KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
Nvidia Leads Year-to-Date, Tesla Surges in September
Nvidia ($NVDA) remains the top performer among the Magnificent 7 this year, while Tesla ($TSLA) delivered a remarkable 32% rally in September. With both stocks facing pivotal catalysts in the coming months, investors are weighing which name offers the stronger case into year-end.
Nvidia: AI and Data Center Momentum
Key Catalysts Ahead
Oct 6: OpenAI DevDay – Potential updates on model launches and inference costs could directly impact Nvidia’s AI ecosystem.
Oct 13: Oracle AI World – Focus on second-tier cloud and AI infrastructure partnerships.
Oct 16: TSMC Q3 Earnings – Market attention on CoWoS packaging capacity and N2 process ramp.
Oct 28: Nvidia GTC Keynote (DC20) – CEO Jensen Huang expected to update on GPU platforms, networking and public sector demand.
Nov 19: Q3 FY26 Earnings – Focus on data center revenue, GB200 shipments, and gross margins.
Technical Setup
Nvidia recently broke above its EMA10 and remains well above its EMA60, reinforcing a bullish mid-term trend. The wedge formation suggests potential volatility, but upside momentum remains intact.
Options Market
Implied volatility (IV) sits at 39%, in the lower 21st percentile historically. This keeps option premiums relatively cheap, favoring buyers looking at call strategies or volatility plays.
Tesla: Deliveries, FSD and Energy Growth
Key Catalysts Ahead
Oct 2: Q3 Delivery Report – Expected to show the impact of pricing strategies and regional mix. Analysts remain divided, creating potential volatility.
Mid-October: FSD v14 Rollout – Phased launch of the next-generation autonomous driving system, with implications for subscription revenue and regulatory scrutiny.
Late October: Q3 Earnings – Market focus on automotive gross margins, energy segment profitability, and Shanghai Megapack contributions.
Nov 6: Annual Shareholder Meeting – Updates on long-term strategy, including Robotaxi and humanoid robots.
Technical Setup
Tesla trades within a narrow channel, supported by its EMA10 but sitting well below its EMA60. This points to a more fragile trend compared to Nvidia.
Options Market
Tesla’s IV stands at 68% (56th percentile historically), implying neutral volatility. Investors concerned about delivery report downside risk may consider covered calls as a hedge.
Bottom Line
Nvidia offers stronger momentum, clearer earnings visibility, and relatively cheap options pricing, making it attractive for growth and volatility-based strategies.
Tesla, while supported by a strong September rebound and near-term catalysts, carries higher uncertainty tied to deliveries, margins, and FSD adoption.
For the rest of 2025, Nvidia appears better positioned for investors seeking stability in AI-driven growth, while Tesla remains a higher-risk, higher-reward play dependent on execution in Q3 and beyond.
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