Let the Money Talk

Broadcom will seek early European Union antitrust approval of its proposed $61 billion buy of cloud computing company VMware by pointing to competition from Amazon, Microsoft and Google. The deal is the second biggest globally so far this year and marks Broadcom's attempt to diversify its business into enterprise software. 

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

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In this episode, Phillip Securities Research's Senior Analyst, Terence Chua reports on Keppel Corp latest update.

The company recently announced that they has entered into an amended and restated framework deed with Borr Drilling. Resolution for the five rigs will de-risk KOM's inventory and deleverage KOM. All three jackup rigs will be delivered with full payments on delivery.

The latest amended and restated framework deed will see Keppel O&M de-risk inventory and deleverage.

The latest amended framework deed and Keppel O&M's latest contract win should enhance the KOM-SMM merger.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Spotify stock (SPOT) fell nearly 65% year-to-date as investors weighed the company's larger profitability struggles. The audio giant reported second quarter gross margins that disappointed at 24.6%, missing estimates of 25.2%.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

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Welcome to the Let the Money Talk podcast.

In this episode, Phillip Securities Head of Research, Paul Chew, reports on 4Q22 Singapore Equity Strategy. The research team are bearish for the 4Q22 quarter due to weakening economic momentum and rising interest rates. 

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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META Platforms unveiled its newest virtual-reality (VR) headset on Tuesday (Oct 11). The headset will cost US$1,500, three times the price of the Quest 2, which was launched in late 2020.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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AMD shares dropped 4% in after-hours trading, dragging down Nvidia and Intel by over 2%. Chipmakers are under pressure from COVID curbs in key PC market China and the Ukraine war. 

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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OPEC+ agreed to cut its collective output limit by 2 million barrels day as the group seeks to halt a slide in oil prices caused by the weakening global economy.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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In this episode, Phillip Securities Research's Senior Analyst, Jonathan Woo, initiate coverage on Spotify Technology S.A. with BUY rating, and target price of US$117.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Elon Musk is proposing to go ahead with his original offer of US$44 billion to take Twitter Inc. A deal would put the world's richest person in charge of one of the most influential media platforms and end months of litigation. The news comes ahead of a highly anticipated face-off between Musk and Twitter in Delaware's Court of Chancery on Oct 17.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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Sushi tokens have lost more than 95% of their value since March 2021. SushiSwap is currently valued at US$17 million, with the majority in its Sushi token. Grey was among five candidates who made it to the final round, and they debated two weeks ago. According to him, past leadership had underserved the project a little bit.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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