Wealth Compass 财富导航

15/05/2026

*The Edge Malaysia : 14 May 2026*

THURSDAY, MAY 14, 2026

12/05/2026

*The Edge Malaysia : 12 May 2026*

TUESDAY, MAY 12, 2026

08/05/2026

💡 *5 Things You Need To Know Today*: 💡

1. *The US trade court ruled against President Trump’s latest 10% global tariffs, finding they were not justified under Section 122 of the 1974 Trade Act,* although the decision only blocks the levies for two small businesses and Washington state while the tariffs remain in place for other importers pending appeal amid broader legal challenges over executive trade authority.

2. *The US and Iran exchanged fire in the most serious test of their month-long ceasefire, with both sides accusing each other of attacks near the Strait of Hormuz,* although Washington said it does not seek escalation and Tehran later stated the situation had returned to normal amid ongoing negotiations over a broader proposal to end the conflict.

3. *McDonald’s reported better-than-expected 1Q earnings with revenue of USD 6.52 billion and EPS of USD 2.83,* but warned that higher fuel prices linked to the Iran conflict are pressuring low-income consumers and margins, leading to softer early 2Q sales despite ongoing value-focused promotions and global expansion plans.

4. *Airbnb and Expedia beat 1Q revenue expectations but warned that the prolonged Middle East conflict is pressuring travel demand through cancellations and weaker bookings across Europe, the Middle East, and Asia,* with Expedia guiding for softer 2Q bookings while Airbnb expects slower near-term growth despite maintaining its full-year outlook.

5. *Nvidia will invest up to USD 2.1 billion in AI-focused cloud operator IREN through a broader partnership to deploy up to 5 gigawatts of AI infrastructure,* highlighting continued hyperscale AI spending momentum as demand for computing capacity accelerates across data centers and large-scale AI model development.

✅ *Key Takeaways*:
US non-farm payrolls data for April will be released on Friday, and on the surface at least, there is little to worry about. Quite the opposite - weekly jobless claims are the lowest since the 1960s, "JOLTS" hiring ⁠is at the fastest pace in six years, and the 4.3% unemployment rate is historically low.

💡 *今日须知五件事：* 💡

1. *美国贸易法院裁定特朗普总统（President Trump）最新实施的10%全球关税不符合1974年《贸易法》第122条（Section 122 of the 1974 Trade Act）的授权范围*，不过该裁决目前仅适用于两家小型企业及华盛顿州，其余进口商仍须继续缴纳相关关税，直至上诉程序完成；与此同时，围绕总统贸易权力的更广泛法律挑战仍在持续。

2. *美国与伊朗在一个月停火协议后爆发最严重交火，双方互相指责对方在霍尔木兹海峡（Strait of Hormuz）附近发动袭击*，不过华盛顿表示无意升级局势，而德黑兰随后称局势已恢复正常，双方仍继续就更全面的停战方案展开谈判。

3. *麦当劳（McDonald’s）第一季度业绩优于预期，营收达65.2亿美元，每股盈利（EPS）为2.83美元*，但公司警告，与伊朗冲突相关的燃油价格上涨正挤压低收入消费者支出及利润率，导致第二季度初销售表现疲弱，尽管公司仍持续推出价值导向促销及推进全球扩张计划。

4. *爱彼迎（Airbnb）与亿客行（Expedia）第一季度营收均优于预期，但指出持续的中东冲突正通过取消订单及预订放缓，打击欧洲、中东及亚洲的旅游需求*，其中亿客行预计第二季度预订将趋软，而爱彼迎则预期短期增长放缓，但维持全年展望不变。

5. *英伟达（Nvidia）将向专注人工智能的云服务运营商IREN投资最高21亿美元，以支持双方合作部署高达5吉瓦的人工智能基础设施*，凸显大型科技企业持续加码人工智能支出，以及数据中心与大型人工智能模型开发对算力需求的快速增长。

✅ *关键要点：*

美国4月非农就业数据将于周五公布，从目前情况来看，劳动力市场依然稳健。每周初请失业金人数处于1960年代以来低位，“JOLTS”职位招聘速度则创下六年来最快，而4.3%的失业率亦处于历史低水平。

08/05/2026

📣 *Daily Market Brew* 📣

*Friday, May 8, 2026*

*Wall Street drew breath as chip stocks gave up gains.*

🇺🇸 S&P 500: 7,337 (-0.38%) 📉
🇺🇸 NASDAQ: 25,806 (-0.13%) 📉
🇪🇺 STOXX 600: 616 (-1.10%) 📉
🇯🇵 Nikkei 225: 62,834 (5.58%) 📈
🇭🇰 Hang Seng: 26,626 (1.57%) 📈
🇨🇳 CSI 300: 4,901 (0.48%) 📈
🇸🇬 STI: 4,942 (0.30%) 📈
🇲🇾 FBM KLCI: 1,759 (0.11%) 📈
🇲🇾 FBM Small Cap: 15,731 (-0.11%) 📉

(returns in local currency terms, data as of 7 May 2026)

• *US equities closed lower, with the S&P 500 and Nasdaq Composite index slipping -0.4% and -0.1%, respectively,* with Intel and other chip stocks retreating after a recent rally, while uncertainty around US-Iran peace talks weighed on the wider market.

• *US initial jobless claims rose modestly by 10,000 to 200,000 last week, while continuing claims fell to a 15-month low of 1.77 million,* signalling a still-resilient labour market that reinforces expectations for the Federal Reserve to keep interest rates unchanged despite geopolitical and oil price risks from the Iran conflict.

• *Asia Pacific markets rose higher, with the CSI 300 and Hang Seng Index surging 0.5% and 1.6%, respectively,* driven by optimism that the Middle East hostilities will conclude soon, alongside easing oil prices and artificial intelligence-driven enthusiasm.

• *FBM KLCI index extended its rally, gaining 0.1% to close at 1,758.85,* supported by continued buying in banking heavyweights following Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) at 2.75%.

• *Bank Negara Malaysia kept the OPR unchanged at 2.75% as expected, maintaining a cautious stance amid ongoing Middle East geopolitical tensions,* while signalling that inflation risks from higher global commodity prices remain manageable due to fuel subsidies, price controls, and resilient domestic economic fundamentals.

💡 *Events Ahead*: 💡

• To wrap up the week, *Japan’s S&P Services PMI*, *Malaysia’s industrial production y/y*, as well as the *US unemployment rate* will be released on *Friday*.

📣 * 每日市场快讯* 📣

*2026年5月8日，星期五*

芯片股涨势降温，华尔街小幅回落

🇺🇸 标普500指数：7,337（-0.38%）📉
🇺🇸 纳斯达克综合指数：25,806（-0.13%）📉
🇪🇺 欧洲STOXX 600指数：616（-1.10%）📉
🇯🇵 日经225指数：62,834（+5.58%）📈
🇭🇰 恒生指数：26,626（+1.57%）📈
🇨🇳 沪深300指数：4,901（+0.48%）📈
🇸🇬 新加坡海峡时报指数：4,942（+0.30%）📈
🇲🇾 富时大马综合指数：1,759（+0.11%）📈
🇲🇾 富时大马小型股指数：15,731（-0.11%）📉

（以上为本地货币计算回报，数据截至2026年5月7日）

* *美国股市收低，标普500指数与纳斯达克综合指数分别下跌 -0.4% 与 -0.1%*，英特尔及其他芯片股在近期上涨后出现回调，同时市场对美伊和平谈判前景的不确定性拖累整体情绪。

* *美国上周初请失业金人数小幅增加1万人至20万人，而持续领取失业救济人数则降至177万人，为15个月以来最低水平*，显示劳动力市场仍具韧性，并强化市场对美联储在伊朗冲突及油价风险下维持利率不变的预期。

* *亚太市场普遍走高，沪深300指数与恒生指数分别上涨0.5%与1.6%*，受市场憧憬中东冲突即将结束、油价回落及人工智能热潮持续带动。

* *富时大马综合指数延续涨势，上涨0.1%至1,758.85点*，国家银行维持隔夜政策利率于2.75%不变后，银行权重股继续获得买盘支撑。

* *马来西亚国家银行维持隔夜政策利率于2.75%不变，符合市场预期，并在中东地缘政治紧张局势持续下维持谨慎立场；同时指出，在燃油补贴、价格管制及国内经济基本面稳健支撑下，全球大宗商品价格上涨带来的通胀风险仍属可控。

💡 *未来事件：* 💡

- *周五* 将公布 *日本标普全球服务业采购经理指数、马来西亚工业生产同比及美国失业率*。

08/05/2026

*The Edge Malaysia : 8 May 2026*

FRIDAY, MAY 08, 2026

07/05/2026

💡 *5 Things You Need To Know Today*: 💡

1. *Tehran is reviewing a US peace proposal that could formally end the Gulf war and pave the way for talks on reopening the Strait of Hormuz, sanctions relief, and limits on Iran’s nuclear programme,* though key issues including uranium stockpiles, missile activity, and regional proxy support remain unresolved, while oil prices fell sharply on hopes of de-escalation.

2. *Disney beat earnings expectations with EPS of USD 1.57 on revenue of UDS 25.2 billion,* while new CEO Josh D’Amaro outlined a strategy focused on streaming growth, sports monetisation, and continued investment in parks and cruises, alongside a forecast of about 12% EPS growth in FY2026 despite softer sports income and mixed theme park trends.

3. *Novo Nordisk beat Q1 profit forecasts with adjusted operating profit of DKK 32.86 billion and raised its full-year guidance range,* driven by stronger-than-expected early US sales of its new obesity pill, which reached DKK 2.26 billion, supporting a rebound in investor sentiment despite ongoing pricing pressure and competitive rivalry with Eli Lilly.

4. *SpaceX has proposed an initial UDS 55 billion investment for a Texas “Terafab” semiconductor complex with Tesla,* potentially scaling to USD 119 billion to secure in-house chip and GPU production for AI, robotics, and data centers, while reducing reliance on external suppliers such as TSMC and Samsung amid ex*****on and timeline uncertainties.

5. *Frontken Corporation’s 1QFY2026 net profit rose 36% y/y to RM42.4 million on 43% revenue growth to RM189.8 million,* supported by stronger semiconductor demand in Taiwan and a sharp recovery in Malaysia’s oil and gas-related services, with management expecting sustained activity from advanced chip demand and elevated crude prices despite geopolitical risks.

✅ *Key Takeaways*:
Wall Street has surged in recent weeks, with investors looking beyond the ⁠Middle East conflict and instead focusing on a strong first-quarter earnings season

💡 *今日须知五件事：*💡

1. *德黑兰正审议美国提出的和平方案，该方案或将正式结束海湾战争，并为重启霍尔木兹海峡（Strait of Hormuz）、解除制裁以及限制伊朗核计划的谈判铺路，* 不过包括浓缩铀库存、导弹活动及区域代理势力支持等关键问题仍未解决；与此同时，市场对局势降温的预期推动油价大幅下跌。

2. *迪士尼（Disney）业绩优于市场预期，每股盈利达1.57美元，营收为252亿美元，* 新任首席执行官乔什·达马罗（Josh D’Amaro）提出以串流媒体增长、体育业务变现及持续投资主题公园与邮轮业务为核心的发展策略，并预计2026财年每股盈利增长约12%，尽管体育收入趋软且主题公园表现分化。

3. *诺和诺德（Novo Nordisk）第一季度盈利优于预期，经调整营业利润达328.6亿丹麦克朗，并上调全年业绩指引区间，* 受其新型减肥药在美国市场销售表现优于预期带动，销售额达22.6亿丹麦克朗；尽管面对持续价格压力及与礼来（Eli Lilly）的竞争，投资者情绪仍有所改善。

4. *SpaceX已提议与特斯拉（Tesla）共同投资初步550亿美元，在得州建设“Terafab”半导体园区，* 相关投资规模未来或扩大至1,190亿美元，以确保人工智能、机器人及数据中心所需的芯片与图形处理器实现内部生产，同时减少对台积电（TSMC）及三星（Samsung）等外部供应商的依赖，不过项目执行及时间表仍存在不确定性。

5. *富科（Frontken Corporation）2026财年第一季度净利润同比增长36%至4,240万令吉，营收则同比增长43%至1.898亿令吉，* 受台湾半导体需求走强及马来西亚油气相关服务业务显著复苏带动。管理层预计在先进芯片需求及高油价支撑下，业务活动将维持稳健，尽管地缘政治风险仍然存在。

✅ *关键要点：*

华尔街近期持续走高，投资者逐渐淡化中东冲突带来的影响，转而聚焦于强劲的第一季度业绩表现。

07/05/2026

📣 *Daily Market Brew* 📣

*Thursday, May 7, 2026*

*Wall Street rose as AI chip stocks rallied amid hopes of an end to the Middle East war.*

🇺🇸 S&P 500: 7,365 (1.46%) 📈
🇺🇸 NASDAQ: 25,839 (2.02%) 📈
🇪🇺 STOXX 600: 623 (2.22%) 📈
🇯🇵 Nikkei 225: 59,513 (0.00%) Market Closed
🇭🇰 Hang Seng: 26,214 (1.22%) 📈
🇨🇳 CSI 300: 4,877 (1.45%) 📈
🇸🇬 STI: 4,927 (0.14%) 📈
🇲🇾 FBM KLCI: 1,757 (0.54%) 📈
🇲🇾 FBM Small Cap: 15,748 (0.54%) 📈

(returns in local currency terms, data as of 6 May 2026)

• *US equities surged to record-high, with the S&P 500 and Nasdaq Composite rising 1.5% and 2.0%, respectively,* buoyed by signs of a resolution in the Middle East conflict, while strong earnings from Advanced Micro Devices sparked a rally in chipmakers and other AI-related stocks.

• ⁠*Eurozone services activity fell into contraction in April, with the PMI dropping to 47.6,* as weakening demand and a sharp decline in export business reflected the growing drag from Middle East-related energy shocks and travel disruptions, pushing the broader economy back below expansion levels.

• *Asia Pacific markets closed higher, with the CSI 300 and Hang Seng Index rising 1.5% and 1.2%*, respectively, with the technology-heavy Star Market in Shanghai surging 5.5% to put the gauge within striking distance of its all-time high set in 2020, after US President Donald Trump said he would hold off on a contentious es**rt operation in the Strait of Hormuz.

• *China’s services sector expanded at a faster pace in April, with PMI rising to 52.6,* driven by stronger domestic demand, although weak external demand, rising input costs, and continued price discounting point to margin pressure and an uneven recovery.

• *FBM KLCI index extended its rally, gaining 0.5% to close at 1,756.87,* as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities.

💡 *Events Ahead*: 💡

• *Thursday* features *Malaysia Interest rate decision*, and the *US initial jobless claims*.

• To wrap up the week, *Japan’s S&P Services PMI*, *Malaysia’s industrial production y/y*, as well as the *US unemployment rate* will be released on *Friday*.

📣 *每日市场快讯* 📣

*2026年5月7日，星期四*

*市场对中东战争结束预期升温，带动华尔街走高，AI 芯片股领涨*

🇺🇸 标普500指数：7,365（+1.46%）📈
🇺🇸 纳斯达克综合指数：25,839（+2.02%）📈
🇪🇺 欧洲STOXX 600指数：623（+2.22%）📈
🇯🇵 日经225指数：休市
🇭🇰 恒生指数：26,214（+1.22%）📈
🇨🇳 沪深300指数：4,877（+1.45%）📈
🇸🇬 新加坡海峡时报指数：4,927（+0.14%）📈
🇲🇾 富时大马综合指数：1,757（+0.54%）📈
🇲🇾 富时大马小型股指数：15,748（+0.54%）📈

（以上为本地货币计算回报，数据截至2026年5月6日）

* *美国股市飙升至历史新高，标普500指数与纳斯达克综合指数分别上涨1.5%与2.0%，* 受中东冲突有望缓解的迹象提振，同时超威半导体强劲业绩带动芯片制造商及其他人工智能相关股票上涨。

* *欧元区4月服务业活动陷入萎缩，采购经理指数降至47.6，* 因需求转弱及出口业务大幅下滑，反映中东能源冲击及旅游干扰带来的拖累加剧，使整体经济重新跌回收缩区间。

* *亚太市场普遍收高，沪深300指数与恒生指数分别上涨1.5%与1.2%，* 其中上海科创板指数大涨5.5%，逼近2020年创下的历史高位；此前美国总统特朗普表示，将暂缓在霍尔木兹海峡展开具争议性的护航行动。

* *中国4月服务业扩张步伐加快，采购经理指数升至52.6，* 受国内需求改善带动；不过外部需求疲弱、投入成本上涨及持续价格折扣，仍显示利润率受压及经济复苏不均衡。

* *富时大马综合指数延续涨势，上涨0.5%至1,756.87点，* 随着西亚局势缓和，整体市场情绪改善，并带动区域股市风险偏好升温。

💡 *未来事件：* 💡

- *周四* 将公布 *马来西亚利率决议及美国初请失业金人数*。

- *周五* 将公布 *日本标普全球服务业采购经理指数、马来西亚工业生产同比及美国失业率*。

07/05/2026

*The Edge Malaysia : 7 May 2026*

THURSDAY, MAY 07, 2026

06/05/2026

*The Edge Malaysia : 6 May 2026*

WEDNESDAY, MAY 06, 2026

05/05/2026

💡 *5 Things You Need To Know Today*: 💡

1. *Iran launched missile and drone attacks on the UAE since ceasefire, engaging at least 12 ballistic missiles, 3 cruise missiles and 4 drones,* while US forces sank six Iranian boats in the Strait of Hormuz, escalating tensions and driving oil prices higher amid fears of broader economic disruption.

2. *Palantir raised its FY2026 revenue guidance to USD 7.65–7.66 billion after 1Q revenue surged 85% to USD 1.63 billion (beating estimates),* driven by strong demand across both US government (+84%) and commercial (+133%) segments, as AI adoption in defense and enterprise accelerates.

3. *Amazon is launching “Supply Chain Services” to external clients, leveraging its network of 100+ cargo planes and extensive logistics infrastructure to enter the high-margin B2B shipping market,* expanding into end-to-end freight, warehousing and fulfillment solutions while intensifying competition with UPS and FedEx.

4. *Paramount Skydance reported a 59% y/y increase in 1Q EBITDA to USD 1.16 billion and beat EPS estimates,* driven by cost synergies and an 11% rise in streaming revenue, though 2Q revenue guidance of USD 6.75–6.95 billion came in below expectations due to the absence of major film releases and live events.

5. *GameStop launched a USD 56 billion bid for eBay, despite having only around USD 9 billion in cash and USD 4.2 billion in debt,* raising investor skepticism over financing viability as the offer implies a deal nearly four times its size and potentially the largest leveraged buyout on record.

✅ *Key Takeaways*:
The renewed nervousness about the Middle East conflict comes after the S&P 500 ⁠and Nasdaq hit record highs last Friday amid a stronger-than-expected quarterly earnings season.

💡 *今日须知五件事：* 💡

1. *伊朗在停火后向阿联酋发动导弹与无人机袭击*，共动用至少12枚弹道导弹、3枚巡航导弹及4架无人机；与此同时，美军在霍尔木兹海峡（Strait of Hormuz）击沉6艘伊朗船只，局势升级并推高油价，加剧对更广泛经济冲击的担忧。

2. *帕兰提尔（Palantir）上调2026财年收入指引至76.5亿-76.6亿美元*，此前第一季度收入同比高于预期，大增85%至16.3亿美元，受美国政府（+84%）及商业业务（+133%）需求强劲推动，反映人工智能在国防与企业领域的加速应用。

3. *亚马逊（Amazon）推出“供应链服务”对外业务*，利用其超过100架货运飞机及庞大物流网络进军高利润B2B运输市场，扩展至端到端货运、仓储与履约解决方案，同时加剧与联合包裹服务（UPS）及联邦快递（FedEx）的竞争。

4. *派拉蒙天舞（Paramount Skydance）第一季度息税折旧及摊销前利润（EBITDA）同比增长59%至11.6亿美元并超出每股收益（EPS）预期*，受成本协同及流媒体收入增长11%带动；不过由于缺乏大型电影上映及现场活动，第二季度收入指引调至67.5亿-69.5亿美元，低于市场预期。

5. *游戏驿站（GameStop）提出以560亿美元收购亿贝（eBay）*，尽管其仅拥有约90亿美元现金及42亿美元债务，引发市场对融资可行性的质疑；该报价接近其自身规模的四倍，或成为史上最大杠杆收购之一。

✅ *关键要点：*

在强于预期的财报季推动下，标普500指数与纳斯达克上周五创下历史新高，但中东局势再度紧张，令市场情绪重新趋于谨慎。