$MAYBANK (1155.MY)$
At 0535 GMT, Nestle (Malaysia) has won a higher ESG score from Maybank IB for its efforts to reduce carbon footprint. Jade Tam said that the latest report of this food and beverage company indicates that it has made further progress in emissions reduction. She pointed out that the total emissions of scopes 1, 2, and 3 (covering the entire value chain of a company) have decreased by 46% since 2021, and all its manufacturing facilities have transitioned to 100% cecep solar energy and hydropower. Tam also added that Nestle excels in sustainable development data transparency and is reviewing its progress towards achieving net zero emissions by 2050. According to Maybank IB, the company's ESG progress and data availability are "higher than other F&B manufacturers".
A bright future ahead.
At 0535 GMT, Nestle (Malaysia) has won a higher ESG score from Maybank IB for its efforts to reduce carbon footprint. Jade Tam said that the latest report of this food and beverage company indicates that it has made further progress in emissions reduction. She pointed out that the total emissions of scopes 1, 2, and 3 (covering the entire value chain of a company) have decreased by 46% since 2021, and all its manufacturing facilities have transitioned to 100% cecep solar energy and hydropower. Tam also added that Nestle excels in sustainable development data transparency and is reviewing its progress towards achieving net zero emissions by 2050. According to Maybank IB, the company's ESG progress and data availability are "higher than other F&B manufacturers".
A bright future ahead.
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$MAYBANK (1155.MY)$ Although Maybank is already the big brother of the Malaysian banking industry, it has not neglected to improve the quality of service. Recently, Maybank introduced the Maybank One Solution service.
Maybank hopes to launch this one-stop service solution through its existing service counters, further consolidating its position in the domestic retail banking industry and providing customers with more service options.
It is understood that Maybank's Maybank One Solution has 4 service functions, including trade, deposit, loans, and insurance. Maybank will focus on promoting this one-stop solution domestically at this stage, and plan to consider expanding this service to overseas markets in the next 2 to 3 years.
In fact, Maybank currently provides the best cash withdrawal services in the region. Customers from Cambodia, Papua New Guinea, Malaysia, Singapore, Brunei, and the Philippines can withdraw cash from Maybank's Smart ATMs without incurring additional service fees.
Therefore, although the operating environment of the banking industry is quite challenging, analysts are still bullish on Maybank's regional expansion efforts and the strong stable loan support available domestically, meaning that Maybank's future prospects are still promising.
Maybank hopes to launch this one-stop service solution through its existing service counters, further consolidating its position in the domestic retail banking industry and providing customers with more service options.
It is understood that Maybank's Maybank One Solution has 4 service functions, including trade, deposit, loans, and insurance. Maybank will focus on promoting this one-stop solution domestically at this stage, and plan to consider expanding this service to overseas markets in the next 2 to 3 years.
In fact, Maybank currently provides the best cash withdrawal services in the region. Customers from Cambodia, Papua New Guinea, Malaysia, Singapore, Brunei, and the Philippines can withdraw cash from Maybank's Smart ATMs without incurring additional service fees.
Therefore, although the operating environment of the banking industry is quite challenging, analysts are still bullish on Maybank's regional expansion efforts and the strong stable loan support available domestically, meaning that Maybank's future prospects are still promising.
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Choose not to speculate on stocks. $Fullerton SGD Cash Fund (SG9999005961.MF)$
The annualized return rate is also great.
Another. $Grab Holdings (GRAB.US)$ It's just not ideal.![]()
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The annualized return rate is also great.
Another. $Grab Holdings (GRAB.US)$ It's just not ideal.
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More discussion $Apple (AAPL.US)$ on future trends and target price
While technology stocks index remains firmly in the green (10 minutes into trading), they have been weak from the start. Sickly stocks.
The 50% Fibonacci retracement level ($161), along with the 200-day moving average area, is a practical initial target price for Apple. However, if the long-term yield increases significantly from here, and/or the relative strength of the US dollar against Apple does not improve, there may still be significant downside potential.
After Apple's disappointing Q2 earnings, the drop continues, but is it really that bad? Support is at $176.615-168.89 billion USD.
Within a 4-hour time frame, Apple's stocks have reached a suitable range of $176, which could lead to a price increase. If a specific area is breached, this buying scenario will become invalid.
While technology stocks index remains firmly in the green (10 minutes into trading), they have been weak from the start. Sickly stocks.
The 50% Fibonacci retracement level ($161), along with the 200-day moving average area, is a practical initial target price for Apple. However, if the long-term yield increases significantly from here, and/or the relative strength of the US dollar against Apple does not improve, there may still be significant downside potential.
After Apple's disappointing Q2 earnings, the drop continues, but is it really that bad? Support is at $176.615-168.89 billion USD.
Within a 4-hour time frame, Apple's stocks have reached a suitable range of $176, which could lead to a price increase. If a specific area is breached, this buying scenario will become invalid.
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1. AMD's PC business continued to decline sharply year on year in the second quarter, but the decline was slower than in the first quarter.
Including desktop and notebook PC processors and chipsets, AMD's customer division had second-quarter revenue of US$998 million, a year-on-year decrease of 54%, a sharp decrease of 65.2% year-on-year in the first quarter, and a 35% increase in second-quarter revenue over the first quarter.
AMD said that the year-on-year decline in this business stemmed from reduced processor shipments due to a weak PC market and significant inventory adjustments throughout the PC supply chain. At the same time, it was pointed out that the reason for the month-on-month increase in revenue stemmed from the surge in sales of Ryzen 7000 series CPUs and the improvement in the PC market environment.
2. The game business in the second quarter was still the largest source of revenue for AMD, and the year-on-year decline was slower than in the first quarter.
Including independent graphics processing units (GPUs) and semi-custom game console products, AMD's gaming division had revenue of US$1.6 billion, down 4% year on year, and down 6.3% year on year in the first quarter.
According to AMD, sales of semi-custom products in this business increased year over year, but this was offset by the decline in GPUs. The business's second-quarter revenue fell 10% month-on-month, mainly due to a decline in GPU sales.
Including desktop and notebook PC processors and chipsets, AMD's customer division had second-quarter revenue of US$998 million, a year-on-year decrease of 54%, a sharp decrease of 65.2% year-on-year in the first quarter, and a 35% increase in second-quarter revenue over the first quarter.
AMD said that the year-on-year decline in this business stemmed from reduced processor shipments due to a weak PC market and significant inventory adjustments throughout the PC supply chain. At the same time, it was pointed out that the reason for the month-on-month increase in revenue stemmed from the surge in sales of Ryzen 7000 series CPUs and the improvement in the PC market environment.
2. The game business in the second quarter was still the largest source of revenue for AMD, and the year-on-year decline was slower than in the first quarter.
Including independent graphics processing units (GPUs) and semi-custom game console products, AMD's gaming division had revenue of US$1.6 billion, down 4% year on year, and down 6.3% year on year in the first quarter.
According to AMD, sales of semi-custom products in this business increased year over year, but this was offset by the decline in GPUs. The business's second-quarter revenue fell 10% month-on-month, mainly due to a decline in GPU sales.
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