☕️ [Task Coins Giveaway] Daily Market Talk — AMD Soars as Nvidia Sinks

Chip stocks roared back as AMD jumped 13%, but Nvidia slid to a seven-month low as its board probes CEO Jensen Huang. At home, the STI rebounds after Monday's holiday, with Sea reporting tonight. Let's dig in 👇

💬 AMD soared while Nvidia sank on the same day. Which chip stock would you rather hold right now?

📊 Quick Recap — What Moved & Why

🇺🇸 US — AMD Soars as Nvidia Sinks

🔑 Key Event: $AMD(AMD.US) +13.26% after Google picked its processors for a new AI chip system and an analyst upgrade. $NVIDIA(NVDA.US) -4.27% to a seven-month low as its board investigates CEO Jensen Huang.

👀 Other to Watch

• $Dow Jones Industrial Average(.DJI.US) +2.15%, $S&P 500(.SPX.US) +2.35%, $NASDAQ Composite Index(.IXIC.US) +2.74%, as falling oil eased inflation worries.
• Chips → $Broadcom(AVGO.US) +8.78%, $Marvell Tech(MRVL.US) +9.49% and $Micron Tech(MU.US) +6.25%, as buyers returned after last week's rout.
• $Alphabet(GOOGL.US) → +1.18% after Google unveiled two new AI chips, taking its latest TPU line to four systems.
• Big Tech → $Tesla(TSLA.US) +5.54% and $Meta Platforms(META.US) +5.12% led as the oil slide lifted growth stocks.
• $Rocket Lab(RKLB.US) → +10.91% before results, then fell after hours as losses widened despite record revenue.
• Anthropic → launched its IPO roadshow at $70 to $80 a share, backed by $26 billion from Nvidia, Google and others.

@amit : The market has moved forward today without Nvidia, implying that maybe the market doesn't need to be this dependent on one company.

@dhighstakes : Fundamentals did not change. Jensen will not impact the outcome that the company has built in decades.

@Fattycat : NVIDIA is currently sitting at a key crossroads, squeezed between headline-driven selling and rock-solid business fundamentals.

🇸🇬 Singapore — STI Rebounds After the Holiday

🔑 Key Event: The $FTSE Straits Times Index(STI.SG) is up about +1.5% near 5,260 in its first session since Monday's holiday, recovering most of Friday's drop to 5,179.17. $OCBC Bank(O39.SG) leads the banks, up about 3%.

👀 Other to Watch

• $Sea(SE.US) → +2.94% on Monday as investors positioned for its results tonight.
• Banks → $DBS(D05.SG) rises about 2% and $UOB(U11.SG) edges higher, as buyers return after the long weekend.

@NewUser_oPJWOU : I will be looking closely at how Sea performs after exiting the trade a few months back.

@JPJP : Management even raised guidance for the 2nd time this year. Looks bullish to me in my opinion.

🇭🇰 HK/China — SMIC Climbs Before Results

🔑 Key Event: The $Hang Seng Index(00HSI.HK) is little changed near 24,525 this morning after Monday's close at 24,448.95. $SMIC(00981.HK) gains about 4% ahead of Thursday's results, while $BABA-W(09988.HK) falls about 3%.

🌎 Other to Watch

• 🛢️ Oil → Brent sank -5.85% to $92.57 on Monday, its lowest since late August, as Trump played down new strikes on Iran.
• 📈 US CPI → October inflation data lands at 9:30pm tonight, with markets pricing about an 84% chance of a December hike.

📅 Upcoming Key Events

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🚫 No duplicates · ⏰ Deadline: Nov 10, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏