Siao siao
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10 days into May and we are seeing the stock market rebounding from Apr’s pullback. This is likely because we had a few economic data that favours a faster rate cut this year.
On top of that, many big tech companies have reported decent earnings, which kind of show that they can still survive under high interest rate environment
$Taiwan Semiconductor(TSM.US$ $AT&T(T.US$ $Hewlett Packard Enterprise(HPE.US$ $Intel(INTC.US$ $iShares Bitcoin Trust(IBIT.US$ $Super Micro Computer(SMCI.US$ $ChargePoint(CHPT.US$ $Grab Holdings(GRAB.US$
On top of that, many big tech companies have reported decent earnings, which kind of show that they can still survive under high interest rate environment
$Taiwan Semiconductor(TSM.US$ $AT&T(T.US$ $Hewlett Packard Enterprise(HPE.US$ $Intel(INTC.US$ $iShares Bitcoin Trust(IBIT.US$ $Super Micro Computer(SMCI.US$ $ChargePoint(CHPT.US$ $Grab Holdings(GRAB.US$