Pacific Perspectives
Stocks making the biggest moves midday: Alcoa, GE Aerospace, Electronic Arts, American Airlines and more
Check out the companies making headlines in midday trading: Alcoa — Alcoa’s shares dipped 1.1% after CEO William Oplinger said on Wednesday that U.S. tariffs on Canadian imports would increase the cost of aluminum by $1.5 billion…
Santos eyes Darwin LNG expansion with Beetaloo gas
Santos is considering building a second production unit at its Darwin LNG plant, a move that would open up a pathway to international markets for gas from the vast Beetaloo Basin fields in the Northern…
ASX falls as miners weigh; Myer soars 6pc on merger vote; gold rallies
The Australian sharemarket finished lower on Thursday, led by declines in the mining giants as tariff threats from US President Donald Trump continued to weigh on sentiment. The S&P/ASX 200 Index fell 0.6 per cent,…
A fund did the unthinkable and cut its CBA stake. Time to follow suit?
The Australian Foundation Investment Company says the ‘extreme’ valuation of CBA left it little choice but to take some profits. But our super giants aren’t stepping back. As Australia’s oldest and largest listed investment company,…
S&P 500 closes at a new record, Dow jumps 400 points as Trump pushes for low rates, oil: Live updates
The S&P 500 rallied to record highs on Thursday after President Donald Trump called for lower interest rates and cheaper oil prices. The broad market index added 0.53%, notching an all-time intraday high for the second straight…
Is it time for investors to pile back into the beaten-up $A?
Citi has called time on the blistering rally in the US dollar and told clients that one of the best ways to trade an imminent pullback is to buy the beaten-up Australian currency. The greenback…
Stocks making the biggest midday moves: Netflix, Johnson & Johnson, Oracle, Ford and more
Check out the companies making headlines in midday trading. Netflix — The streaming giant soared nearly 12% to an all-time high on the heels of better-than-expected results in the fourth quarter. Netflix reported earnings per share…
The Australian investors who hit the jackpot in 2024
It was a battle between stock pickers and cryptocurrency crusaders late last year with just one equity manager managing to beat the meme-coin mania to take the crown of Australia’s best-performing investment fund in 2024.…
Will bank stocks continue to run hot this year?
The surge in bank shares – especially Commonwealth Bank and Westpac – took investors by surprise in 2024 given already lofty valuations, restrained lending growth and concerns around higher bad debts as borrowers struggled amid…
Stocks close higher, S&P 500 touches fresh record, bolstered by Trump optimism: Live updates
Stocks climbed on Wednesday, with the S&P 500 hitting a fresh all-time high, as technology shares such as Oracle and Nvidia rallied on artificial intelligence optimism and President Donald Trump’s new term in office. The S&P 500 advanced 0.61% after hitting…