Wall Street

FBM KLCI in Healthy Correction. To resume uptrend soon

Malaysia's FBM KLCI corrects mildly after strong run-up, but analysts see it as a healthy correction. "We view this as…

3 months ago

Oracle Shares Drop 11% as $50bn AI Data-Centre Spend Overshadows Earnings Miss

Oracle raises capex 40% to $50bn for AI data centres, misses revenue estimates; shares plunge despite OpenAI-driven bookings growth.

4 months ago

Bursa Holds Firm, Time to Accumulate! Wall Street Plunges on AI Valuation Fears

Wall Street tumbles on AI bubble worries and hot jobs data; KLCI dips below 1,620 but accumulation opportunity emerges.

5 months ago

Amazon Boosts Wall Street as AI Optimism Grows; Bursa Expected to Rebound

Wall Street rose on Amazon’s strong earnings and AI momentum, while Rakuten Trade expects bargain hunting to support Bursa Malaysia.

5 months ago

Equinix Shines with Record Q3 Bookings, Eyes Long-Term Upside Despite Market Volatility

Equinix posts record Q3 bookings, upbeat guidance, and steady dividends, reinforcing investor confidence amid growth in AI and cloud demand.

5 months ago

Small Caps Lead Gains Despite KLCI Weakness

KLCI slipped as small caps outperformed, driven by property and tech gains, while global sentiment softened on Fed caution.

7 months ago

Rate cuts bet continue to fuel market gains

FBM KLCI rose to 1,590.8, tracking global gains as softer US PPI boosted Fed rate cut bets and gold prices.

7 months ago

Wall Street Mixed Ahead of CPI Data; FBM KLCI Hits Two-Week High

Wall Street ended mixed ahead of US CPI, while FBM KLCI hit two-week high above 1,590 on renewed foreign inflows.

7 months ago

Consumer, Construction, and O&G Stocks in Focus as KLCI Finds Support Amid Global Rally

Consumer, construction, tech, and O&G stocks gained on Budget hopes; KLCI edged higher, Wall Street hit fresh records on Fed…

7 months ago

The bearish marubozu candle

Investor sentiment in Bursa Malaysia weakened as the FBM KLCI fell 1.3% amid profit-taking, with expectations for a cautious market…

8 months ago

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