MONEY MASTER

Micron’s upcoming earnings are becoming a key market event, with AI-driven demand pushing profit growth close to 1,000%. Its performance is now so significant that it directly impacts overall S&P 500 earnings growth. This is no longer just a company story, Micron has become a major driver of market earnings. What’s Really Happening The surge in Micron’s profits is not coming from volume alone, it’s coming from pricing power. Tight memory supply is pushing prices sharply higher AI demand (especially high-bandwidth memory) is accelerating Much of the revenue growth is flowing straight to profit That’s why earnings are exploding at an unusually fast pace. More importantly, without Micron (and Nvidia), overall S&P 500 earnings growth would drop significantly showing how concentrated the market’s growth has become. Why This Matters This tells us something deeper about the current market: AI is not just a theme, it is dominating earnings growth A small group of companies is driving a...

Tanco Holdings  saw its share price collapse  60% in a single day , extending a brutal selloff that erased nearly  RM10 billion in market value  within days. What Happened Stock plunged  60% to 20 sen  (limit-down) Marked  4th consecutive limit-down session Over  205 million shares traded  in heavy selling Key point: One of the sharpest collapses in Bursa history after a massive speculative rally. From Boom to Bust Shares had surged  600% since 2024 Market cap peaked at  ~RM10 billion (June 3) Now dropped to  ~RM1.2 billion This is a classic parabolic rally followed by a rapid unwind. What Triggered the Selloff 1. Insider Trading Activity Raised Concerns Managing director  sold shares near peak prices Bought and sold large blocks within days Mixed insider signals often shake investor confidence. 2. Speculative Momentum Faded Earlier rally driven by: Data centre story (50MW project with China Mobile) Market speculation When...

Tanco Holdings Bhd’s sharp correction has erased nearly  RM5 billion in market value , but the more important question for investors is not just  why it fell,  but: "Why did the market price it so highly in the first place?" From Momentum to Reality Check Tanco Holdings Bhd  had surged more than  50% in 2026  prior to the selloff, briefly pushing its valuation above peers like  Sime Darby Property Bhd . Such a sharp re-rating typically reflects: Strong market narratives or expectations Anticipation of  corporate developments or value unlocking Heavy  momentum-driven participation from retail and traders The Core Investment Insight The recent decline suggests the earlier rally may have been driven more by: Positioning and sentiment , rather than Fundamental earnings visibility When expectations rise faster than fundamentals, the downside can be equally aggressive once: News flow fails to materialise Or  uncertainty increases Why This Matt...

Malaysia’s benchmark index is set for a  sector reshuffle , with  real estate gaining prominence  as  IOI Properties Group (5249.MY)  replaces  Sime Darby (4197.MY)  in the  FTSE Bursa Malaysia KLCI Index . Index Rebalance to Shift Sector Weightings According to  CIMB Securities , the changes effective  June 22, 2026  are expected to: Reduce weighting in financials and utilities Increase exposure to real estate Lift weightings in  industrial, energy, consumer, and technology sectors Rebalancing trades are likely to take place on  June 19 , potentially driving  short-term volatility . Broader Index Changes Across Bursa Benchmarks Adjustments extend beyond the KLCI: FBM 70 Index New entrants include: AirAsia X (5238.MY) Allianz Malaysia (1163.MY) Ranhill Utilities (5272.MY) Sime Darby (4197.MY) Solarvest (0215.MY) These replace names such as  CTOS Digital (5301.MY)  and  NationGate (0270.MY) , partly due ...

Summary  Broadcom delivered strong results, but the stock fell ~13% because expectations were even higher. The issue wasn’t weak numbers — it was  not beating the “AI hype expectations.” What Happened Broadcom  reported a strong quarter: Revenue:  $22.19B ( +48% YoY ) Net Income:  $12.07B ( +55% YoY ) AI semiconductor revenue:  $10.8B ( +143% YoY ) Margins remained strong (Operating margin ~67%) On paper, this is a  very powerful AI-driven quarter Why The Stock Still Crashed 1.  AI Guidance Didn’t Beat the “Real Expectation” Q3 AI revenue guided:  $16B Market expected:  ~$16.3B+   Even a small miss = big disappointment in AI stocks 2.  No Upgrade to Long-Term AI Target 2027 AI revenue target:  > $100B (unchanged)  Market wanted: “Raise the ceiling” → not just repeat guidance 3.  Google Risk (Key Concern) Alphabet  Broadcom depends heavily on Google TPU chips Management hinted  Google may diversify su...

A renewed surge in AI and semiconductor stocks is reinforcing bullish sentiment, with  institutional investors increasing exposure to  Advanced Micro Devices , even after a sharp rally. AI Chip Stocks Lead Market Rebound US-listed semiconductor names rallied strongly: Advanced Micro Devices   +8% Micron Technology   +21% Micron’s move pushed its valuation above  US$1 trillion , highlighting  broad-based momentum across AI infrastructure , particularly in  memory and high-bandwidth chips (HBM) . Institutional Options Trade Signals Further Upside A notable  bull call spread strategy  emerged in AMD: Long  $520 calls (Sep 2026) Short  $620 calls The structure indicates: ~20%–25% upside expectation Continued  institutional conviction despite a 140% rally This reflects a  measured bullish stance , capturing upside while managing cost and risk. AMD’s AI Narrative Is Being Repriced AMD is increasingly being repositioned as a...

Northeast Group Bhd  surged as much as 15% to a record high after delivering a stronger-than-expected quarterly result, reinforcing investor optimism around the ongoing AI and semiconductor boom. Key Takeaways 2QFY2026 net profit jumped 104% YoY  to RM12.34 million Revenue surged 41% YoY  to RM35.61 million Factories are operating at  near full capacity Research houses maintained  “Buy” calls  and raised target prices AI-driven demand for fibre optics, semiconductors, and optical components continues to support growth Why Investors Are Excited Northeast is increasingly seen as an indirect AI infrastructure play. The company manufactures precision engineering components used in: Photonics Semiconductors Telecommunications Optoelectronics Electronics manufacturing According to analysts, the company is now moving from qualification stages into  mass production  for components linked to AI infrastructure supply chains. A major positive catalyst is its...

Shares of  PETRONAS Chemicals  rose after a return to profitability in 1Q, though analysts remain  cautious on the sustainability of the recovery . Share Price Rises on Earnings Turnaround The stock gained  4.2% to RM5.68 , extending a strong rally of nearly  92% since late February . The rebound was driven by: Higher petrochemical prices Improved  product spreads Stronger  sales volumes However, these gains were largely supported by  supply disruptions linked to Middle East tensions , rather than structural demand recovery. Analysts Divided on Outlook Sentiment remains mixed among research houses: 9 ‘buy’ ,  9 ‘hold’ ,  1 ‘sell’  recommendation Average target price: RM6.08 (~7% upside) While earnings forecasts have been revised higher, many analysts maintain  neutral stances  due to lingering risks. Operational and Demand Risks Persist Key concerns highlighted by analysts include: Lower utilisation rates  expected in...

Malaysia’s market saw  mixed signals , with strong corporate earnings and record trade data offset by  continued weakness in equities  amid cautious investor sentiment. Wall Street Rally Led by AI Momentum US markets surged on the back of strong tech performance: S&P 500   +1.08% (record high) Nasdaq Composite   +1.54% Dow Jones Industrial Average   +1.31% Nvidia  remained in focus after  beating revenue expectations  and announcing an  US$80 billion share buyback , reinforcing AI-driven optimism. KLCI Falls for Sixth Straight Session The  FTSE Bursa Malaysia KLCI Index  declined  0.55% , extending its losing streak to  six consecutive sessions . Market breadth was weak ( 840 losers vs 366 gainers ) Losses were led by  PETRONAS-linked stocks Sentiment remains cautious amid  regional weakness and geopolitical risks Malaysia Trade Hits Record High Malaysia’s external trade delivered a strong macro boost: T...

Global equities rebounded as  strong AI-driven earnings from Nvidia and easing supply risks at Samsung  boosted investor confidence, helping markets recover from recent losses. AI Momentum Drives Market Rebound Stocks rallied across regions following upbeat results from  Nvidia : S&P 500   +1.1% Nasdaq Composite   +1.5% Nvidia’s  better-than-expected revenue outlook  reinforced the view that  AI demand remains strong , supporting the broader semiconductor sector. Asian Markets Snap Losing Streak The  MSCI Asia-Pacific ex-Japan Index  rose  1.2% , ending a four-day decline. Key movers: Kospi   +4% Nikkei 225   +1.9% Australia equities  +1.5% The rebound reflects  renewed risk appetite driven by AI optimism . Samsung Strike Suspension Eases Supply Concerns Samsung Electronics  surged over  6%  after its union  suspended planned industrial action . Avoids disruption involving  ~48,000 wo...

Malaysia’s corporate landscape saw a mix of  fundraising activities, renewable energy expansion, IPO enthusiasm and balance sheet restructuring  dominate headlines, reflecting continued investor appetite for growth and defensive sectors despite broader market caution. Tenaga Advances Renewable Energy Push KL: TENAGA  strengthened its renewable energy ambitions after its subsidiary issued  RM1.05 billion in Asean Green SRI Sukuk  to finance a  500MW solar photovoltaic project in Kedah . The issuance highlights increasing institutional support for  green financing  and reinforces Tenaga’s long-term transition towards cleaner energy infrastructure. Investors may view the move positively as ESG-linked investments continue gaining traction across regional markets. Mr DIY Expands Funding Flexibility KL: MRDIY  raised  RM540 million via its maiden bond issuance , with proceeds earmarked for refinancing, working capital and expansion plans. The ...

Nvidia surged higher as bullish options activity exploded, with traders placing  massive bets that the AI-driven rally still has room to run . What Happened NVIDIA  jumped about  5% , breaking above a key technical level known as a  “call wall” (~$205)  — often seen as resistance. At the same time: A trader  paid $57 million  for call options (bullish bet) The trade covers  524,000 shares at $195 strike Breakeven: $216.75  within ~72 days This means the buyer is betting Nvidia will  continue climbing significantly from current levels (~$205) . Smart Money Signal Another key move: A trader  sold put options  at  $202.50 Collected  $2.12 million premium  This is important because: Selling puts = betting the stock will NOT fall below that level Signal:  Big players see  $202–205 as a strong support zone Gamma Effect Supporting the Rally Gamma Flip level: ~$202.65 Nvidia is currently  above this level ...

Summary Intel surged to a new all-time high, but short sellers are stepping in aggressively, signaling growing doubts about how long the rally can last. Intel Rally Meets Resistance Intel  recently broke above  $100 for the first time , driven by strong AI momentum, partnerships, and positive market sentiment. However, behind the rally: Short volume jumped to 27.01M shares Represents  13.6% of total trading volume Highest among large-cap stocks tracked Key Insight: Big players are betting the stock may reverse soon Bearish Signals Are Building Technical indicators are flashing warning signs: 12 out of 15 indicators show bearish/overbought signals KDJ indicator flags the stock as  “severely overbought” Price has risen  too fast, too quickly Historically: There’s a  44% chance Intel drops the next day  at similar levels Key Insight: Momentum is strong, but overheating risk is rising Short Squeeze Risk Still in Play Despite bearish bets, there’s another t...

Intel  heads into its April 23 earnings with  rising investor expectations , but the key question remains whether  AI-driven CPU demand can offset ongoing margin weakness . Revenue Stable, But Margins Under Pressure Intel is expected to deliver  Q1 revenue around US$12.4 billion , slightly above the midpoint of its guidance range. However, the real concern lies in profitability: Gross margin guided at 34.5% , down from  39.2% a year ago EPS near breakeven (~US$0.00)  vs  US$0.13 last year This highlights  continued pressure from costs, utilisation, and product mix , despite improving demand signals. AI CPUs: A Key Growth Driver Intel’s near-term bullish case centers on  AI-related CPU demand , particularly its Xeon processors. A key development is its partnership with  Alphabet , which reinforces: Intel’s role in  AI data centre infrastructure Growing demand for  AI inference and general-purpose computing Investors will watch c...