Today
ASX to slump 1.1pc as traders fear Trump’s trade tariff black box
The S&P/ASX 200 Index is expected to drop 91 points at the start of trade, mirroring a sell-off on Wall Street ahead of new trade restrictions this week.
This fundie shorted WiseTech and Tesla while loading up on war stocks
Betting against Richard White and Elon Musk while going long on defence companies are among this year’s hottest trades. Minotaur’s Tom Rice did it all.
Yesterday
Wall St tumbles on tariff worries, anxious consumers
The S&P 500 shed 2 per cent in a broad sell-off with a key megacap tech index hammered anew. Gold reset its record high as Trump’s Liberation Day looms.
This Month
ASX faces ASIC, RBA blowtorch over December settlement outage
The country’s sharemarket operator faces an external investigation and stricter oversight as early as Monday.
ASX edges up in volatile trade; French regulator probes Orora
Shares close higher in volatile session; Paladin upgraded; French regulators probe Orora; Virgin-Qatar deal gets green light; tech slumps, gold resets record.
You don’t need a family office to buy shares in unicorns
For as little as $8000, investors can buy stock in unlisted tech superstars like Airwallex on a market that, at first glance, looks and feels a lot like a public market. Is Canva next?
As defence stocks rocket fund managers rethink ethics
Amid a global ramp-up in security spending bolstered by Donald Trump, fear of missing out is prompting some of the biggest fundies to reconsider war shares.
Rumourtrage aplenty at Bellevue Gold
Gold prices are booming, but one outlier can’t seem to manage its own message.
ASX snaps winning streak; The Reject Shop rockets 110pc
Shares lower after tech slump; Regal drops as Opthea fears mount; Dollarama snaps up The Reject Shop; auto tariffs in motion; oil climbs.
MinRes facing Qantas-like negative hysteria, says L1’s Landau
Mark Landau has rejected suggestions that the indebted miner will be forced into an equity raising and has used the share price collapse to build up a stake.
Going global? Here’s one Mexican stock tip that could pay off
Aikya’s Rahul Desai names a Mexican retailer that is flying under the radar, explains why he is sticking with Chinese stocks after the surge, but is weary of South Korea.
Used car refurbisher and dealer Carma hopes to break the IPO drought
Should it proceed with an initial public offering, it would counter a trend of venture-backed companies delaying listings for years or even indefinitely.
Bitcoin relief rally at risk of ‘bull trap’ as uncertainty weighs
The world’s largest cryptocurrency climbed to a two-week high on Monday, but a lack of momentum and low volumes has some pundits concerned.
Copper hits record as Trump tariffs wrong-foot traders
Reports that Trump could impose tariffs on the metal within weeks has intensified the rush to ship it into the US, lighting a fire under ASX-listed mining companies.
ASX rises; banks, miners rally; Trump eyes copper tariff within weeks
ASX rises, CBA, BHP up 1pc; copper import tariffs look imminent; Vulcan Energy soars; Bellevue considers guidance downgrade; TPG fined $75,000.
Inflation slows; PM aims to wedge Dutton; Worrying US data
Read everything that’s happened in the news so far today.
US consumers are freaking out. Australian investors should worry
Donald Trump’s tariffs have smashed confidence at the same time as household wealth has taken a whack from falling shares. April 2 looms larger by the day.
Super funds ‘stomach the volatility’ until equities rebound
Hostplus CIO Sam Sicilia is preparing for a sharp bounce in equity markets, while AustralianSuper’s Mark Delaney hasn’t touched his portfolio.
ASX rises as tech rallies; James Hardie shares at 21-month low
Shares rise; Trump teases tariff “breaks”; James Hardie sheds further 5pc; Cathie Wood sticks by Tesla; Gold Road soars 15pc; Macquarie upgrades Helia.
Regal’s listed funds slash value of biotech Opthea by two-thirds
The hedge fund run by veteran stockpicker Phil King has told investors that the eye treatment play is worth 20¢ per share. It is the company’s largest investor.