Nvidia shares tumble | Qantas axes jobs | Consumer confidence at four year low
Donald Trump has spoken with the CEO of Nvidia following revelations he had a romantic relationship with a woman who is reportedly a Chinese spy; hundreds of Qantas jobs are on the line as the airline steps up its push into artificial intelligence; and consumers are bracing for more interest rate rises — and they’re no longer positive about the outlook for house prices.
00:00 Shares in Nvidia fell more than four per cent overnight, sending the AI chip giant to a seven-month low
01:33 Hundreds of Qantas jobs are on the line as the airline steps up its push into artificial intelligence
03:15 Falling oil prices and gains across most sectors helped drive the ASX 200 to a two-month high, led by industrial stocks
04:01 Consumer confidence has fallen to a four-year low as households grow increasingly worried about living costs and the outlook for property prices
05:15 Shoppers are expected to spend a record amount during the Black Friday sales, but the ACCC is warning consumers to watch out for misleading discounts
06:23 A landmark survey of over a thousand businesses found just one in three reported employing someone with a disability
Ricardo Gonçalves breaks down the day’s financial news in On The Money.
#Nvidia #Qantas #ArtificialIntelligence #InterestRates #BlackFriday #FinanceNews
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