#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq slip as Treasury yields rise, earnings roll on
Live updates
https://finance.yahoo.com/markets/live/stock-market-today-thursday-august-6-dow-sp-nasdaq-091620000.html
Stock market today: Dow, S&P 500, Nasdaq slip as Treasury yields rise, earnings roll on
Live updates
https://finance.yahoo.com/markets/live/stock-market-today-thursday-august-6-dow-sp-nasdaq-091620000.html
Yahoo Finance
Stock market today: Nasdaq futures slip, Dow and S&P 500 futures inch up as earnings roll on
Investors absorbed a wall of earnings reports, prospects of an imminent Strait of Hormuz deal, and fresh labor market data.
Netflix and MercadoLibre Are Underperforming the S&P 500. Here's the 1 Stock I'd Buy in August.
https://finance.yahoo.com/markets/stocks/articles/netflix-mercadolibre-underperforming-p-500-173700265.html
https://finance.yahoo.com/markets/stocks/articles/netflix-mercadolibre-underperforming-p-500-173700265.html
Yahoo Finance
Netflix and MercadoLibre Are Underperforming the S&P 500. Here's the 1 Stock I'd Buy in August.
I own both stocks already, but there's only one on my short list of buy candidates this month.
Tesla and SpaceX to invest $16.8B in Terafab chip factory in Texas
https://finance.yahoo.com/technology/ai/articles/tesla-spacex-invest-16-8b-171827087.html
https://finance.yahoo.com/technology/ai/articles/tesla-spacex-invest-16-8b-171827087.html
Yahoo Finance
Tesla and SpaceX to invest $16.8B in Terafab chip factory in Texas
The facility in Grimes County will span more than 100 million square feet and is expected to create at least 3,000 jobs
#USMarketUpdate
Stocks close lower as investors eye Mideast talks, earnings | Reuters
SUMMARY
Software stocks weighed down by AppLovin, Datadog resultsSpaceX finds footing as investors eye lockup expiryKey nonfarm payrolls data due on FridayIndexes off: Dow 0.85%, S&P 500 0.18%, Nasdaq 0.06%
NEW YORK, Aug 6 (Reuters) - U.S. stocks finished the trading session lower on Thursday, pausing after a strong start to the week, as investors digested the latest round of corporate earnings and looked for signs of progress toward a peace deal between the U.S. and Iran.
A robust earnings season, which has tempered some concerns about the massive spending by AI-related companies, and growing optimism over the potential end of hostilities in the Iran war helped propel both the Dow Industrials and S&P 500 to record highs earlier this week.
Oil prices rose, with U.S. crude settling up 2.75% at $77.29 a barrel and Brent settling at $82.49 per barrel, up 3.83%. Iran's semi-official Fars news agency reported that an Iranian parliamentary committee is reviewing a preliminary bill that would bar U.S., Israeli and other "hostile" vessels from transiting the Strait of Hormuz.
https://www.reuters.com/business/retail-consumer/sp-500-dow-futures-steady-mideast-deal-focus-chips-stumble-2026-08-06/
Dow, S&P slip as investors eye Middle East talks, earnings
https://www.straitstimes.com/business/companies-markets/dow-sp-slip-as-investors-eye-mideast-talks-earnings
Stocks close lower as investors eye Mideast talks, earnings | Reuters
SUMMARY
Software stocks weighed down by AppLovin, Datadog resultsSpaceX finds footing as investors eye lockup expiryKey nonfarm payrolls data due on FridayIndexes off: Dow 0.85%, S&P 500 0.18%, Nasdaq 0.06%
NEW YORK, Aug 6 (Reuters) - U.S. stocks finished the trading session lower on Thursday, pausing after a strong start to the week, as investors digested the latest round of corporate earnings and looked for signs of progress toward a peace deal between the U.S. and Iran.
A robust earnings season, which has tempered some concerns about the massive spending by AI-related companies, and growing optimism over the potential end of hostilities in the Iran war helped propel both the Dow Industrials and S&P 500 to record highs earlier this week.
Oil prices rose, with U.S. crude settling up 2.75% at $77.29 a barrel and Brent settling at $82.49 per barrel, up 3.83%. Iran's semi-official Fars news agency reported that an Iranian parliamentary committee is reviewing a preliminary bill that would bar U.S., Israeli and other "hostile" vessels from transiting the Strait of Hormuz.
https://www.reuters.com/business/retail-consumer/sp-500-dow-futures-steady-mideast-deal-focus-chips-stumble-2026-08-06/
Dow, S&P slip as investors eye Middle East talks, earnings
https://www.straitstimes.com/business/companies-markets/dow-sp-slip-as-investors-eye-mideast-talks-earnings
While You Were Sleeping: 5 stories you might have missed, Aug 7, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-aug-7-2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-aug-7-2026
The Straits Times
While You Were Sleeping: 5 stories you might have missed, Aug 7, 2026
While You Were Sleeping: 5 stories you might have missed, Aug 7, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
The memory crisis is driving up the cost of consumer electronics, and prices may never come down
https://finance.yahoo.com/technology/article/the-memory-crisis-is-driving-up-the-cost-of-consumer-electronics-and-prices-may-never-come-down-163444837.html
https://finance.yahoo.com/technology/article/the-memory-crisis-is-driving-up-the-cost-of-consumer-electronics-and-prices-may-never-come-down-163444837.html
Yahoo Finance
The memory crisis is driving up the cost of consumer electronics, and prices may never come down
The memory shortage driving up the cost of consumer electronics, and the prices might never come back down.
OCBC Q2 profit rises 22% to S$2.22 billion, beating expectations
The earnings beat the S$1.91 billion consensus forecast in a Bloomberg survey of five analysts. OCBC declared an interim dividend of S$0.47 a share, up from S$0.41 a share the year before.
https://bt.sg/hs3p
The earnings beat the S$1.91 billion consensus forecast in a Bloomberg survey of five analysts. OCBC declared an interim dividend of S$0.47 a share, up from S$0.41 a share the year before.
https://bt.sg/hs3p
No B.S. Just Charts.
The S&P 500 just broke out above a descending trend line, and Gareth #Soloway, Chief Market Strategist at Verified Investing, walks through exactly where the market is headed next based on probability via the charts. In this session, Gareth breaks down the parallel channel the market has been stuck in since the 2020 COVID lows, the bull flag that just resolved to the upside, and the first major resistance level traders need to monitor near 7,830 (a level he thinks could get hit as early as next week).
Gareth then runs a crash course in trend line reading, showing why not every trend line break turns him bearish, and where a real breakdown would open the door to selling all the way down toward 7,000 and a possible gap fill. From there he moves to the NASDAQ (QQQ), where relative strength held up despite the drops in the semis off Sandisk and Western Digital earnings, and he maps the multi-factor resistance zone stacking a gap fill, a pivot high, and the 88.6% Fibonacci retrace.
Gareth also covers Microsoft's gap fill near 507, and a textbook topping tail reversal signal on Alphabet, teaching the full candle criteria along the way. This is the breadcrumb approach to reading a chart: let the market tell you the most likely outcome.
https://youtu.be/xZkT0aOIafE?is=lH0Xcvk6Cj22QHC8
The S&P 500 just broke out above a descending trend line, and Gareth #Soloway, Chief Market Strategist at Verified Investing, walks through exactly where the market is headed next based on probability via the charts. In this session, Gareth breaks down the parallel channel the market has been stuck in since the 2020 COVID lows, the bull flag that just resolved to the upside, and the first major resistance level traders need to monitor near 7,830 (a level he thinks could get hit as early as next week).
Gareth then runs a crash course in trend line reading, showing why not every trend line break turns him bearish, and where a real breakdown would open the door to selling all the way down toward 7,000 and a possible gap fill. From there he moves to the NASDAQ (QQQ), where relative strength held up despite the drops in the semis off Sandisk and Western Digital earnings, and he maps the multi-factor resistance zone stacking a gap fill, a pivot high, and the 88.6% Fibonacci retrace.
Gareth also covers Microsoft's gap fill near 507, and a textbook topping tail reversal signal on Alphabet, teaching the full candle criteria along the way. This is the breadcrumb approach to reading a chart: let the market tell you the most likely outcome.
https://youtu.be/xZkT0aOIafE?is=lH0Xcvk6Cj22QHC8
YouTube
S&P 500 Breakout: The Next Target Before Resistance
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SGX records all-time highs in revenue, net profit for FY2026
https://www.businesstimes.com.sg/companies-markets/sgx-records-all-time-highs-revenue-net-profit-fy2026
https://www.businesstimes.com.sg/companies-markets/sgx-records-all-time-highs-revenue-net-profit-fy2026
The Business Times
SGX records all-time highs in revenue, net profit for FY2026
Net profit up 7.8% at S$698.4 million; revenue rises 13.9% to S$1.5 billion Read more at The Business Times.
UOB Q2 profit rises 10% to S$1.48 billion, edging past estimates
The lender declared a dividend of S$0.88 per share for the period.
https://bt.sg/k6mHj
The lender declared a dividend of S$0.88 per share for the period.
https://bt.sg/k6mHj
🇸🇬🎆 No NDP tickets? Here's our guide to the best (free) National Day fireworks viewing spots around Kallang so you can plan your evening family picnic: https://cna.asia/4fGF0vj
US court orders Meta to pay US$567m over harms to children’s mental health
https://www.businesstimes.com.sg/international/us-court-orders-meta-pay-us567m-over-harms-childrens-mental-health
https://www.businesstimes.com.sg/international/us-court-orders-meta-pay-us567m-over-harms-childrens-mental-health
The Business Times
US court orders Meta to pay US$567m over harms to children’s mental health
The New Mexico case is being closely watched as states, municipalities and school districts across the US pursue similar claims Read more at The Business Times.
SGX has IPO pipeline of around 50 companies in various stages of readiness amid record results
https://www.businesstimes.com.sg/companies-markets/sgx-has-ipo-pipeline-around-50-companies-various-stages-readiness-amid-record-results
https://www.businesstimes.com.sg/companies-markets/sgx-has-ipo-pipeline-around-50-companies-various-stages-readiness-amid-record-results
The Business Times
SGX has IPO pipeline of around 50 companies in various stages of readiness amid record results
It reports a 7.8% rise in FY2026 net profit to S$698.4 million, driven by gains across all segments Read more at The Business Times.
Iran wants to bar US, Israeli ships from Hormuz in peace accord
https://www.businesstimes.com.sg/international/iran-wants-bar-us-israeli-ships-hormuz-peace-accord
https://www.businesstimes.com.sg/international/iran-wants-bar-us-israeli-ships-hormuz-peace-accord
The Business Times
Iran wants to bar US, Israeli ships from Hormuz in peace accord
The Islamic Republic also seeks to require compensation from hostile countries before they are allowed to use the waterway Read more at The Business Times.
Chinese AI boom sends Hong Kong data centre prices soaring
https://www.businesstimes.com.sg/international/global/chinese-ai-boom-sends-hong-kong-data-centre-prices-soaring
https://www.businesstimes.com.sg/international/global/chinese-ai-boom-sends-hong-kong-data-centre-prices-soaring
The Business Times
Chinese AI boom sends Hong Kong data centre prices soaring
Wholesale pricing bands offered to hyperscalers have increased by 90% from the beginning of 2026 Read more at The Business Times.
🇸🇬 PSA – Heading to NDP or driving near the National Stadium on Sunday? Take note of these road closures; if you're going to the parade, expect heavy crowds and security checks: https://cna.asia/3TETfs0
18 Best Things To Do This Weekend In SG (7th-9th August 2026)
https://thesmartlocal.com/read/things-to-do-this-weekend-singapore/
https://thesmartlocal.com/read/things-to-do-this-weekend-singapore/
TheSmartLocal - Singapore's Leading Travel and Lifestyle Portal
21 Best Things To Do This Weekend In Singapore – 21st-23rd August 2026
Looking for activities to fill your calendar? Here are all the best things to do this weekend in Singapore.
Things to do in and around Singapore | Time Out Singapore
https://www.timeout.com/singapore/things-to-do
https://www.timeout.com/singapore/things-to-do
Time Out Singapore
Things to do in and around Singapore | Time Out Singapore
The best things to do in Singapore, including events, festivals, attractions, tours, free activities, and entertainment
#HKMarketUpdate
<Full-day Takeaway>HSI Closes at 25,668, Up 137 pts; HSTI Closes at 4,858, Up 37 pts; WUXI BIO Up over 10%; WUXI BIO, LENOVO GROUP, WUXI APPTEC, GENSCRIPT BIO, PACIFIC BASIN Hit New Highs; Market Turnover Rises
2026/08/07 16:12 GMT+08
At close, HSI rose 137 pts or 0.5% to 25,668. HSTI rose 37 pts or 0.8% to 4,858. HSCEI gained 32 pts or 0.4% to 8,531. Market turnover reached $259.69 billion.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1537158/top-news/AAFN
<Full-day Takeaway>HSI Closes at 25,668, Up 137 pts; HSTI Closes at 4,858, Up 37 pts; WUXI BIO Up over 10%; WUXI BIO, LENOVO GROUP, WUXI APPTEC, GENSCRIPT BIO, PACIFIC BASIN Hit New Highs; Market Turnover Rises
2026/08/07 16:12 GMT+08
At close, HSI rose 137 pts or 0.5% to 25,668. HSTI rose 37 pts or 0.8% to 4,858. HSCEI gained 32 pts or 0.4% to 8,531. Market turnover reached $259.69 billion.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1537158/top-news/AAFN
AASTOCKS.COM
<Full-day Takeaway>HSI Closes at 25,668, Up 137 pts; HSTI Closes at 4,858, Up 37 pts; WUXI BIO Up over 10%; WUXI BIO, LENOVO GROUP…
At close, HSI rose 137 pts or 0.5% to 25,668. HSTI rose 37 pts or 0.8% to 4,858. HSCEI gaine...