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ASX flat as Guzman y Gomez shares make stellar debut

ASX flat as Guzman y Gomez shares make stellar debut

The Australian sharemarket was slightly lower on Thursday, with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.

  • by Millie Muroi

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ASX closes flat with energy the key standout

ASX closes flat with energy the key standout

The Australian sharemarket dipped in late trade to close slightly lower as investors wound back their bets on interest rate cuts after the central bank’s decision on Tuesday to keep the cash rate on hold.

  • by Sumeyya Ilanbey and Millie Muroi
The AI bubble might blow up in our face

The AI bubble might blow up in our face

All AI bubbles to date have ended in a “winter”, and the next one may be the chilliest of all.

  • by Andrew Orlowski
Banks, utilities boost ASX as rates hold steady; Fortescue dives

Banks, utilities boost ASX as rates hold steady; Fortescue dives

Utilities firms and banks lifted the Australian sharemarket on Tuesday after US stocks rose towards more records ahead of what could be a quiet, holiday-shortened week.

  • by Millie Muroi and Jessica Yun
The oil mystery that has the world on edge
Opinion
Oil

The oil mystery that has the world on edge

It is one of the world’s most important markets and powerbrokers are widely split on what its future looks like.

  • by Stephen Bartholomeusz
The meeting where Wall Street billionaires tripped over themselves to back Trump

The meeting where Wall Street billionaires tripped over themselves to back Trump

Before 12 New Yorkers branded Donald Trump a felon, a very different kind of jury had reached a verdict of its own at a ritzy Manhattan hotel.

  • by Amanda L Gordon and Sridhar Natarajan
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ASX dips after Wall Street treads water near record highs

ASX dips after Wall Street treads water near record highs

Declines in technology, energy and industrial shares dragged the Australian sharemarket lower after a relatively lacklustre trading session on Wall Street Friday.

  • by Jessica Yun
Saudi Arabia is eyeing a future beyond oil - but there is a problem

Saudi Arabia is eyeing a future beyond oil - but there is a problem

The kingdom is desperately trying to juggle its still-vital petroleum industry with the need to get ready for a cleaner future.

  • by Stanley Reed
RBA set to hold rates as price pressures remain

RBA set to hold rates as price pressures remain

Economists still expect the next rate move will be down, but those with home loans might have to wait until next year to see it.

  • by Poppy Johnston
ASX finishes week in the red as Wall Street slides

ASX finishes week in the red as Wall Street slides

The Australian sharemarket lost ground on Friday, reflecting a drab trading session on Wall Street overnight.

  • by Jessica Yun
ASX rises as Wall Street gets inflation boost; Sigma slumps

ASX rises as Wall Street gets inflation boost; Sigma slumps

The Australian sharemarket advanced, powered by interest-rate-sensitive tech stocks and real estate investment trusts after Wall Street hit new records overnight.

  • by Sumeyya Ilanbey