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Although heavyweight blue-chip stocks face some selling pressure, they are being dragged down $FTSE Bursa Malaysia KLCI Index(.KLSE.MY$The Composite Index showed a situation where it was unable to continue to rise, but it remained unchanged at 1,600 points.
In contrast, the field of medicine and health care presents a different landscape. Among them, the most outstanding performance is the top gloves $TOPGLOV(7113.MY$The stock price rose to nearly 4%, reaching a maximum of 93.5 cents.
Of course, the popularity of stock price trading may be related to the Civil Service Pension Fund Board (KWAP). From the original withdrawal from the ranks of majority shareholders, that is, the shareholding ratio was only 1.22% on October 6, 2022, it has now returned to 5%.
As for other glove stocks, they also recorded good gains.
$HARTA(5168.MY$
$KOSSAN(7153.MY$
$SUPERMX(7106.MY$
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.
In contrast, the field of medicine and health care presents a different landscape. Among them, the most outstanding performance is the top gloves $TOPGLOV(7113.MY$The stock price rose to nearly 4%, reaching a maximum of 93.5 cents.
Of course, the popularity of stock price trading may be related to the Civil Service Pension Fund Board (KWAP). From the original withdrawal from the ranks of majority shareholders, that is, the shareholding ratio was only 1.22% on October 6, 2022, it has now returned to 5%.
As for other glove stocks, they also recorded good gains.
$HARTA(5168.MY$
$KOSSAN(7153.MY$
$SUPERMX(7106.MY$
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.
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For data center messaging: Apple develops its own AI chip
According to some sources, $Apple(AAPL.US$Apple is currently developing its own artificial intelligence chips for data centers, but it is unclear when or whether they will launch them.
As soon as the news came out, it drove Apple's stock price higher after the market, but there was little upward momentum.
The Wall Street Journal quoted people familiar with the matter as reporting that Apple has used self-developed chips in iPhones, Macs, and other devices, and artificial intelligence chips for data centers will be carried out on this basis.
The report said that the project is codenamed ACDC within the company.
Apple's stock price rose 1.2% after trading on Monday. By the close, the stock had a cumulative decline of 5.6% this year. Apple representatives have yet to respond to requests for comment.
If Apple could push ahead with the development of its own server processors, it would be similar to what some of the biggest tech companies are doing.
$Amazon(AMZN.US$AWS, owned by Amazon $Alphabet-A(GOOGL.US$Google, $Microsoft(MSFT.US$Microsoft and $Meta Platforms(META.US$The data centers operated by Meta Platforms all use semiconductors of their own design to a certain extent, right $Intel(INTC.US$Intel's traditional dominance in this field has had an impact.
Source: Nanyang Siang Pao
Disclaimer: This content is for...
According to some sources, $Apple(AAPL.US$Apple is currently developing its own artificial intelligence chips for data centers, but it is unclear when or whether they will launch them.
As soon as the news came out, it drove Apple's stock price higher after the market, but there was little upward momentum.
The Wall Street Journal quoted people familiar with the matter as reporting that Apple has used self-developed chips in iPhones, Macs, and other devices, and artificial intelligence chips for data centers will be carried out on this basis.
The report said that the project is codenamed ACDC within the company.
Apple's stock price rose 1.2% after trading on Monday. By the close, the stock had a cumulative decline of 5.6% this year. Apple representatives have yet to respond to requests for comment.
If Apple could push ahead with the development of its own server processors, it would be similar to what some of the biggest tech companies are doing.
$Amazon(AMZN.US$AWS, owned by Amazon $Alphabet-A(GOOGL.US$Google, $Microsoft(MSFT.US$Microsoft and $Meta Platforms(META.US$The data centers operated by Meta Platforms all use semiconductors of their own design to a certain extent, right $Intel(INTC.US$Intel's traditional dominance in this field has had an impact.
Source: Nanyang Siang Pao
Disclaimer: This content is for...
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Introduction
According to a Bloomberg report on April 10, Berkshire Hathaway, led by Warren Buffett, intends to issue yen-denominated bonds globally once again. A week later, on the 18th, Berkshire announced that the scale of this bond issuance amounted to 263.3 billion yen, marking the largest issuance of its yen bonds since their debut in 2019.
Of particular note, Berkshire's decision to borrow yen comes at a time when the currency is plung...
According to a Bloomberg report on April 10, Berkshire Hathaway, led by Warren Buffett, intends to issue yen-denominated bonds globally once again. A week later, on the 18th, Berkshire announced that the scale of this bond issuance amounted to 263.3 billion yen, marking the largest issuance of its yen bonds since their debut in 2019.
Of particular note, Berkshire's decision to borrow yen comes at a time when the currency is plung...
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reuters.com/mar...
April 22 (Reuters) - Profit growth momentum of the so-called Big Six technology stocks could "collapse" over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies.
April 22 (Reuters) - Profit growth momentum of the so-called Big Six technology stocks could "collapse" over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies.
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In the video, I explained why $TENCENT(00700.HK$ is heading up.
It can be seen clearly from charts.
If you haven’t watch the video, watch it now.
Now, the price is at a resistance of 332.
If you had bought in around 305, that would be a nice 13% profit in a short period.
If the price breaks above 332, I will update it in another post.
Follow me for fresh updates!
It can be seen clearly from charts.
If you haven’t watch the video, watch it now.
Now, the price is at a resistance of 332.
If you had bought in around 305, that would be a nice 13% profit in a short period.
If the price breaks above 332, I will update it in another post.
Follow me for fresh updates!
From YouTube
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The ASX is on the rise after a steep decline at the end of last week. In order to understand the price restoration, @Jessica Amir, our Market Strategist, explains the reasons behind the 4.4% drop from record highs.
She goes into more depth in her recent appearance on SBS World News, but let's get into the recap of what's going on with the markets.
The ASX largely mimics the US, so there were four reasons behind the US and global market decline last...
She goes into more depth in her recent appearance on SBS World News, but let's get into the recap of what's going on with the markets.
The ASX largely mimics the US, so there were four reasons behind the US and global market decline last...
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GENTING Genting - Can we go to bottom now? [CC ENGLISH ENG SUB]
$GENTING(3182.MY$
GENTING Genting - Can we go to bottom now? [CC ENGLISH ENG SUB]
$GENTING(3182.MY$
GENTING Genting - Can we go to bottom now? [CC ENGLISH ENG SUB]
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From YouTube
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Malaysia crude palm oil futures $Crude Palm Oil Futures(JUL4)(FCPOmain.MY$ fell more than 8% last week and I want to see how will it affects Malaysia plantation stocks by referring to the Bursa Plantation Index $Bursa Plantation(0025I.MY$
$Crude Palm Oil Futures(JUL4)(FCPOmain.MY$ Daily Chart
FCPO had been in a long sideway range between RM3190-RM4500 since the price normalization in Jun 2022. The prices tested to break above RM4500 sideway hig...
$Crude Palm Oil Futures(JUL4)(FCPOmain.MY$ Daily Chart
FCPO had been in a long sideway range between RM3190-RM4500 since the price normalization in Jun 2022. The prices tested to break above RM4500 sideway hig...
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.US Stock Market Review 8 – 12 Apr 2024
$Dow Jones Industrial Average(.DJI.US$ -2.59%
$Nasdaq Composite Index(.IXIC.US$ -0.76%
$S&P 500 Index(.SPX.US$ Standard -1.70
Stocks stumbled on Friday as techs lost their winning ways, and as investors reeled from the banking sector's mixed results to kick off earnings season.
Event to watch: 15 Apr US Retail & Core Retail Sales, 17 Apr US Crude Oil Inventories, 18 Apr IJC & Existing Home Sales.
.MY Stock Market Review 8 – 12 Apr ...
$Dow Jones Industrial Average(.DJI.US$ -2.59%
$Nasdaq Composite Index(.IXIC.US$ -0.76%
$S&P 500 Index(.SPX.US$ Standard -1.70
Stocks stumbled on Friday as techs lost their winning ways, and as investors reeled from the banking sector's mixed results to kick off earnings season.
Event to watch: 15 Apr US Retail & Core Retail Sales, 17 Apr US Crude Oil Inventories, 18 Apr IJC & Existing Home Sales.
.MY Stock Market Review 8 – 12 Apr ...
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