Phillips stock jumps after $1.1B settlement reached

Yahoo Finance AU
Commonwealth Bank's huge $10k move to help Aussies crack the property market
You won't have to spend years saving tens of thousands to get a foot on the ladder.
The Daily Beast
Trump Media Reports $327M First Quarter Loss, Posts Revenue of Just $770K
STR/NurPhoto via Getty ImagesTrump Media & Technology Group, the company that owns Truth Social, on Monday posted an alarming loss and less than $1 million in revenue in its first quarter since going public. Trump Media, which began trading in March under the ticker symbol DJT, reported $770,500 in revenue—crediting its “nascent advertising initiative”—down from $1.1 million last year. However, it also reported a net loss of $327.6 million during the first three months of the year, compared with
BBC
Inflation rate falls to lowest in almost three years
Prices rose at 2.3% in the year to April, down from 3.2% the month before, official figures said.
Yahoo Finance AU
Expert warns Aussies common dog breed could cost you when trying for a home loan: 'Most people don't realise'
Lenders can adjust a person's borrowing power and the breed can also influence their decision.
Evening Standard
UK retail investors increasingly betting on India, new data shows
According to data from Interactive Investor, India is by far the most popular emerging market for British retail investors, beating out China
Reuters
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
Simply Wall St.
Positive Signs As Multiple Insiders Buy City Chic Collective Stock
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it...
Bloomberg
Philippines Warns of Intervention as Peso Drops Past Key Level
(Bloomberg) -- The Philippine central bank warned it will intervene in the currency market after the peso dropped past the key 58-per-dollar level.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML, TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyTesla Shareholder Group Slams Elon Musk’s $56 Billion Pay PackageJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Authorities will step in
Insider Monkey
Billionaire Ray Dalio is Selling These 4 Tech Stocks in 2024
In this article we take a look at 4 tech stocks Ray Dalio’s Bridgewater Associates was selling in Q1’2024. To see more such stocks, click Billionaire Ray Dalio is Selling These Tech Stocks in 2024. 4. SunPower Corporation (NYSE:SPWR) Number of Hedge Fund Holders: 14 SunPower Corporation (NYSE:SPWR) makes photovoltaic solar energy generation systems and […]
GOBankingRates
Suze Orman: This Is the Biggest Mistake You Can Make When Saving For Retirement
When it comes to saving for retirement, you have a few options for where to keep your money. If you're deciding between a traditional versus a Roth account, Suze Orman said there's only one good...
Moneywise
How much is enough to retire in America: $500K, $1M or even more? Understand how big your nest egg needs to be
Deciding how much to save for retirement can be complicated.
Bloomberg
Citi Trader Got 711 Warning Messages Before Sparking Flash Crash
(Bloomberg) -- For one Citigroup Inc. trader in London, the morning of May 2, 2022 went from bad to worse. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air Flight Hit By Severe TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash Crash‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorIt was a public holiday in the UK, so it should have been a quiet day in the markets. A little before 9 a.m.
Reuters
Anglo shareholder LGIM supports break-up plan as BHP circles
Anglo American shareholder Legal & General Investment Management (LGIM) supports the break-up plan announced by the company last week, it said on Monday, as the deadline approaches for BHP Group to log a formal takeover offer. The radical plan to divest Anglo's less profitable coal, nickel, diamond and platinum businesses followed its rejection of two all-share takeover approaches from BHP, the world's biggest listed mining group, which had proposed a $43 billion deal on the condition that Anglo first spins off its South African operations. "The plan outlined by Anglo American is a radical but attractive strategy to create value for long-term investors," said Nick Stansbury, head of climate solutions at LGIM.
Evening Standard
Jeremy Hunt Inflation Has Fallen To 2.3% - The Lowest Level In Almost Three Years-
Jeremy Hunt Inflation Has Fallen To 2.3% - The Lowest Level In Almost Three Years-
Simply Wall St.
Insider-Owned Indian Growth Companies To Watch In May 2024
The Indian market has shown robust performance, with a 3.7% rise over the past week and an impressive 44% climb over the last year. With earnings expected to grow by 17% annually, companies with high insider ownership might offer valuable stability and growth potential in this flourishing environment.
BuzzFeed
People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City
"Restaurants brought out the servings slowly and were like, 'Nobody is going to sit there for hours and just eat them.' Actually, lots of people did."
NCA NewsWire
RBA keeps door open to another rate hike
Admitting the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
Bloomberg
Turkish Rates Likely Already at Peak Even If Inflation Isn’t Yet
(Bloomberg) -- Turkey’s central bank is set to look past a final spurt in inflation to around 75% this month, likely extending an interest-rate pause it justifies by focusing on more optimistic projections.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air Flight Hit By Severe TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash Crash‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorThe highe
Simply Wall St.
Exploring Three US Growth Companies With High Insider Ownership
As the S&P 500 continues to set records, reflecting a robust appetite for equities amid fluctuating global markets, investors are increasingly focused on the fundamentals that drive long-term value. In this context, growth companies with high insider ownership can be particularly compelling, as significant insider stakes often align management’s interests with those of shareholders, potentially leading to more sustainable company performance in these volatile times.
NCA NewsWire
Major bank’s call on pending tax cut
One major Aussie bank has made a huge call about how people will use their tax cut cash boost in the coming months, warning not to expect a shopping spree.

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Phillips stock jumps after $1.1B settlement reached

Latest stories

Commonwealth Bank's huge $10k move to help Aussies crack the property market

Trump Media Reports $327M First Quarter Loss, Posts Revenue of Just $770K

Inflation rate falls to lowest in almost three years

Expert warns Aussies common dog breed could cost you when trying for a home loan: 'Most people don't realise'

UK retail investors increasingly betting on India, new data shows

Nvidia earnings could spark $200 billion swing in shares, options show

Positive Signs As Multiple Insiders Buy City Chic Collective Stock

Philippines Warns of Intervention as Peso Drops Past Key Level

Billionaire Ray Dalio is Selling These 4 Tech Stocks in 2024

Suze Orman: This Is the Biggest Mistake You Can Make When Saving For Retirement

How much is enough to retire in America: $500K, $1M or even more? Understand how big your nest egg needs to be

Citi Trader Got 711 Warning Messages Before Sparking Flash Crash

Anglo shareholder LGIM supports break-up plan as BHP circles

Jeremy Hunt Inflation Has Fallen To 2.3% - The Lowest Level In Almost Three Years-

Insider-Owned Indian Growth Companies To Watch In May 2024

People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City

RBA keeps door open to another rate hike

Turkish Rates Likely Already at Peak Even If Inflation Isn’t Yet

Exploring Three US Growth Companies With High Insider Ownership

Major bank’s call on pending tax cut