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KUALA LUMPUR (Feb 27): Investment and trading app Moomoo, which has made its mark in Singapore, is now in Malaysia, and aims to focus on educating young investors and increasing their participation in the stock market.
Developed by global financial technology group Futu Holdings Ltd based in California, the US, Moomoo has secured a capital market services licence from the Securities Commission Malaysia to operate in Mala...
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$CrowdStrike(CRWD.US$ is scheduled to report fourth-quarter earnings on Tuesday,05 March after market close.
Market analysts is expecting a year-over-year increase in both the top and bottom lines, with earnings per share of $0.82 on revenues of $839.96 million. CrowdStrike is expected to post strong fourth-quarter results, benefiting from strong demand for its cybersecurity amidst an increase in online threats.
Bu...
Market analysts is expecting a year-over-year increase in both the top and bottom lines, with earnings per share of $0.82 on revenues of $839.96 million. CrowdStrike is expected to post strong fourth-quarter results, benefiting from strong demand for its cybersecurity amidst an increase in online threats.
Bu...
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In 2023, $Gold Futures(JUN4)(GCmain.US$ shone brightly among global asset classes, with international prices climbing by 13%. This year, the precious metal's value achieved a breakthrough, with spot gold momentarily surpassing the $2,160 per ounce mark on Thursday, setting a new historic record.
What's Fueling the Surge in Gold Prices?
1. Expectations for Monetary Easing: Recent weakening in U.S. economic data has reign...
What's Fueling the Surge in Gold Prices?
1. Expectations for Monetary Easing: Recent weakening in U.S. economic data has reign...
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G'day, mooers! Check out the latest news on today's stock market!
• Stocks rebound as Powell expects a pivot to rate cuts
• ASX to rise; gold hits record high
• Stocks to watch: Origin, Commonwealth Bank
Wall Street Summary
On Wednesday, US investors processed Federal Reserve Chair Jerome Powell's remarks that rate cuts are still possible this year, resulting in a sharp rebound for tech stocks, which had led a significant decline in the broader ...
• Stocks rebound as Powell expects a pivot to rate cuts
• ASX to rise; gold hits record high
• Stocks to watch: Origin, Commonwealth Bank
Wall Street Summary
On Wednesday, US investors processed Federal Reserve Chair Jerome Powell's remarks that rate cuts are still possible this year, resulting in a sharp rebound for tech stocks, which had led a significant decline in the broader ...
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Singapore shares rose at the opening bell on Thursday (Mar 7) morning, tracking overnight gains in global markets.
$FTSE Singapore Straits Time Index(.STI.SG$gained 0.1 per cent or 3.03 points to 3,139.17 as at 9.01 am. Across the broader market, gainers outnumbered losers 55 to 28 after 25.7 million securities worth S$27.3 million changed hands.
$Seatrium(S51.SG$ was the most heavily traded counter by volume. It gained 1.1 per cent or S$0.001 to S$0.092 after...
$FTSE Singapore Straits Time Index(.STI.SG$gained 0.1 per cent or 3.03 points to 3,139.17 as at 9.01 am. Across the broader market, gainers outnumbered losers 55 to 28 after 25.7 million securities worth S$27.3 million changed hands.
$Seatrium(S51.SG$ was the most heavily traded counter by volume. It gained 1.1 per cent or S$0.001 to S$0.092 after...
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$Tesla(TSLA.US$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ $BYD COMPANY(01211.HK$ Tesla's "gigafactory" near Berlin was evacuated Tuesday after a fire and major power outage that was being investigated as a suspected case of arson. Police in the state of Brandenburg said they were inspecting a letter the force had received claiming that a far-left environmental organization was responsible for the fire, but that it had yet to be authen...
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Stocks regain ground
Wall Street ended Wednesday's session higher, snapping a two-day losing streak. The Dow finished about 0.2% higher. The $S&P 500 Index(.SPX.US$ and Nasdaq Composite added around 0.5% and 0.6%, respectively, as investors looked ahead to Fed Chair Jerome Powell's second day of testimony on Capitol Hill.
Powell reiterates stance
Powell repeated that the central bank isn't ready to start lowering interest rates, in prepared remarks for his first day o...
Wall Street ended Wednesday's session higher, snapping a two-day losing streak. The Dow finished about 0.2% higher. The $S&P 500 Index(.SPX.US$ and Nasdaq Composite added around 0.5% and 0.6%, respectively, as investors looked ahead to Fed Chair Jerome Powell's second day of testimony on Capitol Hill.
Powell reiterates stance
Powell repeated that the central bank isn't ready to start lowering interest rates, in prepared remarks for his first day o...
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Goldman Sachs on Friday's jobs report
Goldman Sachs presents its forecast for the upcoming February jobs report, predicting a deceleration in payroll growth to 215k from January's exceptional figures. The forecast is grounded in the expectation of a normalization following January's one-off surge, attributed to seasonal adjustments and low layoff rates, with February's mild weather potentially adding 30-50k jobs. Additionally, Goldman Sach...
Goldman Sachs presents its forecast for the upcoming February jobs report, predicting a deceleration in payroll growth to 215k from January's exceptional figures. The forecast is grounded in the expectation of a normalization following January's one-off surge, attributed to seasonal adjustments and low layoff rates, with February's mild weather potentially adding 30-50k jobs. Additionally, Goldman Sach...
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February's nonfarm payrolls report will be released at 8:30 ET this Friday. The consensus estimate polled by Bloomberg shows that nonfarm payroll is expected to increase by 200K. The unemployment rate is expected to remain at 3.7%.
Even if the pace of hiring could slow following the reported hiring surge in January, February hiring typically is rather strong as firms increase headcount after post-holiday layoffs...
Even if the pace of hiring could slow following the reported hiring surge in January, February hiring typically is rather strong as firms increase headcount after post-holiday layoffs...
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