☕️ [Task Coins Giveaway] Daily Market Talk — Nvidia Cleared It, Now Warsh Speaks

Wednesday's tape went nowhere because nobody wanted a position into Nvidia. Then the bell rang: a $108B guide, three software names that refused to die, and Apple picking a date. Singapore's number is quieter and more useful. Core inflation just hit a 21-month high. Let's dig in 👇

💬 Nvidia guided to $108B and software raised right behind it, but PCE is still running at 3.7% with a brand-new Fed chair speaking Friday, so are you buying the AI print, waiting for Warsh, or taking the boring 2% Singapore inflation trade instead?

📊 Quick Recap — What Moved & Why

🇺🇸 US — The Beat Came After The Bell

🔑 Key Event: The index moves were noise, Dow -0.21%, S&P 500 -0.02%, Nasdaq -0.08%, because everyone was waiting. Then $NVIDIA(NVDA.US) beat and guided Q3 to $108B against a $104.9B consensus, with Data Center up 117%. The stock closed down and trades +5.2% at $220.66 overnight.

👀 Other to Watch

• Software was not dead after all → $Salesforce(CRM.US) +13.3%, $Okta(OKTA.US) +20.6% and $CrowdStrike(CRWD.US) +9.7% all jumped overnight, each on raised guidance. The trade has moved one layer up the stack: who turns AI spending into recurring revenue.
• The inflation print is the real problem → July PCE came in at 3.7%, hotter than expected, core at 3.3%. That is the number Warsh has to speak to on Friday.
• Two headlines worth knowing → $Meta Platforms(META.US) settled child-safety claims with 29 states for up to $18B, with a $10B charge hitting Q3. $Apple(AAPL.US) set its event for 10 September, 01:00 SGT, its first under new CEO John Ternus and the expected foldable iPhone launch.

@Pillar: called it before the print, that the beat was never the question and Jensen had to deliver the outlook for the stock to go anywhere.

@AetherCore: put NVDA's close at $225.80 and voted the flat range, on the view that expectations already priced in cap the upside.

🇸🇬 Singapore — Two Percent Is The Number

🔑 Key Event:STI -0.25% to 5,721.59, but inflation is the story. Core hit 2.0% in July, a 21-month high, on electricity, gas, services and food. MAS has already raised its 2026 forecast band, and Maybank expects core to sit near 2% through Q3 before easing.

👀 Other to Watch

• UOB Kay Hian flagged the banks → a sustained Gulf conflict would stress borrowers in transport, logistics and aviation, roughly 7.4% of exposure at $DBS(D05.SG) and $OCBC Bank(O39.SG), 5.5% at $UOB(U11.SG). Credit quality is healthy today, so this is a watch item rather than a problem.
• Exports are still the offset → NODX rose 24.2% in July with electronics up 112%. That is the same AI demand Nvidia just reported, showing up in Singapore trade data first.
• Two local results → $SingPost(S08.SG) lifted Q1 operating profit 55.2% on cost cuts, not revenue. $ComfortDelGro(C52.SG) signed two China robotaxi agreements and opened a Shenzhen base for autonomous driving.

@TheInvestingIguana: asked the useful version of it, which is not what inflation did but whether the yield you actually hold is keeping up with it.

🇭🇰 HK/China

🔑 Key Event: The Hang Seng trades near 25,520 this morning, -0.52%. Bilibili (BILI) reports Q2 tonight, the last China tech catalyst of the week.

🌍 Other

• Oil hit a one-week low, WTI -1.9% to about US$80.78, after Washington's new Iran sanctions landed softer than the market expected.

📅 Key Events

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🚫 No duplicates · ⏰ Deadline: August 27, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏