To The Moon

Can you make your own AI chips?? Since the introduction of ChatGPT last November, the semiconductor industry has witnessed a huge rally due to AI hype! Notably, $NVIDIA Corp(NVDA)$ was the biggest winner gaining ~220% YTD due to the significant improvement in its quarterly revenue. However, most semiconductor companies are not reporting a significant increase in the revenue. There's reports citing that OpenAI, an AI leader backed by Microsoft (MSFT) whose launch of the ChatGPT chatbot kicked off an AI investing frenzy, is exploring making its own AI chips. Amid a shortage of chips to fuel AI growth, OpenAI is also considering options to diversify its suppliers beyond Nvidia. While NVIDI

Some argue that wars can create economic instability, leading to bearish trends in the stock market, while others contend that certain sectors, like defense and technology, might experience bullish growth during times of conflict.The war bulls list the wars and index performance. It seems that 4 out of 5 presented upward momentum after the war broke out.The bears compare the price trend of $S&P 500(.SPX)$ and oil prices $WTI Crude Oil - main 2311(CLmain)$ Let’s look at the recent war in 2022:The first chart shows that $S&P 500(.SPX)$ rebounded soon after Russia-Ukraine conflicts broke out on 24th Feb, 2022.However, for a longer period, the index kept

U.S. stock index futures fell on Monday, while crude oil prices rose nearly 3 percent, as an unexpected clash between Israel and the Palestinian Islamist group Hamas roiled global markets and sent investors into safe-haven assets.This week's data will again be in focus, with September's producer price index (PPI) and consumer price inflation (CPI) data due on Wednesday (11) and Thursday (12), respectively.Investors on Monday will also watch speeches by Fed Vice Chairman Thomas Jefferson and Vice Chairman for Supervision Jeffrey Barr. The focus will also be on the upcoming Q3 earnings reports from major banks such as jpmorgan Chase (JPM)$, Wells Fargo (WFC)$, Citigroup and asset manager BlackRock (BLK)$.Tesla (TSLA) fell 1.6% after data showed sales

The MSCI Singapore Index (‘SIMSCI’) comprises 22 stocks, which includes 20 stocks that are also a part of the STI $Straits Times Index(STI.SI)$ , in addition to the NYSE-listed Sea $Sea Ltd(SE)$ and Nasdaq-listed Grab Holdings $Grab Holdings(GRAB)$ . SEA reported two-thirds of its 2022 revenue to South East Asia, and Grab Holdings reported all of its 2022 revenue to South East Asia, with 36% of Grab Holding’s revenue reported to Malaysia and 21% reported to Singapore. Together Sea and Grab Holdings maintain 13% of the SIMSCI weights, retreating 3 percentage points year-on-year. STI constituents Jardine Matheson Holdings and Hongkong Land Holdings are currently a