Hang Seng Index

HSI
24,211.3501.79% ( +425.560 )
Closed: Oct 9, 16:08:32
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  • N
    NewUser_oPJWOU

    It's the final Trading day of the week and our local market has stabilised a bit by the close. Much remains to be seen though for the banks as pressure on margins could show in upcoming earnings next month. Moreover, we could potentially see more partial sells with the reduced board lots.

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    Captain's Watch
    Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

    The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

  • M
    melph

    Singapore bank stocks have pulled back sharply over the past few days amid concerns about interest rates, earnings growth and profit-taking after their strong run. I see this as a potential buying opportunity but would wait for valuations to become more attractive before adding, rather than rushing in after a few down days.

    C
    Captain's Watch
    Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

    The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

  • D
    dingdongbell

    The market retreated and it’s about time. Healthy too! The OpenAI thingie? It will be forgotten again much like all the AI FUDs before. Remember the recent ‘Anthropic’ one? There will be an ‘AI bubble’ one when tech rallies again. People love stories!

    C
    Captain's Watch
    Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

    The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

  • H
    Heroic Lifesaver

    Haha….The market especially tech was about to sell off regardless. I kept mentioning that the past few days. The OpenAI narrative was just an explanation that is redundant. 😂

    C
    Captain's Watch
    Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

    The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

  • R
    relf

    Party day for the doom and gloom group. Though am curious why all of them come out on the same day? And then they go into hiding when markets are up. Haha. Trust your own conviction.

    C
    Captain's Watch
    Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

    The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

  • A
    Asura

    It was Red Sea yesterday. Based on past month trends, this is probable temporary and a good opportunity to accumulate as the % dips were quite wide for the bank shares

    C
    Captain's Watch
    Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

    The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

  • D
    Darkwinter

    AI can’t be going up forever. It’s going up now because chip makers are making big profits… so need to take note what one is buying

    C
    Captain's Watch
    Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

    The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

  • V
    Valenxis

    these few days many negative news churning out daily. affecting a number of us stocks and sg stocks. this leads to sell off and dip in share price. healthy correction i would say, for eg Sg banks and some blue chips.

    C
    Captain's Watch
    Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

    The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

  • T
    The

    Today’s report on SpaceX had debt to purchase chips from Nvidia. Why do they have to be in debt to buy chips? Isn’t buying with their capital will be better?

    S&P 500, Dow, Constellation Energy, Vistra, Marvell Tech, and AMD US Stocks increase.

    Local stocks for Straits Times and Top Glove rise.

    And finally Hang Seng Hong Kong stocks gains positive.

    C
    Captain's Watch
    ☕️ [Task Coins Giveaway] Daily Market Talk — SpaceX Eyes $40B Chip Loan

    The S&P 500 and Nasdaq closed at records again, and SpaceX is reportedly lining up US$40B of debt to buy Nvidia chips. Under the surface it was messier: Seagate sank -9.2% while nuclear power names ri...