{"id":70608,"date":"2025-06-26T18:16:54","date_gmt":"2025-06-26T10:16:54","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=70608"},"modified":"2025-06-26T18:16:55","modified_gmt":"2025-06-26T10:16:55","slug":"technical-analysis-27-june-2025","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/researchstg\/technical-analysis-27-june-2025\/","title":{"rendered":"Technical Analysis &#8211; 27 June 2025"},"content":{"rendered":"\n<p class=\"has-cyan-bluish-gray-background-color has-background wp-block-paragraph\" id=\"top\"><a href=\"#us\">United States<\/a> |<a href=\"#sg\"> Singapore<\/a> |<a href=\"#hk\"> Hong Kong<\/a> |<a href=\"#ea\" title=\"\"> Earnings<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"us\"><a id=\"post-49726-_5ifytjpamge8\"><\/a><img fetchpriority=\"high\" decoding=\"async\" title=\"us\" width=\"637\" height=\"135\" class=\"alignnone wp-image-49827\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2024\/08\/word-image-136.png\" alt=\"\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2024\/08\/word-image-136.png 637w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2024\/08\/word-image-136-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">Ambarella Inc. (AMBA US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"2446\" height=\"1351\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-182.png\" alt=\"A graph of stock market\n\nAI-generated content may be incorrect.\" class=\"wp-image-70677\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-182.png 2446w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-182-300x166.png 300w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-182-1024x566.png 1024w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-182-768x424.png 768w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-182-1536x848.png 1536w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-182-2048x1131.png 2048w\" sizes=\"(max-width: 2446px) 100vw, 2446px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a high since February 2025 with more volume. 5dEMA just crossed the 200dEMA and the 20dEMA just crossed the 50dEMA. <br>  <\/li>\n\n\n\n<li>MACD is positive, RSI is constructive.<br>  <\/li>\n\n\n\n<li><strong>Long \u2013 Entry 64, Target 72, Stop 60<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-70.png\" alt=\"A line in a white background\n\nDescription automatically generated\" class=\"wp-image-70678\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-70.png 637w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-70-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">ASML Holding N.V. (ASML US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2446\" height=\"1351\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-26.png\" alt=\"A screenshot of a graph\n\nAI-generated content may be incorrect.\" class=\"wp-image-70679\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-26.png 2446w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-26-300x166.png 300w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-26-1024x566.png 1024w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-26-768x424.png 768w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-26-1536x848.png 1536w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-26-2048x1131.png 2048w\" sizes=\"(max-width: 2446px) 100vw, 2446px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a high since October 2024. 50dEMA is about to cross the 200dEMA. <br>  <\/li>\n\n\n\n<li>MACD is positive, RSI is constructive.<br>  <\/li>\n\n\n\n<li><strong>Long \u2013 Entry 805, Target 885, Stop 765<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\" title=\"\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-4.png\" alt=\"\" class=\"wp-image-70680\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-4.png 637w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-4-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"sg\"><a id=\"post-70608-_q3z2pzaup3mw\"><\/a><figure><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-5.png\" class=\"wp-image-70681\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-5.png 637w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-5-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">AEM Holdings Ltd. (AEM SP)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2446\" height=\"1351\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-183.png\" alt=\"A graph of stock market\n\nAI-generated content may be incorrect.\" class=\"wp-image-70682\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-183.png 2446w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-183-300x166.png 300w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-183-1024x566.png 1024w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-183-768x424.png 768w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-183-1536x848.png 1536w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-183-2048x1131.png 2048w\" sizes=\"(max-width: 2446px) 100vw, 2446px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a high since February 2025 with a surge in volume. 5dEMA just crossed the 20dEMA and 50dEMA.<br>  <\/li>\n\n\n\n<li>MACD just turned positive, while RSI is at an overbought level.<br>  <\/li>\n\n\n\n<li><strong>Buy \u2013 Entry 1.40, Target 1.56, Stop 1.32<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-71.png\" alt=\"A line in a white background\n\nDescription automatically generated\" class=\"wp-image-70683\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-71.png 637w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-71-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Frencken Ltd. (FRKN SP)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2446\" height=\"1351\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-184.png\" alt=\"A graph of stock market\n\nAI-generated content may be incorrect.\" class=\"wp-image-70684\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-184.png 2446w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-184-300x166.png 300w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-184-1024x566.png 1024w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-184-768x424.png 768w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-184-1536x848.png 1536w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-graph-of-stock-market-ai-generated-content-may-184-2048x1131.png 2048w\" sizes=\"(max-width: 2446px) 100vw, 2446px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a high since December 2024 with a surge in volume. The 20dEMA just crossed the 200dEMA.<br>  <\/li>\n\n\n\n<li>MACD is about to turn positive, RSI is constructive.<br>  <\/li>\n\n\n\n<li><strong>Buy \u2013 Entry 1.20 Target 1.34, Stop 1.13<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\" title=\"\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-9.png\" alt=\"\" class=\"wp-image-70685\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-9.png 637w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-9-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"hk\"><a id=\"post-70608-_ox2yqx6nkukc\"><\/a><figure><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-10.png\" class=\"wp-image-70686\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-10.png 637w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-10-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">MGM China Holdings Ltd (2282 HK)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1535\" height=\"850\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-27.png\" alt=\"A screenshot of a graph\n\nAI-generated content may be incorrect.\" class=\"wp-image-70687\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-27.png 1535w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-27-300x166.png 300w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-27-1024x567.png 1024w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-27-768x425.png 768w\" sizes=\"(max-width: 1535px) 100vw, 1535px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at an eight-months high above the 5dEMA with rising volume.<br>  <\/li>\n\n\n\n<li>MACD is positive, while RSI is at an overbought level.<br>  <\/li>\n\n\n\n<li><strong>Long <\/strong>\u2013 <strong>Entry 12.5 Target 13.5, Stop 12.0<\/strong><br>    <br><br>    <br><br>    <figure><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"160\" class=\"wp-image-70688\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-35.jpeg\" alt=\"A line in a white background\n\nDescription automatically generated\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-35.jpeg 752w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-line-in-a-white-background-description-automati-35-300x64.jpeg 300w\" sizes=\"(max-width: 752px) 100vw, 752px\" \/><\/figure><br>  <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Galaxy Entertainment Group Ltd (27 HK)  <figure><img loading=\"lazy\" decoding=\"async\" width=\"1535\" height=\"850\" alt=\"A screenshot of a graph\n\nAI-generated content may be incorrect.\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-28.png\" class=\"wp-image-70689\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-28.png 1535w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-28-300x166.png 300w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-28-1024x567.png 1024w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/a-screenshot-of-a-graph-ai-generated-content-may-28-768x425.png 768w\" sizes=\"(max-width: 1535px) 100vw, 1535px\" \/><\/figure><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a six-months high above the 5dEMA with rising volume.<br>  <\/li>\n\n\n\n<li>RSI is constructive and MACD is positive. <br>  <\/li>\n\n\n\n<li><strong>Long \u2013 Entry 35.4, Target 38.0, Stop 34.1<\/strong><br>    <br><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\" title=\"\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-14.png\" alt=\"\" class=\"wp-image-70690\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-14.png 637w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-14-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"ea\"><img loading=\"lazy\" decoding=\"async\" width=\"601\" height=\"108\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-15.png\" alt=\"\" class=\"wp-image-70691\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-15.png 601w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/word-image-70608-15-300x54.png 300w\" sizes=\"(max-width: 601px) 100vw, 601px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>General Mills Inc. (GIS)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>4Q25 Revenue: <\/strong>$4.56B, -3.2% YoY, miss estimates by $40M<br>  <\/li>\n\n\n\n<li><strong>4Q25 Non-GAAP EPS: <\/strong>$0.74, beat estimates by $0.03<br>  <\/li>\n\n\n\n<li><strong>FY26 Guidance: <\/strong>Expect adjusted EPS down 10% to 15% from FY25\u2019s $4.21, with the entire range below the $3.90 expectation. Organic net sales are seen declining 1% to growing 1%, while analysts expect 0.1% growth.<br>  <\/li>\n\n\n\n<li><strong>Comment:<\/strong> General Mills issued weaker-than-expected annual profit guidance, citing soft U.S. demand for refrigerated baked goods and snacks amid tariff-driven economic uncertainty. Sales in its North America retail segment fell 10%, offsetting a 12% increase in its pet food division. Its CEO pointed to ongoing volatility from tariffs, global conflicts, and shifting regulations, which continue to drive consumers toward value purchases. Fourth-quarter revenue came in at US$4.56bn, just below expectations, while adjusted earnings per share of US$0.74 slightly exceeded forecasts. The company expects fiscal 2026 adjusted EPS to decline 10% to 15% YoY, with organic net sales projected to range from a 1% decline to 1% growth. Increased marketing and product investment, particularly in its Blue Buffalo pet food line, are expected to weigh on margins in the near term. Despite these headwinds, General Mills is laying the groundwork for long-term resilience through innovation in high-growth categories and a sharper focus on affordability. However, in the near term, margin pressure and a shift in consumer preference toward private-label brands are likely to continue weighing on performance. <strong>1Q26<\/strong> <strong>recommended trading range: $40 to $55. Neutral Outlook. <\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u901a\u7528\u78e8\u574a\u516c\u53f8(GIS)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>25\u8d22\u5e74\u7b2c\u56db\u5b63\u5ea6\u8425\u6536\uff1a<\/strong>45.6\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u4e0b\u964d3.2%\uff0c\u4f4e\u4e8e\u9884\u671f4,000\u4e07\u7f8e\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u7b2c\u56db\u5b63\u5ea6Non-GAAP\u6bcf\u80a1\u6536\u76ca\uff1a<\/strong>0.74\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f0.03\u7f8e\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>26\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u5c06\u6bd425\u8d22\u5e74\u76844.21\u7f8e\u5143\u4e0b\u964d10%\u81f315%\uff0c\u6574\u4e2a\u8303\u56f4\u4f4e\u4e8e3.90\u7f8e\u5143\u7684\u9884\u671f\u3002\u9884\u8ba1\u6709\u673a\u51c0\u9500\u552e\u5c06\u4e0b\u964d1%\u81f3\u589e\u957f1%\uff0c\u800c\u5206\u6790\u5e08\u9884\u671f\u4e3a0.1%\u7684\u589e\u957f\u3002<br>  <\/li>\n\n\n\n<li><strong>\u77ed\u8bc4\uff1a<\/strong>\u901a\u7528\u78e8\u574a\u53d1\u5e03\u4e86\u4f4e\u4e8e\u9884\u671f\u7684\u5e74\u5ea6\u5229\u6da6\u6307\u5f15\uff0c\u539f\u56e0\u662f\u7f8e\u56fd\u5bf9\u51b7\u85cf\u70d8\u7119\u98df\u54c1\u548c\u96f6\u98df\u7684\u9700\u6c42\u75b2\u8f6f\uff0c\u53d7\u5173\u7a0e\u9a71\u52a8\u7684\u7ecf\u6d4e\u4e0d\u786e\u5b9a\u6027\u5f71\u54cd\u3002\u5176\u5317\u7f8e\u96f6\u552e\u90e8\u95e8\u9500\u552e\u4e0b\u964d10%\uff0c\u62b5\u6d88\u4e86\u5ba0\u7269\u98df\u54c1\u90e8\u95e812%\u7684\u589e\u957f\u3002\u9996\u5e2d\u6267\u884c\u5b98\u6307\u51fa\uff0c\u5173\u7a0e\u3001\u5168\u7403\u51b2\u7a81\u548c\u6cd5\u89c4\u53d8\u5316\u5e26\u6765\u7684\u6301\u7eed\u6ce2\u52a8\uff0c\u4fc3\u4f7f\u6d88\u8d39\u8005\u66f4\u52a0\u5173\u6ce8\u6027\u4ef7\u6bd4\u3002\u7b2c\u56db\u5b63\u5ea6\u8425\u6536\u4e3a45.6\u4ebf\u7f8e\u5143\uff0c\u7565\u4f4e\u4e8e\u9884\u671f\uff0c\u800c\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u4e3a0.74\u7f8e\u5143\uff0c\u7a0d\u5fae\u8d85\u8fc7\u9884\u6d4b\u3002\u516c\u53f8\u9884\u8ba12026\u8d22\u5e74\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u5c06\u540c\u6bd4\u4e0b\u964d10%\u81f315%\uff0c\u6709\u673a\u51c0\u9500\u552e\u9884\u8ba1\u5728\u4e0b\u964d1%\u81f3\u589e\u957f1%\u4e4b\u95f4\u3002\u589e\u52a0\u7684\u5e02\u573a\u8425\u9500\u548c\u4ea7\u54c1\u6295\u8d44\uff0c\u7279\u522b\u662f\u5728\u5176Blue Buffalo\u5ba0\u7269\u98df\u54c1\u7cfb\u5217\u4e2d\uff0c\u9884\u8ba1\u5c06\u5728\u77ed\u671f\u5185\u5bf9\u5229\u6da6\u7387\u9020\u6210\u538b\u529b\u3002\u5c3d\u7ba1\u9762\u4e34\u8fd9\u4e9b\u6311\u6218\uff0c\u901a\u7528\u78e8\u574a\u6b63\u901a\u8fc7\u521b\u65b0\u9ad8\u589e\u957f\u7c7b\u522b\u548c\u66f4\u4e13\u6ce8\u4e8e\u53ef\u8d1f\u62c5\u6027\u6765\u4e3a\u957f\u671f\u97e7\u6027\u5960\u5b9a\u57fa\u7840\u3002\u7136\u800c\uff0c\u77ed\u671f\u5185\uff0c\u5229\u6da6\u7387\u538b\u529b\u548c\u6d88\u8d39\u8005\u5411\u81ea\u6709\u54c1\u724c\u8f6c\u79fb\u7684\u8d8b\u52bf\u53ef\u80fd\u7ee7\u7eed\u5f71\u54cd\u4e1a\u7ee9\u3002<strong>26\u8d22\u5e74\u7b2c\u4e00\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a40\u7f8e\u5143\u81f355\u7f8e\u5143\u3002\u4e2d\u6027\u524d\u666f\u3002<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Micron Technology Inc. (MU)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>3Q25 Revenue: <\/strong>$9.3B, +36.6% YoY, beat estimates by $450M<br>  <\/li>\n\n\n\n<li><strong>3Q25 Non-GAAP EPS: <\/strong>$1.91, beat estimates by $0.30<br>  <\/li>\n\n\n\n<li><strong>4Q25 Guidance:<\/strong> Expect revenue of $10.7B, plus or minus $300M, compared with analysts\u2019 average estimate of $9.88B. The company expects an adjusted gross margin of about 42%, plus or minus 1%, above average analysts\u2019 estimates of an adjusted gross margin of 39.15%.<br>  <\/li>\n\n\n\n<li><strong>Dividend distribution:<\/strong> Declared $0.115\/share quarterly dividend, in line with previous, payable July 22; for shareholders of record July 7.<br>  <\/li>\n\n\n\n<li><strong>Comment:<\/strong> Micron Technology delivered strong third-quarter results, with revenue of US$9.3bn and adjusted earnings of US$1.91 per share, exceeding analyst expectations. The company forecast even stronger fourth-quarter revenue of US$10.7bn, citing surging demand for its high-bandwidth memory (HBM) chips used in AI hardware. Sales of HBM chips rose 50% QoQ, driven by investments from cloud giants like Google in expanding AI infrastructure. As one of only three global providers of HBM, Micron is capitalizing on this momentum by launching a dedicated cloud memory business unit to focus on hyperscaler needs and AI-driven data processing. With AI adoption accelerating across cloud and data center environments, Micron is well-positioned for sustained growth. Its continued investment in HBM technology and focus on high-performance memory solutions for hyperscalers could drive long-term revenue expansion. As demand for AI infrastructure scales, Micron is likely to see increased market share and profitability, particularly as it leverages its strategic position in the high-bandwidth memory market. <strong>4Q25<\/strong> <strong>recommended trading range: $125 to $140. Positive Outlook. <\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7f8e\u5149\u79d1\u6280\u516c\u53f8 (MU\uff09<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>25\u8d22\u5e74\u7b2c\u4e09\u5b63\u5ea6\u8425\u6536\uff1a<\/strong>93\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f36.6%\uff0c\u8d85\u51fa\u9884\u671f4.5\u4ebf\u7f8e\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u7b2c\u4e09\u5b63\u5ea6Non-GAAP\u6bcf\u80a1\u6536\u76ca\uff1a<\/strong>1.91\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f0.30\u7f8e\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u7b2c\u56db\u5b63\u5ea6\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u8425\u6536\u4e3a107\u4ebf\u7f8e\u5143\uff0c\u8bef\u5dee\u8303\u56f4\u52a0\u51cf3\u4ebf\u7f8e\u5143\uff0c\u5206\u6790\u5e08\u5e73\u5747\u9884\u671f\u4e3a98.8\u4ebf\u7f8e\u5143\u3002\u516c\u53f8\u9884\u8ba1\u8c03\u6574\u540e\u6bdb\u5229\u7387\u7ea6\u4e3a42%\uff0c\u8bef\u5dee\u8303\u56f4\u52a0\u51cf1%\uff0c\u9ad8\u4e8e\u5206\u6790\u5e08\u9884\u671f\u768439.15%\u7684\u8c03\u6574\u540e\u6bdb\u5229\u7387\u3002<br>  <\/li>\n\n\n\n<li><strong>\u80a1\u606f\u5206\u914d\uff1a<\/strong>\u5ba3\u5e03\u6bcf\u80a10.115\u7f8e\u5143\u7684\u5b63\u5ea6\u80a1\u606f\uff0c\u4e0e\u4e4b\u524d\u6301\u5e73\uff1b\u5c06\u4e8e7\u670822\u65e5\u652f\u4ed8\uff1b\u80a1\u6743\u767b\u8bb0\u65e5\u4e3a7\u67087\u65e5\u3002<br>  <\/li>\n\n\n\n<li><strong>\u77ed\u8bc4\uff1a<\/strong>\u7f8e\u5149\u79d1\u6280\u53d1\u5e03\u4e86\u5f3a\u52b2\u7684\u7b2c\u4e09\u5b63\u5ea6\u4e1a\u7ee9\uff0c\u8425\u6536\u4e3a93\u4ebf\u7f8e\u5143\uff0c\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u4e3a1.91\u7f8e\u5143\uff0c\u8d85\u8fc7\u4e86\u5206\u6790\u5e08\u7684\u9884\u671f\u3002\u516c\u53f8\u9884\u6d4b\u7b2c\u56db\u5b63\u5ea6\u8425\u6536\u5c06\u66f4\u5f3a\u52b2\uff0c\u8fbe\u5230107\u4ebf\u7f8e\u5143\uff0c\u539f\u56e0\u662f\u7528\u4e8e\u4eba\u5de5\u667a\u80fd\u786c\u4ef6\u7684\u9ad8\u5e26\u5bbd\u5185\u5b58\uff08HBM\uff09\u82af\u7247\u9700\u6c42\u6fc0\u589e\u3002HBM\u82af\u7247\u7684\u9500\u552e\u73af\u6bd4\u589e\u957f50%\uff0c\u53d7\u8c37\u6b4c\u7b49\u4e91\u8ba1\u7b97\u5de8\u5934\u5728\u62d3\u5c55\u4eba\u5de5\u667a\u80fd\u57fa\u7840\u8bbe\u65bd\u65b9\u9762\u7684\u6295\u8d44\u63a8\u52a8\u3002\u4f5c\u4e3a\u5168\u7403\u4ec5\u6709\u7684\u4e09\u5bb6HBM\u4f9b\u5e94\u5546\u4e4b\u4e00\uff0c\u7f8e\u5149\u6b63\u5728\u5229\u7528\u8fd9\u4e00\u52bf\u5934\uff0c\u63a8\u51fa\u4e13\u95e8\u7684\u4e91\u5185\u5b58\u4e1a\u52a1\u90e8\u95e8\uff0c\u4e13\u6ce8\u4e8e\u8d85\u5927\u89c4\u6a21\u9700\u6c42\u548c\u57fa\u4e8e\u4eba\u5de5\u667a\u80fd\u7684\u6570\u636e\u5904\u7406\u3002\u968f\u7740\u4eba\u5de5\u667a\u80fd\u5728\u4e91\u7aef\u548c\u6570\u636e\u4e2d\u5fc3\u73af\u5883\u4e2d\u7684\u52a0\u901f\u91c7\u7528\uff0c\u7f8e\u5149\u5728\u6301\u7eed\u589e\u957f\u65b9\u9762\u5904\u4e8e\u826f\u597d\u4f4d\u7f6e\u3002\u5176\u5728HBM\u6280\u672f\u4e0a\u7684\u6301\u7eed\u6295\u8d44\u4ee5\u53ca\u5bf9\u8d85\u5927\u89c4\u6a21\u5ba2\u6237\u9ad8\u6027\u80fd\u5185\u5b58\u89e3\u51b3\u65b9\u6848\u7684\u5173\u6ce8\uff0c\u53ef\u80fd\u63a8\u52a8\u957f\u671f\u8425\u6536\u589e\u957f\u3002\u968f\u7740\u5bf9\u4eba\u5de5\u667a\u80fd\u57fa\u7840\u8bbe\u65bd\u7684\u9700\u6c42\u6269\u5927\uff0c\u7f8e\u5149\u7684\u5e02\u573a\u4efd\u989d\u548c\u76c8\u5229\u80fd\u529b\u53ef\u80fd\u4f1a\u589e\u52a0\uff0c\u7279\u522b\u662f\u5229\u7528\u5176\u5728\u9ad8\u5e26\u5bbd\u5185\u5b58\u5e02\u573a\u7684\u6218\u7565\u5730\u4f4d\u3002<strong>25\u8d22\u5e74\u7b2c\u56db\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a125\u7f8e\u5143\u81f3140\u7f8e\u5143\u3002\u79ef\u6781\u524d\u666f\u3002<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-ed4e1152\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-075e5b76\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-0ad8dd24\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-buttons uagb-buttons__outer-wrap uagb-btn__default-btn uagb-btn-tablet__default-btn uagb-btn-mobile__default-btn uagb-block-dc1bd65c\"><div class=\"uagb-buttons__wrap uagb-buttons-layout-wrap \">\n<div class=\"wp-block-uagb-buttons-child uagb-buttons__outer-wrap uagb-block-2f4e392f wp-block-button\"><div class=\"uagb-button__wrapper\"><a class=\"uagb-buttons-repeater wp-block-button__link\" aria-label=\"\" href=\"https:\/\/www.kgieworld.sg\/securities\/contact-us\" rel=\"follow noopener\" target=\"_self\" role=\"button\"><div class=\"uagb-button__link\">Contact us to find out more<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-4467fd1f\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-fdd2c8c4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-56747-_fginbsn8cd1z\"><\/a><\/h3>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-27ad8851\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-62b24b08 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/www.whatsapp.com\/channel\/0029VayhkxMChq6JN6qO8x0B\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/1-1.png ,https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/1-1.png 780w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/1-1.png 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/1-1.png\" alt=\"\" class=\"uag-image-69995\" width=\"760\" height=\"208\" title=\"1\" loading=\"lazy\" role=\"img\"\/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-82e9f322 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/t.me\/kgisg\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/2.png ,https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/2.png 780w, https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/2.png 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/www.kgieworld.sg\/researchstg\/wp-content\/uploads\/2025\/06\/2.png\" alt=\"\" class=\"uag-image-69996\" width=\"760\" height=\"208\" title=\"2\" loading=\"lazy\" role=\"img\"\/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>United States | Singapore | Hong Kong | Earnings Ambarella Inc. (AMBA US) ASML Holding N.V. (ASML US) ^ Back To Top AEM Holdings Ltd. (AEM SP) Frencken Ltd. (FRKN SP) ^ Back To Top MGM China Holdings Ltd (2282 HK) Galaxy Entertainment Group Ltd (27 HK) ^ Back To Top General Mills Inc. (GIS) [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-70608","post","type-post","status-publish","format-standard","hentry","category-technical-analysis"],"aioseo_notices":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Jiong Han Lee","author_link":"https:\/\/www.kgieworld.sg\/researchstg\/author\/jionghan-leekgi-com\/"},"uagb_comment_info":0,"uagb_excerpt":"United States | Singapore | Hong Kong | Earnings Ambarella Inc. (AMBA US) ASML Holding N.V. (ASML US) ^ Back To Top AEM Holdings Ltd. (AEM SP) Frencken Ltd. (FRKN SP) ^ Back To Top MGM China Holdings Ltd (2282 HK) Galaxy Entertainment Group Ltd (27 HK) ^ Back To Top General Mills Inc. (GIS)&hellip;","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/posts\/70608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/comments?post=70608"}],"version-history":[{"count":1,"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/posts\/70608\/revisions"}],"predecessor-version":[{"id":70692,"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/posts\/70608\/revisions\/70692"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/media?parent=70608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/categories?post=70608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/researchstg\/wp-json\/wp\/v2\/tags?post=70608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}