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Base on my observation, the only true way to know if the ruling party has done enough during their governing term is during the General Election. The votes will tell it all. The incumbent president, Mr Tharman Shanmugaratnam, who took office on 14 September 2023 had won in the 2023 presidential election with 70.41% of the vote. This indicates strong support from the people. If Singaporeans truly believe the current government is doing and living up to expectations (which includes easing cost of living), people will vote for them. If not, they won't.
Looking back, the S&P 500 index has had a strong performance in 2023. As of Fri, 14 Jul 2023, it has gained +17.82% year-to-date (YTD), see below. S&P 500 - YTD performance Of the index’s 500 companies, Technology sector has been the best performing sector; rising by +21.65% by Q1 2023. Some of the biggest gainers include: $NVIDIA Corp(NVDA)$. $Meta Platforms, Inc.(META)$. $Tesla Motors(TSLA)$. $Salesforce.com(CRM)$. These companies have benefitted from: Strong earnings. Semiconductor industry performance. Artificial intelligence (AI) applications. Cloud computing services. However, analysts are sounding alarms on
Looking back, the S&P 500 index has had a strong performance in 2023. As of Fri, 14 Jul 2023, it has gained +17.82% year-to-date (YTD), see below. S&P 500 - YTD performance Of the index’s 500 companies, Technology sector has been the best performing sector; rising by +21.65% by Q1 2023. Some of the biggest gainers include: $NVIDIA Corp(NVDA)$. $Meta Platforms, Inc.(META)$. $Tesla Motors(TSLA)$. $Salesforce.com(CRM)$. These companies have benefitted from: Strong earnings. Semiconductor industry performance. Artificial intelligence (AI) applications. Cloud computing services. However, analysts are sounding alarms on
$Tesla Motors(TSLA)$ 10% gain from a quick scalp from TSLA on Friday. The company celebrated the production kickoff in a Saturday morning tweet that showed a photo of the vehicle surrounded by hundreds of employees in hard hats at Tesla's plant in the Austin area, where the company is now based. Price action rejected off double top last Friday. ⚠️ Looking at calls above 282.75 and puts below 278.78 on Monday. Elon is trying to hype it up towards earnings as usual - pump up the volume before the dump again? 😅 First Cybertruck built at Giga Texas! 🤠 Tesla's official Twitter handle shared a photo of the first Cybertruck that rolled off the production line of the Giga Texas, which was surrounded by the fa
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On the same day that the Microsoft and Blizzard merger was approved by the US court, the acquisition of $Broadcom(AVGO)$ and $VMware(VMW)$ obtained approval from the European Union. When the news came out, VMW's stock price jumped more than 5% to over $156.The certainty of Broadcom's acquisition of VMW has always been higher, because VMW's major shareholder is Dell, which has sought to sell its best asset - VMW in several times to mitigate the losses in its core business. Furthermore, there have been management and board member adjustments at VMW since last winter, which means that although the acquisition has not been officially finalized, Broadcom's integration has already begun.Therefore, the acquisitio