Pacific Perspectives
Top Wall Street analysts are pounding the table on these 3 stocks
President Donald Trump’s announcement of a U.S.-Vietnam trade deal and a solid June jobs report lifted stocks last week, but investors can still find plenty of opportunities to snap up names at attractive levels. The recommendations of top Wall…
A golden year for Wall Street’s Australian stock picker
Of all the Australians who have made a name for themselves on Wall Street, Matthew McLennan can surely lay claim to be among the most prominent. Born in Papua New Guinea and raised in Queensland,…
Where next for stocks already back at a record? Look to the US
It’s fair to say the world is grappling with a confluence of issues, many with significant long-term ramifications and large unknowns. From intensifying geopolitical tensions in the Middle East to a barrage of US policy…
ASX to rise; oil slips; investors brace for RBA call
Shares are poised to edge higher this week as investors brace for a pivotal Reserve Bank of Australia board meeting and await clarity on Donald Trump’s July 9 trade deal deadline. The overarching focus will…
Stock futures fall after Trump says tariffs will go into effect on Aug. 1, not July 9: Live updates
U.S. stock futures fell on Sunday after President Donald Trump confirmed that tariffs are set to go into effect Aug. 1, not July 9. Dow Jones Industrial Average futures slid by 148 points, or 0.33%.…
U.S. lifts chip software curbs on China in sign of trade truce
The U.S. government has rescinded its export restrictions on chip-design software to China, three of the largest players in the space announced on Thursday. In separate statements, semiconductor software designers Siemens AG, Synopsys, and Cadence all said they received…
AGL buys Tesla home battery network in community power push
AGL Energy will pay tens of millions of dollars to buy Tesla’s 7000-strong network of batteries installed in public housing in South Australia as part of a big push into community power, helping drive growth…
How much would the ASX fall if CBA returned to a ‘normal’ valuation?
Investors don’t have to go far to find someone who reckons Commonwealth Bank shares are overpriced. Fund managers have steered clear. Analysts are unanimously recommending that their clients sell. But what would happen if the…
ASX to rise; Qantas ‘strengthens’ security after cyberattack
Australian shares are set to open higher on Friday morning, after both the S&P 500 and Nasdaq Composite reset their record closing highs, bolstered by further gains in tech stocks. The S&P 500 posted four…
Dow jumps more than 300 points, S&P 500 sets new record after strong June jobs report
U.S. stocks rose on Thursday, with the S&P 500 and Nasdaq Composite hitting fresh record highs, after a better-than-expected jobs report fueled optimism the U.S. economy was hanging tough despite fast-changing trade policy and geopolitics. The Dow Jones…