Sky Chia

OpenAI has confidentially filed for an IPO with the SEC, joining rivals Anthropic and SpaceX in preparing for public market debuts. Valued at over $850 billion, OpenAI aims to go public potentially by Q4 2025 but has not finalized timing. The filing allows private review of financials before public disclosure. CEO Sam Altman outlined a new strategic phase focused on making AI abundant and affordable, while the company continues to invest heavily in enterprise solutions and coding tools amid intense competition.

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OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut

Riding alongside the mega IPO can be both beneficial and disrupted as investors are already learning to diversify the funds available. It a choice of TRUE OR DARE!🚀 or 🍦

Singapore stocks retreated on June 8, with the Straits Times Index (STI) closing down 1.7% at 4,963.67 points. The decline was driven by fears surrounding Big Tech and upcoming US labor data, mirroring global market pullbacks. Local banks and most blue-chip stocks fell, while only two counters remained unchanged. Regional indices also posted losses. Saxo strategist Charu Chanana described the move as a cautious 'recalibration' rather than panic, citing crowded AI positioning and shifting Fed expectations.

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Singapore stocks retreat following AI headwind fears; STI closes lower

The realistic depth of uncertainty. The stock market tells it all after last Friday big fall.😭

Featured

Everyone's selling &#34;AI PCs&#34; — but only 4 chip families actually clear the bar. Here's how to tell a real one from a marketing label.

NVIDIA

Microsoft

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Apple Group

What Is an AI PC — And Is It Worth Paying Extra For?

Well, soon it will be powered by lightning instead of electricity ⚡. To buy the PC stays in trend, just not in the pipeline. China's Huawei chip is more advanced and has already countered the possibility to achieve that goal. It would be a big change for the New AI cycle 🚲

Huawei

Anthropic has secretly filed its IPO prospectus with the SEC, aiming to become the largest AI IPO. Valued at $965 billion with annualized revenue of $47 billion, Anthropic seeks liquidity and resources for chip procurement and talent acquisition. This move positions it ahead of competitor OpenAI in the race to go public, leveraging a first-mover advantage to dominate market narrative despite potential disclosure risks.

CoinLive

OpenAI

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Anthropic secretly filed its IPO prospectus to compete with OpenAI for a head start.

Anthropic's action needs to be fast, as recently another blow to their revenue occurred when Microsoft and Uber decided to cut their contracts with Anthropic. The bottom line was that AI was supposed to reflect a change in the labour market versus savings. Hence this has escalated to be more intense spending rather😭

Uber Tech

US OvernightThe S&P 500 rose 0.26% to a record 7,599.96, the Nasdaq gained 0.42% to a record 27,086.81, and the Dow edged up 0.09% to a record 51,078.88 — all three posting new intraday and closing all-time highs to kick off June. Nvidia led the rally after CEO Jensen Huang unveiled a new AI-powered PC processor at the Computex Taipei conference, sending the stock up over 6%. Dell and HP gained 10% and 8% respectively on the spillover. ISM Manufacturing hit 54 in May (beating 53.

- The S&P 500 and Nasdaq reached historic highs, with gains of 0.26% and 0.42%, respectively, while Nvidia's new AI processor launch fueled a 6% stock rise.  
- Positive economic indicators included an ISM manufacturing index of 54, driven by AI-related orders, and HPE saw a dramatic 26% increase after strong earnings guidance.  
- However, geopolitical tensions following a U.S. drone incident in Iran and fluctuating oil prices pose risks, with Asian markets showing mixed futures following record-breaking U.S. performances.

LB Select

SG Morning Brief | All Three Indexes Hit Records as Nvidia Launches PC Chip, HPE Surges 26% After Hours

NVIDIA's opportunity opens up after building the RTX chips for 33 years. A good 👍 supply chain is equally important to support this new game changer.

NVIDIA Corporation

SpaceX has chosen Goldman Sachs as the lead underwriter for its upcoming IPO, with Morgan Stanley also involved. The IPO aims to raise over $75 billion, potentially making it one of the largest ever. BlackRock is considering a significant investment, while concerns have been raised about SpaceX's dual-class share structure and CEO compensation packages. The IPO prospectus is expected to be released soon.

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Elon Musk's SpaceX Picks Goldman Sachs To Lead What Could Be The Biggest IPO Ever: Report

High chance this valuation will be above all odds.✌️

BTQ Tech

Weekend WrapKevin Warsh officially became Federal Reserve Chair on Saturday, inheriting an inflation rate of 3.8%, a 10-year yield at 4.55%, and rate hike odds at 45%. His first public comments will set the tone for markets this week. The Trump-Xi summit ended Friday without a major Iran breakthrough, disappointing investors who had hoped China would deliver a Hormuz reopening commitment. Oil remains above $100 and the 30-year yield is above 5%.

- Kevin Warsh became Federal Reserve Chair, facing an inflation rate of 3.8% and a 10-year yield of 4.55%.  
- The stock market experienced declines, with the S&P 500 falling 1.24% and Nvidia's stock dropping 4.4% ahead of its earnings report.  
- Rising oil prices and inflation concerns influence market stability, with Nvidia's results and the FOMC minutes being key focus points this week.

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SG Morning Brief | Tech Selloff Erases Records as Warsh Era Begins

The New Feb Chair does influence bringing the stocks down and as for oil shares to run on the opposite as he is a Trump ally. This somehow shows the lack of confidence in the people whom Trump and their community had chosen.Simple as it says if you can't beat them join them to make the money and speak the same language!

President Trump disclosed significant stock transactions, including purchases of $1 million to $5 million in Boeing and Nvidia shares, as both companies anticipate business opportunities during his China trip. The disclosure, available on the U.S. Office of Government Ethics website, details over 3,000 transactions, including major sales of Amazon, Meta, and Microsoft shares. Trump's investment decisions are reportedly managed by independent managers, distancing him from potential conflicts of interest. The White House referred inquiries to the Trump Organization, which did not immediately respond.

- A 113-page disclosure document released by the U.S. government ethics office reveals over 3,000 transactions involving President Donald Trump, including significant investments in Boeing and Nvidia.  
- These transactions, taking place between January and March, show purchases between $1 million and $5 million, with large sales involving companies like Amazon and Microsoft also noted.  
- The document indicates that Trump's investment decisions are managed independently, as he is exempt from conflict-of-interest rules that typically apply to federal officials.

Dow Jones

Boeing

ISHRS Aero & Def

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Direxion Semicon Bull 3X

iShares US Transportation ETF

GraniteShares 2x Long NVDA Daily ETF

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YieldMax NVDA Option Income Strategy ETF

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Leverage Shares 2X Long BA Daily ETF

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Direxion Daily NVDA Bull 2X Shares

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T-Rex 2X Long NVIDIA Daily Target ETF

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iShares GSCI Commodity Dynamic Roll Strategy ETF

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Trump discloses big buys of shares in Boeing and Nvidia as the companies look set to gain from his China trip

Time to save Boeing, as China has its own manufacturing capabilities for planes since 2024 after the last rejection from the US tariffs in 2025. Somehow, contributing from China to Boeing is an act that portrays the relationship between the two leaders. But it might detour based on Trump's aggression, which would shoulder again in Boeing's suffering. 😅

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Vance says the US and Iran are 'very close' to an MOU — covering a 60-day ceasefire, 30-day Hormuz demining and reopening, and the launch of nuclear talks. Tehran denies making any commitment on uranium enrichment, with agreement language still in flux. Brent is at $97.15 today, down nearly $11 from the $108 peak when talks last broke down in April — but the Hormuz blockade remains unresolved and the supply gap is real. Deal signed: oil keeps sliding; talks collapse and hostilities resume: $105+ in play. Where do you stand?

Vance says the US and Iran are 'very close' to an MOU — covering a 60-day ceasefire, 30-day Hormuz demining and reopening, and the launch of nuclear talks. Tehran denies making any commitment on uranium enrichment, with agreement language still in flux. Brent is at $97.15 today, down nearly $11 from the $108 peak when talks last broke down in April — but the Hormuz blockade remains unresolved and the supply gap is real. Deal signed: oil keeps sliding; talks collapse and hostilities resume: $105+ in play. Where do you stand?

US-Iran MOU: Sign or No Sign, $10 Swing in Oil

US President Donald Trump is in Beijing for talks with China's Xi Jinping, focusing on trade and the Iran war. This visit, his first since 2017, includes CEOs like Elon Musk and aims to maintain a fragile trade truce. However, Trump faces challenges, including weakened tariffs and inflation from the Iran conflict. Both leaders seek to discuss trade, investment, and AI, while Xi prioritizes US arms sales to Taiwan. Analysts doubt Xi will pressure Iran significantly. A reciprocal visit from Xi to the US is tentatively planned for 2026.

- U.S. President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade tensions, the Iran conflict, and arms sales to Taiwan.  
- The meeting involves CEOs like Elon Musk and Jensen Huang, who aim to address issues related to China, while Trump seeks to promote U.S. market access.  
- Despite a weak negotiating position due to domestic inflation and upcoming elections, both leaders hope to maintain the trade truce established in 2025 and address mutual interests, including AI and trade deficits.

Simplify Volt TSLA Revolution ETF

T-Rex 2X Long Tesla Daily Target ETF

Direxion Daily TSLA Bull 2X Shares

GraniteShares 2x Long TSLA Daily ETF

Leverage Shares 2X Long TSLA Daily ETF

Trump, Xi begin Beijing talks with trade truce, Iran war at stake

Anything on Trump is a business trip. War too when it benefit on oil surge!

United States Oil Fund LP

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How to join: post your P/L + 20-word insight in English
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📈 Share your trades, earn SGD $2 per post! How to join: post your P/L + 20-word insight in English Learn, connect, and cash in! 🚀

Trade Showcase

$NVIDIA(NVDA.US)Let’s recap Nvidia. Now that she has made a new high this week, many might be cheering. However look at that tepid volume as well as that price action which shows rejection at that lower trend which she broke in February. Also note that five waves up. The pattern is complete. So price is testing that line with what looks like a doji at time of writing.I know earnings are coming up. But Nvidia looks to have peaked. Stay safe!@Bridge Buzz SG

CEO Jenson was called in last min to join in the US - CHINA Submit ...looking forward for more excitement ..☺️

Pop Mart International Group reported a slowdown in sales growth for Q1, with overall revenue increasing by 80% year-on-year, while China sales rose by 105%. The company faces pressure to regain momentum as the popularity of its Labubu toys declines. Analysts predict a further weakening in growth, with Morgan Stanley estimating a full-year revenue increase of only 13% and Deutsche Bank projecting a 2% decline in 2026. Pop Mart is collaborating with Sony Pictures on a Labubu film to expand its brand, but US sales have dropped significantly, raising concerns about future performance.

- Pop Mart International Group reported slower sales growth in Q1, with overall revenue increasing by 80% year-on-year, while sales growth from its hit Labubu toys decelerated.  
- The company anticipates further weakening in growth, expecting a 13% rise for the full year, significantly below previous projections of at least 20%.  
- Pop Mart's US sales dropped 42% year-on-year in April, prompting analysts to lower stock price targets due to concerns about sustaining momentum post-Labubu.

POP MART

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Pop Mart sales growth decelerates amid sharp overseas slowdown

new design of stock to crave for collection. Current designs are mostly grab and done for. Consumers are constantly searching for excitement. This eventually elevates the valuation of the company.✌️

President Trump is set to visit China next week, potentially bringing business leaders from major companies like Boeing, Nvidia, Apple, Qualcomm, and others. Boeing's CEO, Kelly Ortberg, is confirmed to attend, with the trip expected to facilitate significant deals and improve U.S.-China relations. The inclusion of tech companies like Nvidia and Qualcomm may lead to discussions on export partnerships and tariffs. Apple's Tim Cook may also be invited, given his close ties with Trump, as the trip could impact the company's relationship with China, a crucial market for iPhones.

- President Donald Trump's upcoming visit to China on May 14 and 15 may significantly impact multiple public companies, particularly Boeing, whose CEO Kelly Ortberg is expected to accompany him.  
- Other major companies mentioned include Nvidia, Apple, Qualcomm, Blackstone, Citigroup, Visa, and Exxon Mobil, with potential discussions on trade deals and tariffs anticipated during the trip.  
- Trump's previous trip to the UAE resulted in $200 billion in deals, emphasizing the importance of such international business engagements for companies like Nvidia and Apple.

Qualcomm

First Trust Nasdaq Food & Semicon

GraniteShares 2x Long QCOM Daily ETF

Direxion Daily AAPL Bull 2X Shares

T-Rex 2X Long Apple Daily Target ETF

GraniteShares 2x Long AAPL Daily ETF

Direxion Daily QCOM Bull 2X Shares

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Direxion Daily NVDA Bear 1X ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF

Trump Could Put These 8 Stocks In The Spotlight For China Trip: Here Are The CEOs That Could Be Invited

Well 2 situations will happen!- if he don't respect as knowing his past attitude market will start to crash again. - if he tone down abit market will show prospect of win-win situation to evolve. All along this what the Chinese market wants to achieve. They always wanted a part of the pie as part of global involvement not a global police.And today just looking at China, evolvement from past. There strength like Trump always say ..stronger like never before.

- U.S. President Donald Trump will visit China for the first time in eight years and meet President Xi Jinping in May 2026.  
- Since Trump's return to office in 2025, tensions between the U.S. and China have escalated, with both nations imposing sanctions and tariffs against each other, impacting trade and supply chains.  
- Key developments include discussions on trade agreements, retaliation against each other’s restrictions, and ongoing negotiations to manage the impact of rising tensions on their economies.

Reuters

TIMELINE-U.S. President Trump's renewed trade war with China

Anthropic has partnered with SpaceX to enhance its compute capacity, gaining exclusive access to over 220,000 Nvidia GPUs at SpaceX's Colossus 1 data center in Tennessee. This deal aims to alleviate rate limits on Anthropic's Claude Code and potentially develop orbital AI compute capacity. Despite previous tensions, Elon Musk has shifted his stance on Anthropic, allowing the lease of Colossus 1. The partnership comes as Anthropic's revenue surges, necessitating increased server capacity to meet growing demand.

- Anthropic has partnered with SpaceX to access over 220,000 Nvidia GPUs at the Colossus 1 data center, aimed at expanding its compute capacity.  
- This agreement will lift previous limitations on access to Anthropic's Claude Code and API, addressing high demand for its services.  
- The collaboration marks a shift in the competitive landscape of AI, as SpaceX transitions from internal usage to commercial partnerships, raising questions about its impact on rival capabilities.

Broadcom

Coreweave

Anthropic strikes SpaceX deal to fuel Claude Code growth - and for data centers in space

SOXL

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