Market View: Asian tech stocks set to extend month-long rally; Microsoft slides 6.5% in extended trade amid concerns about massive capex spending, Meta shares up 8% in after hours after lifting revenue and capex outlook for 2026; Apple’s earnings in focus; Fed leaves rates unchanged, June seen as next likely window for rate cut; Samsung Electronic’ Q4 operating profit more than tripled to record high; Nvidia, Amazon and Microsoft reportedly in talks to invest up to US$60 billion in OpenAI; Sembcorp Industries to watch

Your Way Home with Hongbin Jeong · Jan 29, 2026 · 14m

Singapore shares nudged higher today as investors mull the US Federal Reserve’s move to hold interest rates as expected. The Straits Times Index was up 0.15% at 4,916.55 points at 1.31pm Singapore time, with a value turnover of S$918.03M seen in the broader market. In terms of counters to watch, we have Sembcorp Industries, after the company said yesterday that its wholly owned subsidiary Sembcorp Power will supply memory chip giant Micron with an additional 150 megawatts of power to support a new Woodlands plant in capturing artificial intelligence demand. Elsewhere from how investors…