Morgans AM

Morgans AM

By Morgans Financial LimitedBusinessInvesting
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Morgans AM episodes

  • Wednesday, 25 February 2026: Tech Stocks Lead Market Rebounds
    US equity markets rebounded as Technology stocks steadied after a sharp sell-off amid artificial intelligence (AI) disruption concern - Dow rose +370-points or +0.76% Salesforce Inc rose +4.07% to be the leading performer in the 30-stock index, more than recouping the previous session’s -3.78% drop that came amid a broader decline on artificial intelligence (AI) disruption concerns from the likes of Anthropic. International Business Machines (IBM) Corp rose +2.67% a day after slumping -13.15%. Microsoft Corp rose +1.18%.
    6 min
  • Tuesday, 24 February 2026: Markets Rattled as Tech Turmoil and Tariff Shock Hit Wall Street
    US equity markets opened the new week on the back foot as investors digested President Trump’s move to raise global tariffs and amid fresh concerns around artificial intelligence (AI) disruptions to various industries - Dow fell -822-points or -1.66%, booking its worst one-day decline since 20 January. International Business Machines (IBM) Corp slumped -13.15% and was the worst performer in the 30-stock index on concerns advances in Anthropic's AI technology could affect its business. Anthropic is slated to host an event tonight AEST to discuss the capabilities of its next generation AI assistant, Claude, and potentially announce new features.  Microsoft Corp (down -3.21%) and Salesforce Inc (-3.78%) fell over >3%
    6 min
  • Friday, 20 February 2026: US equity markets weaker after booking three straight sessions of gains
    • US equity markets weaker after booking three straight sessions of gains, with oil prices climbing to six-month highs amid escalating tensions between the US and Iran  - Dow fell -268-points or -0.54% Boeing Co (down -2.18%) and Sherwin-Williams Co (-2.23%) both fell over >2%.
    • The broader S&P500 eased -0.28%, with Financials (down -0.86%) leading eight of the eleven primary sectors lower. Investors moved out of private credit stocks after private market and alternative assets manager Blue Owl Capital Inc (down -5.93%) announced it’s going to tighten investor liquidity following its sale of US$1.4B in loan assets, spurring worries among investors about losses in the murky private loans area. Blackstone Inc (-5.37%) and Apollo Global Management Inc (-5.21%) both fell over >5%.   Information Technology fell -0.53%, with reports ChatGPT maker OpenAI is set to close a US$100B funding round. Utilities returned to the top of the primary sector leaderboard with a +1.13% gain.  Bookings Holdings Inc -6.16% a day after the on-line travel agency posted higher sales and profit for the fourth quarter. However, Bank of America analysts noted strategic reinvestments will likely slow the company’s pace of margin expansion. Carvana Co shed -7.95% after the online used-car retailer recorded some weakness in some key profitability metrics that outweighed solid sales numbers for the fourth quarter released after the close of the previous session.
    • The Nasdaq lost -0.31%.
    • The small capitalisation Russell 2000 added +0.24%.  
    6 min
  • Thursday, 19 February 2026: Tech Stocks Find Their Feet and Markets Advance
    US equity markets advanced as technology stocks found their footing and investors digested the minutes from the Federal Reserve’s January monetary policy meeting - Dow rose +129-points or +0.26%, with Nvidia Corp rising +1.63% and moving back into positive territory year-to-date after Meta Platforms Inc (+0.61%) announced a new deal to buy millions of its chips as part of its data centre buildout. Meta CEO Mark Zuckerberg said in a statement that the expanded partnership continues his company’s push “to deliver personal superintelligence to everyone in the world,” a vision he announced in July. Financial terms of the deal were not provided. Amazon.com Inc rose +1.81% despite Berkshire Hathaway reporting via a 13F filing that it had sold nearly all of its stake in the e-commerce giant. Analysts at Morgan Stanley regard Amazon as a “top pick” and both Amazon Web Services and the company’s retail business are shaping up to be massive beneficiaries of the artificial intelligence (AI) wave Amgen Inc (+1.71%), Chevron Corp (+1.84%), Cisco Systems Inc (+1.73%), Salesforce Inc (+1.90%) and Walt Disney Co (+1.57%) all gained over >1.5%. 3M Co (down 2.06%) and Boeing Co (-2.09%) fell over >2%
    7 min
  • Wednesday, 18 February 2026: Markets Steady as Tech Reclaims the Spotlight
    US equity markets little changed after resuming trading following the President’s Day long weekend and after booked their worst weekly declines of 206 to date last week - Dow rose +32-points or +0.07% Apple Inc (up +3.17%) was the leading performer in the 30 stock index and paced gains in the ‘Magnificent Seven’ cohort of mega-capitalisation technology stocks a day after announced it will hold a product launch event on 4 March, with the newest iPhone, a low-cost MacBook, and a faster iPad expected to be among the products featured. American Express Co and Nike Inc rose over >2%. Walmart Inc (down -3.76%) was the worst performing Dow component overnight,  with the retail giant slated to release its fourth quarter result on Thursday night AEST (19 February).
    6 min
  • Monday, 16 February 2026: Wall St Flat as Mega-Caps Drag
    US equity markets settled little changed, losing steam in the final hour of Friday’s (13 February)  - Dow eased -49-points or +0.10% Visa Inc (down -3.12%), while ‘Magnificent Seven’ mega-capitalisation technology stocks Apple Inc (-2.24%) and Nvidia Corp (-2.21%) fell over >2%. Nike Inc (+3.32%) and UnitedHealth Group Inc (+3.1%) climbed over >3%, Cisco Systems Inc (+2.47%) and Salesforce Inc (+2.31%) gained over >2%.
    5 min
  • Thursday, 12 February 2026: Weak Retail Sales Figures Lead to Market Retreat
    US equity markets retreated as investors digested weaker-than-expected retails sales figures and turned their attention to the potential threat artificial intelligence (AI) poses to the financial sector  - Dow added +52-points or +0.10% to 50,188.14, booking its third consecutive record closing and intra-day high after climbing above the >50,000 level last Friday (6 February). Home Depot Inc (up +2.28%) and Walt Disney Co (+2.64%) both gained over >2%.
    6 min
  • Wednesday, 11 February 2026: AI Jitters Hit Wall Street as Markets Pull Back
    US equity markets retreated as investors digested weaker-than-expected retails sales figures and turned their attention to the potential threat artificial intelligence (AI) poses to the financial sector - Dow added +52-points or +0.10% to 50,188.14, booking its third consecutive record closing and intra-day high after climbing above the >50,000 level last Friday (6 February). Home Depot Inc (up +2.28%) and Walt Disney Co (+2.64%) both gained over >2%.
    6 min

About Morgans AM

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A daily bulletin featuring an overnight sharemarket summary and economic news from across the globe, broadcast in the Morgans studio before the Australian stock market opens each morning.

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