Publication – ICS Capital Berhad

U.S. Market

Zillow thought it could rule the housing market. It was very wrong.

Consumer Discretionary

How Tesla Gained $175 Billion in Value From Hertz’s $4 Billion Order. It Makes Perfect Sense.

Tesla ordered to pay former factory worker $130 million over racially hostile work environment

U.S. opens formal investigation into Tesla Autopilot system

Consumer Staples

Opinion: Six ‘reopening’ stocks, including Bumble and Wayfair, that company insiders absolutely love

Energy

Why the blockage of the Suez Canal matters for oil prices

Oil Can Stay Hot, but Some Stocks May Be Overcooked, Bank of America Says

Financials

Citigroup, Wells Fargo, Bank of America urge shareholders to vote against racial-equity audits

Healthcare

AstraZeneca now says its COVID-19 vaccine is 76% effective

Johnson & Johnson stock outperforms competitors despite losses on the day

Industrials

5 Aerospace Stocks That Will Take Flight Soon

Information Technology

How tech companies are bringing workers back to the office: Slowly and with ‘social’ incentives

Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price

Epic takes aim at Apple’s financial advantage in App Store model

Materials

Real Estate

Zillow thought it could rule the housing market. It was very wrong.

Is the U.S. housing market heading for a crash? Here’s what the experts say

Buy Opendoor Stock to Play the U.S. Housing Market, Citigroup Says

Others

Inflation is back in Wall Street’s crosshairs as the U.S. economy surges again

U.S. stock futures shoot higher after strong jobs report

Tech Has a Starring Role in Biden’s Infrastructure Plan. Here Are 15 Stocks That Could Benefit.

HONG KONG Market

Evergrande onshore unit expects to pay bond interest on time

Chinese regulators look to break up Ant Group’s Alipay: report

Goldman downgrades China growth, citing delta variant’s spread

China and Hong Kong stocks remain under pressure for a third day. Other Asian stocks rise amid Wall St records

China’s economic growth slows to still-robust 7.9% in second quarter

Didi spurned Chinese regulators, who wanted to delay its U.S. IPO