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Steve Daghlian

๐Ÿ‘ค Speaker
1227 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

And then, of course, the fact that there was pretty much no progress being made between the US and Iran, that hasn't really been helpful for markets in the last week or two.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Wow.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

And they've got that massive tech sector, of course.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

We're dominated by the miners and financials over in the United States.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

It's basically all tech that's the driving force.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

And that's why I should touch on some of those big tech names that came out with their results after the US market shut early this morning, Sydney time.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

We had some pretty big movements in both directions.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

So it's likely to have an effect on US markets when they reopen again tonight.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

So one of the big winners in after hours trade was Alphabet.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

This is Google's parent company.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

It was up around 7% in after hours trade.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Signs that it's seeing a clear payoff from its AI spending.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Solid growth across its cloud computing arm as well.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Another winner seemed to be Amazon, almost 3% higher in after-hours trade.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

It reported a 30% lift in cloud computing revenue.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

And Microsoft also posted its numbers.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Not too much movement in after-hours trade, though.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

The big loser was Meta.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

This is a Facebook parent company, 7% lower in after-hours trade.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

So that could certainly be a weight tonight.