On June 5th, the central bank reduced its overnight lending rate from 5% to 4.75%, marking the first decrease after a series of hikes that commenced in March 2022.
On July 23, the Bank of Canada made the second rate cut since 2022 from 4.75% to 4.5% considering Canada's inflation fell to 2.7% in June.
Going forward, more cuts to come?
Tiff Macklem, the governor of the Bank of Canada, said on Wednesday “If inflation continues to eas...

[Brief] Malaysian semiconductor stocks decoupled from the US technology sector in 2023, mainly due to the fact that demand has not recovered, and they have not directly benefited from Nvidia and the AI chip industry chain.
After entering 2024, many semiconductor companies have indicated that the destocking cycle is coming to an end. Besides automotive semiconductors, other types of semiconductors have shown signs of recovery.
In February 2024, with MPI delivering better-than-expected financial results and positive outlook, another giant INARI is also expected to perform well. The financial report will be released on February 26th.
From the current market capital flow perspective, the theme rotation seems to have reached the technology sector.
On 28th February 2024, this auspicious day, let's listen to Zeff's in-depth sharing of INARI's performance report and the latest news in the industry! See you there!
[Mentor] Zeff Tan, Chief Mentor of MALAYSIA SHARIX, Stock Market Researcher [Join Us] Tailored for moomoo users! 28th February, 8.00pm, don't miss it! Want to know the latest developments in the semiconductor industry? Quickly invite stock friends around you to learn together!
[Disclaimer] All views expressed in the live broadcast and videos are the independent opinions of SHARIX. moomoo and its affiliated companies are not responsible for the content and opinions.

There are so many aspect to technical analysis(TA) that it can be very overwhelming and intimidating to anybody that is new to investing. With hundreds of different technical indicators and strategies it can be difficult to decide where to start learning technical analysis.
The most important aspects of technical analysis are actually the most basic fundamentals of TA. They are the first thing you should learn in TA. Price action, volume, and the overall tr...

BZFD stock rose by 120 percent after CEO Jonah Peretti told staff the company would begin using AI to enhance quizzes and personalize content but not to write news articles.
On January 25th 2023, BuzzFeed Inc’s stock was trading at $0.95 – Today on January 27th 2023, it’s trading at $3.87
The move increased the market capitalization of BuzzFeed Inc from under $200 Million to $540 Million
CEO, Jonah ...

Worst is past, the best will be coming in its way, Hope everyone can make profit in 2023, which I think is the best year to review the past and do the better!

Dear mooers,
There are only a few days before the New Year's bell rings. New year, new hope!
For most investors, 2022 is a roller coaster ride. As we approach the end of 2022, all three major US stock indexes are on track to break their 3-year winning streaks and have their worst year since 2008. Let's look at the performance of the —an indicator of US stock performance this year:
* S&P 500 index focuses on the larg...