Australian shares are set to open higher, as the immediate threat of a US-triggered tariff war faded with President Donald Trump’s pivot to his vision for the Middle East. ASX futures rose 0.8 per cent, or 69 points, on Thursday, suggesting the S&P/ASX 200 would extend gains in the previous… Read More »ASX to rise, oil tumbles; regulator flags competition risk in Contact-Manawa deal
Stocks rallied on Wednesday, pushing the major averages higher for the second day in a row, as investors looked past the trade turmoil that weighed on the market earlier in the week. The gains came even as notable technology stocks Alphabet and AMD posted steep losses following earnings. The blue-chip Dow Jones Industrial Average climbed 317.24… Read More »Dow closes 300 points higher for back-to-back gains as investors look past tariff tumult: Live updates
Stocks rallied on Wednesday, pushing the major averages higher for the second day in a row, as investors looked past the trade turmoil that weighed on the market earlier in the week. The gains came even as notable technology stocks Alphabet and AMD posted steep losses following earnings. The blue-chip… Read More »Dow closes 300 points higher for back-to-back gains as investors look past tariff tumult: Live updates
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 capital expenditures in 2025 as it continues to expand on its artificial intelligence strategy. Earnings… Read More »Alphabet shares drop 7% on company revenue miss
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 valued at almost $60 billion, and it has long been considered an expensive acquisition target.… Read More »Investors say ‘saleable’ Transurban is shaping up as a buyout target
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 points. US President Donald Trump’s 10 per cent tariff on all imports from China came… Read More »ASX tumbles into the red as China tariff takes effect
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 chief economist was ranked by The Australian Financial Review as the most accurate forecaster of 2024, based… Read More »Meet the most accurate economic forecaster of 2024
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% to 19,654.02, while the S&P 500 rose 0.72% to 6,037.88. The Dow Jones Industrial Averageclimbed… Read More »S&P 500, Nasdaq close higher as traders look past Trump tariff shake-up: Live updates
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 one month. Initially, stocks dropped on tariffs announced over the weekend against key trading partners,… Read More »Stocks making the biggest moves midday: General Motors, Tyson Foods, Triumph and more
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 Exchange Commission filings show AusSuper bought 2.42 million Nvidia shares in the three months ended… Read More »AustralianSuper tipped $500m into Nvidia before DeepSeek crash