US earnings might deflate lofty valuations
Despite technology stocks expected to deliver solid earnings growth, investors are wary of any significant share price rise.
Jessica Sier writes on business, markets, news and real estate. Based in our Sydney newsroom, Jessica is also a multimedia producer.
Despite technology stocks expected to deliver solid earnings growth, investors are wary of any significant share price rise.
Wall Street's positive mood spilled over to the local sharemarket on Monday, though buying lost some momentum in afternoon trade.
They've been a beacon of steady income for years, but some fund managers are shunning REITs, the second worst performing sector this year.
Shares enjoyed their best day of the year as investors poured back into the market, while the Aussie dollar slipped after the RBA left rates unchanged.
The release of 'bad data' has jolted around the share prices of tech heavyweights in after-hours trade on Wall Street's Nasdaq.
The sharemarket started the new year on the back foot, as gains in the big banks evaporated and investors remained cautious.
Investors poured into small-cap robotics company, Fastbrick Robotics, after the company struck a deal with global construction manufacturer Caterpillar.
The 2017 financial year came to an inglorious end on Friday, as the ASX suffered its worst session in more than seven months amid a global sell-off.
Millennials are set to inherit more money than any other generation and, according to UBS, they are committed to buying a better world for themselves.
As Chinese demand for Australian products hots up, a husband and wife team are hoping to raise $6m and IPO their daigou business.
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