Sean Aylmer

chip maker.

I don't know why I said that, Michael.

Chip maker.

How about that?

World's largest chip maker.

It might be the fifth largest market, Taiwan, still a minnow compared to Wall Street.

The value of the US stock market, according to Bloomberg, 78 trillion US dollars.

Next is mainland China, 16 trillion US, then Japan, Hong Kong, Taiwan.

But if you put the next nine markets together, the US market is still a third bigger.

In those nine markets combined, Australia at about $2.2 trillion is not in the top 10 markets globally.

I suppose the point of all this is the tech stocks seem to be driving the market, but it's become a very much a bifurcated tech industry.

On one side, you've got data centers and AI.

On the other, you've got SAS companies, and the SAS companies aren't doing well.

The data centers and the AI companies are doing really well.

And great use of the term bifurcated as well.

Yes, well, it started lower, then rose during the day to finish flat at 8,729 points.

We won't talk about it.

Well, are we?

Because the five best performing stocks yesterday were actually tech-related, while the worst performers included DroneChill, which recorded a first strike against its remuneration report at its EGM.

and health care group resmed the banks were mixed while the big miners were higher bhp hit yet another record high it's now valued at 317 billion dollars some of the more defensive large caps csl transurban telstra or lower