gooman

gooman | Joined since 2017-01-13

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1 week ago | Report Abuse

China’s semiconductor sales jump 24.2% in May; US-led crackdown can’t stop nation’s chip industry development
https://www.globaltimes.cn/page/202407/1315634.shtml

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1 week ago | Report Abuse

China’s semiconductor sales jump 24.2% in May; US-led crackdown can’t stop nation’s chip industry development
https://www.globaltimes.cn/page/202407/1315634.shtml

Stock

1 week ago | Report Abuse

Singapore Stocks Head for Six-Year High on Earnings Potential

Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July

Stock

1 week ago | Report Abuse

Singapore Stocks Head for Six-Year High on Earnings Potential

Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July
https://www.bloomberg.com/news/articles/2024-07-10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes

Stock

1 week ago | Report Abuse

Singapore Stocks Head for Six-Year High on Earnings Potential

Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July
https://www.bloomberg.com/news/articles/2024-07-10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes

Stock

1 week ago | Report Abuse

Singapore Stocks Head for Six-Year High on Earnings Potential

Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July
https://www.bloomberg.com/news/articles/2024-07-10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes

Stock

2 weeks ago | Report Abuse

Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half

Survey shows an investor preference for the region’s EM giants
Strategists see Asian equities outperforming US to year-end

Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes.

About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the next six months. A similar number picked India as their top bet while Japan was a distant third.

https://www.bloomberg.com/news/articles/2024-07-06/chinese-indian-stocks-favored-over-japan-in-asia-s-second-half?embedded-checkout=true

Stock

2 weeks ago | Report Abuse

Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half

Survey shows an investor preference for the region’s EM giants
Strategists see Asian equities outperforming US to year-end

Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes.

About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the next six months. A similar number picked India as their top bet while Japan was a distant third.

https://www.bloomberg.com/news/articles/2024-07-06/chinese-indian-stocks-favored-over-japan-in-asia-s-second-half?embedded-checkout=true



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2 weeks ago | Report Abuse

The S&P 500 rose to a new high on Friday, posting a record close as the latest jobs report reignited hopes for rate cuts from the Federal Reserve.

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2 weeks ago | Report Abuse

S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes: Live updates
https://www.cnbc.com/amp/2024/07/04/stock-market-today-live-updates.html

Stock

2 weeks ago | Report Abuse

S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes: Live updates
https://www.cnbc.com/amp/2024/07/04/stock-market-today-live-updates.html

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2 weeks ago | Report Abuse

According to its financial guidance announced on July 5th, the semiconductor giant projects its operating profit to grow more than 15-fold YoY to 10.4 trillion won (USD 7.5 billion) in its preliminary results for the April-June quarter, outstripping market expectations.

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2 weeks ago | Report Abuse

PHLX Semiconductor index was up 1.92 percent yesterday.

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2 weeks ago | Report Abuse

PHLX Semiconductor index was up 1.92 percent yesterday.

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2 weeks ago | Report Abuse

Kenanga stays 'overweight' on technology sector, sees improving order visibility
https://theedgemalaysia.com/node/717664

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2 weeks ago | Report Abuse

Kenanga stays 'overweight' on technology sector, sees improving order visibility
https://theedgemalaysia.com/node/717664

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2 weeks ago | Report Abuse

Fed’s Goolsbee Says Policymakers Should Prepare for Rate Cuts

Goolsbee sees inflation on “a path to 2%”, warns on employment
Holding rates as inflation falls is a decision to tighten
https://www.bloomberg.com/news/articles/2024-07-02/fed-s-goolsbee-says-policymakers-should-prepare-for-rate-cuts

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3 weeks ago | Report Abuse

Morgan Stanley Turns Bullish on Chinese Banks as Risks Subside

Policy moves will boost mortgages, margins, analyst says
Industrial upgrades paying off, aiding shift from property
https://www.bloomberg.com/news/articles/2024-06-28/morgan-stanley-turns-bullish-on-chinese-banks-as-risks-subside?embedded-checkout=true

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1 month ago | Report Abuse

Computer Industry Joins NVIDIA to Build AI Factories and Data Centers for the Next Industrial Revolution
https://nvidianews.nvidia.com/news/computer-industry-ai-factories-data-centers

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1 month ago | Report Abuse

MAA: Malaysia's new vehicle sales up 21% in April

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1 month ago | Report Abuse

AI is driving a global boom in data center construction!

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1 month ago | Report Abuse

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

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1 month ago | Report Abuse

Zafrul: ByteDance planning RM10b investment to make Malaysia a regional AI hub

Taking into consideration future requirements, Tengku Zafrul said, the company also plans to expand the data centre facility with an additional investment of RM1.5 billion.

ByteDance plans to invest in AI to turn Malaysia into an regional AI hub with a proposed investment of about RM10 bil - https://theedgemalaysia.com/node/714621


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1 month ago | Report Abuse

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

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1 month ago | Report Abuse

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

Stock

1 month ago | Report Abuse

China’s Exports Surge More Than Expected in Economic Boost

Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy

Stock

1 month ago | Report Abuse

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

Stock

1 month ago | Report Abuse

TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

AI is driving a global boom in data center construction
TSMC is the biggest chipmaker to both Apple and Nvidia
https://www.bloomberg.com/news/articles/2024-06-07/tsmc-s-may-sales-rise-30-as-countries-race-to-secure-ai-chips

Stock

1 month ago | Report Abuse

European Central Bank cuts main interest rate by 0.25 points
ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England

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1 month ago | Report Abuse

European Central Bank cuts main interest rate by 0.25 points
ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England

Stock

1 month ago | Report Abuse

China’s Big Chip Fund to Exceed $47.5 Billion Goal, Adviser Says

The investment vehicle operates under longer 10-year timeframe
Beijing is trying to build a world-class semiconductor sector
https://www.bloomberg.com/news/articles/2024-06-06/china-s-big-chip-fund-to-exceed-47-5-billion-goal-adviser-says