DeepSeek's new AI model is by far the cheapest of well-known models to run, research firm says
https://finance.yahoo.com/technology/ai/articles/deepseeks-ai-model-far-cheapest-054143251.html

#Bloomberg
https://vt.tiktok.com/ZS4UXYMPU/

China's WeRide enters Denmark, extending European footprint
https://finance.yahoo.com/technology/articles/chinas-weride-enters-denmark-extending-053524981.html

Mark Zuckerberg Just Announced Great News for Meta's Shareholders
https://finance.yahoo.com/markets/stocks/articles/mark-zuckerberg-just-announced-great-062000932.html

Elon Musk's $1 Trillion Pay Package Requires Tesla Stock to Grow Roughly Sixfold to an $8.5 Trillion Market Cap
https://finance.yahoo.com/markets/stocks/articles/elon-musks-1-trillion-pay-060500651.html

Alibaba releases new Qwen AI model with performance rivalling Anthropic’s Fable
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/alibaba-releases-new-qwen-ai-model-performance-rivalling-anthropics-fable

<Full-day Takeaway>HSI Closes at 26,009, Up 124 pts; HSTI Closes at 4,875, Up 46 pts; BABA Up over 7%; TENCENT Up over 3%; ANGELALIGN, ABLE DIGITAL, LEE & MAN PAPER, BANK OF E ASIA, DAH SING Hit New Highs; Market Turnover Rises
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1536271/top-news/AAFN

#HKMarketUpdate
<H Shrs>HSI Ends Up 124 Pts, Reclaims 26,000; BABA-W Leaps 7%; XINYI SOLAR Swells 13%+ Post-results
2026/08/03 16:48 GMT+08

The HSI opened 102 pts higher before briefly turning south, but later regained upward momentum. It closed the day at 26,009, up 124 pts or 0.48%, with full-day turnover reaching HKD255.179 billion. The HSTECH closed at 4,875, up 46 pts or 0.96%, while the HSCEI closed at 8,652, up 40 pts or 0.46%.

https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1536281/top-news/AAFN

Higher palm oil prices lift outlook for SGX-listed planters ahead of Q2 results
https://www.businesstimes.com.sg/companies-markets/higher-palm-oil-prices-lift-outlook-sgx-listed-planters-ahead-q2-results

Daily Debrief: What Happened Today (Aug 3)
https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-aug-3

#WeekAhead by Reuters, Investopedia & Yahoo Finance
#Chart of the Day by Yahoo Finance
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics

Stocks making the biggest moves premarket: Alibaba, Bristol-Myers Squibb, eBay

https://www.cnbc.com/2026/08/03/stocks-making-the-biggest-moves-premarket-baba-azn-ebay-more.html?__source=androidappshare

AMD to report Q2 earnings as chip stocks continue to waver
https://finance.yahoo.com/technology/article/amd-to-report-q2-earnings-as-chip-stocks-continue-to-waver-110000620.html

#SgMarketUpdate
Singapore shares fall as local banks end mixed; STI down 0.3%

Singapore stocks ended lower on Monday (Aug 3).

The benchmark Straits Times Index (STI) lost 0.3 per cent or 16.22 points to finish at 5,612.28.

Seatrium : 5E2 +3.72% led the gainers on Singapore’s blue-chip index, rising 3.7 per cent or S$0.08 to S$2.23.

The worst performer among STI constituents was Hongkong Land : H78 -3.08%, which fell 3.1 per cent or US$0.25 to US$7.87.

The three local banks ended mixed. DBS : D05 +0.58% rose 0.6 per cent or S$0.43 to S$74.45, while OCBC : O39 -0.89% finished 0.9 per cent or S$0.26 lower at S$28.87, and UOB : U11 -0.83% ended down 0.8 per cent or S$0.36 at S$43.04...

Across the broader market, gainers outnumbered losers 318 to 257, after 1.3 billion securities worth S$2.1 billion changed hands.

International Cement : KUO +18.18% was the most actively traded stock with 108.7 million shares changing hands. DBS was the most actively traded stock in terms of value, with a volume of 3.3 million shares worth S$246.6 million.

Key regional indices were mixed. Hong Kong’s Hang Seng Index gained 0.5 per cent and the FTSE Bursa Malaysia KLCI inched up 0.05 per cent. Meanwhile, Japan’s Nikkei 225 fell 0.9 per cent and South Korea’s Kospi was down 5.1 per cent...


https://www.businesstimes.com.sg/companies-markets/singapore-shares-fall-local-banks-end-mixed-sti-down-0-3?utm_source=web_share&utm_medium=referral&utm_campaign=article

Semiconductor stocks sink over fears of increased competition from China
https://finance.yahoo.com/markets/article/semiconductor-stocks-sink-over-fears-of-increased-competition-from-china-133938642.html

SpaceX's first-ever earnings report comes as stock hits new all-time low: Q2 preview
https://finance.yahoo.com/technology/article/spacexs-first-ever-earnings-report-comes-as-stock-hits-new-all-time-low-q2-preview-132323178.html

Tech stock investors have a $1 trillion problem that won't improve until at least 2028
https://finance.yahoo.com/markets/article/tech-stock-investors-have-a-1-trillion-problem-that-wont-improve-until-at-least-2028-120918848.html

#Earnings live updates:
Snap stock surges as World Cup ads boost revenue, Whirlpool falls

Earnings continue to be the market's engine, and a series of results this week from Palantir (PLTR), SpaceX (SPCX), and AMD (AMD) could rev up stocks again.

In addition to Palantir's report on Monday, Snap (SNAP), Tyson (TSN), Marriott (MAR), and ON Semiconductor Corporation (ON) also reported. Later in the week, investors are gearing up for SpaceX's (SPCX) first quarterly report as a public company, as well as results from AMD, Caterpillar (CAT), McDonald's (MCD), Eli Lilly (LLY), and Novo Nordisk (NVO), among others.

https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html

#USMarketUpdate
Dow surges nearly 700 points for record close as Big Tech stocks rise, oil prices slide

Live updates

The Dow Jones Industrial Average surged to a record close on Monday as shares of major tech companies popped on the first day of August trading, while oil prices declined after President Donald Trump called off planned strikes against Iran.

The Dow jumped 693.38 points or 1.32%, to end the day at 53,178.41. The S&P 500 gained 1.48% to end at 7,600.50. The broad-market index is about 0.3% away from the all-time high it reached in early June. The Nasdaq Composite advanced 2.13% to 25,913.90.

The communications services and tech sectors were the driving forces behind the market’s advance. Meta Platforms surged 6% on the day. Amazon also rose more than 4%, hitting a record $3 trillion market capitalization and posting a new closing high. Nvidia, meanwhile, popped almost 3%, while Alphabet and Microsoft climbed close to 5% each.

Monday’s action marked a sharp about-face from tech’s rocky July performance, in which the State Street Technology Select Sector SPDR ETF (XLK) tanked nearly 8% while investors grew nervous over companies’ spending around AI.

However, investors have once again turned bullish on technology stocks as stronger-than-expected earnings roll in, Jed Ellerbroek, a portfolio manager at Argent Capital Management, told CNBC.

https://www.cnbc.com/2026/08/02/stock-market-today-live-updates.html?__source=androidappshare

Evening Update: Today’s headlines from The Straits Times on Aug 03, 2026

https://str.sg/vV5H

A hedge fund just got wiped out. A young manager who leveraged into the semiconductors with triple ETFs blew up hard enough that Citadel bought his distressed assets — and Gareth's view is simple: where there's one cockroach, there are many. That forced deleveraging is why the chips are pressured again after SanDisk's 40% two-day rip. Meanwhile oil is down as much as 9% after Trump backed off strikes on Iran, pulling yields in and giving stocks a bid. On today's Trading Game Plan, Gareth maps oil's next target, the joint US-Japan yen intervention, and the SpaceX measured move.

📐 TODAY'S GAME PLAN

🔴 US OIL — Down as much as 9% after strike threats were walked back. Gareth banked the short at his multi-factor level and sees a trail toward $70, with midterm politics pushing the same way.
🟢 SPY — Futures up 0.6% on the oil drop. Last week's close below the 2021 trend line never confirmed, so it was a fake-out. Watch 7,555–7,560 for a breakout; jobs data this week sets September Fed odds.
🔴 SEMIS / SNDK / MU — The deleveraging is epic, potentially hundreds of billions. SanDisk ripped 40% in two days off the round-number pierce, gave it back, and is lower again. Margin calls mean more pressure ahead.
🔴 30-YR / 10-YR YIELD — The 10-Year eases to 4.68% on oil, but the 30-Year is still at 2007 levels. September hike odds slipped as the bond market reads Warsh as bark, no bite.
🟢 DXY / USD-JPY — The dollar tagged key trend-line support and should bounce. The dollar-yen collapsed on intervention — and not just Japan: the US intervened jointly, nearly unprecedented, and a major reason he is a gold bull.
🔵 SPACEX — A measured move into tomorrow's earnings and a roughly 100-million-share unlock. Gareth watches $96–$97 as his buy zone below $100.
🔵 GOLD / SILVER — Gold retested the wedge trend line then pulled back as the dollar bounced; the wedge comes to a head by mid-August, so it must break within two weeks. Silver looks weak and must hold $54.80.
🔴 NATGAS / BITCOIN — Natural gas flat, with one more move down into spot support expected. Bitcoin struggles below its trend line; he wants a close above $63K and accumulates near $50K.

🔑 KEY TAKEAWAY: Leverage does not unwind quietly. One blown-up fund means forced selling across the group — which is why beaten-down chips get sold into every bounce until the deleveraging finishes.

⏱ TIMESTAMPS (estimated)
00:00 Oil Drops 9%, Stocks Get a Bid
03:30 S&P: The Fake-Out and Breakout Level
06:30 Yields: Why the 30-Year Stays High
09:30 The Joint US-Japan Yen Intervention
14:00 Hedge Fund Blowup and Semi Deleveraging
19:00 SanDisk: The 40% Rip and What's Next
21:30 SpaceX: Measured Move Into Earnings
25:00 Gold, Silver, Natural Gas, Bitcoin
31:30 Rumble Wallet: Claim $5 in USA₮
33:30 Wrap-Up

#StockMarket #Trading #Oil #Semiconductors #Chips #Gold #Silver #Bitcoin #SpaceX #Yields #HedgeFunds #DayTrading #Investing


https://www.youtube.com/live/0sgTgqR9FL4?is=nnLArrwWj_3qQjfE