stephen666
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stephen666
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$SNS (0259.MY)$ Within a month , will reach 10th floor
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stephen666
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Morning mooers! It is Thursday June 13th The market was lower overall after the S&p 500 and Nasdaq hit three sessions of records this week.
My name is Kevin Travers, here are stories from the herd on Wall Street today.
there wwre people on the roof today!
$Dave & Buster's Entertainment (PLAY.US)$ fell 11% after the company reported first-quarter revenue of $588 million, falling short of the expectations.
$Tesla (TSLA.US)$ c...
My name is Kevin Travers, here are stories from the herd on Wall Street today.
there wwre people on the roof today!
$Dave & Buster's Entertainment (PLAY.US)$ fell 11% after the company reported first-quarter revenue of $588 million, falling short of the expectations.
$Tesla (TSLA.US)$ c...
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stephen666
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Today, glove stocks once again become the most handsome guys on the market.
The main reason is that the United States has escalated the trade war to a new level.
Yesterday evening,
The White House announced the latest round of import tariffs on Chinese products, significantly increasing the import tariffs on specific products from China. The products involved are as follows:
1. Steel and aluminum (increasing from 0-7.5% to 25% in 2024)
2. Semiconductors (increasing from 25% to 50% in 2025)
3. Electric vehicles (increasing from 25% to 100% in 2024)
4. Lithium-ion batteries (increasing from 7.5% to 25% in 2024)
5. Electric vehicle battery components (increasing from 7.5% to 25% in 2024)
6. Solar energy batteries (increasing from 25% to 50% in 2024)
10. Medical injectors and needles (increasing from 0% to 50% in 2024)
7. Personal protective equipment, including certain respirators and masks (increasing from 0-7.5% to 25% in 2024)
8. Rubber medical and surgical gloves (increasing from 7.5% to 25% in 2026)
This measure,
Besides nominally encouraging the localization of American products,
is also expected to make American importers,
Shift the source of imported products to Southeast Asian countries / countries in South America.
In concept,
The areas of the Malaysian stock market that benefit are as follows:
1. Aluminum alloy product manufacturers (extrusion/casting)
$LBALUM (9326.MY)$ $PA (7225.MY)$ $PMETAL (8869.MY)$
The main reason is that the United States has escalated the trade war to a new level.
Yesterday evening,
The White House announced the latest round of import tariffs on Chinese products, significantly increasing the import tariffs on specific products from China. The products involved are as follows:
1. Steel and aluminum (increasing from 0-7.5% to 25% in 2024)
2. Semiconductors (increasing from 25% to 50% in 2025)
3. Electric vehicles (increasing from 25% to 100% in 2024)
4. Lithium-ion batteries (increasing from 7.5% to 25% in 2024)
5. Electric vehicle battery components (increasing from 7.5% to 25% in 2024)
6. Solar energy batteries (increasing from 25% to 50% in 2024)
10. Medical injectors and needles (increasing from 0% to 50% in 2024)
7. Personal protective equipment, including certain respirators and masks (increasing from 0-7.5% to 25% in 2024)
8. Rubber medical and surgical gloves (increasing from 7.5% to 25% in 2026)
This measure,
Besides nominally encouraging the localization of American products,
is also expected to make American importers,
Shift the source of imported products to Southeast Asian countries / countries in South America.
In concept,
The areas of the Malaysian stock market that benefit are as follows:
1. Aluminum alloy product manufacturers (extrusion/casting)
$LBALUM (9326.MY)$ $PA (7225.MY)$ $PMETAL (8869.MY)$
stephen666 : Yes, the company is at a loss