The Australian sharemarket will open weaker on Monday as investors brace for the federal budget and more uncertainty about US President Donald Trump’s tariff agenda. The S&P/ASX 200 futures indicate the index will decline 41 points, or 0.5 per cent, after the sharemarket posted its strongest weekly gain this past… Read More »ASX to slip before budget, US tariffs jitters
The number of ASX-listed companies is falling due to fewer IPOs and more de-listings. The ratio is pretty stark, but ASIC thinks it’s too early to call this a structural trend. I think it’s perplexing not to. Australian sharemarket listings have slowed as capital flowing to unlisted assets has surged.… Read More »Private versus public markets? The debate is just heating up
The S&P 500 inched higher on Friday, ending four consecutive weeks of declines that were brought on by trade policy turmoil, recession fears and a rollover in megacap tech shares. The S&P 500 added 0.08%, rising into positive territory as the trading session drew to a close. The broad market… Read More »S&P 500 ekes out a gain Friday, snaps four-week losing run: Live updates
Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years.He made the comments at Nvidia’s “Quantum Day” event.“This is the first event in history where a company CEO invites… Read More »Nvidia CEO Huang says he was wrong about timeline for quantum, surprised his comments hurt stocks
The 43-year-old company behind Australia’s first dial-up modem is close to a final shutdown after its Nasdaq-listed owner filed for bankruptcy less than a year after a last-ditch acquisition saved it from the scrapheap. NetComm Wireless was once a well-known star of the local technology industry and powered most of… Read More »After 43 years, local tech pioneer NetComm heads for the scrapheap
Australian shares are poised to slip at the local open, tracking modest losses on Wall Street following a volatile session as investors sought more clarity on the US economic outlook. ASX futures predicted the index would open 17 points, or 0.2 per cent lower, slipping back after reporting its best… Read More »ASX to slip, Nine confirms CoStar talks over Domain sale
Arden Jennings is co-portfolio manager of Ausbil’s small-cap and micro-cap funds. The firm oversees $19.4 billion in assets. What do you make of the ongoing volatility in equities at the moment? Do you see any risks for small caps in particular? The word uncertainty is paramount. But in volatility lie… Read More »Ausbil says this stock will be the next top gold play
The S&P 500 slipped on Thursday as uncertainty around the U.S. economy continued to weigh on equities, thwarting the market’s attempts at recovery from a monthlong rout. The broad market index pulled back 0.22% to close at 5,662.89. The Nasdaq Composite slid 0.33% to end the day at 17,691.63, weighed down by losses in Apple and Alphabet.… Read More »S&P 500 closes lower Thursday as Wall Street’s comeback attempt falters: Live updates
The “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The outlook spurred talk again about “transitory”… Read More »‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts
Southern Australia has been warned of natural gas shortfalls by 2028 – three years later than earlier forecast – and annual shortages from 2029 onwards unless investment flows into import terminals, pipelines and new fields. The energy market regulator’s latest advice slightly eased the urgency of the gas crisis enveloping… Read More »Winter gas threat pushed out but shortages loom