Pacific Perspectives
Stocks making the biggest moves midday: Intel, Biohaven, Nvidia and more
Check out the companies making headlines in midday trading: Intel — The struggling chip stock bounced into year-end, rising 1.2%. Intel has plunged just over 60% in 2024, making the stock poised to see its worst year on…
ASX poised to open lower, bitcoin edges higher
Australian shares are poised to fall in line with a mixed end to 2024 trading in Europe and mostly modest losses in New York. Trading volume is expected to be subdued at least until next…
Reserve Bank rate cut hopes skirt federal election decider
The Reserve Bank will have sufficient comfort that high inflation has been defeated and cut interest rates in the first half of 2025, but relief for borrowers may not arrive until after Australians go to…
5 advisors offer important tips for managing your money in 2025
Personal finances are top of mind for many households as they get set to ring in the new year. About 38% of Americans ranked financial stability as their No. 1 focus area for 2025, according to…
Australia’s largest financial failure of 2024 that no one heard about
In the lead-up to Christmas our financial markets in Australia suffered a failure that almost went unnoticed. The failure concerned ASX Clearing & Settlement, which is the central clearing participant (CCP) for all Australian stock markets. It…
‘Excellent return’: How much your super is expected to grow this year
Superannuation funds are on track to deliver their best performance in three years as soaring equities at home and abroad push returns firmly into the double digits as 2024 draws to a close. US stocks…
The economic lookout for 2025 is strong, but there’s still a lot that could go wrong
With a fair share of familiar obstacles and challenges ahead, 2025 will begin with a largely optimistic view for the U.S. economy. Elevated interest rates, potential weakening in the labor market and a likely volatile…
Ten top fund managers reveal their long-term stock picks
Investors face a tricky backdrop as they head into 2025. Valuations are high in both Australia and the United States, the bull market is stretching into its third year, and the inauguration of Donald Trump…
ASX to forge ahead in rocky 2025 as bull market limps on
Brighter prospects for global growth and tamer inflation should lift Australian shares to record-breaking territory in 2025, but unlike the thunderous rallies of 2024, future gains will come with greater volatility. Equity strategists predict shares…
Dow falls more than 300 points Friday but breaks 3-week losing streak: Live updates
Stocks declined on Friday, led by technology names, but major indexes still posted a positive holiday week. The blue-chip Dow Jones Industrial Average shed 333.59 points, or 0.77%, to 42,992.21, falling for the first time in six…