To The Moon

After two months of back-and-forth, the US and Iran finally announced over the weekend that a ceasefire memorandum of understanding had been reached. Although the final signing is still a few days away, the market has already fully priced in the impact of the news. Before the fourth quarter, geopolitical issues are expected to stop bothering investors. On the trading side, we still lean toward the view that most assets will remain range-bound over the next one to two quarters. As long as there are attractive relative lows or highs and the risk-reward is acceptable, there will be opportunities to try and trade the move. We will not go into the details of the agreement itself. Those can be found on various financial websites. Instead, we will focus on how asset prices are moving. Crude oil i

For the five sessions through to the June 11 close, 26 primary-listed companies conducted buybacks with a total consideration of S$170 million. Singapore Telecommunications again led the buyback tally, with 27.1 million shares at an average price of S$4.26, all purchased under the S$2 billion value realisation share buy-back programme. With a similar pace to the previous week, with around 90 director interests and substantial shareholdings filed across more than 40 primary-listed stocks over the five sessions. Directors or CEOs reported 28 acquisitions and seven disposals, while substantial shareholders recorded seven acquisitions and two disposals. 1. $EFH Ltd(8YY.SI)$   On 8 June, Embracing Future Holdings (EFH) Executive Director an

SpaceX is set to list on the Nasdaq under ticker $Space Exploration Technologies(SPCX)$ on June 12, targeting around $1.5-1.75 trillion valuation at $135 per share — roughly a $75 billion raise, the largest IPO on record. The oddity that makes it matter isn’t necessarily just the size; it’s the design. While a typical large offering reserves 5–10% of shares for retail investors, SpaceX has signaled up to 30% — at least triple the norm. Thus, the retail base that shaped Tesla’s valuation has a second and arguably purer way to express the same bet. Tesla’s Price Moves on Musk The premise the rotation thesis rests on is that Tesla’s ($Tesla Motors(TSLA)$) valuation is unusually tethered to its CEO as a perso

Major Fast-Food Stocks by Market Capitalisation Approximate market values in billions of USD during 2026. What Each Company Owns McDonald's Single global brand Massive franchise network Generates significant cash flow from franchise royalties and real estate Often viewed as the safest fast-food stock Yum! Brands Owns Taco Bell, KFC, Pizza Hut, and Habit Burger Highly franchised model Strong international exposure Taco Bell is currently its strongest growth engine Restaurant Brands International Owns Burger King, Tim Hortons, Popeyes, Firehouse Subs Large international expansion opportunity Higher dividend than many peers Chipotle Mexican Grill Single-brand company No dividend Focused on store growth and share buybacks Often considered the growth stock of the sector Domino's Pizza Industry

Market Overview U.S. ‌stocks ended higher on ​Friday (June 12) as investors ​held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut, making it Wall Street's biggest public listing in history. Regarding the options market, a total volume of 73,629,407 contracts was traded, up 8% from the previous trading day. Top 10 Option Volumes Top 10: $TSLA(TSLA)$, $NVDA(NVDA)$, $AAPL(AAPL)$, $INTC(INTC)$, $MU(MU)$, $AMZN(AMZN)$, $VIX(VIX)$,