Saia stock sinks on Q1 earnings miss

Reuters
Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore
SINGAPORE (Reuters) -Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore, Asia's main oil hub, to a joint venture between Indonesian chemicals firm Chandra Asri and Swiss miner and commodities trader Glencore. Reuters reported last August that Shell had hired Goldman Sachs to explore a potential sale of its refining and petrochemical plants in Singapore as part of a broader strategic review globally to become a lower-carbon operator.
Barrons.com
Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.
Palantir, a data analytics software company, continued to gain traction with its artificial-intelligence tools in the quarter ended in March. Palantir shares, which rallied 8.1% in Monday’s regular session, fell more than 15% on Tuesday. Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools, in particular with U.S. commercial customers.
GOBankingRates
Warren Buffett Invested $74 Billion in This Stock — Should You Invest Too?
Known as the Oracle of Omaha, Warren Buffett is one of the most successful investors of all time. He started his first investment partnership in 1956 with a few friends and family. An investment in...
Benzinga
George Soros' Ex-Employee Just Sold A Large Nvidia Stake: DruckenMiller Says It Was A 'Hell Of A Run'
Billionaire investor Stanley Druckenmiller, who runs the Duquesne Family Office, has tapped the brakes on his Nvidia Corp (NASDAQ:NVDA) investment as he believes the artificial intelligence revolution has gone too far too fast. What To Know: Druckenmiller has been betting on AI for more than a year with positions in Nvidia, Microsoft Corp (NASDAQ:MSFT) and other tech leaders. Recent quarterly filings show that he even bought call options in Nvidia stock to help boost his investment exposure. Tue
The Smart Investor
3 Singapore Companies That Conducted Acquisitions to Grow Their Business
We profile three Singapore businesses that announced acquisitions to grow their top and bottom lines. The post 3 Singapore Companies That Conducted Acquisitions to Grow Their Business appeared first on The Smart Investor.
BBC
FTX says it has billions more than owed to victims
The failed cryptocurrency giant says it has billions of dollars more than needed to cover its debts.
The Edge Singapore
UOB reports 1Q2024 net profit of $1.49 billion, up q-o-q but down y-o-y and 6.4% above estimate
UOB announces net profit of $1.49 billion including Citi integration costs, higher q-o-q, lower y-o-y, and 6% above estimates.
Yahoo Finance
Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earnings
Results from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
Reuters SG
Singapore's DBS appoints Ping An Technology CEO as chief information officer
Singapore's biggest bank DBS Group said on Wednesday that it has appointed Ping An Technology's chairman and CEO Eugene Huang as its chief information officer (CIO) effective Friday. Huang, who is joining from Ping An Group, has over 36 years of technology and banking experience and will report to DBS Group CEO Piyush Gupta in his new role, DBS said in a statement on Wednesday. "His immediate focus will be to build on the work the bank has done since last year to strengthen our technology resiliency," Gupta said in the statement.
Robb Report
Defrauded FTC Customers Are Getting All of Their Money Back—Plus Interest
Sam Bankman-Fried's failed company has come up with the $8 billion that clients lost when the crypto exchange went bankrupt.
Simply Wall St.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a favorite amongst institutional investors who own 72%
Key Insights Given the large stake in the stock by institutions, Advanced Micro Devices' stock price might be...
The Telegraph
Global debt surges to new record high in blow for world economy
Global debt has surged to a record high of $315 trillion (£250 trillion) as China and India continued their borrowing binge despite the risks posed by geopolitical tensions and higher interest rates.
Reuters
Stocks and bonds wobble as global economy throws off mixed signals
LONDON (Reuters) -Investors have gone from bracing for a U.S. recession to positioning for the world's biggest economy to keep chugging along. European growth is also better than anticipated a few months ago, a challenge for traders trying to divine how much central bankers will lower interest rates. Many analysts said this would be the year U.S. growth buckled, after the same predictions proved woefully wrong in 2023.
Barrons.com
‘Please, For the Love of God, Take Down Your Gold Exposure.’ What to Buy Instead.
Bear Traps Report’s Larry McDonald recommends investors swap their gold holdings for platinum now. That’s pushed the ratio of gold prices to platinum over 2 to 1. Gold has been hot this year, so hot that one market watcher says it’s time to sell some and buy platinum instead.
The Smart Investor
4 US Growth Stocks That Can Lift Your Portfolio to New Heights
Looking for capital gains? These four growth stocks may just be right for your portfolio. The post 4 US Growth Stocks That Can Lift Your Portfolio to New Heights appeared first on The Smart Investor.
CoinDesk
Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.
GOBankingRates
I’m Part of the Upper Middle Class: Here’s What My Finances Look Like
While the exact threshold fluctuates based on factors such as local cost of living and inflation, those in the upper middle class typically have an estimated household income of $150,000 to $250,000....
Zacks
Marathon Digital (MARA) to Post Q1 Earnings: What's in Store?
Marathon Digital's (MARA) first-quarter 2024 earnings and revenues are expected to increase year over year.
Yahoo Finance
The meme stock surge doesn't appear to be the ominous signal it has been
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
The Hill
Extending Trump’s tax cuts would cost US trillions of dollars in new forecast
The Congressional Budget Office (CBO) projected in a new report that the extension of tax cuts passed as part of former President Trump’s signature 2017 tax law could add trillions of dollars to the nation’s deficits over roughly the next decade. Citing numbers from the Joint Committee on Taxation, the CBO said Wednesday that the…

Straits Times Index

S&P 500

Dow

Nasdaq

Bitcoin USD

CMC Crypto 200

FTSE 100

Gold

Crude Oil

10-Yr Bond

Nikkei

Hang Seng

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

Saia stock sinks on Q1 earnings miss

Latest stories

Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore

Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.

Warren Buffett Invested $74 Billion in This Stock — Should You Invest Too?

George Soros' Ex-Employee Just Sold A Large Nvidia Stake: DruckenMiller Says It Was A 'Hell Of A Run'

3 Singapore Companies That Conducted Acquisitions to Grow Their Business

FTX says it has billions more than owed to victims

UOB reports 1Q2024 net profit of $1.49 billion, up q-o-q but down y-o-y and 6.4% above estimate

Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earnings

Singapore's DBS appoints Ping An Technology CEO as chief information officer

Defrauded FTC Customers Are Getting All of Their Money Back—Plus Interest

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a favorite amongst institutional investors who own 72%

Global debt surges to new record high in blow for world economy

Stocks and bonds wobble as global economy throws off mixed signals

‘Please, For the Love of God, Take Down Your Gold Exposure.’ What to Buy Instead.

4 US Growth Stocks That Can Lift Your Portfolio to New Heights

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

I’m Part of the Upper Middle Class: Here’s What My Finances Look Like

Marathon Digital (MARA) to Post Q1 Earnings: What's in Store?

The meme stock surge doesn't appear to be the ominous signal it has been

Extending Trump’s tax cuts would cost US trillions of dollars in new forecast