There's been some flare-ups in the AI and chip sectors and experts have raised concerns.

There's been drops on the Nasdaq and S&P 500, and investors are questioning the huge amount of spend on AI.

Milford Asset Management's Jeremy Hutton explained further.

LISTEN ABOVE

There's been some flare-ups in the AI and chip sectors and experts have raised concerns.
There's been drops on the Nasdaq and S&amp;P 500, and investors are questioning the huge amount of spend on AI.
Milford Asset Management's Jeremy Hutton explained further.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jeremy Hutton: Milford Asset Management on the 'financial wobbles' impacting the AI and chip sectors

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/61569863-7aeb-4241-9ae6-b47300847936/transcript

Micron announced its third quarter earnings earlier, beating out analysts' expectations and surpassing estimates for the company's Q4 revenue outlook.

Micron's stock has also gone up as a result, pushing up chip stocks.

Fisher Funds expert Sam Dickie explained further. 

LISTEN ABOVE

Micron announced its third quarter earnings earlier, beating out analysts' expectations and surpassing estimates for the company's Q4 revenue outlook.
Micron's stock has also gone up as a result, pushing up chip stocks.
Fisher Funds expert Sam Dickie explained further.&nbsp;
LISTEN ABOVE

Sam Dickie: Fisher Funds expert on Micron unveiling their third-quarter earnings

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d782e4b9-e709-4fce-8424-b474008674d3/transcript

Federated Farmers has elected a new national president from South Canterbury.

Waimate arable and dairy farmer Colin Hurst has replaced Wayne Langford.

He's served as vice president for the last three years - and been spokesperson for freshwater, biodiversity, and fire and emergency issues.

Former Federated Farmers president Wayne Langford says he's worked with Colin Hurst for a number of years and he's got confidence in his replacement. 

"He'll go well and he'll bring a different style to me, but that tends to be what you find - if you look at Andrew Hoggard, who was before me, he's quite different to me."

LISTEN ABOVE

Federated Farmers has elected a new national president from South Canterbury.
Waimate arable and dairy farmer Colin Hurst has replaced Wayne Langford.
He's served as vice president for the last three years - and been spokesperson for freshwater, biodiversity, and fire and emergency issues.
Former Federated Farmers president Wayne Langford says he's worked with Colin Hurst for a number of years and he's got confidence in his replacement.&nbsp;
"He'll go well and he'll bring a different style to me, but that tends to be what you find - if you look at Andrew Hoggard, who was before me, he's quite different to me."
LISTEN ABOVE

Wayne Langford: former Federated Farmers president on Colin Hurst taking over his role

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f22b3f9f-0cf8-4a53-80b7-b47400554ea1/transcript

Our relationship with China takes centre stage in Auckland this morning.  

The 12th annual China Business Summit brings together business and political leaders to explore areas for cooperation amid deepening global uncertainty. 

New Zealand exported nearly $20 billion worth of goods to China last year.  

Auckland Business Chamber chief executive Simon Bridges told Mike Hosking political leaders have been shifting this country closer to our security partners, but they still have to maintain New Zealand's commercial interests.  

He says in contrast to the climate of uncertainty surrounding US President Donald Trump, his tariffs, and the war, China has positioned itself as a predictable and reliable partner.  

LISTEN ABOVE 

Our relationship with China takes centre stage in Auckland this morning. &nbsp;
The 12th annual China Business Summit brings together business and political leaders to explore areas for cooperation amid deepening global uncertainty.&nbsp;
New Zealand exported nearly $20 billion worth of goods to China last year. &nbsp;
Auckland Business Chamber chief executive Simon Bridges told Mike Hosking political leaders have been shifting this country closer to our security partners, but they still have to maintain New Zealand's commercial interests.&nbsp;&nbsp;
He says in contrast to the climate of uncertainty surrounding US President Donald Trump, his tariffs, and the war, China has positioned itself as a predictable and reliable partner. &nbsp;
LISTEN ABOVE&nbsp;

Simon Bridges: Auckland Business Chamber CEO on the 12th annual China Business Summit taking place in Auckland

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2f5aee89-d470-4553-aadf-b473015bd43d/transcript

Jeremy Hutton: Milford Asset Management on the 'financial wobbles' impacting the AI and chip sectors

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