10392
A place for the Singapore investment community to share information, research and updates.
Maybank IBG Traders’ Almanac
(12 Dec 2024) - Interest emerges in semiconductor plays
Technical Trading Ideas💡for today:
1️⃣ DAGANG NEXCHANGE BERHAD – 4456 (S)
2️⃣ SAMAIDEN GROUP BERHAD – 0223 (S)
3️⃣ SMRT HOLDINGS BERHAD – 0117 (S)
4️⃣ CPO FUTURES (CP: MYR 4,958)
5️⃣ KLCI INDEX FUTURES (CP: 1,599.50)
Note: S - Shariah Compliant
For the full report, stock ideas, and market flows, access Market Insight on Maybank Trade on Apple Store and Google Play.
#MaybankIBGResearch
#MaybankIBGTA
Ron Sim sends legal letter of demand to Trek 2000’s current and former chairmen
https://www.straitstimes.com/business/companies-markets/ron-sim-and-osim-send-legal-letter-of-demand-to-trek-2000s-current-and-former-chairmen
IFC, HSBC inks US$1 billion risk-sharing facility to boost trade financing in emerging markets
https://www.businesstimes.com.sg/companies-markets/ifc-hsbc-inks-us1-billion-risk-sharing-facility-boost-trade-financing-emerging-markets
Dagang NeXchange & Gamuda Team Up for Google Cloud JV
Dagang NeXchange (DNEX) shares surged 12.7% yesterday
following the announcement of a 50:50 joint venture (JV) with Gamuda (GAMUDA) to provide Google Cloud services in Malaysia. GAMUDA shares hit an all-time high, closing at MYR9.65, up 1.3% yesterday.
DNEX will oversee relationship engagements and business facilitation, while GAMUDA brings technical expertise in AI and cloud technologies.
The JV targets Malaysia’s MYR11 billion cloud services market and will be the exclusive provider of Google Distributed Cloud services in the country.
Investors bullish on the news may consider DNEX-C34 and GAMUDA-C2U for leveraged exposure at a fraction of the share price!
#WarrantsWatch
ServiceNow restructures RiseUp workforce training programme, cuts staff
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/servicenow-restructures-riseup-workforce-training-programme-cuts-staff
CNBC Television (Youtube)
Watch CNBC's full interview with Andreessen Horowitz Partner Katherine Boyle
CNBC's Morgan Brennan speaks with Andreessen Horowitz's Katherine Boyle in an exclusive interview at the Reagan National Defense Forum. They discuss the rapid evolution of defense startups, the influence of companies like SpaceX and Palantir, and the growing appeal of government service among tech leaders. Boyle also shares insights on emerging investment opportunities in energy and her optimism for a new era of innovation and collaboration between Silicon Valley and Washington.
CNBC Television (Youtube)
Uranium miners well positioned to benefit from growing demand, says Sprott's John Ciampaglia
John Ciampaglia, Sprott Asset Management CEO, joins 'Fast Money' to talk the uranium market and how it could benefit from global power demands.
Bank of America promotes 387 employees to managing director: source
https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-america-promotes-387-employees-managing-director-source
CNBC Television (Youtube)
'Fast Money' traders talk Big Tech moving the market to record highs
The 'Fast Money' traders talk today's big market moves and what is behind it.
Analysis:7-Eleven battle shows resilience of Japan Inc's family ties
https://www.channelnewsasia.com/business/analysis7-eleven-battle-shows-resilience-japan-incs-family-ties-4801911
Singapore Office Focused REITs Comparison @ 10 December 2024
https://www.reit-tirement.com/2024/12/singapore-office-focused-reits.html
CNBC Television (Youtube)
Ukraine changed everything for SIlicon Valley's defense investments, says A16Z's Katherine Boyle
Katherine Boyle, A16Z, sat down with CNBC's Morgan Brennan at the Reagan National Defense Forum to talk startups and investing in the aerospace and defense sectors.
CNBC Television (Youtube)
Productivity running high is great for equities, says Citi's Drew Pettit
Drew Pettit, Citi Research director of U.S. equity strategy, joins 'Closing Bell Overtime' to talk how to play the extremely hot stock market.
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/adobe-forecasts-fiscal-2025-revenue-below-estimates-slower-subscription-spending
Suntec REIT cash offer of S$1.16. What should unitholders do?
https://growbeansprout.com/suntec-reit-cash-offer-2024
Sticky US inflation gives Fed green light for December, yellow for 2025
https://www.straitstimes.com/business/economy/sticky-inflation-gives-fed-green-light-for-december-yellow-for-2025
HSBC, World Bank's IFC launch $1 billion trade finance programme for emerging market
https://www.channelnewsasia.com/business/hsbc-world-banks-ifc-launch-1-billion-trade-finance-programme-emerging-market-4802031
Blackstone keen to boost Nippon Life ties after Resolution deal
https://www.businesstimes.com.sg/companies-markets/banking-finance/blackstone-keen-boost-nippon-life-ties-after-resolution-deal
Best Fixed Deposit Rates in Singapore [Dec 2024]
https://growbeansprout.com/singapore-best-fixed-deposit-rate
MicroStrategy’s Bitcoin play raises questions about Nasdaq 100 inclusion
Read: https://link.theedgesingapore.com/EYBfxehAiedTAC447
Follow us on: @theedgesg
CNBC Television (Youtube)
Final Trade: URNM, CCJ, BA, UBER
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.
CNBC Television (Youtube)
A look inside the world's highest grade uranium mine
CNBC's Pippa Stevens 'Fast Money' with a peek inside the world's highest grade uranium mine.
Elon Musk’s net worth tops US$400 bil, a historic first
Read: https://link.theedgesingapore.com/mJwrQnEhkRUZS5Up9
Follow us on: @theedgesg
Apple working with Broadcom to develop AI chip: report
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-working-broadcom-develop-ai-chip-report
Hershey’s main owner rejects Mondelez’s offer as too low
https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/hersheys-main-owner-rejects-mondelezs-offer-too-low
Nvidia challenge to investor suit spurned by Supreme Court
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-challenge-investor-suit-spurned-supreme-court
CNBC Television (Youtube)
Betterment CEO Sarah Levy talks recent workers survey
Sarah Levy, Betterment CEO, joins 'Closing Bell Overtime' to talk the results of its workers survey and what respondents say about retirement.
CNBC Television (Youtube)
2024 was a great year, strong close to Q4, says Adobe CEO Shantanu Narayen
Shantanu Narayen, Adobe chairman & CEO, joins 'Closing Bell Overtime' to talk Adobe's Q4 results ahead of the earnings call.
US stocks mixed, Nasdaq closes above 20,000 for first time
https://www.straitstimes.com/business/companies-markets/us-stocks-mixed-nasdaq-closes-above-20000-for-first-time
China is urging EV firms to invest in South Africa, official says
https://www.businesstimes.com.sg/companies-markets/transport-logistics/china-urging-ev-firms-invest-south-africa-official-says