Pacific Perspectives
Stocks are recovering from a sell-off — but even bullish investors warn of a bumpy ride ahead
Global stock markets edged higher on Tuesday, marking a tentative recovery from a bout of volatility led by an aggressive sell-off in global technology names. Source: https://www.cnbc.com/2026/06/09/stock-market-sell-off-sp-500-nasdaq-tech-chips-fed-hikes.html
This hedge fund is already preparing to sell its SpaceX stake
As retail investors scramble for a slice of Elon Musk’s blockbuster SpaceX float at the end of the week, one Australian hedge fund manager is planning to cash in as soon as he can. Jack…
Australian targets are sitting ducks for activist short sellers
Andrew Left is not a household name in Australia. But anyone who has sat in a listed company boardroom during an activist short-seller attack knows the model. As founder of Citron Research, Left built his…
ASX to rise, Wall St ends mostly lower
Australian shares are set to open modestly higher on Wednesday, following a renewed tech sell-off in New York and the threat of renewed fighting between the US and Iran after Tehran shot down an Apache…
S&P 500 and Nasdaq close lower as chip stock rebound fails
The S&P 500 and Nasdaq Composite dropped on Tuesday, even as oil prices pulled back, as a surge in chip stocks lost momentum after a one-day rally. The broad market index fell 0.26% to close at 7,386.65, while the Nasdaq…
Amazon unveils latest warehouse robot as tech giants continue AI layoffs
Source: https://www.cnbc.com/2026/06/05/amazon-robot-proteus-warehouse-ai-layoffs.html
The dangerous delusion behind the oil market’s ‘creepy calm’
Oil futures have settled below $US100 a barrel and Australia’s pumps are full. So, is the worst of the Gulf oil crisis over? Ampol boss Matt Halliday, responsible for one of Australia’s two big oil…
ASX to drop as Fed fears send Asia’s tech giants tumbling
The Australian sharemarket is set to tumble on Tuesday after investors dumped technology stocks from Wall Street to South Korea over fears the US Federal Reserve will have to raise interest rates by the end…
$A hits two-month low as global shockwaves trigger rate rise warning
Investors dumped the Australian dollar and bonds on Monday after renewed fighting in the Middle East and a strong US jobs report raised the spectre of higher interest rates in both America and Australia in…
Stock futures slip after chip rebound lifts S&P 500 to winning day: Live updates
S&P 500 futures were slightly lower Monday night after a rally in chip stocks boosted the index. Futures tied to the broad market index were off 0.3%, while Nasdaq 100 futures lost 0.4%. Dow Jones Industrial Average futures fell by 84…