James Gruber
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Podcast Appearances
Nordic shares advanced almost 6% after the German onshore wind turbine maker posted core earnings and sales above expectations.
Adidas added 1.1% after Kenya's Sebastian Solway became the first person to run a marathon in under two hours in an official race while wearing the brand's trainers.
It's now time for the watch list.
In Australia, inflation is out tomorrow.
CBA economists are forecasting a rise of 4.6% year on year for the month of March.
In the US, corporate earnings are continuing to filter through this week.
Gill outlined some of the big ones yesterday.
So Tuesday, it'll be Visa and Coca-Cola.
There's an interest rate decision from the US Federal Reserve as well.
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.