In today’s briefing:
- Ohayo Japan | Bitcoin Bounce Lifts Stocks
- Japan Morning Connection: Boeing FCF Back on Track a Good Sign for JP Heavies and CF Makers
- Singapore Market Roundup (02-Dec-2025): Evolve Capital: Old Chang Kee requires new growth drivers.
- AI Flow Index : Sailing a Sea of Companies in AI
- AI Flow Newsletter : Monitoring The “Currents” Of AI
Ohayo Japan | Bitcoin Bounce Lifts Stocks
- Stocks rebounded on stronger crypto and AI momentum, upbeat guidance from Microchip and Boeing, and rising Fed-cut optimism.
- Mitsubishi Electric will triple optical semiconductor capacity by FY2028 by reallocating power chip capex, pivoting toward AI-driven data-center demand amid slowing EV growth.
- Uniqlo Japan’s November same-store sales rose 7.6% year over year, extending Q1 revenue strength and supporting profit upside, though recent share gains suggest good news is priced in.
Japan Morning Connection: Boeing FCF Back on Track a Good Sign for JP Heavies and CF Makers
- Credo gains read well for connectivity plays but Astera Labs ran out of steam after early pop.
- Intel higher still after Apple reportedly signs NDA to explore 18A for the M-series.
- Power and industrial semi names led higher by NXP after upbeat comments at UBS conference.
Singapore Market Roundup (02-Dec-2025): Evolve Capital: Old Chang Kee requires new growth drivers.
- Evolve Capital reports Old Chang Kee needs fresh growth catalysts.
- Analysts raise TPs for ASL Marine after strong 1QFY2026 earnings.
- DBS: Singapore’s construction boom will offset trade-related GDP slowdown in 2026.
AI Flow Index : Sailing a Sea of Companies in AI
- Water Tower AI Flow Index. We monitor ~400 public companies across tech and AI for performance and AI-related news flow.
- Last month (ending 11/30), the WTR AI Index was down 7.0% M/M versus the S&P 500 Index (up 0.1%), the Russell 2000 Index (up 0.8%), and the Nasdaq Index (down 1.6%).
- Software (28% of the index) was down 8.6%, while Semiconductor (12% of the index) was down 3.7%, Internet and Data Services (8% of the index) was down 20.9%, Other Tech (21% of the index) was down 5.5%, and Other Industries (31% of the index) was down 3.6%.
AI Flow Newsletter : Monitoring The “Currents” Of AI
- This month’s AI landscape reveals a market at an inflection point, with record infrastructure commitments colliding with growing bubble anxiety.
- Meta’s staggering $600-billion US buildout plan and Anthropic’s $50-billion data center announcements underscore that the compute arms race is accelerating, not cooling.
- Yet caution signals are flashing, as CoreWeave trimmed its full-year guidance despite strong 3Q results, while Nvidia, CoreWeave, and Nebius Group all saw pressure on their stocks.
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