Morning Report 29 Aug 24: Wall Street Tumbles As Investors Brace For Nvidia Results CommSec Market Update podcast

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Morning Report 29 Aug 24: Wall Street tumbles as investors brace for Nvidia results

18d ago 9:49

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Wall Street retreats as investors eagerly await Nvidia's earnings figures, while Australian shares are set to fall amid declining commodity prices. OpenAI is in talks to raise funding, which would value the company at $100 billion. Meanwhile, Warren Buffett's Berkshire Hathaway has reached a market value of $1 trillion. U.S. retail shares, including Lululemon, PVH, and Foot Locker, are under pressure as the economic outlook deteriorates. Locally, the earnings season is winding down, with previews from Wesfarmers and Mineral Resources.

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.

… continue reading

708 episoder

#Trading #Business #CommSec

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Morning Report 29 Aug 24: Wall Street tumbles as investors brace for Nvidia results

CommSec Market Update

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published 18d ago

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MP3•Episod hem

Innehåll tillhandahållet av CommSec. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av CommSec eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Wall Street retreats as investors eagerly await Nvidia's earnings figures, while Australian shares are set to fall amid declining commodity prices. OpenAI is in talks to raise funding, which would value the company at $100 billion. Meanwhile, Warren Buffett's Berkshire Hathaway has reached a market value of $1 trillion. U.S. retail shares, including Lululemon, PVH, and Foot Locker, are under pressure as the economic outlook deteriorates. Locally, the earnings season is winding down, with previews from Wesfarmers and Mineral Resources.

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.

… continue reading

708 episoder

#Trading #Business #CommSec

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