Your Money with Michelle Martin

Money and Me: The AI Capex Spend - who are the current winners?

If you want to bank on the picks and shovels play behind the AI Capex spend, you need to understand growth drivers.  Investors have been piling into semiconductors but what if you wanted to look beyond NVIDIA? As computing demands grow, bottlenecks are springing up like traditional copper wiring slowing data transfers because of their heat constraints.  Enter photonics: a whole field devoted to controlling photons or light. We also ask What if the biggest AI winners aren’t the ones building it - but the ones powering it? Michelle Martin explores the $700 billion AI infrastructure surge reshaping markets, from hyperscaler spending by Amazon, Microsoft, Alphabet, Meta and Oracle to the hidden bottlenecks in power and data centres. The conversation with Alvin Chow unpacks who really profits from this capex explosion. Michelle and Alvin also explore OpenClaw, the open source viral AI agent phenomenon in China; if OpenClaw boosts productivity, which companies are set to benefit really? See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Market View:  Drone warfare - how AI and war are coming together?  Oil Shockwaves & Big Tech’s Strategic Reset

From drone swarms in Ukraine to robots servicing warships, investors are chasing the next battlefield of AI. Michelle Martin and Ryan Huang unpack how little-known players like Swarmer and Gecko Robotics are capturing market imagination despite thin revenues, signalling a shift where real-world deployment matters more than profits. Hosted by Michelle Martin with Ryan Huang, the conversation explores how rising oil prices are rippling across industries - from airlines raising guidance to ComfortDelGro passing on fuel costs to commuters. We examine why US markets are rebounding even as geopolitical tensions simmer, and what easing oil prices could mean for risk sentiment. In corporate news, Meta pulls back on its metaverse ambitions, Nvidia restarts China-linked production, and Singtel faces fresh scrutiny after service disruptions. On the local front, the STI surges with Singtel leading gains, highlighting resilience in Singapore equities. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Money and Me:  Why Active ETFs Are Surging in 2026

The era of “set it and forget it” ETF investing is being challenged - are passive ETFs no longer enough? Michelle Martin dives into the shifting ETF landscape with Aman Pujara, Director of Quantitative Research and Portfolio Construction at Syfe, as investors rethink the classic “VOO and chill” strategy. Hosted by Michelle Martin, this episode explores why active ETFs are rapidly gaining ground, now accounting for over 80% of new launches in 2026. We examine how  market volatility has exposed the limitations of passive index tracking. Aman explains why active strategies are attracting a growing share of inflows and offering investors more flexibility. The conversation also tackles the hidden opportunity costs of staying fully passive during turbulent markets and the fees involved in active ETF investing. How investors can distinguish true active skill from trend-following products? See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Market View: Nvidia’s $1 Trillion AI Bet, Buffett’s Oil Windfall & Markets on the Move

AI demand is exploding - but can Nvidia really deliver a trillion-dollar future? Michelle Martin and Ryan Huang unpack Nvidia’s bold $1 trillion AI forecast driven by Blackwell chips, Vera Rubin systems and the rise of agentic AI that can act, not just respond. Hosted by Michelle Martin with Ryan Huang, the conversation explores whether Nvidia can maintain dominance as rivals circle and energy constraints loom. We also revisit Berkshire Hathaway’s $2 billion Iran oil windfall - a reminder of Buffett’s enduring edge in geopolitics and commodities. In corporate news, Dollar Tree surprises on pricing power while Peloton pivots to gyms, Sert expands logistics assets in Europe, and SATS rides cargo growth optimism. Back home, the STI climbs with Singapore Exchange, Singtel and Wilmar leading gains even as UOL lags. And in today’s Last Word, Pop Mart faces life after Labubu mania - can it reinvent its toy empire? See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Money and Me: The MOP Wave - Property Opportunity or Warning Sign?

Cheap mortgages, a flood of resale flats, and a widening condo price gap - is 2026 the year to buy, sell, or refinance your property? Michelle Martin explores Singapore’s unusual property moment and what it might mean for you. Daniel Sim, Founder, Golden Goose Properties and Michelle unpack whether owners should sell ahead of rising competition, refinance their loans while rates are low, or upgrade to private property. Could ripple effects could extend into executive condominiums and resale condos as more homeowners consider upgrading? With new launch prices climbing and the gap with resale condos approaching 50%, buyers and sellers face a complex set of decisions. We also explore what Singaporeans who bought overseas property should do if those investments are underperforming in today's market. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.