Company News for Apr 22, 2024

The Smart Investor
3 Singapore Blue-Chip Stocks That Reported Solid Earnings
Here are three Singapore blue-chip stocks that delivered a robust set of earnings. The post 3 Singapore Blue-Chip Stocks That Reported Solid Earnings appeared first on The Smart Investor.
Fortune
Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?
Independent researchers painted a bleak picture of Apple’s China business during the most recent quarter, but the damage was lighter than expected.
The Telegraph
Apple suffers $91bn hit to sales as Chinese shoppers ditch iPhones
Apple has suffered its biggest drop in iPhone sales for more than three years as Chinese shoppers turn away from the company and embrace domestic rivals such as Huawei.
Yahoo Finance
Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%
Surprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
Benzinga
Warren Buffett Shares A Secret Weapon For Success — 'We've Done Better By Avoiding Dragons Than By Slaying Them'
Warren Buffett’s annual Berkshire Hathaway letters are a breath of fresh air in finance. Packed with investment wisdom, they transcend the trading floor and offer practical advice applicable to anyone seeking success in life. Buffett’s genius lies in his ability to distill complex financial concepts into simple, actionable principles. Whether you’re a seasoned investor or navigating daily decisions, his insights prove valuable. Don't Miss: Are you rich? Here’s what Americans think you need to be
Yahoo Finance
Apple CEO Tim Cook boasts of future AI plans after earnings beat
Apple CEO Tim Cook boasted about the company's upcoming generative AI plans during the iPhone maker's Q2 earnings call.
Reuters
Global hedge funds chase Hong Kong stocks rally, UBS says
Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note. Hong Kong's stock markets, which closely mirror China's struggling performance, have recovered since March as Beijing rolled out economic support measures. Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering.
BBC
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
CNN Business
Apple plans record $110 billion share buyback amid challenging earnings report
Apple on Thursday posted first-quarter revenue of $90.8 billion, down 4% year over year, as the iPhone maker continues to struggle with growth challenges, particularly in China, amid an uncertain economic environment.
Zacks
Should Investors Buy the Dip in AMD (AMD) or Super Micro Computer's (SMCI) Stock After Earnings?
Investors may be wondering if it's time to buy the post-earnings dip in AMD (AMD) and Super Micro Computer's (SMCI) stock as both are AI leaders.
Simply Wall St.
HRnetGroup (SGX:CHZ) Will Pay A Larger Dividend Than Last Year At SGD0.0213
The board of HRnetGroup Limited ( SGX:CHZ ) has announced that it will be increasing its dividend by 14% on the 24th of...
The Edge Singapore
Venture Corp reports net profit of $60.1 mil for 1QFY2024, 18.3% lower y-o-y
Revenue for the quarter fell by 18.9% y-o-y to $666.7 million.
Barrons.com
Bitcoin Nurses Its Wounds After Its Worst Stretch This Year. What Comes Next.
Bitcoin fell more than 10% in the first three days of this week, the worst three-day stretch since August 2023.
Barrons.com
DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
Benzinga
Google Eliminates 200 Jobs, Moves Roles to India And Mexico As Part Of Cost-Trimming Efforts
This story was first published on the Benzinga India portal. As part of a significant cost-cutting strategy, Alphabet Inc's Google (NASDAQ: GOOGL) recently eliminated approximately 200 roles from its core team and relocated some positions to India and Mexico. The tech giant also slashed nearly 50 engineering roles stationed at its California headquarters. According to internal documents obtained by CNBC, Google intends to recruit new staff in India and Mexico to fill these vacated roles. The cor
Yahoo Finance Video
Nio's EV deliveries soared by 134% year-over-year in April
Chinese EV maker Nio's (NIO) vehicle deliveries soared by over 134% year-over-year in the month of April. Morning Brief Co-Hosts Akiko Fujita and Brad Smith break down Nio's latest delivery figures as Chinese electric vehicle companies are in a heated price war with competitor Tesla (TSLA) in China's auto market. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Reuters
Analysis-Japan faces a tough tug-of-war with yen bears
Japan appears to have bought some time and respite for a tumbling yen through its latest bursts of suspected , yet it has also set itself up for a protracted war with a market that views the currency as a compelling sell, analysts say. Traders estimate the Bank of Japan (BOJ) spent nearly $59 billion defending the currency this week, helping to put the yen on track for its best weekly performance in over a year. The yen has swung wildly during the suspected intervention bouts, gaining nearly 5 yen in a matter of minutes and relinquishing part of that speedily.
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...
The Telegraph
Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise
Traders have pulled forward their expectations for the first interest rate cuts in the US as the economy added fewer jobs than expected.
Zacks
NIO Inc. (NIO) Stock Sinks As Market Gains: Here's Why
NIO Inc. (NIO) concluded the recent trading session at $5.57, signifying a -0.36% move from its prior day's close.

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Company News for Apr 22, 2024

Latest stories

3 Singapore Blue-Chip Stocks That Reported Solid Earnings

Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?

Apple suffers $91bn hit to sales as Chinese shoppers ditch iPhones

Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%

Warren Buffett Shares A Secret Weapon For Success — 'We've Done Better By Avoiding Dragons Than By Slaying Them'

Apple CEO Tim Cook boasts of future AI plans after earnings beat

Global hedge funds chase Hong Kong stocks rally, UBS says

Apple sales fall in nearly all countries

Apple plans record $110 billion share buyback amid challenging earnings report

Should Investors Buy the Dip in AMD (AMD) or Super Micro Computer's (SMCI) Stock After Earnings?

HRnetGroup (SGX:CHZ) Will Pay A Larger Dividend Than Last Year At SGD0.0213

Venture Corp reports net profit of $60.1 mil for 1QFY2024, 18.3% lower y-o-y

Bitcoin Nurses Its Wounds After Its Worst Stretch This Year. What Comes Next.

DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’

Google Eliminates 200 Jobs, Moves Roles to India And Mexico As Part Of Cost-Trimming Efforts

Nio's EV deliveries soared by 134% year-over-year in April

Analysis-Japan faces a tough tug-of-war with yen bears

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

Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise

NIO Inc. (NIO) Stock Sinks As Market Gains: Here's Why