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Dot Len Female ID: 71511631
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    $VSTECS(5162.MY)$
    Weishi Jiajie was appointed by Amazon Web Services (AWS) and became the first dealer in Malaysia. This also drove the company's stock price, which once soared to RM3.48, or 26%, while also topping the list of rising stocks.
    The company issued a statement on Wednesday stating that its subsidiary VSTECS KU Private Limited signed a cooperation agreement with AWS and believes this cooperation will help Malaysian companies use the most comprehensive and widely used cloud products in the world through Weishi Jiajie.
    The company said it will embed cloud technology into it through various cooperation channels to provide seamless use and support.
    Song Zhaoxiong, CEO of Weishi Jiajie, said that this cooperation highlights the company's ability to expand its cloud product portfolio, and at the same time is in line with the company's commitment to promote growth in the cloud and data center sector.
    Source: Nanyang Siang Pao
    Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
    Translated
    It became the first AWS dealer in Malaysia, and the company's stock price skyrocketed!
    Malaysia's stock market capitalization broke 2 megabytes for the first time, and the Malaysian Stock Exchange could rise to RM8.20
    Malaysian stocks historically surpassed RM2 trillion in total market capitalization yesterday. MIDF research continues to be optimistic about the Malaysian Exchange $BURSA(1818.MY)$ Looking ahead, the target price of RM8.20 and the “buy” rating will be maintained.
    Inspired by news that the Malaysian stock market value reached a record high, the Malaysian Stock Exchange's stock price soared today. It once rose 21 cents, or 2.70%, to RM7.94 in early trading.
    MIDF research analysts pointed out that as of May 7, the average daily turnover of Malaysian stocks from the beginning of the year to date reached 4.09 billion shares, up 28.7% year-on-year, a new high after 2021.
    In 2020 and 2021, the average daily trading volume of Malaysian stocks reached 7.32 billion shares and 5.71 billion shares, respectively, due to a sharp increase in retail trading participation during the global lockdown caused by the pandemic.
    Analysts are optimistic that Malaysia's historic breakthrough in market capitalization will bring better profit performance to the Malaysian Stock Exchange.
    Read the full article:Malaysia's stock market capitalization broke 2 megabytes for the first time, and the Malaysian Stock Exchange could rise to RM8.20
    Source: Nanyang Siang Pao
    Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author...
    Translated
    Malaysia's stock market capitalization broke 2 megabytes for the first time, and the Malaysian Stock Exchange could rise to RM8.20
    Tech Tumble or Temporary Dip? Tech stocks are experiencing a correction, but is a crash imminent? This video dives into the Nasdaq index to identify key indicators of a critical situation and equips you to make informed investment decisions. $NASDAQ 100 Index(.NDX.US)$
    Watch the video towards the end for instruments to capture a possible bearish trading condition. Follow me for fresh insights!
    Short-term trading instruments:
    $Nasdaq3xShortMA260327US(IQQW.SG)$...
    US Tech Index Correction is Here!
    As a global EV leader, China has far surpassed other countries in terms of both sales and export ratio, and the entire ecosystem is already very mature. More and more car manufacturers are seizing this piece of cake. The imbalance between supply and demand is getting bigger. The Chinese EV market is already facing a “never-ending” wave of price cuts
    Among them, Tesla took the lead in announcing price cuts in 2022 in order to stabilize its market position, causing a chain effect of “price cuts”. As the biggest competitor, BYD also completely lowered prices soon after. Other major brands such as Ideal, SAIC, NIO, and Chery responded. This has triggered wave after wave of “price reduction waves”, forming the internal phenomenon seen so far
    In order to stand out from the harsh competitive environment, the price cuts made by some car manufacturers are even more dumbfounded. With the attitude of “I would rather lose or not lose”, they quickly run out of breath when beating other peers. The entire field is already heating up, and everyone is leaving China one after another, so where will the next battleground be? Southeast Asia
    Due to the impact of the price war, EVs of various brands are becoming more and more affordable, and consumers in emerging markets are becoming more and more accepting of EVs. For example, Thailand, Indonesia, the Philippines, and Malaysia have all “doubled” in the past few years. Not only dealers, but the supply chain required for the EV ecosystem, such as cables, electricity, distribution systems, charging piles, and battery replacement, will continue to benefit. With the help of the government actively promoting energy transformation, I believe more companies will seize this egg in the future...
    Translated
    Electric cars are caught in a tough price war
    In honour of Anzac Day, we're hosting a special event for our Australian community members. Whether you're going to spend the morning at a dawn service, or commemorate in your own way - we wanted to foster camaraderie within the moomoo community.
    Inspired by the Aussie classic you'll find at your local pub on Anzac day, we are playing two-up - with a trading twist!
    If you aren't familiar with two-up, it is a traditional Australian gambling...
    Special Anzac Day Community Event: Join our Two-up Game!
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    $Netflix(NFLX.US)$ is set to release its earnings report after the market closes on April 18, Eastern Time. In the previous two quarters, Netflix's stock price surged impressively by 16.1% and 10.7%, respectively, following their earnings announcements. Since the beginning of the year, Netflix's share price has risen by 26.83%, outperforming the S&P 500 index and reaching a new high for the first time in nearly two...
    Netflix Q1 2023 Preview: Can It Create Another Miracle After the Earnings Release?
    Netflix Q1 2023 Preview: Can It Create Another Miracle After the Earnings Release?
    Netflix Q1 2023 Preview: Can It Create Another Miracle After the Earnings Release?
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    Dot Len liked and commented on
    $SPDR S&P 500 ETF(SPY.US)$ Has anyone noticed the U.S. stock market is trading at 209% of GDP versus an average (across cycles) of 85%?
    When the housing bubble burst, this ratio fell all the way down to 50%.
    Inflation is rising.
    Rates are rising.
    Markets will...de-risk.
    There's a yawning gap between 209% and 85%...or 50%.
    The window is closing.
    Time to sell.
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    $Rivian Automotive(RIVN.US)$ trades lower on a Teslarati report that the EV maker will delay future deliveries of its R1T all-electric pickup and R1S all-electric pickup SUV until 2022.
    Teslarati sources and members of the Rivian Owners Forum have received emails stating that their pre-ordered R1S SUVs won't be delivered until March 2022 or later, months behind the original projection date of January 2022. Some R1T pre-orders have also been delayed according to sources.
    The email did not mention the production start date for the R1S, which was supposed to be in December 2021 but may not be on track given the delays.
    The breakdown through an informal poll on the Rivian forum:
    $Lucid Group(LCID.US)$ $Tesla(TSLA.US)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$
    Rivian delays SUV deliveries until Spring 2022 at the earliest
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