US bourse opened higher and trended higher on Monday as Thursday marks the beginning of Christmas holiday. The DJIA finished up 227 points or 0.5%, at 48,362. The Nasdaq closed up 121 points or 0.5%, at 23,428. The S&P 500 added 43 points or 0.6%, settling at 6,878.
Tesla (TSLA.US) shot up as much as 3.7% to peak at US$498.83, nearing the US$500 mark, with the day's upswing ebbing to 1.6% at US$488.73. Other major techs showed mixed trends, with Apple (AAPL.US) down 1%, Microsoft (MSFT.US) down 0.2%, and Alphabet (GOOG.US) up 0.9%.
AI stocks had a good run, with NVIDIA (NVDA.US) up 1.5%, reportedly set to start shipping H200 chips to China in mid-February; Oracle (ORCL.US) up 3.3%; and Micron (MU.US) up 4%.
Oracle founder Larry Ellison provided a US$40.4 billion guarantee for Paramount's (PSKY.US) acquisition offer for Warner Bros (WBD.US), with Paramount up 4.3% and Warner Bros also up 3.5%.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| TSLA (C) |
10010 |
530 (-) |
0.660 |
5.3 X |
| TSLA (P) |
10011 |
370 (-) |
0.193 |
5.5 X |
| Nvidia (C) |
10055 |
230 (-) |
0.112 |
6.8 X |
| Nvidia (C) |
11007 |
205 (-) |
0.320 |
4.3 X |
| Nvidia (P) |
10057 |
165 (-) |
0.186 |
4.5 X |
| APPLE (C) |
10079 |
320 (-) |
0.142 |
8.4 X |
| APPLE (P) |
10793 |
210 (-) |
0.034 |
9.9 X |
| MSFT (C) |
10744 |
600 (-) |
0.061 |
13.9 X |
| MSFT (C) |
11006 |
550 (-) |
0.380 |
7.3 X |
| MSFT (P) |
10715 |
435 (-) |
0.178 |
9.3 X |
| ALPBE (C) |
10080 |
360 (-) |
0.360 |
5.3 X |
| ALPBE (P) |
10012 |
230 (-) |
0.135 |
4.9 X |
