Month: February 2024

Microsoft Eclipses Energy Sector

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🚨 🚨 Big Doesn’t Mean More Profits: With a $3 trillion market cap, Microsoft is twice the size of the entire energy sector in the S&P 500, which generates double Microsoft’s annual free cash flow
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Meta Downsizes In Singapore

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🇸🇬 🇸🇬 Meta Platforms Inc. is giving up its lease for seven floors of office space in Singapore that’s set to expire at the end of September
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Will The Yuan Go Above 7.20?

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🇨🇳 🇨🇳 Chinese Yuan: “If they let the fixings go and let it move higher than 7.20 that’s a signal that they’re accommodating a weaker currency and that opens up room for them to cut rates as well,” said Bank of America’s Adarsh Sinha, co-head of Asia foreign-exchange and rates strategy in Hong Kong
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Frame AI Glasses

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👓 👓 The Frame AI glasses are touted as the world’s first glasses with an integrated multimodal AI assistant. They are powered by your smartphone and operate on tye cellular or Wi-Fi network that it’s connected to
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Look At Cyclical Value Stocks

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🇺🇸 🇺🇸 It might be time to get in to cyclical value stocks—financials, industrials, materials, real estate, and energy—as these sectors look oversold
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Mondelez: Buy The Dip

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🍪 🍪 Nearly three-quarters of Mondelez’s business is from outside the U.S., with about 40% from emerging markets. It’s that exposure to EM—where consumers are more interested in indulging than slimming down—that has helped Mondelez become one of the more consistent snack companies
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Ringgit Plunges To Record Low

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🇲🇾 🇲🇾 BREAKING: RINGGIT PLUNGES TO 4.7825 CLOSE TO 4.79 RECORD LOW AGAINST THE DOLLAR
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Bitcoin Rises Above $45K

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🚨 🚨 Bitcoin rises above $45,000, its highest level in almost a month
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