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

The Smart Investor
5 Singapore Stocks Sporting Dividend Yields of 5.4% or Higher
We shine the spotlight on five Singapore dividend stocks with attractive dividend yields of 5.4% or more. The post 5 Singapore Stocks Sporting Dividend Yields of 5.4% or Higher appeared first on The Smart Investor.
Bloomberg
Foreign investors flee Thai stocks, fuelling world’s biggest drop
Foreign investors have sold Thai stocks for 13 straight days, the longest stretch since 26 Jan, partly driven by a sluggish economy, weak currency and political uncertainties.
Yahoo Finance
Federal Reserve holds interest rates steady, lowers forecast to 1 rate cut in 2024
The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one.
Bloomberg
Singapore ramps up scrutiny of family offices, hedge funds
Singapore authorities are demanding more information from family offices and hedge funds after a string of scandals highlighted cracks in the financial hub’s oversight.
Barrons.com
Bitcoin Falls. Why ETF Inflows Aren’t Boosting Crypto Prices.
The largest cryptocurrency hit a record high near $74,000 in mid-March amid a surge of interest from new spot exchange-traded funds but its price has dropped since then.
The Smart Investor
Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust
We compare two popular industrial REITs to determine which makes the better investment choice. The post Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust appeared first on The Smart Investor.
The Guardian
China’s glut of idle property causes headache for the government
The industry that has traditionally powered about a quarter of GDP has been in a downward spiral that policymakers have struggled to halt
Yahoo Finance
Stock market today: S&P 500, Nasdaq soar to fresh records after inflation cools and Fed sees improving outlook
After a cooler-than-expected inflation reading on consumer price increases in May, investors are turning focus to the Federal Reserve decision at 2 p.m. ET.
Barrons.com
After Apple’s Surge, Market Concentration Is Only Getting Worse
At the end of May, the top three stocks in the —Microsoft, Nvidia, and Apple—made up 20% of the index for the first time. For many it appears that it’s Nvidia’s world, and we’re just living in it. Such a high concentration implies that if Nvidia continues to rise, then things are fine.
Yahoo Finance
Stock market today: S&P 500, Nasdaq notch fresh records with Apple as CPI, Fed decision loom
Investors braced for a Federal Reserve meeting that should signpost the path of interest rates, with a key inflation print also waiting in the wings.
South China Morning Post
How the Cathay Pacific bailout landed Clara Chan the CEO's job at Hong Kong wealth fund
Clara Chan Ka-chai earned the monikers "goddess" and "little chilli" for deftly negotiating Cathay Pacific Airways' HK$39 billion (US$5.2 billion) rescue plan in 2020, which catapulted her into the CEO's chair at the Hong Kong Investment Corporation (HKIC). Chan's handling of the Hong Kong flag carrier's bailout within three months of the Covid-19 pandemic proved her mettle, which led her to be considered for the top job at the government-run HK$62 billion wealth fund last October, according to
Reuters
As GameStop shares gyrate, Roaring Kitty faces ticking clock on options
NEW YORK (Reuters) -The clock is ticking for Keith Gill, the stock influencer known on YouTube as "Roaring Kitty," to lock in gains on his options position in GameStop as the company’s share price swings wildly and the expiration date for the contracts draws closer. Gill helped launch the meme-stock phenomenon in 2021. The value of his sizeable GameStop options holdings briefly slipped into the red on Tuesday when the stock tumbled by as much as 8%.
Barrons.com
Buy Apple Stock, but Not for the Reason You Think
Apple stock is soaring this week, thanks to the artificial intelligence strategy the tech company announced Tuesday. Hedge funds might be helping, too—and both factors can push Apple shares even higher.
Yahoo Finance
Inflation eases in May as consumer prices rise at slower-than-expected pace
May's CPI showed inflation is cooling, raising investor hopes for Fed rate cuts.
Reuters
Citron Research closes GameStop short position
Citron Research no longer has a short position in retail traders' favorite GameStop, the short seller said on X.com on Wednesday, days after taking a bearish position in the company. Andrew Left, Citron Research's founder, had said last week he was again betting against GameStop, although his position was "significantly lower" from 2021 when he was forced to close his position after retail traders banded together in online forums and drove an eye popping rally in the stock, squeezing hedge funds. Left told Reuters he would short GameStop again if the stock reached a $45-$50 level.
Barrons.com
Apple Stock Had Historic Tuesday. S&P 500 Would Have Dropped Without Its Gain.
The iPhone maker regained the No. 2 position from Nvidia in the S&P 500 index after its share price surged.
AFP News
European stocks retreat on political unease as Apple lifts Nasdaq to record
European stock markets and the euro tumbled Tuesday amid heightened political uncertainty following weekend election results that bolstered far-right parties, while a rally in Apple shares lifted US stocks to fresh records.US bourses also began cautiously, but picked up momentum thanks to a more than seven percent surge in Apple that lifted both the S&P 500 and Nasdaq to records even as the Dow finished lower.
Zacks
Super Micro Computer, Inc. (SMCI) is Attracting Investor Attention: Here is What You Should Know
Super Micro (SMCI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Zacks
Advanced Micro Devices (AMD) Ascends But Remains Behind Market: Some Facts to Note
In the closing of the recent trading day, Advanced Micro Devices (AMD) stood at $160.24, denoting a +0.81% change from the preceding trading day.
Simply Wall St.
Celebrus Technologies plc (LON:CLBS) is a favorite amongst institutional investors who own 77%
Key Insights Institutions' substantial holdings in Celebrus Technologies implies that they have significant influence...

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

Latest stories

5 Singapore Stocks Sporting Dividend Yields of 5.4% or Higher

Foreign investors flee Thai stocks, fuelling world’s biggest drop

Federal Reserve holds interest rates steady, lowers forecast to 1 rate cut in 2024

Singapore ramps up scrutiny of family offices, hedge funds

Bitcoin Falls. Why ETF Inflows Aren’t Boosting Crypto Prices.

Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust

China’s glut of idle property causes headache for the government

Stock market today: S&P 500, Nasdaq soar to fresh records after inflation cools and Fed sees improving outlook

After Apple’s Surge, Market Concentration Is Only Getting Worse

Stock market today: S&P 500, Nasdaq notch fresh records with Apple as CPI, Fed decision loom

How the Cathay Pacific bailout landed Clara Chan the CEO's job at Hong Kong wealth fund

As GameStop shares gyrate, Roaring Kitty faces ticking clock on options

Buy Apple Stock, but Not for the Reason You Think

Inflation eases in May as consumer prices rise at slower-than-expected pace

Citron Research closes GameStop short position

Apple Stock Had Historic Tuesday. S&P 500 Would Have Dropped Without Its Gain.

European stocks retreat on political unease as Apple lifts Nasdaq to record

Super Micro Computer, Inc. (SMCI) is Attracting Investor Attention: Here is What You Should Know

Advanced Micro Devices (AMD) Ascends But Remains Behind Market: Some Facts to Note

Celebrus Technologies plc (LON:CLBS) is a favorite amongst institutional investors who own 77%