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MYX:TENAGA 22 February 2026

Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus

Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus

The FBM KLCI closed up 0.72 point at 1,752.83 on Friday, lifted late by Maybank and CIMB. January trade rose 12.6% year-on-year to RM272.37 billion, with exports up 19.6%. Analysts expect the index to test 1,770 next week but warn of profit-taking. The ringgit is seen holding between RM3.90 and RM3.93 against the dollar as markets await U.S. data.

Stock Market Today

  • Calculate How a 22% Social Security Cut in 2032 Could Affect Your Retirement
    June 9, 2026, 12:45 PM EDT. The latest Social Security Trustees report projects a 22% reduction in benefits by 2032. This potential cut could significantly impact retirees relying on these payments. Understanding the exact effect on your retirement income is crucial for planning. Experts suggest evaluating your financial strategy now to adjust for possible decreased Social Security revenue. Early preparation can help mitigate risks tied to this forecasted decline in benefits.

Latest articles

BlackBerry Shares Stall After QNX Push

BlackBerry Shares Slip Ahead of Results — What’s Moving BB Today

9 June 2026
BlackBerry’s U.S. shares plunged 8.5% to $8.50 as investors braced for the June 25 earnings report, with focus on whether the company can meet its bullish Q1 revenue forecast of $132–$140 million, well above analysts’ estimates, after QNX’s 20% revenue jump and $950 million royalty backlog last quarter.
Chip Selloff Trips Up Wall Street’s AI Rally

Chip Selloff Trips Up Wall Street’s AI Rally

9 June 2026
Nasdaq and S&P 500 tumbled midday, erasing early chip-stock gains as tech shares slid; Philadelphia Semiconductor Index dropped 2% after jumping 3%, with Broadcom, Micron, and Nvidia under pressure. Investors await key inflation data Wednesday and SpaceX’s massive IPO, both seen as catalysts for further volatility amid concerns that high valuations in AI and tech could face profit-taking if rate fears persist.
Nintendo and Sanrio Stocks Get New AI Boost

Nintendo and Sanrio Stocks Get New AI Boost

9 June 2026
Nintendo hikes Switch 2 prices in Japan and the US, citing higher memory costs and tariffs expected to add 100 billion yen to annual expenses; investors now question whether Japan’s top entertainment brands like Nintendo and Sanrio can maintain valuations as AI-driven capital shifts toward chips and automation, pressuring stock selection even as the Nikkei rebounds 2.17% after Monday’s sharp drop.
Costco Drops Kirkland Prices While Prepping New Florida Warehouse

Costco Drops Kirkland Prices While Prepping New Florida Warehouse

9 June 2026
Costco slashed prices on select Kirkland Signature products by up to $10 as part of its strategy to boost membership renewals, but shares barely moved, last at $973.50, down $1.25, after Q3 net sales rose 11.6% to $69.15 billion and net income hit $2.19 billion; management emphasized the cuts are strategic, not a chainwide rollback, amid slowing paid membership growth and ongoing competitive pressure.
Paranovus Stock Rockets 620% as $195 Million Share-Sale Filing Changes the Story

Paranovus Stock Rockets 620% as $195 Million Share-Sale Filing Changes the Story

9 June 2026
Paranovus Entertainment shares soared 620% to $6.76 after filing to potentially sell up to $195 million in new stock—an amount far exceeding its $7.14 million market cap—raising major dilution risks for investors as the company eyes acquisitions but warns that future share sales could pressure the stock price or threaten operations.
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