iQIYI

$iQIYI(IQ.US) Missed on Revenue

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Enphase Energy(ENPH.US) Enphase Unveils Solid-State Transformer for AI Data Centers

Powell may not have an FOMC talk, but his recent QnA at a University sparks interests and influenced the market. A simple comment that inflation outlook in check and there's no need to hike rates due to oil shock has the market reacting positively. Let's see how the situation pans out in the next few weeks

Fed is in a dilemma. On one hand, he is cautious of rising inflation due to wars & tariff, on the other hand, he is watching unemployment rate in the labor market. Do nothing is the best current strategy for the Fed, till events becomes clearer. Singapore is pivoting to partner other trading blocks to increase trade export to like minded countries. And fast adoption of AI to enhance productivity to address rising cost of doing business here. Is all hands on deck. Singapore has to be ahead of the curve due to fast changing political and economical landscape changes to keep growth on track.

Fed’s dovish is shifting short term sentiment, creating a tactical risk on window. Not a full pivot yet,so stay long quality growth but keep macro hedges in place

Tesla TERAFAB – Moving into ultra scale compute fits the AI capex boom, where global demand is surging. For now, it’s a high beta narrative play, with execution risk still the main swing factor.

Singapore retains solid growth supported by strong manufacturing and AI driven exports, showing underlying resilience despite external risks.

Musk is again promising the sun and moon; selling a dream, forever over promising and shifting goal posts. With the geopolitical event causing headache and pocket-aches to investors, I don't think anyone would be in the mood to be an all-in bull right now...

7 days into negotiation between US and IRAN, but no news of any breakthrough. The war will be long and the blockade will last. Start being defensive people!

As the war continues, oil will be in short supply and cause Singapore to suffer. Yes we do have 6 months of reserve. But one that used up, we are in the same situation as other South East Asia counties... So be worried peeps!

As usual anything from tesla is to take with a pinch of salt. Elon Musk have always over promise but under deliver. Only when it really launches then believe in the narrative!

As the war continues and oil prices remain high, this will naturally cause inflation to tick higher and hence higher interest. Best to brace yourself for heavy repricing!

The tense situation in the Middle East poses a downside risk to Singapore's 3.0% GDP forecast. Singapore's reliance on crude oil processing means that tensions in the Gulf will undoubtedly have a significant impact on its GDP, and stock market fluctuations are inevitable. However, Singapore's position as Asia's top economy also highlights its importance.

The Fed has no choice do they? A faltering labour force in a country which is spending unnecessarily and has to refinance its books soon? Superficially high oil prices are inflationary. However it will be deflationary if it destroys consumers’ spending power - less money to buy other things = demand drop across the board. A smart economist will see beyond the ‘high oil=inflation’ narrative!

Whatever the FED decides is still based on data. I will still be very cautious at this market condition; inflationary risk is not out of question yet.

Powell's dovish shift is fueling the local rally. I'm seeing great momentum in defensive plays like Sheng Siong, which is nearing S$2.85.

With the Fed repricing cuts, the yield on property stocks like OYY also starts looking much more attractive for a long-term hold.

In today’s Straits Times, analysts expect tighter monetary policy despite concerns about slowing growth. I agree with this view and RHB bank views. Singapore is an open economy and is likely to experience imported inflation from abroad that contributes downside risk to Singapore’s 3.0% GDP forecast.

Meanwhile, Jerome Powell is likely to hold off on cutting interest rates unless there is a noticeable rise in unemployment. The Federal Reserve remains focused on balancing its dual objectives of supporting employment while keeping inflation under control. Employment is his top priority.

Tesla TERAFAB project — 1 TW compute output? Sounds insane

$Baidu(BIDU.US) (-2.7% pre-mkt): 4Q results generally met/beat expectations although MAUs light (only 2 ests). As usual, no forward guidance included in release.