--- title: "☕️ [Task Coins Giveaway] Daily Market Talk — Walmart Crashes 9% as Moderna's Rally Unravels" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000863144.md" description: "Two of the week's biggest stories unwound Thursday: Walmart crashed 9% as US sales growth hit its slowest pace since 2020, and Moderna gave back almost all of Wednesday's record surge, its worst day e..." datetime: "2026-08-21T03:13:10.000Z" locales: - [en](https://longbridge.com/en/topics/100000000863144.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000863144.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000863144.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # ☕️ [Task Coins Giveaway] Daily Market Talk — Walmart Crashes 9% as Moderna's Rally Unravels Two of the week's biggest stories unwound Thursday: Walmart crashed 9% as US sales growth hit its slowest pace since 2020, and Moderna gave back almost all of Wednesday's record surge, its worst day ever. Treasury yields fully erased the relief from the Treasury's own buyback announcement just a day earlier. Let's dig in 👇 **💬 Walmart beat and raised guidance, yet crashed 9%: what does that say about the US consumer?** ## 📊 Quick Recap — What Moved & Why ### 🇺🇸 US — Walmart Crashes 9% as Moderna's Rally Unravels **🔑 Key Event:** $Walmart(WMT.US) fell **9.15%** even after beating on earnings and raising full-year guidance, as US comparable sales grew just 2.6% (vs. 3.7% expected), the **slowest pace since 2020**; the profit beat was partly inflated by a one-time $2.9B tariff refund. $Moderna(MRNA.US) fell **23.5%**, its worst day ever, giving back much of Wednesday's record 177% surge as profit-taking set in. $S&P 500(.SPX.US) fell **0.87%** to 7,641.16, $NASDAQ Composite Index(.IXIC.US) lost **1%** to 26,067.17, and $Dow Jones Industrial Average(.DJI.US) dropped **1.32%** to 52,759.21, as Treasury yields fully erased Wednesday's buyback-driven relief. **👀 Other to Watch** - $Costco Wholesale(COST.US)**,** $Home Depot(HD.US) **&** $Amazon(AMZN.US) → fell **2.45%**, **2.85%**, and **2.15%** respectively in sympathy with Walmart's consumer-spending warning. - **Bitcoin** → topped $71,500 after Trump said the US is "considering" accumulating more of it; $Strategy(MSTR.US) rose **7.8%** and $Coinbase(COIN.US) **7.6%** on the crypto-beta trade. - **30-year & 10-year Treasury yields** → rose back to **5.251%** and **4.704%**, erasing almost all of Wednesday's Treasury-buyback relief; Jefferies called the buyback "at best a circuit breaker" against a $32T market. > @Tiffany lover : Is the surge in long-end Treasury yields about bond investors selling off, pessimism on the economic outlook, or just money chasing quick gains in chip stocks? - $Alibaba(BABA.US) → revenue beat (+9%) but net income fell **75%** on surging AI capex; Cloud+AI revenue rose **45%**. - **Memory & optical names defied the selloff again** → $SK Hynix(SKHY.US) rose **4.4%** (also striking a tentative labor deal: 6.3% wage hike, up to 60% of bonuses in stock) and $Micron Tech(MU.US) **4%**, while $Lumentum(LITE.US) jumped **6.2%** and Applied Optoelectronics (AAOI) **5.7%**. > @koolgal : Alibaba's cloud/AI growth is real, but the AI capex is squeezing near-term profit, so this quarter should show whether cloud monetisation can finally expand margins. ### 🇸🇬 Singapore — STI Lags a Regional Bounce **🔑 Key Event:** $FTSE Straits Times Index(STI.SG) fell **0.4%** to 5,671.91 Thursday even as regional markets like Hong Kong bounced, before edging up slightly to about 5,680 Friday morning. $DBS(D05.SG), $OCBC Bank(O39.SG), and $UOB(U11.SG) had no fresh news of their own Thursday, drifting on routine moves within their post-earnings ranges. **👀 Other to Watch** - $ULTRAGREEN AI USD(ULG.SG) → fell **35%** after saying there was no material change to its business, following a rival's US FDA approval for a competing imaging-agent product. ### 🇭🇰 HK/China — Gold Miners & Biotech Lift HK to a 4th Straight Gain **🔑 Key Event:** Hong Kong diverged from Wall Street again: $Hang Seng Index(00HSI.HK) rose **0.80%** to 25,698.49 and $Hang Seng China Enterprises Index(HSCEI.HK) gained **0.90%** to 8,547.84, a **4th straight up day**, led by gold miners (Zijin Gold International up over 11% on record profit) and biotech names rallying on the same cancer-therapy optimism hitting Moderna earlier in the week. **👀 Other to Watch** - The Hang Seng Indexes Company's quarterly review results are due after today's HK close, with constituent changes effective 7 and 14 September. - $ZIJIN MINING(02899.HK) → guided to H1 profit of about RMB39.1B, up 68% year-on-year on higher gold and copper prices; formal results still pending. - $YOFC(06869.HK) → guided to H1 profit of RMB2.4-3.0B, up as much as 914% year-on-year on booming optical-fiber demand; formal results still pending. ### 🌍 Other - 🇺🇸 Meta has quietly become one of Microsoft's largest AI customers, reportedly spending hundreds of millions a year on Azure even as it builds its own AI infrastructure. - 🌍 Oil held near multi-week highs (WTI ~$86, Brent ~$93) on persistent Strait of Hormuz tensions, with no resolution to the US-Iran standoff in sight. ## 📅 Key Events Tonight / Next Week | **When (SGT)** | **What** | | --------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Today, Fri 21 Aug** | 🇺🇸 Flash Manufacturing & Services PMIs, existing home sales 🇭🇰 $BEKE-W(02423.HK) Q2 earnings tonight (after HK hours) 🇭🇰 Hang Seng Index quarterly review results due after today's close | | **Wed 26 Aug** | 🇺🇸 $NVIDIA(NVDA.US) & $Agilent Tech(A.US) Q2/Q3 earnings 🇨🇳 $Li Auto(LI.US) Q2 earnings | | **Thu 27 Aug** | 🌍 Jackson Hole Symposium opens (through Sat 29) 🇺🇸 $Dollar Tree(DLTR.US) earnings | | **Fri 28 Aug** | 🌍 Jackson Hole Day 2 — Fed Chair Warsh's first keynote as chair, Friday morning US time | 👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨ 🚫 No duplicates · ⏰ Deadline: Aug 21, 2026, 11:59 PM SGT Not investment advice, just market talk 🙏 ### Related Stocks - [WMT.US](https://longbridge.com/en/quote/WMT.US.md) - [MRNA.US](https://longbridge.com/en/quote/MRNA.US.md) - [COST.US](https://longbridge.com/en/quote/COST.US.md) - [HD.US](https://longbridge.com/en/quote/HD.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [LITE.US](https://longbridge.com/en/quote/LITE.US.md) - [AAOI.US](https://longbridge.com/en/quote/AAOI.US.md) - [ULG.SG](https://longbridge.com/en/quote/ULG.SG.md) - [O39.SG](https://longbridge.com/en/quote/O39.SG.md) - [U11.SG](https://longbridge.com/en/quote/U11.SG.md) - [02899.HK](https://longbridge.com/en/quote/02899.HK.md) - [06869.HK](https://longbridge.com/en/quote/06869.HK.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [LI.US](https://longbridge.com/en/quote/LI.US.md) - [A.US](https://longbridge.com/en/quote/A.US.md) - [DLTR.US](https://longbridge.com/en/quote/DLTR.US.md) ## Comments (34) - **NewUser_Unm6i · 2026-08-21T07:16:47.000Z**: US Market’s shares fell whereas 30-year & 10-year Treasury yields, Strategy and Coinbase, SK Hynix, shares rose.Alibaba’s net income fell, but Cloud+AI revenue, Micron Tech, and Lumentum rose. Singapore market’s shares decrease. However Hang Seng, Zijin Mining, and YOFC Hong Kong shares increase - **Tiffany lover · 2026-08-21T06:29:34.000Z**: Oil prices remain near multi-week highs (WTI ~$86, Brent ~$93), with ongoing tensions in the Strait of Hormuz and no signs of a resolution to the US-Iran standoff.Gold prices are following oil's upward trajectory into a consolidation zone.US Treasuries were finally bailed out by the government, thou - **Valenxis · 2026-08-21T06:24:38.000Z**: MRNA. What goes up quickly and furiously, will come back to ground quickly and furiously too. For those who FOMO, just hope they dont buy high and get stucked.. - **Fattycat · 2026-08-21T06:20:46.000Z · 👍 1**: Bitcoin 😱😱😱😳😱😱😱😱😳😳 - **Fattycat** (2026-08-21T07:46:36.000Z): BTC 76.5k now 😱😱 - **dingdongbell · 2026-08-21T06:17:52.000Z · 👍 1**: The markets are poised nicely amidst the selloff due to rates jitter. The broad market index and the QQQ are interestingly at the 38.2 retrace of their fourth wave whereas the SMH looks like a wave 2 at its 38.2. Crypto has just started their engines. Looks like the market might be preparing for a r - **Heroic Lifesaver** (2026-08-21T06:25:55.000Z): Looks like it. ‘Steadier indexes’ make a later stage wave 5 rally as risk on do their wave 3 melt up. The price setup is there, the bearish FUD and disbelief sentiments are also in place. Price just n - **Heroic Lifesaver · 2026-08-21T06:14:18.000Z · 👍 1**: Well as much as the narrative keeps pointing to yields and I agree yields are a sticky point and that is why the Feds are doing a ‘stealthy YCC’. (Look at what Bessent just added to what he said the day earlier. I mean he is hinting at YCC without saying it. Those who get the hint will plan accordin - **Fattycat** (2026-08-21T06:17:31.000Z): Rising bond yields are driving a tech sell-off and another quiet casualty many are missing: Asian REITs.Names like MLT, FCT, and CICT all drifted lower yesterday. Higher yields hit REITs hardest .They - **Heroic Lifesaver** (2026-08-21T06:20:28.000Z): Yup agreed. However, looks like the US are ready to do what it takes to defend yields. They have done it before at the expense of the dollar. - **Fattycat** (2026-08-21T06:22:03.000Z): FCT is below 2.2 😭😭😭. My cost at 2.25 😤. - **Fattycat · 2026-08-21T05:42:55.000Z · 👍 1**: I am surprised that Vietnam is one of the south east Asia country that is most active in cryptocurrency. Their government is rushing to pilot regulate the market due AML issues. - **Heroic Lifesaver** (2026-08-21T06:22:29.000Z): Hehe….their rich knows that they cannot depend on their economy and currency. That is the next thing after gold. 😊 - **Darkwinter · 2026-08-21T05:39:07.000Z · 👍 1**: Jackson hole is a key point but not sure what stuff Fed will say - **LazyCat · 2026-08-21T05:32:47.000Z · 👍 1**: Crypto was the buzz just when Trump took office and it took a bow and languished in the dark shadows for the most of the year. Now the president is back in action again to pump it up again such that funds have another avenue to rotate around, scything the retail FOMO hords. - **NewUser_ThinkSwim · 2026-08-21T04:46:43.000Z · 👍 1**: Walmart crush might be that consumer sentiment of the economy is weak but as investors are still selective choosing few sectors that holds up the market that is why there is no correction of 10% or more in the market. Tldr DCA slowly into stocks you want to own that generate lots of free cash flow e - **Victor y · 2026-08-21T04:40:20.000Z · 👍 2**: AI infrastructure and semiconductor-related names such as SK Hynix, Micron and Lumentum continued to outperform, showing that investor demand for AI exposure remains strong despite concerns over higher capex and valuations.Alibaba's results also highlighted this trend cloud and AI revenue surged, bu - **Fattycat** (2026-08-21T05:15:19.000Z): Keep more cash if you want to avoid volatility. Market is always there. Sure have good opportunities to buy bargain stock 😊. Cheers happy Friday . - **TheRaccoonAnalysis · 2026-08-21T04:25:52.000Z · 👍 1**: Walmart’s sharp decline highlights growing concern over U.S. consumer resilience, as slower comparable-sales growth and reliance on a one-off tariff refund weakened the quality of its earnings beat. Moderna’s reversal reflects profit-taking after its historic 177% rally, rather than necessarily a c - **Dacai · 2026-08-21T04:12:31.000Z · 👍 1**: Luckily I didn’t give in to FOMO for Moderna. After seeing what happened to SpaceX, I was worried about this happening. The US market is not for the faint-hearted. - **Fattycat** (2026-08-21T05:11:04.000Z): Anything go up fast will come down hard 😆. Seen it many times and it keeps repeating. Many pay school fee to learn because of “GREED”. - **ShortWalk · 2026-08-21T03:53:18.000Z · 👍 1**: Great to have this daily market talk summary. Good to know Moderna relation to Walmart.With Trump topping up on Bitcoin, will it be back up again?Nvdia earning is also another one to look out for next week. - **Vt3 · 2026-08-21T03:51:25.000Z · 👍 1**: 📌 Last session supposed many 👀 at the hottest hits for this month. I also got it though few months ago was searching what to invest. If the prices came tumbling downward, I will also consider to buy more, not worrying about the short term swings as the purpose of it is indeed worth more meaning than - **Fattycat** (2026-08-21T05:13:12.000Z): Yes. Happy Friday . Month end coming . 😆. Does stock market has any “window dressing” for month end closing ?🤔 - **NewUser_CkrdqW · 2026-08-21T03:48:37.000Z · 👍 1**: Both SG & HK market are still performing relatively strong in the Asia sector, with the exception of South Korea as they are still suffering from the after effects of FOMO and playing with fire by using margins and leverages. I'm looking forward to Nvidia's earnings next week as it will probably - **Fattycat** (2026-08-21T05:07:33.000Z): The reason why our government move quickly to attract top industry talent to manage their money 😆 - **relf · 2026-08-21T03:47:23.000Z · 👍 2**: Interesting that the news are not quite reporting the surge in the crypto markets and the crypto related stocks. Shall see if the rally can be sustained. - **Fattycat** (2026-08-21T05:04:51.000Z): True. Gold , BTC and ethereum have a good run. BTc touching 75k this noon.The BTC rose after market optimism in the clarity Act. The wind direction can change anytime. I just read the news about 2.74 - **Fattycat** (2026-08-21T05:08:45.000Z): Today straitstimes 😉 - **relf** (2026-08-21T06:29:32.000Z): Hehe! - **Wongers · 2026-08-21T03:45:38.000Z · 👍 1**: I feel in my opinion that Walmart is still a powerhouse in the supermarket space, and I will definitely buy more of their stocks. - **Fattycat** (2026-08-21T05:18:04.000Z): Defensive like Sheng Siong 😊. Walmart trades at a slightly higher trailing P/E ratio (~39x to 41x) compared to Sheng Siong (~31x). Buy Sheng Siong lah . Support Singapore 😆Just joking. Do your DD. - **Shyon · 2026-08-21T03:45:26.000Z · 👍 3**: I think $Walmart(WMT.US)Walmart’s 9% drop is a useful warning that the US consumer is becoming more selective, rather than simply collapsing. A 2.6% comparable-sales growth rate, despite a strong earnings beat and raised guidance, suggests that spending momentum is cooling, especially when the profi - **Ally · 2026-08-21T03:45:18.000Z · 👍 1**: Really love reading the daily market talk these days as it gives me insight on what’s happening with the stock market around the world. Looking forward to NVDIAs upcoming results next week. --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**