Pacific Perspectives
Santos trims output guidance as project hiccups delay surge
Santos has cut its guidance for full-year output after technical hitches delayed the start of two major growth projects in the Timor Sea and Alaska, pushing out a long-forecast jump in output into the December…
Not out of the woods yet: these economists warn rate rises are coming
Investors may be breathing a sigh of relief after this week’s benign inflation report, but a cohort of economists argues that Australia’s central bank is likely to lift interest rates one more time this year,…
Investors tip ASX’s battered small caps are about to go on a tear
Small-cap stocks have had a bruising year on the ASX as the Iran war sent oil prices surging above $US100 a barrel and the Reserve Bank of Australia embarked on an aggressive interest rate cycle…
Nasdaq futures rise after strong rebound on Wall Street, Amazon surges after earnings: Live updates
Nasdaq futures edged higher in overnight trading Thursday after Wall Street staged a sharp rebound. Upbeat earnings from Amazon added to optimism. Nasdaq 100 futures gained 0.4%. Futures on the Dow Jones Industrial Average traded…
Stocks making the biggest moves after hours: Microsoft, Meta, Starbucks, Carvana and more
Check out the companies making headlines in extended trading. Meta Platforms — Shares tumbled almost 10% after the company posted earnings per share of $6.18 for the latest quarter, missing analysts’ estimates by $1.04 per share,…
RBA won’t ignore inflation red flags. Neither should investors
Money markets have slashed the odds of further rate increases from the central bank, but there’s a big problem with that calculus. The immediate reaction of financial markets to Wednesday’s softer-than-expected inflation data – stocks…
‘Wouldn’t be short for quids’: Investors return to ASX amid tech sell-off
For years investors have bemoaned Australia’s lack of exposure to the global artificial intelligence trade, which has been a key reason for the sharemarket’s lacklustre performance when compared with that of the United States or…
‘Everyone has to change their mind’: traders axe RBA rate rise bets
Bond investors have slashed expectations for another interest rate rise from the Reserve Bank of Australia this year after a soft inflation print on Wednesday suggested the economy was cooling at a faster clip than even the…
Apple shares just hit a record. Here’s how trader Mike Khouw is playing the move
Apple continues to prove itself as the ultimate market safe haven. Even as broader tech names and momentum plays have faltered, Apple has hit new all-time highs. Investors view the Cupertino titan as uniquely “above the…
Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead
It’s been a rough month for Elon Musk, if there is such a thing for the world’s richest man. SpaceX and Tesla have erased a cumulative $1.5 trillion in market cap since mid-June, after an almost 50% sell-off…