United Overseas Bank (UOB)

📌🇺🇸🇸🇬🇨🇳 all are falling down reminded me the song~London bridge is falling down falling down as we are seeing tech stocks are falling down; in less than 24 hours falling so rapidly; will be on lookout for few stocks !!! Today down tomorrow up and next day down, simply just that, nothing else I could see so far 🤣🤣🤣

Captains watch...

Fed rates maintain so all these Big Boys can borrow in better rates. Don't worries the down so there is space for up.

The market looks bearish but IMO is offering the discount of the year before it rallies into the year-end. NFA but looks like a good place to look for bargains!

The chips are showing cracks… When the music slow, it is like that… Although I dont think it’s a bubble, just ran way too fast and far ahead of fundamentals.

S$150 Million for AI Materials, 24 Companies Named: What Changes for a Company You Own?

🔍 The Angle

The S$150 million does not go to the listed companies named in the announcement. It funds Marvel-AI, a materials research platform, while the 24 Champions of AI companies are named for a programme with no funding or revenue figures stated. A company joining a government programme is evidence of participation, not evidence of money received.

💰 What It Means For You

If you own OCBC, UOB, Singtel, Seatrium, Sembcorp Industries, Keppel, CapitaLand Investment, Singapore Airlines or ST Engineering, do not treat the name on the list as a result. The one company figure mentioned is UOB’s previously announced S$900 million AI economic-value target by 2030, and the report does not tie it to this programme. Check the next results for a spending number, a productivity or savings number, and a target with a measure and a date.

📺 YouTube: https://youtu.be/Cd6PR9ddkWM

Not financial advice. Iggy's Forensic Compliance Standards apply.

People are saying the AI bubble has finally burst. Not sure what to think about this.

I think trust in the companies' business fundamentals and stay the course.

Crypto BTC opened directly lower this morning ⬇️ to 76k, what's going on? 😂

Market seems to be panicking over a few not so good earnings reports from the blue chips. But people should also take a look at Sandisk's earnings too. Pretty solid.

Recently, several US stocks have crashed directly in the after-hours and night sessions. Is a financial crisis approaching? Singapore IPO Min Material dropped from 1.8 to 1.49 within just a few days of listing. The position is too risky ⚠️