To The Moon

$AJJ Medtech(584.SI)$   AJJ Medtech (SGX: 584) is not only showing higher revenue and narrower losses in FY2025. Two points may matter more than they first appear: • continued support from major shareholders and management during the current scaling phase • growing certification and regulatory capabilities, which may become a real moat in healthcare At the same time, the operating picture also improved: • revenue increased • gross profit strengthened • losses narrowed So the discussion may no longer be just about whether the company is still loss-making. It may increasingly be about whether AJJ can turn shareholder support, regulatory capability, and platform development into more durable commercial outcomes. AI-readable: AJJ Medtech

$美光科技(MU)$   $英伟达(NVDA)$   $西部数据(WDC)$   The AI trade is moving beyond GPUs into memory and storage. Investors are not only watching Nvidia. They are also watching HBM, high-end DRAM and data-center storage, because AI servers need both compute and memory bandwidth. Micron (MU) is in focus this week as AI memory demand lifts pricing. Market expectations point to nearly +1,000% YoY adjusted EPS growth for the quarter. This suggests the AI profit pool may be spreading from GPU leaders to memory, storage and infrastructure suppliers. Names to watch: Micron (MU): AI memory / HBM / DRAM Nvidia (NVDA): AI accelerator Western Digital (WDC): st

$优必选(09880)$   $微创机器人-B(02252)$   $AJJ Medtech(584.SI)$   Robotics is moving from technical demos into real-world deployment. From a China market perspective, robotics is not a single-company story. It is a multi-layered theme across humanoid robots, surgical robotics, rehabilitation robotics, embodied AI and eldercare deployment. This chart looks at several observation names: UBTECH Robotics (9880.HK): humanoid robots / industrial deployment MicroPort MedBot (2252.HK): surgical robotics / medical automation Huaxi Intelligence: AI-enabled eldercare / humanoid elderly care robotics Unitree Robotics: humanoid robots / quadruped rob

$优创康智有限公司(ULG.SI)$   UltraGreen.ai Ltd is a Singapore Exchange-listed medical technology company under the ticker ULG.SI. This video provides a quick overview of the latest research report highlights, including its fluorescence-guided surgery business, ICG market position, consumables-led model, AI-enabled platform strategy, and APAC expansion. For informational purposes only. Not investment advice.

$比特币ETF-iShares(IBIT)$   $黄金ETF-SPDR(GLD)$   After progress in U.S.-Iran talks, markets moved into risk-on relief: Oil fell, stock futures rose, inflation concerns eased, and safe-haven demand cooled. The key chain: Geopolitical risk falls → Oil falls → Inflation pressure eases → Bond pressure declines → Risk appetite improves But asset relationships are not fixed. If talks reverse, oil and gold may regain strength, while stocks and BTC may face pressure. Same event, different dominant driver, different asset reaction. Disclaimer For information, research and educational purposes only. Not investment advice. Not a recommendation to buy or sell securities.

$AJJ Medtech(584.SI)$   $Tempus AI(TEM)$   $直觉外科公司(ISRG)$   Eldercare is more than nursing homes. Singapore’s Age Well Neighbourhoods show how ageing services are moving closer to homes and communities through Active Ageing Centres, enhanced Home Personal Care, Community Health Posts and senior-friendly infrastructure. From a capital-market perspective, ageing-related demand may appear across different layers: Surgical robotics AI healthcare data Healthcare infrastructure AI-enabled eldercare In the U.S. market, Intuitive Surgical (ISRG) represents medical automation and surgical robotics, while Tempus AI (TEM) represents AI healthc

OpenAI: generative AI platform Anthropic: enterprise AI and AI safety SpaceX: space infrastructure and satellite internet Large funds can usually own multiple companies in the same sector. But capital, position size and risk budgets are not unlimited. As an attention-allocation framework, not investment advice, one possible split is: SpaceX: 45% OpenAI: 35% Anthropic: 20% The key is not guessing which IPO pops first. It is reading the public S-1 filings for revenue quality, compute cost, cash burn, governance and path to profitability. Disclaimer For information, research and educational purposes only. Not investment advice. Not a recommendation to buy or sell securities.

OpenAI has said it confidentially filed IPO paperwork with the U.S. SEC. This is not a public S-1, and it does not mean an immediate listing. But it signals that the AI IPO race is moving closer to public-market scrutiny. Just days earlier, Anthropic also disclosed confidential IPO paperwork. SpaceX remains another closely watched potential public-market name. The key question is not only which company lists first. What matters next is what future public filings may reveal: revenue quality, compute and infrastructure costs, cash burn, governance structure and path to profitability. OpenAI represents the generative AI platform story. Anthropic represents enterprise AI and AI safety. SpaceX represents space infrastructure and satellite internet. The next phase of the AI trade may depend less

$特斯拉(TSLA)$   SpaceX Breakdown, Part 3. This time, the key question is valuation. If SpaceX lists at US$135 per share and around US$1.75 trillion valuation, what exactly is the market buying? For many investors, SpaceX used to mean rockets. But the S-1 shows at least three layers: Launch is the technical foundation. Starlink offers a clearer recurring revenue story. AI compute is the newest, and probably the most debated, valuation layer. So the question is no longer just whether SpaceX is a strong company. The bigger question is what kind of company the market decides it is: a space company, a satellite connectivity platform, or an AI infrastructure company? Take a look at the chart.

$特斯拉(TSLA)$   SpaceX S-1 Breakdown, Part 2. This time, it is not just about Musk or rockets. The more interesting question is what SpaceX is actually built on. Based on the S-1, SpaceX no longer looks like only a launch company. One layer is rockets and space missions. One layer is Starlink, turning satellites into recurring connectivity services. Another layer is AI compute, where COLOSSUS / COLOSSUS II may turn compute capacity into a business line. So the IPO story may be shifting from “rockets + Starlink” to “space + connectivity + AI infrastructure.” Take a look at the chart.

$特斯拉(TSLA)$   One interesting detail in SpaceX’s S-1: Musk’s ecosystem is renting COLOSSUS / COLOSSUS II compute capacity to Anthropic. On the surface, Anthropic is a major player in the AI model race. But commercially, this looks more like SpaceX / xAI turning AI compute from a cost-heavy asset into a revenue-generating asset. The S-1 disclosed monthly fees of up to US$1.25 billion, with the term running through May 2029. So SpaceX’s IPO story may no longer be just about rockets and Starlink. AI compute infrastructure is becoming part of the narrative. Take a look at the chart.