4th November 2025 – AI rally continues as AWS joins the OpenAI “pass the parcel”

Global equities were mixed, as the AI rally kept Nvidia and Amazon rising while Meta and some indices fell; AWS signed a major deal with OpenAI and Tesla unveiled a new chip.​The ASX eked out small gains, but Australian tech’s role was minimal and there was frustration over lack of strong local market rallies.​The RBA is set to hold rates steady after inflation data, with commentary on cycles and asset prices at record highs.​Commodities: Bitcoin and metals fell, coal rose, and iron ore held at resistance.​The host spotlighted AI-based Melbourne Cup picks and promoted the final stock market webinar for the year.​