Today
ASX set for muted open, Nvidia takes market-cap title
Australian shares are set to start the day little changed. Nvidia extended its rally, while Microsoft and Apple pulled back. US consumers slow down.
- 25 mins ago
- Timothy Moore
Yesterday
Bargain hunters eye brutal metals correction
Copper, aluminium and nickel prices have slumped more than 10 per cent from their May highs, creating a good entry point for investors to step back in, according to strategists.
- Updated
- Alex Gluyas
Why Regal’s Phil King is shorting CBA
The Regal Partners investment chief has made the so-called “widowmaker” trade in betting against the nation’s largest bank.
- Joshua Peach
NSW budget winners; Bitcoin ETFs arrive in Oz; 15 ASX stock picks
Read everything that’s happened in the news so far today.
- Opinion
- IPO
What past IPO disasters tell us about Guzman y Gomez’s $2.2b float
The Mexican fast-food chain float has split opinions among Sydney’s investing community, and revealed the deep scars inflicted by failed floats of the past.
- Jonathan Shapiro
The bitcoin ETF wave has arrived in Australia
VanEck is launching a cut-price bitcoin ETF as investors eye cryptocurrency and gold as hedges against geopolitical risk.
- Tom Richardson
- Opinion
- Chanticleer
15 ASX stocks that can win from a new capex ‘supercycle’
The twin peaks of population growth and Baby Boomer spending have insulated sharemarket investors against rate hikes. Now a new tailwind is emerging.
- James Thomson
Why markets like to see new political faces
Whether a government is weak or strong, left or right, doesn’t seem to matter much for economies, but new leaders are associated with higher growth and returns.
- Ruchir Sharma
ASX rallies 1pc as RBA leaves rates on hold; Fortescue drops over 5pc
Shares advance; Reserve Bank leaves cash rate unchanged at 4.35 per cent; CBA powers higher; Fortescue Metals slumps after $1.1 billion block trade. Follow here for more updates.
- Timothy Moore, Joanne Tran, Cecile Lefort, Joshua Peach, Alex Gluyas and Sarah Jones
ASX to rise, Tesla and Apple pace techs higher
Australian shares are set to open up with the RBA’s policy decision in focus. Nasdaq leads Wall Street advance. S&P 500 has 30th record close of 2024.
- Updated
- Timothy Moore
This Month
ASX drops as China weighs, NAB hits 9-year high
Shares fall; Tapcorp taps AFL’s McLachlan as new chief; Bapcor secures $400m in debt; China steel output jumps; oil prices slip. Follow updates here.
- Updated
- Cecile Lefort, Alex Gluyas, Joshua Peach, Joanne Tran, Tom Richardson and Sarah Jones
Aqui vamos! One last chomp at Guzman y Gomez before trading starts
The $200 million cash proceeds of the float are being applied to boost the income that Guzman y Gomez will be making post listing.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Why investors should care about the Biden-Trump debate
Global markets have been rocked by shock voting in India, Mexico and France, but next week’s first US presidential debate is tipped to exacerbate that turbulence.
- Alex Gluyas
PM starts China talks; Tabcorp’s risky CEO bet; WFH secures $1.8m sale
Read everything that’s happened in the news so far today.
- Updated
This macro master doesn’t come with tales of impending doom
Raoul Pal wears the scars of both bull and bear market cycles. But he’s found contentment in embracing, rather than fighting, the system.
- Jonathan Shapiro
ASX to fall, traders tip RBA to keep rates on hold all year
Australian shares are set for a weak start this week ahead of the central bank’s meeting. Some economists even say the chance of a rate rise is underpriced.
- Cecile Lefort
Wall St slips as French political crisis deepens
The S&P 500 was modestly lower in afternoon trading. European shares fell further amid a resurgent far-right. Bitcoin drops.
- Updated
- Timothy Moore
ASX greenlights first bitcoin ETF in landmark listing
VanEck’s bitcoin ETF is expected to list next week, marking the first direct exposure to the emerging asset class on Australia’s primary exchange.
- Joshua Peach
- Opinion
- Investing
Get ready for a riskier world
The causes and effects of geopolitical risk events are complex and multi-faceted. Events can take many years to develop and are almost impossible to predict.
- Raphael Arndt
Rare earths hopeful Resouro surges on ASX debut
Shares in the Regal-backed company soared nearly 40 per cent, as investors took advantage of its lower offer price compared to its Canadian listing.
- Alex Gluyas
