Lots of news to unpack. From US CPI to AI "fears" and the upcoming Fed mtg. Maybe a good way is to chill and not check the markets for a week. Haha.
US core CPI ran hot at +0.3% MoM (vs 0.2% expected), pushing September rate-hike odds from 69% to nearly 90% — Goldman's chief economist flipped his own call to a hike. The 10-year yield hit 4.957%, i...
Markets digested the PPI numbers and survived. All eyes on CPI tonight and whether Fed will listen to market expectations next week.
Oracle fell -5.4% in Wednesday's session, dragged down by a hot US PPI print — then jumped as much as +7% after hours once its actual results landed: cloud infrastructure revenue +121%. That same PPI ...
Quiet week so far in the markets other than corporate news for some news. Excitement is all at the FX side on USD and JPY, or even SGD appreciating against MYR.
Apple's iPhone Duo — its first foldable iPhone — launched at 1am SGT, priced up to a record $3,199. $Apple(AAPL.US) barely budged. Brent crude also broke $100/barrel for the first time since July, and...
Lots of interesting stuff happening outside the markets. From Tesla's Cybercab to OpenAI's Astra to Meta's Muse. Exciting time for AI and AI stocks.
Apple's foldable iPhone launches tonight (1am SGT) in what Morgan Stanley calls its most consequential event since the iPhone X — but production is reportedly stuck at just hundreds of units a day. Se...
With no big news until US CPI markets will just move along. Good for long term investors but lack of opportunities for traders.
OpenAI's GPT-6 Astra and Nvidia's "AGI has arrived" moment are the most visible face of an AI compute boom so intense it's pushed global memory chip inventories down to just 10 days' worth. Separately...
Quiet day for the US markets. All eyes on the US CPI reading later this week which I think would more or less decide the interest rate decision for the next Fed mtg. Until then the market is likely to move sideways I think.
US markets are closed today for Labor Day, so let's recap Friday's session: August non-farm payrolls blew past estimates, pushing September rate-hike odds to 60%. Tesla's Cybercab officially launched ...
Markets are trending upwards again, once again providing time in the market beats timing the market for most people. Not the time to be complacent as well.
Snowflake surged 16.55% on a blowout earnings beat, and Fed Governor Waller's dovish tilt sent September rate-hike odds tumbling. All three US indices closed up more than 1%. Tesla's Cybercab official...
It is really a stockpicker's market out there. Some AI stocks did well while others disappointed. but generally the big ones like Nvidia are doing ok. Won't go too wrong even sticking with Nasdaq or S&P500.
Dell surged 15.8% Wednesday as its AI-server refresh story kept building. Broadcom fell despite revenue growing 86% and AI chip sales more than tripling — its guidance simply wasn't enough. A weak ADP...
Some decent results from Dell and Credo. Sep is always going to be a rocky month for US stocks but we have the year end to look towards.
US Central Command struck Iranian Revolutionary Guard targets Tuesday; Iran retaliated against US bases in Jordan and Bahrain. Oil jumped over 5%. Dell raised its full-year revenue guide by $25 billio...
Markets continue to be resilient to close out August. Shall see what happens during the US mid terms. Anthropic IPO will be one to watch for me as well.
Anthropic locked in a $35B cloud deal with Nvidia-backed Lambda on Sunday — its fourth mega compute deal this month. Rate-hike odds jumped again too, hitting 64-65% just one trading day after Friday's...
I think it is just noise. It is just a speech, at the end of the day, they will still make the decisions based on the data. Any good or bad data will easily overwrite the views expressed in that speech.
Fed Chair Kevin Warsh delivered a hawkish surprise at Friday's Jackson Hole keynote, warning inflation trends haven't "meaningfully improved" and pushing September rate-hike odds from about a third to...
I predicted 225. That is very close too. Hope I managed to win something. Congrats to the winners! Looking forward to the next round.
No print in this market carries more than $NVIDIA(NVDA.US): a US$5.07 trillion company reporting into its longest losing streak since 2022, with the whole AI stack repriced behind it. In three days th...
Personally I think some form of signalling or guidance helps the market and it is not a bad thing actually. But with his style, markets will surely be more volatile.
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
