Latest / Your Way Home with Hongbin Jeong
Market View: Gamestop surges 90% in premarket trade thanks to ‘Roaring Kitty’; Rolex raises prices for some precious metal watches in the UK; AMD speeds up introductions of new AI processors; Nio’s record monthly delivery numbers in May and more
Singapore equities began trading in the positive territory today, after all three major US indexes ended the week significantly higher. In early trade, the Straits Times Index (STI) edged up 0.3 per cent to 3,346.29 points after 189.5 million securities changed hands in the broader market. In terms of companies to watch, we have Nio. The Chinese electric carmaker delivered a record high monthly delivery of 20,544 cars in May 2024, which represents a 233.8 per cent year-on-year increase. Elsewhere, from more on Advanced Micro Devices speeding up introductions of new AI processors to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.