Pacific Perspectives
Inflation reading Tuesday expected to show prices at nearly a three-year high
An inflation reading due Tuesday is expected to show price gains at their highest level in nearly three years, setting up potential challenges for investors and Federal Reserve officials alike. April’s consumer price index, a broad…
Alphabet poised to become world’s biggest company
Over the past year, Alphabet has gone from an artificial intelligence afterthought to the one firm in the market with dominant positions in nearly every aspect of the technology. Now it’s on the brink of overtaking AI…
Stagflation risks leave Australian market trailing global peers
The ongoing tumult in geopolitics has triggered wildly different responses across markets, with Wall Street soaring even as the local bourse slumps, and oil and bond traders brace for a protracted hit from the Iran…
ASX to rise, S&P 500 extends its run
Australian shares are set to open higher, bolstered by further gains in New York where both the S&P 500 and the Nasdaq Composite each reset their record highs to start the week. Energy shares paced…
Stock futures are little changed as traders await inflation reading, monitor Iran war developments: Live updates
U.S. stock futures hovered near the flatline on Monday night as traders looked ahead to the release of April’s consumer price index reading. S&P 500 futures were marginally higher, and Nasdaq 100 futures added 0.1%. Futures tied to the Dow…
Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year
Source: https://www.cnbc.com/2026/05/09/nvidia-embraces-ai-investor-topping-40-billion-in-equity-bets-2026.html
Meet the US investor who sold his stake in ‘Despacito’ to an ASX fund
It’s not often that pop bangers come up in conversation in the world of financial markets, but Erik Serrano Berntsen is not your typical investor. The New York-based head of Stable Asset Management visited Australia…
S&P 500 melts up to yet another record high as momentum rules
The S&P 500 closed at a record high, after topping 7400 for the first time, as the seemingly relentless rally in semiconductor stocks – as well as the three biggest mega-cap techs – gathered momentum.…
ASX to slide as Iran conflict, budget jitters weigh
The Australian sharemarket is set to extend losses on Monday as renewed hostilities between the US and Iran pushed oil prices higher, sparking fears of further inflation, and as anxieties grow ahead of the federal…
Stock futures slide as investors monitor the latest Iran war negotiations: Live updates
Stock futures edged lower Sunday night, following a winning week on Wall Street, as oil prices jumped after President Donald Trump rejected Iran’s latest proposal to end the war. Futures tied to the Dow Jones Industrial Average…