On Mon, 10 Jun 2024, $Morgan Stanley(MS)$ CEO Ted Pick said that a higher-for-longer interest rates are "good for business." at a financial services conference hosted by it’s Research division. Mr Pick felt it is good for business mainly because Morgan Stanley’s management team have spent a lot of time refining the strategy. With the FOMC June 2024 meeting officially over, Mr Jerome Powel and team have confirmed that Fed funds rate remained status quo for another month. More importantly, US central bank has confirmed a single interest cut in 2024 due to: A string of sticky inflation readings during Q1 2024, and Surprisingly strong economic data. Current rate path presents a conundrum for many banks that: Rely heavily on the spread between what they
$SUPER MICRO COMPUTER INC(SMCI)$ We are seeing the volatility in Super Micro because of the small float. A 10-1 split would diminish that. A good thing. Amazon example was 20-1. Another good thing. Amzn recently pushed higher to all time high 189 something. that equals 3795 based on 20-1. Who can afford to buy shares except the super wealthy at that price? When Super Micro gets to 1500 and splits 10-1 that will increase the number of shares you have 10 fold and bring the share price to 150 per. that will be super attractive to New investors. Soon your less expensive shares will be back up to 1000 per share. Splits equal massive growth.
In a continued show of financial robustness, Johnson & Johnson (NYSE:JNJ) has declared a 4.2% increase in its quarterly dividend, raising it from $1.19 per share to $1.24 per share. This adjustment marks the 62nd consecutive year the healthcare giant has increased its dividend, underscoring a long-standing commitment to delivering shareholder value. The new dividend rate elevates the annual payout to $4.96 per share, up from the previous $4.76 per share. Johnson & Johnson has scheduled the next quarterly dividend payout for June 4, 2024, with May 21, 2024, set as the record date for shareholders eligible to receive the dividend. Additionally, the ex-dividend date is announced as May 20, 2024.
Dear Prime Minister, May I congratulate you on your appointment to be Singapore 's New Prime Minister on May 15. While I know that it is a great responsibility to lead Singapore into the future, I believe that you are well equipped to position Singapore as a country that is a shining example of racial harmony, peace and stability. We have been so fortunate to have strong leaderships in our previous Prime Ministers starting with Mr Lee Kuan Yew, Goh Chok Tong and Lee Hsien Loong who have led Singapore to where it is today. I am hopeful that you will guide Singapore with confidence, strength and the ability to position Singapore on the world stage as a safe haven and a great place to bring up our young. Singapore is currently at a crossroads where geopolitical conflicts wil
$NIO Inc.(NIO)$ upcoming earnings announcement is crucial for investors seeking to understand the company's financial performance and future prospects. It's crucial to consider Nio's recent delivery numbers, which have been positive. In February 2024, they reported delivering 7,859 vehicles, marking a 36.6% increase year-over-year and a 10.4% increase compared to January 2024. While historical performance isn't always indicative of future results, Nio's consistent delivery growth offers a positive outlook for the upcoming earnings announcement. $Li Auto(LI)$ $XPeng Inc.(XPEV)$