Today
Why Bain’s Virgin can cross the public-private markets divide
It is ironic that Virgin launched its listing on the same day ASIC released 50 submissions into its public-private markets review.
CBA at $300b may not be a sign of a healthy ASX
Fund manager Martin Currie argues the combination of huge passive buying and low turnover in Commonwealth Bank shares points to unhealthy signs in Australia’s sharemarket.
The not-so-secret key to Virgin’s IPO? Qantas
Conditions are perfect for the listing with Qantas shares surging, oil prices down and domestic demand as strong as ever. But are we near the top of the cycle?
What to tell your kids about how to prepare for AI
We asked six leaders for their advice to teenagers about the unfolding AI revolution. Their answers may surprise you.
Yesterday
Making money from AI is more than new ideas and Nvidia
Hot stocks and spruikers are just a small part of the much wider artificial intelligence story.
Matt Comyn fears AI could make us the ‘left behind country’
The Commonwealth Bank boss doesn’t subscribe to AI doomsday scenarios but says we still need to ask: what if they’re right?
IDP Education’s 48pc free fall is about much more than horror earnings
It’s not often you see a share price halve on an earnings downgrade. Here’s what’s happening at the student testing group.
Loving the TACO trade? Beware Trump’s 7 negotiating tactics
If we get another dose of the liberation day volatility – even a fraction of it – then investors’ complacency could be exposed.
This Month
This is what the Soul Patts deal is really about
There’s plenty of history in Soul Patts’ merger with Brickworks, but at the heart of the deal is a $2 billion prize that completes Soul Patts’ portfolio.
‘IPO window definitely open’ says CEO who secured a $250m listing
A $250 million business coming to market will not solve listed investors’ “shrinking ASX” problem, but it shows there is a market for new ideas.
This chart shows bank rules are making the housing crisis worse
Lending by banks to property development has plunged since 2008, exacerbating pressure on housing supply. Is it time for a rethink of the banking sector’s regulatory settings?
Soul Patts’ $14b tie-up calls time on a 56-year-old good idea
What was a good idea in 1969 now looks unnecessary and outdated. It’s time to pull Soul Patts and Brickworks together.
Dimon calls a crack in bonds. But does an even bigger bubble loom?
A flip to lower tariffs, taxes and interest rates could make investors shift back into stocks related to the artificial intelligence boom.
The Webjet plan that sparked a fight with big egos and big money
When a company’s five-year plan is more attractive to suitors than investors, the conditions are set for a delicious takeover battle. Webjet is one to watch.
May
AI could kill WFH and send unemployment to 20pc. Are you really ready?
The artificial intelligence revolution is coming far faster than top CEOs previously thought. They, policymakers, workers and investors need to move urgently.
‘I don’t take it personally’: Metrics raises amid private credit scrutiny
Andrew Lockhart understands the spotlight his firm and his sector are under, but says private credit demand remains strong.
These firms will be the next targets, according to JPMorgan’s M&A boss
The global head of advisory at the US investment bank says we should expect to see more North American bidders knocking on doors.
Court’s tariff block a handbrake on Trump with 3 implications for markets
The blunting of the US president’s agenda means the tailwind of fiscal stimulus remains in place.
Nvidia is banking on a big shift in AI. That’s not good for your job
The chipmaker’s numbers are breathtakingly good. But to justify its customers’ huge spending, artificial intelligence must start killing careers.
Inflation miss is a reminder the RBA won’t save this economy
Our obsession with the next move in rates is understandable, but we can’t rely on the Reserve Bank to fix everything.