☕️ [Task Coins Giveaway] Daily Market Talk — Nvidia Snaps Its Losing Streak on Earnings Eve

Nvidia snapped its seven-day losing streak Tuesday, closing up 2.2% to $213.05, hours before its most anticipated earnings report in years drops after today's close. The rally came alongside a third straight winning day for the Dow, even as Bitcoin broke above $80,000 for the first time in 15 weeks. Let's dig in 👇

💬 Nvidia snapped its losing streak — can tonight's earnings finally silence the bears, or is the bar now too high?

📊 Quick Recap — What Moved & Why

🇺🇸 US — Nvidia Snaps Its Losing Streak on Earnings Eve

🔑 Key Event: $NVIDIA(NVDA.US) closed +2.19% at $213.05 Tuesday, snapping its seven-day losing streak — the longest since 2022 — hours before reporting Q2 earnings after today's close, the most anticipated report of the year. The company unveiled a new Jetson Orin Nano 2 robotics computer, while OpenAI claimed its own "Jalapeño" chip, co-developed with Broadcom, now outperforms Nvidia processors on power efficiency — a claim from OpenAI itself, not yet independently verified. $Marvell Tech(MRVL.US) also rallied +4.84% ahead of its own Thursday earnings.

@koolgal : Buckle up! We have arrived at the most exciting week on the calendar. NVIDIA is stepping up to the podium with its highly anticipated Q2 earnings... Whatever the outcome maybe, expect fireworks to tear through the trading pits this week.

👀 Other to Watch

• US indices → closed higher Tuesday: $Dow Jones Industrial Average(.DJI.US) +0.30% to 53,579.94 (a third straight gain), $S&P 500(.SPX.US) +0.32% to 7,677.28, $NASDAQ Composite Index(.IXIC.US) +0.66% to 26,151.30.
• Bitcoin → broke above $80,000 for the first time in 15 weeks, now consolidating near $80,500, up about 28% over 8 days on Treasury bond-buyback liquidity hopes and fresh ETF inflows.
• $Moderna(MRNA.US) → surged +14.36% after positive Phase 3 data for its personalized mRNA cancer vaccine; Barclays and BofA both lifted price targets sharply.
• Anthropic → reportedly told IPO investors its total addressable market tops $30T, targeting a ~$2T valuation in a possible October listing; actual Q2 revenue just doubled to $11.6B.

🇸🇬 Singapore — STI Drifts on a Quiet Day, Seatrium Leads Gainers

🔑 Key Event: $FTSE Straits Times Index(STI.SG) rose 0.97% to 5,735.68 Tuesday, and was trading about 0.2% lower near 5,725 Wednesday morning. There was no single SG-specific catalyst behind the move — $Seatrium(5E2.SG) was Tuesday's top gainer after a broker target-price upgrade, while $DBS(D05.SG), $OCBC Bank(O39.SG), and $UOB(U11.SG) traded steadily this week.

👀 Other to Watch

• $Seatrium(5E2.SG) → Tuesday's top STI gainer after CGS International raised its target price to S$2.60 and lifted its FY26 order-win forecast to ~S$6B, citing a Golar LNG FLNG-conversion letter of intent.
• Singapore's Q2 external position → current account surplus widened to S$37.08B (from S$30.52B a year earlier), with household net worth up 6.8% q/q, per SingStat-sourced data.

🇭🇰 HK/China — Alibaba Insiders Pile In, Led by Jack Ma Himself

🔑 Key Event: $BABA-W(09988.HK) insiders have now bought a combined HK$802M (~US$102M) of stock since Sunday's HK$80B AI-funding placement: co-founder Jack Ma alone bought over HK$600M, while Chairman Joseph Tsai and CEO Eddie Wu spent a combined HK$202M over Monday and Tuesday. The buying is read as a signal the post-placement selloff "went too far." Alibaba closed roughly flat Tuesday, then climbed to around HK$116.50 Wednesday morning, up about 2.0%.

@Fattycat : I know that any Alibaba retail holders are worried about Alibaba's HK$80 billion share placement news... But this is short-term noise against solid long-term fundamentals. I am not panicking, I am staying the course. Hold tight, BABA dragon 🐉

👀 Other to Watch

• $TENCENT(00700.HK) → traded up about 1.6% to HK$449 Wednesday morning, tracking Alibaba's rebound as HSI stabilizes after Monday's placement-driven selloff.

🌍 Other

• 🇨🇦 Canada formally announced retaliatory tariffs of 15-50% on C$27.6B (~US$19.9B) of US goods — steel, dairy, appliances, apparel — effective Sept 8, alongside a C$7.5B domestic support package for affected businesses.
• 🌍 Oil fell to about $81/bbl (WTI), Brent below $89, as Iran and Oman discussed a temporary joint corridor to reopen safe passage through the Strait of Hormuz.
• 🌍 Fed Chair Kevin Warsh heads into Friday's Jackson Hole keynote with a real contradiction: he's campaigned on shrinking the Fed's balance sheet, yet it quietly resumed buying sub-3-year Treasuries last FOMC as M2 money supply hits a record high — and a September rate hike (currently ~36.4% probability) would only complicate the Treasury's own bond-buyback plan. Tonight's July core PCE print, due before the US open, is the next data point that could move those odds.

📅 Key Events Tonight / This Week

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🚫 No duplicates · ⏰ Deadline: Aug 26, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏