PCE inflation data, ExxonMobil earnings: What to Watch

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.
Simply Wall St.
DBS Group Holdings (SGX:D05) Will Pay A Dividend Of SGD0.54
The board of DBS Group Holdings Ltd ( SGX:D05 ) has announced that it will pay a dividend on the 20th of May, with...
Barrons.com
Intel CEO Pat Gelsinger Picks Up Stock Near 2024 Low
Intel stock continued a 2024 slump in late April after the chip maker provided disappointing guidance. With the shares trading at their lows for this year, CEO Pat Gelsinger bought up Intel stock on the open market. According to forms he filed with the Securities and Exchange Commission, Gelsinger purchased the stock through a family trust that now owns 39,400 shares.
Associated Press
Berkshire's profit plunges 64% on portfolio holdings as Buffett it sells Apple
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
Fortune
It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%
“For those grappling with renewed stagflation fears, this payrolls report supports what Powell said earlier this week about not seeing the ‘stag’ or the ‘-flation’ right now,” J.P. Morgan’s Elyse Ausenbaugh noted.
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
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.
Simply Wall St.
Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future
Key Insights Kimly's significant insider ownership suggests inherent interests in company's expansion A total of 3...
GOBankingRates
I Manage Money For Millionaires: 3 Things Wealthy Americans Never Spend Their Money On — and Two Things They Shouldn’t
James Baldwin famously said, "Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor." In January 2014, long after the Great Recession but before the pandemic,...
GOBankingRates
Here Are 5 Things You Should Only Pay For in Cash
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
Simply Wall St.
Don't Race Out To Buy The Straits Trading Company Limited (SGX:S20) Just Because It's Going Ex-Dividend
Readers hoping to buy The Straits Trading Company Limited ( SGX:S20 ) for its dividend will need to make their move...
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.
Reuters
Ping An votes against reappointment of HSBC CEO as director, source says
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move. Quinn, who has announced he will step down as chief executive once a successor is appointed, last year defeated Ping An's long campaign to get HSBC to spin off its Asia business. Europe's biggest bank had faced proposals submitted by Hong Kong-based individual investor Ken Lui and backed by its biggest Asian shareholder Ping An to consider a radical restructuring and to boost its dividends.
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.’
Simply Wall St.
GSH Corporation Limited (SGX:BDX) boasts of bullish insider sentiment with 78% ownership and they have been buying lately
Key Insights Significant insider control over GSH implies vested interests in company growth Seng Hui Goi owns 64% of...
The Smart Investor
Top Stock Market Highlights of the Week: US Interest Rates, Wilmar International and CDL Hospitality Trusts
This week, we look at the direction of US interest rates along with the latest business update from a popular hospitality trust. The post Top Stock Market Highlights of the Week: US Interest Rates, Wilmar International and CDL Hospitality Trusts appeared first on The Smart Investor.
Reuters
Norway wealth fund to back Barclays CEO, chair at AGM
OSLO (Reuters) -Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday. Norges Bank Investment Management (NBIM) will also support Barclays' proposed bonus policy change for so-called material risk takers (MRTs), like it recently did at rival bank HSBC, an updated list of NBIM's voting intentions showed.
GOBankingRates
6 Ways To Build Wealth Slowly but Efficiently
One of the major components of the American Dream is working hard and becoming wealthy some day. But growing your wealth isn't something that happens overnight. Like Warren Buffett said, "It's pretty...
Zacks
Are Oils-Energy Stocks Lagging Petroleo Brasileiro (PBR) This Year?
Here is how Petrobras (PBR) and Berry Petroleum (BRY) have performed compared to their sector so far this year.
CNN Business
Boeing has lost $32 billion since 2019, with no end in sight. How long can it keep losing money?
Few companies have lost more than the $32 billion that Boeing has lost in the last five years. And fewer companies could lose that kind of money and not be facing bankruptcy — or worse.

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PCE inflation data, ExxonMobil earnings: What to Watch

Latest stories

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

DBS Group Holdings (SGX:D05) Will Pay A Dividend Of SGD0.54

Intel CEO Pat Gelsinger Picks Up Stock Near 2024 Low

Berkshire's profit plunges 64% on portfolio holdings as Buffett it sells Apple

It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%

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

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

Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future

I Manage Money For Millionaires: 3 Things Wealthy Americans Never Spend Their Money On — and Two Things They Shouldn’t

Here Are 5 Things You Should Only Pay For in Cash

Don't Race Out To Buy The Straits Trading Company Limited (SGX:S20) Just Because It's Going Ex-Dividend

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

Ping An votes against reappointment of HSBC CEO as director, source says

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

GSH Corporation Limited (SGX:BDX) boasts of bullish insider sentiment with 78% ownership and they have been buying lately

Top Stock Market Highlights of the Week: US Interest Rates, Wilmar International and CDL Hospitality Trusts

Norway wealth fund to back Barclays CEO, chair at AGM

6 Ways To Build Wealth Slowly but Efficiently

Are Oils-Energy Stocks Lagging Petroleo Brasileiro (PBR) This Year?

Boeing has lost $32 billion since 2019, with no end in sight. How long can it keep losing money?