Pacific Perspectives
Jim Cramer: If you can’t spend ‘4 hours a year’ on this, you shouldn’t own individual stocks
Jim Cramer wants you to buy and hold stocks — if you’re willing to do some ongoing homework. In his book, “How To Make Money In Any Market,” Cramer outlines his system for building long-term wealth…
Tesla demand in focus after Trump policies lead GM, Ford to retreat from EV ambitions
General Motors’ announcement on Tuesday that its upcoming quarterly results will include a $1.6 billion charge from its electric vehicle investments is the latest in a string of troubling EV-related disclosures from big automakers. Ford CEO Jim Farley said late last…
CBA locks in Matt Comyn for three more years, quelling leadership talk
Commonwealth Bank chief executive Matt Comyn will remain in the top job at the country’s largest lender for at least another three years, extending his tenure to more than a decade in a move backed…
Equity Trustees braces for pay strike over Shield, First Guardian
Investors are set to deliver an embarrassing strike against the board of Equity Trustees this month after two influential governance advisory firms told them to reject the company’s pay plan because of its involvement in…
ASX to rise; S&P 500 recovers from mid-session swoon
Australian shares are poised to open higher as trade tensions between the US and China keep investors wary of a potential escalation, triggering market swings. ASX futures turned positive late, reversing earlier losses greater than…
Stocks making the biggest moves midday: Bank of America, Morgan Stanley, Bunge, Progressive and more
Check out the companies making the biggest moves in midday trading: F5 — Shares of the cybersecurity firm fell more than 3% after it disclosed a nation-state actor gained access to its systems. The company said the breach…
Google to invest $15 billion to build data center hub in India; largest outside of the U.S.
Google will invest $15 billion to build data center capacity for a new artificial intelligence hub in southern India, Google Cloud CEO Thomas Kurian announced at an event Tuesday. The investment will roll out over the next five…
Santos CFO’s shock exit heightens scrutiny over company’s future
The sudden departure of Santos chief financial officer Sherry Duhe has cemented the view that longstanding chief executive Kevin Gallagher will be around for the long haul, despite lingering investor disappointment about last month’s collapse…
Powell’s labour market view keeps rate cut door open
Federal Reserve chairman Jerome Powell signalled the central bank may stop shrinking its balance sheet in the coming months. The Fed chairman also indicated labour market prospects continue to worsen, a message that supports investors’…
There’s a serious market paradox in the age of investing uncertainty
Citi kicked off its annual Australian investment conference on Tuesday with a panel on investing “in the age of uncertainty”. But, as the Wall Street investment bank’s chief global market strategist Jim McCormick and global…