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Nasdaq Bear Market: Is AMD or Nvidia the Best Buy Now?
Nvidia (NASDAQ: NVDA) and AMD (NASDAQ: AMD) are two of the biggest providers of artificial intelligence (AI) computing hardware, but Nvidia is much larger and more successful than AMD in this regard. However, after the latest market sell-off, each is still well off its all-time highs, with AMD down ...The Motley Fool
Thu, Apr 24
P&G falls after cutting annual forecasts due to weak consumer spending
** Shares of consumer goods bellwether Procter & Gamble PG.N fall 2.5% to $161.74 premarket** Tide parent cuts annual sales and profit forecasts after reporting bigger-than-expected drop in Q3 net sales** Co expects annual core earnings per share in the range of $6.72 to $6.82, down from prior t...Reuters
Thu, Apr 24
CANADA STOCKS-TSX futures flat as market optimism fades
April 24 (Reuters) - Futures for Canada's main stock index were subdued on Thursday, as investors assessed the impact of the U.S. administration's shifting positions on tariffs.June futures on the S&P/TSX index SXFcv1 were down 0.01% at 6.45 a.m. ET (1045 GMT).The Toronto Stock Exchange&...Reuters
Thu, Apr 24
2 Rock-Solid Real Estate Stocks You Can Buy Right Now
Industrial real estate investment trusts Prologis (NYSE: PLD) and Rexford Industrial Realty (NYSE: REXR) have been beaten down in the recent market turbulence. However, as longtime Fool.com contributors Matt Frankel and Tyler Crowe discuss in this video, these are solid businesses that are worth a c...The Motley Fool
Thu, Apr 24
CORRECTED-PREVIEW-Novo Nordisk's stellar Wegovy-fuelled run of hiking sales guidance could be ending
Novo to report Q1 results on May 7Analysts say company may cut 2025 sales forecastWegovy prescriptions plateau as Lilly's Zepbound gainsShares down 45% since December on disappointing trial data, competition concernsBy Maggie Fick LONDON, April 24 (Reuters) - Since launching its wildly popula...Reuters
Thu, Apr 24
IBM slides as federal spending cuts, uncertain economy impact consulting business
April 24 (Reuters) - Shares of International Business Machines IBM.N fell over 6% in premarket trading on Thursday after the company said some of its federal contracts were suspended, while an uncertain economy poses a further threat to its consulting business.The software and consulting giant said ...Reuters
Thu, Apr 24
Newborn Town Inc. (09911.HK) Announces Q1 2025 Operating Data: Revenue Expected to Exceed RMB 1,500 Million, Up 41.5% to 48.1 %, Fueled by Explosive Growth in Social and Innovative Businesses
Newborn Town Inc. (09911.HK) Announces Q1 2025 Operating Data: Revenue Expected to Exceed RMB 1,500 Million, Up 41.5% to 48.1 %, Fueled by Explosive Growth in Social and Innovative Businesses[Hong Kong – 24 April 2025] Newborn Town Inc. (Newborn Town or the company, stock code: 09911.HK), a leading global social entertainment company, released its unaudited operating data for the first quarter of 2025. For the three months ended 31 March 2025, the company’s total revenue is estimated to reach RMB 1,500 million to RMB 1,570 million, reflecting a year-on-year increase of approximately 41.5% to 48.1%. Revenue from social networking business amounted to approximately RMB 1,345 million to RMB 1,395 million, representing a year-on-year increase of approximately 39.1% to 44.3%. The innovative business saw a year-on-year growth of about 66.7% to 88.2%, as the segment’s revenue recorded approximately RMB 155 million to RMB 175 million.Social Networking Business Sees Explosive Growth Driven by AI TechnologyAccording to the announcement, the significant growth in social networking business revenue was attributable to the proactive adoption of AI technology, which has contributed to the expansion of its diverse suite of social applications. Over recent years, Newborn Town has deepened the integration of AI into its business operations, guided by the strategy of "AI Empowerment + Localized Operations + Global Expansion", yielding increasingly tangible outcomes.Earlier this year, Newborn Town introduced its self-developed multimodal algorithm model, Boomiix, which has enhanced user experiences and monetization potential through precise user behavior analysis and optimized recommendations. With continuous upgrades to Boomiix and its deeper integration across the business scenes and processes, the company’s social apps have achieved comprehensive growth in the first quarter, along with improvements in both revenue scale and commercialization efficiency.Noteworthy progress was seen in the market performance of the company’s social products, SUGO and TopTop, which have bolstered their competitiveness. According to data from Sensor Tower, during the period from January 1 to March 31, 2025, SUGO and TopTop respectively ranked 9th and 14th in the social apps category on the App Store's revenue rankings for the Middle East.The company’s diverse-audience social networking business (LGBTQ) also delivered outstanding performance in overseas markets. By optimizing social features, nurturing community ecosystems, and hosting branded events, HeeSay solidified its leadership in key markets such as Southeast Asia. Sensor Tower’s data indicates that HeeSay ranked among the top 20 social apps by revenue on Google Play in Southeast Asia during the first quarter of 2025.Innovative Business: Quality Games Propel Revenue Growth, While Social E-commerce Expands RapidlyAccording to the announcement, the growth in revenue from the innovative business segment was driven by the steady development of social e-commerce and continuous contributions from quality games.Newborn Town’s quality games business began contributing revenue to the listed company in the fourth quarter of 2024, signifying a successful entry into the global gaming arena. With the increasing application of AI across all stages of game development and operations, the quality games business is poised to deliver further commercial value, reinforcing the company’s second growth curve.In the first quarter, Newborn Town’s social e-commerce business also experienced rapid growth. This business, centered around Heer Health, a leading privacy-focused health e-commerce platform, achieved remarkable revenue growth in 2024, demonstrating robust potential in the company’s innovative business segment.Newborn Town Repurchased Over 100 Million Shares in Two YearsAmid rapid business growth, Newborn Town has intensified its share repurchase efforts. On March 20, 2025, the company announced plans to allocate up to HKD 200 million over the next two years to an independent professional trustee for the repurchase of company shares via a restricted share unit plan. Notably, this follows a similar-scale repurchase plan announced on December 13, 2024, underscoring the company’s strong confidence in its business expansion potentialAccording to an announcement on April 17, 2025, the company has purchased over 100 million shares from the market over the past two years. The board believes that these repurchases reflect the company's confidence in its business outlook and prospects, ultimately benefiting the company and creating value for shareholders.Newborn Town’s strategy of “AI Empowerment + Multi-market Breakthrough” continues to deliver results, fueled by the all-around advancement in the company’s product innovation, localized operation and business growth, as well as the AI-powered commercialization efficiency. As a result, the Company’s social networking and innovative businesses—the dual growth engines of Newborn Town—are gaining momentum.Moving forward, Newborn Town will strengthen its market presence in the Middle East while expanding globally to create more positive emotional value for users.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.com24/04/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Thu, Apr 24
Is Rigetti Computing Stock a Buy?
Quantum computing could be the next technology to deliver groundbreaking capabilities, following on the transformative power of artificial intelligence. One of the companies racing to create a scalable quantum computer is Rigetti Computing (NASDAQ: RGTI).As investors caught on to the potential of qu...The Motley Fool
Thu, Apr 24
Merck rises on quarterly results beat
** Drugmaker Merck's MRK.N shares rise 1.6% to $79.97 premarket ** MRK posts Q1 revenue of $15.53 billion, exceeding Wall Street estimates of $15.30 billion - data compiled by LSEG ** Co reports Q1 adj. profit of $2.22/share vs analysts' average estimate of $2.14/share** Cuts 2025 profit for...Reuters
Thu, Apr 24
LIVE MARKETS-Spanish and German stocks among Europe's winners so far in 2025
STOXX 600 little changedKering falls after resultsChina says no U.S. talks yetWall St futures lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comSPANISH AND GERMAN STOCKS AMONG EURO...Reuters
Thu, Apr 24
These Were the 3 Worst-Performing Stocks in the Dow Jones Industrial Average in March 2025
The Dow Jones Industrial Average (DJINDICES: ^DJI) index started to crack in March, falling 4.2%, with 73% of its 30 blue chip stocks ending the month in the red. Nike (NYSE: NKE), Walt Disney (NYSE: DIS), and Nvidia (NASDAQ: NVDA) were the worst-performing Dow stocks in March, and they've fallen fu...The Motley Fool
Thu, Apr 24
ANALYSIS-Tesla doubles down on robotaxi timeline; investors enthused - and skeptical
Tesla committed to launching robotaxi service in Austin by JuneDetails sought on autonomous driving profitability, safetyMusk previously predicted one million robotaxis by 2020By Chris Kirkham April 24 (Reuters) - Tesla TSLA.O peppered its latest earnings call with pledges to launch commercial ro...Reuters
Thu, Apr 24
3 Absurdly Cheap Dividend Stocks to Buy Right Now
Dividend stocks that are trading at low valuations can be attractive buys for multiple reasons. The first is that if they are priced low, they may possess a lot of upside in the long run, giving you the potential to not only net a lot of dividend income but also some significant gains from them. Sec...The Motley Fool
Thu, Apr 24
Hasbro up after upbeat first-quarter results
** Shares of toymaker Hasbro HAS.O up ~7% at $56.61 premarket** Co beats Q1 revenue and adjusted EPS estimates, according to data compiled by LSEG** Q1 revenue increased 17%, driven by 46% growth in the Wizards of the Coast and Digital Gaming segment, its largest** Co maintains its annual outlook an...Reuters
Thu, Apr 24
LIVE MARKETS-Strong USD buying into month end?
STOXX 600 down 0.1%Kering falls after resultsChina says no U.S. talks yetWall St futures lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comSTRONG USD BUYING INTO MONTH END? Barclay...Reuters
Thu, Apr 24
1 Magnificent Growth Stock Down 57% to Buy and Hold Forever
The broad market S&P 500 index is down 10% this year and off 14% from its peak, but it has climbed a bit from the low point it touched after President Donald Trump's broad tariff announcement tanked Wall Street a few weeks ago. The word out of the White House keeps changing, and the markets keep rea...The Motley Fool
Thu, Apr 24
2 No-Brainer Stocks to Buy With Less Than $30
Having significant capital in the bank when investing in equities is helpful, but is by no means necessary. Even with a relatively modest sum, like $30, it's possible to acquire one whole share of a top corporation that's likely to perform well in the long run. If you're patient and hold on to it th...The Motley Fool
Thu, Apr 24
1 No-Brainer Vanguard ETF to Buy Right Now
Market turbulence has defined 2025's investment landscape as political brinkmanship over trade policy sent stocks on a wild ride. The initial shock of President Trump's aggressive tariff announcements triggered widespread selling, particularly in growth-oriented sectors with global supply chains and...The Motley Fool
Thu, Apr 24
This Top Oil Stock Aims to Get a $1 Billion Boost by the End of 2026
Devon Energy (NYSE: DVN) has become a cash-producing machine in recent years. The energy company has invested heavily to grow its scale across several key U.S. oil and gas production basins to reduce costs and enhance its ability to produce free cash flow. That strategy has paid big dividends for in...The Motley Fool
Thu, Apr 24
OneConnect Files Annual Report on Form 20-F
SHENZHEN, China, April 24, 2025 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for the financial services industry in China, today announced it filed its annual...PR Newswire
Thu, Apr 24
