Market View: Musk vs Altman Escalates, ComfortDelGro’s Copenhagen Win & Is the Fed About to Hike?

Market View: Musk vs Altman Escalates, ComfortDelGro’s Copenhagen Win & Is the Fed About to Hike?

August 31, 2026 · 10 min

About this episode

Michelle Martin discusses the escalating rivalry between Musk and Altman, ComfortDelGro's new contract, and potential Federal Reserve rate hikes.

The Musk-Altman rivalry takes another turn as OpenAI moves to cut off its models from SpaceX-owned Cursor. Michelle Martin looks at what the clash could mean for competition in AI.  Closer to home, ComfortDelGro lands a major Copenhagen Metro contract - could it give the stock a much-needed lift? Plus, CXMT reports booming sales, corn and wheat prices surge, GuocoLand’s profit tumbles and Petronas delivers stronger first-half numbers. And as Wall Street closes out a winning August, has Fed Chair Kevin Warsh just put a September rate hike firmly back on the table?  See omnystudio.com/listener for privacy information.

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