Telecommunications giant Optus says the Albanese government’s planned new rules that aim to stop Australians being plagued by scams on their phones and social media are unworkable and ineffective. But billionaire Andrew Forrest – whose likeness has been used in scam cryptocurrency ads online – wants the government to go… Read More »Optus says tough new scam rules are ‘unworkable’
On the surface, the ASX defied Wall Street’s day of drama. But local investors spent the day puzzling over what DeepSeek means for the Australian tech sector. For the past few years, as Australian sharemarket returns lagged those of the United States, some investors have criticised the bourse for still… Read More »How the ASX dodged the DeepSeek bullet
Stocks climbed Tuesday, recovering some ground from a sell-off sparked by the emergence of Chinese artificial intelligence startup DeepSeek that sent tech shares reeling. The S&P 500 advanced 0.92% to 6,067.70, with technology shares seeing the biggest gains among sectors. The Technology Select Sector SPDR Fund (XLK) rose more than 2%, following a 4.9% loss on… Read More »S&P 500 rises, Nasdaq jumps 2% in recovery rally after Nvidia-led sell-off: Live updates
Check out the companies making headlines in midday trading: Nvidia — The chipmaker tumbled nearly 17% as the performance of a language model from Chinese startup DeepSeek raised questions about the amount of investment in artificial intelligence. With that performance, the high-flying AI name is on track to notch its worst day since… Read More »Stocks making the biggest moves midday: Nvidia, Oracle, Constellation Energy, AT&T and more
Every year, the country’s top equities investors make their way to the Sohn Hearts & Minds Investment Leaders Conference to pitch their best ideas for the year ahead. As always, it can be hit-and-miss. Last year’s top stock picker Rikki Bannon chose Telix Pharmaceuticals, which makes prostate cancer imaging drug Illuccix.… Read More »Eleven stock tips from Sohn to get you through 2025
ASX futures were poised for a modest rise on Tuesday as investor concern around a cheaper artificial intelligence model developed in China sent shares in global AI companies in to meltdown. ASX futures see-sawed on Tuesday morning after slipping overnight. Futures were 0.1 per cent, or 5 points, higher at… Read More »ASX to rise, Nvidia hammered in AI meltdown; bitcoin tumbles
The chief investment officer of Cbus says the construction sector superannuation fund is in a sweet spot after the value of its managed retirement savings passed $100 billion on the back of strong returns. Brett Chatfield said the fund had reached the milestone despite a “blip” in inflows in November… Read More »Cbus hits ‘sweet spot’ as it surpasses $100b in assets
The S&P 500 and Nasdaq Composite were down sharply Monday on concern about an artificial intelligence stock bubble popping because of the emergence of Chinese startup DeepSeek, which has possibly made a competitive AI model for a fraction of the billions Silicon Valley is spending. The Nasdaq Composite lost 3.07%, falling to 19,341.83, and the S&P 500 slid 1.46%… Read More »S&P 500 slides, Nasdaq drops 3% in sharp AI stock sell-off spurred by China’s DeepSeek: Live updates
The stock market has been coasting on enthusiasm as President Donald Trump takes the reins, but plenty of questions remain over tax cuts and tariffs. Dividend-paying stocks can offer investors some cushioning if the market becomes rocky. Amid an uncertain macro backdrop, investors looking for stable returns can add some… Read More »Top Wall Street analysts recommend these dividend stocks for stable returns
One of the great rules of investing is that things are never as bad as they seem, nor as good. Perhaps the most famous contrarian maxim of them all – Warren Buffett’s “buy straw hats in winter” – neatly sums up the idea that wild swings in sentiment create risks… Read More »Investors should forget DEI and ESG wars and follow the money