Search

Home > Morgans Financial Limited > Morgans AM: Your pre-market briefing - Wednesday, 15 April 2026
Podcast: Morgans Financial Limited
Episode:

Morgans AM: Your pre-market briefing - Wednesday, 15 April 2026

Category: Business
Duration: 00:06:40
Publish Date: 2026-04-14 23:46:15
Description: US equity markets climbed and oil prices retreated amid signs of progress in U.S.-Iran peace talks, while investors also digested cooler-than-expected wholesale inflation figures – Dow rose +318-points or +0.66%. Nvidia Corp gained +3.8% to US$196.51 to book a tenth consecutive session advance - the artificial intelligence chip giant’s longest such winning streak since 2023 and one that has lifted the stock +17.66% over that stretch. The latest gain came a day after the company denied a report that it was seeking an acquisition of a large company that would “reshape the PC landscape.” Nvidia also announced a new family of open-source models overnight that the company it’s calling Ising, aimed at accelerating the adoption of quantum computing. Nvidia sits ~% below its all-time high of US$212.19 (adjusted for a 10-for-1 stock split that occurred in 2024) logged in October last year. Amazon.com Inc (+3.81%) extended its rally into a seventh straight session to record its best seven-day gain (+17.46%) since August 2022, with the company announced the acquisition of satellite operator Globalstar Inc (+9.63%) in a deal valued up to US$11.6B. Globalstar’s technology allows direct-to-device connectivity, meaning that consumer devices can communicate directly with satellites without additional equipment. The move could help Amazon grow its Leo satellite internet network and compete with Starlink, the satellite internet service of Elon Musk's SpaceX. Amazon also announced an agreement with Apple Inc (down -0.14%) for its Amazon Leo network to power existing and future satellite services for the iPhone and Apple Watch.
Total Play: 0