Time to Buy Amazon (AMZN) Stock After AWS Fuels Strong Q1 Results

INSIDER
It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
Simply Wall St.
Shareholders in Suntec Real Estate Investment Trust (SGX:T82U) are in the red if they invested five years ago
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to...
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Yields Up To 8.2%
As Singapore continues to embrace technological advancements, the recent unveiling of a Web3 digital banking platform by Alchemy Pay highlights the market's progressive adaptation to the evolving landscape of digital finance. In this dynamic environment, high-yield dividend stocks on the SGX offer investors potential stability and consistent returns, qualities that are particularly appealing amid the rapid changes in financial technology and payment systems.
The Independent
Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m
Company says losses are result of recent merger but share price has dropped 13.2% since Friday
The Smart Investor
Singapore Airlines Reported Record Profits for FY2024: Can its Share Price Soar?
Singapore’s flagship carrier delivered an impressive performance, but can its share price reclaim the high achieved earlier this year? The post Singapore Airlines Reported Record Profits for FY2024: Can its Share Price Soar? appeared first on The Smart Investor.
Reuters
Canada's Power Corp shuts down China unit, lays off staff, sources say
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country's economic challenges. Power Sustainable, which is the asset management arm of Power Corp and manages $4.5 billion of assets globally, started laying off all of its 17 local staff in recent weeks as it moved towards shutting down the Shanghai-based unit, said the people. Economic slowdown has seen many of the Western financial firms that scrambled to expand China operations a few years ago take a hit on their earnings and rein in their ambitions for what was a key piece of their global growth strategy.
The Smart Investor
Better Buy: CapitaLand Integrated Commercial Trust Vs CapitaLand Ascendas REIT
We compare two popular REITs under the CapitaLand banner to see which makes the better investment. The post Better Buy: CapitaLand Integrated Commercial Trust Vs CapitaLand Ascendas REIT appeared first on The Smart Investor.
Reuters
Analysis-Bulls beat a path to China stock shop but foreigners dare not go in
Emboldened by China's latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are scooping up shares in a cheap stock market, while most foreign investors are hopeful but taking it slow. Last week's sweeping measures to support the property sector, which authorities dubbed as historic, were the latest in a series of steps China has taken since February in a bid to boost consumption, funnel state money into priority sectors and underpin the stock market. "To some extent, I think what's been announced isn't yet of a scale that is going to start putting a meaningful kind of tens of percentage points onto GDP," said Sunil Krishnan, head of multi-asset funds at Aviva Investors in London.
Barrons.com
Tesla Stock Is Up Because the EV News From China Isn’t Always Bad
The stock rebounded from a Monday loss sparked by disappointing results from Li Auto. XPeng’s earnings were surprisingly strong.
Simply Wall St.
Sea Limited's (NYSE:SE) one-year returns climbed after last week's 13% gain, institutional investors must be happy
Key Insights Given the large stake in the stock by institutions, Sea's stock price might be vulnerable to their trading...
The Smart Investor
Forget the S&P 500 ETF: These 3 US Stocks Gave Better Returns
Over the past five years, there were three US stocks that beat the 93% return of the SPDR S&P 500 ETF (NYSE: SPY). And no, they are not any of the Magnificent 7 stocks. The post Forget the S&P 500 ETF: These 3 US Stocks Gave Better Returns appeared first on The Smart Investor.
Bloomberg
Malaysia’s GDP growth surprises as recovery accelerates
Malaysia’s economy grew faster than initially estimated in the first quarter, driven by private spending and a rebound in exports.
Reuters
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
Barrons.com
XPeng Stock Jumps on Earnings. There’s Hope for China EVs.
XPeng stock rose Tuesday after the Chinese electric-vehicle maker reported better-than-expected first-quarter numbers. A year ago, XPeng reported a per-share loss of 38 cents on sales of $573 million. Quarterly gross profit margins were about 13%, up about 11 percentage points year over year and about two percentage points better than analysts’ forecasts.
CNN Business
Jamie Dimon could step down sooner than expected. Here’s who could run the country’s biggest bank
JPMorgan Chase CEO Jamie Dimon has bumped up his retirement plans, the longtime head of America’s largest bank said Monday.
Reuters
Dollar firm as Fed officials urge patience on rate cuts
The U.S. dollar edged up against the euro on Tuesday, as Federal Reserve policymakers said it is prudent for the U.S. central bank to wait several more months to ensure that inflation really is back on a path to the 2% target before commencing interest rate cuts. Fed Governor Christopher Waller told the Peterson Institute for International Economics in Washington, on Tuesday, he would need to see several more months of good inflation data before he would be comfortable supporting an easing in the stance of monetary policy. Waller, however, did put a pin in any speculation that interest rates may need to rise again for demand to soften enough to ease price pressures further, saying the latest inflation data is "reassuring" and the probability of a rate hike is "very low."
Zacks
General Motors (GM) & LG to Create $150M Fund for Bolt Owners
General Motors (GM) and LG agree to create a $150 million fund to compensate Chevrolet Bolt EV owners affected by faulty batteries.
Reuters
Gold slips on profit taking, investors eye Fed minutes
(Reuters) -Gold prices fell over 1% on Wednesday as the gold rally cooled with investors booking profits, while focus shifted to minutes from the Federal Reserve's recent policy meeting for more clarity on the central bank's rate trajectory. Spot gold fell 1.3% at $2,389.39 per ounce as of 1419 GMT. "Anytime you have a rally as long and as dramatic as gold, naturally you can see some profit taking," said Everett Millman, chief market analyst with Gainesville Coins, adding that he expects gold to consolidate and retest the $2,300 level.
INSIDER
Trump Media lost $327 million last quarter. It's still valued at more than $6 billion.
Truth Social earned $770,500 from advertising, according to the earnings report, which is down from $1.1 million the same time last year.
GOBankingRates
First Year of Retirement: 7 Money Moves You Absolutely Must Make
If you're nearing retirement age or freshly retired, it's critical to understand how to manage your financial life, and how it differs from when you were making a salary. For You: 7 Bills You Never...

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Time to Buy Amazon (AMZN) Stock After AWS Fuels Strong Q1 Results

Latest stories

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

Shareholders in Suntec Real Estate Investment Trust (SGX:T82U) are in the red if they invested five years ago

3 High Yield Dividend Stocks On SGX With Yields Up To 8.2%

Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m

Singapore Airlines Reported Record Profits for FY2024: Can its Share Price Soar?

Canada's Power Corp shuts down China unit, lays off staff, sources say

Better Buy: CapitaLand Integrated Commercial Trust Vs CapitaLand Ascendas REIT

Analysis-Bulls beat a path to China stock shop but foreigners dare not go in

Tesla Stock Is Up Because the EV News From China Isn’t Always Bad

Sea Limited's (NYSE:SE) one-year returns climbed after last week's 13% gain, institutional investors must be happy

Forget the S&P 500 ETF: These 3 US Stocks Gave Better Returns

Malaysia’s GDP growth surprises as recovery accelerates

Nvidia earnings could spark $200 billion swing in shares, options show

XPeng Stock Jumps on Earnings. There’s Hope for China EVs.

Jamie Dimon could step down sooner than expected. Here’s who could run the country’s biggest bank

Dollar firm as Fed officials urge patience on rate cuts

General Motors (GM) & LG to Create $150M Fund for Bolt Owners

Gold slips on profit taking, investors eye Fed minutes

Trump Media lost $327 million last quarter. It's still valued at more than $6 billion.

First Year of Retirement: 7 Money Moves You Absolutely Must Make