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Apple (AAPL) -6.13% → its worst single-day performance in over a year; raised MacBook and iPad prices by $100-200 to offset memory costs, and hinted that iPhone price hikes are next.
As one of the Magnificent 7, Apple's products, namely computers, phones, and related mobile OS, are only slightly superior to others. The rise in retail prices will bring market volatility and affect the stock price.
Apple (AAPL) -6.13% → its worst single-day performance in over a year; raised MacBook and iPad prices by $100-200 to offset memory costs, and hinted that iPhone price hikes are next.
As one of the Magnificent 7, Apple's products, namely computers, phones, and related mobile OS, are only slightly superior to others. The rise in retail prices will bring market volatility and affect the stock price.
Micron (MU) announced its earnings report after the market close, with extremely strong performance. Revenue reached $41.46 billion, more than 4 times last year's $9.3 billion, nearly double the previous quarter's $23.86 billion, far exceeding expectations of about $35.84 billion. GAAP net income reached $28.24 billion ($24.67 per share), with a gross margin of 84.6%. Management guidance indicates next quarter's revenue will reach an astonishing approximately $50 billion, with a gross margin of about 86%, as AI memory demand continues to outstrip supply.
The growth rate of Micron's stock price is extraordinary, and amidst the excitement, there is inevitably some concern. With the stock price so high, who knows when a sharp turn might come?
Micron (MU) announced its earnings report after the market close, with extremely strong performance. Revenue reached $41.46 billion, more than 4 times last year's $9.3 billion, nearly double the previous quarter's $23.86 billion, far exceeding expectations of about $35.84 billion. GAAP net income reached $28.24 billion ($24.67 per share), with a gross margin of 84.6%. Management guidance indicates next quarter's revenue will reach an astonishing approximately $50 billion, with a gross margin of about 86%, as AI memory demand continues to outstrip supply.
The growth rate of Micron's stock price is extraordinary, and amidst the excitement, there is inevitably some concern. With the stock price so high, who knows when a sharp turn might come?
The Straits Times Index performed strongly, closing at 5,217 points (+0.22%). Despite heavy selling on Wall Street and in the Hong Kong market, Singapore's bank-heavy index barely moved, actually closing slightly higher. The local market has almost no direct exposure to the AI memory trade that triggered selling in the US and South Korea, so the Straits Times Index acted as a relatively safe haven. Large banks strengthened due to inflows of wealth management funds, firmly anchoring the index above the 5,000-point level.
I've been paying close attention to the movements of Singapore's three major bank stocks recently, they're very impressive 👍
The Straits Times Index performed strongly, closing at 5,217 points (+0.22%). Despite heavy selling on Wall Street and in the Hong Kong market, Singapore's bank-heavy index barely moved, actually closing slightly higher. The local market has almost no direct exposure to the AI memory trade that triggered selling in the US and South Korea, so the Straits Times Index acted as a relatively safe haven. Large banks strengthened due to inflows of wealth management funds, firmly anchoring the index above the 5,000-point level.
I've been paying close attention to the movements of Singapore's three major bank stocks recently, they're very impressive 👍
SpaceX (SPCX) -16.4% → closing price $154.60, falling for the third consecutive day, now below its closing price on its first day of listing on June 12; its first bond issuance as a public company has made holders uneasy.
After all, SpaceX burned so much money in its early stages, so worry and anxiety are inevitable.
SpaceX (SPCX) -16.4% → closing price $154.60, falling for the third consecutive day, now below its closing price on its first day of listing on June 12; its first bond issuance as a public company has made holders uneasy.
After all, SpaceX burned so much money in its early stages, so worry and anxiety are inevitable.
After climbing and pulling back last week, the Singapore stock market may see another adjustment this week.
The situation of the Israel-Palestine conflict has not improved yet. Will there still be opportunities for oil and gold prices? Let's continue to observe this week.
After climbing and pulling back last week, the Singapore stock market may see another adjustment this week.
The situation of the Israel-Palestine conflict has not improved yet. Will there still be opportunities for oil and gold prices? Let's continue to observe this week.
Singapore's non-oil domestic exports grew by +38.4% year-on-year, the fastest growth rate since 2003. Singapore's exports in May increased by +38.4% year-on-year, marking the fastest growth in over 20 years. Among them, electronics exports surged by a staggering +94.8% due to AI demand from hyperscalers like Microsoft, Meta, and Amazon (these companies' combined capital expenditure in 2026 will exceed S$897 billion). Non-oil domestic exports to the US alone grew by 80.9%.
There will also be a significant turnaround in oil-related exports next.
Recently, the three major bank stocks have performed exceptionally well 👍👍
Singapore's non-oil domestic exports grew by +38.4% year-on-year, the fastest growth rate since 2003. Singapore's exports in May increased by +38.4% year-on-year, marking the fastest growth in over 20 years. Among them, electronics exports surged by a staggering +94.8% due to AI demand from hyperscalers like Microsoft, Meta, and Amazon (these companies' combined capital expenditure in 2026 will exceed S$897 billion). Non-oil domestic exports to the US alone grew by 80.9%.
There will also be a significant turnaround in oil-related exports next.
Recently, the three major bank stocks have performed exceptionally well 👍👍
Oil prices fell after the Strait of Hormuz reopened, benefiting Singapore Airlines and importers. It's also good news for Singapore's energy exports.
Singapore stocks continued to rise this week.
Oil prices fell after the Strait of Hormuz reopened, benefiting Singapore Airlines and importers. It's also good news for Singapore's energy exports.
Singapore stocks continued to rise this week.
The Iran deal caused oil prices to plummet by about 7%, and Hong Kong airline stocks have already surged in response. In Singapore, SIA, SATS, and logistics REITs will all benefit from cheaper fuel and the reopening of the Strait of Hormuz route.
SIA's stock price has been under long-term pressure due to oil fuel prices and previous investments in India. Although it is a world-class airline, its stock price is still in a bearish trend.
The Iran deal caused oil prices to plummet by about 7%, and Hong Kong airline stocks have already surged in response. In Singapore, SIA, SATS, and logistics REITs will all benefit from cheaper fuel and the reopening of the Strait of Hormuz route.
SIA's stock price has been under long-term pressure due to oil fuel prices and previous investments in India. Although it is a world-class airline, its stock price is still in a bearish trend.
After Trump canceled the planned strike on Iran and said the deal was "basically done," with an expected signing over the weekend, oil prices plummeted, and gold reclaimed the $4,200 level. The risk of the Strait of Hormuz closing quickly faded.
Looking forward to SpaceX's deal gradually erasing the shadow of the earlier Middle East conflict.
If oil prices fall back, gold continues to rebound, the dollar appreciates, and market confidence recovers, everything can be expected.
After Trump canceled the planned strike on Iran and said the deal was "basically done," with an expected signing over the weekend, oil prices plummeted, and gold reclaimed the $4,200 level. The risk of the Strait of Hormuz closing quickly faded.
Looking forward to SpaceX's deal gradually erasing the shadow of the earlier Middle East conflict.
If oil prices fall back, gold continues to rebound, the dollar appreciates, and market confidence recovers, everything can be expected.
US CPI hit 4.2% YoY (May), a 3-year high, driven by an energy surge tied to the conflict; but core CPI was a soft +0.2% MoM (below the +0.3% forecast). Hot headline inflation killed rate-cut hopes.
US CPI index reached a 3-year high driven by oil prices, making Fed rate cuts unlikely. Will the new chairman still raise rates?
US CPI hit 4.2% YoY (May), a 3-year high, driven by an energy surge tied to the conflict; but core CPI was a soft +0.2% MoM (below the +0.3% forecast). Hot headline inflation killed rate-cut hopes.
US CPI index reached a 3-year high driven by oil prices, making Fed rate cuts unlikely. Will the new chairman still raise rates?
Oracle (ORCL) reports Q4 FY2026 tonight after US market close
US stocks fell last night, what will the trend be for Oracle's earnings report after the market closes tonight? Recently, US stocks have been fluctuating, it's really hard to understand.
Oracle (ORCL) reports Q4 FY2026 tonight after US market close
US stocks fell last night, what will the trend be for Oracle's earnings report after the market closes tonight? Recently, US stocks have been fluctuating, it's really hard to understand.
Singapore's hiring sentiment fell to +13% for Q3 2026, the lowest since Q4 2021 (vs Asia Pacific +28%, global +26%).
Singapore's stock market was affected by the US market last Friday, suffering a significant drop on Monday. Coupled with declining employment data, the Straits Index fell back below 5000 points.
However, the consecutive sharp rises in the Singapore stock market over the past two years also indicate economic growth and market recovery. Temporary adjustments are the healthy path forward.
Singapore's hiring sentiment fell to +13% for Q3 2026, the lowest since Q4 2021 (vs Asia Pacific +28%, global +26%).
Singapore's stock market was affected by the US market last Friday, suffering a significant drop on Monday. Coupled with declining employment data, the Straits Index fell back below 5000 points.
However, the consecutive sharp rises in the Singapore stock market over the past two years also indicate economic growth and market recovery. Temporary adjustments are the healthy path forward.
Iran's IRGC closed the Strait of Hormuz over the weekend and fired on passing commercial ships, marking the latest escalation in the ongoing crisis that began in February 2026. The strait handles approximately 20% of global oil supply; Brent crude peaked near USD 120/bbl during the prior closure and is expected to surge significantly at Monday's open.
The Middle East situation has escalated again, oil prices have surged, and coupled with the sharp drop in the U.S. stock market last weekend, the Strait Index has fallen again.