Today
ASX to fall, S&P 500 edges higher despite Nvidia drag
Australian shares are set to slip with results pending from Star, Endeavour and Harvey Norman. The dollar dropped, bitcoin steadied. Follow updates here.
Yesterday
ASX lifts, Qantas up 5pc, brings back dividend; Perpetual slumps
Shares higher; Coles, Qantas jump; Perpetual down 9pc; Ramsay brings in Goldman; Nvidia tops forecasts; Nissan-Honda deal collapses; bitcoin nears $US85,000.
Three charts reveal how MinRes’ Ellison is feeling the market’s wrath
The former sharemarket darling is now the ASX’s most shorted stock amid mounting concerns about its ability to repay its debts.
Nvidia boss touts ‘amazing’ demand, but still didn’t move markets
Strong earnings beat most analysts’ expectations, yet the chipmaker’s shares traded flat afterwards. However, Jensen Huang’s future tale is still compelling.
This Month
Miners drag on ASX, Woolworths slips 4pc; Platinum tumbles
Shares close lower; Woolworths profit drops 20pc; White ‘here for the long haul’ at WiseTech; Light & Wonder profit jumps; bitcoin below $US90,000.
The biggest pain trade isn’t the magnificent seven correction
While sentiment around the all-conquering US sharemarket appears to be shifting, gains in another big market have investors feeling uncomfortable.
The ASX really is shrinking but it’s not unprecedented, research finds
As part of its assessment of the growth of private markets, the corporate regulator asked academics for their definitive take on the stock exchange’s vitality.
War stocks rocket as markets prepare for ‘defence supercycle’
ASX-listed defence ETFs have exploded more than 50 per cent higher over the past year, causing investors to scramble for exposure to the booming sector.
ASX retreats, Domino’s slumps 11pc; CBA, NAB drop
Shares close lower; NRW’s Whyalla update; WiseTech upgraded; Domino’s sinks 7pc; Viva lowers full-year payout, shares drop 26pc; Woodside doubles profit.
Why alarm bells are ringing for the sharemarket
A study of technical indicators suggest equities in both the US and Australia may be on the cusp of a correction – a lot depends on Nvidia.
ASX investors start to look offshore as banks, miners disappoint
One of Australia’s largest investors says there are better opportunities in the UK and Europe than in Australia and the US, citing unjustifiable valuations.
Traders are lining up hedges before pivotal Nvidia earnings
Investors brace for more volatility with the chipmaker’s results pegged as the first in a whirlwind of events that could send the market into conniptions.
These ASX laggards should benefit from RBA rate cuts
While lower borrowing costs have already been factored into some parts of the sharemarket, other areas are primed for a rally, says Bell Potter.
ASX sell-off to intensify as bank stocks wilt under earnings pressure
Futures point to another steep drop for the sharemarket on Monday, extending the savage reversal last week fuelled by a sell-off in bank shares.
S&P 500 drops as Trump 2.0 hits business, consumer optimism
US equities fell sharply, as did bond yields, as investors repositioned for slower growth. Report of a new health threat from China also hit sentiment.
Banks push ASX to five-week low; Domain soars 40pc
Shares lower as CBA drops 2pc; ACCC mulls penalties for Telstra; Barrenjoey upgrades MinRes; $A lingers near US64¢; Domain, Nine leap on CoStar bid, REA slumps.
ASX closes at one-month low, CBA down 2pc; Megaport rallies
Shares closer lower; new jobs hit 44,000, topping forecasts; Megaport soars 19pc; banks slump; Magellan down 10pc; Fortescue, Rio cut dividend.
Why the market has missed a trick for this weight loss drug
Northcape Capital’s Wendy Herringer isn’t deterred by the 40 per cent crash in Novo Nordisk and is all in on a waste disposal company.
ASX drops as bank sell-off rumbles on; MinRes slumps 20pc
Shares close lower; BSP profit leaps; wage growth slows; NAB down 6pc, MinRes posts $800m loss; Ebos gets new chief exec; Santos slashes dividend.
This $6.5 trillion investor is looking beyond Australian stocks
UBS, the world’s largest wealth manager, is instead betting on China and the blistering technology rally that it says has much further to run.