Markets

SANTA CLARA, CALIFORNIA - MAY 30: An exterior view of the NVIDIA headquarters on May 30, 2023 in Santa Clara, California. Chipmaker NVIDIA reached a $1 trillion market cap at the open bell of the NYSE on Tuesday morning. The company is forecasting second quarter sales of $11 billion, 50 percent higher than analyst estimates of $7.15 billion. Justin Sullivan/Getty Images/AFP (Photo by JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

‘Ignore the past’: How Howard Marks would size up Nvidia

For billionaire investor and Oaktree Capital co-founder there’s little point in calling out whether the sharemarket is in bubble territory.

Eric Johnston

ResultsCompanies

Investment dangers Double explosure with businesss charts and financial district of megapolis city

Rates ‘a catalyst for small cap outperformance’

Interest rates should provide the catalyst to broaden returns for small-cap stocks, says WAM Global as it delivered a fully franked final dividend of 6c per share.

Cliona O'Dowd

EXCLUSIVEBusiness

Australian Retirement Trust chief investment officer Ian Patrick.

Brace for a hard landing: Australian Retirement Trust

Recession is still a possibility, due to slowing economic growth and rising unemployment limiting the chance of a soft economic landing, says Australian Retirement Trust’s Ian Patrick.

Cliona O'Dowd

Trading DayTrading Day

SYDNEY, AUSTRALIA : NewsWire Photos- AUGUST 07 2024. A view of the digital boards at the Australian Stock Exchange at the ASX in Sydney with the US market causing havoc on the Australian Economy. Picture: NewsWire /Gaye Gerard

ASX 200 falls; GDP data shows sluggish economy; Cettire tanks

Australia stuck in ‘weak productivity, high cost malaise’. Sale of Orora Packaging Solutions to US group resets core focus. Cettire cops beating after founder’s $15.8m buy-in. Oil price plunge weighs on Woodside, Santos.

Valerina Changarathil and Joseph Carbone

commentaryCompanies

BRISBANE, AUSTRALIA - NewsWire Photos - JULY 15, 2024: The Star Brisbane has announced its pokie machines have been turned off after an issue with a systems upgrade done in preparation for cashless gaming.Picture: NewsWire / Glenn Campbell

Why three-way split could be final act for Star casino

Star’s board is trying to avoid the hidden rocks as the casino navigates safe harbour rules.

Eric Johnston

Trading DayTrading Day

Will a strong finish to the prior week on Wall Street buoy Australian stocks Monday?

ASX 200 rises as CBA hits record high; REA, miners fall

Bank and energy gains offset declines by iron ore and gold miners. REA falls on news it is considering a bid for Rightmove. The Star suspended from trading.

Joseph Carbone and Megan Neil

MarketsMarkets

SYDNEY, AUSTRALIA - NEWSWIRE Photos - September 14, 2022: A view of the Australian Stock Exchange in the CBD in Sydney after a drop in the market overnight. Picture: NCA Newswire/Gaye Gerard

Local bourse set to dip despite US gains

The Australian sharemarket is likely to start the week in the red as weaker commodity prices weigh on the mining and energy sectors.

Cliona O'Dowd

commentaryMarkets

NEW YORK, NEW YORK - JULY 19: People stand inside the Microsoft store on Fifth Avenue on July 19, 2024 in New York City. Businesses and transport worldwide were affected by a global technology outage that was attributed to a software update issued by CrowdStrike, a cybersecurity firm whose software is used by many industries around the world. Adam Gray/Getty Images/AFP (Photo by Adam Gray / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Look offshore for the best investment opportunities

Looking abroad for investment opportunities in international markets not only opens the door to a wider opportunity set but gives diversification benefits for investors.

Jack Coleman

INVESTINGWealth

Bunnings Warehouse Party Preston. A showcase of Australian music talent, with all money raised going to Support Act – a not-for-profit organisation that provides crisis relief, and mental health and wellbeing support to people in the music industry . Picture : Supplied

Share tips: what our experts say you should buy, hold and sell

It’s been party time for shareholders in Bunnings owner Wesfarmers over the past year, and rave party time this weekend, but is the tide turning?

Anthony Keane

WealthWealth

Traders work the floor of the New York Stock Exchange on August 16, 2024. US stocks edged lower in early trading Friday, as traders looked to lock in gains at the end of a positive week for major Wall Street indices. Around 10 minutes into trading, the Dow Jones Industrial Average was down 0.1 percent at 40,518.87, and the S&P was 0.1 percent lower at 5,536.08. The Nasdaq slipped 0.2 percent to 17,566.08. (Photo by ANGELA WEISS / AFP)

Celebration or desperation – will markets lift on US rate cuts?

It’s not a question of whether the US Federal Reserve chairman Jerome Powell will announce a cut in interest rates, but rather why.

Joseph Adinolfi

ExchangeEconomics

2022 Lexus Melbourne Cup at Flemington Racecourse, . GOLD TRIP (ridden by Mark Zahra) trained by Ciaron Maher & David Eustace wins the Melbourne Cup, with ??Emissary (3) ridden by P Moloney second and third High Emocean ridden by T Nugent/ Picture: Jason Edwards

The trifecta needed for a rate cut on Melbourne Cup Day

The first Tuesday in November annually marks two momentous occasions: the running of the Melbourne Cup and the RBA’s announcement whether it will move the official interest rate.

David Rogers and Joyce Moullakis

COMMENTARYBusiness

Sturt Krygsman illustration of Shaun Manuell (Aust. Super) for the business pages on 31/08/2024Version: Business Cartoon (1280x720 - Aspect ratio preserved, Canvas added)COPYRIGHT: The Australian's artists each have different copyright agreements in place regarding re-use of their work in other publications.Please seek advice from the artists themselves or the Managing Editor of The Australian regarding re-use.

AI all the rage but canny picking still comes out on top

As a team from AustralianSuper prepares for a US fact-finding mission on AI, equities boss Shaun Manuell says the post-reporting season fragile market will return to normality.

John Durie

Trading DayTrading Day

CANBERRA, Australia - NewsWire Photos - August 30, 2024: Australia and New Zealand Banking Group, Chief Executive Officer and Executive Director Shayne Elliott appears before the House Standing Committee on Economics at Parliament House in Canberra. Picture: NewsWire / Martin Ollman

ASX rises; ANZ reviews alcohol policy amid ‘massive changes’

ANZ CEO Shayne Elliott tells parliament a ban on staff drinking alcohol during work hours is ‘entirely reasonable’, after its conduct scandal. Star halts as NSW casino regulator looks at licence. Ramsay and Harvey Norman fall.

David Rogers, Valerina Changarathil and Megan Neil

MarketsMarkets

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Huang said the company plans to upgrade its AI accelerators every year, announcing a Blackwell Ultra chip for 2025 and a next-generation platform in development called Rubin for 2026. Photographer: Annabelle Chih/Bloomberg

Can Nvidia live up to the hype? Sell-off says diversify

It’s full steam ahead for the AI boom but a sharp fall in Nvidia after its latest quarterly report suggests it might be time to have a closer look at other ways to play the latest tech theme.

David Rogers

Trading DayTrading Day

SYDNEY, AUSTRALIA - AUGUST 06: TV camera people record electronic boards displaying stock information at the Australian Securities Exchange, operated by ASX Ltd. on August 06, 2024 in Sydney, Australia. The markets are closely attuned to the RBA's next rates decision, with inflation persisting even as rates have been elevated for an extended time after the end of the COVID-19 pandemic. (Photo by Lisa Maree Williams/Getty Images)

ASX 200 ends 0.3pc lower with energy, consumer-exposed stocks hit

WATCH LIVE: Westpac CEO Peter King speaking during parliamentary Q&A. CBA boss vows to continue lending to gas projects. Ellison’s fortunes hit in MinRes dive. Qantas, South32 flag buybacks as profits fall. Cettire down on profit slump.

David Rogers, Valerina Changarathil and Lilly Vitorovich

marketsMarkets

MELBOURNE, AUSTRALIA - NewsWire Photos OCTOBER 26TH, 2022: The release of the Consumer Price Index (CPI), which measures price inflation of goods and services, purchased by Australian households in each capital city. Picture: NCA NewsWire / Nicki Connolly

Inflation rate is still too high for RBA to ease off

Australia’s inflation rate remains too high for the Reserve Bank, but a slightly higher than expected CPI indicator for July doesn’t change the fact that underlying inflation is coming down.

David Rogers

Trading DayTrading Day

TOPSHOT - A television station broadcasts US Federal Reserve Chair Chair Jerome Powell speaking in Jackson Hole, Wyoming, on the floor of the New York Stock Exchange (NYSE) in New York on August 23, 2024. Powell said on August 23 that the "time has come" for the US to start cutting interest rates, adding that his "confidence has grown" that the battle against inflation is on track. "The time has come for policy to adjust," he said in a keynote speech at the Jackson Hole Economic Symposium in Wyoming, according to prepared remarks. (Photo by ANGELA WEISS / AFP)

ASX trims losses on CPI beat; Tabcorp tanks

RBA hike not ruled out as inflation remains sticky at 3.5 per cent. Controlling shareholder Rio to back ERA’s $880m discounted raise. Special dividend boosts Woolworths. Tabcorp’s worse than expected loss, CEO-elect Gill McLachlan’s ‘reality’ check weighs.

David Rogers, Valerina Changarathil and Joseph Carbone

ExchangeEconomics

CANBERRA, Australia - NewsWire Photos - August 16, 2024: Governor of the Reserve Bank of Australia (RBA), Michele Bullock appears before a Senate select committee at Parliament House in Canberra. Picture: NewsWire / Martin Ollman

Why markets are betting against hawkish RBA

The Reserve Bank’s tough talk on inflation and interest rates is increasingly at odds with that of its central bank peers, including the US Federal Reserve.

David Rogers

Trading DayTrading Day

Private dealer Geoff Ballard talking on mobile phone looking at stock board at the Australian Stock Exchange 18 Aug 1997. sharemarket graphs generic ASX

ASX lowers; Woodside gains; Lovisa leads falls

BHP cuts dividend after profit fall. Coles earnings beat estimates. Woodside to walk ‘growth funding tightrope’. Guzman Y Gomez gains after profit beat. Johns Lyng dives on revenue miss. Lovisa trading update disappoints. CBA chief economist steps down.

David Rogers, Valerina Changarathil, Lilly Vitorovich and Joseph Carbone

MarketsMarkets

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. US Federal Reserve Chair Chair Jerome Powell said on August 23 that the "time has come" for the US to start cutting interest rates, adding that his "confidence has grown" that the battle against inflation is on track. "The time has come for policy to adjust," he said in a keynote speech at the Jackson Hole Economic Symposium in Wyoming, according to prepared remarks. (Photo by ANGELA WEISS / AFP)

Don’t fight the Fed after strong dovish message from Powell

Jerome Powell’s language at the closely watched Economic Policy Symposium was a touch stronger than expected. If markets start to sell off now they might be fighting the Fed.

David Rogers

Original URL: https://www.theaustralian.com.au/business/markets/page/22