Latest news with #Nasdaq-100
Business Times
2 days ago
- Business
- Business Times
Not just DBS or Nvidia: these are the top most-traded stocks in Singapore
[SINGAPORE] The year to date has been marked by significant market volatility, with trade tensions and tariff-related uncertainty acting as key catalysts. Global supply chains have faced persistent disruptions as major economies imposed and responded to tariffs, particularly in sectors like technology and manufacturing. Since coming into office in January, US President Donald Trump has issued a raft of executive orders and imposed wide-ranging tariffs on multiple countries and territories. The policy shifts introduced have added a layer of unpredictability that has kept investors on the edge and prompted many firms to reassess their sourcing strategies and cost structures. For the next US Federal Reserve meeting, rate cut bets are rising, according to Reuters, as risks rise that inflation may return due to Trump's tariff policies. Amid the uncertainty, what have investors based in Singapore been buying? Brokerages MooMoo, OCBC, iFast provided The Business Times with data on the top traded stocks this year by Singapore investors, regardless of which exchange they were listed on: A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up In the second half of 2024 prior to Trump's inauguration for his second presidential term, tech stocks and ETFs were heavily traded by Singapore investors on the FSMOne platform, said Joshua Chim, FMSone Singapore general manager. Chim added that at the time, investors not only invested in popular indexes such as the S&P 500 and Nasdaq-100, but they also took on leveraged bets via leveraged exchange traded funds (EFT), including Semiconductor 3X and 2X long on Nvidia. 'Interestingly, our investors continued to trade heavily in tech stocks in April 2025, amid a huge plunge in prices across global stock markets following Trump's announcement of (the) sweeping tariffs impacting many countries,' the brokerage general manager added. Due to the increased uncertainty, investors have been shifting to safe haven assets such as gold ETFs, with gold prices hitting an all-time high on multiple occasions. Investors have also flocked to bitcoin ETFs, as the cryptocurrency hit record highs this year. But Singapore stocks continue to remain popular among local investors. Said OCBC managing director of securities Wilson He: 'SGX-listed stocks have always been popular among our customers. As a well-regulated and dynamic market, (these) stocks are recognised for their high and stable dividend yields.' He noted that in particular, the three local banks have been consistently sought after by customers because of their strong fundamentals, consistent performance and reliable dividends. 'However there has been a growing interest in technology stocks, especially those involved in artificial intelligence and advanced computing,' he said, pointing to Nvidia.
CNBC
3 days ago
- Business
- CNBC
This investment manager can soar on proposed change to widely followed fund, says TD Cowen
Invesco could be on the verge of a "game changer," according to TD Cowen. TD Cowen upgraded the investment management stock to buy from hold and raised its price target to $25 per share from $17.50. The firm's forecast implies about 26% upside from Friday's close. Analyst Bill Katz pointed to Invesco's recent Securities and Exchange Commission filing, which showed the company sought approval to restructure certain aspects of its Invesco QQQ Trust (QQQ) to reflect an open-ended fund as opposed to a unit investment trust (UIT). The QQQ, which tracks the Nasdaq-100 index, is one of the most widely held funds both by institutions and retail investors alike. It has about $355 billion in assets. IVZ YTD mountain Invesco stock in 2025. "We believe this is a major development for the firm - and though the stock jumped ~15% on [Friday], we see additional follow through, likely post 2Q results set for 7/22," the analyst said. The potential reorganization of Invesco's premier ETF could allow the company to capitalize on a greater share of fee revenue from the ETF, which would also benefit stakeholders in QQQ, Katz wrote. The move could also see a decline in the fund's expense ratio if the proposed changes are approved. "We think the move on 7/18 was purely reflective of earnings accretion; we see room for additional multiple expansion as investors think through implication," Katz added. Invesco reports second-quarter earnings on Tuesday. Shares gained more than 2% Monday after the upgrade. Year to date, the company is up 14%.
Business Insider
4 days ago
- Business
- Business Insider
The Week That Was, The Week Ahead: Macro & Markets, July 20, 2025
Everything to Know about Macro and Markets The S&P 500 (SPX) and the Nasdaq-100 (NDX) inched down from Thursday's record highs, though still closing the week up 0.59% and 1.25%, respectively. The Dow Jones Industrial Average (DJIA) finished the week nearly flat at –0.07%. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. No Place For Cuts Stocks declined on Friday, consolidating after the S&P 500 and the Nasdaq reached all-time highs on Thursday. While the healthcare sector – and particularly UnitedHealth (UNH) – continued to weigh down the DJIA index throughout the week, the S&P 500 and the tech indexes surged from Wednesday's dip thanks to positive economic data, strong earnings, and relief following President Trump's admission that he is not planning on firing Federal Reserve's chair Jerome Powell, although he isn't happy about his strict monetary stance. While other indexes hovered around the zero line on Friday, pulled in different directions by apparent strength of the economy, the resulting reduction in rate-cut expectations, as well as high earnings variability – the Dow was decisively in the red on reports that Trump is pushing for larger tariffs on the European Union. According to media reports, Trump has demanded a minimum tariff of between 15% and 20% in any deal with the EU, as the bloc strives to reach a trade agreement before August 1 deadline for implementing a 30% levy. Traders are now assigning nearly zero chances for a rate cut at the Federal Reserve's next meeting on July 30, as the economy continues to demonstrate enviable health and corporate sector appears strong, while inflation is grinding down despite the tariffs – but at a much slower pace than policymakers would like to see. Fed Governor Christopher Waller said that the Fed should cut rates now – saying that the economic momentum is slowing and risks to employment are elevated. However, Waller and Michelle Bowman are the only rate committee members who have opined in favor of a July cut. The Economy Is Fine Last week, another batch of data confirmed that the U.S. economy continues to be healthy, even if moderate weakness is emerging in some pockets. Retail sales rebounded in June, indicating that tariffs are not significantly impacting consumer spending, at least not yet. The print confirmed what was earlier reflected in the earnings commentary of the largest U.S. banks, with JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) reporting increases in their consumer banking revenues, stemming from higher credit-card debt – while delinquencies remain stable year-over-year. Meanwhile, initial jobless claims fell last week to their lowest level in three months, confirming the 'Goldilocks' state of the economy. The Philly Fed business outlook jumped to one of the strongest readings in the past three years, confirming robust business activity. That was reaffirmed by a stronger-than-expected gain in industrial production in June. Earlier in the week, CPI and PPI reports showed that core price increases remain subdued. Import prices fell in June, helping ease tariff-related worries. Importantly, Friday's UoM consumer survey showed plunging one-year inflation expectations, along with the continued decline in the long-term expectations. Moreover, July's preliminary consumer sentiment index came in better-than-expected for the fourth month in a row, continuing its strong rebound from April's lows. Stocks That Made the News ▣ Netflix (NFLX) kicked off Q2 Big Tech earnings season with a 'beat and raise' report. However, a strong EPS beat and increased full-year revenue guidance – coupled with a reiterated plan to double ad revenue in 2025 – weren't enough to excite the markets, with heavy profit taking ensuing following the post 40%+ rally year-to-date. Investors were disappointed as the streaming giant's Q2 revenue only narrowly surpassed estimates, while the key reason for forecast increase was a weaker dollar and not rising strong customer demand. ▣ TSMC (TSM) also saw heavy profit taking on Friday after a strong run year-to-date. The world's dominant chip builder reported strong revenue growth and record EPS and ROE. It also noted that Nvidia (NVDA), the company's largest client, has received government approval to resume sales of H20 AI chips to China – which is a positive news for TSMC as China is one of the key global markets for semiconductors. TSMC said that demand for AI chips was 'getting stronger and stronger,' lifting its revenue guidance for Q3 and full year. However, the company said it is being more conservative in its forecasts, as it weighs the possible impact of tariffs and 'a lot of other uncertainties.' ▣ GE Aerospace (GE) stock soared after it posted a nearly flawless earnings report, beating revenue and EPS estimates and posting a robust backlog and surging cash flows. The company revealed significant advancements in technology, including AI-enabled tools, and plans to increase capacity by 40% by the end of the decade. Despite tariff and macro uncertainties, along with other headwinds, GE raised its 2025 revenue and EPS guidance and increased its outlook through 2028. With a nearly 60% rally year-to-date, the stock seems unstoppable, supported by analyst enthusiasm. ▣ The weakness in health insurance stocks weighed on the market at the end of trading week. Humana (HUM), a leading provider of Medicare Advantage plans, lost its lawsuit challenging the U.S. government's decision to reduce its star rating. The loss prevents Humana from reversing billions in Medicare bonus payment cuts for 2026, directly threatening future profits. Other health insurers like UnitedHealth (UNH) and Centene (CNC) also experienced losses, as the decision signaled broader risks to insurer profitability tied to Medicare quality ratings. At the same time, Elevance Health (ELV) has seen its stock drop following rating downgrades and analyst price-target reductions. Elevance had released Q2 earnings that missed expectations, and it sharply reduced its full-year profit forecast, blaming rising medical costs in its Medicaid and Affordable Care Act (ACA) segments. ▣ Pharmaceuticals, on the other hand, fared better than feared following the announcement of new U.S. drug price control policies – particularly President Trump's executive order mandating 'Most Favored Nation' (MFN) pricing, aimed at aligning U.S. drug prices with those in other developed countries. The administration provided a clarifying statement citing careful and gradual implementation, helping broad pharmaceutical ETFs to recover from the initial decline. ▣ Interactive Brokers (IBKR) stock jumped following its Q2 2025 results release. The leading automated electronic brokerage platform delivered an across-the-board positive surprise, with substantial beats on both earnings and revenue, driven primarily by explosive client growth and surging trading activity. ▣ Abbott Laboratories (ABT) stock fell sharply as modest beats on revenue and earnings in Q2 were overshadowed by a reduction in full-year organic sales growth guidance. Despite guidance disappointment, several analysts maintained or even raised their buy ratings and target prices on ABT, helping the stock to claw back some losses. ▣ PepsiCo (PEP) surged following its Q2 2025 report as both earnings and revenue beat Wall Street expectations, and management reiterated its full-year guidance, expressing confidence in both North America's recovering results and sustained international momentum. The producer of Pepsi-Cola and Doritos, along with other iconic brands, demonstrated its ability to outperform expectations and maintain stability – even as industry peers face sluggish demand and cost headwinds. ▣ Another 'beat-and-raise' – an unexpected one – arrived from United Airlines (UAL). United, one of the 'Big Four' U.S. airlines, beat analyst expectations, delivering modest revenue growth and smaller-than-expected EPS decline year-over-year. The company highlighted a sharp acceleration in booking demand beginning in early July, which drove its optimistic comments about expecting a 'strong finish to the year.' UAL upgraded its full-year EPS guidance, noting that even the raised outlook may prove conservative. The stock jumped as United not only overcame operational challenges, but also pointed to a noticeable turnaround in market demand, suggesting the worst of the uncertainty might be over for the airline sector. ▣ The stock of ASML Holding (ASML) fared worst among mega-caps last week following its earnings release. The undisputed leader in EUV chip lithography machines – required for manufacturing the world's leading-edge semiconductors – reported strong Q2 results that beat expectations on sales, earnings, and net bookings. However, the management shook the markets with its cautious and uncertain forward-looking comments, stating that they cannot guarantee revenue growth in 2026 due to macroeconomic and geopolitical uncertainties, especially related to tariffs and trade tensions. Near-term outlook also disappointed, with ASML guiding for Q3 revenues below analyst consensus and narrowing full-year 2025 sales expectations slightly below bullish forecasts. The Q2 2025 earnings season is in full swing, with many notable releases scheduled for this week. The highlight of the week will be the reports from Alphabet (GOOGL) and Tesla (TSLA) on Wednesday, which will open the earnings season for the Magnificent Seven tech mega caps. Also in focus will be earnings releases from Verizon (VZ), Coca-Cola (KO), Philip Morris (PM), RTX (RTX), Danaher (DHR), Texas Instruments (TXN), Intuitive Surgical (ISRG), Chubb (CB), Lockheed Martin (LMT), General Motors (GM), IBM (IBM), T-Mobile US (TMUS), ServiceNow (NOW), Amphenol (APH), Blackstone Group (BX), Honeywell International (HON), and Intel (INTC).
Business Insider
4 days ago
- Business
- Business Insider
3 Economic Events That Could Affect Your Portfolio This Week, July 21-25, 2025
The S&P 500 (SPX) and the Nasdaq-100 (NDX) inched down from Thursday's record highs, though still closing the week up 0.59% and 1.25%, respectively. The Dow Jones Industrial Average (DJIA) finished the week nearly flat at –0.07%. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. While other indexes hovered around the zero line on Friday, pulled in different directions by apparent strength of the economy, the resulting reduction in rate-cut expectations, as well as high earnings variability – the Dow was decisively in the red on reports that Trump is pushing for larger tariffs on the European Union. According to media reports, Trump has demanded a minimum tariff of between 15% and 20% in any deal with the EU, as the bloc strives to reach a trade agreement before August 1 deadline for implementing a 30% levy. Last week, another batch of data confirmed that the U.S. economy continues to be healthy, even if moderate weakness is emerging in some pockets. Retail sales rebounded in June, indicating that tariffs are not significantly impacting consumer spending, at least not yet. The print confirmed what was earlier reflected in the earnings commentary of the largest U.S. banks, with JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) reporting increases in their consumer banking revenues, stemming from higher credit-card debt – while delinquencies remain stable year-over-year. Meanwhile, initial jobless claims fell last week to their lowest level in three months, confirming the 'Goldilocks' state of the economy. The Philly Fed business outlook jumped to one of the strongest readings in the past three years, confirming robust business activity. That was reaffirmed by a stronger-than-expected gain in industrial production in June. Earlier in the week, CPI and PPI reports showed that core price increases remain subdued. Import prices fell in June, helping ease tariff-related worries. Importantly, Friday's UoM consumer survey showed plunging one-year inflation expectations, along with the continued decline in the long-term expectations. Moreover, July's preliminary consumer sentiment index came in better-than-expected for the fourth month in a row, continuing its strong rebound from April's lows. Traders are now assigning nearly zero chance for a rate cut at the Federal Reserve's next meeting on July 30, as the economy continues to demonstrate enviable health and corporate sector appears strong, while inflation is grinding down despite the tariffs – but at a much slower pace than policymakers would like to see. Fed Governor Christopher Waller said that the Fed should cut rates now – saying that the economic momentum is slowing and risks to employment are elevated. However, Waller and Michelle Bowman are the only rate committee members who have opined in favor of a July cut. Three Economic Events Here are three key economic events that could affect your portfolio this week. For a full listing of additional economic reports, check out the TipRanks Economic Calendar. » June Existing Home Sales Change – Wednesday, 07/23 – This report measures the sales volumes and prices of existing single-family homes, condos, and co-ops nationwide. Existing homes account for over 90% of total home sales in the country, so this report provides insights into the health of the housing market which has significant implications for economic activity throughout the U.S. » July S&P Global Manufacturing PMI and Services PMI (preliminary) – Thursday, 07/24 – PMI indices are leading economic indicators used by economists and analysts to gain timely insights into changing economic conditions, as the direction and rate of change in the PMIs usually precede changes in the overall economy. » June Durable Goods Orders – Friday, 07/25 – This report measures the cost of orders received by manufacturers for durable goods, such as vehicles and electrical appliances. As those durable products often involve large investments, they are sensitive to the economic situation. The report helps assess the state of U.S. production activity and reflects the demand for big-ticket goods, which is dependent on both the forecasted state of consumer sentiment and the economy in general.
Yahoo
5 days ago
- Business
- Yahoo
1 No-Brainer Artificial Intelligence Index Fund to Buy Right Now for Less Than $1,000
Key Points The Invesco QQQ Trust tracks the Nasdaq-100 and has exposure to many large AI players. The fund is relatively inexpensive and has historically been a great long-term investment. Buying the fund takes the guesswork out of trying to find stocks to ride the AI wave. 10 stocks we like better than Invesco QQQ Trust › Choosing winners in the fast-paced artificial intelligence (AI) race isn't always easy. Small AI start-ups can flame out quickly, while large companies run the risk of failing to keep up. Many investors opt to put their money in exchange-traded funds (ETFs) that track indexes to spread their money across a variety of companies. One of the most popular ETFs with a lot of exposure to AI stocks is the Invesco QQQ Trust (NASDAQ: QQQ). The fund is designed to track the performance of the Nasdaq-100 index, and investing in it is a great way to benefit from the AI race without having to handpick the winners. Here's why. 1. It has exposure to the top AI companies The Invesco QQQ Trust's largest holdings are key players in the AI race and have already benefited -- and will likely continue to benefit -- as artificial intelligence grows. With this fund, you'll be invested in Microsoft, Nvidia, Amazon, and Alphabet, as well as other tech companies making big moves in AI. Consider that Nvidia is one of the leading AI processor companies, with an estimated 95% of the AI processor market, and that Amazon and Microsoft are the two largest cloud computing companies offering advanced AI services to their customers. All of this means that owning some of Invesco QQQ Trust will allow you to tap into AI processors, AI cloud services, artificial intelligence software, and likely whatever new AI products and services debut over the coming years. 2. ETFs are a great investment for beginners and experts alike Whether you're just getting started in investing or you've been doing it for decades, ETFs are a great addition to any portfolio because they allow you to take some of the guesswork out of investing. Instead of poring over earnings calls and keeping tabs on how some macroeconomic news might affect the specific company you're invested in, you can instead spread your money across many companies all at once. Plus, with the Invesco QQQ Trust, your investment will track the combined movements of the top 100 non-financial companies on the Nasdaq, many of which are the world's leading tech companies. As hundreds of billions of dollars are invested in AI in the coming years, this fund could continue to benefit from the strong artificial intelligence foundation that's already been established. 3. Easy liquidity and relatively low costs Being the fifth-largest ETF, you won't have much of a problem buying or selling your shares of the Invesco QQQ Trust. A substantial amount of daily trading volumes and about $354 billion in assets under management mean that you'll easily find a buyer when you're ready to sell. What's more, the fund has a relatively low expense ratio of just 0.20%. If you have $1,000 in the fund, your annual expense ratio is just $2 in fees. Since it's passively managed, the Invesco QQQ Trust charges far less than actively managed funds, which select stocks in an attempt to outperform specific indexes. Lower expense ratios help you keep more of the gains earned by the fund. 4. The Invesco QQQ Trust has been a top performer No matter where you invest your money, there's always a risk that your investments won't perform well. And even if they do make significant gains when you own them, there's no guarantee they'll continue to do so. But there's something to be said for funds that historically perform well over time. Since its launch in 1999, the Invesco QQQ Trust has gained nearly 1,000% while the S&P 500 is up about 400%. Of course, that doesn't mean it will continue growing at the same pace or even that the fund will outpace the broader market's returns in the coming years. Still, it's an indication the fund has, in the past, successfully benefited from large tech trends. If you have $1,000 to spend right now and want to tap into artificial intelligence, this fund is a smart move. While there may be others with more focused exposure to AI, the Invesco QQQ Trust allows you to benefit from the largest technology companies on the Nasdaq, which could provide stability and long-term opportunity. Should you buy stock in Invesco QQQ Trust right now? Before you buy stock in Invesco QQQ Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Invesco QQQ Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 1 No-Brainer Artificial Intelligence Index Fund to Buy Right Now for Less Than $1,000 was originally published by The Motley Fool Sign in to access your portfolio
