Market View: Code Red for AI? Oracle’s Shock, Broadcom’s Paradox and Singapore’s Property Plays

Market View: Code Red for AI? Oracle’s Shock, Broadcom’s Paradox and Singapore’s Property Plays

Wall Street hits record highs - but one AI stock just triggered a brutal reality check.

US markets rally even as fears of an AI bubble intensify, after Oracle plunges on weak earnings and heavy debt taken on to fund its AI ambitions.

Michelle Martin and Ryan Huang unpack why Oracle’s so-called “Code Red” moment has investors questioning the sustainability of AI infrastructure spending, especially with OpenAI as a key client.

They also turn to Broadcom, where booming AI chip sales fail to lift the stock, raising fresh questions about valuation, expectations and sentiment.

Back home, DBS turns bullish on Singapore developers, lifting targets for CDL, UOL and GuocoLand - but are the buy calls justified?

In UP or DOWN, fists fly at PDD during a China audit, Hongkong Land and Keppel REIT reshuffle MBFC, Seatrium lands a major green-energy contract, and noodle maker Leong Guan debuts strong.

Plus, Disney’s billion-dollar bet on OpenAI sparks a lighter question on which iconic characters could soon come alive in AI - hosted by Michelle Martin with Ryan Huang.

See omnystudio.com/listener for privacy information.

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One of the most prominent areas where the rising interest rates can be felt here in Singapore is with home mortgage loans. Michelle Martin invites Elijah Lee, Financial Services Manager, Phillip Secur...

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With United Airline's 2nd quarter, record-high earnings being unable to stop its shares from plummeting due to high costs, what does this mean for the airline sector now? Are Asian carriers coping bet...

22 Juli 202220min

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Michelle Martin is back from a 2-week holiday to find that market sentiment is just as bearish, if not more so, than when she left. Even in this gloomy mood however, some analysts think that Earnings ...

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Melissa Hyak speaks to Tina Teng, Market Analyst, CMC Markets APAC & Canada for her take on the volatile market performance in Western Markets overnight and looking forward, on whether the worst is be...

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