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Market View: Possible US$200B swings on Nvidia’s earnings, Tencent suspends Dungeon & Fighter Mobile shortly after debut, Mismanagement at Red Lobster, SIA-Garuda Indonesia partnership, OUE’s off-market share buyback and more

Market View: Possible US$200B swings on Nvidia’s earnings, Tencent suspends Dungeon & Fighter Mobile shortly after debut, Mismanagement at Red Lobster, SIA-Garuda Indonesia partnership, OUE’s off-market share buyback and more

Released Tuesday, 21st May 2024
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Market View: Possible US$200B swings on Nvidia’s earnings, Tencent suspends Dungeon & Fighter Mobile shortly after debut, Mismanagement at Red Lobster, SIA-Garuda Indonesia partnership, OUE’s off-market share buyback and more

Market View: Possible US$200B swings on Nvidia’s earnings, Tencent suspends Dungeon & Fighter Mobile shortly after debut, Mismanagement at Red Lobster, SIA-Garuda Indonesia partnership, OUE’s off-market share buyback and more

Market View: Possible US$200B swings on Nvidia’s earnings, Tencent suspends Dungeon & Fighter Mobile shortly after debut, Mismanagement at Red Lobster, SIA-Garuda Indonesia partnership, OUE’s off-market share buyback and more

Market View: Possible US$200B swings on Nvidia’s earnings, Tencent suspends Dungeon & Fighter Mobile shortly after debut, Mismanagement at Red Lobster, SIA-Garuda Indonesia partnership, OUE’s off-market share buyback and more

Tuesday, 21st May 2024
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Singapore shares were little changed today following a mixed showing on Wall Street and slight gains in Europe overnight.

In early trade, the Straits Times Index headed down 0.02 per cent to 3,313.34 points, amid mixed trading among bank counters.

In terms of companies to watch, we have Singapore Airlines, after the national flag carrier signed an agreement with Indonesia flag carrier Garuda Indonesia to explore revenue sharing arrangements for flights between Indonesia and Singapore. 

Elsewhere, from more on the endless shrimp dish at and mismanagement of US seafood restaurant chain Red Lobster, to Nvidia’s earnings potentially sparking a US$200 billion swing in shares, more corporate and international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.

See omnystudio.com/listener for privacy information.

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