Nvidia CEO ousted? | PM 12 Nov 26

The Australian share market finished Friday lower but maintained its weekly winning streak after a strong start. Nvidia's leadership upheaval dominated headlines, weighing on tech stocks locally and globally. Retailers warned of weakening consumer confidence amid cost of living pressures, while miners and financial stocks also declined. Key catalysts ahead include US earnings from tech giants and local employment data next week. Steve Daghlian is a Market Analyst at CommSec. Each episode, he breaks down the day's market movements and explains what the numbers really mean. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Nvidia is facing fresh uncertainty following the departure of CEO Jensen Huang, sending its shares sharply lower as investors weigh the future of the AI giant. Wall Street was little unchanged in late afternoon trade, while rising oil prices added to inflation concerns and the ASX is poised for a weaker open. Plus, what history reveals about how the Australian share market performs on Friday the 13th. **This episode was recorded with two hours of trading to go on Wall Street** Join James Tao, Equity Market Commentator and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Wall Street rallied overnight as strong results from CoreWeave revived confidence in the AI trade, despite renewed tensions in the Middle East pushing oil prices higher. But will the ASX follow Wall Street's lead after closing near a two-and-a-half-month high yesterday? Plus, why a sharp fall in new housing lending is raising fresh questions about the outlook for Australian property prices. **This episode was recorded with two hours of trading to go on Wall Street** Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

The Australian share market extended its winning streak to a third consecutive day, closing higher after early weakness gave way to a late rally. Technology stocks led gains while financials softened. Life360 bounced back from yesterday's sharp sell-off, becoming the day's top performer. Key data on housing lending and bank earnings dominated company updates, with PEXA and Adairs providing outlooks on market conditions ahead. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Wall Street fell overnight as hotter-than-expected US inflation fuelled expectations of another Federal Reserve rate hike, sending Treasury yields sharply higher. The sell-off is set to weigh on the ASX, which is poised for a weaker open after yesterday's strong gains, while Nvidia shares continued to tumble amid uncertainty surrounding its CEO's future. Plus, the staggering amount wiped from Nvidia's market value in recent weeks. **This episode was recorded with two hours of trading to go on Wall Street** Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

The Australian share market surged on Tuesday, reaching its highest level in eleven weeks as risk sentiment improved following strong US overnight gains. Oil prices fell sharply, easing inflation concerns, while banks and miners led the charge. Key movers included Monadelphous and Qantas on the upside, offset by weakness in Life 360 and Superloop. Key upcoming catalysts include US inflation data and several local dividend dates. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. Check out our Market News page (https://www.commsec.com.au/market-news/the-markets.html) Follow us on: Instagram (https://www.instagram.com/commsec/) LinkedIn (https://www.linkedin.com/company/commsec/posts/?feedView=all) YouTube (https://www.youtube.com/@CommSecTV/featured) TikTok (https://www.tiktok.com/tag/commsec) The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Wall Street rallied overnight despite a sharp fall in Nvidia shares amid controversy surrounding its CEO, with another drop in oil prices helping to lift investor sentiment. The gains are set to flow through to the ASX, which is poised for a stronger open, while investors continue to weigh the outlook for AI stocks. Plus, why markets are now pricing in an Australian interest rate cut next year. **This episode was recorded with two hours of trading to go on Wall Street** Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

The Australian share market finished Monday marginally higher, holding above the psychologically important 9,000-point level despite significant volatility beneath the surface. Materials rallied strongly while financials retreated, offsetting each other across the broader index. Key earnings continued with ANZ releasing results, while data center and property stocks faced mixed fortunes. Upcoming economic data and bank dividends will shape the week ahead. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. Check out our Market News page (https://www.commsec.com.au/market-news/the-markets.html) Follow us on: Instagram (https://www.instagram.com/commsec/) LinkedIn (https://www.linkedin.com/company/commsec/posts/?feedView=all) YouTube (https://www.youtube.com/@CommSecTV/featured) TikTok (https://www.tiktok.com/tag/commsec) The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.

Wall Street staged a relief rally on Friday as tech stocks rebounded from the previous session's sharp sell-off. The recovery is set to flow through to the ASX, which is poised for a slightly stronger open, while uncertainty surrounding the conflict in Iran continues to weigh on oil markets. Plus, what history reveals about ASX performance when interest rates peak and which sectors have delivered the strongest returns. Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.