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Investing

Today

Local shares are set to open higher. BHP and Rio rallied in New York, taking direction from iron ore.

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

X owner Elon Musk.

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
Bill Ackman says the market has lost faith in the Federal Reserve’s ability to control inflation.

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
Retail sales jumped unexpectedly in May.

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
Local shares are set to open higher, with retail sales data pending.

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
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This Month

Lakshman Anantakrishnan, ANZ Private’s chief investment officer, has rolled out another product for its wealthy clients. This time, it is in partnership with Blackstone for a tilt at alternative investments.

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
Pilbara Minerals in Western Australia is the most-shorted stock on the ASX.

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
The ASX 200 is set to open lower.

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
AFR

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
From lithium to Healius, investors are backing some of the ASX’s worst-performing stocks.

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
National Australia Bank has been growing mortgages the slowest of the majors, with annualised growth of just 0.5 per cent.

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
Nvidia founder Jensen Huang: Analysts have set a high bar for US corporate profits which is expected to be largely driven by big tech.

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
Donald Trump’s economic policy preferences are surely dangerous in current circumstances.

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
Joshua Suntup, the founder of NDIS software start-up Caresquare, and investor Michael Frazis.

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
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UniSuper chief investment officer John Pearce thinks central banks should leave interest rates where they are for now.

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
Private credit structures can be very opaque. But high returns have been attracting investors all year.

‘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
Brian Kersmanc pictured at GQG’s headquarters in Fort Lauderdale, Florida last week.

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

A short-selling ban in South Korea has hurt the country’s attempts to win an upgrade from MSCI.

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
Pro Medicus overtook Life360 during trading on Friday to become the best performing ASX stock in the last financial year.

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

Original URL: https://www.afr.com/topic/investing-1st