Market Close 22 May 24: Bird flu impacts chicken producer

The market remains cautious this week.  Laura and Stevie reflect on this breather and look at how it performed today.  They look at the New Zealand interest rate decision, the performance of each of the sectors and the stocks that received attention.  Telstra and Webjet are among those discussed, a…

Morning Report 22 May: Aussie shares expected to lift after Wall Street hits fresh record highs

Join Tom and Ryan as they discuss Wall Street's latest record highs, with the Dow, S&P 500, and NASDAQ posting modest gains. They explore Nvidia's upcoming earnings report, which is anticipated to show substantial revenue growth driven by high demand in the data-center business. They also highlight…

Market Close 21 May 24: Telstra job cuts impact share price

The market ran out of steam today following a run toward record highs.  Laura and Stevie reflect on the strong run that we have seen, and how the lack of economic news is fuelling this wait and see moment for the market.  They explain the impact of the recent budget announcement, the performance of…

Morning Report 21 May 24: Nasdaq hits record with Nvidia results eyed

The AI boom is continuing to move markets according to Tom and Ryan, with anticipation mounting for Nvidea's earnings report due tomorrow. Across the board, US stocks showed mixed outcomes with the Dow Jones and S&P 500 down slightly while tech stocks like the Nasdaq and Philadelphia Semiconductor …

Market Close 20 May 24: Aussie market creeps toward record high

Laura is back alongside Stevie today on a day where the market is in the positive.  The ASX was today within half of a percent of a record high.  They unpack the catalysts for this including US inflation data and look at the performance of each of the sectors.  Star entertainment has skyrocketed ar…

Morning Report 20 May 24: Aussie stocks set for gains at the open, Miners in focus after Chinese data

The Aussie market is opening to mixed signals from Wall Street, where the Dow closed above 40,000 for the first time. Excitement surged as Reddit's stock jumped 10% following a new AI partnership with OpenAI, and Nvidia's sky-high earnings expectations underscored the booming AI sector. European ma…

Market Close 17 May 24: Aussie shares ease as investors pause to reflect on recent gains

The market has ended the week with a pause.  Craig joins us solo to look at the international data that likely drove this stall, and to reflect on a week which saw impressive highs yesterday.  Craig looks at the big movers from today, the company reports which influenced these moves, and what could…

Morning Report 17 May 24: Aussie shares to slip as Dow hits milestone 40,000 mark

Despite starting strong, markets wilted towards the session's end, with the Dow Jones, the S&P 500, and the NASDAQ down. The ASX 200 is expected to follow suit with a 0.5% decline. Notable market movements include Walmart's historic day, Chubb's stock rise after Berkshire Hathaway's stake revelatio…

Market Close 16 May 24: Aussie shares catapulted higher on offshore gains

Craig joins us solo today on a day when the market is at record highs.  He unpacks the data overnight that catapulted local markets deep diving into interest rate cuts, higher than expected jobs figures, and what to watch in the day ahead. The content in this podcast is prepared, approved and dist…

Morning Report 16 May 24: Inflation relief sends Wall Street to record highs

US indices soar to unprecedented heights on the heels of surprising CPI figures, signaling potential rate adjustments according to Tom and Ryan. With tech surges and retail eyes on Walmart, markets react to US economic data. European markets remain steady as commodities gain ground amid a dollar di…