Holdings Inc.'s (NASDAQ:CCCS) market cap decline of US$414m may not have as much of an impact on institutional owners after a year of 0.7% returns
Key Insights Given the large stake in the stock by institutions, CCC Intelligent Solutions Holdings' stock price might...
NCA NewsWire
‘1,000 restaurants’: GYG’s shock $2.2bn move
Aussie fast food chain Guzman y Gomez has made a huge announcement on the future of the company which could spark a $200m expansion across the country.
Reuters
Yen weakness persists despite Tokyo's $62 billion intervention
TOKYO (Reuters) -Japanese authorities spent 9.79 trillion yen ($62.23 billion)intervening in the foreign exchange market to support the yen over the past month, in moves that kept the currency from testing new lows but are unlikely to reverse longer-term declines. The Ministry of Finance data released on Friday confirmed the suspicions of traders and analysts that Tokyo entered the market in two rounds of massive dollar-selling intervention shortly after the yen hit a 34-year low of 160.245 per dollar on April 29, and again in the early hours of May 2 in Tokyo. "This was larger than expected, underscoring Japan's resolve to ease the pain of imported inflation," said Daisaku Ueno, chief FX strategist at Mitsubishi UFJ Morgan Stanley Securities.
Simply Wall St.
Three Growth Companies On SIX Swiss Exchange With Insider Ownership As High As 30%
The Swiss market recently demonstrated resilience, closing on a strong note despite initial setbacks, buoyed by encouraging GDP growth data and robust buying in the latter part of the trading session. This positive economic backdrop sets an interesting stage for exploring growth companies on the SIX Swiss Exchange, particularly those with substantial insider ownership which can be indicative of confidence in the company’s future prospects from those who know it best.
BBC
How the cashless society is hurting the poorest
People on low incomes end up paying more than those who have full access to mainstream financial services.
Bloomberg
Japan to Answer ¥9.4 Trillion Question on Currency Intervention
(Bloomberg) -- Investors will learn Friday if Japan intervened to prop up the yen during the last month, with the beleaguered currency vulnerable to a selloff if authorities were absent or had to spend much more than expected.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedDonald Trump Becomes First Former US President Guilty of CrimesSouth Africa Election Results With 29% Voting Districts InTrump Is Guilty on All Counts in Hush-Money Case. Now What?W
GOBankingRates
Verizon, T-Mobile or AT&T Stock: Which Is the Best Investment?
Verizon, T-Mobile and AT&T are known as the three major players in the telecommunications industry. You might have already decided on which one you prefer when it comes to your phone service --...
Yahoo Finance AU
HECS indexation: Millions of Aussies set for $1,200 pain from today
People like Lauren will have hundreds or even thousands of dollars added to their bill.
GOBankingRates
I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have
Though your pre-retirement income alone isn't enough to determine whether you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you can...
Bloomberg
Norway Wealth Fund Holdings Scrutinized for Israel Defense Links
(Bloomberg) -- The ethics council for Norway’s $1.6 trillion sovereign wealth fund is investigating which companies are selling weapons to Israel for use in its war against Hamas in Gaza, and may advise divesting a “very limited” number of arms manufacturers.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Donald Trump Becomes First Former US President Guilty of CrimesS&P 500 Spikes in Final 20
Reuters
China's factory activity unexpectedly dips as property pain persists
BEIJING (Reuters) -China's manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world's second-largest economy continues to weigh on business, consumer and investor confidence. "I think the data particularly reflects soft domestic demand, the housing sector continued to worsen and retail sales were not strong," said Xu Tianchen, senior economist at the Economist Intelligence Unit.
Reuters
Oil settles down ahead of OPEC+ meeting, posts weekly loss
NEW YORK (Reuters) -Oil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday that will determine the fate of the producer group's output cuts. Brent futures for July delivery were down 24 cents, or 0.3%, to $81.62 a barrel, while the more liquid August contract was down 77 cents, or 0.8%, at $81.11. U.S. West Texas Intermediate (WTI) crude futures fell 92 cents, or 1.2%, at $76.99.
Investing.com
Morgan Stanley hikes Japan automaker targets, Honda the top pick
Investing.com-- Morgan Stanley analysts hiked their price targets on Toyota and Honda , while citing the latter as their top pick among Japanese automakers on improved profitability prospects and sustained shareholder returns.
Bloomberg
Saudi Fund Joins $400 Million Financing for China AI Firm Zhipu
(Bloomberg) -- Saudi Arabia’s Prosperity7 Ventures, LLC joined the latest financing round for up-and-coming startup Zhipu AI, becoming the first known foreign firm to back a major Chinese player in generative artificial intelligence. Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedDonald Trump Becomes First Former US President Guilty of CrimesTrump Is Guilty on All Counts in Hush-Money Case. Now What?South Africa Election Results With 29% Voting Distr
Reuters
Analysis-'Bothersome' rebound in US yields casts shadow on stocks at record highs
Treasury yields are on the rise again, presenting a potential obstacle to a U.S. stock rally that has taken major indexes to record highs. The benchmark 10-year Treasury yield, which moves inversely to bond prices, hit nearly 4.64% this week, its highest level in about a month. The interplay between stocks and yields has been a key dynamic in markets this year.
Bloomberg
Ex-CEO Gets $2.8 Billion From Sale a Decade After Dreyfus Ouster
(Bloomberg) -- Jacques Veyrat received the renewable energy business now known as Neoen SA as part of an exit package after losing a power struggle with the widow of his former boss. Now he’s on the verge of pocketing €2.6 billion ($2.8 billion) from its sale. Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedDonald Trump Becomes First Former US President Guilty of CrimesTrump Is Guilty on All Counts in Hush-Money Case. Now What?S&P 500 Spikes in Final
Bloomberg
India Bankers Brace for IPO Surge as Election Uncertainty Lifts
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Dow surpasses 40,000, Walmart’s stock hits a record high: Yahoo Finance

Latest stories

Charlie Munger once revealed how investors can beat the stock market — here are 3 of his essential tips

$5,500 tax deductions Aussies miss on tax returns: ‘Big difference’

‘I'm not his biggest fan': Elon Musk says Warren Buffett's way of getting rich is 'pretty boring'

CCC Intelligent Solutions Holdings Inc.'s (NASDAQ:CCCS) market cap decline of US$414m may not have as much of an impact on institutional owners after a year of 0.7% returns

‘1,000 restaurants’: GYG’s shock $2.2bn move

Yen weakness persists despite Tokyo's $62 billion intervention

Three Growth Companies On SIX Swiss Exchange With Insider Ownership As High As 30%

How the cashless society is hurting the poorest

Japan to Answer ¥9.4 Trillion Question on Currency Intervention

Verizon, T-Mobile or AT&T Stock: Which Is the Best Investment?

HECS indexation: Millions of Aussies set for $1,200 pain from today

I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have

Norway Wealth Fund Holdings Scrutinized for Israel Defense Links

China's factory activity unexpectedly dips as property pain persists

Oil settles down ahead of OPEC+ meeting, posts weekly loss

Morgan Stanley hikes Japan automaker targets, Honda the top pick

Saudi Fund Joins $400 Million Financing for China AI Firm Zhipu

Analysis-'Bothersome' rebound in US yields casts shadow on stocks at record highs

Ex-CEO Gets $2.8 Billion From Sale a Decade After Dreyfus Ouster

India Bankers Brace for IPO Surge as Election Uncertainty Lifts