AM 15 May 26: US shares hit records on tech boom

The Australian share market is poised for gains on Friday as US technology stocks continue their record-breaking rally, driven by AI and semiconductor strength. Investors are monitoring the Trump-Xi summit in Beijing alongside solid US economic data, while keeping watch on upcoming mega IPOs that could reshape tech sector demand. Locally, QBE and Auckland Airport earnings are in focus. James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, take you through all the key numbers. 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.