Will AWS's major investment in Malaysia attract significant stock market interest? #Weekly Market Pulse
Hello everbody, here's Ridzuan Azlan, the newest member of the Malaysia Dealer Team. I'm excited to share trading knowledge and insights with you all on moomoo. ![]()
Recently, Amazon's cloud service platform AWS announced the launch of its new cloud data center in Malaysia, known as the AWS Asia Pacific (Malaysia) Region. This year, Malaysia has increasingly attracted attention from global giants in the data center and related infrastructure sectors. Major companies like Google, ByteDance, and Microsoft have committed to investing billions of dollars in the country.
Will this round of investments help Amazon's cloud services achieve new growth? It might take some time to find out. Let's take a closer look at the situation of this American stock market giant, Amazon $Amazon (AMZN.US)$.
>> Price Trend
Amazon’s stock has generally shown strong long-term growth, reflecting the company’s expansion into various sectors such as e-commerce, cloud computing (AWS), and digital services. Recently, the stock may have experienced volatility due to changes in consumer behavior, interest rate adjustments, or macroeconomic factors. Compare recent price changes with AWS performance and global market conditions.
>> Company profile
Amazon.com, Inc. is a multinational technology and e-commerce company. It is one of the world's largest online retailers and a major player in cloud computing. Amazon provides a wide range of products and services, including e-commerce, cloud services through Amazon Web Services (AWS), digital streaming, and artificial intelligence.
Amazon.com, Inc. is a multinational technology and e-commerce company. It is one of the world's largest online retailers and a major player in cloud computing. Amazon provides a wide range of products and services, including e-commerce, cloud services through Amazon Web Services (AWS), digital streaming, and artificial intelligence.
>> Latest Earnings
Amazon reported revenue of approximately $145.6 billion for Q2 2024, which represents a 10% YoY increase. This growth was driven by strong performance in both its e-commerce and AWS segments. Amazon expects continued revenue growth driven by strong performance in both its e-commerce and AWS segments. The company anticipates that ongoing investments in technology and infrastructure will support future growth.
Amazon reported revenue of approximately $145.6 billion for Q2 2024, which represents a 10% YoY increase. This growth was driven by strong performance in both its e-commerce and AWS segments. Amazon expects continued revenue growth driven by strong performance in both its e-commerce and AWS segments. The company anticipates that ongoing investments in technology and infrastructure will support future growth.
>> Recent Development
Recent expansions of infrastructure and new product offerings in cloud computing have bolstered AWS's market position and contributed to Amazon’s revenue. Amazon’s expanded presence in Malaysia could intensify competition in the local e-commerce sectors and cloud services markets. By enhancing its AWS infrastructure in Malaysia, Amazon aims to tap into the growing demand for cloud services in the region. This expansion supports the broader strategy of strengthening AWS’s global presence and driving revenue growth.
Recent expansions of infrastructure and new product offerings in cloud computing have bolstered AWS's market position and contributed to Amazon’s revenue. Amazon’s expanded presence in Malaysia could intensify competition in the local e-commerce sectors and cloud services markets. By enhancing its AWS infrastructure in Malaysia, Amazon aims to tap into the growing demand for cloud services in the region. This expansion supports the broader strategy of strengthening AWS’s global presence and driving revenue growth.
>> Factors to Watch Opportunities
– Increased Trading Activity: An increase in market share can indicate successful expansion and positively impact Amazon’s stock.
– New Listings: Attracting more IPOs and listings can enhance market liquidity and trading activity.
– Increased Trading Activity: An increase in market share can indicate successful expansion and positively impact Amazon’s stock.
– New Listings: Attracting more IPOs and listings can enhance market liquidity and trading activity.
Factors to Watch Risks
– Market Volatility: High volatility in the financial markets could impact trading volumes and revenue.
– Market Trends: Consider broader market trends and economic conditions, which can impact stock performance regardless of company-specific factors.
For this week's hands-on video, I'd like to introduce you to the process of applying for an IPO on moomoo.
– Market Volatility: High volatility in the financial markets could impact trading volumes and revenue.
– Market Trends: Consider broader market trends and economic conditions, which can impact stock performance regardless of company-specific factors.
For this week's hands-on video, I'd like to introduce you to the process of applying for an IPO on moomoo.
At last, attached are the US and MY market weekly review and outlook ↓
US Market Overview: During the week of August 19-23, 2024, the U.S. stock market experienced significant gains, continuing a positive trend from the previous week. The S&P 500 surged by approximately 3.6%, buoyed by solid economic data, including better-than-expected retail sales and easing inflation, which alleviated concerns about an economic slowdown. This performance was largely driven by the tech and consumer discretionary sectors. These sectors led the market gains, driven by both solid earnings and broader optimism about future growth.
🇺🇸 US Market Event to watch:
>> Nvidia $NVIDIA (NVDA.US)$ : Nvidia upcoming earning report will be a significant impact. After a stellar performance driven by the AI boom, Nvidia's growth may decelerate, raising concerns over whether the AI trade is sustainable.
>> Aug 28 – US Crude Oil Inventories, 30 Aug – US Core PCE Price Index (MoM), US Core PCE Price Index (YoY).
>> Nvidia $NVIDIA (NVDA.US)$ : Nvidia upcoming earning report will be a significant impact. After a stellar performance driven by the AI boom, Nvidia's growth may decelerate, raising concerns over whether the AI trade is sustainable.
>> Aug 28 – US Crude Oil Inventories, 30 Aug – US Core PCE Price Index (MoM), US Core PCE Price Index (YoY).
MY Market Overview: Key sectors that saw activity include technology, construction, and palm oil, with stocks such as MY EG Services and Dialog Group seeing active trading. Investor sentiment remained cautious amid global economic concerns, but local developments, such as strong GDP data, offered some support to the market.
🇺🇸 MY Market Event to watch:
>> 30 Aug – MY Money Supply (YoY)
In the end, I will share more market trends and investment knowledge in the official Learning group organized by the moomoo Education Team @Invest With Cici. Everyone is welcome to join.
>> 30 Aug – MY Money Supply (YoY)
In the end, I will share more market trends and investment knowledge in the official Learning group organized by the moomoo Education Team @Invest With Cici. Everyone is welcome to join.
Don't forget to follow me for more trading insights into the Malaysia stock market! Have a good week.![]()
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Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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118062799 : ringgit is never a stable currency… datacenter ops are typically placed in developing country to exploit low wages…. its costs center
Longsterr : If aws go Malaysia Singapore data centre gg cos there cheaper
118062799 Longsterr : singapore does not want datacenter business… its low margin and take up landspace… do u think developed countries are interested in plantation for example?
Kero-kero 118062799 : developed countries indeed has large area for agriculture. US is big exporter of corn & rice. Europe has lot of fruits, wine.. you name it.