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

Published on 30 Apr 2026
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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.

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