Telecom Italia's grid sale on track as KKR informs EU of buyout plan

The Smart Investor
3 Singapore Blue-Chip Stocks That Reported Solid Earnings
Here are three Singapore blue-chip stocks that delivered a robust set of earnings. The post 3 Singapore Blue-Chip Stocks That Reported Solid Earnings appeared first on The Smart Investor.
Fortune
Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?
Independent researchers painted a bleak picture of Apple’s China business during the most recent quarter, but the damage was lighter than expected.
Benzinga
Warren Buffett Shares A Secret Weapon For Success — 'We've Done Better By Avoiding Dragons Than By Slaying Them'
Warren Buffett’s annual Berkshire Hathaway letters are a breath of fresh air in finance. Packed with investment wisdom, they transcend the trading floor and offer practical advice applicable to anyone seeking success in life. Buffett’s genius lies in his ability to distill complex financial concepts into simple, actionable principles. Whether you’re a seasoned investor or navigating daily decisions, his insights prove valuable. Don't Miss: Are you rich? Here’s what Americans think you need to be
Barrons.com
Intel CEO Pat Gelsinger Picks Up Stock Near 2024 Low
Intel stock continued a 2024 slump in late April after the chip maker provided disappointing guidance. With the shares trading at their lows for this year, CEO Pat Gelsinger bought up Intel stock on the open market. According to forms he filed with the Securities and Exchange Commission, Gelsinger purchased the stock through a family trust that now owns 39,400 shares.
Reuters
Global hedge funds chase Hong Kong stocks rally, UBS says
Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note. Hong Kong's stock markets, which closely mirror China's struggling performance, have recovered since March as Beijing rolled out economic support measures. Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering.
Barrons.com
‘We Lost Quite a Bit of Money.’ Berkshire Sold Entire Paramount Stake, Buffett Says.
Berkshire Hathaway has sold its entire stake in Paramount Global losing “quite a bit of money,” Berkshire CEO Warren Buffett said at the company’s annual meeting on Saturday. Buffett also shot down speculation that Ted Weschler or Todd Combs, who together run about 10% of Berkshire Hathaway’s equity portfolio, had purchased the Paramount stake, taking responsibility for the investment himself. “It was 100% my decision and we’ve sold it all and we lost quite a bit of money,” said Buffett.
Yahoo Finance
Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%
Surprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
GOBankingRates
Here Are 5 Things You Should Only Pay For in Cash
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
The Edge Singapore
Venture Corp reports net profit of $60.1 mil for 1QFY2024, 18.3% lower y-o-y
Revenue for the quarter fell by 18.9% y-o-y to $666.7 million.
Fortune
Elon Musk has turned Tesla into a meme stock as he tells Wall Street to value the EV maker like an AI company, top economist says
"The fundraiser, cheerleader, and coach for teams developing real technologies has become a meme-stock carnival barker."
Simply Wall St.
Don't Race Out To Buy The Straits Trading Company Limited (SGX:S20) Just Because It's Going Ex-Dividend
Readers hoping to buy The Straits Trading Company Limited ( SGX:S20 ) for its dividend will need to make their move...
Barrons.com
DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
Benzinga
Charlie Munger And A Friend Each Made $70,000 Per Year From A $1,000 Investment 60 Years Ago — Raking In Millions Together
At his final Berkshire Hathaway Inc. meeting in 2023, months before his 100th birthday, Charlie Munger surprised investors with a story about a brilliant investment he made over 60 years ago alongside a golfing buddy. The story traces back to 1962 when Munger, then a real estate lawyer, struck an unlikely partnership with Al Marshall, an unemployed golfer with a keen eye for investments. Their encounter on the green led to a pivotal decision: pooling their resources to invest $1,000 each in oil
Simply Wall St.
HRnetGroup (SGX:CHZ) Will Pay A Larger Dividend Than Last Year At SGD0.0213
The board of HRnetGroup Limited ( SGX:CHZ ) has announced that it will be increasing its dividend by 14% on the 24th of...
Simply Wall St.
DBS Group Holdings (SGX:D05) Will Pay A Dividend Of SGD0.54
The board of DBS Group Holdings Ltd ( SGX:D05 ) has announced that it will pay a dividend on the 20th of May, with...
The Smart Investor
Top Stock Market Highlights of the Week: US Interest Rates, Wilmar International and CDL Hospitality Trusts
This week, we look at the direction of US interest rates along with the latest business update from a popular hospitality trust. The post Top Stock Market Highlights of the Week: US Interest Rates, Wilmar International and CDL Hospitality Trusts appeared first on The Smart Investor.
Simply Wall St.
Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future
Key Insights Kimly's significant insider ownership suggests inherent interests in company's expansion A total of 3...
Moneywise
‘That is deranged’: Yellen ignites internet backlash after saying Americans ‘generally are better off’
Have we won the war against inflation?
Reuters
Ping An votes against reappointment of HSBC CEO as director, source says
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move. Quinn, who has announced he will step down as chief executive once a successor is appointed, last year defeated Ping An's long campaign to get HSBC to spin off its Asia business. Europe's biggest bank had faced proposals submitted by Hong Kong-based individual investor Ken Lui and backed by its biggest Asian shareholder Ping An to consider a radical restructuring and to boost its dividends.
The Edge Singapore
In the 2020s, financial conglomerate/ conglomerate model is not for everyone
The financial conglomerate structure is not for everyone in the 2020s; some see it as left over from the 20th century

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Telecom Italia's grid sale on track as KKR informs EU of buyout plan

Latest stories

3 Singapore Blue-Chip Stocks That Reported Solid Earnings

Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?

Warren Buffett Shares A Secret Weapon For Success — 'We've Done Better By Avoiding Dragons Than By Slaying Them'

Intel CEO Pat Gelsinger Picks Up Stock Near 2024 Low

Global hedge funds chase Hong Kong stocks rally, UBS says

‘We Lost Quite a Bit of Money.’ Berkshire Sold Entire Paramount Stake, Buffett Says.

Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%

Here Are 5 Things You Should Only Pay For in Cash

Venture Corp reports net profit of $60.1 mil for 1QFY2024, 18.3% lower y-o-y

Elon Musk has turned Tesla into a meme stock as he tells Wall Street to value the EV maker like an AI company, top economist says

Don't Race Out To Buy The Straits Trading Company Limited (SGX:S20) Just Because It's Going Ex-Dividend

DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’

Charlie Munger And A Friend Each Made $70,000 Per Year From A $1,000 Investment 60 Years Ago — Raking In Millions Together

HRnetGroup (SGX:CHZ) Will Pay A Larger Dividend Than Last Year At SGD0.0213

DBS Group Holdings (SGX:D05) Will Pay A Dividend Of SGD0.54

Top Stock Market Highlights of the Week: US Interest Rates, Wilmar International and CDL Hospitality Trusts

Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future

‘That is deranged’: Yellen ignites internet backlash after saying Americans ‘generally are better off’

Ping An votes against reappointment of HSBC CEO as director, source says

In the 2020s, financial conglomerate/ conglomerate model is not for everyone