Record S&P/Nasdaq again looks narrow when Seagate sinks -9.2% and nuclear rips double digits on same day - classic l…

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Oct 7, 2026 at 04:04 AM

Record S&P/Nasdaq again looks narrow when Seagate sinks -9.2% and nuclear rips double digits on same day - classic late cycle rotation. But SpaceX $40B debt for Nvidia chips proves hyperscaler capex isn’t stopping. STI giving back Tuesday with OCBC -4% is overdone, SG banks oversold.

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☕️ [Task Coins Giveaway] Daily Market Talk — SpaceX Eyes $40B Chip Loan

The S&P 500 and Nasdaq closed at records again, and SpaceX is reportedly lining up US$40B of debt to buy Nvidia chips. Under the surface it was messier: Seagate sank -9.2% while nuclear power names ri...

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