Blue-chip stock $SUNWAY (5211.MY)$ has hit another record high and has achieved a 146% increase this year. The company is expected to announce its financial report for the third quarter of 2024 on November 26.
As a comprehensive enterprise active in many fields, its business covers real estate development, investment, construction, leisure and hotel industry, education, trade and manufacturing, building materials and healt...

Every investor dreams of finding a diamond in the rough: a cheap stock with multi-bagger potential. Trading for just $4+ at the time of this writing, Archer Aviation $Archer Aviation (ACHR.US)$ could fit the bill as it helps pioneer the electric vertical takeoff and landing (eVTOL) industry with its flying taxis.
Let's dig deeper into the pros and cons of the company to decide if its shares are a good buy.
What are eVTOLs?
Batteries continue to impro...

You will not get through the trading day without the news and animal spirits guiding the market. It is finally Friday, November 15th.
My name is Kevin Travers and the market is falling today- here is why.
$Alibaba (BABA.US)$  shares declined after a report from the firm Friday morning that it was facing a consumer demand slump, even though its AI cloud business grew 7% to $4.2B in its second fiscal quarter.
$Applied Materials (AMAT.US)$ fell 8% after r...

Morning Movers
Gapping up
$Home Depot (HD.US)$ 's stock climbed 0.9% following an updated forecast for higher annual same-store sales. This was attributed to steady demand from professional contractors which helped balance out the decreased spending on larger-scale projects like kitchen renovations.
$Shopify (SHOP.US)$ has outperformed Wall Street forecasts for its third-quarter revenue, achieving $2.16 billion in sales, which i...

Good morning, traders. Happy Monday, November 11th. The market is climbing, but some tech firms are pulling back after hitting post-election records. The S&P 500 broke through 6,000 Friday and traded above the historic mark again Monday.
My name is Kevin Travers; here is the news and animal spirits moving markets today.
$Monolithic Power Systems (MPWR.US)$ shares fell 22%, the lowest decliner on the S&P 500 and Nasdaq, after a report from analysts at Edgew...

$Tesla (TSLA.US)$'s stock is riding a post-election wave, climbing over 6% in pre-market trading following a significant 8.2% surge last Friday. This rally is buoyed by expectations that Elon Musk’s enterprises, including Tesla, might receive favorable treatment under President-elect Donald Trump, largely due to Musk's considerable support during Trump's campaign.
Since election day, Tesla's stock has soared over 26%, augmenting ...

The major indices hit the trifecta as the Dow and S&P 500 headed for their best week in a year while the Nasdaq set a record.
At 4:01 p.m. ET, after the $Dow Jones Industrial Average (.DJI.US)$ crossed 44,000 for the first time,  and closed up 0.60% at 43,990. This represented the Dow's best week in a year.  
Also undergoing its best week, the $S&P 500 Index (.SPX.US)$ crossed the 6000 milestone intraday and closed up 0.38%, at 5995. This is ...

Shares of e.l.f. Beauty Inc. $e.l.f. Beauty (ELF.US)$ surged by over 6% on November 7, 2024, after the affordable cosmetics company reported robust fiscal second-quarter results and raised its full-year guidance, defying economic headwinds.
For the quarter ended September 30, the company's net sales jumped 40% year-over-year to $301.1 million, exceeding analyst estimates. Adjusted earnings per sha...

Morning Movers
Gapping up
$Qualcomm (QCOM.US)$ stock rose 7.7% in premarket trading. The company exceeded expectations with its fiscal fourth-quarter earnings, reporting adjusted earnings of $2.59 per share and $10.24 billion in revenue, a 19% increase from last year. For the first quarter, Qualcomm forecasts adjusted earnings of $2.95 per share and $10.9 billion in revenue at the midpoint.
$Moderna (MRNA.US)$ shares climbed...