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GET STARTED IN ORIENT ORIENTAL! YT Channel Partner!
$ORIENT(4006.MY$
GET STARTED IN ORIENT ORIENTAL! YT Channel Partner!
As long as it's an exclusive link to share with Double Sword, moomoo will also receive a cash reward* of RM50.00*!
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$ORIENT(4006.MY$
GET STARTED IN ORIENT ORIENTAL! YT Channel Partner!
As long as it's an exclusive link to share with Double Sword, moomoo will also receive a cash reward* of RM50.00*!
Join the Double Swords WhatsApp VIP Group for free, plus other benefits!
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$Pineapple Energy(PEGY.US$
oh no pegy dropped from 0.23 to 0.21!! I must quickly sell it!!!
oh no, pegy is back above 0.215, I shouldn't have sold it!!!
I bet some of you just had this experience and are regretting buying high and selling low.
remember, Friday is dump day, short seller will be extremely ferocious in shorting since they have to pay interest at sat and sun.
this is what happens when you blindly follow people without knowing what stock you buy.
I for one am still holding this st...
oh no pegy dropped from 0.23 to 0.21!! I must quickly sell it!!!
oh no, pegy is back above 0.215, I shouldn't have sold it!!!
I bet some of you just had this experience and are regretting buying high and selling low.
remember, Friday is dump day, short seller will be extremely ferocious in shorting since they have to pay interest at sat and sun.
this is what happens when you blindly follow people without knowing what stock you buy.
I for one am still holding this st...
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Petiedawgs
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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,...
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 $6 billion from investors.The company said the funds will be used to bring xAI's first products to market, build advanced infrastructure, and accelerate research and development.
Notably, xAI has never been like Amazon, Google,...
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ColumnsStill bearish on the S&P 500
30th May 2024 (Thurs) Daily Market Outlook
Summary - What Is Happening In The Markets
US equity markets saw further weakness last night as S&P 500 and NASDAQ futures both dropped by -1.01% and -1.08% respectively. This is due to weak US treasury sales, signalling concerns that funding the US deficit will continue to drive up yields. Further, at a conference, US Fed committee member, Raphael Bostic, commented that the "path to 2% inflation is not assured" and "infla...
Summary - What Is Happening In The Markets
US equity markets saw further weakness last night as S&P 500 and NASDAQ futures both dropped by -1.01% and -1.08% respectively. This is due to weak US treasury sales, signalling concerns that funding the US deficit will continue to drive up yields. Further, at a conference, US Fed committee member, Raphael Bostic, commented that the "path to 2% inflation is not assured" and "infla...
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$Alphabet-A(GOOGL.US$
Google (Google) today promised to invest 2 billion US dollars (approximately RM9.4 billion) in Malaysia, a move that marks a new milestone in helping Malaysia accelerate digital transformation.
This commitment includes building the first Google data center and Google Cloud region to meet the growing demand for cloud services locally and globally, and provide AI literacy courses for Malaysian students and educators.
The investment site in Malaysia will be located in $SIMEPROP(5288.MY$Elmina Business Park owned by Morinami Industries.
Alphabet and Google President, Chief Investment Officer and Finance Minister Ruth Borat said that Google's first data center and cloud region is the biggest investment in Malaysia so far, and it has been rooted here for 13 years. The investment is based on cooperation between Google and the Malaysian government to advance the “Cloud Priority Policy” to promote the best cybersecurity standards.
With today's announcement, Malaysia and Google will work together to create an ecosystem that supports innovation and fully develop the potential for digital transformation.
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. Before making any investment decisions, be sure to conduct your own independent research and evaluation, and consult a professional if necessary...
Google (Google) today promised to invest 2 billion US dollars (approximately RM9.4 billion) in Malaysia, a move that marks a new milestone in helping Malaysia accelerate digital transformation.
This commitment includes building the first Google data center and Google Cloud region to meet the growing demand for cloud services locally and globally, and provide AI literacy courses for Malaysian students and educators.
The investment site in Malaysia will be located in $SIMEPROP(5288.MY$Elmina Business Park owned by Morinami Industries.
Alphabet and Google President, Chief Investment Officer and Finance Minister Ruth Borat said that Google's first data center and cloud region is the biggest investment in Malaysia so far, and it has been rooted here for 13 years. The investment is based on cooperation between Google and the Malaysian government to advance the “Cloud Priority Policy” to promote the best cybersecurity standards.
With today's announcement, Malaysia and Google will work together to create an ecosystem that supports innovation and fully develop the potential for digital transformation.
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. Before making any investment decisions, be sure to conduct your own independent research and evaluation, and consult a professional if necessary...
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$SIMEPROP(5288.MY$
Google confirmed the news of its investment in Malaysia, driving the relevant data center concept stock Morinami Industries and $GAMUDA(5398.MY$Jinmudai's stock price soared!
Today, Google promised to invest 2 billion US dollars (approximately RM9.4 billion) in Malaysia to develop Google's first data center and cloud area in Malaysia at the Elmina (Elmina) Business Park in Shah Alam, Selangor, a subsidiary of Senami Industries.
Morinami Industries opened at RM1.19 in early trading today. Inspired by favorable news, the stock price once rose to a maximum of RM1.28.
When the market closed, Morinami Industries closed at RM1.24, up 4 cents or 3.33% throughout the day, with a trading volume of 60.96 million shares.
At the same time, Jinwu University earlier received two giant data center related engineering contracts related to the Morinami industry through its subsidiary, with a total value of RM1,743 million, so it is also highly sought after today.
The project is expected to have two main stages, with a contract value of RM815 million for the construction phase and RM928.6 million for the mechanical commissioning phase.
When the market closed, Financial Services reported RM6.15, up 7 cents or 1.15%, and the trading volume reached 8.81 million shares.
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. Readers shall bear any risk and responsibility arising from reliance on this content...
Google confirmed the news of its investment in Malaysia, driving the relevant data center concept stock Morinami Industries and $GAMUDA(5398.MY$Jinmudai's stock price soared!
Today, Google promised to invest 2 billion US dollars (approximately RM9.4 billion) in Malaysia to develop Google's first data center and cloud area in Malaysia at the Elmina (Elmina) Business Park in Shah Alam, Selangor, a subsidiary of Senami Industries.
Morinami Industries opened at RM1.19 in early trading today. Inspired by favorable news, the stock price once rose to a maximum of RM1.28.
When the market closed, Morinami Industries closed at RM1.24, up 4 cents or 3.33% throughout the day, with a trading volume of 60.96 million shares.
At the same time, Jinwu University earlier received two giant data center related engineering contracts related to the Morinami industry through its subsidiary, with a total value of RM1,743 million, so it is also highly sought after today.
The project is expected to have two main stages, with a contract value of RM815 million for the construction phase and RM928.6 million for the mechanical commissioning phase.
When the market closed, Financial Services reported RM6.15, up 7 cents or 1.15%, and the trading volume reached 8.81 million shares.
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. Readers shall bear any risk and responsibility arising from reliance on this content...
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China's foreign direct investment climbed, and the inflow of China and Hong Kong was 3.4 billion US dollars last year
According to data from OCBC's Global Market Research and Strategy Department, foreign direct investment (FDI) from China reached 3.4 billion US dollars last year.
This figure is higher than $3.3 billion in 2022. At the same time, if calculated from 2013, it has tripled.
Lavania, a senior ASEAN economist in the department, said that the diversification of the global supply chain and the implementation of the “China +1” strategy are all factors motivating the inflow of foreign capital in China.
Most popular in the field of service and manufacturing
She pointed out that Malaysia's service and manufacturing sector attracted the most foreign direct investment.
The “ASEAN-China Foreign Direct Investment” report released by OCBC today cites data compiled by the American Enterprise Research Institute and the American Heritage Foundation. “Most of the direction of foreign investment in China is invested in the energy, technology, and transportation sectors.”
In April of last year, Prime Minister Dato' Seri visited China and signed a 19-point memorandum of understanding. The potential investment amount is as high as RM170 billion.
Then, in September, China promised another RM19.84 billion investment in Malaysia.
She added that the “2024 Malaysia-China Summit,” which will be held in mid-December this year, is expected to further increase the amount of Chinese capital flowing into China.
Furthermore, foreign direct investment in Malaysia from the European Union, ASEAN, the US, Japan, China, and various regions has also shown an increasing trend in recent years.
$FTSE Bursa Malaysia KLCI Index(.KLSE.MY$
...
According to data from OCBC's Global Market Research and Strategy Department, foreign direct investment (FDI) from China reached 3.4 billion US dollars last year.
This figure is higher than $3.3 billion in 2022. At the same time, if calculated from 2013, it has tripled.
Lavania, a senior ASEAN economist in the department, said that the diversification of the global supply chain and the implementation of the “China +1” strategy are all factors motivating the inflow of foreign capital in China.
Most popular in the field of service and manufacturing
She pointed out that Malaysia's service and manufacturing sector attracted the most foreign direct investment.
The “ASEAN-China Foreign Direct Investment” report released by OCBC today cites data compiled by the American Enterprise Research Institute and the American Heritage Foundation. “Most of the direction of foreign investment in China is invested in the energy, technology, and transportation sectors.”
In April of last year, Prime Minister Dato' Seri visited China and signed a 19-point memorandum of understanding. The potential investment amount is as high as RM170 billion.
Then, in September, China promised another RM19.84 billion investment in Malaysia.
She added that the “2024 Malaysia-China Summit,” which will be held in mid-December this year, is expected to further increase the amount of Chinese capital flowing into China.
Furthermore, foreign direct investment in Malaysia from the European Union, ASEAN, the US, Japan, China, and various regions has also shown an increasing trend in recent years.
$FTSE Bursa Malaysia KLCI Index(.KLSE.MY$
...
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Australian insolvencies hit record highs. Australian mortgage arrears and credit card arrears are peaking - with Australian banks bad and doubtful debts at three-year highs. SO DO NOT EXPECT RBA RATE HIKES. Look at the charts!
The Average Australian and Australian business is on struggle street. Consume...
The Average Australian and Australian business is on struggle street. Consume...
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According to MIDF Research, $SUNWAY(5211.MY$ is a likely new entrant to the FBM KLCI list in the semi-annual review after rising to the 23rd spot, while $AMBANK(1015.MY$ is likely to be removed.
2H2024 is just around the corner, here come the time again for KLCI to review their component stocks. SUNWAY which refresh new record highs since last year will definitely in the spotlight, after inclusion of YTL and YTLPOWR earlier.
$SUNWAY(5211.MY$ Weekly Cha...
2H2024 is just around the corner, here come the time again for KLCI to review their component stocks. SUNWAY which refresh new record highs since last year will definitely in the spotlight, after inclusion of YTL and YTLPOWR earlier.
$SUNWAY(5211.MY$ Weekly Cha...
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