
S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
Markets hoping the Fed will finally cut interest rates.
Markets hoping the Fed will finally cut interest rates.
Financial Times: Some investors worried a few ‘megacap’ tech companies too influential.
Amazon's value is now eight times the size of New Zealand's GDP.
Nvidia shares lost billions in market value, but concerns may be short-lived.
Financial Times: Chipmaker’s shares have fallen 15% since Thursday,
Infratil's capital raise, and the rise of Nvidia, highlights a two-tier sharemarket.
Financial Times: Landmark moment, explosive rally with investor excitement over AI.
AI player's share price has more than doubled this year after more than tripling in 2023.