Latest
Nvidia inches closer to record as AI bonanza continues
Investors are keenly waiting for the artificial intelligence poster child to report earnings next week, which could vault the stock back into record territory.
- Ryan Vlastelica
Regal, hedge funds are sticking with Japan after the crash
Regal’s investment chief Phil King is among those shrugging off the Nikkei’s worst sell-off in almost four decades and is betting on a big rebound.
- Joshua Peach
Pengana tips this tiddler to grow into a ‘multibillion-dollar’ stock
Portfolio manager Jeremy Bendeich explains why he’s betting big on titanium, and explains the potential behind Brazilian Rare Earths.
- Updated
- Joanne Tran
‘Would be a disaster’: nervous short-sellers brace for iron ore at $US100
The Asian hedge funds targeting Australia’s largest mining stocks are looking on anxiously after the steelmaking ingredient staged a rapid rebound this week.
- Alex Gluyas
‘Urgent’ $1.6b coal deal; BoQ to sack 400; $1b Aussie housing bet
Read everything that’s happened in the news so far today.
Shares rise; Megaport, Insignia, Collins Foods sink, WiseTech surges
Shares 10 straight days of gains. Whitehaven sells Blackwater stake for $1.6b. Medibank lifts dividends 13.8pc. Insignia pauses dividend. Qube lifts profits 32pc. Follow here.
- Updated
- Timothy Moore, Tom Richardson, Sarah Jones, Alex Gluyas, Joshua Peach, Cecile Lefort and Joanne Tran
Opinion & Analysis
‘People need a rate cut’: Here’s the big story of profit season
The pressure of higher-for-longer rates is the thread running through profit season. But the pain is far from over, even if the ASX 200 doesn’t believe it.
Columnist
China’s growth nightmare just washed up on the ASX
From BlueScope Steel to A2 Milk, China’s massive economic problems are starting to weigh on ASX earnings. And there are no easy fixes.
Columnist
The market sell-off was crazy, but so is what’s happened since
The biggest market panic since the pandemic seems to have come and gone. But don’t believe the calm – this is a fragile market.
Columnist
Resilient corporate profits are masking the ASX’s shaky foundations
Earnings season reveals local groups are performing better than expected. Weakness in China and a fall in Commonwealth Bank’s share price could undo the gains.
Senior reporter
Companies in the News
ASX Limited
Commonwealth Bank
Fortescue Metals Group
Nine Entertainment
Updated: Aug 22, 2024 – 3.58pm. Data is 20 mins delayed.
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View stories and data from an ASX listed company
Meet the Fundie
The stocks that helped catapult ECP to the top of the pile
Fund management veteran Manny Pohl isn’t afraid to tackle short sellers head-on, and his fortitude is paying dividends for the firm that he helped found.
- Alex Gluyas
Why this fundie is betting big on Macquarie Group
K2’s George Boubouras is not worried about the recent market turmoil or the US economy, instead he’s betting on mid-caps and Australia’s biggest investment bank.
- Cecile Lefort
Lessons from 40 years of investing, from one value investor to another
Dougal Maple-Brown discusses his family’s decision to sell the famed Sydney boutique founded by his father, the late Robert Maple-Brown.
- Joshua Peach
More From Today
ASX to rise, US stocks rally as path to rate cut widens
Australian shares are set to open higher. The S&P 500 advanced after jobs data and Fed minutes cemented a pivot to rate cuts in September.
- Timothy Moore
Yesterday
ASX rises as miners, Charter Hall help
Shares gain; lower LNG prices hit Santos; new chiefs at Perpetual & Atlas; Superloop & PEXA narrow losses; gold bar breaks above $US1 million. Follow updates here.
- Timothy Moore, Cecile Lefort, Alex Gluyas, Joshua Peach, Joanne Tran and Sarah Jones
Investors warn election pledges are delaying RBA rate cuts
There are fears that Queensland will launch a wave of fresh spending to woo voters ahead of its election which will add to the RBA’s inflation headache.
- Cecile Lefort
Why now’s not the time to jump back into BHP
Australia’s mining giants’ share prices have fallen more than 20 per cent this year, but Morningstar says they are still yet to reflect the risk from China.
- Alex Gluyas
Perpetual’s new CEO; Domino’s boss scrambles; Coffee boosts Breville
Read everything that’s happened in the news so far today.
ASX to slip as Wall St’s rally runs out of steam
Australian shares are set to open down. S&P 500 modestly lower after eight-day advance. Gold resets record. Copper steadies.
- Timothy Moore
This Month
ASX in IPO pipeline fever-dream
The market operator’s listings executives keep pushing back the arrival of the promised land.
- Mark Di Stefano
Aussie dollar’s rebound brushes off China woes
The $A has staged a powerful recovery from the market rout to climb above US67¢ despite the collapse in iron ore prices. Strategists expect the rally to keep going.
- Alex Gluyas
ASX tallies eight-session winning streak; Yancoal, Dexus sink
Australian shares briefly retake 8000 points. Ansell cuts dividend. Reliance Worldwide and Monadelphous rally.
- Timothy Moore, Joshua Peach, Sarah Jones, Joanne Tran, Cecile Lefort and Alex Gluyas
ASX retakes 8000; Dexus posts $1.5b loss; Superyacht tragedy
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
‘People need a rate cut’: Here’s the big story of profit season
The pressure of higher-for-longer rates is the thread running through profit season. But the pain is far from over, even if the ASX 200 doesn’t believe it.
- James Thomson
Why Chris Kourtis just sold BHP and bought Fortescue
Investors and analysts are starting to warm to the longtime ASX pariah, despite the slumping iron ore price.
- Joshua Peach
- Opinion
- Chanticleer
China’s growth nightmare just washed up on the ASX
From BlueScope Steel to A2 Milk, China’s massive economic problems are starting to weigh on ASX earnings. And there are no easy fixes.
- James Thomson
ASX to rise, Wall Street extends winning streak
Australian shares are set to open higher. US shares rose for an eighth session amid expectations the Fed is poised to pivot to rate cuts. Oil slumps.
- Timothy Moore
Investors are buying up gold stocks before the first US rate cut
The precious metal is the standout commodity this year, jumping 21 per cent to fresh records on expectations that the US dollar will weaken. It has also lit a fire under ASX-listed producers.
- Cecile Lefort
The ASX stocks that could still shock this reporting season
Here are the winners and losers so far as earnings month hits half-time. And UBS reveals the companies that could rally or sell off in the second stanza.
- Alex Gluyas
Lendlease’s $1.5b loss; Ex-Young Rich Lister grilled; Market craziness
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
The market sell-off was crazy, but so is what’s happened since
The biggest market panic since the pandemic seems to have come and gone. But don’t believe the calm – this is a fragile market.
- James Thomson
ASX edges up; a2 Milk plunges 19pc; Westpac rallies
Shares swung between losses and gains; Westpac posts $1.8 billion in unaudited net profit; Lendlease swings to $1.5 billion loss; a2 Milk says market conditions in China remain challenging. Follow here for more.
- Andrew Hobbs, Joanne Tran, Cecile Lefort, Alex Gluyas, Joshua Peach and Sarah Jones
The stocks that helped catapult ECP to the top of the pile
Fund management veteran Manny Pohl isn’t afraid to tackle short sellers head-on, and his fortitude is paying dividends for the firm that he helped found.
- Alex Gluyas
