Monday, 28 April 2025

Investing Updates : Morning Wrap | Meta, Apple, and Amazon Earnings This Week May Reveal Tariff Impact; ST Engineering Secures S$4.5B Contracts


Source : 



Apple Intelligence : 


Singapore Market Opening: Singapore shares opened lower on Monday.


Tech Earnings and Tariffs: Tech giants’ earnings this week may reveal the impact of tariffs.


Singapore Property Market: Despite Q1 growth, the Singapore property market faces global headwinds.


Market Performance: U.S. equities rose for the fourth consecutive day, with the Nasdaq Composite Index leading the gains.


Driving Factors: Optimism surrounding U.S.-China trade talks and strong earnings from tech companies fueled the market rally.


Investor Sentiment: President Trump’s statements on trade progress and potential tariff reductions by China contributed to the positive market sentiment.


Tech Earnings Focus: Meta, Apple, Amazon, MicroStrategy, and Reddit to release earnings reports.


Apple and Amazon in Spotlight: Potential tariff impacts on Apple’s supply chain and Amazon’s reliance on Asian suppliers.


Singapore Property Market Outlook: Moderate growth projected for 2025 despite global economic uncertainties.


Southeast Asia Investment Trend: Industrial properties, particularly data centers, saw a surge in investment in January 2025, driven by digital economy growth and supply chain shifts.


Tesla Stock Performance: Tesla stock rose by 9.8% due to positive trade news and a U.S. government initiative promoting self-driving cars.


ST Engineering Contract Wins: ST Engineering secured S$4.5 billion in new contracts across commercial aerospace, defense, and urban solutions sectors in the first quarter of 2025.


Olam Food Ingredients Financing: Secured a US$350 million term loan facility for refinancing and general corporate purposes.


CapLand Ascott T Performance: Reported a 4% year-on-year increase in gross profit for Q1 2025, driven by new and renovated properties.


IFAST Financial Results: Achieved a 31.2% year-on-year increase in net profit to S$19 million in Q1 2025, driven by its UK bank turnaround and wealth management growth.


No comments:

Post a Comment