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Moving on, here are the news that shocked the world…

Apple $AAPL ( ▲ 0.47% ) : Apple will be shipping more iPhone units than Samsung this year, and is projected to grab a 19.7% market share. IPhone 17 sales have been strong since September [Read More] 🤯 

Broadcom $AVGO ( ▲ 1.36% ) : Broadcom has been getting investors attention as it helps design and supplies Alphabet’s in-house tensor processing unit that are used to power Gemini 3 [Read More]

Meta X Alphabet $META ( ▲ 2.26% )  $GOOGL ( ▲ 0.07% ) : Meta is considering to purchase Google’s tensor processing units to power its own AI model, following the release of the now market leader Gemini 3 [Read More]

Dell $DELL ( ▲ 0.07% ): Dell is dialing it up. Revenue and earnings per share for 3Q 2025 were up by 11% and 17% respectively and they are projected to deliver more AI chips in 4Q [Read More]

Abercrombie & Fitch $ANF ( ▲ 2.87% ) : 3Q results exceeded expectations. Revenue grew by 7%, boosted by its Hollister brand, while the holiday season is expected to boost sales [Read More]

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Here are the news covering the Asia market…

Meituan $MEIT ( 0.0% ): Amid an intense price war, Meituan posted a loss of CNY18.6 billion but revenue rose by 2% [Read More]

BRC Asia: BRC Asia’s 3Q 2025 results was a bit mixed. While revenue grew by 16% boosted by more construction work, profits are down by 5% [Read More]

Infinity Development IPO: Infinity Development, a Hong Kong glue maker, is trying to list in the Singapore market to raise US$13.7 million [Read More]

Kimly: The coffee C is still hot. Kimly’s 3Q revenue and profit were slightly up by 0.9% and 3.8% as it opens new coffee shop, food court and industrial canteen [Read More]

ASL Marine: ASL Marine’s revenue and profit grew by 12% and 13% respectively, boosted by shipbuilding repair, conversion and engineering services [Read More]

See below for our handpicked analyst reports:

What is Xi Jinping up to?

The stock of the week is definitely Broadcom.

On 24 November, share price rose by 11% as investors picked up on the fact that it was designing and supplying the tensor processing units for Alphabet to power Gemini 3.

• In last week’s newsletter, we highlighted the emergence of Alphabet’s Gemini 3 AI model that is currently the market leader.

Broadcom has been on everyone’s radar. It has partnered with OpenAI to create its own custom AI chips also in October 2025.

Share price is up by 68.4% year-to-date.

What we are really positive about Broadcom is how flexible its production and design capabilities are in the AI space.

Granted, Nvidia is still the market leader and everyone still relies on them.

But it’s great that there is competition in the market. That keeps everyone honest about their AI investments and investors won’t blindly reward them.

Broadcom has been delivering 20% average quarterly growth in 2025, and most of them were driven by AI chips demand.

• It is actually on track to deliver the highest ever annual profit of US$19 billion.

According to SimplyWallSt’s DCF valuation, Broadcom is currently 30.5% undervalued.

Hope the above is fruitful for you all..

Cheers,
James Yeo