Today
ASX to stall, S&P 500 finishes near flat on weak data
Shares to open flat; US services sector contracts, driving bond yields lower; Catapult’s $28m buy; Bank of Canada holds rates; oil, iron ore drop. Follow live.
Yesterday
Investors cash in as CBA soars past $300b but distortion fears grow
The bank’s relentless share price rise has seen its value soar well above the second-largest stock, BHP, despite brokers broadly considering it overpriced.
ASX on brink of record as CBA tops $181; Paladin up 9pc
Shares rise, CBA tops $300b; suitor looks to terminate Mayne Pharma buyout; uranium stocks rally; President Xi ‘very tough’ to deal with, Trump says.
CBA at $300b may not be a sign of a healthy ASX
Fund manager Martin Currie argues the combination of huge passive buying and low turnover in Commonwealth Bank shares points to unhealthy signs in Australia’s sharemarket.
Ex-journo admits moonlighting for gold minnow on market gossip site
Walkley Award-winner Ross Dunkley has been using an anonymous double act online to beat the drum for his employer, Auric Mining, on day-trading forum HotCopper.
‘What a month’: Small-cap funds make history in May
As the ASX eyes a fresh all-time high, some of Australia’s top investors have enjoyed double-digit returns, often thanks to a small handful of stocks.
Nvidia’s $1.5 trillion rally has traders primed for more
“It’s time to ramp back up your ownership” of the AI poster child, one portfolio manager says, even after a 45 per cent surge from its April low.
Fix the shrinking ASX before private markets, brokers urge ASIC
The corporate regulator is mulling feedback from almost 90 submissions on its review into Australia’s capital exchange.
Why European stocks deserve a place in your 60/40 portfolio
Investing can be a rough ride but analysis of 30 years of data shows the 60/40 portfolio is still the best option – with a few tweaks.
This Month
ASX hits February high, CBA resets record; IDP shares wipe 48pc
Sharemarket posts best day since May 2; CBA tops $178 a share; IDP launches cost, profitability review as placements plunge; $A retreats. Follow live.
Nine ASX stock picks that Morningstar tips are ripe for a rally
The research house has shared its latest sharemarket bets with clients which include some of this year’s most heavily sold off stocks.
Minimum wage to rise; ‘Fix Swiss cheese AI rules’; TACO trade danger
Read everything that’s happened in the news so far today.
6 ways to gain from your investment biases
Deep-seated biases can lead even the savviest investors astray. Here are some to tackle.
Loving the TACO trade? Beware Trump’s 7 negotiating tactics
If we get another dose of the liberation day volatility – even a fraction of it – then investors’ complacency could be exposed.
ASX retreats, US-China tensions sizzle; Brickworks surges 27pc
Shares retreat, steel tariffs boost BlueScope; Opthea’s director exodus; Soul Patts, Brickworks to merge; oil up 2pc; iron ore hits one-month low. Follow live.
US urges $40b defence spend; Soul Patts’ $14b tie-up; Big bubble looms
Read everything that’s happened in the news so far today.
Dimon calls a crack in bonds. But does an even bigger bubble loom?
A flip to lower tariffs, taxes and interest rates could make investors shift back into stocks related to the artificial intelligence boom.
Di Pilla’s HMC Capital does about-face on plans for PE-focused fund
The $18.5 billion asset manager has decided not to close its flagship unlisted vehicle, and increase the threshold for performance fees, after investor feedback.
ASX to rise despite US recession fears growing
Jobs figures will be the first in a series of data points that will show how the world’s largest economy has reacted to President Donald Trump’s tariffs.
The epic Chemist Warehouse share sale was one for the ages
A momentous transfer of wealth from local chemists to global index funds has just taken place. But who’s getting a bargain?