$DBS GROUP HOLDINGS LTD(D05.SI)$  As stock investment for SRS and CPFIS are largely restricted to the Singapore market, I do have a sizeable portfolio weight in the three SG local banks as they have decent ROE with stable earnings growth. Hence, it's important for myself to review this sector regularly and keep myself updated. I do think that the financial sector in Singapore is expected to have strong profits and visibility in the next 6-12 months due to the high rates being passed on to domestic borrowers while Singapore banks continue to enjoy one of the best deposit franchises in the region. This will add strength to net interest margins and profitability. On the asset side, Singap

$Nasdaq100 Bear 3X ETF(SQQQ)$Next week QQQ and the tech sectors will not be good as well as we approached Oct 13 for Sept 2022 CPI data released. Labour market remains strong, while housing prices and rent remained sticky and elevated as these takes time to adjust (e.g. you have to fulfil for rent obligation regardless of the interest). Worst of all, oil price reboundedafter OPEC wants to cut oil production. All this points to a hot inflation data in Sep 2022. Oct CPI should moderate purely because Oct 21 is the first time we saw CPI spiked to 6+%. So hold on to dear life! Next week US companies will also kickstart their 3Q reporting. If earnings are as bad aswhat AMD reported, then expect another correction of 10-20

$Apple(AAPL)$Bloomberg reported on Apple’s pull-back on production increase for the iPhone 14 family products yesterday. This is due to the lacklustre demand for the standard iPhone 14 and iPhone 14 plus model. However, all these are old news which I have shared a few times before in my previous posts. Only the “production boost” is being scaled down, the 90mil handset sales target remains intact, which is similar to its predecessor iPhone 13 when it first launched. The market overreacted and sold down Apple share price.Also, another positive news that Bloomberg reported but was drowned by all the noises: the premium iPhone 14 Pro and iPhone 14 Pro max demand is very strong! The demand is even stronger than iPhone 13 Pro

My favourite football team is like Apple! My favourite football team is Argentina! Both are well-known and highly respected in their respective fields. The Argentina national football team is one of the most successful teams in the history of the sport, with a strong track record of success and a devoted fan base. Similarly, Apple is a highly successful and influential company in the technology industry, with a strong brand and a loyal customer base. The Argentina national football team has a talented roster of players, similar to how Apple has a skilled and innovative team of designers and engineers. The team is led by a coaching staff that works tirelessly to develop strategies and tactics for success, similar to how Apple has a leadership team that drives the company's vision and d

$NVIDIA Corp(NVDA)$  Nvidia presented its 2023 GTC keynote on Wednesday, showcasing its dominant position in AI/accelerated computing and its position as a one-stop solution provider with a comprehensive portfolio of silicon, software/managed cloud services, hardware systems, and full-stack ecosystems for complex model training/deployment. Judging from the share price, the market is truly excited for Nvidia’s platforms and software solutions potential highlighted in the event! Market leadership well-positioned for generative AI! Nvidia's leadership in the field of AI and accelerated computing was highlighted during its recent event, where the company showcased its extensive portfolio of silicon, software, managed clo

$Cloudflare, Inc.(NET)$  Cloudflare's Q1 revenue results were largely in line with expectations, but its revenue guidance for FY24 was below expectations due to macro uncertainty leading to longer sales cycles and backend-weighted linearity, with security products performing better than its applications. Cloudflare results will likely create significant overhang on shares over the near- and medium-term as investors weigh the prospects for Cloudflare and software generally for the remainder of the year. Based on the current pre-market trading, Cloudflare is already down 25% after its result. Key Q1 earnings call takeaway Cloudflare's Q1 revenue came in at $290.2M, or 37% growth, on the low end of the $290-291M guidance and roughly in-line with

$Grab Holdings(GRAB)$  Grab is reporting its result on 16 Nov 2022, so Sir Bahamut will do a review and compilation of why he doesn’t like this company. Competitive and difficult Delivery market Two of Grab’s primary SEA market is Singapore and Indonesia. In Singapore, Grab has to compete with Food Panda and Deliveroo in the food delivery business. Based on Sir Bahamut’s personal experience in SG, Grab charges a lot higher compared to Deliveroo, and Grab don’t always have exclusive rights to certain food outlet. Additionally, ever since the merger of Tokopedia and Gojek, GoTo has dominated Indonesia market. Moreover, with the post-Covid reopening, outdoor dining has resumed again and largely recovered to pre-Covid l