Thursday Jun 26, 2025

Tech stocks lead Nasdaq-100 to an all-time high

The Nasdaq-100 index hit all-time high overnight as tech stocks surged. Investors have moved on from the Iran conflict, deepening their risk appetite. Because of that Nvidia reached a new record, climbing 4.3% to overtake Microsoft as the world's most valuable company. Locally, shares dipped at the open, we'll watch DroneShield, after its 20% jump yesterday over a European defence deal.

Stocks mentioned include Commonwealth Bank, DroneShield, Nvidia, Virgin Australia

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