It’s interesting that Genting’s stock price is moving up despite the negative headline for its earnings report. Apparently investors’ sentiments improved because its non-gaming revenue grew 6% yoy despite weaker tourism conditions. The drop in profits was mainly attributable to lower interest income, depreciation and expenditure on asset refresh. Refreshed assets will hopefully bring in more non-gaming revenue when completed.
☕️ [Task Coins Giveaway] Daily Market Talk — Nvidia Trims OpenAI Bet as SG Exports Jump
Nvidia is scaling back a massive AI bet: the Wall Street Journal reported the chipmaker is cutting its financing guarantee for OpenAI's Ohio data center from $250B to under $120B, even as it disclosed...
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
