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Forget about Trump
Tesla stock skyrocketed 15%, Singapore Banks positive surprise and more...
Yes, Trump has won the 2024 presidential election…
But let’s set that aside for now and focus on something even closer to home: the future of this newsletter and how we can serve you better.
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Big Hits [U.S.] 💵
Moving on, here are the news that shocked the world…
Trump victory: Donald Trump has been elected as the 47th president of the United States, a comeback from his defeat in 2020 [Read More]
Tesla the biggest beneficiary: Tesla jumps nearly 15% as Trump-backer Musk seen benefiting from White House win [Read More]
Warner Bro’s Discovery: WB’s Discovery has added 7.2 million subscribers to its streaming platform, Max in 3Q 2024, bringing the total to 110.5 million [Read More]
Moderna: Moderna turned into a profit of US$13 million in 3Q 2024 from a loss of US#3.6 billion in 3Q 2023, driven by better Covid-19 vaccine sales [Read More]
CVS Health: CVS Health’s earnings came in lower-than-expected as its health insurance unit, Aetna, continue to eat into the company’s profits [Read More]
Block: Block’s financial results came in slightly lower-than-expected, even though gross profits rose by 19% to US$2.3 billion [Read More]
Yum: Yum Brand’s financial results missed the mark as it quotes ‘geopolitical conflicts and challenged consumer sentiment” as the reasons [Read More]
Big Hits [Asia] 📊
Here are the news covering the Asia market…
Evergrande evermissing?: Evergrande Life Insurance’s senior executives are missing amid investigations into financial mismanagement of the company [Read More]
Xpeng fights Tesla: Xpeng has launched an AI-powered P7+ sedan to compete with Tesla’s Full Driving Software (FSD) [Read More]
SIA Engineering: SIA Engineering’s profit grew by 16% to SG$68.8 million in 1H 2025 driven by its engine & component and airframe maintenance segments [Read More]
Guocoland x Intrepid: Guocoland has entered into a JV with Intrepid Investments to develop a land parcel at Margaret Drive [Read More]
SG Banks 3Q2024 Roundup: Earnings deliver yet another positive surprise [Read More]
New MAS tokenisation: The Monetary Authority of Singapore has announced new measures to advance tokenisation in financial services [Read More]
Analyst Reports 📝
See below for our handpicked analyst reports:
Stock | Headline | Link |
---|---|---|
Warner Bros | Encouraging direct-to-consumer results | |
Airbnb | Strong near-term demand and exciting expansion plans | |
Xiaomi | Strong sales in IoT segment | |
AIMS APAC REIT | Strong rental growth | |
PropNex | Stable transaction values in private and HDB markets |
Meme of the Week 📹
I bet Donald Trump is doing this in his Oval Office now.
"Doland" Trump today 😂
— Finance Memes (@Qid_Memez)
5:01 AM • Nov 6, 2024
That’s because the U.S. stock markets have reacted very positively to his appointment, rising to record highs.
The red wave sweeping over the U.S. now has raised hopes that Trump will introduce laxer laws and regulations that will be business-friendly. Indirectly, investors expect more profits to come.
Already, oil and gas stocks are rising as we know how much the Republicans love that industry. On the other side of the spectrum, clean and renewable energy stocks crashed as Trump dislikes them and thinks climate change is a hoax.
Investors are already going in and out of their positions in anticipation of Trump’s policy changes that will come in the next 4 years.
Also check out my Youtube video to explore the Top Sectors and Stocks that will benefit from Trump Presidency:
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