KUALA LUMPUR: MCA president Datuk Seri Dr Wee Ka Siong has voiced concern over the pending expiry of Tunku Abdul Rahman University of Management and Technology's (TAR UMT) tax-exempt status on Dec 31, warning that the Inland Revenue Board (IRB) has yet to app…
S&P + Nasdaq new ATH; ceasefire extended. BA obliterated estimates (loss −$0.20 vs −$0.69), beat Airbus on deliveries, +5%. TSLA EPS beat, auto GM 19.2%, robotaxi live 3 cities, +3% AH. IBM beat all lines but held guidance, −6% AH. SKORE: BA 7.2 · TSLA 6.2 · IBM 6.8
As I went thru the rounds, there was one chart that looked like it was giving away the next move. Perhaps I should’ve done a Saturday update but I’m thick in it for preparing my presentation at the Money Masters Symposium.
Ceasefire expiry eve; S&P −0.6%; Trump extended it after close. UNH +7%: MCR 83.9% −90 bps, turnaround confirmed, guide raised to $18.25. GE orders +87%, EPS beat 16%—but no guide raise on Iran; stock −5%. SKORE: GE 7.8 · UNH 7.5.
US seized Iranian vessel; oil +5.5%; Nasdaq 13-day streak snapped. STLD record shipments, op. income +73%, Q2 guide $3.86; ZION EPS beat, credit 0.03%, NII guide +7–8%; AGNC spread beat but book −5.6% (already +6% in Apr). SKORE: ZION 7.1 · STLD 7.3 · AGNC 5.8
