The arrival of December has heralded a shift in sentiment towards the Federal Reserve’s next move. Just three weeks ago, the market did not view a rate cut in the final month of the year as a sure bet, with the drip feed of economic data and more hawkish sentiment from… Read More »Global week ahead: Fed’s December decision to inform world’s central banks
A consortium of major gas exporters in Queensland has offered to cut purchases of gas from local suppliers and trim LNG shipments in a last-minute bid to head off more onerous obligations to supply the domestic market being considered by the Albanese government. The concessions offered by Santos’ GLNG venture… Read More »LNG giants make last ditch concessions to avert export controls
Ecotone Partners’ The Planet Fund, a climate-focused fund backed by Robyn Denholm’s Wollemi Capital and the Milgrom’s family office, has bet on a start-up that is seeking to electrify Australian households. The Planet Fund has put up half of Electric Futures’ $10 million debt and equity raise, in a funding… Read More »Climate investors bet on $40m home electrification start-up
Local shares are set to fall further behind their US counterparts this week as traders ramp up bets the Reserve Bank of Australia will lift interest rates next year, while Wall Street cheers further easing by the Federal Reserve. Futures indicate the S&P/ASX 200 will open 0.2 per cent lower… Read More »ASX to fall on rate rise fears even as Wall Street cheers Fed cuts
The S&P 500 edged higher on Friday, securing its fourth straight winning day, as traders digested inflation data that could provide further incentive for the Federal Reserve to lower interest rates next week The broad market index closed 0.19% higher at 6,870.40, putting the index about 0.7% off its intraday record. Friday… Read More »S&P 500 closes higher, notching four-day win streak and nearing record after light inflation reading
Check out the companies making the biggest moves midday: Genius Sports — The sports analytics company jumped 8% after setting lofty 2028 targets at its investor day. Genius sees “group revenue” totaling $1.2 billion by then, along with free cash flow of $220 million. Netflix — Shares declined 5% as investors waited… Read More »Stocks making the biggest moves midday: Microsoft, Netflix, Marvell Technology, GitLab & more
It’s easy to dismiss Reserve Bank of Australia governor Michele Bullock’s regular appearances before Senate estimates as political point-scoring exercises, mainly because they are. But inadvertently, the questions in Wednesday morning’s session, which came just ahead of the release of the September quarter GDP numbers at 11.30am, did underscore the… Read More »It took just three hours for the RBA’s big problem to be exposed
Amid mounting fears of an artificial intelligence-led bubble, many investors feel trapped between the optimists who say high valuations for stock prices make sense because AI is the biggest tech revolution ever, and the pessimists who say this time is no different and any bubble eventually deflates. The trap feels… Read More »There are still cheap, quality stocks out there. Here’s where to look
The ASX has warned that companies that hoard bitcoin like Michael Saylor’s Strategy were unlikely to be welcomed on the bourse after delivery start-up Locate Technologies said it would have been booted from the exchange if it kept buying up the digital asset. Locate made history in May when it… Read More »ASX sounds warning to bitcoin hoarders as stock de-lists
Source: https://www.cnbc.com/2025/12/03/microsoft-stock-ai-foundry-sales.html