Pacific Perspectives
Alphabet shares drop 7% on company revenue miss
Google parent company Alphabet shares fell as much as 8% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations. The company also announced that it plans to invest $75 billion in…
Investors say ‘saleable’ Transurban is shaping up as a buyout target
Transurban’s lacklustre share price and valuable collection of toll roads is raising investor expectations that the infrastructure giant could become a prime target for pension funds chasing big-ticket assets. The toll road group’s assets are…
ASX tumbles into the red as China tariff takes effect
A last-minute escalation in the trade war between the United States and China dragged the ASX into the red on Tuesday. The S&P/ASX 200 index closed 0.1 per cent, or 5.4 points lower at 8374…
Meet the most accurate economic forecaster of 2024
Australia’s top economist Paul Bloxham predicts United States President Donald Trump’s tariff war will test the economy, and the Reserve Bank will be capable of only moderate interest rate cuts in 2025. The HSBC Australia…
S&P 500, Nasdaq close higher as traders look past Trump tariff shake-up: Live updates
The Nasdaq Compositeand S&P 500moved higher on Tuesday due to a strong gain in Palantir, as Wall Street sought stable footing following the latest developments on the global trade front. The tech-heavy index jumped 1.35%…
Stocks making the biggest moves midday: General Motors, Tyson Foods, Triumph and more
Check out the companies making headlines in midday trading: Stocks moving on tariffs — U.S. stocks are off their lows after the U.S. and Mexico said tariffs against the latter country would be delayed for…
AustralianSuper tipped $500m into Nvidia before DeepSeek crash
Australia’s largest superannuation fund poured nearly half a billion dollars in retirement savings into tech giant Nvidia last quarter, dialling up its position ahead of the stock’s record-breaking crash on January 27. US Securities and…
Could CBA’s clever growth strategy come back to bite?
With only a week and a bit before Commonwealth Bank delivers its December half profit – and kicks off the February reporting season proper – it’s time to play the Australian market’s favourite game: how…
Top forecaster Paul Bloxham says trade war changes the RBA path
All Paul Bloxham had to do to take out the title of top Australian economic forecaster for 2024 was nothing. His conviction that the Reserve Bank of Australia would stand pat on monetary policy last…
As markets absorb tariff news, it’s a wake-up call for individual investors, experts say
President Donald Trump’s new executive order issuing tariffs on goods entering the U.S. from Canada, China and Mexico sent markets falling early Monday. By midday, the markets rebounded on news of a one-month pause on Mexico tariffs. The…