Crypto Shares Rebound. BIT Mining up Nearly 8%; BitMine up 4%; SharpLink Gaming up 3%; DeFi Dev, BTCS, Bit Digital up over 2%
Crypto shares jumped on Wednesday. BIT Mining up nearly 8%; BitMine up 4%; SharpLink Gaming up 3%; DeFi Dev, BTCS, Bit Digital up over 2%; Strategy, Circle, Coinbase up 1%.
OCBC Investment Research Downgrades CDL To ‘Hold’ After Share Price Rebound
The research team at OCBC Investment Research has downgraded City Developments Limited (CDL) to “hold” after CDL’s shares rebounded by some 40.5% as at July 23 from its trough in April. The team has,...
Post-Bell|S&P 500, Nasdaq Nearer to Record Closing Highs; Nvidia Rises After Fresh Record; Nvidia Rises After Fresh Record; Cyngn Soars 171%; Core Scientific Surges 33%; BigBear.ai up 21%; SMCI up 6%
Wall Street closed higher on Thursday, nudging the S&P 500 and the Nasdaq nearer to record closing highs as the Israel-Iran ceasefire continued to hold and a raft of economic indicators appeared to su
Trump's Tariffs and Their Ripple Effect on Singapore's Economy
Analysts say the impact would be cushioned by other factors, but could worsen if more countries are targeted by US tariffs.A general view of the Pulau Brani port terminal in Singapore on Jul 3, 2024.S
Trump's Return to the White House Is Ushering in a "Stock Picker's Paradise"
Active investors could see more opportunities during a second Trump administration. The second Trump administration could be a boon for stock pickers, according to a team of equity strategists at Barclays.What they found is that performance among the S&P 500's 11 sectors was remarkably uneven during Trump's first year in office. A similar pattern was initially seen in Europe but faded within a few months as U.S. stocks blew past their European peers.A repeat would create more opportunities for active managers to outperform benchmarks like the S&P 500, ushering in the return of a "stock picker's market," according to Venu Krishna, the head of U.S. equity strategy at Barclays.Data from S&P Dow Jones Indices showed 57% of all active large-cap U.S. equity managers tracked by the firm underperformed the S&P 500 during the first half of 2024. That number was actually better than expected and consistent with 60% outperformance from 2023, according to a report from Anu Ganti, S&P DJI's head of