$PCHEM (5183.MY)$ up to 5.5 🤫

$VELESTO (5243.MY)$ dunno want to sleeping until when

Good morning, traders. Happy  Tuesday, November 26th. The Dow closed at a high yesterday, and the S&P 500 hit a trading record.
You will not make it through today without the news and animal spirits moving markets. My name is Kevin Travers, here is what's live:
$Amgen (AMGN.US)$ investors tightened their belts and shaved 11% of the stock price Tuesday after the firm said in a press release their Phase 2 study of MariTide showed ...

Hi, mooers!
YTL Power $YTLPOWR (6742.MY)$ is expected to release its latest quarterly earnings on November 26*. How will the market react to the company's results? Vote your answer to participate!
*The exact release date depends on the company's announcement.
🎁 Rewards
An equal share of 5,000 points: For mooers who correctly guess the price range of $YTLPOWR (6742.MY)$'s closing price on 26 November!
(Vote will clos...

Happy Wednesday, November 20. Without the news and animal spirits moving markets, you will not make it through today. My name is Kevin Travers, and the S&P 500 and market fell after more retail store earnings, but there is huge news today you have to watch:
$Target (TGT.US)$ posted a miss across earnings, revenue, and forward guidance. CEO Brian Cornell said the average ticket price per customer fell, and consumers we...

Today $S&P 500 Index (.SPX.US)$started sliding backwards with the Mag7 following the dip. $Apple (AAPL.US)$ started strong but the outlooks seems choppy today.
All eyes on $NVIDIA (NVDA.US)$ ER which will show profits beating estimates. But is it enough? Unless the new product shows more orders or gains. It may not be enough for the Market.
$Tesla (TSLA.US)$ & $Amazon (AMZN.US)$ with the biggest dip so far over 1.7% and 1.3% respectively.
Don’t panic and stay with your strategy....

Petronas Chemicals Group $PCHEM (5183.MY)$ Amid a sharp increase in forex losses, in the third quarter of the 2024 fiscal year (ending in September), there was a shift from profit to loss, with a significant loss of 0.789 million ringgit, compared to a net profit of 0.424 million ringgit in the same period last year.
This is also the first time Petronas Chemicals Group has incurred a quarterly loss since its IPO.
Regardless, Petronas Chemicals Group recorded a revenue of 7.986 billion ringgit in the third quarter, a 17.72% year-on-year increase.
In the first 9 months of the current financial year, Petronas Chemicals Group netted 0.656 billion ringgit, a sharp 58.59% year-on-year decline, while revenue increased by 8.20% year-on-year to 23.213 billion ringgit.
Petronas Chemicals Group stated that due to the weakening of the US dollar against the ringgit, the company incurred unrealized foreign exchange losses when revaluing the accounts payable of its subsidiary Pengerang Petrochemical Company (PPC) and reassessing the shareholder loans issued to PPC, leading to the main reason for the third-quarter profit turning into loss.
"PPC is a company operating in US dollars. Recently, the US dollar weakening against the ringgit has resulted in a forex loss of 0.536 billion ringgit on the revaluation of accounts payable, while the revaluation of shareholder loans has also caused a forex loss of 0.492 billion ringgit."
The total forex loss amounts to 1.1 billion.
In addition to other business forex losses, PetroChina Petrochemical faced a total forex loss of 1.1 billion ringgit in the third quarter.
Under the impact of the aforementioned forex losses, PetroChina Petrochemical's other expenses in the third quarter surged from 2 million ringgit in the same period last year to 11 million ringgit...