April 29, 2024
Investors

While individual investors own 17% of TASCO Berhad (KLSE:TASCO), public companies are its largest shareholders with 65% ownership

Key Insights Significant control over TASCO Berhad by public companies implies that the general public has more power to influence management and governance-related decisions Nippon Yusen Kabushiki Kaisha owns 65% of the company Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock To get a sense of

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Investors

Investors Focus on Costs of New Labor Contract as GM Reports Earnings

General Motors’ first-quarter earnings are coming Tuesday morning. Investors will want to see progress offsetting higher wages following the 2023 labor negotiations with the United Auto Workers Union. For the first quarter, Wall Street is looking for earnings per share of $2.12 and an operating profit of $3.1 billion from sales of $42.1 billion. A

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Investors

Bitcoin’s halving fails to stem $206 million outflows as investors shift to altcoins like Polkadot

Crypto-related investment products saw their second consecutive week of outflows in April, with roughly $206 million leaving the market, per CoinShares‘ recent weekly report. Despite Bitcoin’s recent halving, which typically generates excitement in the market, investor interest in the leading digital asset remained subdued, evidenced by outflows totaling $192 million. Conversely, short-term investors seized the

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Investors

Leading Impact Investors and Philanthropists Convene for Mission Investors Exchange 2024 National Conference in Los Angeles in May

Speakers will include Los Angeles Mayor Karen Bass, filmmaker Ava DuVernay, Roc Nation’s Jay Brown, foundation presidents, seasoned impact investors, and community leaders committed to positive social and environmental change Mission Investors Exchange 2024 National Conference Mission Investors Exchange (MIE) is the leading impact investing network for foundations, philanthropic asset owners, and their partners dedicated

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Investors

B.Riley cuts Sunnova stock price target as investors await new strategy results By Investing.com

On Monday, B.Riley Financial adjusted its price target for Sunnova Energy International Inc . (NYSE:), reducing it to $15 from the previous $21, while continuing to endorse the stock with a Buy rating. The firm acknowledges Sunnova’s advantageous positioning within the competitive residential solar market, emphasizing the company’s strategic focus on enhancing profitability and cash

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Investors

Shiba Inu closes $12 million funding round led by non-US investors By Investing.com

The team, creators of one of the most actively traded memecoins, has completed a $12 million funding round by selling their new token, TREAT, to venture capital investors outside the U.S.  The announcement was made by Shiba Inu’s lead developer, Shytoshi Kusama, at the Token2049 event in Dubai. The token round comprises both pre-seed and

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Investors

SMCI Stock: Should Investors Take Caution Ahead of Q3 Earnings?

Super Micro Computer (NASDAQ:SMCI) will announce its Q3 earnings on Tuesday, April 30. However, unlike its history, SMCI has not issued any positive business update for Q3 ahead of the earnings, which raises concerns. Highlighting the same, Wells Fargo analyst Aaron Rakers said the absence of a positive preannouncement could be seen as a negative indicator. The five-star

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Investors

Individual investors account for 35% of Kelington Group Berhad’s (KLSE:KGB) ownership, while institutions account for 34%

Key Insights Significant control over Kelington Group Berhad by individual investors implies that the general public has more power to influence management and governance-related decisions A total of 8 investors have a majority stake in the company with 50% ownership Institutions own 34% of Kelington Group Berhad To get a sense of who is truly

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Investors

Dow Jones Futures Loom After Nvidia, Super Micro Plunge; Tesla Slashes Prices With Earnings Due

Dow Jones futures rose slightly Sunday night, along with S&P 500 futures and Nasdaq futures. Earnings from Microsoft (MSFT), Meta Platforms (META) and many more are on deck. Tesla, which reports Tuesday, slashed EV and FSD prices over the weekend. X The stock market suffered sharp losses in the past week. The Dow Jones actually

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Investors

Bitcoin Halving Concludes as Investors Uncertain on Gains

Like the Summer Olympics and the presidential election, bitcoin’s “halving” comes every four years. The latest halving — a preprogrammed event that cuts the amount of available coins to be mined in half — happened Friday (April 19) evening, according to multiple published reports. As noted here late last week, the halving is built in

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