Market View: Big Oil Booms, SpaceX Stumbles & Singapore Banks Take Centre Stage

Geopolitical tensions continue to reshape global markets, with Big Oil emerging as one of the biggest winners.

Michelle Martin looks at why BP and Saudi Aramco are posting blockbuster profits as higher energy prices boost earnings, even as U.S. President Donald Trump criticises oil giants over soaring fuel costs.

She also examines why SpaceX shares fell despite beating revenue expectations, as investors questioned the hefty cost of its AI ambitions.

Plus, Wall Street hits fresh record highs, Jeff Bezos plans another multi-billion-dollar Amazon share sale, HSBC delivers a strong earnings beat, and it's a crucial week for Singapore's banks as DBS, OCBC and UOB prepare to report results.

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