Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term Hap Seng Plantations Holdings Berhad (KLSE:HSPLANT) shareholders have enjoyed a 25% share price rise over the last half decade, well in excess of the market return of around 8.6% (not including dividends). However, more recent returns haven’t been as impressive as that, with the stock returning just 1.4% in the last year, including dividends.Now it’s…
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Gemini – (21st May to 20th June)Daily Horoscope Prediction says, discover New Opportunities and Strengthen ConnectionsToday brings new opportunities for growth and connection, as long as you remain open-minded and adaptable. Strengthen relationships through clear communication. Gemini Daily Horoscope Today, October 23, 2024: Today is a day to embrace new opportunities, both personally and professionally. Gemini, today is a day to embrace new opportunities, both personally and professionally. Your natural adaptability will serve you well as you navigate through various situations. Pay attention to communication with those around you, as clarity can lead to deeper connections. Stay flexible and be…
(Bloomberg) — European equities were set to emulate Asia’s lackluster session as concerns on China’s economy and a tight US presidential election dented risk sentiment. The yen halted a three-day drop. Most Read from Bloomberg Euro Stoxx 50 futures edged lower, while contracts for US shares advanced. Most Asian equity benchmarks retreated, with losses led by China. In Japan, Finance Minister Katsunobu Kato said he sees one-sided, rapid moves in the currency market after the yen slumped over 1% against the greenback on Wednesday. Benchmark 10-year US yields dropped three basis points, largely erasing the prior session’s increase when it…
Investing.com – U.K. stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in London, the declined 0.64%. The best performers of the session on the were WPP PLC (LON:), which rose 6.10% or 47.20 points to trade at 820.80 at the close. Meanwhile, Smurfit WestRock PLC (LON:) added 4.60% or 157.00 points to end at 3,574.00 and Reckitt Benckiser Group PLC (LON:) was up 3.99% or 190.00 points to 4,953.00 in late trade. The worst performers of the session were 3I Group PLC (LON:), which fell 2.45% or…
By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL (Reuters) -South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year. The company played down market concerns about an oversupply of the chips used in generative AI chipsets, saying production of higher-margin HBM chips was limited due to technological challenges, while demand was proving stronger than expected. “We believe that it is premature to talk about demand slowdown for AI chips and HBM at…
SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023.Jakub Porzycki | Nurphoto | Getty ImagesSouth Korea’s SK Hynix, one of the world’s largest memory chipmakers, on Thursday posted record quarterly profit, boosted by strong demand for its high bandwidth memory (HBM) used in generative AI.Here are SK Hynix’s third-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate:Revenue: 17.57 trillion won ($12.7 billion) vs. 18.11 trillion wonOperating profit: 7.03 trillion won ($5.08 billion) vs. 6.8 trillion wonOperating profit in…
New research from Fidelity Investments finds 7-in-10 women own investments in the stock market, an 18% increase compared to 2023. Source link
International Business Machines (NYSE:) reported third-quarter earnings that beat analyst estimates, but revenue fell short of expectations, sending shares down 4.5% in after-hours trading. The technology giant posted adjusted earnings per share of $2.30, surpassing the analyst consensus of $2.22. However, revenue came in at $15 billion, slightly below the $15.04 billion analysts had forecast. Compared to the same quarter last year, revenue increased 1%, or 2% at constant currency. IBM ‘s Software segment was a bright spot, with revenue growing 9.7% YoY to $6.5 billion. The company’s Red Hat business saw a 14% increase in revenue. However, the Infrastructure…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jim Cramer is once again ringing the bell for Palantir Technologies Inc (NYSE:PLTR) fans. On CNBC’s “Mad Money,” the fiery host recommended holding on to the AI stock, saying, “There is no level that the buyers won’t take this stock higher.” But while Cramer is urging investors to ride the momentum, let’s dive into what the charts tell us ahead of Palantir’s third-quarter earnings. Chart created using Benzinga Pro Bullish Wave Continues — But Beware the Overbought Zone Palantir stock has been on…
Action fans can thank Eva Longoria for one of the highest-grossing movie franchises of the last decade. In a recent interview for the movie’s 10th anniversary, the producers of John Wick revealed how the Golden Globe nominee came through when they lost nearly $6 million in financing for the first in the four-film franchise. “We were less than a week out, and we lost almost $6 million on a gap financing,” explained Chad Stahelski to Business Insider. “We were financing independently to get the bond, but one of the investors couldn’t raise the money in time.” As CAA was pulling…