US bourse rebounded on Tuesday after a collapse on Monday in wake of tariff hits, propelled by the surge in AMD (AMD.US) and software stocks. The DJIA shot up 370 points or 0.8%, closing at 49,174; the S&P 500 mounted 52 points or 0.8% to 6,890; and the Nasdaq leaped 236 points or 1% to 22,863.
Home Depot (HD.US) exceeded expectations of its results performance for the first time this year, with its stock price up nearly 2%. IBM (IBM.US) slightly picked up by nearly 3% on Tuesday after a 13% slip on Monday given concerns over AI impacts.
Meta (META.US) reached an AI chip deal with AMD and invested in AMD through performance-linked warrants, allowing for the subscription of up to 160 million shares. AMD closed up nearly 9%. Meta uses millions of NVIDIA (NVDA.US) chips in its data center construction. NVIDIA added 0.7% ahead of its earnings release on Wednesday.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| AMD (C) |
10760 |
225 (-) |
0.440 |
4.1 X |
| AMD (P) |
10777 |
155 (-) |
0.129 |
3.9 X |
| META (C) |
11069 |
830 (-) |
0.390 |
6.5 X |
| META (P) |
10757 |
700 (-) |
1.140 |
6.1 X |
| Nvidia (C) |
10055 |
230 (-) |
0.063 |
10.1 X |
| Nvidia (C) |
11007 |
205 (-) |
0.310 |
4.9 X |
| Nvidia (P) |
10057 |
165 (-) |
0.081 |
7.5 X |
| APPLE (C) |
10079 |
320 (-) |
0.084 |
11.1 X |
| APPLE (P) |
11063 |
248 (-) |
0.250 |
4.9 X |
| APPLE (P) |
10793 |
210 (-) |
N/A |
N/A |
| ALPBE (C) |
10080 |
360 (-) |
0.229 |
7.2 X |
| ALPBE (P) |
10012 |
230 (-) |
0.075 |
6.6 X |
