☕️ [Task Coins Giveaway] Daily Market Talk — SpaceX Jumps 7.6%

SpaceX ripped +7.6% after Morgan Stanley called it one of the cheapest ways to own space and AI, putting Musk back above $1 trillion. Nvidia closed at a record and dragged the Nasdaq to one too. The catch: 10- and 30-year Treasury yields printed fresh 24-year highs. At home, Singapore's DayOne filed for a Nasdaq IPO. Let's dig in 👇

💬 SpaceX is up 58% from its August low: would you still buy here, or wait for a pullback?

📊 Quick Recap — What Moved & Why

🇺🇸 US — SpaceX Finds Another Gear

🔑 Key Event: $SpaceX(SPCX.US) jumped +7.6% to $171.09 after Morgan Stanley called it one of the cheapest ways to play space and AI, with a $300 target. The stock is up 58% from its August low, and Musk is a trillionaire again.

@gedebe: Electronic product usually depreciate fast and investing in it force the investor to run against time.

👀 Other to Watch

• Nasdaq → +1.05% to a record 27,477; S&P 500 +0.66%, Dow +0.18%, as October hike odds fell to about one in four.
• $NVIDIA(NVDA.US) → +2.1% to a record close, market value $5.76T.
• $Western Digital(WDC.US) +6.3% and $Seagate Tech(STX.US) +4.5% clawed back part of Friday's 10% drop.
• $PTC(PTC.US) → +33.5% after Schneider Electric agreed to buy it for $22.6B in cash.

🇸🇬 Singapore — DayOne Picks Nasdaq

🔑 Key Event: Singapore's DayOne filed for a Nasdaq IPO, reportedly seeking up to US$5B at a US$20B valuation. STI rose +0.5% Monday to 5,664, then slipped about -0.3% this morning.

@TheInvestingIguana: At the 2 October close, trailing dividends gave DBS a 4.12% yield, UOB 3.69% and OCBC 2.81%.

👀 Other to Watch

• $DBS(D05.SG) → +0.8% Monday, the most traded stock by value on day one of 10-share lots; $SGX(S68.SG) slipped another -1.1%.
• Mi Material → lodged its SGX mainboard prospectus to raise S$168M, listing Oct 28.
• $Venture(V03.SG) → +2.6%, the STI's top gainer.
• $Civmec(P9D.SG) → over A$220M in new contracts, order book about A$1.5B.
• August retail sales grew just 0.7%, short of the 2% forecast.

🇭🇰 HK/China — Tech Follows Nasdaq Up

🔑 Key Event: Hang Seng is up nearly +1% this morning around 24,245 after the Nasdaq record, with Alibaba opening about +3%.

@Fattycat: At first glance Alibaba looks pricier than its peers.

🌍 Other to Watch

• 📉 US 10- and 30-year yields hit fresh 24-year highs; the dollar is near its 2026 high.
• 🛢️ Brent settled around $100 and WTI fell -1.8% to about $89 as Middle East exports recovered.
• 🪙 Gold held near $4,140 an ounce.

@Ally: SREITS are proving hard to hold. Whilst DPU has been consistently rising, capital depreciation on my holdings is sad to see.

📅 Upcoming Key Events

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🚫 No duplicates · ⏰ Deadline: Oct 6, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏