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- USUSA TODAY
'Horrific scene': New Jersey home leveled by explosion, killing 1 and injuring another
An explosion killed one man and left another seriously injured at a central New Jersey home on Thursday. The cause is under investigation.
1 min read - BusinessReuters
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 m
2 min read - BusinessAFP
Asian markets track Wall St higher as rate hopes rise, eyes on US jobs
Hong Kong led another rally across Asian markets Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.The yen extended gains, having soared against the greenback soon after the Fed rate meeting on Wednesday, which led to speculation that Japanese authorities had intervened in the forex market for a second time this week.
3 min read - PoliticsChicago Tribune
Illinois legislators pass election bill that would favor Democrats in November
A comprehensive election bill that gained final approval by the Democratic-led Illinois legislature on Thursday would give Democrats a significant advantage toward keeping their legislative majorities before any votes are even cast in the Nov. 5 general election. Democrats already enjoy legislative supermajorities in the Illinois House and Senate thanks to district maps drawn by party leaders ...
4 min read - BusinessBusiness Insider
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw their steepest drop in a year.
2 min read - BusinessSimply Wall St.
Golden Agri-Resources (SGX:E5H) shareholders have earned a 8.2% CAGR over the last three years
One simple way to benefit from the stock market is to buy an index fund. But if you choose individual stocks with...
3 min read - ScienceAFP
China to launch first probe to return samples from Moon's far side
China is set Friday to launch a probe to collect samples from the far side of the Moon, a world first as Beijing pushes ahead with an ambitious programme that aims to send a crewed lunar mission by 2030.China aims to send a crewed mission to the Moon by 2030, and plans to build a base on the lunar surface.
3 min read - BusinessSimply Wall St.
Unveiling 3 Top Insider-Owned Japanese Companies With Earnings Growth Of 81%
Amid a backdrop of modest gains in Japan's stock markets, buoyed by a historically weak yen and dovish monetary policy stances from the Bank of Japan, investors continue to seek solid opportunities within this evolving landscape. In such a market environment, companies with high insider ownership can be particularly appealing, as they often signal strong confidence from those closest to the company's operations in its growth prospects.
4 min read - BusinessBloomberg
Bidding War for Australian Cotton Producer Heats Up as Louis Dreyfus Rebuffs Olam Offer
(Bloomberg) -- Louis Dreyfus Co. won’t support Olam Agri Holding Ltd.’s offer for Namoi Cotton Ltd., as the bidding war between the two major agricultural commodities traders for the Australian producer heats up.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's Amer
1 min read - BusinessTipRanks
INTU, NOW, SNPS: Which Strong Buy Tech Stock Has the Most Upside?
With Spring storm clouds hovering over the tech-heavy Nasdaq 100 (NDX), investors with a bit of extra cash may wish to deploy it in some of the most promising tech higher flyers as their recent corrections look to extend. Turning to the Wall Street community, there are a handful of tech stocks that Wall Street analysts still stand by (like INTU, NOW, and SNPS), even as the going gets rougher for their share prices. These stocks may be worth monitoring while their implied upside looks to swell fu
6 min read - WorldBusiness Insider
Russia's economic survival hinges on prolonging the Ukraine war, think tank expert says
"Should the authorities attempt to halt militarization, a hard landing could add pressure to the government," Elina Ribakova wrote for FT.
2 min read - BusinessReuters
Asian stocks surge on tech boost; yen extends gains to cap wild week
Asian stocks rallied on Friday after Apple's record $110 billion share buyback plan lifted the tech sector, while the yen put more distance from recent 34-year lows to cap a tumultuous week that saw suspected interventions from Tokyo. With markets in Japan and mainland China closed on Friday, regional trading activity is likely to be subdued as traders look ahead to the U.S. nonfarm payrolls data later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% and was set
3 min read - BusinessBloomberg
Point72’s Drossos Says Japan Disrupting One-Way Bets Against Yen
(Bloomberg) -- By one measure, according to Point72’s Sophia Drossos, Japan’s intervention to prop up the yen has achieved a key objective: Preventing the market from piling into lopsided bets against the currency. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's A
2 min read - BusinessMotley Fool
Criteo (CRTO) Q1 2024 Earnings Call Transcript
CRTO earnings call for the period ending March 31, 2024.
44 min read - BusinessAFP
Spain's fashion and beauty group Puig poised for IPO
The iconic Nina Ricci, Paco Rabanne and Jean-Paul Gaultier labels make their market debut Friday as Spanish fashion and beauty group Puig begins trading on the Madrid stock exchange. Among its brands are Paco Rabanne, Nina Ricci, Charlotte Tilbury, Carolina Herrera and Dries Van Noten.
3 min read - BusinessSimply Wall St.
Is Rhong Khen International Berhad (KLSE:RKI) Potentially Undervalued?
Rhong Khen International Berhad ( KLSE:RKI ), is not the largest company out there, but it saw a double-digit share...
3 min read - BusinessAssociated Press Finance
E-waste is overflowing landfills. At one sprawling Vietnam market, workers recycle some of it
When he first started working two decades ago in Nhat Tao market, Ho Chi Minh City’s biggest informal recycling market, he usually salvaged computers with bulky monitors and heavy processors. Most repair shops are a single room crammed with junked electronic devices or e-waste with tables placed outside. Workers, many of them migrants from across Vietnam, repair or salvage items like laptops, scarred mobile phones, camera lenses, television remotes, even entire air conditioning units.
7 min read - BusinessBloomberg
Oil Set for Biggest Weekly Drop Since February as War Risk Fades
(Bloomberg) -- Oil headed for its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East and weakening across fuel markets.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's America, the Stock Market Has Already VotedBrent trad
2 min read - USNY Daily News
Pro-Palestine protesters at Rutgers reach deal with school, close encampment
Pro-Palestine protesters took down and cleared their encampment at Rutgers University in New Brunswick, N.J., on Thursday after agreeing to a deal with the school’s administration. University president Jonathan Holloway had issued an ultimatum giving the protesters until 4 p.m. to dismantle the encampment and disperse, or face trespassing charges and removal by the police. Earlier in the day, ...
2 min read - BusinessSimply Wall St.
Taka Jewellery Holdings (Catalist:42L) Might Have The Makings Of A Multi-Bagger
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
3 min read - BusinessBusiness Insider
The Fed likely won't cut rates until after a recession strikes, research firm says
The Fed is making a big mistake by not cutting interest rates right now, according to GlobalData TS Lombard.
2 min read - BusinessMotley Fool
Sotera Health (SHC) Q1 2024 Earnings Call Transcript
SHC earnings call for the period ending March 31, 2024.
32 min read - BusinessMotley Fool
Expedia Group (EXPE) Q1 2024 Earnings Call Transcript
EXPE earnings call for the period ending March 31, 2024.
48 min read - WorldAFP
Israel builds 'cyber dome' against Iran's hackers
Israel's Iron Dome defence system has long shielded it from incoming rockets."For the past two years, we have been developing a cyber dome against cyberattacks, which functions like the Iron Dome against rockets," he said.
4 min read - BusinessBloomberg
Hong Kong Tech Rallies, Yen Hits Three-Week High: Markets Wrap
(Bloomberg) -- Equities in Asia climbed and the yen rallied ahead of crucial US jobs data due later Friday.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's America, the Stock Market Has Already VotedHong Kong stocks gained for a ninth straight session as tech ralli
4 min read - BusinessBusiness Insider
Sony and Apollo offer $26 billion for Paramount: report
Sony and Apollo have teamed up to offer $26 billion for Paramount studios, WSJ reported on Thursday.
2 min read - BusinessSimply Wall St.
Here's Why Infratil (NZSE:IFT) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
4 min read - USThe Daily Beast
Columbia Law Review Students Want Exams Canceled Amid Campus Chaos
Reuters/Caitlin OchsStudent editors at the Columbia Law Review penned a letter begging the university to cancel final exams this semester as they grapple with the on-campus chaos that has consumed the school in recent weeks. Columbia University is at the center of a wave of campus protests against Israel’s brutal military campaign in the Gaza Strip, as repeated clashes with the NYPD reached a fever pitch Tuesday when officers broke into the school’s Hamilton Hall—via a second floor window—to cra
3 min read - BusinessSimply Wall St.
Interested In Tye Soon's (SGX:BFU) Upcoming S$0.0085 Dividend? You Have Four Days Left
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Tye Soon...
3 min read - BusinessSimply Wall St.
Those who invested in Celcomdigi Berhad (KLSE:CDB) five years ago are up 2.4%
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
3 min read - BusinessBloomberg
Gold Heads for Worst Weekly Run Since February on Rate Outlook
(Bloomberg) -- Gold headed for its first back-to-back weekly loss in more than two months on concerns that the Federal Reserve may take longer to cut interest rates than previously expected as inflation risks persist. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon'
1 min read - BusinessSimply Wall St.
Exploring Top Dividend Stocks In The UK For May 2024
As the FTSE 100 shows signs of opening higher, buoyed by a less hawkish Federal Reserve and key earnings reports in focus, the United Kingdom's financial markets remain a hub of activity and anticipation. This dynamic backdrop sets an intriguing stage for investors considering dividend stocks, where stability and consistent returns become particularly appealing amidst fluctuating market conditions.
4 min read - BusinessSimply Wall St.
Acadian Timber And Two More Premier Dividend Stocks In Canada
As the Canadian market navigates through a mixed economic landscape, with resilient corporate profits and ongoing debates about interest rates, investors are keenly observing how different sectors respond. In this context, dividend stocks like Acadian Timber offer a compelling focus for those looking to potentially enhance portfolio stability amidst market fluctuations. A good dividend stock typically combines reliable payouts with strong business fundamentals, which can be particularly...
4 min read - BusinessKGET Bakersfield
$1.99 a gallon: Fun while it lasted at new, jam-packed Pemex gas station in Bakersfield
That ridiculously low price was part of a promotion designed to draw attention to a new gas station.
2 min read - BusinessMotley Fool
Block (SQ) Q1 2024 Earnings Call Transcript
SQ earnings call for the period ending March 31, 2024.
38 min read - BusinessSimply Wall St.
3 High-Yield Dividend Stocks In India With Up To 3.5% Yield
The Indian stock market has shown robust performance, with a rise of 1.2% over the last week and an impressive 45% increase over the past year. In this context of strong growth and optimistic earnings forecasts, high-yield dividend stocks can be particularly appealing for investors seeking both stability and income.
4 min read - BusinessSimply Wall St.
Even after rising 15% this past week, MetalsGrove Mining (ASX:MGA) shareholders are still down 27% over the past year
MetalsGrove Mining Limited ( ASX:MGA ) shareholders will doubtless be very grateful to see the share price up 94% in...
4 min read - BusinessSimply Wall St.
Market Sentiment Around Loss-Making Lindian Resources Limited (ASX:LIN)
We feel now is a pretty good time to analyse Lindian Resources Limited's ( ASX:LIN ) business as it appears the company...
3 min read - BusinessSimply Wall St.
Exploring IGO And Two More Top Dividend Stocks In Australia
Amidst a cautiously optimistic backdrop in the Australian market, with the ASX200 poised for growth following positive global cues and key economic data on the horizon, investors are keenly watching how different sectors respond. In this environment, understanding what constitutes a strong dividend stock becomes crucial, especially considering current fluctuations in commodity prices and broader economic indicators.
4 min read - WorldBBC
Ron DeSantis bans 'global elite' lab-grown meat
Florida's governor says he will "save our beef, but a lab-grown meat firm calls it an assault on liberty.
3 min read - USHuffPost
University Of Minnesota Reaches Initial Agreement With Pro-Palestine Demonstrators
At least two other universities in the U.S. have reached deals with students who have set up encampments to protest Israel's attacks on Gaza.
3 min read - BusinessMotley Fool
Rocket Companies (RKT) Q1 2024 Earnings Call Transcript
RKT earnings call for the period ending March 31, 2024.
52 min read - BusinessSimply Wall St.
3 Leading Dividend Stocks With Yields Up To 6.7%
In recent sessions, U.S. stock markets have experienced volatility as investors reacted to the Federal Reserve's decision to maintain interest rates, amidst ongoing concerns about inflation and economic stability. This backdrop of uncertainty makes it an opportune time to consider the resilience and potential steady returns of dividend stocks, particularly those with substantial yields.
4 min read - BusinessSimply Wall St.
Be Wary Of Ranhill Utilities Berhad (KLSE:RANHILL) And Its Returns On Capital
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
3 min read - USChicago Tribune
IG says Illinois state employees made up businesses, lied about income to defraud federal COVID-19 aid program
CHICAGO — Illinois state employees fabricated hair salons, paid others to inaccurately fill out forms and drastically inflated income numbers for their side businesses in an effort to fraudulently receive pandemic-era Paycheck Protection Program loans, according to recently released reports from the Office of Executive Inspector General. One Department of Human Services employee said on a PPP ...
5 min read - BusinessBusiness Insider
Tim Cook gets real about China
Apple reported better-than-expected sales in China in its Q2 earnings. CEO Tim Cook says there's still work to do.
2 min read - WorldReuters
Taiwan says Chinese planes crossed median line, China carries out landing drills
TAIPEI (Reuters) -Taiwan's defence ministry said on Friday it had detected a renewed incursion by Chinese military aircraft across the sensitive Taiwan Strait, as China reported its navy had carried out combat drills with landing craft. Over the past four years, China's military has significantly ramped up its activities around democratically-governed Taiwan. The defence ministry, in its daily morning update on Chinese activities in the previous 24 hours, said 14 Chinese military aircraft cros
2 min read - BusinessSimply Wall St.
Does Paragon Care (ASX:PGC) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
3 min read - BusinessBusiness Insider
The specter of stagflation is back in the news. BofA says investors should buy these 2 areas of the market to capitalize.
Reports referencing "stagflation" jumped to a two-year high, which could quickly shift the market narrative, Bank of America said.
2 min read - BusinessReuters
Oil steadies, heads for weekly drop on U.S. economy worries
Oil prices edged up in early trade on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for weekly losses on U.S. economic uncertainty and limited crude supply disruptions caused by the Israel-Hamas war. Brent crude futures for July rose 16 cents to $83.83 a barrel by 0008 GMT.
2 min read
