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Nvidia has been spending big, investing in it's customers, below are just the notable one:

1. Intel: $5 billion on September 18, 2025

2. CoreWeave: $2 billion in January 2026

3. Marvell Technology: $2 billion on March 31, 2026.

With a massive free cash in Nvidia pocket, year 2025 at ~$43.21 billion and year to date at $62.56 billion, they surely can spend. On the surface it looks like Nvidia is trying to strengthen the AI ecosystem. Others argue that Nvidia is engaging in a circular economy where money is just changing within themselves and the only thing expanding is AI bubble but not the economy.$NVIDIA(NVDA.US)$Netflix(NFLX.US)

I do not blame Iran for being suspicious of Trump. They were bombed by US on Jun 22, 2025 on 3 nuclear facilities and then on Feb 28, 2026, they were attacked by both Israel and US. Both events took place when US were negotiating with Iran. US and Iran signed a MOU in June 2026 for ceasefire just for US to start firing again, US claimed Iran breached the ceasefire. For now, Iran who rather negotiate with Oman, which they felt more trustworthy. Oil price has been is the decline since the news of ceasefire, declining from the peak of ~US$126 to US$70 per barrel since ceasefire news broke out. But price has been in the rise ~US$78 when Iran is saying that they are reaching a deal with Oman but won't open the Strait of Hormuz until US "behave", not sure how Iran is expecting the most erratic US president to do that, it means oil price will stays elevated!$NVIDIA(NVDA.US)$Netflix(NFLX.US)

Apple who is hailed as the king of supply chain where they manage to diversified supply chain and seek for the best price of components has to succumb to the high price of memory chip and shortage of advanced chip manufacturing for it's CPU, no thanks for explosive demand from AI. 2026Q3 earnings rose to US$109.42 billion, an increase of 16.4% which beats estimate of 15.5%. Customer grab more IPhones and Macbooks in anticipation of price increase. However what is worrying is the gloomy future forecast of slower sales due to supply constraint. Also impounding is App store showing slower growth, it rose 12.1% to US$30.74 billion, missing estimate of US$31.22 billion. Apple just reclaimed the title of the world's most valuable company and has risen 22% for this year alone they need to prove that they are still in control of what they used to manage flawlessly.$NVIDIA(NVDA.US)$Netflix(NFLX.US)

Samsung reported an explosive 250 fold increase on 2026Q2 operating profit. Revenue jumps 130% YOY and increases 28% quarterly to US$119 billion. HBM delivers the strongest sales by amounting to >60% of the revenue. The stocks rise 4% after this report but quickly drop to closed at 1% lower. It seems that this wonderful report still fails to stop the rout in the Korean stock market. Analysts expect this to continue until most of the investors who use leverage to invest are being flushed out. Is Korean memory stock uninvest able or investor just waiting to do bottom fishing?$SK Hynix(SKHY.US)

Boeing after suffering from the 737 Max 2 fatal crashed (2018 and 2019) and door plug issue which caused a blown door in mid air (2024) is slowly climbing back from his deepest crisis in quality control. The latest earnings Q2 2026 show an encouraging performance with rising revenue US$24.6 billion but profit missed expectations due to the cost overruns amounting to US$280 million of the yet to be delivered Air Force 1 for POTUS. Boeing won the contract for building 2 Air Force 1 with price tag of US$3.9 billion (2018) but it seems that they miscalculated the cost and has to bear every dollar of cost exceeding the contract price. I wonder how Boeing did their cost evaluation (again another quality issue) that not just did not earn them any profit but causing losses that affected quarter earnings!$Boeing(BA.US)$NVIDIA(NVDA.US)$Netflix(NFLX.US)

Kospi index has risen more than double since early 2025 (2399 at start of 2025 and 6023 as of 28 Jul), this is unprecended and an correction is expected.The rise of the index is caused retail investor leveraging on borrowed money which is not healthy. Kospi is very much consists of Skhynix and Samsung which were rocketed with their HBM product. Skhynix hold around 58% and Samsung 40% of market shares. To how low that the Kospi can go is anybody guess now. Currently, Skhynix ADR is cheaper than the IPO price of US$149, it might even get cheaper.$SK Hynix(SKHY.US)$NVIDIA(NVDA.US)$Netflix(NFLX.US)

Intel beat earnings at US$16.13 billion, a 25% increase from last year. However the share which was up 15% in post market after the earnings announcement was down 8% during market trading last Fri. CNBC's Jim Cramer vouched for this stock before the stock fell. The reason for the drop was the massive GAAP loss in the tuned of US$11 billion, the other reason was the current price is already up by 150% this year alone and at this price, investor has priced a lot of good news and once some bad news came, it just poked the bubble.$Intel(INTC.US)

Netflix woos deepen. After the stock slide on the propose intention to buy Paramount, at the time it was the worry that the huge purchase bill amounting to US$83 billion will weigh down on its gearing, stock down by ~18%, then it was co-founder Reed Hastings who exited Netflix, another ~10% down. And now a slightly above expectation Q2 2026 earning but with a bleak forecast, another ~7% down. The only good news were when the stock split of 10-1 on 30 Oct, 2025, stock rose by ~2% and the termination of Paramount purchase, stock rose ~14% on 26 Feb, 2026. It has dropped more than 40% from US$134 on June 2025 to the current US$68. Do you still believe in Netflix?

Warren Buffett, The Oracle of Omaha, has given over US$68 billion to charity and has planned to further give US$140 billion by 2034. He is the largest billionaire donor in the world and pledge to give 99.5% of his wealth. However, he spoke on the overvaluation of today stock market and thinks it hard to find any good bargain in current market. He liken the stock market as a church with a casino connected to it and investors as gamblers. The heighten valuation is mainly fueled by AI stocks and the current value of AI stocks is more than US$600 billion. If it pops, it will be very ugly. Let's hope the most successful investor is wrong this time!

US SK Hynix stock drop by 9% and the Korea counterpart dropped by 15.37% just in Monday. The dropped was so severe that now the Kospi has entered a bear market, dropping 20 to 30% from it highest record. This is despite that it is still the world best performance stocks market. Analyst sees that SK Hynix won't have so much bargaining power when selling High Bandwidth Memory (HBM) to AI companies who will sign long term agreement to secure stock and tame price fluctuation. This is unlike the DDR ram that is determined by market forces and it's price has rocketed 3 to 4 times. Some analyst are beginning to advice that investor who has profited to the recent AI boom to exit their position and switch to healthcare or some other conventional industries.$SK Hynix(SKHY.US)

Is it a bubble or a healthy sell off? Micron has fallen 17.5% after announcing the 2026Q2 earnings. But it rebounded and was boosted by the listing of Sk Hynix in Nasdap. Micron stock has risen more than 9 times in the past 1 year. To me the valuation is stretched but not to some the analysts. They expect the memory shortage to continue until 2027! AI has created an explosive demand on high memory bandwidth (HBM) so much so that some player like Samsung have shifted from focusing on DDR5 ram to HBM. This has resulted in price increase of technology products due to DDR5 supply constraint. The only way to overcome this is by the memory players building more factories to increase output but this itself will take years. This is why Bank of America predicted that Micron stock still has room to rise, up till US$1550!$Micron Tech(MU.US)

Trump is clearly bullying Iran and thinking that this will lead them into submission. Iranians para military while just wearing slippers and robes, will still fight until their death. I wonder why Trump who wrote The Art Of The Deal would fair so badly in dealing with Iran for a deal. He owes everyone who bought his book a refund!

Oil jumps nearly 6% and the stock market wobbles again. The only consolation is Technology index Nasdaq recovered 0.2% after sell off of Samsung stocks.

Trump clearly is doing insider trading. Just a day before he make an overhaul to his Liberation Day Tariff, there were 327 stock purchases on Apr 8, 2025 and the next day, S&P jumped 9.5%, the best day ever. He bought a lot of shares in Nvidia, Apple, Amazon and Microsoft. On Apr 9, Apple itself jumped 15%, again the best day ever since listed. When accused of insider trading, White House spokeswoman claimed the president is a highly successful businessman but there is no conflict of interest as other people is managing his money. Together with stocks, crypto and other revenue, Trump collected US$2.24 billion. For the same reason that Trump is a successful businessman it is unthinkable that he is not finding every opportunity to profit from his position. Just that instead of mere millions, he seeks billions.$Amazon(AMZN.US)$Microsoft(MSFT.US)$NVIDIA(NVDA.US)

Price of Crypto have been in the downward spiral. No thanks to rumors that US Federal Reserve will be hiking interest rate due to high inflation in the US. Keeping them do not earn any interest so in the environment that is anticipating a rate hike, people rush to sell unproductive asset and move it to fixed deposit and enjoy interest regardless of the market condition. Bitcoin is now around US$60k, it hit highest at US$126K on Oct 2025. Bitcoin dropped was also attributed to investors recycling their funds from crypto to AI stocks. AI stocks are all the focus now but they are also not immune from risks of over investment. But both of them are here to stay even as they face sell off or even crashes.

If you look at Mag7 performance for the past 1 year, you would be forgiven for thinking that they belong to sunset industry, this is despite that the AI tech run is still running at full speed. Top among them are Microsoft who lost around 33% from it peak, closely follow is Tesla with 32% dropped. The hardware marker related to AI like Micron and Broadcom has performance that easily outdone any of the Mag7. Core among the reasons lies in whether Microsoft (spend $146 - $190 billion), Amazon (spend $200 billion) and Alphabet (spend $175 - 185 billion) shopping spree in AI infrastructure can generate any tangible return. Their stock current price provide an opportunity for bargain hunter but it comes with risks.$Alphabet(GOOGL.US)$Microsoft(MSFT.US)$Amazon(AMZN.US)

Wilmar has been involved in a series of scandals, here is a brief breakdown:

Apr 2024: Wilmar’s Indonesia subsidiaries has been fined Usd738mil for a palm oil export permit corruption case

Nov 2025: Wilmar’s subsidiary Yihai (Guangzhou) Oils & Grains Industries Co Ltd was ordered by Chinese authority to pay them around Usd270mil in fine for contractual fraud

May 2026: Wilmar’s related company in Russia has been seized by Russian court for breaching anti-corruption law, the company is valued at Usd310.9mi

May 2026: Wilmar is being suspected of under invoicing by the authority of Indonesia, investigation is still undergoing.

Wilmar is appealing all of the above cases with the respective authority. Its share price has plunged to under Sgd3 on Jun 18, 2026 but was able to recover a fair bit.

These cases exposed the lack of corporate governance in Wilmar.$Wilmar(F34.SG)

Apple suddenly announce a price a steep price hike due to the increase of memory price. The hike is steep, the increase on their popular product, iPad Air: +25.0%; MacBook Air: +18.2%; This is unreasonable since memory is an existing component but the hike is so much that it is as though Apple is upgrading a main component in those products. No wonder the price of Apple stock fell by 6.1%, Apple share will be on the defensive side in near term as people try to find alternatives.$Apple(AAPL.US)

China, has been banned from US advance technology and later US Commerce Secretary, Howard Lutnick tried to ask China to buy some of Nvidia 4th grade Gpu, like H20 so that China would be addicted to the American technology stack. China after feeling insulted even blocks the sales of more advanced H200 Nvidia Gpu. For technological independence, Huawei has already produced Ascend to compete against Nvidia Gpu. Prior to the export banned, Nvidia has a monopoly of China Gpu market at 95%, but now it drops to 0. Nvidia lost a Usd15 billion China market and in return it is confronted with a formidable new competitor.

SpaceX is the largest IPO in history. But it is not the largest in terms of order book SpaceX has accumulated usd100 bil but compared to some of the recent Chinese IPO, it is still small. China chipmaker MetaX Integrated Circuits Shanghai Co's IPO in 2025 drew in usd444 bil! Mixue, the popular tea and ice cream serving chain debuted in Hong Kong with usd230 bil. Chinese investors can't be underestimated for their ability to move the market.

Everyone has been captivated by SpaceX last week the largest IPO in history. SpaceX has the unique position to claim as the dominant company that explores the vast potential of space by using reusable rockets and making a quick turnaround for consequence launch and even planning of building data centers in space. Starlink is another business that SpaceX dominates. But they are not without competition, Amazon's Project Kuiper hopes to offer the same service as Starlink and Amazon's founder Jeff Bezos has started Blue Origin that is used by Nasa for the moon mission. And for building a data center in space, it looks promising but will remain far fetched for now.

Trump claims that agreement has been reached with Iran, is this time for real? It has been 38 times that Trump claimed agreement with Iran is imminent. Hard to believe that Iranians who have lost their fatherly figure, Ayatollah Ali Khamenei and have been attacked by the US and Israel unprovoked will still capitulate to the US. This news is surely a welcome for the stock market, although analysts say it will take months or years for things to return to normal. No war is better than a war, stock will rise and I can't complain.

Do you have a trading strategist idol? Cathie Wood is not stranger to the investment community. Her Ark-invest ETF has staged a convincing comeback in the last 24 months although still not as good as 2021, her best ever. She is also a discipline trader who will sell a stock even when it is rising if she thinks it is already over value. She sold AMD in months of Apr, May and June amounting to >Usd250 mill and then poured that money into Space X for a staggering Usd440 mil and also Usd64 mil into Nvidia. Hope her move is right!

Broadcom is yet another victim of its success. Despite beating the analyst number, the share still dropped drastically due to stagnant projection. Do you think that the share pulling back is a healthy correction or it is a sign of a bubble. It dragged down Nvidia and other AI related stocks. Another theory is the fund manager trying to pull out from AI and get into next week's blockbuster IPO of SpaceX. Whatever is the narrative, I am keeping my discipline of investing only 30% of my asset in stock.

Netflix stock has been falling, it was not due to any adversity but rather market expectation. Although it's latest quarter result for eps at $1.23 beating analyst expectation by 55%, the market sees the Netflix's next quarter prediction as underwhelming. In the field of high growth stock, scoring good result no longer enough, it is like Asian parents who expect their kid to not just excel in academic but also extra curricular. They are expecting almost perfection. Perhaps this is the way to keep the stock from forming bubble that can burst whenever there is a turn in event.

Netflix stock has been falling, it was not due to any adversity but rather market expectation. Although it's latest quarter result for eps at $1.23 beating analyst expectation by 55%, the market sees the Netflix's next quarter prediction as underwhelming. In the field of high growth stock, scoring good result no longer enough, it is like Asian parents who expect their kid to not just excel in academic but also extra curricular. They are expecting almost perfection. Perhaps this is the way to keep the stock from forming bubble that can burst whenever there is a turn in event.