Pacific Perspectives
Elite bull market takes control again with the S&P 500 touching 6,800 for first time ever
The most gifted runners not only go faster and with a smoother gait. They also need less recovery time. The phase of the current bull market that pushed off the blocks six months ago is…
Intel beats on sales in first earnings report since U.S. government became top shareholder
Intel reported better-than-expected revenue on Thursday, signaling that demand for its core x86 processors for PCs has recovered. The stock jumped 6% in extended trading. Source: https://www.cnbc.com/2025/10/23/intel-intc-earnings-report-q3-2025-.html
RBA warns critical minerals could be more trickle than boom
The Reserve Bank of Australia is not expecting another epic mining boom from Australia’s production of critical minerals such as rare earths, lithium and copper, which may only partially offset the decline in fossil fuels…
Traders pounce on gold as correction ‘cleans out’ hot money
Commodity traders have taken advantage of the violent correction in the gold price that sent retail investors rushing for the exit, and have been buying the dip in the world’s hottest asset. While spot gold…
ASX to edge higher; Pilbara’s revenue jumps 30pc
Australian shares are set to open higher, tracking Wall Street’s recovery, which got a late boost from news that US President Donald Trump plans to meet Chinese counterpart Xi Jinping next week. Gold bounced, oil…
S&P 500 closes higher, recouping Wednesday’s loss and then some
The S&P 500 rose on Thursday, boosted by tech stocks, as investors stepped in to buy after a batch of strong earnings results. The broad market index climbed 0.58% to close at 6,738.44, while the Dow Jones Industrial…
Stocks making the biggest moves after hours: IBM, Tesla, Moderna and more
Check out the companies making headlines in after-hours trading. Southwest Airlines — Shares of the airline gained 2% on the back of a surprise quarterly profit. Southwest also said that demand and fares are both improving. The…
Gold price slumps as retail investors pour record $1b into ETFs
The army of new retail investors who scrambled to get exposure to gold has been smashed by a violent price reversal after traders abruptly locked in profits worried that bullion’s stunning rally had pushed prices…
‘Truly remarkable’: Trump deal to supercharge Aussie rare earth sector
The new $4.6 billion Trump-Albanese deal on critical minerals will unlock a wave of rapid investment in the sector that will thrust Australia into a key role in US efforts to break China’s stranglehold on…
ASX to fall; Fortescue’s record quarter, IAG ups guidance
Australian shares are poised to fall to extend their losses amid a technology-fuelled sell-off in New York. Tesla closed down and extended its slide after hours as its third-quarter results disappointed. All three US benchmarks…