Go Beyond!
BABA Diamond HolderOverall, I am quite disappointed with MPACT earnings yesterday. It’s a surprise results. I never expect its overseas assets performance got worsen.
Elsewhere, Keppel Corp was dragged down by impairment charges on older legacy assets while SIA took a hit from high energy costs. It is a very tough operating environment now with so much uncertainty everywhere.
I am also worried by the latest China manufacturing PMI reading of 49.2, back in contraction territory. I am thinking why these factories are not ramping up orders for the upcoming holiday season like Christmas, yet activity is slowing instead. That really makes me wonder what’s going on. 🤔
☕️ [Task Coins Giveaway] Daily Market Talk — Microsoft Sets a $450 Billion Record as Memory Chips Roar Back
Microsoft (MSFT) just made stock-market history. Shares surged about 15% Thursday, adding roughly $450B in market cap in a single day, the largest one-day dollar gain for any stock ever, beating Nvidi...
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