The Malaysian stock market has seen mixed performance recently. The main index, FTSE Bursa Malaysia KLCI (FBM KLCI), dropped slightly to close at 1,596.68 points as of May 31, 2024. Despite this small decline, the market has grown about 6.9% over the past three months and 19.1% over the past year, showing an overall positive trend.
#### Fundamental Analysis
1. **Economic Indicators**:
   - **GDP Growth**: Malaysia’s economy is growing, driven by strong do...

$Faraday Future Intelligent Electric Inc. (FFIE.US)$ As of May 15, 2024,
Short interest for NIO was 167,136,577 shares. The short interest ratio, which is the number of tradable shares being shorted divided by the average daily volume, can indicate if a stock is susceptible to a short squeeze. Stocks with a days to cover ratio of five or more may be at risk.

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May 28,The “AI shovel seller” Nvidia's stock price surged nearly 7% to 1,139 US dollars, once again reaching a record high. The market capitalization also surpassed 2.8 trillion US dollars, which is only about 100 billion US dollars short of Apple's market value of 2.91 trillion US dollars. Following the announcement of Nvidia's latest earnings report, the stock price has reached record highs for three consecutive days, rising about 20% during the period.
Notably, it only took 9 months for Nvidia's market capitalization to go from $1 trillion to $2 trillion. The increase from $2 trillion to $2.8 trillion even took less than 3 months.Next, the market will keep a close eye on when Nvidia's market capitalization surpasses $3 trillion.
Last week, Nvidia, which was named “the most important stock on Earth” by Goldman Sachs, once again announced unparalleled results that shocked global investors, dispelling people's concerns about the slowdown in AI related corporate spending.Facing growing consumer demand for AI software, generative artificial intelligence products such as ChatGPT and Google Gemini are making every effort to reserve AI GPUs.
Musk's strong assist! xAI financing sends positive signals to the industry
According to reports,Musk's artificial intelligence startup xAI has successfully raised $6 billion from investors.The company said the funds will be used to bring xAI's first products to market, build advanced infrastructure, and accelerate research and development.
Notably, xAI has never been like Amazon, Google,...

This stock was .63 at one time 😂😂

Bitcoin Surpasses $71,000: Can It Go Even Higher?
Cryptocurrencies like Bitcoin have surged past $71,000, driven by a rise in spot ETFs, while Ethereum soared 19% on last Tuesday after the US SEC asked exchanges interested in ether exchange-traded funds (ETFs) to update their regulatory filings.
Bitcoin reached a peak of $71,957, and ether climbed to $3,720.80—the highest levels since April 9. On-chain indicator...