$Super Micro Computer(SMCI.US)$
Ultramicrocomputer (SMCI.US) plans to use the proceeds from revolving credit facilities to fully repay and withdraw from each term loan facility and asset-backed loan (ABL) agreement. Here's a detailed analysis of the situation:
What is a revolving credit facility?
A revolving credit facility is a loan arrangement that allows a company to borrow and repay at any time within a certain credit limit, similar to a credit card. This facility provides flexible money management tools, making it easy for companies to respond to short-term cash needs.
What are term loan facilities and asset-backed loan (ABL) agreements?
- **Term Loan Facility**: It is a fixed-term loan where the company is required to repay principal and interest in installments or in a lump sum within an agreed period after borrowing.
- **Asset-Backed Loan (ABL) Agreement**: A loan arrangement that uses company assets (such as accounts receivable, inventory, etc.) as collateral, and the company can obtain financing based on the value of these assets.
### The significance of using revolving credit facilities for repayment term loans and ABL agreements
1. **Increased flexibility**:
- Term loans and ABL agreements usually have strict repayment plans and terms, while revolving credit facilities provide more flexibility, allowing companies to withdraw funds when needed and repay when available...

$IFCAMSC(0023.MY)$ hurry up, get into the bus now, we will depart to the moon soon

$Meta Platforms(META.US)$
Reality Labs Told to Cut 20% of Expenses
According to a July 18th report by The Information, as Meta's spending on artificial intelligence escalates, company executives have imposed stricter constraints on the Reality Labs division. The hardware team within Reality Labs has been mandated to reduce expenses by nearly 20% over the next two years, with the bulk of these cuts taking effect this year. Meta's Chief Financial Officer...

Third-party technology was the main reason for the “disconnection” of the Long Comprehensive Index price this afternoon
(KUALA LUMPUR 19th) $BURSA(1818.MY)$The Malaysian Stock Exchange said that information on the FTSE Composite Index experienced an interruption in midday trading on Friday, but it quickly returned to normal and did not affect trading.
Earlier, the Malaysia Stock Exchange said that FTSE Composite Index information service was interrupted, and it is investigating the matter.
Meanwhile, according to the Malaysia Stock Exchange, transactions were not affected during the period.
Afterwards, the Malaysian Stock Exchange stated in another notice that all FTSE Index and Long Composite Index information had been restored at 3:21 p.m., but the reason for the interruption was not explained.
Soon after, the Malaysian Stock Exchange announced that all FTSE Index and Long Composite Index information had been restored at 3:21 p.m., and emphasized that Malaysia Stock Exchange transactions were not affected.
The Malaysian Exchange stated in its latest statement that, according to FTSE Russel (FTSE Russel) spokesperson, this was due to a third-party technical issue, and the service of all of its indices worldwide was interrupted.
FTSE Russell believes this is related to current issues reported by several other global agencies.
The market closed on Friday, and the composite index reported 1636.55 points, up 2.74 points or 0.17% throughout the day
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Before making any investment decisions, be sure to conduct your own independent research and evaluation, and if necessary...

Microsoft Global Crash Suspected Cybersecurity Company System Updates Out of Package
(Sydney, 19th) Computer networks in many parts of the world experienced connectivity problems on the 19th. The headquarters is an American computer security technology company. $CrowdStrike(CRWD.US)$ Large-scale disruptions caused $Microsoft(MSFT.US)$ Microsoft's global Microsoft Windows system (Microsoft Windows) has been paralyzed, affecting the operation of markets and social systems on a large scale. Electronic system accidents have occurred in countries and regions such as the United States, Hong Kong, Singapore, Japan, Australia, and Taiwan.
According to comprehensive foreign media reports, the Microsoft system broke out in a global crash at around 1:19 p.m. on the 19th. Many netizens reported that PTT, US Reddit, and X platforms all poured into extensive discussions. Many people shouted directly for the blue screen of the system. Many companies in Japan have already directly shut down. The Microsoft system failure also caused the US low-cost airline Frontier Airlines and other small low-cost airline companies to stop flying.
Many netizens are crying out for not being able to use Microsoft-related software, such as tools such as Microsoft 365, and some even had a “blue screen error (blue screen)” directly after updating the operating system, calling “You can announce your own vacation.”
According to a report by Windows Latest, the culprit that caused the Microsoft Windows system crash and even the blue screen error was not a minor...