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The long-awaited interest rate cut is finally here and what a cut it was! - a 50 basis point cut that took the market slightly by surprise.
The decision lowers the federal funds rate to a range between 4.75% - 5%. In addition to this reduction, the committee's dot plot shows the equivalent of 50 more basis points of cuts by year-end, another full percentage point in cuts by the end of 2025 and a half point in 2026. In all, the Fed's dot ...
The decision lowers the federal funds rate to a range between 4.75% - 5%. In addition to this reduction, the committee's dot plot shows the equivalent of 50 more basis points of cuts by year-end, another full percentage point in cuts by the end of 2025 and a half point in 2026. In all, the Fed's dot ...
[Trader’s Talk] What do interest rate cuts mean for you?
Sep 23 22:00
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$Seatrium (S51.SG)$ I am happy with the profit gained although the percentage figure is not auspicious, . I have chosen this stock long time ago after the demerger with Sembcorp Industries $Sembcorp Ind (U96.SG)$. At that time, I just started to explore in stock market so did not really rely on any Technical Analysis tools. I am thankful that Moo Moo has provided such a user friendly and informative trading platform, so that I can start to explore and keep learning along the way, good luck...
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$NVIDIA (NVDA.US)$ $Intel (INTC.US)$ Intel has launched Gaudi2, a chip focused on AI computing, to further enter the AI chip market currently dominated by Nvidia. Gaudi2 is said to be the second generation of Intel's Habana Labs AI processor, which is twice as fast as Habana Labs' previous chips. As of Tuesday's close, Intel rose more than 2% to $44.01.
AI chip startups have received huge investments in recent years as AI computing is one of the...
AI chip startups have received huge investments in recent years as AI computing is one of the...
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Why NIO choose to list on the SGX?
Advantages of a Singapore listing
1. Shorter time and higher success rate for Singapore listing compared to domestic listing
Listing on the Main Board of Mainland China generally takes 2 to 3 years, in contrast, Chinese companies listing in Singapore can generally achieve listing and trading within 1 year due to the relatively simple listing process and shorter preparation time for eligible proposed listings.
2. High fl...
Advantages of a Singapore listing
1. Shorter time and higher success rate for Singapore listing compared to domestic listing
Listing on the Main Board of Mainland China generally takes 2 to 3 years, in contrast, Chinese companies listing in Singapore can generally achieve listing and trading within 1 year due to the relatively simple listing process and shorter preparation time for eligible proposed listings.
2. High fl...
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Singapore and a number of countries have recently significantly relaxed their coronary disease prevention measures, triggering a dramatically grow of traveliing and a surge in demand for fight tickets, coupled with soaring fuel prices and inflation, which has seen airfares soar higher than before the outbreak in just over a month.
The suppressed travel boom that has prevented people from travelling abroad freely for the past two years has be...
The suppressed travel boom that has prevented people from travelling abroad freely for the past two years has be...
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All you need to know about this earnings season
Touch the wealth collection NOW!
Key Takeaways:
Attitude: AMD has consistently executed the strategy, expanded the portfolio of leadership products and diversified business while driving best-in-class growth. AMD reached a significant inflection point in Q1 2022 as major steps were taken that fundamentally reshaped AMD’s business. The importance of the Xilinx acquisitio...
Touch the wealth collection NOW!
Key Takeaways:
Attitude: AMD has consistently executed the strategy, expanded the portfolio of leadership products and diversified business while driving best-in-class growth. AMD reached a significant inflection point in Q1 2022 as major steps were taken that fundamentally reshaped AMD’s business. The importance of the Xilinx acquisitio...
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Buffet restaurant are finally getting to a taste of normalcy after Singapore scrapped restrictions surrounding self-service buffets last Saturday, more than two years after the pandemic began.
The restaurant was full over the long weekend. Usually it would only be about three-quarter full on a weekend. Now that the restrictions have been lifted, we can finally enjoy our buffet!
What is your favourite buffet restaurant in Singapore?How long has it been ...
The restaurant was full over the long weekend. Usually it would only be about three-quarter full on a weekend. Now that the restrictions have been lifted, we can finally enjoy our buffet!
What is your favourite buffet restaurant in Singapore?How long has it been ...
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Futu SG is the 1st digital brokerage to offer $0 platform fees, lifetime $0 commissions on US stocks
Dear mooers,
We are thrilled to announce that Futu Singapore (“Futu SG”) (“moomoo”) to become the 1st global digital brokerage to offer $0 platform fees*, $0 market data fees, lifetime $0 commissions** on US stocks for all.
We have observed an emerging demand amongst Singaporean investors over the past year in US stocks trading. As part of moomoo's corporate initiatives to offer value to its user...
We are thrilled to announce that Futu Singapore (“Futu SG”) (“moomoo”) to become the 1st global digital brokerage to offer $0 platform fees*, $0 market data fees, lifetime $0 commissions** on US stocks for all.
We have observed an emerging demand amongst Singaporean investors over the past year in US stocks trading. As part of moomoo's corporate initiatives to offer value to its user...
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President Joe Biden is expected to propose a new minimum tax primarily aimed at billionaires when he unveils his 2023 budget, according to a document obtained by CNBC.
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
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