Market View: US trade court blocks Trump’s “Liberation Day” tariffs; Nvidia’s forecast beating results; Meta AI bot used a billion times monthly; CapitaLand Ascendas Reit, Seatrium (Money FM)

Singapore stocks rose this morning, after a US trade court blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect.

The Straits Times Index (STI) opened 0.2 per cent higher at 3,919.48 points after 102.5 million securities changed hands in the broader market.

In terms of companies to watch, we have CapitaLand Ascendas Reit. The company reported today that it has raised S$500 million from a private placement of 202.4 million units priced at S$2.47 each.

Meanwhile, from Nvidia’s forecast beating earnings, to Meta chief Mark Zuckerberg touted the tech giant’s generative artificial intelligence (Gen AI) assistant at the firm’s annual gathering of shareholders and telling them that it is used by a billion people each month across its platforms, more corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital.

Image by Vectorportal.com, CC BY