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Thai PM: To Accelerate Investment Spending, Expects Economy to Beat Forecast Next Year
Clement Lemons
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As 2024 comes to a close, Malaysia has reported a third-quarter GDP growth of 5.3%, demonstrating strong economic resilience. Robust investment and financing activities have been a key support factor, with 46 companies completing Initial Public Offerings (IPO) this year, marking the highest level in nearly five years.
According to Bursa data, there have been 11 companies listed in the fourth quarter to date, raising a total of 798 million ringg...
According to Bursa data, there have been 11 companies listed in the fourth quarter to date, raising a total of 798 million ringg...
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Clement Lemons
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This post is originally posted on my Substack. Subcribe for free to support me!
$Mapletree Ind Tr (ME8U.SG)$ used to be the lesser among the Mapletree REITs.
If I could rewind the clock back to 10 years ago, back then Mapletree Pan Asia Commercial Trust (N2IU) (formerly known as Mapletree Commercial Trust) and Mapletree Logistics Trust (SGX: M44U) were the talk of the town.
One boasts crown jewel properties in the likes ...
$Mapletree Ind Tr (ME8U.SG)$ used to be the lesser among the Mapletree REITs.
If I could rewind the clock back to 10 years ago, back then Mapletree Pan Asia Commercial Trust (N2IU) (formerly known as Mapletree Commercial Trust) and Mapletree Logistics Trust (SGX: M44U) were the talk of the town.
One boasts crown jewel properties in the likes ...
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Clement Lemons
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Good morning, traders. Happy Monday, November 18th. You will not make it through the day without news about the animal spirits moving the market today.
My name is Kevin Travers, and the S&P 500 climbed on Monday, but key stocks were pulling down the Dow.
$Super Micro Computer (SMCI.US)$ was the highest climbing stock on the S&P 500, up 11% after a rumor Friday that the firm might file a plan to file their still dela...
My name is Kevin Travers, and the S&P 500 climbed on Monday, but key stocks were pulling down the Dow.
$Super Micro Computer (SMCI.US)$ was the highest climbing stock on the S&P 500, up 11% after a rumor Friday that the firm might file a plan to file their still dela...
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Clement Lemons
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Good morning mooers! Here are things you need to know about today's market:
● U.S. Stock Indices Retreat After Hitting Record Highs
● Economists Maintain Cautious Optimism for Malaysia's 2024 Q4 GDP Amid Global Trade Concerns
● PM Anwar's Visit to Peru Spurs RM1.24 Billion in Potential Malaysian Exports
● Stocks to Watch: MAHB, Kossan, Malaysia Smelting Corp, etc.
- Moomoo News MY
Wall Street Summary
After reachi...
● U.S. Stock Indices Retreat After Hitting Record Highs
● Economists Maintain Cautious Optimism for Malaysia's 2024 Q4 GDP Amid Global Trade Concerns
● PM Anwar's Visit to Peru Spurs RM1.24 Billion in Potential Malaysian Exports
● Stocks to Watch: MAHB, Kossan, Malaysia Smelting Corp, etc.
- Moomoo News MY
Wall Street Summary
After reachi...
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Clement Lemons
commented on
Columns Investment mogul Baron predicts that Tesla's market cap will reach $5 trillion within 10 years.
Electric vehicle giant Tesla (TESLA), after the U.S. presidential election, saw a surge in stock price, even doubling compared to the lowest point this year. American investment tycoons still bullish on Tesla's potential to rise several times.
Investment tycoon Baron (RON BARON), who is also a major shareholder of Tesla, stated that Tesla's market cap could rise to $5 trillion within 10 years. Tesla's CEO Musk also believes that Tesla's market cap could reach $30 trillion.
In response to Trump's election as the next U.S. president, Musk's support played a significant role. Recently, Tesla's stock price surged by over 25%, with its market cap surpassing $1 trillion again.
Barron was one of the early investors in Tesla, and Baron Capital, managed by him, invested 0.4 billion USD in the company between 2014 and 2016.
He once disclosed that his investment in Tesla brought him a profit of 6 billion USD. Tesla currently accounts for one-tenth of Barron's stock investment.
Barron, when interviewed by CNBC on Friday, believes that due to the development of humanoid robot Optimus, Tesla could reach over 3 trillion USD in the next 10 years, even 4 trillion or 5 trillion USD. Therefore, he will not sell his Tesla stocks at the current stage.
He also revealed that Musk believes that Tesla's market cap is more likely to reach 30 trillion dollars.
Tesla closed 9.54 dollars higher on Friday at 320.72 dollars.
source: 9Share
Investment tycoon Baron (RON BARON), who is also a major shareholder of Tesla, stated that Tesla's market cap could rise to $5 trillion within 10 years. Tesla's CEO Musk also believes that Tesla's market cap could reach $30 trillion.
In response to Trump's election as the next U.S. president, Musk's support played a significant role. Recently, Tesla's stock price surged by over 25%, with its market cap surpassing $1 trillion again.
Barron was one of the early investors in Tesla, and Baron Capital, managed by him, invested 0.4 billion USD in the company between 2014 and 2016.
He once disclosed that his investment in Tesla brought him a profit of 6 billion USD. Tesla currently accounts for one-tenth of Barron's stock investment.
Barron, when interviewed by CNBC on Friday, believes that due to the development of humanoid robot Optimus, Tesla could reach over 3 trillion USD in the next 10 years, even 4 trillion or 5 trillion USD. Therefore, he will not sell his Tesla stocks at the current stage.
He also revealed that Musk believes that Tesla's market cap is more likely to reach 30 trillion dollars.
Tesla closed 9.54 dollars higher on Friday at 320.72 dollars.
source: 9Share
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Clement Lemons
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Morning Movers
Gapping up
$Tesla (TSLA.US)$ 's stock saw a 0.3% increase as RBC Capital upgraded its price target, citing stronger prospects for its autonomous driving technology and better performance than traditional car manufacturers.
Shares of $Domino's Pizza (DPZ.US)$ jumped 5.5% and Pool Corporation saw a 5.9% gain after Warren Buffett's firm acquired stakes in both companies in the third quarter, as reported in regul...
Gapping up
$Tesla (TSLA.US)$ 's stock saw a 0.3% increase as RBC Capital upgraded its price target, citing stronger prospects for its autonomous driving technology and better performance than traditional car manufacturers.
Shares of $Domino's Pizza (DPZ.US)$ jumped 5.5% and Pool Corporation saw a 5.9% gain after Warren Buffett's firm acquired stakes in both companies in the third quarter, as reported in regul...
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