Latest
Dogecoin frenzy overloads Robinhood crypto order system
Dogecoin, boosted by the likes of Elon Musk and Mark Cuban, rallied more than 110 per cent on Friday (Saturday AEST), according to CoinMarketCap.com.
- Joanna Ossinger and Vildana Hajric
Wall Street extends bullish run
Both the S&P 500 and Dow reset their record highs and the Nasdaq moved closer to one as optimism and bullishness remain high.
- Timothy Moore
Rosenberg presses contrarian market call
Dave Rosenberg acknowledges that while he’s “historically early to a fault”, he sees a heightened potential for a market correction. He’s not alone.
- Timothy Moore
Tech stocks lead strong week for ASX
A surging tech sector drove the Australian sharemarket to a fresh 13-month high this week, as strong economic data and a calming of the bond market supported global equity markets.
- William McInnes
Iron ore shakes off China production restrictions
The iron ore market has shaken off concerns environment restrictions in China would curb the rally in prices, with tight price conditions expected to persist through the rest of the year.
- William McInnes
Bonds signal inflation repricing over for now
Bond markets unexpectedly strengthened after another batch of solid economic data from the US, in a sign that this year’s rapid repricing of inflation expectations may be over for now.
- Sarah Turner
Opinion & Analysis
Why I bought bitcoin
Bitcoin’s growing credibility as a store of value among institutional investors and wider usage as a medium of exchange prompted this self-managed super fund to dive in.
Columnist
The ASX is poised for a bullish breakout
The conditions look ideal for this bull market to run harder, with the Dow Jones at a record high, leading bankers reporting positive sentiment among business customers, and households primed to spend record savings.
Columnist
Lessons remain for quant genius who helped expose Madoff
Dan diBartolomeo helped prove Bernie Madoff was a fraud. He says the collapse of Archegos Capital shows professionals still fall for things too good to be true.
Columnist
Insiders still selling at Zip and Afterpay
The loss-making buy now, pay later sector has taken up where it left off in 2020, with huge capital calls at the same time as early investors sell out.
Markets reporter and commentator
Meet the Fundie
It’s not just about value or growth for Holon’s Behncke
The fund manager does not follow the herd when it comes to investing in innovation and believes Afterpay, Xero and Megaport belong alongside Tesla, Amazon and Alibaba.
- William McInnes
Why this Antares fundie bought Afterpay in 2017
John Guadagnuolo says successful investors reach their own conclusions and avoid the crowd – as he did when he bought into the then little-known lender.
- Tom Richardson
The best stocks for an inflationary world
It’s crucial fund managers keep an eye on the macroeconomic backdrop as well as busying themselves with company fundamentals, says Dan Bosscher.
- Sarah Turner
More From Today
- Opinion
- Chanticleer
Why I bought bitcoin
Bitcoin’s growing credibility as a store of value among institutional investors and wider usage as a medium of exchange prompted this self-managed super fund to dive in.
- Tony Boyd
Yesterday
- Opinion
- Chanticleer
The ASX is poised for a bullish breakout
The conditions look ideal for this bull market to run harder, with the Dow Jones at a record high, leading bankers reporting positive sentiment among business customers, and households primed to spend record savings.
- Tony Boyd
- Opinion
- Chanticleer
Lessons remain for quant genius who helped expose Madoff
Dan diBartolomeo helped prove Bernie Madoff was a fraud. He says the collapse of Archegos Capital shows professionals still fall for things too good to be true.
- James Thomson
Robinhood faces ban in Massachusetts
The head of the state’s securities division accused Robinhood of aggressively inducing and enticing trading among its customers.
- Malathi Nayak and Misyrlena Egkolfopoulou
Shares close higher; AMP hits new record low
Benchmark iron ore price highest since 2011, Coca-Cola Amatil shareholders approve European sale, Packer can keep 37pc Crown stake, China Q1 GDP hits record 18.3pc, Min Resources cuts iron ore export guidance.
- Tom Richardson, Vesna Poljak, Sarah Turner and William McInnes
Goldman bullish on outlook for risk assets
Strategists at Goldman Sachs see the potential for a ‘Goldilocks’ environment materialising later in 2021, and investors should focus on cyclicals over growth stocks.
- Timothy Moore
ASX to rise, Dow resets record on earnings, economic data
Australian shares are poised to open higher. Dow closes above 34,000 for first time. US 10-year bond yield plunges. China GDP pending.
- Timothy Moore
This Month
ASX rises 0.5pc, edging closer to record as miners rally
The ASX advanced to a post-pandemic high on Thursday as miners helped to push the market closer to last year’s record.
- Sarah Turner
- Analysis
- Sharemarket
Insiders still selling at Zip and Afterpay
The loss-making buy now, pay later sector has taken up where it left off in 2020, with huge capital calls at the same time as early investors sell out.
- Tom Richardson
Rallying shares ignite valuation warnings
The return of the sharemarket to near-record levels is ringing alarm bells with fund managers, with Investors Mutual joining the chorus highlighting risks.
- Sarah Turner
ASX closes at fresh 13-month high, within 1.5pc of record high
The Australian sharemarket has rallied to a post-pandemic high after falling at the open; Boral exploring options for fly ash business; April unemployment rate drops to 5.6pc; JPMorgan upgrades Wesfarmers; 92 Energy soars 70 per cent on debut. Follow the latest here.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner and William McInnes
- Opinion
- Investing
ETFs dispel fear-mongering to pass pandemic stress test
Exchange traded funds were meant to be the source of the next crisis, but they proved their worth in the last one.
- Jonathan Shapiro
- Opinion
- Chanticleer
Coinbase may be too profitable for its own good
Coinbase’s sharemarket debut, which is thought to have netted Westpac-backed Reinventure $500 million, is a big moment in many ways. But investors need to be aware its fat profit margins will make it a target.
- Updated
- James Thomson
- Analysis
- Investing
Investors brace for ‘major shift’ as momentum and value collide
Since November’s coronavirus vaccine breakthroughs, value stocks have benefited from their high sensitivity to economic cycles. Now, they are climbing fast and consistently enough to start classifying as momentum stocks as well.
- Robin Wigglesworth, Madison Darbyshire and Laurence Fletcher
Coinbase soars near $150b valuation in landmark listing
Although its shares ended lower on the day, the exchange’s initial public offering and valuation high are a watershed for the cryptocurrency industry.
- Crystal Tse, Katie Roof and Olga Kharif
Oil surges to highest in a month with US demand picking up
Futures rose 4.9 per cent in New York, the most since late March, after trading in a $US5 range for weeks.
- Andres Guerra Luz
ASX to drop, Wall St mixed, oil leaps
Australian shares are poised to fall, with the S&P 500 and Nasdaq lower as US earnings season kicks off in style. Oil leaps on IEA’s optimism.
- Timothy Moore
ASX clears 7000 again, putting record high in sight
The Australian sharemarket is within 2 per cent of hitting a record high after closing above 7000 points for the first time in more than 13 months.
- William McInnes
Tech powers ASX 0.7pc firmer to a post-pandemic high
Gains in the buy now, pay later and broader tech sector helped shares hit a post-pandemic high, with gold miners also gaining on falling Treasury yields.
- Tom Richardson
