Global equities were mixed, as the AI rally kept Nvidia and Amazon rising while Meta and some indices fell; AWS signed a major deal with OpenAI and Tesla unveiled a new chip.
The ASX eked out small gains, but Australian tech’s role was minimal and there was frustration over lack of strong local market rallies.
The RBA is set to hold rates steady after inflation data, with commentary on cycles and asset prices at record highs.
Commodities: Bitcoin and metals fell, coal rose, and iron ore held at resistance.
The host spotlighted AI-based Melbourne Cup picks and promoted the final stock market webinar for the year.
