$YTLPOWR (6742.BMS)$ KUALA LUMPUR: YTL Power International Bhd's core earnings of RM973.8 million in the fourth quarter ended June 30,2024 (Q4FY24) which boosted its financial year 2024 (FY24) earnings to RM3.4 billion came within Hong Leong Investment Bank's (HLIB Research) forecast of 103 per cent.
The firm noted the results came in above consensus' forecasts of 108.3 per cent.
HLIB Research added the improved earnings by 73.9 per cent to RM3.4 billion was driven by the substantially stronger ...
The firm noted the results came in above consensus' forecasts of 108.3 per cent.
HLIB Research added the improved earnings by 73.9 per cent to RM3.4 billion was driven by the substantially stronger ...
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$YTL (4677.BMS)$ Opportunity to accumulate rather than selling off... What are they thinking? Too many weak hands that succumb to unfounded fears...
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$NVIDIA (NVDA.US)$ U.S. retail sales rose by a larger than expected amount in July, pointing to resilience in consumer spending activity ahead of next month’s Federal Reserve meeting.
Retail sales rose by 1% last month, accelerating from an unchanged reading in June, according to Commerce Department data released earlier Thursday, more than the 0.4% expected.
On an annual basis, retail sales rose by 2.7%, having increased by a revised lower 2.0% in June.
Additionally, the number of Americans ...
Retail sales rose by 1% last month, accelerating from an unchanged reading in June, according to Commerce Department data released earlier Thursday, more than the 0.4% expected.
On an annual basis, retail sales rose by 2.7%, having increased by a revised lower 2.0% in June.
Additionally, the number of Americans ...
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$NVIDIA (NVDA.US)$ Former Google CEO Eric Schmidt recommended investors buy Nvidia stock, highlighting that around $300 billion in hardware capital expenditures is expected to go to Nvidia.
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$NVIDIA (NVDA.US)$ US Jul. CPI YoY +2.9% Vs +3.0% Forecast, Prior +3.0%
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$NVIDIA (NVDA.US)$ U.S. Jul PPI Year-Over-Year Final Demand +2.2% (Consensus +2.3%)
$NVIDIA (NVDA.US)$ Nvidia told the media that there was no change to the strong demand for the Hopper chip and the production plan for the Blackwell chip. This means that even if the B200 is delayed, the impact on Nvidia's revenue may not be particularly significant, as the market demand for the Hopper chip remains strong.
Several Wall Street analysts also believe that the issue will be resolved. John Vinh, an analyst at KeyBanc Capital Markets, said, "If this is really a supply or timing issue,...
Several Wall Street analysts also believe that the issue will be resolved. John Vinh, an analyst at KeyBanc Capital Markets, said, "If this is really a supply or timing issue,...
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$NVIDIA (NVDA.US)$. Investing.com-- U.S. stocks rose strongly Thursday after reasonably solid labor data allayed fears of a sharp slowdown in economic activity in the world's biggest economy.
Data released earlier Thursday showed the number of Americans filing new applications for unemployment benefits came in at 233,000 for the week ended Aug. 3.
This was below the 241,000 expected, and a reduction from the revised 250,000 the prior week, which was an 11-month high.
The main Wall Street ind...
Data released earlier Thursday showed the number of Americans filing new applications for unemployment benefits came in at 233,000 for the week ended Aug. 3.
This was below the 241,000 expected, and a reduction from the revised 250,000 the prior week, which was an 11-month high.
The main Wall Street ind...
$NVIDIA (NVDA.US)$ Despite recent market volatility, Evercore ISI analysts assert that we are still in a bull market and view the current selloff as a "buyable correction."
Reflecting on historical market turbulence, they remind investors that today's challenges are far less severe compared to past crises, notably the period surrounding President Richard Nixon's resignation in 1974.
At that time, the U.S. was embroiled in one of the most brutal bear markets in history, driven by political, soci...
Reflecting on historical market turbulence, they remind investors that today's challenges are far less severe compared to past crises, notably the period surrounding President Richard Nixon's resignation in 1974.
At that time, the U.S. was embroiled in one of the most brutal bear markets in history, driven by political, soci...
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$NVIDIA (NVDA.US)$ "Nvidia's competitive position remains sound, and we don't expect any share loss from a minor delay ...We see Nvidia as best positioned in AI, benefiting from full stack AI hardware/software solutions," wrote Oppenheimer analyst Rick Schafer in a research note.
Along with other analysts, Schafer pointed to Nvidia's ability to extend its current-generation Hopper chips to cover any delay in Blackwell shipments and the minimal risk of share loss as major technology companies con...
Along with other analysts, Schafer pointed to Nvidia's ability to extend its current-generation Hopper chips to cover any delay in Blackwell shipments and the minimal risk of share loss as major technology companies con...