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Forex Winner

Malaysian Stocks Continue to Rise

January 24, 2024 by Forex Winner Leave a Comment

Malaysian stocks saw an upward trend for the fourth consecutive session on Wednesday. The benchmark FTSE Bursa Malaysia KLCI MY:FBMKLCI experienced a 0.5% increase, reaching 1,504.10. Top Performers During this session, Sunway Bhd MY:5211, a prominent real estate/construction company, emerged as the biggest leader with a remarkable 5.7% gain. YTL Power International MY:6742 … [Read more...] about Malaysian Stocks Continue to Rise

LVMH Moet Hennessy Louis Vuitton Set to Report 2023 Results

January 24, 2024 by Forex Winner Leave a Comment

LVMH Moet Hennessy Louis Vuitton, the renowned French luxury conglomerate, is scheduled to release its 2023 financial results on Thursday. Here's what you need to know: Sales Forecast According to a poll of analysts' estimates compiled by FactSet, LVMH is expected to report sales of €85.83 billion ($93.16 billion) for the entire year. This reflects an increase from the €79.18 … [Read more...] about LVMH Moet Hennessy Louis Vuitton Set to Report 2023 Results

Alibaba Shares Surge as Jack Ma and Joe Tsai Buy More Stock

January 24, 2024 by Forex Winner Leave a Comment

Shares in Alibaba have experienced a surge in value following reports that the company's co-founder and former CEO, Jack Ma, has been buying up shares. While this could be seen as an endorsement of Alibaba's growth potential, there is a possibility that Ma could be falling into a value trap that has caught other investors in recent years. According to a report from the New York … [Read more...] about Alibaba Shares Surge as Jack Ma and Joe Tsai Buy More Stock

Chipotle Announces Expansion and New Benefits

January 24, 2024 by Forex Winner Leave a Comment

Chipotle Mexican Grill Inc. (CMG, -0.14%) has revealed plans to hire an additional 19,000 employees in preparation for its upcoming "burrito season." This hiring spree represents a significant increase of 27% compared to the 15,000 employees hired last year. With the busiest period running from March to May, the fast-casual restaurant is determined to meet the high demand. To … [Read more...] about Chipotle Announces Expansion and New Benefits

Producers of Metals Face Setback as Rising Treasury Yields Overshadow Strong Earnings

January 24, 2024 by Forex Winner Leave a Comment

Shares of metals producers and other raw material companies declined due to concerns over the potential impact of increasing Treasury yields, despite positive earnings reports. Freeport McMoRan: Driving Demand for Copper through Electrification and Sustainable Energy Trends Freeport McMoRan experienced a rise in share prices following an increase in copper sales volumes. This … [Read more...] about Producers of Metals Face Setback as Rising Treasury Yields Overshadow Strong Earnings

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