Nvidia posts record third quarter earnings as investors decipher what it means for what some fear is an AI bubble; technology stocks soar providing a boost for the Australian sharemarket; new ABS statistics says people with disability are more likely to be targeted by fraudsters.
00:00 Nvidia, the world’s biggest AI chipmaker, has seen demand for its products drive a 1325 per cent share price boom over the last five years
02:07 The result propelled technology shares here, helping to push the ASX200 up 1.2 per cent higher, pulling it out of a near-six month low
02:30 The International Monetary Fund has backed Australia’s growing economy, saying the nation is managing a soft landing amid global uncertainty
03:26 The banking regulator says Australia’s financial system is well placed to absorb potential shocks from overseas
03:51 Property prices are expected to continue to climb in 2026, particularly on Australia’s east coast – with Sydney leading the charge
04:35 There are fears Australians with disability are being targeted by scammers
05:10 From Saturday, Australia Post will be temporarily reintroducing weekend deliveries
Ricardo Gonçalves breaks down the day’s financial news in On The Money.
#FinanceNews #ASX #Nvidia #AIEconomy #AustralianEconomy #Scams
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