This is the Fear & Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.


ASX climbs 1.5pc


Nvidia revenue surges


ASIC launches action against Equity Trustees


Singtel wants to sell Optus stake


Airport hair removal bomb scare

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This is the&nbsp;<a href="https://fearandgreed.com.au/">Fear &amp; Greed</a> Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
<ol>
<li aria-level="1">
ASX climbs 1.5pc
</li>
<li aria-level="1">
Nvidia revenue surges
</li>
<li aria-level="1">
ASIC launches action against Equity Trustees
</li>
<li aria-level="1">
Singtel wants to sell Optus stake
</li>
<li aria-level="1">
Airport hair removal bomb scare
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Afternoon Report | ASX jumps on jobs data

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/9e607a25-cb58-4f5e-b651-b45100714751/transcript

Friday 22 May 2026

A surprise jump in the unemployment rate has raised hopes that the Reserve bank will hold back on lifting interest rates. 
Virgin scraps flights as it looks to save on fuel costs
Elon Musk’s SpaceX set to hit the share market with a valuation of $2 trillion
Warnings that house prices could fall ten per cent
The AFL footballer who is likely to make more in one game tomorrow, than his annual salary in most years

Hit follow on the podcast so you don’t miss the latest news

Join our free daily newsletter here

And don’t miss the latest episode of How Do They Afford That? - how to entertain well (without overspending). Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Friday 22 May 2026
A surprise jump in the unemployment rate has raised hopes that the Reserve bank will hold back on lifting interest rates.&nbsp;
<ul>
<li aria-level="1">Virgin scraps flights as it looks to save on fuel costs</li>
<li aria-level="1">Elon Musk&rsquo;s SpaceX set to hit the share market with a valuation of $2 trillion</li>
<li aria-level="1">Warnings that house prices could fall ten per cent</li>
<li aria-level="1">The AFL footballer who is likely to make more in one game tomorrow, than his annual salary in most years</li>
</ul>
Hit follow on the podcast so you don&rsquo;t miss the latest news
Join our free <a href="https://fearandgreed.com.au/newsletter-signup">daily newsletter here</a>
And don&rsquo;t miss the latest episode of&nbsp;<a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/">How Do They Afford That?</a> - how to entertain well (without overspending). Get the episode from <a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235">APPLE</a>,<a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14"> SPOTIFY</a>, or anywhere you listen to podcasts.

Hopes rate hikes on pause; could house prices fall 10pc; SpaceX $US2 trillion IPO

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/579b2c46-dc9d-4d44-8c1e-b45100bc4cb5/transcript

It’s been a remarkable couple of days on Wall Street.

Nvidia delivered another blockbuster earnings result, SpaceX released details ahead of a potential IPO, and reports suggest OpenAI is racing towards a public listing.

Sean Aylmer speaks with Josh Gilbert, Head Analyst APAC & Middle East at eToro, about what it all means for investors. Josh explains why Nvidia’s extraordinary growth may still be only the beginning, why he believes AI is not a bubble, and why SpaceX could become one of the biggest and most important IPOs in market history.

It&rsquo;s been a remarkable couple of days on Wall Street. Nvidia delivered another blockbuster earnings result, SpaceX released details ahead of a potential IPO, and reports suggest OpenAI is racing towards a public listing. Sean Aylmer speaks with Josh Gilbert, Head Analyst APAC &amp; Middle East at eToro, about what it all means for investors. Josh explains why Nvidia&rsquo;s extraordinary growth may still be only the beginning, why he believes AI is not a bubble, and why SpaceX could become one of the biggest and most important IPOs in market history.

Q+A: Nvidia, SpaceX and OpenAI: is this the next great tech boom?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/a886f6d6-13b6-40fc-b2f7-b45100bc4a61/transcript

Market interest rates surge as investors fear rising inflation could lead to a widespread recession. 
The former boss of Rex Airlines admits to misleading the market
The price of gold falls, taking precious metal stocks with it
Hay fever hits nearly one-in-two Japanese citizens
Xi Jinping meets Vladimir Putin

Hit follow on the podcast so you don’t miss the latest news

Join our free daily newsletter here

And don’t miss the latest episode of How Do They Afford That? - how to entertain well (without overspending). Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Market interest rates surge as investors fear rising inflation could lead to a widespread recession.&nbsp;
<ul>
<li aria-level="1">The former boss of Rex Airlines admits to misleading the market</li>
<li aria-level="1">The price of gold falls, taking precious metal stocks with it</li>
<li aria-level="1">Hay fever hits nearly one-in-two Japanese citizens</li>
<li aria-level="1">Xi Jinping meets Vladimir Putin</li>
</ul>
Hit follow on the podcast so you don&rsquo;t miss the latest news
Join our free <a href="https://fearandgreed.com.au/newsletter-signup">daily newsletter here</a>
And don&rsquo;t miss the latest episode of&nbsp;<a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/">How Do They Afford That?</a> - how to entertain well (without overspending). Get the episode from <a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235">APPLE</a>,<a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14"> SPOTIFY</a>, or anywhere you listen to podcasts.

Market rates surge on inflation fear; Rex boss admits misleading market; hay fever epidemic

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/b73a34e9-33c2-401e-bfeb-b45000d8ea2d/transcript

Afternoon Report | ASX jumps on jobs data

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