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ASX a sea of red; Star nears collapse; Profit season’s shock

Read everything that’s happened in the news so far today.

Yesterday

Ellison fronted the media last week for the first time since October.

Three charts reveal how MinRes’ Ellison is feeling the market’s wrath

The former sharemarket darling is now the ASX’s most shorted stock amid mounting concerns about its ability to repay its debts.

Tim Zhao is portfolio manager of Lazard’s Australian equity strategies.

Why Lazard is tipping a turnaround in these ASX fast food stocks

Tim Zhao says the latest banks sell-off could be the start of a correction and expects struggling quick service restaurant operators to reverse their fortunes.

Leah Weckert, Coles

What we learnt: Coles is thumping Woolies. Does a price war loom?

It was a case of duopolies at war on Thursday, with Coles toppling Woolworths and Medibank Private revealing much better numbers than Ramsay Health Care.

AI stocks worth their weight in gold

Artificial intelligence (AI) stocks are hot property as investors look for opportunities to get in on the ground floor.

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Nathan Hood at his home in Sydney.

AI puts insto tools into retail investors’ hands

Bots such as ChatGPT can offer an instant boost to research capabilities – but need to be handled with care.

Chris Brycki, Stockspot founder and CEO.

Investors working on AI tools to find the next Nvidia

Super funds have been using AI to streamline processes and to generate better returns for members.

What should you invest your super in right now?

After big gains in the equity market last year, the chances are your assets need to be rebalanced.

This Month

Woolworths chief executive Amanda Bardwell is facing a crisis of confidence in the stock.

What we learnt: ‘Not investible’: Woolies risks crisis of confidence

Big cost cuts at Woolworths couldn’t turn investor sentiment around, Flight Centre loses altitude and Westfield owner Scentre eyes a housing play.

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Inflation holds steady; WiseTech shares rise; EY to cut 100 staff

Read everything that’s happened in the news so far today.

Lynas Rare Earths’ processing plant in Kalgoorlie. The miner is the biggest producer of rare earths outside China.

Lynas profit collapses as China keeps lid on rare earths prices

The development comes despite efforts by Western governments to broaden the global supply of critical minerals.

There is a market perception that Richard White, the founder and brains behind WiseTech’s business success, has won.

WiseTech must find new independent directors or risk ASX suspension

The fine print of the bourse’s corporate governance principles shows Richard White and the remaining board members are in a rather urgent pickle.

ASIC’s thinking about private equity, private credit and their disclosures to investors.

Private markets make a few rich, public markets have made more wealthy

The regulator’s attempts to understand, monitor and regulate Australia’s fast-growing private markets need to bolster what we’ve already got: fantastic public markets.

Equity markets may be on the cusp of a correction, but it all hinges on Nvidia and its CEO Jensen Huang

Why alarm bells are ringing for the sharemarket

A study of technical indicators suggest equities in both the US and Australia may be on the cusp of a correction – a lot depends on Nvidia.

Viva Energy, run by Scott Wyatt, is having a big year.

An inconvenient truth delivers profit season’s biggest beating

Who said the ASX was full of boring industrial companies? Tuesday’s moves suggested anything but.

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Trump-Macron bromance; Musk rattles markets; Frequent flyer changes

Read everything that’s happened in the news so far today.

ASX investors start to look offshore as banks, miners disappoint

One of Australia’s largest investors says there are better opportunities in the UK and Europe than in Australia and the US, citing unjustifiable valuations.

The risk/reward trade-off on equity markets is very poor right now, with the equity risk premiums near historic lows.

What we learnt: Behind the massive share price moves on manic Monday

Investors were brutal in their earnings assessments, leaving nowhere for the disappointers to hide.

Bell Potter is most bullish on residential developers due to their higher leverage to rate cuts.

These ASX laggards should benefit from RBA rate cuts

While lower borrowing costs have already been factored into some parts of the sharemarket, other areas are primed for a rally, says Bell Potter.

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WiseTech directors quit; Perpetual snubs KKR bid; Fly private for $3k

Read everything that’s happened in the news so far today.

Original URL: https://www.afr.com/topic/australian-shares-5uq