Pacific Perspectives
AFR interim profit season calendar and results
Follow the February reporting season as it unfolds here, with dates for all the major ASX companies on the schedule and links to our expert coverage. The Australian Financial Review has compiled the dates for companies…
ASX to rise, CBA’s $5b profit beats forecasts
Australian shares are set for modest opening gains after index bellwether Commonwealth Bank posting a better than expected profit in its half-year reporting. Australian share futures rose 4 points, or 0.1 per cent, to 8440…
S&P 500 ekes out gain even as Powell urges caution on rates, tariffs weigh on markets: Live updates
The S&P 500 posted a narrow gain on Tuesday as investors digested cautious commentary from Federal Reserve Chair Jerome Powell on interest rates. Concerns remain over the direction of the economy amid U.S. tariffs and the possible…
Stocks making the biggest moves midday: McDonald’s, GameStop, On Semiconductor and more
Check out the companies making headlines in midday trading: McDonald’s — The fast-food giant jumped 5% following its earnings announcement. While adjusted earnings came in at $2.83 per share, in line with expectations, revenue of $6.39 billion…
Investors should beware Trumping at shadows over tariffs
The MAGA warriors call it Trump Derangement Syndrome – the inability of critics of Donald Trump to consider anything the US president does with an open mind. But while you’ll often see the term thrown…
There’s a reason why investors are flocking to fund Australian states
Australia’s largest bond investors are piling into high-yielding state debt as budget blowouts induced by overly ambitious election promises and the threat of rating downgrades push up their borrowing costs. Rating agency S&P warned last…
ASX to rise on Nvidia-led rally; gold retakes record
Australian shares are poised to open higher, tracking a rally on Wall Street driven by Nvidia and metals stocks. Futures were 0.3 per cent or 29 points higher on Tuesday morning, indicating the S&P/ASX 200…
S&P 500 closes higher, Nasdaq pops nearly 1% Monday as investors shrug off tariff worries: Live updates
Stocks rose Monday as major tech names outperformed to start the week, while traders looked past the latest U.S. tariff threat from President Donald Trump. The Dow Jones Industrial Average added 167.01 points, or 0.38%,…
Stuck stock market is worried about economic growth as Trump’s tariffs dominate headlines
The stock market is rather calm but can’t seem to relax. In a noisy and fast-shifting news environment, stocks were quietly flattish last week from point to point, even after Friday’s almost 1% drop, which…
Metcash struggles to make its numbers work
There’s no other way to say it. Metcash updated shareholders on a cringeworthy error to its 2024 AGM results this week. The retail conglomerate led by CEO Doug Jones – overseer of brands such as IGA supermarkets…