☕️ [Task Coins Giveaway] Daily Market Talk — Tesla Robotaxi Goes Live

Midday update: Tesla's fully unsupervised robotaxi launched in Austin on June 6 and TSLA surged 5% to $408.95 on Monday — orders hit 2,961, the highest of any stock on the platform. On the same session: Intel +11% on a Google AI chip order, MRVL announced for S&P 500 inclusion, and NVIDIA locked in a multi-year AI memory partnership with SK Hynix. The US then added Alibaba, BYD, Tencent, and CATL to its military enterprise blacklist, sending a chill through HK-listed Chinese stocks.

💬 Today's 3 Big Questions

Tesla's unsupervised robotaxi service launched in Austin on June 6 without safety drivers, sending TSLA to +5% and making it the most-traded name on the platform. Robotaxi has been a bull thesis for years. Now it's real, with 20 cars on actual roads. Does this make Tesla a genuine AI and robotics stock that deserves a structural rerating — or are 20 cars in Austin too small to change the valuation picture?
Intel won 3 million AI chips from Google and surged 11%. NVIDIA signed a multi-year AI memory partnership with SK Hynix on the same day. Both moves signal hyperscalers deliberately building multi-vendor AI supply chains. Does this week's Intel and NVDA-Hynix news tell you the AI hardware trade is broadening beyond single-vendor dependency — and how does that change your NVDA position sizing?
The US government added Alibaba, BYD, Tencent, and CATL to its military enterprise blacklist, restricting US institutional investment. These four names cover China's biggest tech, EV, social media, and battery companies. How much of your China/HK portfolio needs to be reconsidered — and is this a buying opportunity for those who think the impact is overblown, or a genuine structural headwind?

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⏰ Deadline: June 9, 2026, 11:59 PM (SGT)

📊 Quick Market Recap

🌍 Global Macro & Markets

US semiconductor index surged over +5% on Monday; Iran partially de-escalated (declared end to military operations against Israel); WTI settled at USD 91.30, Brent at USD 94.25, pulling back from weekend highs on the de-escalation signal.
US government added Alibaba, BYD, Tencent, and CATL to its military enterprise blacklist, restricting US institutional investment in these companies.
OpenAI confirmed a confidential S-1 IPO filing; SpaceX confirmed heavy oversubscription ahead of Thursday's final pricing.

🇺🇸 US Markets: Tesla Robotaxi, Intel's Big Order, and the AI Broadening Trade

📈 S&P 500 and Nasdaq closed higher Monday. Semiconductor index +5%. Markets recovered from Friday's selloff as Iran de-escalated and chip stocks rebounded sharply.
Tesla (TSLA) surged +5% to $408.95 after its fully unsupervised Austin robotaxi service officially launched on June 6 — operating without safety drivers in real commercial conditions. Platform order volume hit 2,961 units, the highest of any stock tracked. Barclays maintained Equal Weight with a USD 360 target.
Intel (INTC) surged +11% after securing an order for approximately 3 million AI chips from Google for TPU production (2028 ramp). NVIDIA also evaluated Intel's 18A process node; Wells Fargo raised its price target to USD 110.
NVIDIA (NVDA) gained +1.7% to approximately USD 208 after signing a multi-year AI memory partnership with SK Hynix, securing priority HBM4 supply access for future GPU generations. The deal directly benefits 7709 (South Korea 2x SK Hynix HK ETF).
Marvell Technology (MRVL) rose approximately +9% following announcement of its S&P 500 index inclusion effective June 22, triggering mandatory buying from all S&P 500 tracking ETFs and index funds on the inclusion date.
Apple (AAPL) gained community attention with WWDC 2026 announcements including iOS 27, macOS Golden Gate, and a rebuilt Siri powered in part by Google Gemini models. Wedbush raised its price target to USD 400. Stock reaction was mixed.
Eli Lilly (LLY) hit a new all-time closing high after announcing expanded weight loss drug indications.
Micron (MU) recovered approximately +8.2% to ~USD 1,070 after last Friday's -13% decline; SanDisk (SNDK) +4.6%; Broadcom (AVGO) +3.3% in a broad chip sector rebound.

🇸🇬 Singapore Markets

📈 STI closed Monday at 4,963 (-0.35%), holding well versus Korea's -8.3% and Hong Kong's -1.5% during Friday's Asian sell-off. Tuesday expected to open higher tracking Monday's US recovery.
Singapore hiring sentiment fell to +13% for Q3 2026, the lowest since Q4 2021 (vs Asia Pacific +28%, global +26%). Employers continue to pay premiums for AI literacy (66%) and AI development skills (64%).
OCBC Bank (O39.SG) launches physical gold custody service from tomorrow, June 10, offering 400-troy-ounce bars and 1kg kilobars in a Singapore-based vault. Gold bar demand +50% YoY in Q1 2026.
UOB (U11.SG): Morningstar cited potential value unlock from a possible sale of UOB's asset management business to a global operator such as AllianzGI.
S-REITs sector: UOB Kay Hian and DBS constructive; sector trades at 6.2% FY26 yield; Keppel DC REIT delivered 19% NPI growth.

🇭🇰 Hong Kong & China Markets

📈 Hang Seng fell 1.22% Monday; Hang Seng China Enterprises -1.13%, weighed by the US military blacklist designation.
Alibaba (9988.HK) fell approximately -2.5% following the US military enterprise blacklist designation. Tencent (700.HK), BYD (1211.HK), and CATL (3750.HK) also face new institutional investment restrictions.
Xiaomi (1810.HK) repurchased approximately 3.6 million shares on June 8 for approximately HKD 98.4 million, signalling management confidence at current levels.
Baidu (9888.HK) fell -7% as subsidiary Kunlun Chip's IPO timeline remained uncertain.

📅 Key Events Tonight / This Week

🇺🇸 Apple WWDC 2026 — Ongoing (opened June 8, multi-day)
🇺🇸🇨🇳 US CPI (May) + China CPI (May) — Tomorrow, June 10 (~20:30 SGT for US data)
🇺🇸 Weekly Jobless Claims + SpaceX IPO final pricing — Thursday, June 11
🇺🇸 SpaceX Nasdaq debut (SPCX) — Friday, June 12
🌍 Iran/Hormuz — Partial de-escalation ongoing; deal timeline pending

Disclaimer: For reference only, not investment advice.