📡YTLP Power International • Shares of YTL Power International (YTLPOWR) rose 6.9% this morning, snapping a five-day losing streak on the back of better-than-expected earnings. (The Edge, 22 Aug) • The company concluded FY24 on a strong note, achieving a net profit of RM3.46B, a 70.8% increase from RM2.03b in the previous year. The growth was driven by improved performance in the power generation segment, which benefited from higher margins, reduced interest...
Tencent Cloud Security has launched a new "global security" solution featuring an AI security assistant. The platform combines CNAPP+SIEM, creating a unified security system with AI capabilities. This AI assistant provides features like alarm explanations and intelligent customer service. By incorporating data into a security knowledge corpus, Tencent Cloud Security builds a foundational model for enhanced security operations. Th...
UBS's smartphone survey shows stable global 12-month purchase intentions at 39%, slightly down from 41% in 2Q23. The global replacement cycle is now 2.48 years, with a narrower cycle in China. The forecast for global smartphone shipments in 2023/2024 is revised to 1.15 billion and 1.19 billion units, indicating a 4% YoY decline and a 3% hike. UBS expects the recovery to extend beyond 2024, reaching 1.21 billion units in 2025. UBS is optimistic about$XIAOMI-W (01810.HK)$, ...
1
Report
No comment yet
Sign in to post a comment
Market Insights
Warren Buffett Portfolio Warren Buffett Portfolio
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
Mysophobe : Voting rights