Pacific Perspectives
How Telstra will make Australia pay up for the AI boom
Vicki Brady’s new five-year plan at Telstra is designed to try to solve the problem that’s been plaguing the telco sector for more than two decades. If the use of buzzwords was a leading indicator…
AGL-backed smart energy platform buys Beige to fuel growth
AGL Energy-backed UK “smart” energy platform Kaluza, which manages electricity supply and billing and is being tipped as a challenger to Origin Energy’s successful Kraken platform, has bought an Australian software company to help broaden…
Inflation miss is a reminder the RBA won’t save this economy
Our obsession with the next move in rates is understandable, but we can’t rely on the Reserve Bank to fix everything. Whether Wednesday’s slightly hotter-than-expected monthly inflation reading is enough to derail the July interest…
How much a $1,000 investment in Nvidia made 10 years ago would be worth today
Nvidia, an industry leader in artificial intelligence chips used by companies like OpenAI and a bellwether for tech stocks, reported earnings after market close on Wednesday. The company reported revenue of $44.06 billion for the quarter ending April 27,…
Tesla shares climb as Musk pledges to be ‘super focused’ on companies ahead of Starship launch
Tesla shares gained nearly 7% on Tuesday after CEO Elon Musk over the weekend reiterated his intent to home in on his businesses ahead of the latest SpaceX rocket launch. The billionaire wrote in a post to his…
Telstra goes all in on five-year plan to ride AI infrastructure wave
Telstra chief executive Vicki Brady has outlined a five-year plan that would entrench the country’s largest telecoms company as an infrastructure business that will ride the boom in artificial intelligence and data centres. The strategy,…
ASX to rise, S&P 500 rallies 2.1pc; Goodman Group reaffirms guidance
Australian shares are set to track gains on Wall Street after a surprise jump in consumer confidence and progress on Europe-US trade talks helped spur a revival for risk assets. Futures are pointing up 50…
Footage reveals state of MinRes’ crucial road ahead of investor visit
Mineral Resources’ 330-tonne road trains are being forced to drive at a third of the usual speed between the company’s flagship Pilbara iron ore mine and a port 147 kilometres to the west, jeopardising repeatedly…
Stock futures are little changed as investors brace for Nvidia earnings: Live updates
U.S. stock futures were little changed Tuesday night, as investors awaited earnings results from Nvidia, after the Dow Jones Industrial Average snapped a four-day losing streak. Dow futures rose by 45 points, or 0.11%. S&P 500 futures gained…
Stock market’s intense comeback from the tariff tantrum low hits a setback
A stock market riding a heater of historic intensity into last week didn’t need to look far to find a few tidy excuses to cool off. Perched atop a 23% ramp from the tariff tantrum…