Market View: Grab’s Profit Pivot, Budget 2026 Bets & The AI Crosscurrents

From red ink to record profits - but how are Grab investors reacting? Grab posts its first full-year profit of US$268 million - and launches a US$500 million buyback - even as shares slide on concerns over growth and its US$425 million acquisition of Stash Financial. On Budget Day, we unpack what Singapore’s AI push, tighter CDC payouts and upskilling drive could mean for markets and households. In UP or DOWN: Apple’s Siri stumbles, McDonald’s value strategy delivers, Cloudflare rides the AI agent wave, and real estate services stocks wobble in the latest AI scare trade. Back home, the STI edges closer to 5,000, with SGX and Singtel leading while CapitaLand Investment slips. And in The Last Word - Avicii’s Wake Me Up crosses 3 billion streams, proving disruption often sounds risky before it sounds iconic. Hosted by Michelle Martin with Ryan Huang. In focus today : Grab, Stash Financial, Apple, McDonald’s, Cloudflare, Singapore Exchange (SGX), Singtel, CapitaLand Investment, Spotify.See omnystudio.com/listener for privacy information.