Exactly one week after Valentine’s Day, beleaguered real estate investment trust (REIT) Medical Properties Trust (NYSE: MPW) earned a little love on the stock market. Investors pushed the company’s share price up by more than 5%, topping the S&P 500 index’s marginal gain, following the release of quarterly and full-year results. A flip into negative […]
Hong Kong stocks wavered near a seven-week high amid mixed corporate earnings signals as lender HSBC underwhelmed and travel platform operator Trip.com beat market consensus. Property developers pared gains fuelled by speculation about market-easing measures. The Hang Seng Index slipped 0.3 per cent to 16,459.93 at 10.10am local time, failing to build on a 1.6 […]
Summary Southern Company is an electric and gas utility and wholesaler with 9 million customers and 41,000 megawatts of generating capacity. Its gas subsidiary also provides distribution and wholesale gas services. In 2023, retail electricity accounted for about 65% of total revenue while natural gas sales accounted for just under 20%. Southern’s electrical customer bases […]
The new security protocol has already been added to beta versions of iOS 17.4, iPadOS 17.4, macOS 17.4 and watchOS 10.4, which will roll out to all users in the coming weeks. It will replace the current security protocols for all iMessage chats by the end of the year. What is quantum computing and how […]
Lucas Jackson/Reuters Investor expectations for Nvidia’s upcoming earnings report are sky-high. JPMorgan said Nvidia’s stock price could negatively react to a blowout earnings report. “The bigger the beat,” the more the market will “think that supply is getting better,” JPMorgan said. All eyes will be on Nvidia after the market close today as the company […]
“China’s recent ‘quant quake’ has revealed systemic financial risks as a series of interconnected events and highlights the perils of crowding and leverage,” according to Fang, a Boston-based manager responsible for China and emerging-market strategies at Man Numeric, a quant investment division at Man Group. 05:39 Hong Kong stock market falls below 15,000 level, its […]
In a statement shared on social media, “Rich Dad Poor Dad” author Robert Kiyosaki voiced his critique of the Federal Reserve, labeling it a “criminal organization” responsible for economic disparities and favoritism toward the banking sector. Kiyosaki, known for his forthright views on financial education and investment strategies, expressed his frustration over the state of […]
[The content of this article has been produced by our advertising partner.] Propelling Macau’s Development to “City of Sports” with Unveiling World-Class Events Galaxy Entertainment Group (“GEG”) is steadfastly aligned with the Macao SAR Government’s “1+4” adequate diversification development strategy, aimed at achieving moderate economic diversification. With a strong focus on culture and sports, the […]
I have a million dollars and I want to put it to work for me. Where can I put it to make the most amount of passive income from it? Also, how can I minimize taxes on that to be able to keep more of that money? – Andrea While today’s high-interest rate environment has […]
A consortium led by state-owned pharmaceuticals giant Sinopharm has revived a take-private bid for China Traditional Chinese Medicine Holdings (China-TCM), the Hong-Kong-listed drug maker said on Wednesday, valuing it at HK$23.16 billion (US$2.96 billion). China National Pharmaceutical, also known as Sinopharm, had in 2021 decided against a possible privatisation of China TCM. Sinopharm, the parent […]
Start-ups and corporations are clamoring for Nvidia’s AI data center chips. On Wednesday, the chip maker reported January quarter data center revenue of $18.4 billion, up 409% year-over-year. In the year-ago quarter, revenue for that segment was just $3.6 billion. “Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across […]
By Arsheeya Bajwa and Max A. Cherney (Reuters) -Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering demand for its industry-leading artificial-intelligence chips, sending its shares up 10% after-hours. The already-hefty demand for the company’s data center chips and graphics processing units (GPUs) […]
