It’s been a volatile year for stock traders, but there are a handful of new winners in the S&P 500 that could be poised for big gains over the next 12 months, according to Goldman Sachs. In a note to clients on Friday, the bank said it updated its Sharpe Ratio basket, a list of…
The recent property downturn has paradoxically increased the market dominance of Hong Kong’s three biggest developers. An estimated 60 per cent of new residential units this year and next will be delivered by Sun Hung Kai Properties (SHKP), CK Asset Holdings and Henderson Land, up from 40 per cent in the past two years. Meanwhile,…
(Bloomberg) — Contemporary Amperex Technology Co. Ltd. is planning to seek at least $4 billion from its Hong Kong stock offering, people familiar with the matter said, which would make it the world’s biggest listing this year. The eventual proceeds could rise to $5.3 billion if the deal is upsized and the greenshoe exercised, according…
• Tariff headlines, ‘Mag 7’ earnings, U.S. jobs report, and PCE inflation data will be in focus this week. • Meta is expected to report better-than-feared earnings due to an improving digital ad market, making it an appealing stock to buy. • Pfizer’s expected earnings dive and sales decline suggest a more cautious approach. •…
Wall Street’s “sell America” trade wavered on Thursday as US stocks roared higher in a three-day rally sparked by easing trade tensions, although mixed messages from the Trump administration tempered investor enthusiasm and kept markets on edge over the durability of any potential deals. Earlier this week, investors dumped both US stocks and traditional safe…
Goldman Sachs (GS) CEO David Solomon said Monday that the prospect of a recession “has increased” amid the uncertainties of a trade war and the new challenges facing CEOs who are unsure about how to plan for the future. Solomon made his comments to analysts after releasing first quarter results showing market trading volatility helped…
EL PASO, Texas (KFOX14/CBS4) — President Trump’s recent reversal on global tariffs has led to a significant upswing in the stock market, with the Dow Jones Industrial Average climbing nearly 3,000 points. Financial advisor Ruben Guerra, founder of Guerra Registered Advisors, described the current market climate as “hysteria” and “a reaction,” rather than a fundamental…
Stock markets continue to fuel global economic foreboding following President Donald Trump’s sweeping tariffs on the United States’ trading partners. All eyes yesterday were on mainland and Hong Kong markets that had been closed for a long weekend since Trump’s announcement. The Hang Seng Index closed down 3,021 points or 13.22 per cent, the biggest…
On Thursday, the MPF reported a HK$34.8 billion investment return in the first quarter, according to data from MPF Ratings, an independent research firm. The MPF’s 379 constituent funds generated an average return of 2.7 per cent in the first quarter, the best performance since a 4.1 per cent gain in the first quarter of…
We recently published a list of 12 Popular Penny Stocks on Robinhood to Watch. In this article, we are going to take a look at where MicroAlgo Inc. (NASDAQ:MLGO) stands against other popular penny stocks on Robinhood to watch. The stock market is navigating a complex landscape influenced by geopolitical tensions, trade policies, and shifting…