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    The US stock market experienced volatile trading this week. Among them, the S&P 500 index and Nasdaq index surged for three consecutive days, while the Dow Jones Industrial Average stopped for four consecutive days. Boeing's stock price rose and then fell after announcing the earnings report, and eventually closed down nearly 3% due to Moody's downgrade. Meanwhile, Tesla rose sharply by 12% after the earnings report was announced, the biggest increase in two years.
    Meta's stock price plummeted 18% after the after-market earnings report was announced due to rapid revenue growth in the first quarter but poor future prospects and the expected sharp increase in AI spending. This also dragged down the NASDAQ 100 index by more than 1% in after-market trading. Google, on the other hand, continued its upward trend, rising to a record high for the third day in a row. In contrast, Nvidia dropped 3.3% after rising 2% at the beginning of the session and dived nearly 6% from the daily high.
    In other sectors, US orders for core durable goods rose 0.2% month-on-month in March, indicating that commercial equipment orders only increased slightly, indicating that companies were cautious about demand prospects and curtailed investment. In the US Treasury bond market, demand for 5-year US bonds is poor, while 10-year US bond yields rose for the first time this week. On the money market side, the yen fell below 155 US dollars, hitting a new low since 1990 for three consecutive days, while the US dollar index rebounded after hitting a new low of nearly two weeks.
    Crude oil prices turned upward in the short term after the US Energy Information Administration (EIA) released crude oil inventory data. Gold, on the other hand, fell for three consecutive days, and futures closed at a new low of nearly three weeks. In the metals market, London copper stopped falling two times in a row,...
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    I missed this rocket $PIE(7095.MY)$ , which its share prices jumped from around RM3.80 level to highest near RM6 level, more than 50% gains in just these 2 days!
    Quoted from Theedge news: "PIE Industrial extends rally to new all-time high as Kenanga flags new client", a very strong catalyst to the company performance
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    From recent low Nov 2022, PIE saw a steady bullish trend, which green candlesticks more than the red, signaled buyer ...
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    Powell further lowered expectations of interest rate cuts, and the volatility of the US stock market increased. The S&P 500 and Nasdaq indices fell for three consecutive days, hitting their lowest point in nearly two months, while the Dow Jones index finally stopped falling after six consecutive days of decline. In terms of technology stocks, Tesla and Apple continued to decline, while new chips equipped with AI technology caused AMD and Nvidia to reverse the market.
    Furthermore, Morgan Stanley bucked the trend and rose 2.5% after the earnings report was released, while Bank of America plummeted 5% in the intraday period, the biggest decline in more than a year. At the same time, Volkswagen's sales of electric vehicles in the European market have declined significantly. Analysts believe that this trend is related to European governments' reduction in electric vehicle subsidies.
    In terms of Federal Reserve policy, Chairman Powell's latest speech has further dampened market expectations for short-term interest rate cuts. He pointed out that since inflation lacks further improvement, it may be appropriate to keep interest rates high. Following this statement, the two-year US Treasury yield and the US dollar index both climbed to recent highs, while the yen continued to fall.
    In the commodity market, crude oil prices tried to rebound unsuccessfully and fell for the second day in a row. The price of gold continued to rise, reaching a record high for the fourth day in a row. In the metal market, the price of copper has fallen below the highest level in the past two years, while the price of aluminum has reached a 14-month high. Meanwhile, the price of Bitcoin plummeted by more than $2,000 in one day, falling below the $62,000 mark.
    In the Chinese market, the China Securities Index continued to fall, hitting a two-month low, and NIO Auto fell more than 2%. The offshore renminbi is hitting five...
    Translated
    The rising tension in the Middle East had a significant impact on US stocks. The Nasdaq Composite Index fell 1.8%, the biggest one-day decline in two months. The S&P 500 index fell more than 1% for two consecutive days, the biggest two-day decline since the Bank of Silicon Valley went out of business. The Dow fell for the sixth day in a row, and Salesforce's stock price plummeted by more than 7%.
    Tesla's stock price fell 5.6% to an 11-month low, leading the decline of the “Seven Sisters” in the tech industry. Although Nvidia rose nearly 3% in early trading, it eventually closed down 2.5%. Furthermore, benefiting from a strong rebound in the investment banking business, Goldman Sachs net profit surged 28% year over year in the first quarter, and the stock price eventually closed up nearly 3%.
    The US government said it did not support Israel's retaliatory attacks against Iran. Meanwhile, after the US retail sales data was released, the yield on 10-year US Treasury bonds rose by more than 10 basis points in the intraday period, breaking 4.60%, reaching a five-month high. The US dollar index also jumped to a new five-month high, while the yen continued to fall, hitting a new low since 1990.
    Increased instability in the Middle East prompted investors to seek safe haven assets. Gold prices surged nearly 3% intraday, hitting a record high for the third day in a row. After experiencing fluctuations in crude oil prices, the decline narrowed somewhat. Affected by global political uncertainty, the price of Bitcoin also experienced a sharp drop, falling below $63,000 at one point.
    At the same time, due to the release of the new “National Nine Rules” policy, China's A-share market generally rose, but small stocks and ST shares experienced sharp declines. China Securities also performed well in the US stock market...
    Translated
    Good morning mooers! Here are things you need to know about today's market:
    ● S&P/TSX 60 Index Standard Futures are trading at 1,351.70, up 0.38%.
    ● Economists expect another interest rate pause
    ● U.S.-style oil megadeals possible in Canada, BMO energy banker says
    ● European natural gas prices under pressure from prevailing ample storage levels, ANZ Bank says
    ● Stocks to watch: BlackBerry, Tilr...
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    Investing is a crucial strategy for growing your wealth, and starting early can maximize its benefits. By investing your money, you can enhance your purchasing power, generate passive income, and take advantage of compound interest. However, it's important to remember that investing comes with risks, including the possibility of losing your money.
    Therefore, it is crucial to educate yourself and equip yourself with the necessary knowle...
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    “In the fourth quarter, we produced over 439,000 vehicles and delivered over 405,000 vehicles. In 2022, vehicle deliveries grew 40% YoY to 1.31 million while production grew 47% YoY to 1.37 million.”
    I realize lots of people have Tesla fatigue but this is a pretty important inflection point.
    With heavy end of quarter discounts, tesla still significantly missed on deliveries. This is the end of the exponential growth story and if this stops being valued as a growth stock, look ...