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Despite Zuckerberg's stock sell-off, insider sales may reflect diverse motivations, not necessarily a bearish view of the company. META stock is seen as undervalued per its robust growth prediction - Wall Street analysts suggest a 'strong buy' signal, hinting at optimism for the stock's future.
What Mark Zuckerberg's Massive Meta Stock Dump Means for Investors 5
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Nvidia exceeded analyst expectations for its third-quarter earnings, reporting adjusted earnings per share and revenue that were significantly higher than the same period last year. This comes as the AI industry continues to grow at a rapid pace.
After sliding as much as 6.3% in late trading, the shares settled down to a decline of about 1.7%.
• The company expects a steep drop in fourth-quarter sales in China - a key revenue generator -...
After sliding as much as 6.3% in late trading, the shares settled down to a decline of about 1.7%.
• The company expects a steep drop in fourth-quarter sales in China - a key revenue generator -...
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RECAP
Stocks were drifting higher on Wednesday ahead of the Thanksgiving holiday Thursday and the annual Black Friday retail shopping spree, with activity decreasing as investors showed reluctance to place fresh bets ahead of a trading break. U.S. markets are closed Thursday, followed by an abbreviated trading session Friday.
The $Dow Jones Industrial Average (.DJI.US)$ added 184 points, or 0.53%, $S&P 500 Index (.SPX.US)$ went up 0...
Stocks were drifting higher on Wednesday ahead of the Thanksgiving holiday Thursday and the annual Black Friday retail shopping spree, with activity decreasing as investors showed reluctance to place fresh bets ahead of a trading break. U.S. markets are closed Thursday, followed by an abbreviated trading session Friday.
The $Dow Jones Industrial Average (.DJI.US)$ added 184 points, or 0.53%, $S&P 500 Index (.SPX.US)$ went up 0...
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During August , there were 2 proposed privatizations happened in Bursa Malaysia.
Apart from the privatization offer of $BPLANT (5254.MY)$ from $KLK (2445.MY)$ , there was also another “look-like-a-yes” deal from $SIME (4197.MY)$ ‘s proposed offer for $UMW (4588.MY)$
While the privatization offer of UMW is seemed like more firm and certain in a way that both of them are sharing a common major shareholder whoch is Permodalan Nasional Berhad (PNB).
PNB’s motive and plan to sea...
Apart from the privatization offer of $BPLANT (5254.MY)$ from $KLK (2445.MY)$ , there was also another “look-like-a-yes” deal from $SIME (4197.MY)$ ‘s proposed offer for $UMW (4588.MY)$
While the privatization offer of UMW is seemed like more firm and certain in a way that both of them are sharing a common major shareholder whoch is Permodalan Nasional Berhad (PNB).
PNB’s motive and plan to sea...
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$TOPGLOV (7113.MY)$ has just released it’s latest quarterly report , the revenue continue to drop due to lower volume of sales and selling prices. It is also noteworthy that there were impairments made on assets and goodwill due to the rationalisation exercise for the company’s operation, amounting to RM 389 mil .
Nevertheless, the “actual” performance actually improved to a loss of RM 65 mil , due to better cost structure and cost management .
While the local ...
Nevertheless, the “actual” performance actually improved to a loss of RM 65 mil , due to better cost structure and cost management .
While the local ...
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The majority of second-quarter earnings season is over, with a handful of major technology and retail names left to report this week. Economists will be focused on any news from an annual gathering of monetary policy thinkers and practitioners in Jackson Hole, Wyoming.
$Lowe's Companies (LOW.US)$ will report on Tuesday, followed by Wednesday: $NVIDIA (NVDA.US)$, is on the schedule. On Thursday, $Dollar Tree (DLTR.US)$, ...
$Lowe's Companies (LOW.US)$ will report on Tuesday, followed by Wednesday: $NVIDIA (NVDA.US)$, is on the schedule. On Thursday, $Dollar Tree (DLTR.US)$, ...
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$ON Semiconductor (ON.US)$ $ON Semiconductor (ON.US)$
ON Semi has been deploying in the automotive business for many years. In Q1 23, the automotive business grew by 38%, accounting for 50% of the total business. The moderator is still very bullish on electric vehicles, and it's time for the Malaysian automotive technology stocks to shine in the second half of the year. PENTA, the highest market cap of the top 10 technology companies in Malaysia, also has a share of over 50% in autos, so its stock price broke the 52-week high early this year.
In the second half of the year, bullish on Malaysian technology stocks.
ON Semi has been deploying in the automotive business for many years. In Q1 23, the automotive business grew by 38%, accounting for 50% of the total business. The moderator is still very bullish on electric vehicles, and it's time for the Malaysian automotive technology stocks to shine in the second half of the year. PENTA, the highest market cap of the top 10 technology companies in Malaysia, also has a share of over 50% in autos, so its stock price broke the 52-week high early this year.
In the second half of the year, bullish on Malaysian technology stocks.
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NVIDIA had earlier predicted a surge in demand for its data center chips, which are critical for running generative AI technologies. According to Goldman Sachs analysts, this "step change" in projected chip demand suggests that Nvidia is poised for explosive growth driven by the "rise and spread of generative AI".
As a result, they raised their revenue and non-GAAP EPS forecasts for Nvidia's fiscal years 2025-2026, citing significant growth...
As a result, they raised their revenue and non-GAAP EPS forecasts for Nvidia's fiscal years 2025-2026, citing significant growth...
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