Market Review and Trends
Top Stock Market Highlights of the Month: Nvidia, Google, Microsoft and US Interest Rates
By The Smart Investor  •  June 2, 2024
Welcome to The Smart Investor’s first top stock market highlights for the month. May has been a busy month with the release of the latest quarterly earnings and business updates from a host of Singapore and US companies. We took the liberty of selecting the most relevant news bits and summarising them here in case you missed them. For this month, we are featuring several popular US growth stocks. These stocks are moving the US market and pushing the NASDAQ Composite Index to a new record high. Meanwhile, the US Federal Reserve also provided its latest hints on whether it intends to cut interest rates or leave them “higher for longer”.

Nvidia (NASDAQ: NVDA)

Nvidia released another set of blowout earnings for its first quarter of fiscal 2025 (1Q FY2025) ending 28 April 2024. Revenue hit US$26 billion, a record high and more than tripling year on year. Operating profit came in at US$16.9 billion, up 690% year on year from...
Read the full article
By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance