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CommSec Market Update

Market Close 27 Feb 25: Why bumper NVIDIA profits failed to impress

27 Feb 2025

Description

The market has edged higher today following the recent losing streak.  Laura and Stevie talk through this session and the impact that Nvidia’s record breaking earnings results had on both local and international markets.  Locally most of the sectors saw improvements across the session, they talk through the earnings results that caught attention including Coles and IDP Education, and they look to the upcoming happenings that could move markets including economic growth data out of the US and a weekly update on crude oil inventories. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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