Pacific Perspectives
Stock futures are little changed after Dow’s record close, as traders await Nvidia earnings: Live updates
U.S. equity futures were flat on Sunday night after the Dow Jones Industrial Average catapulted to new intraday and closing records and as investors looked ahead to Nvidia earnings. Futures tied to the Dow inched higher…
How wealthy investors use ETFs to skirt capital gains taxes. The strategy is ‘like magic,’ advisor says
After years of stock market growth, many investors are sitting on large profits in taxable accounts, which could trigger hefty capital gains when sold. That bill can be significant for wealthy Americans, with a 20% top capital gains…
Wall Street races to lift Nvidia price targets before earnings
A slew of Wall Street analysts covering Nvidia are boosting their expectations for the chipmaker’s stock ahead of its quarterly earnings release due August 27. At least nine analysts have lifted their 12-month price targets…
AGL faces uphill task to win Cannon-Brookes’ support for climate plan
AGL Energy, the country’s biggest carbon emitter, is facing another uphill battle to win support from its largest investor, Mike Cannon-Brookes’ Grok Ventures, for its latest climate plan, which is due to go to a…
ASX to slip, Fonterra sells consumer unit for $3.5b
Australian shares are set to open modestly lower, pulling back from the record high set on Thursday. All three main US benchmarks were lower, with consumer staples pacing the S&P 500’s losses. Walmart fell 4.5…
Stock futures are little changed ahead of Powell’s Jackson Hole speech: Live updates
U.S. stock futures were little changed Thursday night ahead of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole on Friday. Investors will be seeking clues on the path forward for monetary policy. Dow Jones Industrial Average futures…
Why Tesla Cybertruck sales are falling short of expectations
Sales of Tesla’s flashy Cybertruck are a fraction of the more than 1 million reservations the company had a month before deliveries began rolling out in November 2023. So far, U.S. sales total just over 52,000 units, according…
What we learnt: James Hardie just kicked investors while they’re down
The big result: James Hardie | You could almost hear what James Hardie investors were thinking as they sent the building material group’s shares plunging more than 26 per cent on Wednesday morning: Fool me once,…
Fund managers take stock after ‘brutal’ earnings season
This month’s reporting season has been dominated by brutal market reactions in some of Australia’s largest companies after earnings results failed to meet shareholders’ lofty expectations. Building materials company James Hardie, healthcare giant CSL and…
ASX to rise; Brambles lifts dividend; Goodman profit turnaround
Australian shares are set for a modest opening advance. An initial tumble in New York failed to hold as dip buyers rushed in, helping the Dow edge higher and the S&P 500 to significantly pare…