Morning Report 22 May: Aussie shares expected to lift after Wall Street hits fresh record highs

Join Tom and Ryan as they discuss Wall Street's latest record highs, with the Dow, S&P 500, and NASDAQ posting modest gains. They explore Nvidia's upcoming earnings report, which is anticipated to show substantial revenue growth driven by high demand in the data-center business. They also highlights the Federal Reserve's cautious stance on inflation, the latest movements in commodity prices, and updates from major companies like Amazon, IBM, Tesla, and Palo Alto. Additionally, they touch on the Reserve Bank of New Zealand's interest rate decision and the economic landscape in Europe and Canada, offering insights into various market dynamics and expectations for the local Australian market. 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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