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✅ Nvidia shares rose 6% to $1,006 after hours after the GPU leader reported stronger than expected earnings.
✅ $NVIDIA(NVDA.US$ annouced a 10-for-1 stock split which makes it shares more “affordable”. So a 10-for-1 split based on that price, each share would cost $106.
The stock split will make $NVIDIA(NVDA.US$ shares so much more attractive to retail investors. Alphabet, Amazon and Tesla all did stock spl...
✅ $NVIDIA(NVDA.US$ annouced a 10-for-1 stock split which makes it shares more “affordable”. So a 10-for-1 split based on that price, each share would cost $106.
The stock split will make $NVIDIA(NVDA.US$ shares so much more attractive to retail investors. Alphabet, Amazon and Tesla all did stock spl...
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Negative factors can be offset by Feida Holdings's optimism about market conditions
Automotive interior manufacturer - Feida Holdings $FEYTECH(5322.MY$ It officially went on sale on the 21st.
The main business of automotive interior manufacturers at this price is OEM, which accounts for 93% of revenue in fiscal year 2023.
Among them, it also mainly covers car seats and other car parts, accounting for 61.6% of total revenue; revenue from car seat manufacturing accounts for 38.4% of the total revenue.
Asked about changes in the fuel subsidy system, Wu Yongzhang, executive director of Feida Holdings, pointed out at today's gong ceremony that this will somewhat affect vehicle sales; however, the market is also accompanied by positive signals that local civil servants have received the highest salary increase in history.
“China's civil servants will face salary increases at the end of the year, so I believe there will be consumers who will be able to mobilize more disposable income to buy cars, and the impact of policy changes will be offset.”
Also, due to the employment quota restrictions for foreign workers, Wu Yongzhang said that Feida Holdings currently has no shortage of foreign workers, and there are no plans to hire more workers.
Currently, the company currently employs 500 people, of which 300 or 64% are foreign workers.
Next, the company looked at the two new factories built in Roujulin, and the proportion of migrant workers must be maintained at less than 30%.
Opening price of RM1.10 on the first day
The company opened with RM1.10 this morning, at a premium of 37.5% over the initial public offering (IPO) price of 80 cents. The initial transaction volume reached 24.537,900 shares.
In the intraday period, the stock reached a maximum of 1...
Automotive interior manufacturer - Feida Holdings $FEYTECH(5322.MY$ It officially went on sale on the 21st.
The main business of automotive interior manufacturers at this price is OEM, which accounts for 93% of revenue in fiscal year 2023.
Among them, it also mainly covers car seats and other car parts, accounting for 61.6% of total revenue; revenue from car seat manufacturing accounts for 38.4% of the total revenue.
Asked about changes in the fuel subsidy system, Wu Yongzhang, executive director of Feida Holdings, pointed out at today's gong ceremony that this will somewhat affect vehicle sales; however, the market is also accompanied by positive signals that local civil servants have received the highest salary increase in history.
“China's civil servants will face salary increases at the end of the year, so I believe there will be consumers who will be able to mobilize more disposable income to buy cars, and the impact of policy changes will be offset.”
Also, due to the employment quota restrictions for foreign workers, Wu Yongzhang said that Feida Holdings currently has no shortage of foreign workers, and there are no plans to hire more workers.
Currently, the company currently employs 500 people, of which 300 or 64% are foreign workers.
Next, the company looked at the two new factories built in Roujulin, and the proportion of migrant workers must be maintained at less than 30%.
Opening price of RM1.10 on the first day
The company opened with RM1.10 this morning, at a premium of 37.5% over the initial public offering (IPO) price of 80 cents. The initial transaction volume reached 24.537,900 shares.
In the intraday period, the stock reached a maximum of 1...
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The Reserve Bank of Australia (RBA) board held a meeting earlier this month, with the minutes now being released this morning.
Aligning with the press release issue in the first week of May, the minutes noted that inflation had eased more slowly than anticipated, creating “considerable uncertainty”.
Additionally, there was mention of an increase in the cash rate....
“A higher cash rate might also be required, even with ongoing weak...
Aligning with the press release issue in the first week of May, the minutes noted that inflation had eased more slowly than anticipated, creating “considerable uncertainty”.
Additionally, there was mention of an increase in the cash rate....
“A higher cash rate might also be required, even with ongoing weak...
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Can $Intel(INTC.US$ form a bottom rebound from USD30 level?
On last Thursday, Wolfe Research upgraded Intel to "Peer Perform". The firm does not issues price targets for Peer Perform equities.
Wolfe Research maintains its cautious stance on Intel, despite the stocks 38% decline year-to-date (YTD), which has underperformed the Semiconductor Index (SOX) by approximately 60% YTD and 40% since the brokerage's July initiation.
The recent foundry event and earnin...
On last Thursday, Wolfe Research upgraded Intel to "Peer Perform". The firm does not issues price targets for Peer Perform equities.
Wolfe Research maintains its cautious stance on Intel, despite the stocks 38% decline year-to-date (YTD), which has underperformed the Semiconductor Index (SOX) by approximately 60% YTD and 40% since the brokerage's July initiation.
The recent foundry event and earnin...
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