MONEY MASTER

Global markets are showing a clear rotation away from mega-cap tech into traditional sectors, lifting the Dow to record levels. However, Malaysia’s KLCI remains weak, facing technical resistance despite a stronger ringgit and stable global backdrop. Global markets are rotating but Malaysia is not benefiting. What’s Really Happening In the US, markets are diverging: Dow rising → driven by industrials and healthcare Nasdaq falling → dragged by Big Tech weakness Clear shift away from AI leaders into non-tech sectors At the same time in Malaysia: KLCI is struggling to gain momentum Market remains range-bound with cautious sentiment Technical resistance continues to cap upside Even with a stronger ringgit, equity sentiment remains fragile. Why? This tells us two important things: 1. Global rotation is underway Capital is moving out of crowded tech trades into more defensive or value sectors. 2. Malaysia lacks strong catalysts Unlike US industrials or AI markets, Bursa does not have a clear ...

Nvidia  CEO Jensen Huang has downplayed the recent tech stock selloff, calling it a  buying opportunity  and reaffirming that the  AI growth cycle is still in its early stages . Tech Selloff Driven by Rate and Valuation Concerns Global technology stocks have come under pressure amid: Rising interest rate concerns Fears of  overvaluation in AI-related stocks The  Kospi  fell as investors trimmed exposure to AI-driven names, which had previously led a strong global rally. Nvidia Signals Long-Term Confidence in AI Huang emphasized that the current market pullback does not reflect weakening fundamentals: AI infrastructure buildout is “just beginning” The sector remains in an  early investment phase He described the correction as a chance for investors to  accumulate positions at more attractive valuations . Strategic Partnership Strengthens AI Ecosystem Nvidia also announced a  multi-year collaboration  with  SK Hynix  to deve...

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...

Asian equities advanced for a second straight session, driven by  broadening gains in AI-linked sectors , even as  rising oil prices and geopolitical tensions  capped upside momentum. Tech and AI Stocks Lead Regional Gains The  MSCI Asia-Pacific Index  climbed  0.8% , putting markets on track for a  weekly gain . Key highlights: Nikkei 225   +2.7% (regional leader) SoftBank Group   +13%  on Arm-related strength Lenovo  hit a  26-year high The rally reflects  continued investor rotation into AI beneficiaries , beyond just leading chipmakers. AI Theme Expands Beyond Semiconductors Markets are increasingly pricing in  second-order AI beneficiaries , including: Memory and hardware suppliers Robotics and automation players Broader  enterprise adoption of AI solutions This signals a shift from  core infrastructure (chips)  to  downstream applications , supporting a wider range of stocks. Oil Rebounds, Li...

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...

India’s IT sector is facing a  deepening downturn , with over  US$115 billion in market value erased , as weak earnings and rising AI disruption shake investor confidence. Earnings Disappoint, Growth Outlook Weakens Recent results from major players have reinforced concerns: Infosys  guided  below-expectation revenue growth HCL Technologies  reported a  profit miss , triggering multiple downgrades The  Nifty IT Index  fell over  5% , hitting its  lowest level since mid-2023 , and is now  down ~25% in 2026 , making it the  worst-performing sector in India . Twin Headwinds: Macro Weakness and AI Disruption The sector is grappling with  two major challenges : Weak global demand Ongoing geopolitical tensions and economic uncertainty are  reducing discretionary IT spending Clients are  delaying large, multi-year projects Rapid rise of AI AI is  disrupting traditional outsourcing models Firms must  adapt quic...

Netflix  shares fell more than  8% in after-hours trading , as a  disappointing second-quarter outlook  and leadership changes outweighed otherwise solid first-quarter results. Weak Guidance Sparks Sell-Off Netflix forecast  Q2 earnings of US$0.78 per share , below analyst expectations of  US$0.84 , while revenue is projected at  US$12.57 billion , missing the  US$12.64 billion consensus . The weaker guidance raised concerns over  near-term growth momentum , triggering a sharp negative market reaction. Strong Q1 Performance Fails to Impress For the first quarter: Revenue rose 16% YoY to US$12.25 billion  (above estimates) Earnings surged 86% to US$1.23 per share However, earnings were boosted by a  US$2.8 billion one-off termination fee , reducing the quality of underlying growth. Operating margin improved to  32.3% , but still came in  below expectations (32.4%) , further dampening sentiment. Rising Costs and Strategic Sh...

Intel Corp  has emerged as one of the  hottest stocks in the market , delivering a stunning rally that added over  US$100 billion in market value  within days. Record Rally Signals Renewed Confidence Intel shares have surged  51% over eight consecutive sessions , marking the  strongest stretch in its history  and its best weekly gain since 2000. Year-to-date, the stock is now up  ~69% , building on last year’s  84% rally , as investors increasingly bet on a  successful turnaround strategy . Strategic Moves Drive Momentum The rally was fueled by a series of positive developments: A  US$14.2 billion buyback  of its Ireland chip facility stake from  Apollo Global Management Participation in  Elon Musk’s Terafab project , supplying chips for next-generation technologies A partnership with  Alphabet  to supply future  Xeon processors for data centres These moves signal a shift toward  expansion and stra...

Amazon (AMZN.US)  is showing  strong bullish momentum , with technical indicators suggesting the rally may have further room to run following a sharp rebound from recent lows. Strong Rebound From Key Support Levels Amazon shares have surged in recent sessions, climbing  over 11% this week , marking its  strongest weekly performance since early 2023 . The rally was triggered by a  double bottom formation near US$200 , a key psychological and technical support level. This pattern was reinforced by bullish candlestick signals, indicating a  potential trend reversal . The stock is currently trading around  US$238 , still about  10% below its 52-week high , leaving room for upside. Bullish Technical Patterns Emerging Several positive technical signals are now in play: Inverse head-and-shoulders pattern breakout Bullish island reversal , reclaiming the  200-day moving average Break above a  bear flag formation  on the weekly chart These p...

US markets extended losses as  rising oil prices and a sharp sell-off in tech stocks weighed on sentiment , overshadowing dovish signals from the Federal Reserve. Key Market Moves S&P 500 fell 0.4% to 6,343.72 Nasdaq dropped 0.7% to 20,794.64 Dow Jones rose 0.1% to 45,216.14 Key takeaway: Tech weakness and oil-driven inflation fears are dragging the broader market lower. What’s Driving the Sell-Off? 1. Oil Prices Surge Again Crude oil jumped  over 5% to around US$105 Driven by ongoing  US–Iran–Israel conflict Higher oil = higher inflation risk = pressure on equities 2. Tech Stocks Lead the Decline Heavy losses in AI, chip, and data-related names: Applied Digital : -13.5% AXT Inc : -13% Micron Technology : -9.9% Arm Holdings : -5% Intel : -4.5% Super Micro Computer : -4.1% AI and semiconductor stocks are facing profit-taking and valuation concerns 3. Fed Comments Not Enough to Lift Sentiment Jerome Powell  signaled no immediate rate hikes despite rising energy pri...

Emerging Asian markets came under heavy pressure on Monday as  persistent Middle East tensions kept oil prices elevated , driving risk aversion and accelerating capital outflows across the region. Broad Selloff Across Emerging Asia The  MSCI Emerging Asia Index fell 3% , extending its March decline to  over 11% , putting it on track for its  worst monthly performance since 2022 . Key markets led the downturn: South Korea’s Kospi plunged up to 6.4% Taiwan equities dropped as much as 3.2% Singapore and Philippines markets fell 2%–3% The selloff reflects mounting concerns over  prolonged geopolitical risks and inflation pressures . Oil Above US$110 Fuels Risk Aversion Oil prices remained  above US$110 per barrel , reinforcing fears of: Imported inflation across Asia Higher production and transport costs Slower economic growth While some Iranian supply may return to markets, investors remain focused on the  risk of further disruptions to energy infrastruct...

Emerging Asian equities advanced on Wednesday, led by strong gains in  South Korea and Taiwan’s technology sectors , as easing oil prices and optimism around artificial intelligence (AI) helped improve investor sentiment ahead of the  US Federal Reserve’s policy decision . Tech Stocks Drive Regional Gains Markets in  South Korea surged up to 4% , reaching their highest level since early March, while  Taiwan equities rose 1.7% , hitting a two-week high. The rally in these tech-heavy markets lifted the  MSCI Emerging Asia Index by 1.6% , as investors rotated back into  AI and semiconductor stocks , where earnings visibility remains strong. According to BNP Paribas Asset Management,  AI-driven demand and semiconductor strength  continue to underpin the region’s equity outlook despite broader uncertainties. ASEAN Markets Follow Higher The positive momentum extended across Southeast Asia: Singapore, Malaysia, and Thailand markets rose around 1% The...

Market  Snapshot US  equity  futures  moved  lower  Thursday  morning  as  rising  oil  prices  and  renewed  trade  tensions  weighed  on  investor  sentiment . Futures  indicated  a  cautious  start  to  the  session: Nasdaq 100  futures:   -0.45% S& P 500  futures:   -0.49% Dow  futures:   -0.61% The  decline  comes  as  Brent  crude  prices  surged ,  reflecting  ongoing  concerns  about  supply  disruptions  linked  to  the  Iran  conflict  and  tensions  in  the  Strait  of  Hormuz . Investors  are  also  digesting  new  trade  investigations  launched  by  Washington ,  which  could  lead  to  the  reinstatement  of...