To The Moon

0517 GMT - Incoming AEM CEO Amy Leong has a strong semiconductor background to support her role, says CGS International analyst William Tng, citing a CEO transition chat with the Singapore-listed company. The brokerage would like to see Amy work with the AEM board to explore higher standards of investor disclosure, Tng says. With AEM competing with global players, the CEO and the board should also consider whether the semiconductor and electronics test solutions provider can achieve better valuation in other financial markets, he adds. The brokerage adjusts its model for AEM's 1-for-100 share bonus issue and trims the target price to S$1.82 from S$1.84 with an unchanged reduce rating. Shares are 2.1% higher at S$1.96.

July 26 (Reuters) - Chip-testing machines maker Teradyne on Wednesday surpassed estimates for sales and profit in the second quarter, helped by growing demand for semiconductors that power artificial

(Reuters) - Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge of the matter said, bringing an en

0205 GMT - AEM Holdings' recent share-price rally, driven by increased interest in artificial-intelligence-related stocks, looks overdone, UOB Kay Hian analyst John Cheong says in a research report. AI-related chips account for only around 3% of the company's semiconductor sales and won't be able to offset weakness in other segments, such as smartphones and PCs, the analyst says. BCA Research's June review of major semiconductor-consuming sectors gives a subdued picture of global semiconductor demand, the analyst notes. Also, consensus 2023 and 2024 earnings forecasts for the company seem too optimistic, says the brokerage, which downgrades the stock to sell from hold, with an unchanged target price of S$2.87. Shares are 3.5% lower at S$3.56.

Apple historically tends to sandbag guidance to give themselves room to beat expectations, but lately, they haven't been able to deliver consistent earnings surprises. This is part of a broader trend that is worrying analysts, which is that changes in accruals are signaling that companies are potentially overstating reported earnings. There are a lot of incentives to do this with executives paid largely in stock. This tends to be corrected with a so-called "kitchen sink" strategy where companies or political leaders dump all the bad news at once rather than let it trickle out. I'm sure people have fun talking about a tech "singularity" on Reddit, but -2.5% EPS year-over-year is not exactly a black hole of endless profit growth. Why care about Apple?

In an earnings call dominated by talk of artificial intelligence, Nvidia CEO and founder Jensen Huan

$GROWN UP GROUP(01842)$ Looks like the operators of this counter has full control of the prices. From here on, it ia up to them to decide what the prices close each day n when is the last day for it to crash. Best not to short. If want to trade be nimble n careful