3 Stocks to Watch This Week
The first week of August could make or break these companies in the near term.
Global
SPH calls for trading halt pending announcements
The company in May proposed a plan to hive off the media business into a new not-for-profit entity.. Read more at straitstimes.com….
Hanging By A ZIRP Thread While Poking The Hegemony Bear
The stock market and economy are hanging by a thread over an economic abyss. That thread is zero interest rates. Rampant inflation…
Large-Caps Are Rallying; Small-Caps Are Consolidating (Technically Speaking For The Week Of 7/26-7/30)
2Q GDP rose 6.5% at an annual rate. Personal consumption expenditures rose 1%. Large-caps are rallying while smaller-caps are…
Top 5 cryptocurrencies to watch this week: BTC, UNI, LINK, SOL, XMR
Bitcoin’s sharp rally brought out the bulls and if the momentum sustains UNI, LINK, SOL and XMR could move higher.
Fintech company Square to buy Afterpay for US$29 billion as buy now, pay later booms
U.S. fintech company Square Inc said on Monday it had agreed to purchase Australian buy now/pay later firm Afterpay Ltd for about…
HSBC, Union Bancaire side with China stock signals on downside while Dalio tells sceptics not to be scared after US$1.2 trillion sell-off
Chinese stocks in the mainland and Hong Kong markets cratered last week, wiping out US$1.2 trillion in market value along the…
Jack Dorsey’s Square Buys Australian Fintech Company Afterpay for $29 Billion
Financial tech company Square, founded by Twitter CEO Jack Dorsey, will buy Australian company Afterpay in a $29 billion all-stock…
Afterpay to be bought by US giant Square in $39 billion deal
Buy now, pay later market darling Afterpay enters into a deal with payments firm Square, which values it at $39 billion.