Best Momentum Stocks to Buy for May 3rd

CNN Business
Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
Simply Wall St.
3 SGX Dividend Stocks Offering Up To 7.4% Yield
In recent developments, the Singapore market has shown a keen interest in innovative sectors, highlighted by Mastercard's inclusion of Singapore-based peaq in its Start Path program focusing on blockchain and cryptocurrency. This move underscores a broader acceptance and integration of emerging technologies within the local economic landscape. In this context, identifying dividend stocks that not only offer attractive yields but also demonstrate resilience and adaptability to new market...
The Smart Investor
4 Singapore Industrial REITs with Dividend Yields of 6.6% or More
We feature four attractive industrial REITs sporting distribution yields of 6.6% or higher. The post 4 Singapore Industrial REITs with Dividend Yields of 6.6% or More appeared first on The Smart Investor.
The Independent
Under Armour is laying off workers as bloodbath of job cuts across US grows
The company made the announcement in its fourth quarter report
Investing.com
Alibaba rallies to 7-mth high as ‘Big Short’ investor Burry increases stake
Investing.com-- Alibaba Group's (HK:9988) (NYSE:BABA) Hong Kong shares rallied to a seven-month high on Friday after Michael Burry’s investment firm hiked its stake in the e-commerce giant and several of its Chinese peers.
The Edge Singapore
Keppel expands M1 CEO’s role amid talks of StarHub merger
Manjot Singh Mann, who has been CEO of M1 since 2018, will be appointed Keppel’s CEO of connectivity with effect from June 1.
Reuters
China unveils 'historic' steps to stabilise crisis-hit property sector
BEIJING/HONG KONG (Reuters) -China announced "historic" steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, and local governments set to buy "some" apartments. Investors hoped the measures marked the beginning of more decisive government intervention to compensate for waning demand for new and old apartments, to slow down falling prices and to reduce a growing stock of unsold homes. Since the property market began its steep downturn in 2021, a string of developers have defaulted, leaving scores of idle construction sites behind, and sapping confidence in what had for decades been the preferred savings instrument for the Chinese population.
Reuters
Dollar mostly flat as market mulls inflation outlook
NEW YORK/LONDON (Reuters) -The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve interest rate cuts amid signs of cooling yet persistent inflation and a softening U.S. economy. The euro rose 0.06% against the dollar to $1.0872.
GOBankingRates
Here’s Why You Should Consider Investing in Intel Today
In 2022, Congress passed the CHIPS Act to promote semiconductor development within the United States, rather than from foreign providers. Specifically, the act appropriated $39 billion to help wean...
The Telegraph
Boeing supplier cuts 450 jobs after losses fuelled by 737 blowout
A major Boeing supplier is to make up to 450 workers redundant after its biggest customer was forced to cut aeroplane production.
Associated Press
Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week
The Dow Jones Industrial Average finished a day above the 40,000 level for the first time on Friday as U.S. stock indexes drifted around their records while closing out their latest winning week. The Dow rose 134.21 points, or 0.3%, to 40,003.59, a day after briefly topping the 40,000 level for the first time. It and other indexes on Wall Street have been climbing since the autumn of 2022 as the U.S. economy and corporate profits have managed to hold up despite high inflation, the punishing effects of high interest rates and worries about a recession that seemed inevitable but hasn’t arrived.
Fortune
GameStop stock is crashing after the company reported weak sales and cashed in on the meme stock revival by selling 45 million shares
Meme stock pump appears to be dying out as GameStop and retail traders cash in on their winnings.
Reuters
China stimulus, US rate cut bets lift gold, silver soars above $30 mark
Gold prices, aided by China's stimulus measures, looked poised to clock their second consecutive weekly gain on Friday on renewed hopes for U.S. interest rate cuts, with silver breaking the $30 barrier to hit an 11-year high. Spot gold rose 1.5% to $2,412.83 per ounce by 1745 GMT, closing in towards an all-time high of $2,431.29 hit on April 12. The market was lifted after China, a major consumer of industrial metals as well as gold, announced "historic" steps to stabilise the crisis-hit property sector.
Barrons.com
Cisco’s Revenue Fall Wasn’t as Bad as Feared. What Drove the Outperformance.
The networking gear provider said that customers were now working through a glut of routers and switches.
Reuters
Bank of America to buy WaFd's multi-family loan portfolio for $2.9 billion
The commercial real estate (CRE) sector, which has been roiled by higher borrowing costs and lower occupancy, has become a key cause of concern for investors and has drawn tough regulatory scrutiny for regional lenders. Parent company WaFd, in a regulatory filing, disclosed the portfolio of 2,000 commercial multi-family real estate loans had an aggregate unpaid principal balance of $3.2 billion. After the deal is closed, WaFd said BofA is planning to enter into a structured transaction or loan sale with one or more funds of Pacific Investment Management.
GOBankingRates
Don’t Sell or Buy Your Investments on This Day of the Week
If you’re new to investing, you might think that certain days of the week are better than others to buy and sell.
Reuters
Reddit stock jumps after OpenAI partnership
(Reuters) -Shares of Reddit rose 13% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to boost advertising income for the social media platform. The partnership, announced on Thursday, allows Reddit to leverage OpenAI's technology to build tools and features, and OpenAI's ChatGPT platform to integrate Reddit's content in a "real-time, structured" manner. OpenAI will also become an advertising partner for Reddit.
GOBankingRates
Mark Cuban’s 5 Best Passive Income Ideas
Mark Cuban is well-known for his outspoken views and advice on topics that range from politics to investing. The self-made billionaire doesn't hold back when sharing his two cents on how folks can...
Reuters
HSBC's biggest investor Ping An mulls options to cut stake, Bloomberg News reports
The Chinese insurance giant, which emerged as a major shareholder in HSBC in 2017 through its asset management arm and has had a tumultuous relationship with the lender in the recent past, has been offloading shares in the London-headquartered banking group. It has sold HSBC shares worth $50 million so far this month and the report adds Ping An is considering selling more as it looks to cut its $13.3 billion stake in the lender. Ping An had been pushing the lender to implement a slew of reforms, including spinning off its Asia business.
Zacks
Here's How Much You'd Have If You Invested $1000 in Applied Materials a Decade Ago
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

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Netflix, Inc. Price and Consensus

Netflix, Inc. Price

Morgan Stanley Price and Consensus

Morgan Stanley Price

Tenet Healthcare Corporation Price and Consensus

Tenet Healthcare Corporation Price

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