Kaohoon Morning Brief – 19 March 2024

Krungsri Securities (KSS) expected Thailand’s SET Index to move within the range of 1,375-1,395 points, as traders slowed down investment prior to the US Federal Reserve meeting on Tuesday and Wednesday that is expected to maintain at 5.5%. However, a rise in crude oil prices after Iraq and Saudi Arabia were reportedly limiting oil distribution to 3.3 million barrels a day, and stocks with unique catalysts should help push the index higher.

 

Several media were reporting yesterday that Apple is exploring partnerships with Google and has also been in talks with OpenAl to acquire Generative Al models to power several features in its iPhones.

Analysts at Wall Street said the potential deal would help both companies in different ways.

 

Nvidia on Monday revealed a new generation of its recent development in artificial intelligence chips and software for running artificial intelligence models. The announcement was made during Nvidia’s developer’s conference in San Jose, as the global leading chipmaker continues to reaffirm its stance as top chip supplier for AI companies.