Yesterday
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
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
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
This Month
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.
- Updated
- Timothy Moore, Cecile Lefort, Alex Gluyas, Joshua Peach, Joanne Tran and Sarah Jones
Millennial Zac dumps home ownership dream for ETFs
Zac Shparberg, 30, says he has no hope of owning a property in the city he grew up in. So, he’s embraced a different wealth creation plan that experts say could work.
- Tom Richardson
ASX tallies eight-session winning streak; Yancoal, Dexus sink
Australian shares briefly retake 8000 points. Ansell cuts dividend. Reliance Worldwide and Monadelphous rally.
- Updated
- Timothy Moore, Joshua Peach, Sarah Jones, Joanne Tran, Cecile Lefort and Alex Gluyas
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.
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
ASX to slip as investors wait for more signs of economic resilience
Investors will have a clearer picture of consumer sentiment as a string major retailers and discretionary brands report their results.
- Joanne Tran
- Opinion
- Opinion
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.
- Jonathan Shapiro
- Opinion
- Private equity
After the rout, this area of the market is ripe for making money
As the Federal Reserve prepares to start cutting interest rates, there are two questions to be asked when making your next investment bet, particularly following this month’s turmoil.
- Katrina King
Wall Street smashes records to post best week this year
Equities extended their advance into a seventh straight session, with the S&P 500 seeing its best performance in such a span since October 2022.
- Rita Nazareth
Consumer resilience surprises market as retailers thump profit season
The majority of stocks upgrading fiscal 2025 guidance so far are retailers, as investors turn more positive on the market’s most problematic sector.
- Joanne Tran and Alex Gluyas
A red alert and 100 defects: Inside ASIC’s case against the ASX
It was the upgrade to the settlement and clearing system that would have made the Australian stock exchange a global leader. It did not turn out that way.
- Updated
- James Eyers
GQG’s pivot away from tech stocks pays dividends
The firm attracted $16.8 billion of inflows in the first half, lifting funds under management to record levels as its funds extended their outperformance.
- Alex Gluyas
Miners boost shares; NAB gains, ASX Ltd falls on profit report
Shares add 1.3pc head for six straight sessions of gains. RBA hoses down rate cut hopes. NAB posts flat profit, warns on bad debts. ASX flags record revenue. Follow here.
- Updated
- Andrew Hobbs, Joshua Peach, Joanne Tran, Cecile Lefort, Tom Richardson and Sarah Jones
ASX to rise for a sixth day as US retail data ignites global rally
The Wall Street benchmarks closed just 2.2 per cent short of a record after reports showing unexpected resilience in the US economy.
- Updated
- Andrew Hobbs
Two hot stock picks flying under the radar of most investors
Firetrail’s small-cap manager Matthew Fist explains why one business is set to triple in size, and reveals another with a “mouth-watering” dividend yield.
- Joanne Tran
