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Rise and Shine: Everything you need to know before the ASX opens

Published by Stockhead · Australia 36 min ago
Rise and Shine: Everything you need to know before the ASX opens
Stockhead

Detailed summary

Good morning! Here’s everything you need to know before the ASX flings open its doors and begins trading today. ... Read More The post Rise and Shine: Everything you need to know…

Good morning everyone and welcome to Rise and Shine on Thursday, November 12, 2026. Here’s what you should know before the ASX opens today…

S&P/ASX 200 futures were down 0.5% at 7am AEDT, pointing to an ordinary start for Aussie shares on Thursday.

The Dow rose 0.5%, the S&P 500 gained 1.4%, and the Nasdaq jumped 1.8% as investors piled back into tech.

The bloke responsible for much of the excitement was CoreWeave, which rocketed around 25% after forecasting US$13 billion to US$13.3 billion in annual revenue.

It also reckons it’ll turn profitable on an adjusted basis in 2028. So, still losing money for now, but Wall Street’s apparently happy to put that on the tab.

Nvidia bounced 4%, even as boss Jensen Huang faced a possible congressional subpoena over his alleged Chinese spy romance.

You’d think that might dampen the mood. Apparently not when there’s AI money to be made.

OpenAI also reportedly hit US$10 billion in quarterly revenue, while Anthropic’s blockbuster IPO is attracting investors by the truckload.

Of course, hot US inflation is still causing grief, with traders betting on more Fed rate hikes.

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