Earnings & Movers
S&P 500 Returns Last Week (as of 06/26)
"Valuations for Singapore stocks have bottomed, says Morgan Stanley, but it said that a 'sustained rebound is underway'."
"Facebook Inc. shares were poised to fall for a second day after more businesses, including Starbucks Corp. and Diageo Plc, joined growing number of brands planning to halt spending on social media, undermining the company's growth outlook."
"Huang co-founded Nvidia in 1993 to make a new type of computer chip ideal for powering three-dimensional videogames -- a few years before games needed such a thing. Fancier games soon followed. This fiscal year, which ends in January, gaming will be worth an estimated $6.1 billion in revenue for Nvidia. But there's much more to the company than that."
"Rare earths are metals used for a variety of advanced technologies, including computer screens, high-tech weapons and electric vehicles. According to the report by consulting firm Horizon Advisory, China cultivated its rare-earth industry through years of state subsidies, and is prepared to use it as a geopolitical weapon."