EPISODE · Jun 6, 2024 · 9 MIN
Artificial Intelligence continues its ascent
from Moving Markets · host Julius Baer
Nvidia became the second biggest company in the world yesterday as its market value exceeded USD 3 trillion, whilst ASML pushed LVMH aside to take over the number 2 spot in European markets. Other technology stocks also performed well – pushing their indices to new all-time highs. Markets now await more the discussion than the decision when it comes to the ECB later today: whilst the rate cut is firmly priced in, what Christine Lagarde says afterwards will be the main focus. Norbert Rücker, Head of Economics & Next Generation Research, joins the podcast to explain his ‘Cautious’ outlook for the oil markets.00:00 Introduction by Helen Freer (Investment Writing)00:34 Markets wrap-up by Bernadette Anderko (Investment Writing)05:18 Update on oil / OPEC meeting by Norbert Rücker (Head of Economics & Next Generation Research)08:44 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
What this episode covers
Nvidia became the second biggest company in the world yesterday as its market value exceeded USD 3 trillion, whilst ASML pushed LVMH aside to take over the number 2 spot in European markets. Other technology stocks also performed well – pushing their indices to new all-time highs. Markets now await more the discussion than the decision when it comes to the ECB later today: whilst the rate cut is firmly priced in, what Christine Lagarde says afterwards will be the main focus. Norbert Rücker, Head of Economics & Next Generation Research, joins the podcast to explain his ‘Cautious’ outlook for the oil markets.00:00 Introduction by Helen Freer (Investment Writing)00:34 Markets wrap-up by Bernadette Anderko (Investment Writing)05:18 Update on oil / OPEC meeting by Norbert Rücker (Head of Economics & Next Generation Research)08:44 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
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Artificial Intelligence continues its ascent
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