Global Markets Rise, Tracking Wall Street Gains Ahead of Thanksgiving
International stock markets tracked Wall Street gains and U.S. stock futures pointed to a higher open ahead of the Thanksgiving holiday.
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Read MoreSingapore stocks track Wall Street gains; STI up 0.4%
Across the broader market, gainers outnumber losers 280 to 258, after 1.3 billion securities worth S$1.3 billion change hands
[SINGAPORE] Singapore stocks ended higher on Wednesday (Nov 26), tracking overnight gains on Wall Street.
The benchmark Straits Times Index (STI) gained 0.4 per cent or 15.93 points to finish at 4,501.56.
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Read MoreIs This The Most Reliable Passive-Income Engine?
Among the more compelling income opportunities in this corner of the market is Ares Capital, a business development company offering a nearly double-digit yield supported by one of the strongest credit platforms in the country.
That yield isn’t the main reason sophisticated investors pay attention, though. What distinguishes Ares Capital is the durability of the system generating those payouts.
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Read MoreHealthcare ETFs: I Prefer VHT's Growth To XLV's Stability
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Read MoreMusk says AI and robotics are 'only' things that can solve massive US debt crisis
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The Big Money Show panel discusses Elon Musk’s bold prediction that artificial intelligence will make work optional and money irrelevant in the near future.
Elon Musk said in a new interview that he thinks robotics powered by artificial intelligence (AI) driving productivity gains and output are the only way to address the more than $38 trillion national debt.
Read MoreThe Burst
Market Commentary: $25 Billion Stock On Sale 90% Lower?
One of Warren Buffett’s old favorites, Brazil’s StoneCo, has emerged with a strategy that may create a U-turn in it share price. What was once a $25 billion company has crashed to just $3 billion and change in market capitalization.
Yet StoneCo hasn’t been knocked out for the count yet. It surprised investors with an announcement that signaled it was bullish on its own company via a R$300 million (approximately $58.2 million) share repurchase program.
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Read MoreThe Ivy
1 Under-the-Radar AI Stock Set To Soar
In a move that has piqued the interest of many investors, Nancy Pelosi, the former Speaker of the U.S. House of Representatives, recently purchased call options on Broadcom.
Her stake, valued at somewhere between $1 million and $5 million, is a significant vote of confidence from a well-connected political figure. It also raises the question,
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