Market View: Tesla shares jump on profit beat - Will there be more upside from the rest of the Magnificent 7?

Singapore shares began this morning trading in positive territory as overseas markets saw losses overnight. The STI continued the rally to end the day up 0.1%. Meanwhile, in corporate news, Keppel reports lower net profit in 3QFY2024; South Korea’s SK Hynix Inc.’s shares gained after the firm posted record quarterly profit and revenue; and Tesla’s stock shot up nearly 12% in pre-market trade, a day after its forecast-surging car sales growth. On Market View, Hongbin Jeong speaks to David Chow, Director of Azure Capital to find out more on the latest market movements. See omnystudio.com/listener for privacy information.