AI boom, gold rush, oil slump: What Asia’s markets are signalling

This week on Market Focus Weekly, tech stocks continue their rally with OpenAI hitting a US$500 billion valuation — but is it justified?  Host Emily Liu and guest Christopher Forbes of CMC dig into the AI boom, the staying power of the “Magnificent Seven,” and why investors might still be feeling FOMO.  We also unpack the latest U.S. government shutdown, the surprising effects of Trump’s tariffs, and whether gold at US$4,500 is really on the horizon.  Plus, could Singapore’s brand-new stablecoin be a real game changer? Highlights: 01:25 OpenAI’s US$500B valuation 02:31 Is the Magnificent 7 still relevant? 05:00 US government shutdown 07:43 Gold races to US$4500 08:39 Oil prices head for US$60 12:14 Singapore’s XSGD stablecoin --- Send us your questions, thoughts, story ideas, and feedback to [email protected]. --- Written and hosted by: Emily Liu ([email protected]) With Christopher Forbes, head of Asia, CMC Edited by: Chai Pei Chieh & Claressa Monteiro Produced by: Emily & Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media --- Follow Market Focus Weekly podcasts every Friday: Channel: bt.sg/btmktfocus Amazon: bt.sg/mfam Apple Podcasts: bt.sg/mfap Spotify: bt.sg/mfsp YouTube Music: bt.sg/mfyt Website: bt.sg/mktfocus Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  Discover more BT podcast series: BT Money Hacks at: bt.sg/btmoneyhacks BT Correspondents at: bt.sg/btcobt BT Podcasts at: bt.sg/podcasts BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.