SummaryTesla's stock has surged post-2024 election, gaining $550 billion in market value, driven by Elon Musk's close ties with Trump and potential deregulation benefits.Favorable regulatory changes a
Post-Bell｜Nasdaq Closes at Record as Investors Prepare for Fed Rate Decision; Tesla Jumped 6.1%
The Nasdaq closed at a record high on Monday and the S&P 500 also rose as investors gauged the latest economic data while looking toward the Federal Reserve's final policy announcement of the year lat
Marvell Technology Shares Surges 10%, Hits All-Time High of $120
Marvell Technology Group jumped 10% on Friday, hitting an all-time high of $120. Investors cheer the semiconductor company's market cap of over $101 billion as it is growing confident in its strategic direction and its ability to ride the wave of high storage, processing and networking demand. A return to profitability in the near term is expected, based on a consensus of 28 analysts who recently revised their earnings expectations upward for benefits despite operating with a moderately levered balance sheet.GuruFocus has detected 7 Warning Signs with MRVL.This is after Broadcom this week revealed an annual 220% increase in the sale of AI products, sparking widespread optimism for the semiconductor industry. Marvell has received price target increases from analysts at TD Cowen and Piper Sandler for strong financial results and optimistic growth in AI tech.This article first appeared on
SGX Weekly Review｜Top Glove Soared 7.5%; YZJ Shipbldg Rallied 7% and Singtel Rose 3.6%
Market SnapshotSingapore stocks rose this week, with the STI up 0.37% as China pledged further monetary easing to brace itself for more trade tensions with the United States.$Top Glove(BVA.SI)$ soare