Pacific Perspectives
Tribunal clears path for Santos’ $3.6b Narrabri gas project
Santos’ $3.6 billion Narrabri gas development will go ahead after a tribunal ruled the project’s importance to the nation’s energy reliability outweighed potential environmental and cultural heritage concerns. The ruling by the Native Title Tribunal…
Here’s how this fundie is making money from the land
Australian farmers aren’t the only ones cheering the rocketing price of almonds and beef from the simmering trade tensions between the US and China – a cohort of fund managers is also in the money.…
ASX to rise despite US recession fears growing
Investors have warned that if US jobs data this week is worse than expected it could indicate the world’s largest economy is headed for a recession as a result of President Donald Trump’s tariff wars.…
Stock futures inch lower to kick off start of the new trading month: Live updates
Stock futures fell on Sunday as Wall Street looks to the start of a new month of trading following a strong performance in May. S&P 500 futures traded down 0.2%, while Nasdaq-100 futures dropped 0.3%. Futures tied to the Dow…
S&P 500 climbs on strong Nvidia earnings, but trade policy confusion caps gains: Live updates
The S&P 500 rose Thursday, led by Nvidia. But gains were restricted, with investors cautious following a salvo of judicial developments surrounding President Donald Trump’s “reciprocal” tariffs. The broad index ended the day higher by 0.4% at 5,912.17…
Emboldened LNG giants push for more supply as North West Shelf looms
Governments should admit transition away from fossil fuels is taking longer than expected and unlock more supply if they want to keep prices from spiking and wean Asia off coal-fired generation, the CEOs of the…
Small cap fundie says this ASX mortgage broker is set to soar
Richard Ivers is the portfolio manager of Prime Value Asset Management’s Emerging Opportunities Fund and the Microcap Fund. The Melbourne-based firm oversees around $1.2 billion in assets. What’s your take on investing in small caps amid…
Fundies double down on Nvidia bets as China concerns fade
Loyal shareholders of Nvidia are doubling down on their already large bets in the chip-making giant after another bumper quarterly result cleared the way for more buying. Long-time shareholder Munro Partners had already upped Nvidia’s…
Stock futures are little changed as investors await more trade news and fresh inflation data: Live updates
Pessimism rebounded in the latest survey of Main Street investors by the American Association of Individual Investors. Bearish opinion toward stocks over the next six months grew to 41.9% this week from 36.7% last week,…
Nvidia beats on earnings and revenue as data center sales jump 73%
Nvidia reported better-than-expected earnings and revenue on Wednesday, as the company’s booming data center business recorded year-over-year growth of 73%. The stock rose about 6% in extended trading. Here’s how the company did, compared with estimates from…