Today
- Live
- Markets Live
ASX to rally, Santos has two potential bidders: report says
Australian shares are set to rise 0.9pc. Nvidia, Tesla pace S&P 500 and Nasdaq to record closing highs. BHP, Rio rally in New York. Follow updates here.
- 8 mins ago
- Timothy Moore
Retail super funds ride tech boom to outperform industry rivals
Two of Australia’s largest retail superannuation funds delivered 11-plus per cent returns as they benefited from soaring sharemarkets.
- Hannah Wootton
JPMorgan’s Kolanovic to exit amid string of poor stock calls
The Wall Street firm’s chief global market strategist and co-head of global research, is leaving the bank, according to an internal memo obtained by Bloomberg.
- Alexandra Semenova
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
- Investing
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
Investors dodge the ASX as a rate rise looms
Australia’s sharemarket is falling further behind its global peers as the risk of a rate rise threatens earnings and performance.
- Alex Gluyas
Industry super giant lags rivals with 8.5pc return
Defensive positioning against equities stung AustralianSuper early in 2023-24, but growing its exposure to soaring technology stocks helped it recover.
- Hannah Wootton
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
HESTA returns 9.1pc, looks for domestic opportunities
Soaring global equity markets drove the industry super fund’s high returns, but its investment team believes local markets will be more fairly valued going forward.
- Hannah Wootton
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
What to do if you have big wins in your share portfolio
It’s easier to manage concentration risk if you hold direct shares, but not so simple if you’re an ETF investor.
- Tim Mackay
- Opinion
- Investing
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
European stocks rise after first round of French vote
France’s blue-chip CAC 40 index jumped 1.1 per cent to lead gains among regional markets. The European banking index had its best day in more than a year.
- Sruthi Shankar and Jesus Calero
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
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
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
- Investing
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
Super giant seeks tech stock ‘second wave’ after delivering 11.3pc
Rising tech stocks helped land an 11.3 per cent return for Australian Retirement Trust superannuation members, but unlisted property was still a drag.
- Hannah Wootton