Market View: PepsiCo, AMD’s earnings in focus, results from Alphabet and Amazon.com to come; Fed Governor Stephen Miran resigns from White House role; Nvidia reportedly nears deal to invest US$20 billion in OpenAI; Gold prices climb more than 2 per cent, building on best day since 2008; Singtel, GuocoLand to watch

Singapore shares inched higher in early trade today. The Straits Times Index was up 0.16% at 4,952.07 points at 10.06am Singapore time, with a value turnover of S$418.73M seen in the broader market. In terms of counters to watch for today, we have Singtel, given how KKR and Singtel will acquire Singapore-based ST Telemedia Global Data Centres for S$6.6 billion, in one of the largest data-centre transactions in Asia. Elsewhere, from how Federal Reserve Governor Stephen Miran resigned from his position as chair of the White House's Council of Economic Advisers, to how Nvidia is reportedly nearing a deal to invest US$20 billion in OpenAI as part of its latest funding round, more international and corporate headlines remained in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeremy Tan, CEO, Tiger Fund Management.See omnystudio.com/listener for privacy information.