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Showing posts with the label US tariff policy

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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Big Tech Earnings Preview: All Eyes on AI, Cloud, and Consumer Resilience

As the Q2 earnings season kicks off, all eyes are on  Big Tech , with Netflix set to report first on July 17. These earnings are poised to shape broader market sentiment amid ongoing economic uncertainty and aggressive U.S. tariff policies. Despite macro headwinds, the outlook for tech giants remains relatively strong — especially in  AI chips ,  cloud services , and  digital advertising . Key Standouts from Q2 Estimates (YoY Growth) Company Revenue Growth EPS Growth Nvidia (NVDA) +51.86% +38.66% Netflix (NFLX) +15.53% +44.80% Meta (META) +14.25% +13.68% Microsoft (MSFT) +14.02% +14.45% Alphabet (GOOGL) +10.73% +14.92% On the flip side: Tesla (TSLA)  is expected to report a  -12.04% revenue drop  and a  -20.52% EPS slump , weighed by weak EV sales. Apple (AAPL)  is also seeing soft momentum with  3.49% revenue growth , signaling slower iPhone shipments. AI Is the Center of Gravity Nvidia  remains the flagship AI play. Explosive dema...