Facebook, Inc. (NASDAQ:FB) soared in after-hours trading despite unresolved privacy business with the FTC

Facebook, Inc. (NASDAQ:FB) soared in after-hours trading despite unresolved privacy business with the FTC

Facebook, Inc. (NASDAQ:FB) soared in after-hours trading despite unresolved privacy business with the FTC The litany of challenging news does not appear to have harmed Facebook’s stock. While it has been languishing, FB has risen more than 50% off its December lows. FB has tripled over the past five years, and the company carries a $474 billion […]

United States Oil (USO) dipped as record U.S. output and rising crude stockpiles dampened the impact on markets of tighter U.S. sanctions

United States Oil (USO) dipped as record U.S. output and rising crude stockpiles dampened the impact on markets of tighter U.S. sanctions

United States Oil (USO) dipped as record U.S. output and rising crude stockpiles dampened the impact on markets of tighter U.S. sanctions Oil prices dipped on Thursday as record U.S. output and rising crude stockpiles dampened the impact on markets of tighter U.S. sanctions on Iran and producer club OPEC’s continued curbs on supply. Brent […]

Apple Inc. (NASDAQ:AAPL) seems to be bucking the bears

Apple Inc. (NASDAQ:AAPL) seems to be bucking the bears

Apple Inc. (NASDAQ:AAPL) seems to be bucking the bears The stock has been trading well above Wall Street’s average price target of $197.7, settling at $207 on Tuesday after gaining more than 1%. Still, Wall Street analysts are the most bearish they have been on the stock in years, with 16 buy ratings, 14 hold […]

Bitcoin: USD/BTC (BTC=X) Fails to Find Support at $5,600

Bitcoin: USD/BTC (BTC=X) Fails to Find Support at $5,600

Bitcoin: USD/BTC (BTC=X) Fails to Find Support at $5,600 At the time of writing Bitcoin is trading down roughly 2% at its current price of $5,490. On Monday, Bitcoin incurred a relatively large amount of buying pressure that pushed its price to the mid-$5,600 region, at which point it faced increased selling pressure that drove its price […]

Alphabet Inc. (NASDAQ:GOOG) regulatory troubles continue

Alphabet Inc. (NASDAQ:GOOG) regulatory troubles continue

Alphabet Inc. (NASDAQ:GOOG) regulatory troubles continue Last year was a tough one for Google parentAlphabet (NASDAQ:GOOGL) (NASDAQ:GOOG). The stock couldn’t seem to get any momentum and ended the year barely breaking even. But shares have gained 22% so far this year, and the company is trying to build on that momentum. Regulatory headaches, however, keep coming back […]

What to Expect from Amazon.com, Inc. (NASDAQ:AMZN) Q1 2019 Earnings Results

What to Expect from Amazon.com, Inc. (NASDAQ:AMZN) Q1 2019 Earnings Results

What to Expect from Amazon.com, Inc. (NASDAQ:AMZN) Q1 2019 Earnings Results Amazon AMZN saw its stock price dip roughly 1% during regular trading hours on Wednesday, just one day before the firm is scheduled to release its first-quarter fiscal 2019 financial results. Despite the slip, shares of Amazon have soared in 2019, along with Facebook […]

Dow Jones Industrial Average (.DJI) Cringes as Hillary Clinton Exposes ‘Roadmap’ to Impeach Trump

Dow Jones Industrial Average (.DJI) Cringes as Hillary Clinton Exposes ‘Roadmap’ to Impeach Trump

Dow Jones Industrial Average (.DJI) Cringes as Crooked Hillary Clinton Exposes ‘Roadmap’ to Impeach Trump The Dow stumbled on Wednesday, as the stock market bellwether failed to join its peers in record territory after Hillary Clinton exposed a “roadmap” that she believes Democrats can utilize to impeach President Trump. DOW FLINCHES AFTER S&P 500 AND […]

Annual Report on Form 20-F for Fiscal Year 2018 of Aluminum Corporation of China Limited Now Available

Annual Report on Form 20-F for Fiscal Year 2018 of Aluminum Corporation of China Limited Now Available

Annual Report on Form 20-F for Fiscal Year 2018 of Aluminum Corporation of China Limited Now Available Aluminum Corporation of China Limited (the “Company”; NYSE “ACH”; SEHK “2600”; SSE “601600”) announces that the Company’s annual report for the 2018 fiscal year filed with the SEC on April 24, 2019 can be accessed via the following […]

Twitter, Inc. (NYSE:TWTR) stock has been given a 15% boost as the company reports a positive growth in revenue

Twitter, Inc. (NYSE:TWTR) stock has been given a 15% boost as the company reports a positive growth in revenue

Twitter, Inc. (NYSE:TWTR) stock has been given a 15% boost as the company reports a positive growth in revenue Twitter stock has been given a 15% boost as the company reports a positive growth in revenue and monetisable daily active users (mDAU) for its Q1 earnings. The report, which frequently referenced Twitter’s efforts to create a […]

NASDAQ Composite (.IXIC) investors were digesting a mixed bag of reports

NASDAQ Composite (.IXIC) investors were digesting a mixed bag of reports

NASDAQ Composite (.IXIC) investors were digesting a mixed bag of reports The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports. Energy stocks were the biggest drag on the S&P 500 […]

Tesla, Inc. (NASDAQ:TSLA) misses big on first-quarter earnings

Tesla, Inc. (NASDAQ:TSLA) misses big on first-quarter earnings

Tesla, Inc. (NASDAQ:TSLA) misses big on first-quarter earnings Tesla reported a wider-than-expected loss and less revenue than anticipated during the first quarter as demand for its electric cars waned after the company lost a valuable tax credit for buyers on Jan. 1. Executives braced investors for another loss in the second quarter before returning to […]

Hong Kong: HANG SENG INDEX (.HSI) slip amid concerns over China stimulus pace

Hong Kong: HANG SENG INDEX (.HSI) slip amid concerns over China stimulus pace

Hong Kong: HANG SENG INDEX (.HSI) slip amid concerns over China stimulus pace Asian markets saw a mixed day on Wednesday, as fresh all-time closing highs for the S&P 500 and Nasdaq vied for investor attention with concerns China will slow its pace of economic stimulus. Japan’s Nikkei NIK, -0.27% closed down 0.3%. Hong Kong’s […]

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years Shares may have hit their highest level in 11 years but analysts say the rally, which has seen the benchmark S&P/ASX 200 index rocket 16 per cent from its December lows, may have more legs. The S&P/ASX 200 rose 62.7 points, or 1 per […]

Facebook, Inc. (NASDAQ:FB) stock is in a win-win situation heading into FB’s earnings

Facebook, Inc. (NASDAQ:FB) stock is in a win-win situation heading into FB’s earnings

Facebook, Inc. (NASDAQ:FB) stock is in a win-win situation heading into FB’s earnings Facebook (NASDAQ:FB) is scheduled to report its second-quarter earnings tomorrow. Given the bumpy ride that FB stock has endured over the past year, investors are understandably nervous heading into this earnings report. After FB endured more bad press, including the tragic New Zealand […]

Twitter, Inc. (NYSE:TWTR) A good time to sell

Twitter, Inc. (NYSE:TWTR) A good time to sell

Twitter, Inc. (NYSE:TWTR) A good time to sell Twitter’s first-quarter earnings and user growth were wildly unexpected. These numbers represent a surprise aberration from Twitter’s own expected future growth. Its long-term revenue outlook remains as weak as it was this Spring. Any user growth at all, much less robust user growth as unsustainable as last quarter, is […]

NASDAQ Composite (.IXIC) reaches historical high

NASDAQ Composite (.IXIC) reaches historical high

NASDAQ Composite (.IXIC) reaches historical high Tuesday’s session closes with the NASDAQ Composite Index reaching a historical high. The index closed at 8,120.82 up 105.55 for the day. The index had a previous high 8109.68735 on 08/29/2018. The total shares traded for the NASDAQ was over 2.15 billion. Advancers stocks led declining by 2.78 to […]

Tesla, Inc. (NASDAQ:TSLA) investors are keyed in on slowing demand and diminishing cash on the balance sheet

Tesla, Inc. (NASDAQ:TSLA) investors are keyed in on slowing demand and diminishing cash on the balance sheet

Tesla, Inc. (NASDAQ:TSLA) investors are keyed in on slowing demand and diminishing cash on the balance sheet Tesla’s electric-vehicle, solar energy and battery-storage businesses tick off big sustainability themes in the era of climate change. That has attracted a passionate base of consumers, as well as social media supporters. Elon Musk has 25 million followers […]

Bitcoin: USD/BTC (BTC=X) Strong Resistance Exists Around $5,800

Bitcoin: USD/BTC (BTC=X) Strong Resistance Exists Around $5,800

Bitcoin: USD/BTC (BTC=X) Strong Resistance Exists Around $5,800 Despite being caught in a bout of sideways trading yesterday, Bitcoin has been able to maintain its upwards momentum and has now surged above the $5,600 level. This upwards momentum has so far been relatively isolated to BTC, as most other cryptocurrencies have not yet surged. Although […]

Dow Jones Industrial Average (.DJI) Rallies towards record highs

Dow Jones Industrial Average (.DJI) Rallies towards record highs

Dow Jones Industrial Average (.DJI) Rallies towards record highs Just ahead of the closing bell, the Dow Jones Industrial Average had raced to a 123.91 point or 0.47 percent increase, launching the index to 26,634.96. In just five months, the DJIA has surged by a breathtaking 22 percent. The move came as President Trump took a victory lap […]

Valuing Alibaba Group Holding Limited (NYSE:BABA) Stock

Valuing Alibaba Group Holding Limited (NYSE:BABA) Stock

Valuing Alibaba Group Holding Limited (NYSE:BABA) Stock At least when compared to FAANG stocks, BABA stock quietly sports a massive market cap, weighing in at roughly $480 billion. Unlike some blue-chip tech stocks, Alibaba doesn’t pay a dividend, but with its balance sheet, it could if management so chose. Alibaba has almost $32 billion in […]

United States Oil (USO) US secretary of state Mike Pompeo tells the world to ‘err on the side of caution’ over buying oil from Iran

United States Oil (USO)  US secretary of state Mike Pompeo tells the world to ‘err on the side of caution’ over buying oil from Iran

United States Oil (USO) US secretary of state Mike Pompeo tells the world to ‘err on the side of caution’ over buying oil from Iran Oil prices surged to their highest level in six months on global commodity markets after the US said it would take a harder line against countries that breach its oil […]

Alphabet Inc. (NASDAQ:GOOG) First Drone Delivery Seen This Year

Alphabet Inc. (NASDAQ:GOOG) First Drone Delivery Seen This Year

Alphabet Inc. (NASDAQ:GOOG) First Drone Delivery Seen This Year Drone delivery is a step closer to reality after Wing, a unit of Google parent Alphabet (GOOGL), received government approval as an airline. Wing Aviation has been given the same certifications smaller airlines receive from the U.S. Federal Aviation Administration and the Department of Transportation, according […]

The headwinds facing Apple Inc. (NASDAQ:AAPL) stock will come back into focus after AAPL reports its Q2 results

The headwinds facing Apple Inc. (NASDAQ:AAPL) stock will come back into focus after AAPL reports its Q2 results

The headwinds facing Apple Inc. (NASDAQ:AAPL) stock will come back into focus after AAPL reports its Q2 results Apple (NASDAQ:AAPL) stock has rallied over the past month on irrational exuberance about the company’s upcoming streaming offering. The exuberance is irrational because, as I explained in a previous column, there are many reasons why Apple’s streaming offering is […]

Fusion Expands Presence in Central Vietnam with Fusion Resort Quang Binh

Fusion Expands Presence in Central Vietnam with Fusion Resort Quang Binh

Fusion Expands Presence in Central Vietnam with Fusion Resort Quang Binh Fusion Resort Quang Binh is scheduled to open in the second quarter of 2020 HO CHI MINH CITY, Vietnam (April 24, 2019) – The wellness-inspired resort and hotel chain Fusion has announced that it will bring a Fusion to the oceanside of Bao Ninh Beach, […]

Top-tier DApp Blockchain Platforms ETH, EOS, ONT, and BNB Now All Supported on Infinito Wallet

Top-tier DApp Blockchain Platforms ETH, EOS, ONT, and BNB Now All Supported on Infinito Wallet

Top-tier DApp Blockchain Platforms ETH, EOS, ONT, and BNB Now All Supported on Infinito Wallet Decentralized application is one of the key trends of blockchain community. To connect this innovation with global user community, the world leading Universal Wallet scales up their App Square, making it the world’s most universal DApp browser compatible with four […]

VELESTO ENERGY BERHAD (5243:KL) earnings still volatile despite new Petronas contracts

VELESTO ENERGY BERHAD (5243:KL) earnings still volatile despite new Petronas contracts

VELESTO ENERGY BERHAD (5243:KL) earnings still volatile despite new Petronas contracts Shayne Heffernan, CEO and Founder of Heffx remains cautious on Velesto Energy Bhd’s (Velesto Energy) performance despite securing four fresh jack-up rig charters worth US$105 million (RM432 million), which have tenures of 1 year with 2 annual extension options, from Petronas Carigali. The contracts […]

UK FTSE 100 (.FTSE) MPs are back today after the Easter break and cross-party Brexit talks resume

UK FTSE 100 (.FTSE) MPs are back today after the Easter break and cross-party Brexit talks resume

UK FTSE 100 (.FTSE) MPs are back today after the Easter break and cross-party Brexit talks resume The FTSE 100 closed up 0.85 per cent, or 63.19 points, at 7,523.07, lifted by the likes of BP and Royal Dutch Shell, which benefited from rising oil prices.  Oil prices have continued to soar to more than […]

Japanese Yen: USD/JPY (JPY=X) signs of bullish reversal

Japanese Yen: USD/JPY (JPY=X) signs of bullish reversal

Japanese Yen: USD/JPY (JPY=X) signs of bullish reversal Intraday bias in USD/JPY remains neutral for the moment with focus on 112.13 key resistance. Decisive break there will resume whole rise from 104.69 for 100 % projection of 109.71 to 111.82 and 110.84 at 112.95 first. On the downside, firm break of 111.69 minor support will […]

Singapore: STI Index (.STI) focused on recent optimistic Chinese macroeconomic data

Singapore: STI Index (.STI) focused on recent optimistic Chinese macroeconomic data

Singapore: STI Index (.STI) focused on recent optimistic Chinese macroeconomic data Heffx CEO and Founder, Shayne Heffernan, said the Singapore market “seems focused on recent optimistic Chinese macroeconomic data and looking to a positive US Q1 gross domestic product reading on Friday”. The Straits Times Index (STI) added 10.12 points or 0.3 per cent to […]

Shanghai: SSE Composite Index (.SSEC) Change in Government Policy Pressuring Chinese Markets

Shanghai: SSE Composite Index (.SSEC) Change in Government Policy Pressuring Chinese Markets

Shanghai: SSE Composite Index (.SSEC) Change in Government Policy Pressuring Chinese Markets Mainland Chinese shares were lower for a second day on Tuesday as investors continued to react to a South China Morning Post report that Beijing could refocus on structural reforms instead of offering stimulus measures after last week’s first quarter GDP report showed […]

British Pound: USD/GBP (GBP=X) Brexit now returns to the agenda with expected volatility

British Pound: USD/GBP (GBP=X) Brexit now returns to the agenda with expected volatility

British Pound: USD/GBP (GBP=X) Brexit now returns to the agenda with expected volatility After the Easter recess Brexit now returns to the agenda with another round of volatility to be expected in these coming weeks. The pound to dollar exchange rate has struggled to gain momentum with rates falling below 1.30 for the GBP/USD pair. […]

Australian Dollar: USD/AUD (AUD=X) Support at 0.70

Australian Dollar: USD/AUD (AUD=X) Support at 0.70

Australian Dollar: USD/AUD (AUD=X) Support at 0.70 The Australian dollar fell significantly during the trading session on Tuesday, slicing through the 50 day EMA. Beyond that, we are testing the 0.71 handle, but at the end of the day I’m a buyer of the Aussie dollar. I think that we will find support underneath, given enough […]

New Zealand Dollar: NZD/USD (NZD=X) volatility could be heightened

New Zealand Dollar: NZD/USD (NZD=X) volatility could be heightened

New Zealand Dollar: NZD/USD (NZD=X) volatility could be heightened In New Zealand, the RBNZ was quite clear last month when it said the next policy change by the central bank is likely to be a rate cut. Furthermore, last week’s CPI data served as proof that the economy is weakening. Therefore, justifying the rate cut. […]

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.15

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.15

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.15 May silver futures prices closed nearer the session low today. The silver bears have the overall near-term technical advantage. A two-month-old downtrend is in place on the daily bar chart. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance […]

Australia: S&P/ASX 200 (.AXJO) best session since 7 February

Australia: S&P/ASX 200 (.AXJO) best session since 7 February

Australia: S&P/ASX 200 (.AXJO) best session since 7 February The market closed 0.9 per cent higher at 6319 today, a rise of nearly 60 points. It is the best session since 7 February and puts the index within spitting distance of a fresh ten-year high. The last ten-year high was 6352 in August 2018. Altogether 157 […]

Hong Kong: HANG SENG INDEX (.HSI) retreats modestly, while energy companies’ stock gains

Hong Kong: HANG SENG INDEX (.HSI) retreats modestly, while energy companies’ stock gains

Hong Kong: HANG SENG INDEX (.HSI) retreats modestly, while energy companies’ stock gains Asian markets were largely down in early trading Tuesday as oil prices surged to nearly six-month highs after the U.S. said it would soon impose sanctions on all buyers of Iranian oil. Japan’s Nikkei NIK, +0.19% was off 0.2%, while Hong Kong’s […]

Gold 1 OZ (XAU=X) solid technical resistance at $1,300.00

Gold 1 OZ (XAU=X) solid technical resistance at $1,300.00

Gold 1 OZ (XAU=X) solid technical resistance at $1,300.00 Technically, June gold futures prices closed near mid-range today. The bears have the overall near-term technical advantage. A two-month-old downtrend line on the daily bar chart is in place. Gold bulls’ next upside near-term price breakout objective is to produce a close above solid technical resistance […]

Twitter, Inc. (NYSE:TWTR) Analysts expect the social media platform’s revenue to climb 16.5% to $775 million

Twitter, Inc. (NYSE:TWTR) Analysts expect the social media platform’s revenue to climb 16.5% to $775 million

Twitter, Inc. (NYSE:TWTR) Analysts expect the social media platform’s revenue to climb 16.5% to $775 million Wall Street expects Twitter earnings per share to fall 6% to 15 cents a share. Analysts expect the social media platform’s revenue to climb 16.5% to $775 million. Shayne Heffernan said he believed product additions and changes to the […]

Bitcoin: USD/BTC (BTC=X) starting to surge

Bitcoin: USD/BTC (BTC=X) starting to surge

Bitcoin: USD/BTC (BTC=X) starting to surge As the week progresses crypto markets are looking stronger. Bitcoin is pulling them all up as it breaks through resistance to form a new 2019 high. Market capitalization is ramping up to do the same as it surges upwards of $180 billion again. Bitcoin did what many had been […]

Dow Jones Industrial Average (.DJI) weighed by Boeing’s stock slump

Dow Jones Industrial Average (.DJI) weighed by Boeing’s stock slump

Dow Jones Industrial Average (.DJI) weighed by Boeing’s stock slump Two of the three main stock market indexes on Monday finished in positive territory as the energy sector rallied on the back of a surge in oil prices, but the Dow lagged behind its peers, weighed by shares of Boeing Co. BA, -1.29% The Dow […]

NASDAQ Composite (.IXIC) ends at 6-month high ahead of big-name earnings

NASDAQ Composite (.IXIC) ends at 6-month high ahead of big-name earnings

NASDAQ Composite (.IXIC) ends at 6-month high ahead of big-name earnings U.S. stocks closed mostly stronger Monday, with the tech-heavy Nasdaq finishing at a six-month high, as investors face a big week for corporate quarterly results and economic data following an extended holiday weekend. Investors were also monitoring a jump in crude-oil prices as the […]

Alphabet Inc. (NASDAQ:GOOG) A streaming breakthrough

Alphabet Inc. (NASDAQ:GOOG) A streaming breakthrough

Alphabet Inc. (NASDAQ:GOOG) A streaming breakthrough It appears the bitter rivals have agreed to cease hostilities — at least on one front. In a joint press release , Amazon and Google announced that they would “launch the official YouTube app on Amazon Fire TV devices and Fire TV Edition smart TVs, as well as the […]

Alibaba Group Holding Limited (NYSE:BABA) Oscar-Winning Studio

Alibaba Group Holding Limited (NYSE:BABA) Oscar-Winning Studio

Alibaba Group Holding Limited (NYSE:BABA) Oscar-Winning Studio When the Academy Awards were presented on 2/24/19, the movie “The Green Book” won three awards including best picture. “Green Book” has won 18 awards since it debuted last November, including three Golden Globe Awards. While a movie winning so many awards is impressive, what is particularly noteworthy […]

Facebook, Inc. (NASDAQ:FB) social media giant said it is hiring Jennifer Newstead as its general counsel

Facebook, Inc. (NASDAQ:FB) social media giant said it is hiring Jennifer Newstead as its general counsel

Facebook, Inc. (NASDAQ:FB) social media giant said it is hiring Jennifer Newstead as its general counsel Facebook shares rose slightly after the bell Monday after the social media giant said it is hiring Jennifer Newstead as its general counsel. Newstead, most recently the legal adviser to the U.S. State Department, is replacing Colin Stretch. Facebook also named […]

Apple Inc. (NASDAQ:AAPL) still has a hardware problem but investors don’t seem to care

Apple Inc. (NASDAQ:AAPL) still has a hardware problem but investors don’t seem to care

Apple Inc. (NASDAQ:AAPL) still has a hardware problem but investors don’t seem to care For a brief time late last year, it looked like the market was coming around to my long-held skepticism toward Apple (NASDAQ:AAPL). The shares fell sharply in the last three months of 2018. At the lows, AAPL stock had lost over one-third […]

United States Oil (USO) US crackdown on Iran exports

United States Oil (USO) US crackdown on Iran exports

United States Oil (USO) US crackdown on Iran exports US oil prices raced above US$65 (AUD$91) a barrel for the first time since October after the White House pledged to deepen its crackdown on Iran. The Trump administration vowed to bring Iran’s oil exports to “zero” by removing the waivers that previously allowed some countries […]

Elon Musk said he is “very confident” Tesla, Inc. (NASDAQ:TSLA) would be able to offer robotaxis next year

Elon Musk said he is “very confident” Tesla, Inc. (NASDAQ:TSLA) would be able to offer robotaxis next year

Elon Musk said he is “very confident” Tesla, Inc. (NASDAQ:TSLA) would be able to offer robotaxis next year Tesla CEO Elon Musk said that the company should have robotaxis on the roads in 2020. “I feel very confident predicting autonomous robotaxis for Tesla next year,” Musk said on stage at the Tesla Autonomy Investor Day […]

Beijing-based Luckin Coffee coming to America

Beijing-based Luckin Coffee coming to America

Beijing-based Luckin Coffee coming to America Starbucks big rival in China just announced plans to go public in the United States.Beijing-based Luckin Coffee said in a filing Monday night that it wants to sell shares on the Nasdaq as part of its ambitious expansion plans.Despite being barely 18 months old, Luckin has opened more than 2,300 outlets […]

2019 Formula 1 Monaco Grand Prix Tickets on Sale Now

2019 Formula 1 Monaco Grand Prix Tickets on Sale Now

Everything you need to know about the 2019 Formula One Championship in one place, from the F1 schedule through to detailed driver and team lists. What an intriguing year we have ahead in the Formula One. The off-season has seen some major driver changes, some key new partnerships between teams and engine suppliers, and a […]

Azerai Resort Can Tho Opens Spacious New Luxury Villas

Azerai Resort Can Tho Opens Spacious New Luxury Villas

Azerai Resort Can Tho is raising the bar in luxury accommodation on Vietnam’s Mekong Delta with the opening of four new spacious villas that offer premium upgrade opportunities for privacy, comfort and personal service. The new 3-bedroom, 4-bedroom and 5-bedroom villas were built as a complement to the year-old resort’s 60 rooms, each of which […]

TASEK CORPORATION BHD (TKCS:KL) surges 12.8% from Bandar Malaysia development

TASEK CORPORATION BHD (TKCS:KL) surges 12.8% from Bandar Malaysia development

TASEK CORPORATION BHD (TKCS:KL) surges 12.8% from Bandar Malaysia development The revival of the Bandar Malaysia project, which came as a surprise to the market, sparked a fresh round of buying interest in construction and building materials stocks on Bursa Malaysia today. The construction index saw a jump of 16.52 points or 8.15% to 219.2 […]

Golfasian Globalizes Vietnam Golf Coast

Golfasian Globalizes Vietnam Golf Coast

Golfasian Globalizes Vietnam Golf Coast Destination marketing organization spearheaded by Laguna Golf Lang Co teams with awarded golf tour operator Golfasian LANG CO, Vietnam (April 18, 2019) – Asia’s leading golf tour company, Golfasian, has joined the push to promote Central Vietnam as one of the region’s foremost places for play. The Thailand and Vietnam-based […]

Fusion Expands Presence in Central Vietnam with Fusion Resort Quang Binh

Fusion Expands Presence in Central Vietnam with Fusion Resort Quang Binh

Fusion Expands Presence in Central Vietnam with Fusion Resort Quang Binh Fusion Resort Quang Binh is scheduled to open in the second quarter of 2020 HO CHI MINH CITY, Vietnam (April 9, 2019) – The wellness-inspired resort and hotel chain Fusion has announced this week that it will bring a Fusion to the oceanside of Bao […]

Mixed-to-Better News Can’t Save the Australian Dollar: USD/AUD (AUD=X)

Mixed-to-Better News Can’t Save the Australian Dollar: USD/AUD (AUD=X)

Mixed-to-Better News Can’t Save the Australian Dollar: USD/AUD (AUD=X) The Australian Dollar reacted to mixed economic news by posting a choppy, two-sided trade before setting lower for the week. The Aussie edged lower shortly after the Reserve Bank released the minutes of its April meeting that indicated a dovish tone in the policy review. The […]

Silver 1 OZ 999 NY (XAG=X) increased demand for solar panels causes silver prices to spike

Silver 1 OZ 999 NY (XAG=X) increased demand for solar panels causes silver prices to spike

Silver 1 OZ 999 NY (XAG=X) increased demand for solar panels causes silver prices to spike Researchers from Kent Business School published a paper this week in the journal Environmental Science and Pollution Research where they state that increased demand for solar panels causes silver prices to spike. The researchers say that if silver prices go way too high, […]

Shanghai: SSE Composite Index (.SSEC) fell from a 13-month high posting their worst session in nearly four weeks

Shanghai: SSE Composite Index (.SSEC) fell from a 13-month high posting their worst session in nearly four weeks

Shanghai: SSE Composite Index (.SSEC) fell from a 13-month high posting their worst session in nearly four weeks China stocks fell from a 13-month high on Monday, posting their worst session in nearly four weeks, as comments from top policymaking bodies raised investor fears that Beijing will slow the pace of policy easing after some […]

Canadian Dollar: USD/CAD (CAD=X) underpinned by a surge in oil prices

Canadian Dollar: USD/CAD (CAD=X) underpinned by a surge in oil prices

Canadian Dollar: USD/CAD (CAD=X) underpinned by a surge in oil prices USD/CAD has edged lower in the Monday session. In the North American session, the pair is trading at 1.3372, down 0.14% on the day. It’s a quiet start to the week, with no Canadian events. In the U.S., there is only one release. Existing […]

Gold 1 OZ (XAU=X) gaining further traction on higher crude rates

Gold 1 OZ (XAU=X) gaining further traction on higher crude rates

Gold 1 OZ (XAU=X) gaining further traction on higher crude rates Investors continue to cut their exposure to gold. Speculators switched to a net short position in COMEX gold in the week to April 16, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday. Also, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, […]

New Zealand Dollar: NZD/USD (NZD=X) Pressured by Weak CPI Data

New Zealand Dollar: NZD/USD (NZD=X) Pressured by Weak CPI Data

New Zealand Dollar: NZD/USD (NZD=X) Pressured by Weak CPI Data After opening the week steady, the New Zealand Dollar took a dive on Wednesday and never recovered, finishing near its low for the week. The catalyst behind the selling pressure was weaker-than-expected consumer inflation data. The bearish news was offset slightly and temporarily by positive […]

Euro: USD/EUR (EUR=X) gains traction and advances to the mid-1.1200s

Euro: USD/EUR (EUR=X) gains traction and advances to the mid-1.1200s

Euro: USD/EUR (EUR=X) gains traction and advances to the mid-1.1200s The Euro pair may find some upward space on the back of downbeat expected US data and crude upsurge. Investors look forward to April 23 as the UK parliament will reopen after the Easter Recess. In the near term, the bears seemed to remain under […]

Japanese Yen: USD/JPY (JPY=X) looks comfortable at its recent highs however and could well push on

Japanese Yen: USD/JPY (JPY=X) looks comfortable at its recent highs however and could well push on

Japanese Yen: USD/JPY (JPY=X) looks comfortable at its recent highs however and could well push on The Japanese Yen remains on the defensive against the US Dollar with USD/JPY still quite comfortable at two-month highs. Admittedly a bit of range trading has in the past few days replaced the more obvious uptrend on the daily chart. But long Easter holiday weekends […]

Twitter, Inc. (NYSE:TWTR) will report earnings this week

Twitter, Inc. (NYSE:TWTR) will report earnings this week

Twitter, Inc. (NYSE:TWTR) will report earnings this week Twitter will report earnings this week. The troubled social media company needs to show that it has restarted user growth and that it has become more of a mainstream advertising platform. Absent one of these shares are likely to sell off. The stock is up 14% in […]

British Pound: USD/GBP (GBP=X) break below 200-day required for bears to get going

British Pound: USD/GBP (GBP=X) break below 200-day required for bears to get going

British Pound: USD/GBP (GBP=X) break below 200-day required for bears to get going The Pound-to-U.S. Dollar rate is trading at 1.2993 at the start of the new week, with holiday-thinned Monday trade ensuring currency markets are witnessing low volatility. The exchange rate is however still about a half a percent lower than where it was […]

Bitcoin: USD/BTC (BTC=X) Could Still See A “Black Swan” Event

Bitcoin: USD/BTC (BTC=X) Could Still See A “Black Swan” Event

Bitcoin: USD/BTC (BTC=X) Could Still See A “Black Swan” Event In the eyes of analysts across the board, Bitcoin (BTC) decidedly bottomed at $3,150. They cite the fact that at $3,150, BTC was down 85% from its all-time highs, which is where the crypto asset has bottomed in previous cycles, coupled with the idea that […]

Microsoft Corporation (NASDAQ:MSFT) Reports after the close, Thursday, Apr. 25

Microsoft Corporation (NASDAQ:MSFT) Reports after the close, Thursday, Apr. 25

Microsoft Corporation (NASDAQ:MSFT) Reports after the close, Thursday, Apr. 25 Wall Street expects Microsoft to earn $1.00 per share on revenue of $29.84 billion. This compares to the year-ago quarter when earning were 95 cents per share on $26.82 billion in revenue. What to watch: Shares of Microsoft have risen nearly 13% over the past […]

United States Oil (USO) ongoing supply cuts led by producer club OPEC

United States Oil (USO) ongoing supply cuts led by producer club OPEC

United States Oil (USO) ongoing supply cuts led by producer club OPEC Oil prices rose early on Monday, with Brent hitting its highest level since November, driven up by a decline in U.S. drilling activity and ongoing supply cuts led by producer club OPEC. Brent crude futures were at a November 2018 high of $72.58 […]

Amazon.com, Inc. (NASDAQ:AMZN) Reports after the close, Thursday, Apr. 25

Amazon.com, Inc. (NASDAQ:AMZN) Reports after the close, Thursday, Apr. 25

Amazon.com, Inc. (NASDAQ:AMZN) Reports after the close, Thursday, Apr. 25 Wall Street expects Amazon to earn $4.72 per share on revenue of $59.65 billion. This compares to the year-ago quarter when earnings came to $3.27 per share on revenue of $51.04 billion. What to watch: Is there such a thing as growth fatigue at Amazon? […]

NASDAQ Composite (.IXIC) focus is going to continue to be on earnings

NASDAQ Composite (.IXIC) focus is going to continue to be on earnings

NASDAQ Composite (.IXIC) focus is going to continue to be on earnings Next week will go a long way in determining whether investors should be concerned about the dawning of an earnings recession or whether back-to-back quarters of negative growth can be avoided in what is the heaviest week for profit reporting by U.S. companies. […]

Tesla, Inc. (NASDAQ:TSLA) Reports after the close, Wednesday, Apr. 24

Tesla, Inc. (NASDAQ:TSLA) Reports after the close, Wednesday, Apr. 24

Tesla, Inc. (NASDAQ:TSLA) Reports after the close, Wednesday, Apr. 24 Wall Street expects Tesla to report a per-share loss of 69 cents on revenue of $5.33 billion. This compares to the year-ago quarter when the loss came to $3.35 per share on revenue of $3.41 billion. What to watch: Tesla stock has been under pressure […]

Alphabet Inc. (NASDAQ:GOOG) cloud computing wars are heating up

Alphabet Inc. (NASDAQ:GOOG) cloud computing wars are heating up

Alphabet Inc. (NASDAQ:GOOG) cloud computing wars are heating up In 2018, major technology companies began to seriously turn their attention to the cloud gaming industry. For example, in May last year, it became known that the company Electronic Arts (the largest distributor of video games in the US) bought a startup Gamefly, which just specializes […]

Facebook, Inc. (NASDAQ:FB) faces no existential threat under the current administration

Facebook, Inc. (NASDAQ:FB) faces no existential threat under the current administration

Facebook, Inc. (NASDAQ:FB) faces no existential threat under the current administration One company is having a hard time capturing U.S. regulators: Facebook. It’s the subject of federal criminal investigation in New York, and is reportedly facing a record multi-billion-dollar fine from the Federal Trade Commission for violating its users’ privacy. The latest: An NBC News […]

Shayne Heffernan on the Recession 2020

Shayne Heffernan on the Recession 2020

Shayne Heffernan on the Recession 2020 There has been much speculation recently in the press about the impending global crash and the inevitable fallout it will cause. The author analyses some of the reasons being given from some of the most well known economists around the world and has some more bad news for us […]

FTSE Bursa Malaysia KLCI (.KLSE) negative news flow dampening investor appetite

FTSE Bursa Malaysia KLCI (.KLSE) negative news flow dampening investor appetite

FTSE Bursa Malaysia KLCI (.KLSE) negative news flow dampening investor appetite Share prices continued their downward momentum on Bursa Malaysia this morning with trading remaining lacklustre. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.48 points easier at 1,615.42, after opening 3.23 points weaker at 1,617.67. On the broader market, decliners outpaced gainers 200 to 112, […]

Gold 1 OZ (XAU=X) solid resistance at $1,300.00

Gold 1 OZ (XAU=X) solid resistance at $1,300.00

Gold 1 OZ (XAU=X) solid resistance at $1,300.00 Technically, the gold bears have the overall near-term technical advantage. A downtrend line is in place on the daily bar chart. Bulls’ next upside price objective is to produce a close in June futures above solid resistance at $1,300.00. Bears’ next near-term downside price breakout objective is pushing […]

Japanese Yen: USD/JPY (JPY=X) rises back up to key level

Japanese Yen: USD/JPY (JPY=X) rises back up to key level

Japanese Yen: USD/JPY (JPY=X) rises back up to key level USD/JPY technicals are looking increasingly bullish despite key resistance placing a temporary cap on the uptrend. The 112.20-30 level is holding just as it did back in early March, yet at the same time the pair remains in an intact 4-week uptrend and the chart’s […]

Euro: USD/EUR (EUR=X) push-lower re-testing the 1.1250 level

Euro: USD/EUR (EUR=X) push-lower re-testing the 1.1250 level

Euro: USD/EUR (EUR=X) push-lower re-testing the 1.1250 level Tomorrow marks Good Friday, meaning many western markets will remain closed, and Monday brings Easter and will see European markets remain on holiday. But ahead of the long weekend FX markets are showing as much excitement as they have so far in Q2, marked by a strong […]

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.31

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.31

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.31 May silver futures bears have the overall near-term technical advantage. Prices are in a seven-week-old downtrend on the daily bar chart. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at the April high of $15.31 an ounce. The next […]

British Pound: USD/GBP (GBP=X) to struggle against the US Dollar until there is Brexit clarity

British Pound: USD/GBP (GBP=X) to struggle against the US Dollar until there is Brexit clarity

British Pound: USD/GBP (GBP=X) to struggle against the US Dollar until there is Brexit clarity One positive is that at least the extension removes the threat of a no-deal scenario for the time being but until there is some longer-term clarity, I fear the Pound could struggle to make any significant impact against the greenback. […]

Toga Limited (OTC:TOGL) Outlook

Toga Limited (OTC:TOGL) Outlook

Toga Limited (OTC:TOGL) Outlook Overall, the bias in prices is: Sideways. The projected upper bound is: 0.95. The projected lower bound is: 0.76. The projected closing price is: 0.85. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles and 6 black […]

Alphabet Inc. (NASDAQ:GOOG) expect the cheaper versions of Google’s Pixel 3 phones quite soon

Alphabet Inc. (NASDAQ:GOOG) expect the cheaper versions of Google’s Pixel 3 phones quite soon

Alphabet Inc. (NASDAQ:GOOG) expect the cheaper versions of Google’s Pixel 3 phones quite soon If Google’s own hint is anything to go by, we can expect the cheaper versions of Google’s Pixel 3 phones quite soon. There’s no guarantee, but May 7 appears to be the date Google will announce the “Pixel 3a,” as it’s […]

Ironclad Encryption Corporation (IRNC) Outlook

Ironclad Encryption Corporation (IRNC) Outlook

Ironclad Encryption Corporation (IRNC) Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.09. The projected lower bound is: 0.03. The projected closing price is: 0.06. Candlesticks A big white candle occurred. This is generally considered bullish, as prices closed significantly […]

GEX Management, Inc. (OTC:GXXM) Outlook

GEX Management, Inc. (OTC:GXXM) Outlook

GEX Management, Inc. (OTC:GXXM) Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.01. The projected lower bound is: -0.01. The projected closing price is: 0.00. Candlesticks A black body occurred (because prices closed lower than they opened). During the past […]

Tianci International, Inc. (OTC:CIIT) Outlook

Tianci International, Inc. (OTC:CIIT) Outlook

Tianci International, Inc. (OTC:CIIT) Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 1.67. The projected upper bound is: 3.26. The projected lower bound is: 1.84. The projected closing price is: 2.55. Candlesticks A black body […]

NASDAQ Composite (.IXIC) Rally Continues

NASDAQ Composite (.IXIC) Rally Continues

NASDAQ Composite (.IXIC) Rally Continues The Nasdaq Composite — one of the three major stock indexes of Wall Street — has been performing impressively so far in 2019. On Apr 16, the tech-laden index closed above 8,000 — a key technical threshold — for the first time after Oct 3, 2018. Positive news on the […]

Tesla, Inc. (NASDAQ:TSLA) is struggling in 2019

Tesla, Inc. (NASDAQ:TSLA) is struggling in 2019

Tesla, Inc. (NASDAQ:TSLA) is struggling in 2019 The glory days for Tesla (NASDAQ:TSLA) may be approaching an end. For the last few years, the company enjoyed strong sales with barely any advertising. The stock market and Tesla customers and adherents admired CEO Elon Musk for the advancements he brought to the electric vehicle market. That translated to […]

Dow Jones Industrial Average (.DJI) Falls As Medical Stocks Massacred

Dow Jones Industrial Average (.DJI) Falls As Medical Stocks Massacred

Dow Jones Industrial Average (.DJI) Falls As Medical Stocks Massacred A flat performance by the Dow Jones Industrial Average masked a real bloodletting in top stocks in the health care and pharmaceutical sectors. But stocks today also revealed some important sector rotation — the lifeblood of long-running bull markets. Thirteen of the day’s worst 14 industry groups […]

Hong Kong: HANG SENG INDEX (.HSI) investors watching the health of the Chinese economy

Hong Kong: HANG SENG INDEX (.HSI) investors watching the health of the Chinese economy

Hong Kong: HANG SENG INDEX (.HSI) investors watching the health of the Chinese economy Most Asian stock markets closed higher on Wednesday, following the release of better-than-expected economic numbers from China. Mainland Chinese shares were higher on the day. The Shanghai composite rose 0.29 percent to approximately 3,263.12 and the Shenzhen component added around 0.55 […]

Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected

Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected

Australian Dollar: USD/AUD (AUD=X) advancing after a government report showed China’s economy grew more than expected The Australian Dollar is advancing on Wednesday after a government report showed China’s economy grew more than expected. The Aussie is benefitting because it often acts as a proxy for the Chinese economy. The news helped reverse some of […]

Japanese Yen: USD/JPY (JPY=X) Upbeat China Data Support Treasury Yields, Appetite for Risk

Japanese Yen: USD/JPY (JPY=X) Upbeat China Data Support Treasury Yields, Appetite for Risk

Japanese Yen: USD/JPY (JPY=X) Upbeat China Data Support Treasury Yields, Appetite for Risk Helping to boost Treasury yields and demand for risky assets is the stronger-than-expected economic numbers from China. The data confirms the economy is bottoming out, mostly due to the stimulus from the Chinese economy. The headline data shows that China’s economy grew […]

Dow Jones Industrial Average (.DJI) Rallies to Six Month Highs

Dow Jones Industrial Average (.DJI) Rallies to Six Month Highs

Dow Jones Industrial Average (.DJI) Rallies to Six Month Highs It had been a rather sideways start to Q2 for the Dow Jones Industrial Average. Setbacks at Boeing have continued to constrain the blue-chip index, and while the S&P 500 continued to rally through the Q2 open, prices in the Dow snapped back last week to re-test […]

Singapore: STI Index (.STI) belief that consumer prices will rise by 3.1% over next 12 months

Singapore: STI Index (.STI) belief that consumer prices will rise by 3.1% over next 12 months

Singapore: STI Index (.STI) belief that consumer prices will rise by 3.1% over next 12 months Singaporeans expect consumer prices to remain stable in the year ahead, believing prices will rise by around 3.1 per cent over the next 12 months. This is a little over the 2.9 per cent expected inflation rate polled in […]

Facebook, Inc. (NASDAQ:FB) Earnings Season Is An Opportunity

Facebook, Inc. (NASDAQ:FB) Earnings Season Is An Opportunity

Facebook, Inc. (NASDAQ:FB) Earnings Season Is An Opportunity 2018 was a year that Facebook(NASDAQ: FB ) investors would like to forget. FB stock fell off a cliff following self inflicted wounds. And the negative headlines didn’t stop. All told, Facebook stock fell 45% from July highs to December lows. Luckily this year is a different story, FB […]

Bitcoin: USD/BTC (BTC=X) Advances Past $5,200

Bitcoin: USD/BTC (BTC=X) Advances Past $5,200

Bitcoin: USD/BTC (BTC=X) Advances Past $5,200 At the time of writing Bitcoin is trading up 2.4% at its current price of $5,220, up from its 24-hour lows of $5,030. Early yesterday, Bitcoin incurred relatively large selling pressure that pushed its price from nearly $5,200 to nearly $5,000, which appeared to put Bitcoin’s position within the $5,000 region […]

Apple Inc. (NASDAQ:AAPL) and mobile chip maker Qualcomm have settled a bitter financial dispute

Apple Inc. (NASDAQ:AAPL) and mobile chip maker Qualcomm have settled a bitter financial dispute

Apple Inc. (NASDAQ:AAPL) and mobile chip maker Qualcomm have settled a bitter financial dispute Apple and mobile chip maker Qualcomm have settled a bitter financial dispute centered on some of the technology that enables iPhones to connect to the internet. News of the surprise truce Tuesday sent Qualcomm stock soaring more than 23 percent, to […]

Tesla, Inc. (NASDAQ:TSLA) Electric vehicles have a small but growing share of the auto market

Tesla, Inc. (NASDAQ:TSLA) Electric vehicles have a small but growing share of the auto market

Tesla, Inc. (NASDAQ:TSLA) Electric vehicles have a small but growing share of the auto market You’ve probably heard of the Nissan Leaf, Chevrolet Bolt and Tesla Model 3. And most car companies, if they are not selling an electric vehicle, are working on bringing one to market. But consumers in the market for new cars […]

United States Oil (USO) prices rises on signs of strong demand from refineries in China

United States Oil (USO) prices rises on signs of strong demand from refineries in China

United States Oil (USO) prices rises on signs of strong demand from refineries in China Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world’s second-largest crude user, amid tightening supply as producers curtail output and as oil inventories in the United States fell unexpectedly. […]

Amazon.com, Inc. (NASDAQ:AMZN) revealed its plans to develop a satellite network

Amazon.com, Inc. (NASDAQ:AMZN) revealed its plans to develop a satellite network

Amazon.com, Inc. (NASDAQ:AMZN) revealed its plans to develop a satellite network Amazon is one of the most powerful companies in the world. It has millions of Prime subscribers, owns a fleet of aircraft, streams Emmy-winning shows, and hosts the world’s largest cloud storage platform. The growth of online giants like Amazon may be limited only […]

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