#SgMarketUpdate
Singapore shares end higher on Tuesday; STI up 1%
Singapore stocks ended higher on Tuesday (Aug 11) amid a mixed performance from wider Asia markets.
The benchmark Straits Times Index (STI) gained 1 per cent or 55.74 points to finish at 5,754.17.
Yangzijiang Shipbuilding led the gainers on Singapore’s blue-chip index, rising 11 per cent or S$0.46 to S$4.66.
This is an extension of its earnings rally on Aug 7, when it gained 6.6 per cent after the shipbuilder posted a 28.4 per cent rise in net profit to 5.4 billion yuan (US$800 million) for its first half.
The worst performer among STI constituents was Singapore Airlines, which fell 5.9 per cent or S$0.45 to S$7.15.
The three local banks ended mixed. DBS rose 0.9 per cent or S$0.66 to S$76.99 and OCBC was up 3.5 per cent or S$1.06 at S$31.36, while UOB finished 2.6 per cent or S$1.14 lower at S$42.16...
Across the broader market, gainers outnumbered losers 327 to 281, after 1.6 billion securities worth nearly S$3.6 billion changed hands...
Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 1.1 per cent and the FTSE Bursa Malaysia KLCI was down 0.2 per cent, while South Korea’s Kospi rose 0.7 per cent...
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-higher-tuesday-sti-1
Singapore shares end higher on Tuesday; STI up 1%
Singapore stocks ended higher on Tuesday (Aug 11) amid a mixed performance from wider Asia markets.
The benchmark Straits Times Index (STI) gained 1 per cent or 55.74 points to finish at 5,754.17.
Yangzijiang Shipbuilding led the gainers on Singapore’s blue-chip index, rising 11 per cent or S$0.46 to S$4.66.
This is an extension of its earnings rally on Aug 7, when it gained 6.6 per cent after the shipbuilder posted a 28.4 per cent rise in net profit to 5.4 billion yuan (US$800 million) for its first half.
The worst performer among STI constituents was Singapore Airlines, which fell 5.9 per cent or S$0.45 to S$7.15.
The three local banks ended mixed. DBS rose 0.9 per cent or S$0.66 to S$76.99 and OCBC was up 3.5 per cent or S$1.06 at S$31.36, while UOB finished 2.6 per cent or S$1.14 lower at S$42.16...
Across the broader market, gainers outnumbered losers 327 to 281, after 1.6 billion securities worth nearly S$3.6 billion changed hands...
Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 1.1 per cent and the FTSE Bursa Malaysia KLCI was down 0.2 per cent, while South Korea’s Kospi rose 0.7 per cent...
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-end-higher-tuesday-sti-1
The Business Times
Singapore shares end higher on Tuesday; STI up 1%
Across the broader market, gainers beat losers 327 to 281, as 1.6 billion securities worth S$3.6 billion change hands Read more at The Business Times.
China's car sales extend slide as shift accelerates to overseas markets
https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-car-sales-extend-slide-shift-accelerates-overseas-markets
https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-car-sales-extend-slide-shift-accelerates-overseas-markets
The Business Times
China's car sales extend slide as shift accelerates to overseas markets
For the first seven months of the year as a whole, domestic passenger vehicle sales declined 20.5% Read more at The Business Times.
Stocks making the biggest moves premarket: Riot Platforms, Hims & Hers Health, Intel & more
https://www.cnbc.com/2026/08/11/stocks-making-the-biggest-moves-premarket-riot-hims-intc.html?__source=androidappshare
https://www.cnbc.com/2026/08/11/stocks-making-the-biggest-moves-premarket-riot-hims-intc.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: Riot Platforms, Hims & Hers Health, Intel & more
These are the stocks posting the largest moves premarket.
Sea Q2 earnings up 10.6% at US$458.1 million, as Shopee hits new highs
https://www.businesstimes.com.sg/companies-markets/sea-q2-earnings-10-6-us458-1-million-shopee-hits-new-highs
https://www.businesstimes.com.sg/companies-markets/sea-q2-earnings-10-6-us458-1-million-shopee-hits-new-highs
The Business Times
Sea Q2 earnings up 10.6% at US$458.1 million as Shopee hits new highs
Earnings per share stand at US$0.72, compared with US$0.68 a year earlier Read more at The Business Times.
Morgan Stanley sees more upside in these stocks as 'chipflation' worsens
https://finance.yahoo.com/markets/article/morgan-stanley-sees-more-upside-in-these-stocks-as-chipflation-worsens-115127413.html
https://finance.yahoo.com/markets/article/morgan-stanley-sees-more-upside-in-these-stocks-as-chipflation-worsens-115127413.html
Yahoo Finance
Morgan Stanley sees more upside in these stocks as 'chipflation' worsens
Some names to play for 'chipflation'.
Intel's huge rally is helping pay for its AI comeback: Chart of the Day
https://finance.yahoo.com/markets/article/intels-huge-rally-is-helping-pay-for-its-ai-comeback-chart-of-the-day-100000146.html
https://finance.yahoo.com/markets/article/intels-huge-rally-is-helping-pay-for-its-ai-comeback-chart-of-the-day-100000146.html
Yahoo Finance
Intel's huge rally is helping pay for its AI comeback: Chart of the Day
Intel said Monday it plans to raise $15 billion by selling new shares to investors, giving it fresh cash for factories, equipment, day-to-day operations, and other needs. That comes with a cost for existing shareholders — one that its recent stock rally has…
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#USMarketUpdate
S&P 500 posts back-to-back losses, weighed down by tech sell-off and Iran uncertainty
Live updates
The S&P 500 fell on Tuesday, bogged down by key technology stocks, as hopes among investors that the the Strait of Hormuz would reopen faltered, exacerbating lingering doubts that the U.S. and Iran can reach a broader resolution to the conflict.
The broad market index lost 0.32%, dropping for a second day and closing at 7,728.20. The Nasdaq Composite fell 0.60% to 26,445.45. The Dow Jones Industrial Average shed 184.13 points, or 0.34%, to end at 53,791.85.
Communication services was the leading S&P 500 laggard, falling more than 2% as Alphabet and AppLovin shares dropped 3.8% and nearly 6%, respectively. Alphabet shares have been under pressure recently, notching their fourth losing session in five, since Google announced last week that it’s reshuffling its artificial intelligence divisions.
https://www.cnbc.com/2026/08/10/stock-market-today-live-updates.html?__source=androidappshare
S&P 500 posts back-to-back losses, weighed down by tech sell-off and Iran uncertainty
Live updates
The S&P 500 fell on Tuesday, bogged down by key technology stocks, as hopes among investors that the the Strait of Hormuz would reopen faltered, exacerbating lingering doubts that the U.S. and Iran can reach a broader resolution to the conflict.
The broad market index lost 0.32%, dropping for a second day and closing at 7,728.20. The Nasdaq Composite fell 0.60% to 26,445.45. The Dow Jones Industrial Average shed 184.13 points, or 0.34%, to end at 53,791.85.
Communication services was the leading S&P 500 laggard, falling more than 2% as Alphabet and AppLovin shares dropped 3.8% and nearly 6%, respectively. Alphabet shares have been under pressure recently, notching their fourth losing session in five, since Google announced last week that it’s reshuffling its artificial intelligence divisions.
https://www.cnbc.com/2026/08/10/stock-market-today-live-updates.html?__source=androidappshare
CNBC
Stock futures are steady as investors weigh Iran, Hormuz deal prospects: Live updates
Investors weighed signs of progress toward reopening the Strait of Hormuz against doubts that the U.S. and Iran can reach a broader resolution to the conflict.
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Hiltzik: The Trump administration's investments in corporate stocks raise fears of 'crony capitalism'
https://finance.yahoo.com/economy/policy/articles/hiltzik-trump-administrations-investments-corporate-100000904.html
https://finance.yahoo.com/economy/policy/articles/hiltzik-trump-administrations-investments-corporate-100000904.html
Yahoo Finance
Hiltzik: The Trump administration's investments in corporate stocks raise fears of 'crony capitalism'
The Trump administration's investments in corporate stocks make it a significant shareholder in an unprecedented 30 companies. Voters and economists are uneasy.
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#USMarketUpdate
Wall Street ends down as US-Iran peace optimism fades | Reuters
SUMMARY
Sportswear brand On tumbles after second-quarter results
S&P 500 -0.32%, Nasdaq -0.60%, Dow -0.34%
Aug 11 (Reuters) - Wall Street ended lower on Tuesday, with Amazon and Alphabet dipping, as investors became more pessimistic about a potential deal to bring stability to the Middle East.
The Strait of Hormuz will remain closed as long as the U.S. does not change its behavior and accept Iran's conditions to end the war, the newly appointed secretary of Iran's Supreme National Security Council said.
Brent crude futures held near one-week highs in choppy trading, while the S&P 500 energy sector index (.SPNY), opens new tab climbed 1.1%.
Amazon (AMZN.O), opens new tab dipped 2.1% and Alphabet (GOOGL.O), opens new tab fell 3.8%, both weighing on the S&P 500 and Nasdaq. SpaceX (SPCX.O), opens new tab declined almost 4%.
Alternative asset managers rose, with Apollo Global (APO.N), opens new tab up 6.2% and Blackstone (BX.N), opens new tab rallying almost 4%. They were among financial institutions that recently partnered with Nvidia (NVDA.O), opens new tab to establish compute-financing platforms aimed at mobilizing more than $500 billion.
The S&P 500 declined 0.32% to 7,728.20 points.
The Nasdaq dropped 0.6% to 26,445.45 points, while the Dow Jones Industrial Average declined 0.34% to 53,791.85 points.
Even as the S&P 500 dipped, advancing issues outnumbered falling ones (.AD.SPX), opens new tab by a 1.2-to-one ratio.
The S&P 500 posted 22 new highs and one new low; the Nasdaq recorded 108 new highs and 75 new lows.
Strong quarterly earnings helped lift the S&P 500 to all-time highs last week, while the Nasdaq (.IXIC), opens new tab was down about 2% from its record high close on June 2.
Volume on U.S. exchanges was relatively light, with 15 billion shares traded, compared to an average of 17.6 billion shares over the previous 20 sessions.
https://www.reuters.com/business/wall-st-futures-muted-us-iran-impasse-lifts-oil-prices-2026-08-11/
Wall Street ends down as US-Iran peace optimism fades
https://www.straitstimes.com/business/companies-markets/wall-street-ends-down-as-us-iran-peace-optimism-fades
Wall Street ends down as US-Iran peace optimism fades | Reuters
SUMMARY
Sportswear brand On tumbles after second-quarter results
S&P 500 -0.32%, Nasdaq -0.60%, Dow -0.34%
Aug 11 (Reuters) - Wall Street ended lower on Tuesday, with Amazon and Alphabet dipping, as investors became more pessimistic about a potential deal to bring stability to the Middle East.
The Strait of Hormuz will remain closed as long as the U.S. does not change its behavior and accept Iran's conditions to end the war, the newly appointed secretary of Iran's Supreme National Security Council said.
Brent crude futures held near one-week highs in choppy trading, while the S&P 500 energy sector index (.SPNY), opens new tab climbed 1.1%.
Amazon (AMZN.O), opens new tab dipped 2.1% and Alphabet (GOOGL.O), opens new tab fell 3.8%, both weighing on the S&P 500 and Nasdaq. SpaceX (SPCX.O), opens new tab declined almost 4%.
Alternative asset managers rose, with Apollo Global (APO.N), opens new tab up 6.2% and Blackstone (BX.N), opens new tab rallying almost 4%. They were among financial institutions that recently partnered with Nvidia (NVDA.O), opens new tab to establish compute-financing platforms aimed at mobilizing more than $500 billion.
The S&P 500 declined 0.32% to 7,728.20 points.
The Nasdaq dropped 0.6% to 26,445.45 points, while the Dow Jones Industrial Average declined 0.34% to 53,791.85 points.
Even as the S&P 500 dipped, advancing issues outnumbered falling ones (.AD.SPX), opens new tab by a 1.2-to-one ratio.
The S&P 500 posted 22 new highs and one new low; the Nasdaq recorded 108 new highs and 75 new lows.
Strong quarterly earnings helped lift the S&P 500 to all-time highs last week, while the Nasdaq (.IXIC), opens new tab was down about 2% from its record high close on June 2.
Volume on U.S. exchanges was relatively light, with 15 billion shares traded, compared to an average of 17.6 billion shares over the previous 20 sessions.
https://www.reuters.com/business/wall-st-futures-muted-us-iran-impasse-lifts-oil-prices-2026-08-11/
Wall Street ends down as US-Iran peace optimism fades
https://www.straitstimes.com/business/companies-markets/wall-street-ends-down-as-us-iran-peace-optimism-fades
#HKMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq slip amid US-Iran impasse, Alphabet stock sinks
US stocks slipped on Tuesday as the standoff between the US and Iran intensified, raising doubts about progress toward a deal to reopen the Strait of Hormuz ahead of a key inflation report.
The Dow Jones Industrial Average (^DJI) fell roughly 0.3% while the S&P 500 (^GSPC) dropped 0.3%. The tech-heavy Nasdaq Composite (^IXIC) declined about 0.6% after stocks closed lower on Monday.
https://finance.yahoo.com/markets/live/stock-market-today-tuesday-august-11-dow-sp-500-nasdaq-102827503.html
Stock market today: Dow, S&P 500, Nasdaq slip amid US-Iran impasse, Alphabet stock sinks
US stocks slipped on Tuesday as the standoff between the US and Iran intensified, raising doubts about progress toward a deal to reopen the Strait of Hormuz ahead of a key inflation report.
The Dow Jones Industrial Average (^DJI) fell roughly 0.3% while the S&P 500 (^GSPC) dropped 0.3%. The tech-heavy Nasdaq Composite (^IXIC) declined about 0.6% after stocks closed lower on Monday.
https://finance.yahoo.com/markets/live/stock-market-today-tuesday-august-11-dow-sp-500-nasdaq-102827503.html
Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq slip amid US-Iran impasse, Alphabet stock sinks
Markets were subdued as the US and Iran dug in their heels, clouding hopes for a Hormuz deal.
#Earnings
Live updates:
The Trade Desk stock plummets on earnings miss, Oklo jumps on 'criticality' milestone
https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html
Live updates:
The Trade Desk stock plummets on earnings miss, Oklo jumps on 'criticality' milestone
https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html
Yahoo Finance
Earnings live updates: Marriott stock falls as Middle East drags, Trump brothers-backed American Bitcoin swings to loss
Earnings continue to be the market's engine, and a series of results this week from Palantir, SpaceX, and AMD are set to rev up stocks again.
Tech stocks today:
CoreWeave and Supermicro results win over investors
Live updates
https://finance.yahoo.com/technology/live/tech-stocks-today-coreweave-and-supermicro-results-win-over-investors-135605566.html
CoreWeave and Supermicro results win over investors
Live updates
https://finance.yahoo.com/technology/live/tech-stocks-today-coreweave-and-supermicro-results-win-over-investors-135605566.html
Yahoo Finance
Tech stocks today: CoreWeave and Supermicro results win over investors
Tech stock news for the week of Aug. 10
CoreWeave narrows Q2 losses, stock climbs 8%
https://finance.yahoo.com/technology/article/coreweave-narrows-q2-losses-stock-climbs-8-193036479.html
https://finance.yahoo.com/technology/article/coreweave-narrows-q2-losses-stock-climbs-8-193036479.html
Yahoo Finance
CoreWeave narrows Q2 losses, stock climbs 8%
AI cloud provider CoreWeave reported its Q2 earnings after the bell on Tuesday, narrowing its losses per share and meeting expectations on revenue for the quarter.
Supermicro tops Q4 earnings expectations, offers strong Q1 guidance, stock jumps
https://finance.yahoo.com/technology/article/supermicro-tops-q4-earnings-expectations-offers-strong-q1-guidance-stock-jumps-210004983.html
https://finance.yahoo.com/technology/article/supermicro-tops-q4-earnings-expectations-offers-strong-q1-guidance-stock-jumps-210004983.html
Yahoo Finance
Supermicro tops Q4 earnings expectations, offers strong Q1 guidance, stock jumps
Supermicro reported its Q4 results after the bell on Tuesday.
Quantum trade moves beyond science fiction: AlphaCheck
https://finance.yahoo.com/markets/article/quantum-trade-moves-beyond-science-fiction-alphacheck-152407486.html
https://finance.yahoo.com/markets/article/quantum-trade-moves-beyond-science-fiction-alphacheck-152407486.html
Yahoo Finance
Quantum trade moves beyond science fiction: AlphaCheck
Two newly public quantum computing companies are about to report earnings. Their results will test the appetite for the budding technology that has captivated some corners on Wall Street.
Hims & Hers stock trims losses following quarterly results
https://finance.yahoo.com/markets/stocks/article/hims--hers-stock-trims-losses-following-quarterly-results-155021166.html
https://finance.yahoo.com/markets/stocks/article/hims--hers-stock-trims-losses-following-quarterly-results-155021166.html
Yahoo Finance
Hims & Hers stock trims losses following quarterly results
Hims & Hers Health stock declined 3% before trimming losses on Tuesday.
Burger King is back because of the Whopper — but its next big opportunity isn't food-related
https://finance.yahoo.com/markets/stocks/article/burger-king-is-back-because-of-the-whopper--but-its-next-big-opportunity-isnt-food-related-165137985.html
https://finance.yahoo.com/markets/stocks/article/burger-king-is-back-because-of-the-whopper--but-its-next-big-opportunity-isnt-food-related-165137985.html
Yahoo Finance
Burger King is back because of the Whopper — but its next big opportunity isn't food-related
Burger King has a new look in its sights.
July inflation is expected to ease, despite recent energy shocks
https://finance.yahoo.com/economy/article/july-inflation-is-expected-to-ease-despite-recent-energy-shocks-182926153.html
https://finance.yahoo.com/economy/article/july-inflation-is-expected-to-ease-despite-recent-energy-shocks-182926153.html
Yahoo Finance
July inflation is expected to ease, despite recent energy shocks
The closely watched Consumer Price Index is expected to rise 3.4% in July from a year ago, according to economists surveyed by Bloomberg, down slightly from June's 3.5% annual increase.
Airbnb CEO Brian Chesky on AI's future: One person can be a billion-dollar company
https://finance.yahoo.com/markets/article/airbnb-ceo-brian-chesky-on-ais-future-one-person-can-be-a-billion-dollar-company-133551037.html
https://finance.yahoo.com/markets/article/airbnb-ceo-brian-chesky-on-ais-future-one-person-can-be-a-billion-dollar-company-133551037.html
Yahoo Finance
Airbnb CEO Brian Chesky on AI's future: One person can be a billion-dollar company
Airbnb CEO Brian Chesky throws down a few tech predictions.
Riot Platforms stock surges on $9.1 billion data center deal with Anthropic
https://finance.yahoo.com/markets/stocks/article/riot-platforms-stock-surges-on-91-billion-data-center-deal-with-anthropic-132120194.html
https://finance.yahoo.com/markets/stocks/article/riot-platforms-stock-surges-on-91-billion-data-center-deal-with-anthropic-132120194.html
Yahoo Finance
Riot Platforms stock surges on $9.1 billion data center deal with Anthropic
The bitcoin mining company, which has pivoted toward selling data center capacity, signed a deal with a major AI developer, widely reported to be Anthropic, in a transaction valued at $9.1 billion.