Today: 13 June 2026
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MYX:MAXIS 15 May 2025

Kuala Lumpur’s Lightning-Fast Internet: Blazing Speeds or Overhyped Connection?

Kuala Lumpur’s Lightning-Fast Internet: Blazing Speeds or Overhyped Connection?

By early 2024, 3.32 million of Malaysia’s 4.19 million premises had fiber broadband, with Kuala Lumpur a key focus under the JENDELA program. 5G coverage in KL surpassed 80% by end-2023, with indoor signals at major sites. Telekom Malaysia’s Unifi leads fiber, while a second 5G network aims for 80% population coverage by 2026. Typical fixed broadband speeds in KL start at 100 Mbps for RM79–RM99 per month.

Stock Market Today

  • Andersen Group Poised to Gain from SpaceX IPO Wealth Surge, Says Baird
    June 13, 2026, 11:13 AM EDT. Wealth advisor Andersen Group (ANDG) stands to benefit significantly from the SpaceX IPO, which created thousands of new millionaires and multiple billionaires. Baird highlights a surge in wealth among SpaceX employees, fueling demand for luxury goods and services, including real estate and high-end travel. Andersen's stock has jumped 46% year-to-date and gained 8% on Friday after the IPO. Baird anticipates the firm will expand its client base notably in California and Texas, with potential further gains from upcoming Silicon Valley IPOs. Among seven analysts covering Andersen, five rate it a buy or strong buy, with an average price target offering 6% upside.

Latest articles

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

13 June 2026
Annaly Capital Management hiked its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6% at Friday’s $22.00 close; shares finished nearly flat as investors weighed the higher payout against ongoing interest rate and mortgage market risks, with analyst consensus showing a “Moderate Buy” and an average 12-month price target of $24.22.
Verizon rises as Dow strength returns VZ to dividend spotlight

Verizon rises as Dow strength returns VZ to dividend spotlight

13 June 2026
Verizon surged 2.49% to $48.11 Friday, lifting the Dow as investors favored dividend payers ahead of the July 24 earnings event; with a 5.9% yield and improved postpaid phone adds, the stock trades at 9.6–9.7 times expected 2026 earnings, but heavy debt and limited analyst upside keep risk-reward balanced.
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