☕️ [Task Coins Giveaway] Daily Market Talk — Alphabet Suffers Its Worst Day Since 2004

Alphabet had its worst day ever, and Amazon and Intel slid after hours. Eli Lilly and Apple bucked the selloff with records. Let's dig in 👇

💬 Big Tech is paying for AI with cash flow. Buying the Alphabet dip, or waiting for Apple and AMD next week?

📊 Quick Recap — What Moved & Why

🇺🇸 US — Alphabet's Record Drop

🔑 Key Event: $Alphabet(GOOGL.US) closed -12.64% on a revenue miss, its worst day since listing in 2004, erasing about $480 billion. $Amazon(AMZN.US) -4.25% and $Intel(INTC.US) -3.62% slid further after hours on their results.

👀 Other to Watch

• $Dow Jones Industrial Average(.DJI.US) -0.25%, $S&P 500(.SPX.US) -0.30%, $NASDAQ Composite Index(.IXIC.US) -1.38%, ending a three-day winning streak.
• $ServiceNow(NOW.US) → -26.95%, the S&P 500's worst, after a key revenue measure fell short.
• Memory → $Micron Tech(MU.US) -4.98% and $Sandisk(SNDK.US) -5.32% after Samsung's miss; SanDisk later beat, planning an 8-for-1 split.
• Healthcare → $Eli Lilly(LLY.US) +6.63% to a record after raising guidance again; $Merck(MRK.US) +3.83%.
• $Apple(AAPL.US) → +1.48% to a record close as new MacBook Pros opened for pre-order.
• Crypto → $Coinbase(COIN.US) -1.07% and $Strategy(MSTR.US) -2.44%, lower after hours as Bitcoin neared $80,000.

@user_setbbkgs124 : I opened Alphabet shares at $296, buying market leaders on post-earnings pullbacks.

@Gene Munster : Intel's guide down should not be extrapolated to Nvidia; the main issue is PC demand.

@dhighstakes : Eli Lilly is the non-AI trade that everyone should take note of.

🇸🇬 Singapore — Wilmar Under Pressure

🔑 Key Event: The $FTSE Straits Times Index(STI.SG) is down about -0.3% near 5,383 this morning after Thursday's -0.03% close at 5,396.03. $Wilmar(F34.SG), Thursday's worst at -4.89%, is down another 3% after hiring haze investigators.

👀 Other to Watch

• Banks → $DBS(D05.SG) reports third-quarter results on 5 Nov, with $OCBC Bank(O39.SG) and $UOB(U11.SG) on 6 Nov.
• S-REITs → $Mapletree PanAsia Com Tr(N2IU.SG) cut its payout 3.5%; $CapLand Ascendas REIT(A17U.SG) lifted occupancy to 90.1%.
• $Seatrium(5E2.SG) → +0.55% Thursday after winning an SBM Offshore FPSO contract worth over S$200 million.
• $Sea(SE.US) → +1.82%, a third straight gain after a five-day slide.

@Fattycat : I have no plans to paper hand CLAR at S$2.18, with occupancy up to 90.1%.

🇭🇰 HK/China — Xiaomi Leads a Rebound

🔑 Key Event: The $Hang Seng Index(00HSI.HK) is up about +1% near 23,200 this morning after Thursday's -0.59% close at 22,958.65, led by $XIAOMI-W(01810.HK) and $MEITUAN(03690.HK). $LENOVO GROUP(00992.HK) is down about 6% on Intel's PC warning.

🌎 Other to Watch

• 🛢️ Oil → Brent is near $112 this morning on reports the US may soon resume strikes on Iran.
• 📈 Economy → US third-quarter GDP grew 3.4%, beating forecasts, while September PCE inflation rose to 3.6%.
• 🤖 Anthropic → $NVIDIA(NVDA.US) is reportedly weighing credit support for a $45 billion Anthropic compute deal.

@NewUser_ThinkSwim : As oil prices keep rising, I'd DCA slowly into stocks with high, positive cash flow.

📅 Upcoming Key Events

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🚫 No duplicates · ⏰ Deadline: Oct 30, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏