Pacific Perspectives
Australia stuck in ‘interest rate purgatory’ as inflation stays high
The latest lull in the Iran war has not alleviated fears rattling the bond market that central banks will have to keep interest rates at high levels for the foreseeable future as traders steel themselves…
This Nvidia deal is sparking fears markets could ‘go straight down’
The way the chip giant is using its financial firepower to keep the AI hype machine going is scaring investors again. One Big Short hero has a brutal warning. A funny thing happened on Wall…
Investment bankers jump ship as data centre talent war heats up
Investment banks have become a hunting ground for talent amid a boom in artificial intelligence, with data centre developers raiding research desks and advisory teams to bankroll, build and sell a wave of new projects.…
Stock futures tick lower as oil prices rise after U.S. blocks attack from Iran: Live updates
Stock futures inched down on Tuesday night as oil prices rose after U.S. forces intercepted an attack from Iran. Dow Jones Industrial Average futures shed 66 points, or 0.1%. S&P 500 futures lost 0.2% and Nasdaq 100 futures slipped 0.3%.…
Stocks making the biggest moves midday: ASML, SK Hynix, SAP, Forte Bio, Brown-Forman & more
Check out some of the companies making the biggest moves midday: ASML — Shares of the maker of semiconductor manufacturing equipment slid 8%. China began mass production of domestically made deep ultraviolet chipmaking tools, The Information reported. Memory…
How a $1b fund turned a three-page letter into an investment edge
If you’re running a large listed Australian company and a letter from Merlon Capital Partners arrives in the mail, chances are you’re not in a great place. The $1 billion Australian equity fund follows a…
Retail investors stock up on Musk’s SpaceX as fund managers sell out
Local retail investors can’t get enough of Elon Musk’s rockets and artificial intelligence company SpaceX, buying up stock even as institutional shareholders sell out, and the stock falls below its offer price. SpaceX’s share price…
Why the last financial year may have been a warning for ASX investors
The S&P/ASX 200 Index returned 2.7 per cent in 2025-26, but the headline number conceals more than it reveals, and what it conceals is becoming harder to ignore. The S&P/ASX 200 Index returned 2.7 per…
SpaceX has now lost the equivalent of a full Tesla in market capitalization
What’s one trillion between a trillionaire and his biggest fans? SpaceX has now erased more than $1.2 trillion in market cap since its high price of $225.64 in June – almost exactly the value of Elon…
S&P 500 closes little changed Friday as Iran fears and chip sell-off weigh down market: Live updates
The S&P 500 ended near flat on Friday, weighed down by chip stocks, as investors assessed the latest developments regarding the Middle East conflict. The broad market index added just 0.05% and closed at 7,411.98 while the Nasdaq…