$KOSSAN(7153.MY)$
With the development of the gloves 🧤 sector in Malaysia 🇲🇾, production reduction strategies over the past few years, and 🇨🇳 the rush from China and Thailand, China's global exports have declined from 60% + at their peak to less than 40%. Although it is still number one in the world, it will retreat if it does not advance. I hope to take back more markets in the future.
During the pandemic, KOSSAN had the least amount of cash in the big four packages. However, it overtook its counterpart in FY23 and was the richest cash stock in Malaysian stocks. KOSSAN has invested only RM211 miles in CAPEX in the past two years. The main strategy is to attack by defending and waiting until spring.
TOPGLOV distributed a large number of dividends and expanded wildly during the pandemic. Seven consecutive quarters of losses led to the least amount of cash in the 4 companies. SUPERMX's CAPEX was crazy. It was revealed that buying private jets and losing money for 5 consecutive quarters caused cash to fall incessantly. In terms of this year's stock price performance, both companies have declined slightly.
$TOPGLOV(7113.MY)$
However, KOSSAN and HARTA have been profitable for two consecutive quarters, mainly due to layoffs, production cuts and cost reduction, and interest income from large sums of cash has also enabled the company to withstand the cold winter. This also brought KOSSAN RM60 mil of interest income and fair value gain in investment assets in 2023. And HARTA's past 9...

$Apple(AAPL.US)$ shares climbed more than 6% Friday after the iPhone maker announced a record $110 billion share buyback, boosted its dividend and reported better-than-expected quarterly financial results Thursday night. That's also fueling the heaviest trading in options for the stock in at least two weeks.
As of 11:50 a.m. in New York Friday, about 1.88 million options changed hands, more than double the 715,160 contr...

Morning mooers! It is Wednesday, May 1st, and the market is mixed, halfway through a packed Q1 earnings week and awaiting the FOMC rate decision this afternoon.
My name is Kevin Travers, and the sun is coming out in Jersey City, here are your morning moovers:
Mooers, what are you watching today? Comment below and I may feature your comment tomorrow!
MOOVERS
Recent earnings pulled down the S&P500. Shares of $CVS Health (CVS.US)$ tumbled...

Morning Movers
Gapping up
$Tesla(TSLA.US)$ Tesla stock soared 11% after the Wall Street Journal reported that the electric vehicle manufacturer has received tentative approval to launch its driver assistance software in China. This development has heightened expectations for the imminent availability of Tesla's Full Self Driving software in China.
$Paramount Global-B(PARA.US)$ Shares of the entertainment giant climbed more than...

News Highlights
$Intel(INTC.US)$ shares fell by 9.20%, closing at $31.88. Its options trading volume was 0.97 million. Call contracts account for 64.8% of the total trading volume. The most traded calls are contracts of $36 strike price that expire on May 17th. The total volume reaches 7,280 with an open interest of 6,935. The most traded puts are contracts of a $64 strike price that expires on May 17th; the volu...