$NVIDIA (NVDA.US)$ has risen to 147% so far in 2024, underscoring a shift in the tech world as the demand for its processors vastly outstrips supply. Nvidia is now the second-most valuable public company, behind Microsoft.
The chipmaker's stock rose 5.16% to $1,224.40, giving Nvidia a market capitalization of $3.01 trillion at the close. Apple's market capitalization was $3.00 trillion at the close, with its stock up 0.78%.
The latest rally for Nvid...
The chipmaker's stock rose 5.16% to $1,224.40, giving Nvidia a market capitalization of $3.01 trillion at the close. Apple's market capitalization was $3.00 trillion at the close, with its stock up 0.78%.
The latest rally for Nvid...
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The European Central Bank (ECB) is widely expected to cut interest rates for the first time since 2019 on Thursday (by the time you read this newsletter, perhaps the decision has been made). At the time of writing, investors in Asia are starting to react. Many Asian stock markets are going up with hopes that the ECB will pull the trigger and boost market sentiment.
Here are 5 reasons why stock markets react positively when interest rates are dow...
Here are 5 reasons why stock markets react positively when interest rates are dow...
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Ever heard of the cockroach portfolio? It's a method that evenly distributes your money across four asset types: Equities, Gold, Cash, and Bonds. Each asset is chosen based on its performance in different economic conditions like Growth, Inflation, Deflation, and Recession, providing stability during volatile situations.
During Growth - Use Equities:
When the economy is doing well, like when people start spending more money, businesses, in turn, will make more mone...
During Growth - Use Equities:
When the economy is doing well, like when people start spending more money, businesses, in turn, will make more mone...
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On May 29, 2024, $LAGENDA (7179.MY)$ experienced a significant market setback as its shares hit the limit down, falling to RM1.17 per share. The company, known for its affordable housing projects, is now under scrutiny as investors and market analysts seek to understand the factors driving this sudden drop in value.
In a related development, the Malaysian Anti-Corruption Commission (MACC) detained a managing director linked to a controversial Malay Reserve land ...
In a related development, the Malaysian Anti-Corruption Commission (MACC) detained a managing director linked to a controversial Malay Reserve land ...
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Last year in 2023, more than 191,000 workers at U.S.-based tech companies were laid off in mass job and the cuts have continued into 2024. According to Crunchbase News tally, at least 52,985 workers at U.S.-based tech companies have lost their jobs so far this year in 2024.
Tech companies are not the only ones facing layoffs; United Parcel Service Inc. (UPS) announced 12,000 layoffs, while Microsoft Corp. (MSFT) cut 1,900 jobs post-merger. Google's parent company,...
Tech companies are not the only ones facing layoffs; United Parcel Service Inc. (UPS) announced 12,000 layoffs, while Microsoft Corp. (MSFT) cut 1,900 jobs post-merger. Google's parent company,...
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$NVIDIA (NVDA.US)$ reported its first quarter earnings last Wednesday. Sales jumped 262% in the first fiscal quarter to $26 billion. It’s an 18% gain from the previous quarter. In terms of profit, it jumped 461% from a year ago. As you can imagine, that set of earnings shot up its share price over 20% in the past 5 days alone. The excitement doesn’t stop there.
Together with the earnings announcement, Nvidia also said that it is splitting...
Together with the earnings announcement, Nvidia also said that it is splitting...
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We get it—diving into the stock market can be intimidating, especially if you're a beginner. But there is a way for you to start investing without losing a dime.
Paper trading allows you to practice buying and selling "fake" stocks, bonds, or cryptocurrencies in a simulated environment without risking real money. It's like a virtual investment playground where you can hone your trading skills risk-free! 📈
How does paper trading work? Paper trading involves using a virtual...
Paper trading allows you to practice buying and selling "fake" stocks, bonds, or cryptocurrencies in a simulated environment without risking real money. It's like a virtual investment playground where you can hone your trading skills risk-free! 📈
How does paper trading work? Paper trading involves using a virtual...
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I have to admit that $Grab Holdings (GRAB.US)$ is the baddest superapp in Southeast Asia, with seemingly impenetrable moats.
Last quarter, the company reported better-than-expected earnings per share (EPS) and positive EBITDA values for the first time. One quarter later, GRAB released its Q1 earnings again, where its EPS missed by $0.02 to 3 cents per share. That could only be the only bad news in this earnings report, because the adjusted EBITDA improved by $129mil year ...
Last quarter, the company reported better-than-expected earnings per share (EPS) and positive EBITDA values for the first time. One quarter later, GRAB released its Q1 earnings again, where its EPS missed by $0.02 to 3 cents per share. That could only be the only bad news in this earnings report, because the adjusted EBITDA improved by $129mil year ...
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We are almost halfway into 2024. During this period, the S&P500 is up a solid 11.6%. The funny thing is that all those gains came in just nine trading days. So if you had a crystal ball, you just had to trade on these 9 days, and you could well be rich! Here’s a short trip down memory lane:
Jan. 8 (up 1.4%): The S&P 500 largely picked up where the 2023 rally left off after stumbling 1.5% over the first few days of the new year. On that day, $NVIDIA (NVDA.US)$ also unv...
Jan. 8 (up 1.4%): The S&P 500 largely picked up where the 2023 rally left off after stumbling 1.5% over the first few days of the new year. On that day, $NVIDIA (NVDA.US)$ also unv...
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Imagine after fighting a tough war on the battlefield, the general declared in a victorious tone: “We fought well, and we won! And now, we need to cut costs! There won’t be a higher salary, and some of you will be laid off!”
Like what??!!
That scenario is playing out in real life. Google’s business is growing at its fastest rate in two years, and a blowout earnings report in April sparked the biggest rally in Alphabet shares since 2015, pushi...
Like what??!!
That scenario is playing out in real life. Google’s business is growing at its fastest rate in two years, and a blowout earnings report in April sparked the biggest rally in Alphabet shares since 2015, pushi...
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