Walmart To Host First Quarter Earnings Conference Call May 16, 2024

Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
AFP News
Gold hits record high as Iran shock triggers haven support
The price of gold hit a record high Monday as the shock death of Iranian President Ebrahim Raisi in a helicopter crash boosted support for the precious metal seen as a haven investment."Gold and copper have hit record highs, (and) silver jumped to an 11-year high... after the death of Iran's president in a helicopter crash," noted Neil Wilson, chief market analyst at Finalto trading group.
Reuters
'Perfect storm' steers gold to another record high; silver jumps
Gold prices rose to an all-time high on Monday as a cocktail of factors from U.S. rate cut expectations, China's stimulus measures to geopolitical tensions lifted demand, with the momentum also carrying silver to a more than 11-year peak. Spot gold rose 0.7% to $2,430.79 per ounce as of 1:23 p.m. ET (1723 GMT) after hitting a record high of $2,449.89 earlier in the session. Data last week showed that U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend, boosting expectations for a September interest rate cut.
The Telegraph
Gold surges to record high after Iran’s president killed in crash
Gold jumped to fresh record highs after Iran’s president was killed in a helicopter crash.
Reuters
Morning Bid: China clouds darken market mood
Broadly speaking, the global backdrop for Asian markets is still bright, with investors confident that the Fed will soon cut U.S. interest rates keeping the dollar, bond yields and volatility in check, and boosting risk assets. But there's a cloud that shows no sign of lifting: China. The economic "data dump" from Beijing on Friday showed that China's recovery is sputtering - investment growth slowed, retail sales expanded at the slowest pace since late 2022, and new home prices fell at the fastest rate in nine years.
Yahoo Finance
Markets brace for Nvidia earnings: What to know this week
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Barrons.com
Bitcoin Falls. What’s Holding Back a Crypto Rally.
Bitcoin and other cryptocurrencies were falling Monday, with the crypto sector’s momentum still highly dependent on flows into exchange-traded funds. The largest cryptocurrency hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then.
Zacks
New Strong Sell Stocks for May 20th
BABA, ASGN and BGS have been added to the Zacks Rank #5 (Strong Sell) List on May 20, 2024.
GOBankingRates
TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor
Everyone should be investing a good portion of their income. It's one of the key ways to build wealth (if you need an example, just look at multibillionaire Warren Buffett, who built much of his net...
Moneywise
Fed up with 'higher for longer' interest rates? Take rate cuts into your own hands with these 3 money moves
Consumers still have some control where their money goes.
The Independent
Who is Roaring Kitty, the 2021 GameStop stock booster, and why did he suddenly return?
Why did Roaring Kitty return, and what — if anything — does it mean for the future of GameStop’s stock prices?
Reuters
Dollar firm as investors await Fed guidance
NEW YORK (Reuters) -The dollar was firm against the euro on Monday as investors awaited further clues to help them figure out the path of U.S. interest rates in the wake of cautious comments from Federal Reserve officials, even as inflation showed signs of cooling. Atlanta Fed President Raphael Bostic said on Monday it will take a while for the U.S. central bank to be confident that inflation is on track back to the central bank's 2% goal. Besides Bostic, several other Fed speakers are due to speak on Monday and later in the week.
Reuters
Wall St, world stocks advance, metals shine
NEW YORK (Reuters) -U.S. stocks followed the example of their European counterparts, gaining ground on Monday while gold and copper touched all-time highs powered by investor optimism over cooling inflation and easing central bank policy. All three major U.S. stock indexes were green, led by the tech-heavy Nasdaq. Commentary from U.S. Federal Reserve officials has reflected the central bank's cautious stance regarding its progress toward reining in inflation and the timing of interest rate cuts.
GOBankingRates
10 Ways the Middle Class Can Save for Retirement and Pay for Rising Costs
Retirement comes with many expenses, including healthcare, long-term care, housing, food, transportation and entertainment -- to name a few. As someone in the middle class, if your goal is to maintain...
Zacks
If You Invested $1000 in ServiceNow a Decade Ago, This is How Much It'd Be Worth Now
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
Reuters
Oil steady as market waits for more on US inflation and interest rates
NEW YORK (Reuters) -Oil prices were stable on Monday as the market awaited further clues on the likely path of U.S. interest rates in the wake of cautious comments from U.S. Federal Reserve officials, even as inflation shows signs of cooling. Brent futures fell 2 cents to $83.96 a barrel by 11:10 a.m. EDT (1510 GMT), while U.S. West Texas Intermediate (WTI) crude rose 5 cents, or 0.1%, to $80.11. U.S. inflation data through the first months of 2024 has been disappointing, the Fed's vice-chair for supervision, Michael Barr said, leaving the central bank short of the evidence it needs to ease monetary policy.
Simply Wall St.
Exploring Top Dividend Stocks In Hong Kong For May 2024
As of May 2024, the Hong Kong market has shown resilience with the Hang Seng Index gaining 3.11%, reflecting a positive sentiment among investors despite broader global economic uncertainties. This backdrop creates an interesting scenario for dividend-seeking investors, as stable, high-yield stocks could be particularly appealing in such an environment where steady returns are prized amidst fluctuating markets.
GOBankingRates
25 Bad Habits You Must Avoid If You’re Trying To Save Money
A lot can influence how much you save, including your income level, debt load, cost of living and financial habits. If you're trying to up your savings, one way to start is by taking a look at your...
The Edge Singapore
Southern Capital Group makes 36 cents per share offer for RE&S
A group of RE&S shareholders controlling 84.1% of the shares have already agreed to sell.
Barrons.com
World’s Largest Hedge Fund Bet Big on Apple, Nvidia, and Microsoft Stock
Bridgewater Associates bought shares of Apple, Nvidia, and Microsoft in the first quarter, and halved a stake in NIO.

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Walmart To Host First Quarter Earnings Conference Call May 16, 2024

Latest stories

Under Armour is collapsing — And Kevin Plank has to take the blame

Gold hits record high as Iran shock triggers haven support

'Perfect storm' steers gold to another record high; silver jumps

Gold surges to record high after Iran’s president killed in crash

Morning Bid: China clouds darken market mood

Markets brace for Nvidia earnings: What to know this week

Bitcoin Falls. What’s Holding Back a Crypto Rally.

New Strong Sell Stocks for May 20th

TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor

Fed up with 'higher for longer' interest rates? Take rate cuts into your own hands with these 3 money moves

Who is Roaring Kitty, the 2021 GameStop stock booster, and why did he suddenly return?

Dollar firm as investors await Fed guidance

Wall St, world stocks advance, metals shine

10 Ways the Middle Class Can Save for Retirement and Pay for Rising Costs

If You Invested $1000 in ServiceNow a Decade Ago, This is How Much It'd Be Worth Now

Oil steady as market waits for more on US inflation and interest rates

Exploring Top Dividend Stocks In Hong Kong For May 2024

25 Bad Habits You Must Avoid If You’re Trying To Save Money

Southern Capital Group makes 36 cents per share offer for RE&S

World’s Largest Hedge Fund Bet Big on Apple, Nvidia, and Microsoft Stock