What a dynamic day in the market! With fresh Nonfarm Payroll data showing a sharp slowdown in job growth to 12K (way below the expected 113K), it’s a signal that the economy might be cooling. This has stirred up the markets $S&P 500 Index (.SPX.US)$ , as investors now anticipate possible larger rate cuts from the Fed to support growth.
Check out the moves with the Magnificent 7 stocks – we’re seeing some strong action! 📈
• $Amazon (AMZN.US)$ & $NVIDIA (NVDA.US)$ leading w...

The recovery momentum of the Malaysian glove industry is gradually improving, market experts believe that this is a good opportunity to accumulate glove stocks, and specifically mentioned the high-yield Chen Pi Industry and Hershey. $KOSSAN (7153.MY)$ and Hershey. $HARTA (5168.MY)$ 。
The research report by Volkswagen Investment Bank on Monday indicated a good sign of recovery in the glove industry, as both product sales and average selling prices are rising, which will all be drivers of revenue growth for industry players.
In the latest quarterly performance, the glove industry players we are focusing on all saw an increase in product sales, leading to a sequential revenue growth.
According to data from the Department of Statistics Malaysia (DOSM), our country's glove exports grew by 14% year-on-year in the first half of the year, while production volume increased by 6% year-on-year. Therefore, analysts predict that overall glove sales will continue to rise.
Despite the losses incurred by Top Glove $TOPGLOV (7113.MY)$ still incurring losses, but Hartalega and Kossan Rubber Industries respectively recorded core net profits of 36.7 million ringgit and 26.8 million ringgit.
Better pricing position.
"We understand that the average selling price for every 1000 gloves fluctuates between 20 to 21 US dollars, slightly higher than the 17 to 18 US dollars at which Chinese industry players sell."
The analyst continued, as customer inventories are depleted, they are more willing to accept price increases, which narrows the price gap between Malaysian and Chinese players, indicating that market price competition will become more intense.
However, we are bullish on Malaysian industry players being able to continue raising their average...

Hey, guys! Nvidia's earnings report dropped and the market went bonkers! 💥 I've rounded up the funniest memes everyone’s using to rant about it. Meme fest, anyone?
I've even sorted them into "Winners" and "Losers" collections. Pretty neat, huh?
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Hi mooers! Are you ready for the Malaysian earnings season?
This week, $INARI (0166.MY)$ and $TENAGA (5347.MY)$ are said to report their quarterly earnings.
Who will surprise the market more, the semiconductor giant or the electricity monopoly? Make your prediction to grab point rewards!
Rewards
● An equal share of 5,000 points: For mooers who correctly guessed the winner who makes the biggest % gains in intraday trading this week (e.g., ...

$NVIDIA (NVDA.US)$ friday traders cash out go TGIF?