$INTC.US$'s rally to the highest since April unleased bearish positions on the stock, spurring heavy optionstrading for the chipmaker.
On Monday, as the stock sealed a five-day gain of more than 10%, the number of shares that were sold short more than doubled to 9.69 million from a week earlier, exchange data tracked by moomoo showed. That's almost 12% of the total volume.
Investors and speculators are shorting the sto...

$ORCL.US$ shares climbed to a record Wednesday, helping boost the appeal of its stock options amid expectations that the cloud software provider could benefit from increasing demand from artificial intelligence applications.  
On Tuesday, Oracle Chairman Larry Ellison said he expects the company's cooperation with $MSFT.US$ to "turbocharge" its cloud data base growth. He also said the Oracle database could ...

After the long weekend, the markets experienced some hidden volatility. While the Nasdaq 100 $QQQ.US$ and S&P 500 $SPY.US$ seemed fairly calm, with increases of 0.37% and 0.07% respectively, their equal-weight counterparts $RSP.US$ tell a different story, showing notable declines of -0.68% and -0.69%. This shows a significant difference in market behavior depending on the focu...

$AAPL.US$ has just unveiled 2 new ipads! Here’s a quick summary on the products:
iPad Air (redesigned 11-inch and a new 13-inch)
M2 Chip: Both models are equipped with the powerful M2 chip, enhancing performance and AI capabilities.
Display: Features include a Liquid Retina display with True Tone technology and support for P3 wide color.
Camera Enhancements:
- Landscape front-facing Ultra Wide 12MP camera with Center Stage technology.
-  High-resolution 12MP ...

$FRONTKN.MY$
#油气科技双引擎
#手握现金坐等良机收购
There are no companies directly benefiting from AI in Malaysia, but there are a few that benefit indirectly. One of them is FRONTKN because its main customers are Taiwan's Huguo Kamiyama TSMC. One of TSMC's customers is AI, NVIDIA, so FRONTKN's service for TSMC also serves NVIDIA indirectly. This statement is a bit ridiculous, but the stock price is the best proof. FRONTKN rose 26% this year (although FY23's profit fell 9.2%), and TSMC, a major customer, rose 41.5%.
In addition to the recovery of the technology business in 2024, the oil and gas business also accounts for 20% of the business. Therefore, our main customer, PETRONAS, continues to increase CAPEX this year, and FRONTKN will have another busy year.
Technology + Energy Oil & Gas = Growing 2024
In 2021 and 2022, FRONTKN bought land and built a new plant in Kaohsiung, Taiwan to meet the needs of major customers. Although 2023 is a downward cycle, previous expansions can finally contribute to 2024.
As CAPEX in 2022 came to an end, CAPEX in 2023 only spent RM15.1 mil and paid RM40.845 mil in dividends, which did not cost much money. As a result, after surviving in 2023, Net Cash will break through R...

Mandarin version
The latest corporate trends from CAPITALA and AX,
The most detailed and easy-to-understand explanation on the entire network
$AAX.MY$ $CAPITALA.MY$

Morning mooers! It is Wednesday, April 23rd, and the market is open and reaching for the green, but by the numbers, most equities are red. My name is Kevin Travers, and here are your morning moovers today:
MOOVERS
$Tesla (TSLA.US)$ climbed 11% after its Tuesday night earnings showed EPS and revenue lower by $2B than expected. During the firm's earnings call, Tesla Chief Elon Musk said they would announce a robotaxi app on Aug 8th.
$Old Dominion Freight Line (ODFL.US)$ was the l...