It is Wednesday May 15th, Meme stocks are pulling back after a two day rush, but the S&P 500 and Nasdaq hit record highs after April inflaiton data came in low.
My name is Kevin Travers, here are updates on WallStreetBets Stocks, and stories about the moving market today. $GameStop (GME.US)$ pulled back 30%, after a 60% Tuesday rally, and a 296% rally for the past five days.
$AMC Entertainment pulled back 25% after a 32% increase at Tuesday's ...

Singapore Telecommunication $Singtel (Z74.SG)$ said in a regulatory filing that its net profit for the first quarter ended June 30 increased 41.3% to S$628 million from S$445 million the previous year (Aug 24). The primary reasons for this were improved operational performance and "extraordinary gains" from Bharti Airtel in India.
Its operating sales decreased by 5.6% from S$3.8 billion to S$3.6 billion in the first quarter of 2022, while the g...

$DBS Group Holdings (D05.SG)$ $UOB (U11.SG)$ $OCBC Bank (O39.SG)$
The banks’ earnings for the 2QFY2022 all stood within the analyst’s expectations as their NIIs and NIMs rose across the board.
“We remain positive on banks. Bank dividend yields are attractive at 5% with upside surprises due to excess capital ratios. Stable economic conditions and ...

$OCBC Bank (O39.SG)$
"Our FY2022F estimates remain unchanged. Catalysts include lower provisions and higher interest income as economic conditions improve. OCBC is our preferred pick among the three banks due to attractive valuations, upside in dividend from a 15% CET-1 and lower provisioning as the Indonesian and Malaysian economies recover," writes Thum.

$OCBC Bank (O39.SG)$
They add: “Management remains positive on FY2022 outlook. Still, cognisant that headwinds from the Russia-Ukraine war, supply chain disruptions and recessionary risk have dented investor sentiment, loan growth guidance is tweaked to mid-single digit (from high-to-mid single digit). In our view, this is achievable given year-to-date (YTD) to...

$OCBC Bank (O39.SG)$ $Citigroup (C.US)$
Citi Research analysts Tian Yafei and Tan Yong Hong, pointing to soft market conditions and uncertainties weighing on wealth income for the year. “OCBC will tap on wealth flows with hubs in Singapore, Hong Kong and Dubai to also tap on European and Middle Eastern opportunities. Management indicated that strong momentum in trading income is sustainable with volatile markets. Focus continue...