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☕️ [Task Coins Giveaway] Daily Market Talk — SK Hynix Profit Soars Before Tech Earnings and Fed Decision

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SK Hynix says its memory chips are sold out until 2029, and every stock in the chip index rose for a second day. Tonight Microsoft and Alphabet report, just before the Fed. Let's dig in 👇

💬 SK Hynix is sold out until 2029. Is the chip rally just starting, or already priced in?

📊 Quick Recap — What Moved & Why

🇺🇸 US — SK Hynix Sets a Record

🔑 Key Event: $SK Hynix(SKHY.US) posted a record 83.3 trillion won operating profit this morning, up sevenfold, and said its memory is sold out until 2029. $Seagate Tech(STX.US) closed +3.67% before its beat, then slipped after hours.

👀 Other to Watch

  • $Dow Jones Industrial Average(.DJI.US) +0.03%, $S&P 500(.SPX.US) +0.60%, $NASDAQ Composite Index(.IXIC.US) +1.18%, as chips led for a second day.
  • $Boeing(BA.US) → -10.69% after scrapping its target of 500 737 Max deliveries a year.
  • Chips → $AMD(AMD.US) +5.45% after a $1 billion Meta stake; $Sandisk(SNDK.US) +3.92%, reporting Friday morning.
  • $Meta Platforms(META.US) → -1.64% as its $25 billion share sale priced at $625, about five times covered.
  • $Tesla(TSLA.US) → +4.04% for a second straight gain, lifting its value above $1.6 trillion.
  • Big Tech → $Microsoft(MSFT.US) and $Alphabet(GOOGL.US) report tonight, just before a Fed decision priced as a hold.

@Fattycat : SK Hynix leads in high bandwidth memory, and that gives it an edge others simply cannot match.

@Shyon : This is not the moment to blindly shout buy the dip, so I've started collecting gradually.

@amit : Meta and Google need capital for the AI buildout, and that dilution keeps their stocks stuck.

🇸🇬 Singapore — Called a Haven

🔑 Key Event: The $FTSE Straits Times Index(STI.SG) closed Tuesday -0.35% at 5,397.03, with $DBS(D05.SG) -0.39%, and is edging lower this morning. JPMorgan Asset Management calls Singapore a haven that has outpaced the Nasdaq this year.

👀 Other to Watch

  • $Mapletree Ind Trust(ME8U.SG) → cut its quarterly payout 6.6% to 2.97 cents on weaker North American leasing.
  • $Sea(SE.US) → +0.97% after five straight losses that had narrowed each day.
  • Indonesia → says its gas cut stays within contract terms, as both sides plan a joint haze task force.

@JPJP : Accumulating high-yielding S-REITs during corrections locks in elevated yields while waiting for recovery.

🇭🇰 HK/China — HSBC Drags

🔑 Key Event: The $Hang Seng Index(00HSI.HK) closed Tuesday -0.73% at 23,041.32 as $HSBC HOLDINGS(00005.HK) slid -5.56% on a profit miss, and is flat this morning. $XIAOMI-W(01810.HK) fell 4.6%, while $Z.AI(02513.HK) jumped about 9%.

🌎 Other to Watch

  • 🛢️ Oil → WTI slipped below $100 as Iran signalled it may ease Hormuz curbs, cooling inflation worries before the Fed.
  • 🇺🇸 Consumers → October consumer confidence jumped to 91.7, far above the 81 expected, a day before the Fed decides.

@NewUser_OLAl4 : Lower oil prices could take some pressure off inflation expectations and bond yields, giving equities room.

📅 Upcoming Key Events

When (SGT)What
Thu 29 Oct🇺🇸 Apple's Pro and tell launch, 1am
🇺🇸 Fed decision, 2am
🇺🇸 Microsoft and Alphabet results
🇺🇸 Core PCE and Q3 GDP, 8:30pm
Fri 30 Oct🇺🇸 Amazon, Intel, SanDisk, Coinbase and Strategy results

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🚫 No duplicates · ⏰ Deadline: Oct 28, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏

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