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$NVIDIA(NVDA.US$'s rallied to record highs on Wednesday, with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking $Apple(AAPL.US$ to become the world's second most valuable company on June 5th. Now it's only one step away from $Microsoft(MSFT.US$'s market value of 3.15 trillion US dollars.
NVIDIA, the global leader in AI, surpassed the market expectations with its Q1 earnings report.
The day after...
NVIDIA, the global leader in AI, surpassed the market expectations with its Q1 earnings report.
The day after...
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ColumnsHow long can Age of Discovery 2 go? Let's take a look at what Taiwan's Changrong and Wan Hai say.
Beginning in April, freight rates for European and American routes began to rise, and China's transportation sector began to move somewhat. In May, Taiwan Container Sanxiong's stock price can rise 30-50% in a single month, and the rise in freight charges continues to rise.
The above chart shows the outlook of Evergreen and Wanhai Shipping management. The shortage of capacity in May was more delayed than in April. Moreover, the increase in demand for European and American routes has also driven Asian routes. This era of navigation has also burnt into Asia, including of course Malaysia 🇲🇾.
Among Malaysia's shipping businesses, HARBOUR and SYGROUP both broke through 1-year highs on May 27. Furthermore, the stock prices of FM and TASCO, two transportation-related stocks also broke through 1-year highs last week.
On May 28, HARBOUR results were released. The turnover grew by 17.4% year on year. Although net profit fell by 34.9% year over year, it was mainly due to the year-on-year decline in freight rates, but volume increased. However, the company's net profit QOQ grew by 39%, and the next quarter is expected to be even better.
The business of all divisions of the company is very positive, and the company will spend RM100 mil to buy two shipping container ships in May and June to replace the old ships. What is most rare is that when it comes to the end of the company's outlook, it is rare to be so optimistic when it comes to striving for a better tomorrow.
The company's cash reached a record high, so RM100 mil CAPEX was completely unburdened to buy a ship.
$HARBOUR(2062.MY$
...
The above chart shows the outlook of Evergreen and Wanhai Shipping management. The shortage of capacity in May was more delayed than in April. Moreover, the increase in demand for European and American routes has also driven Asian routes. This era of navigation has also burnt into Asia, including of course Malaysia 🇲🇾.
Among Malaysia's shipping businesses, HARBOUR and SYGROUP both broke through 1-year highs on May 27. Furthermore, the stock prices of FM and TASCO, two transportation-related stocks also broke through 1-year highs last week.
On May 28, HARBOUR results were released. The turnover grew by 17.4% year on year. Although net profit fell by 34.9% year over year, it was mainly due to the year-on-year decline in freight rates, but volume increased. However, the company's net profit QOQ grew by 39%, and the next quarter is expected to be even better.
The business of all divisions of the company is very positive, and the company will spend RM100 mil to buy two shipping container ships in May and June to replace the old ships. What is most rare is that when it comes to the end of the company's outlook, it is rare to be so optimistic when it comes to striving for a better tomorrow.
The company's cash reached a record high, so RM100 mil CAPEX was completely unburdened to buy a ship.
$HARBOUR(2062.MY$
...
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In May, tech giants unveiled their quarterly performance reports, with $NVIDIA(NVDA.US$'s stellar results capturing the most attention. NVIDIA's performance helped propel the $NASDAQ 100 Index(.NDX.US$ and $S&P 500 Index(.SPX.US$ to new all-time highs.
Looking ahead, Fundstrat Global Advisors predicts that the S&P 500 could surge to 5500 points in June, a potential rise...
Looking ahead, Fundstrat Global Advisors predicts that the S&P 500 could surge to 5500 points in June, a potential rise...
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An overview of the US stock market and everything you need to know so that you start off on the right foot!
Topics covered:
- Overview of the US market
- Top US stock market indexes
- Why the US stock market
- Different ways to invest in the US market
- Other FAQs
You are free to ask any questions throughout the livestream!😊
Topics covered:
- Overview of the US market
- Top US stock market indexes
- Why the US stock market
- Different ways to invest in the US market
- Other FAQs
You are free to ask any questions throughout the livestream!😊
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Morning mooers! It's Thursday, May 30th. The market indexes are in decline, and GDP numbers were revised lower, but overall, there is more green than red out there. My name is Kevin Travers, here are stories heard on Wall Street today:
If most equities were green, you would not believe it based on recent earnings reactions.
$UiPath(PATH.US$ fell 34% at open after the firm lowered its full year guidance during its earnings release, ...
If most equities were green, you would not believe it based on recent earnings reactions.
$UiPath(PATH.US$ fell 34% at open after the firm lowered its full year guidance during its earnings release, ...
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Nvidia delighted investors when it announced a 10-for-1 stock split last week. The move may be the start of a trend, as several prominent tech companies trade at prices high enough to tip the scales toward similar splits, according to a note from Bank of America.
The bank highlights 36 S&P 500 companies with stock prices above $500, a level suggesting they may be candidates for splits. $Broadcom(AVGO.US$, $Super Micro Computer(SMCI.US$ , ...
The bank highlights 36 S&P 500 companies with stock prices above $500, a level suggesting they may be candidates for splits. $Broadcom(AVGO.US$, $Super Micro Computer(SMCI.US$ , ...
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Earnings Preview: Home Depot, Alibaba, and Walmart Set to Report Amid Inflation Concerns
This week, investors should keep an eye on earnings reports from several key players, including $Home Depot(HD.US$, $Alibaba(BABA.US$ and $Walmart(WMT.US$.
On Tuesday, Home Depot is slated to release its quarterly results. Investors are hoping the retailer will announce some price reductions as a countermeasure agains...
This week, investors should keep an eye on earnings reports from several key players, including $Home Depot(HD.US$, $Alibaba(BABA.US$ and $Walmart(WMT.US$.
On Tuesday, Home Depot is slated to release its quarterly results. Investors are hoping the retailer will announce some price reductions as a countermeasure agains...
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Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities.
Here are the top ten highlights:
“I not only hope you come next year, I hope I come next year.” Warren Buffett said at the end of the annual meeting.
Here are the top ten highlights:
“I not only hope you come next year, I hope I come next year.” Warren Buffett said at the end of the annual meeting.
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The much-anticipated Berkshire Hathaway Annual Shareholders Meeting is poised to commence this week in Omaha, attracting a diverse gathering of investors from around the globe. Following the loss of Charlie Munger last year, Warren Buffett is prepared to take the stage solo, fielding questions from a mixed audience of analysts, shareholders, and journalists.
With the Berkshire Hathaway Annual...
With the Berkshire Hathaway Annual...
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Hey there, mooers in Singapore! Welcome back to "What's new in moomoo"!
This version is all about expanding your trading horizons. We're thrilled to announce that trading in Japanese stocks is now available! Get your hands on a suite of professional analysis tools, and enjoy access to real-time Japanese stock quotes, plus much more.
Why not explore the possibilities today? Tap here for more information >>🌟 Exciting Launch: Singapore Users, Trade Japanese Stocks Now on moomoo! 🌟
This version is all about expanding your trading horizons. We're thrilled to announce that trading in Japanese stocks is now available! Get your hands on a suite of professional analysis tools, and enjoy access to real-time Japanese stock quotes, plus much more.
Why not explore the possibilities today? Tap here for more information >>🌟 Exciting Launch: Singapore Users, Trade Japanese Stocks Now on moomoo! 🌟