$Apple (AAPL.US)$
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Apple is set to unveil the iPhone 16 lineup at the Steve Jobs Theater in Apple Park. Under the tagline "It's Glowtime," this event promises exciting new features, including the introduction of Apple's AI-powered suite, Apple Intelligence, and possibly the debut of the Apple Watch Series 10 with a larger screen and ne...

The recovery momentum of the Malaysian glove industry is gradually improving, market experts believe that this is a good opportunity to accumulate glove stocks, and specifically mentioned the high-yield Chen Pi Industry and Hershey. $KOSSAN (7153.MY)$ and Hershey. $HARTA (5168.MY)$
The research report by Volkswagen Investment Bank on Monday indicated a good sign of recovery in the glove industry, as both product sales and average selling prices are rising, which will all be drivers of revenue growth for industry players.
In the latest quarterly performance, the glove industry players we are focusing on all saw an increase in product sales, leading to a sequential revenue growth.
According to data from the Department of Statistics Malaysia (DOSM), our country's glove exports grew by 14% year-on-year in the first half of the year, while production volume increased by 6% year-on-year. Therefore, analysts predict that overall glove sales will continue to rise.
Despite the losses incurred by Top Glove $TOPGLOV (7113.MY)$ still incurring losses, but Hartalega and Kossan Rubber Industries respectively recorded core net profits of 36.7 million ringgit and 26.8 million ringgit.
Better pricing position.
"We understand that the average selling price for every 1000 gloves fluctuates between 20 to 21 US dollars, slightly higher than the 17 to 18 US dollars at which Chinese industry players sell."
The analyst continued, as customer inventories are depleted, they are more willing to accept price increases, which narrows the price gap between Malaysian and Chinese players, indicating that market price competition will become more intense.
However, we are bullish on Malaysian industry players being able to continue raising their average...

$TECHBND (5289.MY)$
climb stair now huh

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TGIF Moo-ers! As we enter into the weekend, it’s time to take stock of what has been a whirlwind week. From the ‘Trump Trade’ to a rotation out of tech to a selloff in the three major US stock indexes, concerns appear to be growing around the longevity of the current bull market run.
The CBOE Market Volatility I...

$JFTECH (0146.MY)$
Looking pretty bearish for JFTECH after breaking 0.92- 0.95 crucial support zone. Likely more downside to come, and chances to retest 0.8 is high. Be cautious as this stock could continue go down unless it reclaim the 0.92-0.95 price zone.
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As June arrives, a review of the first half of 2024 reveals that the U.S. stock market has been on a remarkable upward trajectory. By June 17, both the $NASDAQ 100 Index (.NDX.US)$ and $S&P 500 Index (.SPX.US)$ had repeatedly set new all-time highs, while the $Dow Jones Industrial Average (.DJI.US)$ briefly surged past the 40,000-point milestone. Notably, the S&P 500 notched its 30th new high of the year just last night.
From a sector performanc...

It is Wednesday May 15th, Meme stocks are pulling back after a two day rush, but the S&P 500 and Nasdaq hit record highs after April inflaiton data came in low.
My name is Kevin Travers, here are updates on WallStreetBets Stocks, and stories about the moving market today. $GameStop (GME.US)$ pulled back 30%, after a 60% Tuesday rally, and a 296% rally for the past five days.
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