mustaqim.mazuky

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Red Sea Crisis and OPEC+ Cuts Support Oil Prices Prices for North Sea and West African crude grades have increased this month. The Red Sea shipping crisis and OPEC+ output cuts have tightened oil markets. U.S. benchmark oil prices are also supported by higher demand for American crude in Europe due to the Red Sea disruption to flows. Reduce in supply directly...

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Record quarterly revenue of $22.1 billion, up 22% from Q3, up 265% from year ago Record quarterly Data Center revenue of $18.4 billion, up 27% from Q3, up 409% from year ago Record full-year revenue of $60.9 billion, up 126% SANTA CLARA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the fourth quarter ended January 28,...

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Gold price remains under pressure as sticky US CPI data suggests interest rates will stay high. Surging rental and healthcare costs drive price pressures in the US economy. The US Dollar extends its upside amid a risk-off market sentiment, further weighing on Gold. Gold price (XAU/USD) continues its five-day losing streak on Wednesday as hot United States...

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The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a moderately dovish stance, contrary to market expectations, saying that given how credit conditions have tightened, the U.S. central bank may not need to raise interest rates as much. A pause in negotiations to raise the federal government's $31.4 trillion debt ceiling also pressured the...

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Market Commentary Malaysian palm oil futures jumped to a more-than-three-month peak on Thursday, underpinned by flooding woes, a weaker ringgit, and assessed the impact of India's removal of duty-free import quotas for sunflower oil. Today, palm oil price is likely to edge higher tracking the overnight bullish in soyoil market. Highlights: Palm ends at...

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Indices. US Market U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank. In an argument for quarter-point hikes, Bostic said he favored "slow and steady" as the appropriate course of action for...

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USD/MYR faces prospects for extra gains, although a convincing breakout of 4.7500 appears not favoured for the time being, notes Markets Strategist Quek Ser Leang at UOB Group’s Global Economics & Markets Research. “We expected USD/MYR to strengthen last week but we were of the view that ‘4.7500 is unlikely to come into view’.” Our view was wrong as USD/MYR rose...

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Apple is consumer-centric, and is highly transactional, with less than 10% of its revenues and profits being recurring - meaning it could be vulnerable to a downturn. While it's still too early to call what the iPhone 14 cycle might look like, we continue to believe that AAPL may have "over-earned" in FY 21 (and FY 22) amid work/ learn from home and strong...

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Apple CEO Tim Cook says there’s at least one question your iPhone can’t answer: How do you build a life that provides both meaning and fulfillment? Luckily, Cook himself has some advice on that front. At Gallaudet University’s commencement ceremony in Washington D.C. last month, Cook advised the new graduates to make decisions based more on their moral compass...

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Looking into the current session, 3M Inc. (NYSE: MMM) shares are trading at $166.87, after a 2.65% increase. Moreover, over the past month, the stock went up by 12.36%, but in the past year, fell by 0.85%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. The stock is...

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#Nvidia Good day to All my copiers and followers, NVIDIA Trade Idea - 1st June 2020 A financial Summary report in the last quarter reported : ✅Revenues increased 3.02% ($3.11B) ✅Net Income increased 5.67% ($950M) ✅Nett Assets increased 8.83% ($12.20B) ✅EPS increased from 1.45 to 1.53 If the price breaks out $355, potentially it will break next R1 at...

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Good day to all, This is a trade idea on $AAPL based on the technical view, the price can penetrate the support level at $249~$250 before bounce to the new higher price. My current position will be opened at $250. Fundamental News : Apple said today it is launching its services App Store, Apple Podcasts, iCloud and Apple Music to dozens of additional markets...

mustaqim.mazuky

Good day to all, This is a trade idea on $AAPL based on the technical view, the price can penetrate the support level at $249~$250 before bounce to the new higher price. My current position will be opened at $250. Fundamental News : Good day to all, This is a trade idea on $AAPL based on the technical view, the price can penetrate the support level at...