Q1 2024 results: KPN delivers solid start to the year

The Smart Investor
3 Singapore Blue-Chip Stocks with Dividend Yields of 6% or Higher
We feature three attractive blue-chip stocks sporting dividend yields of 6% or more. The post 3 Singapore Blue-Chip Stocks with Dividend Yields of 6% or Higher appeared first on The Smart Investor.
CNN Business
McDonald’s, Apple and Tesla can’t bet on making a fortune in China anymore
For decades, Western companies made a fortune betting on the inexorable rise of the Chinese consumer. Now an economic slump and the emergence of ferocious local competitors means those bets look less safe as price wars erupt.
WSJ
How China’s ‘Firewater’ Became the World’s Most Valuable Liquor Brand
Moutai is the world’s largest beverage company by market cap, yet it remains largely obscure among global consumers. WSJ looks at the liquor giant’s business strategies and the challenges ahead. Photo: Chen Yong/VCG via Getty Images
Simply Wall St.
Boustead Singapore Limited (SGX:F9D) insiders seem bullish, own 46% and have been buying more recently
Key Insights Insiders appear to have a vested interest in Boustead Singapore's growth, as seen by their sizeable...
Zacks
Why "Sell in May?" Instead, Buy These 5 Growth Stocks Now
As the stock market continues to scale upward, it's prudent to invest in growth stocks such as Agnico Eagle Mines (AEM), Abercrombie & Fitch (ANF), Amazon (AMZN), Alphabet (GOOGL) and Hess (HES).
The Smart Investor
OCBC Launched a Takeover Offer for Great Eastern: Positive or Negative for Investors?
OCBC has made an offer for insurer Great Eastern Holdings. Will this move benefit the lender? The post OCBC Launched a Takeover Offer for Great Eastern: Positive or Negative for Investors? appeared first on The Smart Investor.
Zacks
What You Need to Know Ahead of Alibaba's (BABA) Q4 Earnings
Alibaba's (BABA) fiscal fourth-quarter results are likely to reflect strength in the International commerce, logistics, local services and cloud businesses despite macroeconomic concerns in China.
The Edge Singapore
Genting Singapore shares higher following 1QFY2024 earnings that nearly doubled
Genting Singapore shares traded as high as 93 cents, or up 5.08% over last Friday's close
Yahoo Finance
How rich homebuyers are avoiding high mortgage rates
Homebuyers with means are turning to an old strategy to get around a new crop of high mortgage rates: all-cash deals.
Fortune
The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry Bannister warns
Stifel's Bannister expects the S&P 500 to drop 10% by the end of the third quarter because the 'pseudo recession' that helped tame inflation is now over.
Bloomberg
Chinese silver trading powerhouse eyes expansion in Singapore
The company hopes to grow its trading team in Singapore from the current four to 15 to 20, said its general manager Eric Hu.
Reuters
China's Tencent posts solid revenue growth as ad sales, business services shine
HONG KONG (Reuters) -China's Tencent Holdings posted a 6% rise in first-quarter revenue on Tuesday, beating analyst expectations, as business services and advertising sales delivered strong revenue growth. China's biggest internet company and operator of the WeChat messaging platform said revenue reached 159.5 billion yuan ($22.04 billion) for the three months ended March 31. That marks the fifth straight quarter where Tencent has experienced quarterly revenue growth as it comes out of Beijing's regulatory crackdown in 2022.
Reuters
Archegos' Hwang lied to become Wall Street legend, prosecutors say as trial begins
(Reuters) -Sung Kook "Bill" Hwang tried to trick all of Wall Street, a federal prosecutor told a Manhattan federal jury, as his trial on charges stemming from the 2021 collapse of Hwang's $36 billion fund Archegos Capital Management began on Monday. Prosecutors say Hwang lied to Wall Street banks to secure billions of dollars of funding he used to inflate stock prices. Former Archegos Chief Financial Officer Patrick Halligan, who is also on trial, enabled the scheme, they claim.
CNN Business
GameStop, AMC shares skyrocket after meme stock trader posts for first time in 3 years
The surprise social media return of the trader who helped ignite the meme stock frenzy in 2021 sent GameStop shares skyrocketing Monday. The surge had nothing to do with the troubled company’s fundamentals — and everything to do with a cartoon of a gamer that the trader, nicknamed Roaring Kitty, shared on X.
Yahoo Finance Video
GameStop meme trade's origins: Who is Roaring Kitty?
GameStop (GME) is back in the spotlight after trader Keith Gill, known as "Roaring Kitty" online, resurfaced with a post on X. Gill led the GameStop short squeeze in 2021, and following his online comeback, shares of the video game retailer soared nearly 80%. Yahoo Finance Head of News Myles Udland recaps the meme stock's frenzy and what to expect of Roaring Kitty this time around. "There is a very clear momentum when a certain person — in this case, Keith Gill, also known as Roaring Kitty — speaks about a certain stock, in this case, GameStop. There is an impulse to buy it because of what has happened in the past," Udland explains. Gill gave detailed breakdowns of GameStop's business back in 2020, telling Reddit users that the stock was undervalued. "He was a true believer way before there was any meme," Udland says. The resurgence of "Roaring Kitty" has already popped meme stocks as traders look to see what call Gill might make next. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
GOBankingRates
The Rockefellers Are Still One of the Richest Families of All Time — 5 Ways They Created Generational Wealth
Only 10% of family wealth makes it to the third generation, according to a landmark Williams Group wealth consultancy study reported by Reuters in 2015. But a handful of families throughout history...
Reuters
S&P 500 barely changes as investors hold tight ahead of inflation data
(Reuters) -The S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they awaited key inflation readings and earnings reports due this week while a survey showed consumers concerned about inflation. A Federal Reserve Bank of New York survey, released on Monday, found that Americans see inflation at 3.3% a year from now from March’s 3% while they expect inflation three years from now at 2.8%. This followed a University of Michigan report on Friday that showed U.S. consumer sentiment sagged to a six-month low in May as households worried about the cost of living.
Insider Monkey
Marchex, Inc. (NASDAQ:MCHX) Q3 2024 Earnings Call Transcript
Marchex, Inc. (NASDAQ:MCHX) Q3 2024 Earnings Call Transcript May 12, 2024 Marchex, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello all and welcome to the Marchex First Quarter 2024 Earnings Call. My name is Lydia [ph] and I’ll […]
Deadline
Meme Stock Guru Roaring Kitty Reappears And It’s Blast Off For GameStop, AMC Entertainment
Shares of GameStop and AMC Entertainment exploded Monday, up close to 80% and 50%, respectively, as Roaring Kitty, aka Keith Gill, the trader and Reddit celebrity who sparked the so-called meme stock revolution on Wall Street starting in early 2021, posted on X (formerly Twitter) for the first time in almost three years. Gill, a …
Reuters
HEDGE FLOW-Hedge funds sell stocks at the fastest pace in five months, says Goldman
Hedge funds sold single stocks at the fastest pace in five months in the week to May 10, Goldman Sachs said in a client letter, ahead of U.S. inflation figures that could determine global central banks' next moves. Sellers also outweighed buyers of global equities for the first time in four weeks, the Goldman Sachs prime brokerage note which tracks hedge fund activity showed. A reading of U.S. inflation this week could be the deciding factor for near-term market direction.

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Q1 2024 results: KPN delivers solid start to the year

Latest stories

3 Singapore Blue-Chip Stocks with Dividend Yields of 6% or Higher

McDonald’s, Apple and Tesla can’t bet on making a fortune in China anymore

How China’s ‘Firewater’ Became the World’s Most Valuable Liquor Brand

Boustead Singapore Limited (SGX:F9D) insiders seem bullish, own 46% and have been buying more recently

Why "Sell in May?" Instead, Buy These 5 Growth Stocks Now

OCBC Launched a Takeover Offer for Great Eastern: Positive or Negative for Investors?

What You Need to Know Ahead of Alibaba's (BABA) Q4 Earnings

Genting Singapore shares higher following 1QFY2024 earnings that nearly doubled

How rich homebuyers are avoiding high mortgage rates

The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry Bannister warns

Chinese silver trading powerhouse eyes expansion in Singapore

China's Tencent posts solid revenue growth as ad sales, business services shine

Archegos' Hwang lied to become Wall Street legend, prosecutors say as trial begins

GameStop, AMC shares skyrocket after meme stock trader posts for first time in 3 years

GameStop meme trade's origins: Who is Roaring Kitty?

The Rockefellers Are Still One of the Richest Families of All Time — 5 Ways They Created Generational Wealth

S&P 500 barely changes as investors hold tight ahead of inflation data

Marchex, Inc. (NASDAQ:MCHX) Q3 2024 Earnings Call Transcript

Meme Stock Guru Roaring Kitty Reappears And It’s Blast Off For GameStop, AMC Entertainment

HEDGE FLOW-Hedge funds sell stocks at the fastest pace in five months, says Goldman