Market View: Big Tech’s $190B Bet - Alphabet Soars, Meta Slips, and DBS Goes All-In on Data Centres

About this episode

The episode discusses the contrasting performances of major tech companies and their significant investments in AI and data infrastructure amidst a cautious market environment.

What if the biggest winners in tech today are the ones spending the most - despite the risks? Big Tech earnings surprise to the upside, but markets pick clear favourites as Alphabet surges while Meta slips on AI spending fears. Microsoft doubles down with a staggering US$190 billion capex plan, while Amazon’s cloud engine keeps delivering strong growth. In Singapore, DBS signals conviction in the AI future with a US$20 billion data centre push, even as profits edge higher. Meanwhile, Wall Street stays cautious - oil prices rise, the Fed shows rare division, and leadership uncertainty clouds policy direction. From Wilmar to Mapletree Industrial Trust, corporate Singapore reveals a mixed earnings landscape - hosted by Michelle Martin with Ryan Huang. See omnystudio.com/listener for privacy information.

People in this episode

Host: Michelle Martin

Guest: Ryan Huang

Topics covered

• Big Tech earnings
• AI spending
• data centres
• corporate earnings
• market analysis
• economic outlook

Keywords

• Big Tech
• Alphabet
• Meta
• Microsoft
• DBS
• data centres
• AI
• earnings
• market analysis
• economic outlook

Mentioned in this episode

Organizations: Alphabet, Meta, Microsoft, Amazon, DBS, Wilmar, Mapletree Industrial Trust

More episodes of Live Well with Michelle

• Market View: Lululemon Plunges, S-REITs vs Banks, Nvidia’s $13B AI Bet & Why the Dutch Are Moving Gold · September 4, 2026 · 13 min
• Advanced Diagnostic Tests the Super Health-Conscious are opting for · September 4, 2026 · 26 min
• Money and Me: BTO Ceiling at $16K, More Homes Coming: Is Singapore Turning Into a Buyer’s Market? · September 4, 2026 · 22 min
• Market View: Is Singapore Still the World’s Busiest Port? Plus, Is the AI Data Centre Boom Running Into a Lending Wall? · September 1, 2026 · 15 min
• AstraZeneca enabling precision diagnostics across Asia · September 1, 2026 · 17 min
• Money and Me: Higher Rates and Investors Positioning · September 1, 2026 · 20 min