Tesla Rallies 3.3% On SpaceX Merger News; Netflix 3x DLCs Now Available

SG DLC News
02-02 12:00

US indices declined on Friday (30 January), as investors reacted to President Trump's nomination of Kevin Warsh for Fed Chair. The $S&P 500(.SPX)$ fell 0.4%, while the $NASDAQ 100(NDX)$ closed 1.3% lower. Treasury yields and a stronger US dollar weighed on risk appetite, as markets interpreted the Fed Chair pick as reinforcing a more disciplined and cautious easing trajectory.

Within DLC-covered names, $Tesla (TSLA.US)$ gained 3.3% amid reports that SpaceX is exploring a potential merger with Tesla and considering deepening collaboration with xAI to build a technological 'super ecosystem'.

Tracking the underlying, the Tesla 3x Long DLC rose around 15%, while the Tesla 3x Short DLC fell by a similar magnitude.

Despite the move, Tesla's share price remains below its 50 and 100-day moving averages, indicating a medium-term downtrend. Investors who hold a bullish view can amplify their exposure using the Long DLC, while those who hold a bearish view can do so through the Short DLC.

Separately, beyond the US Magnificent 7 stocks, the shelf of US underlyings has been expanded to include $Netflix (NFLX.US)$, following recent additions of $Broadcom (AVGO.US)$ and $Advanced Micro Devices (AMD.US)$. View the newly launched DLCs at dlc.socgen.com.

Tesla DLCs:

$TESLA 3xLongSG261006 (TSYW.SG)$ $TESLA 3xShortSG280330 (RLSW.SG)$

Netflix DLCs:

$Netflix 3xLongSG280725 (9E7W.SG)$ $Netflix 3xShortSG280725 (WWRW.SG)$

Nasdaq-100 DLCs:

$Nasdaq 7xLongSG280330 (MFVW.SG)$ $Nasdaq 7xShortSG270519 (FFIW.SG)$

HSTECH DLCs:

$HSTECH 7xLongSG270331 (YPCW.SG)$ $HSTECH 7xShortSG270309 (9B2W.SG)$

This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.

Jan Review: Is February for Buying or Bailing?
January trading has come to a close! While the three major U.S. indices finished in the green, the "Precious Metals Massacre" and the major leadership change at the Fed made this a highly unusual start to the year. Do you think this deep dive in Gold/Silver is a "Golden Pit" buying opportunity? With tech underperforming, are you trimming your exposure to Big Tech in February? Will 2026 follow the "January Barometer" to a bullish finish, or are we in for a repeat of last year's Q1 pullback? How do you review earnings performance in Jan.?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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