Pacific Perspectives
Amazon to buy AI company Bee that makes wearable listening device
Source: https://www.cnbc.com/2025/07/22/amazon-ai-bee-wearable.html
Hedge fund Totus Capital hit by Santos short and CBA rally
It’s been a tough year for hedge fund manager Totus Capital after missing out on the rally in ASX blue chips like Commonwealth Bank and Wesfarmers and then being caught on the wrong side of…
This Wall Street guru sees a correction coming, but is buying the dip
The artificial intelligence revolution has long drawn comparisons to the dotcom boom and bust of 1999 and 2000, but the comparisons are becoming spookier by the day. On Monday, this column reported on the abrupt…
The ASX’s big market shift really might be playing out
Don’t say it out loud on a dealing desk, but it looks like Australian equities’ most painful trade really may be over. Miners are rolling, the banks are rolling over. That alone means FY26 is…
S&P 500 futures are little changed after index notches back-to-back closing records: Live updates
Stock futures are near flat Tuesday night as investors questioned whether the S&P 500 could continue trading around all-time highs with big tech earnings kicking off. Dow Jones Industrial Average futures gained 46 points, or 0.1%. S&P…
Block’s stock pops on addition to S&P 500
Block shares jumped 7% on Monday after S&P Global said the company will join the S&P 500, replacing Hess, which was acquired by Chevron for $54 billion. The stock rose following the announcement late Friday as investors sought to get…
Tourism stocks have been on a one-way trip down. Is it time to buy?
Two months ago, tourism and travel stocks were in disarray. The Trump administration’s crackdown on travellers into the United States and a worsening Middle East conflict had many investors wary of backing a sector that…
Investors follow Shell into Taroom, the next big thing in oil and gas
A little-known basin three kilometres below the surface of south-east Queensland is quietly emerging as a real prospect to solve a looming gas shortage and boost the country’s perilous self-sufficiency in oil supply. Growing excitement…
ASX to rise, CC Capital agrees to $3.3b Insignia takeover
Australian shares are set to open higher though futures pared earlier gains as the rally that took the S&P 500 and Nasdaq Composite to new intraday highs faded in the final hour of the session.…
Stock futures are little changed after S&P 500 posts another record close: Live updates
Stock futures were little changed on Monday night after the S&P 500 and Nasdaq Composite hit fresh records. Futures tied to the Dow Jones Industrial Average 59 points, or 0.1%. S&P 500 futures added 0.06%, while Nasdaq 100 futures gained…