Pacific Perspectives
Volatility surge has trader eyeing one ‘stable’ stock
With semis whipping around on every AI headline and index volatility spiking, I’m looking for a counterpoint, a stable, cash-generating business where I can sell volatility instead of buying drama. Cigna (CI) fits the bill —…
Northern Star admits to takeover bids amid activist investor pressure
Under fire gold miner Northern Star Resources has admitted that its dismal share price performance sparked multiple takeover or merger approaches over the past year, and agreed with an activist investor’s criticism that it needs…
Investors split on Sigma’s $14b Boots bid amid fears of UK expansion
Sigma Healthcare, owner of Australia’s biggest pharmacy chain Chemist Warehouse, is ambitiously pursuing a transformational $14 billion deal to acquire the United Kingdom’s health and beauty retailer Boots, in a move that has divided investors…
ASX to fall, Wall St hit by rising war rhetoric
Australian shares are set to open down. Wall Street fell, and oil rose after President Donald Trump threatened to attack Iran “very hard”. ASX 200 futures were down 65 points or 0.8 per cent to…
Stock futures slip after U.S. launches additional strikes against Iran, oil rises: Live updates
Stock futures fell on Wednesday night after the U.S. launched additional attacks against Iran, sending oil prices higher. S&P 500 futures lost 0.2%, and Nasdaq 100 futures dipped 0.3%. Futures tied to the Dow Jones Industrial Average lost 62 points,…
Stocks are recovering from a sell-off — but even bullish investors warn of a bumpy ride ahead
Global stock markets edged higher on Tuesday, marking a tentative recovery from a bout of volatility led by an aggressive sell-off in global technology names. Source: https://www.cnbc.com/2026/06/09/stock-market-sell-off-sp-500-nasdaq-tech-chips-fed-hikes.html
This hedge fund is already preparing to sell its SpaceX stake
As retail investors scramble for a slice of Elon Musk’s blockbuster SpaceX float at the end of the week, one Australian hedge fund manager is planning to cash in as soon as he can. Jack…
Australian targets are sitting ducks for activist short sellers
Andrew Left is not a household name in Australia. But anyone who has sat in a listed company boardroom during an activist short-seller attack knows the model. As founder of Citron Research, Left built his…
ASX to rise, Wall St ends mostly lower
Australian shares are set to open modestly higher on Wednesday, following a renewed tech sell-off in New York and the threat of renewed fighting between the US and Iran after Tehran shot down an Apache…
S&P 500 and Nasdaq close lower as chip stock rebound fails
The S&P 500 and Nasdaq Composite dropped on Tuesday, even as oil prices pulled back, as a surge in chip stocks lost momentum after a one-day rally. The broad market index fell 0.26% to close at 7,386.65, while the Nasdaq…