James Gruber
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That's Wednesday, US time.
It's tipped to hold rates steady.
And now it's time for our one more thing segment.
Well, here's a stat for you.
It's about the largest stock in the S&P 500, Nvidia, which we mentioned previously.
Its market capitalization is now over $5 trillion.
It's now 160 times bigger than the smallest stock in the S&P 500, Campbell Soup.
It gives another perspective on the mind-boggling rise of Nvidia and its incredible scale and size.
And that's it for this morning.
We're on deck here at ComSec monitoring developments on today's local trading session, so check out this afternoon's episode of the podcast with Laura Bessarati and Stephen Daglian for all the key updates.
I'm James Gruber.
Have a great day.
Tensions flare in the Middle East.
That's got oil up and stocks down.
The Australian share market is set to open flat.
Good morning, I'm James Gruber.
And I'm Gillian Bowen.
It's Friday the 24th of April and this is the morning edition of the CompSec Market Update.
Yes, the US president is back on social media, as is his want, claiming total control over the Strait of Hormuz and has threatened on Thursday morning US time to sink Iran mine laying ships.
While Iran has released footage purporting to show its troops storming a large cargo ship for trying to cross the strait without a permit.