$AST SpaceMobile (ASTS.US)$ oof today hurt but at least I picked up some cheap shares. hopefully we will see some steps towards recovery before the weekend starts

$Micron Technology (MU.US)$  This collaboration focuses on the development of the most advanced semiconductor technologies. *Important aspects of their collaboration are: 
1. *Advanced chip technology*: Imec provides a neutral, open platform where global partners, including Micron, can use the most advanced e...

Kedah Construction: KPMG Resignation after 10 years is in line with normal practice.
Kedah Construction $BDB (6173.MY)$ Clarification, the external auditor KPMG has served for 10 years, therefore, the resignation is in line with normal regulatory practices.
Kedah Construction today issued a statement that KPMG resigned after serving as the external auditor from 2014 to 2023 fiscal year for 10 years, which took effect on September 9 this year, in accordance with normal regulatory practices.
The board of directors emphasized that KPMG has not yet audited the financial reports for this year, so this transition will not affect the financial integrity of the Kedah Construction.
Currently, Kedah Construction has preliminarily selected BDO PLT as the new auditor, and will confirm its appointment after the formal documents are completed.
The board of directors expresses gratitude for KPMG's service and looks forward to maintaining a good cooperative relationship during this transition period.
The board of directors also emphasized that this transition will not affect the company's operation, and the group will continue to focus on its business and ensure compliance with all regulatory requirements.
The Board of Directors has confidence in changing external auditors, which will ensure the smooth continuity of the financial reporting process and benefit from the new perspectives brought by another audit firm.
Jitra Construction and the Board of Directors will continue to commit to compliance with the highest standards of corporate governance and follow the guidelines in the 2021 Malaysian Corporate Governance Code (MCCG 2021).
In a previous report, Jitra Construction announced on September 13th that it had received a letter from PwC on September 9th...

$XAU/USD (XAUUSD.CFD)$
$XAU/USD (XAUUSD.CFD)$
XAUUSD H4
Last night, the Fed confirmed a 50 basis point rate cut, the first rate cut since March 2020, and initiated a new round of substantial rate cuts. The statement revealed a dot plot showing that 9 out of 19 voting members chose 4.375%, implying an expectation of a further 75 basis point rate cut within the year. It also lowered GDP expectations for this year and PCE expectations for the next two years, while raising unemployment rate expectations for 2024 to 2026. The short-term decline in the US Dollar Index hit a new low for the year at 100.2, and gold rose to 2600.22. Finally, Powell stated that if the economy remains healthy, the adjustment of interest rates could be slow or even halted, and the 50 basis point rate cut should not be seen as the norm, as there is no sign indicating an increased possibility of a recession. The US Dollar Index recovered to 101, and gold completely gave back all its gains since the rate cut decision, falling to a low of 2546 and closing below 2560.
Technically, gold faces significant resistance at the 2600 level and has been directly rejected. The 2600 level is the profit-taking level for long positions and also the entry level for short positions. The price sharply declined and closed below 2560, indicating that 2560 is also a key level for gold in the near term. Pay attention to the range defined by these key levels. Currently, the gold price has broken below the low point of the past four days.
There is strong resistance at the upper trendline.