☕️ [Task Coins Giveaway] Daily Market Talk — Akamai Jumps 21% on Anthropic

Anthropic signed an $11.6 billion compute deal with Akamai and the stock jumped about 21% after hours. Meanwhile the 30-year Treasury hit 5.5%, its highest since 2004, and the Fed's Williams called another hike "reasonable". AI is still spending while money gets more expensive. Let's dig in 👇

💬 Hike odds near 78%, AI deals still growing — buying compute, cutting REIT duration, or holding cash until PCE?

📊 Quick Recap — What Moved & Why

🇺🇸 US — Flat Tape, Loud Bond Market

🔑 Key Event: S&P 500 -0.02%, Nasdaq +0.01%, Dow -0.31% — but the 30-year yield touched 5.50%, a 2004 high, as oil climbed and NY Fed's Williams called another hike this year "reasonable". October odds jumped to 77.5% from ~53%.

👀 Other to Watch

• $Akamai Tech(AKAM.US) -6.8% in the session, then about +21% after hours → Anthropic committed $11.6B over seven years, expandable to roughly $20B, and gets a warrant for up to 5% of Akamai. A CDN name just got re-rated as AI infrastructure.
• $Meta Platforms(META.US) +4.5% to $777.59 → Muse keeps pulling in users. Meta is on track for its best month since 2013 and sits about 1% below a $2 trillion market cap.
• $Oracle(ORCL.US) -3.5% → sent a force majeure notice on Project Jupiter, its New Mexico data centre campus, over possible construction delays. Oracle says it is not walking away from the project. $Arm(ARM.US) -7.9% sold off alongside it.
• Neoclouds → $Nebius(NBIS.US) +7.4%, $Coreweave(CRWV.US) +3.7%. Anthropic's deal says compute demand is still spilling beyond the hyperscalers.
• Memory cooled → $Western Digital(WDC.US) -4.9%, $Sandisk(SNDK.US) -3.5%, while $Intel(INTC.US) +3.9% and $AMD(AMD.US) +2.4% held the chip board up.
• $Costco Wholesale(COST.US) → EPS $6.75 beat, but $0.15 of that came from a one-off tariff refund. Shares barely moved after hours.

@LazyCat: cautious on Meta, expects the Muse optimism to fade once a counter narrative on security concerns shows up.

🇸🇬 Singapore — Yields Tax The Income Names

🔑 Key Event: STI -0.47% to 5,683.37 as oil and US yields rose; a 5.5% long bond hurts local yield plays. $Keppel Reit(K71U.SG) sold Seoul's T Tower at a 37.2% premium and flagged a S$25M buyback, but units fell ~2% — the lost income mattered more than the gain.

👀 Other to Watch

• $CSE Global(544.SG) → won two US electrification contracts worth US$150M, one for an LNG expansion in Louisiana and one follow-on order for a data centre power hub.
• $Far East Orchard(O10.SG) → its UK joint venture is buying King's Place in London for £60M, planned as a 444-bed student housing block due in 2029.
• $Multi-Chem(AWZ.SG) -16% → a key vendor suspended all orders to its subsidiary. Those products were 5% to 10% of first-half revenue.

@TheInvestingIguana: pointed out that Singapore inflation has now ticked up for three straight months and the STI barely noticed.

🇭🇰 HK/China — Summit Pageantry, Thin Substance

🔑 Key Event: Hang Seng -0.29% on Thursday, and down about -1.6% this morning, Tech off nearly 2%, as the US bond rout spread. The Trump-Xi talks pushed the trade truce out two months to 10 January and opened the first formal US-China AI talks — but no big tariff deal. Visit wraps tonight SGT.

@TheCollector: called the Xi visit "more symbolic than substance" before the talks, and so far that call looks right.

🌍 Other

• Oil → Brent +3.4% to $106.60, after spiking to $108.23 when Houthi missiles were fired at Saudi forces. It gave back part of that on the report that Washington and Tehran are discussing a phased reopening of Hormuz. Nothing is agreed yet.
• Gold eased as higher yields and a firmer dollar raised the cost of holding bullion.

📅 Key Events

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🚫 No duplicates · ⏰ Deadline: September 25, 2026, 11:59 PM SGT

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Not investment advice, just market talk 🙏