Early July Economic Data Leads to a Sharp Increase in Q3

https://www.bloomberg.com/news/articles/2023-08-08/citi-s-montagu-says-us-stocks-can-rise-as-positioning-risk-drops#xj4y7vzkg

ON Semiconductor Beats Q2 Targets With Strong Chip Sales
https://fagenwasanni.com/news/on-semiconductor-beats-q2-targets-with-strong-chip-sales/98326/

Samsung expects chip demand rebound in second half
https://asia.nikkei.com/Business/Tech/Semiconductors/Samsung-expects-chip-demand-rebound-in-second-half

Bloomberg) -- KLA Corp., one of the largest makers of semiconductor manufacturing equipment, gave a strong revenue forecast for the current period, signaling that the chip industry may be nearing a recovery.
https://www.bnnbloomberg.ca/kla-gives-upbeat-forecast-in-sign-the-chip-market-is-rebounding-1.1951612.amp.html

Volkswagen Group reports solid H1 result, strengthens strategic position in China
https://www.shine.cn/biz/auto/2307285361/

Intel Jumps After PC Recovery Bolsters Chipmaker’s Outlook
Earnings expected to be stronger than analysts’ estimates
https://www.bloomberg.com/news/articles/2023-07-27/intel-jumps-after-upbeat-forecast-boosts-optimism-about-chips

https://www.thestar.com.my/business/business-news/2023/07/20/super-charging-the-ev-sector

ASML ups full-year sales forecast as China demand stays strong
https://www.reuters.com/technology/asml-reports-q2-earnings-19-billion-euros-beating-expectations-2023-07-19/

https://m.malaysiastock.biz/Blog/BlogArticle.aspx?tid=26689

Decade of Emerging Markets’ May Be About to Regain Traction
https://finance.yahoo.com/news/decade-emerging-markets-may-regain-120000639.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJbtW0V23rYFARp37fLIQVEFt9aFw3Ymy1cMZx2cpF1gWrbON-ycvJUW9VBlHypzEfwJOUZwm7X6yNoghYhqA9wnXPuuY0QyCrbWSPJMpxIcRjvutQOl-14j8d4Y19RHW6hLG_bZjoPORWe0mGbvCKvzQ3RTcP2WLhUGQ6osmQu1

https://www.thestar.com.my/business/business-news/2023/06/08/hlib-research-neutral-on-og-top-picks-dnex-wah-seong

DNeX launches new cloud-based financial and accounting app for govt agencies

JPMorgan’s Kolanovic also positive on tech this year
https://www.bloomberg.com/news/articles/2023-06-06/citi-quants-say-the-ai-driven-tech-rally-has-legs-as-fed-pauses#xj4y7vzkg

Citi Quants Say the AI-Driven Tech Rally Has Legs
Growth stocks have more tailwinds than risks in June: Citi
JPMorgan’s Kolanovic also positive on tech this year
https://www.bloomberg.com/news/articles/2023-06-06/citi-quants-say-the-ai-driven-tech-rally-has-legs-as-fed-pauses#xj4y7vzkg

https://www.thestar.com.my/business/business-news/2023/06/06/e-mobility-----------------to-contribute-significantly------------to-genetecs-bottom-line

PHLX Semiconductor Index has been surging.
https://www.marketwatch.com/investing/index/sox

PHLX Semiconductor Index has been surging.
https://www.marketwatch.com/investing/index/sox

PHLX Semiconductor Index was up 6.81 percent yesterday

PHLX Semiconductor Index was up 6.81 percent yesterday.

PHLX Semiconductor Index was up 6.81 percent yesterday.

Other semiconductor stocks and artificial intelligence names followed Nvidia’s lead. Advanced Micro Devices and Taiwan Semiconductor soared 11.1 per cent and 12 per cent, respectively. The VanEck Semiconductor ETF popped 8.6 per cent to close at its highest level of the year; the fund hit a new 52-week high earlier in the session. Alphabet and Microsoft added 2.1 per cent and 3.9 per cent, respectively.

Nvidia shares surged 24.4 per cent a day after the company posted stronger-than-expected revenue guidance, and reported beats on the top and bottom lines in the recent quarter. Exploding demand for Nvidia chips used in artificial intelligence underpinned the quarterly beat.

Several analysts covering Nvidia hiked their price targets on the stock following the results. Nvidia’s surge brought the chipmaker within striking distance of a $1 trillion market capitalisation.

Other semiconductor stocks and artificial intelligence names followed Nvidia’s lead. Advanced Micro Devices and Taiwan Semiconductor soared 11.1 per cent and 12 per cent, respectively. The VanEck Semiconductor ETF popped 8.6 per cent to close at its highest level of the year; the fund hit a new 52-week high earlier in the session. Alphabet and Microsoft added 2.1 per cent and 3.9 per cent, respectively.

PHLX Semiconductor Index was up 6.81 percent yesterday.

https://www.bloomberg.com/news/articles/2023-05-23/china-buying-of-chipmaking-gear-from-singapore-hits-8-month-high

China chip stocks rally after Beijing said U.S. chip giant Micron is 'major security risk'
https://www.cnbc.com/amp/2023/05/22/china-chip-stocks-rally-after-beijing-says-micron-is-security-risk.html

With the Semiconductor Downturn Nearing Its End, MPI is a Buy Now.

Citaglobal-Genetec JV unveils Malaysia’s first locally produced battery energy storage system
https://www.theedgemarkets.com/node/662928

Indexes jump on inflation data; Nasdaq posts best qtr since 2020
https://financialpost.com/pmn/business-pmn/indexes-jump-on-inflation-data-nasdaq-posts-best-qtr-since-2020

Why now is a good time to buy stocks
It may be tempting to avoid stocks until the economy improves, but investors who attempt to time the market are setting themselves up for failure. Stocks are generally forward-looking in nature. For instance, the Nasdaq began its decline before inflation peaked and before the Fed began raising interest rates. By the same logic, the index will likely begin its rebound before economic activity hits a bottom.
https://www.fool.com/investing/2023/03/31/nasdaq-bull-market-in-2023-heres-what-history-says/

Is a Nasdaq Bull Market Coming In 2023? Here's What History Says

Why now is a good time to buy stocks
It may be tempting to avoid stocks until the economy improves, but investors who attempt to time the market are setting themselves up for failure. Stocks are generally forward-looking in nature. For instance, the Nasdaq began its decline before inflation peaked and before the Fed began raising interest rates. By the same logic, the index will likely begin its rebound before economic activity hits a bottom.
https://www.fool.com/investing/2023/03/31/nasdaq-bull-market-in-2023-heres-what-history-says/

Nasdaq records best quarterly gain since 2020 as US exchanges post monthly gains
Tech-heavy index soars 16.7% during January-March period
https://www.aa.com.tr/en/economy/nasdaq-records-best-quarterly-gain-since-2020-as-us-exchanges-post-monthly-gains/2860753

Nasdaq records best quarter since 2020 after volatile start to year
Tech-heavy US index gains 17% in first three months of 2023 as investors shed interest rate worries
https://www.ft.com/content/01af6fd2-5456-4d9c-894f-dd80235308fd

Indexes jump on inflation data; Nasdaq posts best quarter since 2020
https://www.reuters.com/markets/us/futures-muted-investors-await-key-inflation-data-2023-03-31/

Stocks could end the year 14% higher—and it’s because the banking crisis, according to veteran investment strategist Ed Yardeni
https://finance.yahoo.com/news/stocks-could-end-14-higher-183549955.html

https://www.bloomberg.com/news/articles/2023-03-31/inflation-traders-see-scope-for-fed-pause-to-extend-tips-gains

Goldman’s Rubner Sees Stocks Primed for Further Gains in April
https://www.bloomberg.com/news/articles/2023-03-30/goldman-s-rubner-sees-stocks-primed-for-further-gains-in-april#xj4y7vzkg

Hong Kong stocks log best run since January on China manufacturing surprise as Alibaba, JD.com lead tech winners
Official data showed Chinese manufacturing expanded in March, beating market consensus; services index accelerated this month
Upbeat sentiment around Alibaba Group’s business reorganisation continues to fuel a rally among Chinese tech peers

US semiconductor index hits highest in nearly a year on hopes for industry turn
https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-03-31-story-h-274396001-US_semiconductor_index_hits_highest_in_nearly_a_year_on_hopes_for_indus

Ease in semiconductor shortage helps car production increase by 8,000 as UK shipments to EU up 6.5 per cent
https://www.cityam.com/ease-in-semiconductor-shortage-helps-car-production-increase-by-8000-as-uk-shipments-to-eu-up-6-5-per-cent/

The Philadelphia semiconductor index (.SOX) hit its highest level in nearly a year on Thursday, as optimism grows that a sales downturn in the industry has reached its nadir, in part due to a surge in artificial intelligence (AI) technology.

MMS Ventures to have new assembly and test lines
https://www.thestar.com.my/business/business-news/2023/03/27/mms-ventures-to-have-new-assembly-and-test-lines

Cramer says a much-needed Fed pause could ignite a stock market rally like we haven’t seen in decades.
https://www.cnbc.com/2023/03/28/cramer-fed-pause-could-ignite-rally-like-we-havent-seen-in-decades-.html

Wall Street jumps with rosy outlooks from companies
https://www.reuters.com/markets/us/futures-climb-banking-crisis-fears-abate-2023-03-29/

Cox Automotive Forecast: An Upside Surprise Expected for U.S. Auto Sales in Q1 2023
https://www.coxautoinc.com/news/cox-automotive-forecast-march-2023-u-s-auto-sales-forecast/

Why Micron Stock Popped Today
https://www.fool.com/investing/2023/03/29/why-micron-stock-popped-today/

Nasdaq 100 Enters Bull Market as Bank Jitters Ease, Tech Rallies
https://www.bloomberg.com/news/articles/2023-03-29/nasdaq-100-enters-bull-market-as-bank-jitters-ease-tech-rallies#xj4y7vzkg

Auto executives optimistic about sector's prospects

China's new energy vehicle sector, the largest in the world, is showing signs of robust development after being weaned off government subsidies at the end of last year.
https://www.chinadaily.com.cn/a/202303/29/WS64237232a31057c47ebb713e.html

Cramer says a much-needed Fed pause could ignite a stock market rally like we haven’t seen in decades
https://www.cnbc.com/2023/03/28/cramer-fed-pause-could-ignite-rally-like-we-havent-seen-in-decades-.html

U.S. Bonds Rally As Market Considers Pause Or End For Rate Hikes
https://seekingalpha.com/article/4589992-us-bonds-rally-as-market-considers-pause-or-end-for-rate-hikes