Market View: Tech giants report earnings - did they meet expectations?

The STI opened in the green at 3,824 points. Local earnings paint a mixed picture as CapitaLand Investment’s revenue slides 24% on the back of Ascott Trust’s deconsolidation, while Mapletree Industrial Trust holds DPU steady despite a slight 1.2% drop in revenue. Earnings from major tech names drive global sentiment - Apple beats expectations but warns of a US$900 million tariff headwind, while Amazon posts strong top-line numbers amid slower cloud growth and rising cost concerns. Microsoft and Meta also report, but markets remain cautious despite revenue growth, as investors assess margins and forward guidance. On Market View, Alexandra Parada speaks to Benjamin Goh, Head of Research at SIAS, to find out more.See omnystudio.com/listener for privacy information.