Wall Street ends lower on healthcare losses, interest rate jitters

By Admin 18/08/2023

The Straits Times Business News August 18, 2023 4:54 AMThe stock market’s weakness in recent days is due to robust US economic growth. Go to Source 18/08/2023 – 00:03 / Twitter: @hoffeldtcom

Disney profit misses estimates as streaming costs rise, ad sales soften

By Admin 09/11/2022

The Straits Times Business News November 09, 2022 11:18 AMDisney’s stock fell more than 10 per cent in extended trading after the results were announced. Go to Source November 9, 2022 – 6:13 am / Twitter: @hoffeldtcom

Singapore stocks edge lower, amid mixed regional trading

By Admin 19/10/2022

The Straits Times Business News October 19, 2022 6:05 PMSINGAPORE – Singapore stock pricess ended lower on Wednesday, amid mixed trading in the region. The Straits Times Index (STI) lost 0.1 per cent, or 3.08 points, to close at 3,022.8. Go to Source October 19, 2022 – 3:04 pm / Twitter: @hoffeldtcom

S’pore-listed Frasers Hospitality Trust tumbles 24% after privatisation deal fails

By Admin 13/09/2022

The Straits Times Business News September 13, 2022 9:33 AMThe stock was down by as much as 24.8% to 53 cents at 9.20am, after a trading halt was lifted. Go to Source September 13, 2022 – 6:03 am / Twitter: @hoffeldtcom

S&P 500, Nasdaq slide as weak economic data, dire outlooks stoke recession fears

By Admin 25/05/2022

The Straits Times Business News May 25, 2022 5:18 AMAll three major US stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Go to Source May 25, 2022 – 12:02 am / Twitter: @hoffeldtcom

Chinese EV maker Nio starts trading on SGX

By Admin 20/05/2022

The Straits Times Business News May 20, 2022 9:46 AMThe stock opened at US$16.90 and rose as high as US$20.28 in early trading. Go to Source May 20, 2022 – 6:07 am / Twitter: @hoffeldtcom

Robinhood surges 50% in frenzied trading, as investors scoop up ‘the meme of memes’

By Admin 05/08/2021

The Straits Times Business News August 05, 2021 7:24 AMThe stock has risen far above its IPO price of US$38 and has logged its fourth straight day of gains. Go to Source August 5, 2021 – 3:01 am / Twitter: @hoffeldtcom

Serial System shares surge by over 40% after CEO’s stock purchase

By Admin 14/06/2021

Serial System shares surge by over 40% after CEO’s stock purchase : June 14, 2021 6:34 PMIt closed at 14.5 cents, up 42.2 per cent, on volume of 53.4 million at end of trading on Monday. Link: https://www.straitstimes.com/business/companies-markets/serial-system-stock-surges-by-over-40-per-cent June 14, 2021 3:01 pm / Follow me on Twitter: @hoffeldtcom

A meme stock is born: How to spot the next Reddit favourite

By Admin 14/06/2021

A meme stock is born: How to spot the next Reddit favourite: June 14, 2021 7:47 AMTrying to keep up with the frenzied rise of so-called meme stocks might feel a bit like playing a game of whack-a-mole. Link: https://www.straitstimes.com/business/companies-markets/a-meme-stock-is-born-how-to-spot-the-next-reddit-favourite June 14, 2021 3:02 am / Follow me on Twitter: @hoffeldtcom

Bernie Madoff, Fraud Mastermind, Dies at Age 82

By Admin 14/04/2021

The one-time chairman of the Nasdaq Stock Market and a fixture on Wall Street for decades shocked the world in December 2008 when he confessed his investment business was a multibillion-dollar ponzi scheme.