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CommSec Market Update

CommSec Market Update

AM 23 Oct 26: What a difference a day makes

Oct 22, 2026 · 9m

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Wall Street tumbled overnight as disappointing reactions to Meta and Tesla's earnings reignited concerns about AI spending, while oil prices climbed to a five-month high amid renewed supply fears in the Middle East. The sell-off is set to weigh on the ASX, which is poised for a softer open after yesterday's decline. Plus, why slowing growth in AI token spending is raising fresh questions about demand for the technology. Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared,…