Today
- Live
- Markets Live
ASX to rally, Santos has two potential bidders: report says
ASX futures add 0.9pc. Nvidia, Tesla pace S&P 500 and Nasdaq to record closing highs. BHP, Rio rally in New York. Gold, oil climb. Follow here.
- 53 mins ago
- Timothy Moore, Tom Richardson, Alex Gluyas, Joanne Tran and Joshua Peach
Yesterday
Investors pour billions into AI start-ups, defying a downturn
The AI boom that started in late 2022 has become the strongest counterpoint to the broader downturn in technology funding.
- Erin Griffith
- Analysis
- Sharemarket
Ackman’s huge new fund offers zero fees, with a catch
The hedge fund king known for monster returns is set to market up to $US26 billion worth of shares to retail investors with zero fees for 12 months.
- Tom Richardson
Three ASX stocks to ride out the retail rebound
As retail sales data tops market expectations, Morningstar says some beaten-up retailer stocks may be ripe for a recovery.
- Joshua Peach
ASX rises as miners rally; Liontown drops 5pc
Shares advance at the closing bell; retail sales increased 0.6 per cent; Woodside trumps Santos in RBC’s global energy picks; Powell bolsters case for rate cuts. Follow updates here.
- Timothy Moore, Joanne Tran, Joshua Peach, Alex Gluyas and Sarah Jones
This Month
- Exclusive
- Private equity
Blackstone, ANZ join forces to target rich families in volatile world
The pair launched a new fund that puts a higher price on alternatives in today’s more “volatile” investment landscape.
- Aaron Weinman
More pain tipped for lithium stocks as rout takes hold
Brokers are warning that the nose dive in lithium prices is far from over, spelling more trouble for the ASX’s worst-performing mining companies.
- Alex Gluyas
ASX slips as rate worries weigh; Liontown, Woodside rally
Australian shares open modestly lower, led by banks and health stocks. Nasdaq leads US benchmarks higher. Liontown halts shares. Follow updates here.
- Updated
- Timothy Moore, Joshua Peach, Alex Gluyas, Sarah Jones and Joanne Tran
- Opinion
- Opinion
The best way to invest an inheritance
Buy shares with the lot or “drip-feed” into the market over a period of time? This is how the numbers stack up.
- Duncan Burns
Investors hunt for diamonds among ASX dogs
With the new financial year kicking off, funds are busy hunting through the sharemarket’s bargain bin for oversold names, betting on a rebound.
- Joshua Peach
Rising interest rates are bad news for bank stocks
Another cash rate increase would do more damage to arrears than it would help net interest margins, according to Morgan Stanley.
- James Eyers
Shares to rally as profits grow at fastest clip in three years
Analysts have set the bar high for the second-quarter reporting season on Wall Street, with US companies tipped to post the fastest quarterly earnings growth since 2021.
- Alex Gluyas
- Opinion
- Opinion
Why you should vote at the ballot box and not with your portfolio
Election uncertainty increases volatility, but investors should be cautious about over or underestimating the impact of political change.
- Andrew McAuley
- Exclusive
- Venture capital
Frazis unveils venture capital fund, makes first investments
The Gen Y tech investor has nabbed stakes in a dozen start-ups in tech, health and e-commerce, thanks to $10 million raised from wealthy investors.
- Tom Richardson
ASX falls; Coronado, Whitehaven jump; WiseTech drops
Shares dip; coal stocks jump; Euro gains as Le Pen’s party set for smaller victory than feared; Lendlease rallies after selling US military housing business for $480 million. Follow updates here.
- Timothy Moore, Joanne Tran, Joshua Peach, Alex Gluyas and Sarah Jones
- Opinion
- Opinion
UniSuper’s John Pearce has a warning for this financial year
Super funds and portfolio managers have ruled off on a year that was powered by super stocks. As another begins, they’re looking for the obvious trades.
- Jonathan Shapiro
- Investigation
- Investment banking
‘Marking their own homework’: Inside Australia’s $200b unregulated private credit boom
Credit products are being launched a mile-a-minute, promising plenty of returns buoyed by high rates. But behind the euphoria, there’s plenty of disquiet.
- Aaron Weinman and Jonathan Shapiro
GQG slashes tech exposure, here’s where it’s buying next
Brian Kersmanc was the first analyst that star stockpicker Rajiv Jain hired for his new firm. He’s now co-managing all of GQG’s strategies which are pumping out near-40 per cent returns.
- Alex Gluyas
June
High-speed traders, short sellers face Asia crackdown
Regulators are tightening the screws on hedge funds as stocks slump in an apparent attempt to stabilise markets. Not everyone is convinced.
- Winnie Hsu, John Cheng and Youkyung Lee
The five best-performing stocks this financial year
A healthcare software developer has narrowly beat a family monitoring app to be the top-performing stock in 12 months.
- Joshua Peach