Today
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.
ASX hits February high, CBA resets record; IDP shares wipe 48pc
Sharemarket posts best day since May 2; CBA tops $178 a share; IDP launches cost, profitability review as placements plunge; $A retreats. Follow live.
US dollar slide threatens super fund returns
The rising Aussie against the greenback is forcing Australia’s biggest investors to increase protection of overseas assets.
Nine ASX stock picks that Morningstar tips are ripe for a rally
The research house has shared its latest sharemarket bets with clients which include some of this year’s most heavily sold off stocks.
Can the Murray cod finally hook Australia an aquaculture giant?
It’s a fish that can be found on the menu of white tablecloth diners. But shrinking supply of premium species is a big opportunity for this ASX-listed company.
6 ways to gain from your investment biases
Deep-seated biases can lead even the savviest investors astray. Here are some to tackle.
Yesterday
‘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.
ASX retreats, US-China tensions sizzle; Brickworks surges 27pc
Shares retreat, steel tariffs boost BlueScope; Opthea’s director exodus; Soul Patts, Brickworks to merge; oil up 2pc; iron ore hits one-month low. Follow live.
Investors bet on bitcoin over gold in Trump’s trade war
A massive $87.3 million flowed into Australia bitcoin ETFs last month, almost 60 times what was spent on gold-backed funds.
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What was a good idea in 1969 now looks unnecessary and outdated.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.
Betashares to expand into private credit after ETFs hit $50b
The exchange-traded funds giant, backed by Singapore’s Temasek and Boston-based TA Associates, sees a big opportunity at the polar ends of the market.
This Month
Di Pilla’s HMC Capital does about-face on plans for PE-focused fund
The $18.5 billion asset manager has decided not to close its flagship unlisted vehicle, and increase the threshold for performance fees, after investor feedback.
Anxious wait for ASIC’s private markets, IPO shake-up
The regulator should clarify its policy positions this year, rather than letting the talkfest drag on. Some clues should emerge this week.
ASX to rise despite US recession fears growing
Jobs figures will be the first in a series of data points that will show how the world’s largest economy has reacted to President Donald Trump’s tariffs.
The epic Chemist Warehouse share sale was one for the ages
A momentous transfer of wealth from local chemists to global index funds has just taken place. But who’s getting a bargain?
May
S&P 500 ends flat after Trump renews, tempers China tariff rhetoric
US equities ended little changed, off their session lows, after the president said he’s hoping to resolve a trade dispute with a phone call with Xi Jiniping.
Lithium rout intensifies as UBS urges clients to sell
The broker downgraded Pilbara Minerals, IGO and Liontown to a “sell” rating on Friday after cut its price forecasts on the battery material.
ASX notches second monthly gain; Di Pilla’s HealthCo surges
Shares rise; UBS downgrades lithium stocks; Catapult leaps; retail sales slump, traders see three RBA rate cuts; HealthCo defers Healthscope rent; oil drops.
Big super mergers create havoc for fundies as mandates get yanked
It’s clear the days of investment managers raking in easy money ended long ago. And some of the best-known firms are getting hit hardest as demand dries up.