Market View: How oil shockwaves are spreading, potentially pressuring REITs, and who is taking a big move forward in Big Tech’s AI Spending Race?
Your Money with Michelle Martin · MONEY FM 89.3
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Show Notes
Oil above $100, war in the Middle East, and AI spending from Big Tech are colliding to reshape the global market outlook.
On this episode of Market View, hosted by Michelle Martin with Ryan Huang, we unpack how the Iran conflict and disruption in the Strait of Hormuz are pushing oil prices sharply higher and unsettling investors worldwide.
Brent crude’s surge toward US$103 is raising fresh inflation fears just as the U.S. Federal Reserve prepares for a key rate decision.
Closer to home, the ripple effects could hit Singapore’s REIT sector, which faces pressure from rising financing costs and property valuation risks.
Meanwhile, corporate headlines span Meta’s AI-driven layoffs, Berkshire Hathaway’s buyback signals, and Singtel’s ambitious US$250 million AI investment fund.
We also check in on the STI movers, with Wilmar International surging while ST Engineering and Yangzijiang Shipbuilding face selling pressure.
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