The Daily: tech megacap stocks are inspiring confidence

Описание: The Australian sharemarket hit new highs this morning, just as the US market jumped overnight due to strong consumer and company earnings data. Part of this is the tech megacap stocks inspiring confidence with their results. Focus is swinging to the decision next week on the Australian cash rate.

Securities mentioned: Apple, Meta Platforms, Microsoft, Tesla, Invesco QQQ Trust, IBM, Apple, Vanguard Australian Shares ETF, ResMed