Fear & Greed Afternoon Report | 5 Nov 2026

This is the Fear & Greed Afternoon Report - everything you need to know right now.

Today, Australian shares surge to a two-month high, as technology and mining stocks rally. Michael Thompson looks at three major business stories: a potential takeover battle for NextDC, the collapse of David Jones, and NAB's warning of a growing recession risk. Plus, hear from NAB CEO Andrew Irvine on the pressures facing Australian retailers.

Also, the fallout from the US midterm elections continues, with Donald Trump reportedly considering replacing his Defence Secretary, and Telstra explains those mysterious missed call notifications.

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