Pacific Perspectives
Wall Street’s start to 2026 is going exactly according to plan. Are investors too confident?
Like a brilliant football coach’s scripted first drive in a playoff game, Wall Street’s start to 2026 has gone exactly according to plan, the offense in rhythm with a balanced attack resulting in an early…
Stocks making the biggest moves midday: Bloom Energy, Costco Wholesale, Alphabet & more
Check out some of the stocks posting the biggest moves in midday trading. Alphabet — Shares of the Google parent jumped more than 1% and hit a new all-time high. Cantor Fitzgerald upgraded the Google and YouTube…
Woodside’s ammonia plans face uncertain future under new leadership
Woodside Energy’s search for a new chief executive is fuelling expectations the company will scale back its $7.5 billion plan to push further into the cleaner fuels market, despite the oil and gas producer’s imminent…
Fed’s Miran wants 150 points of rate cuts to boost jobs
Federal Reserve governor Stephen Miran said he is looking for 150 basis points of interest-rate cuts this year to boost the labour market. Describing monetary policy as restrictive, Miran said underlying inflation is likely running…
ASX dogs bite back, handing momentum investors a rare defeat
It is usually a good bet to simply buy the previous year’s winners. But 2025 proved very different, with the worst performers of 2024 back with a vengeance. For decades, investors have generated solid returns…
Dow closes 270 points higher, Nasdaq slips as investors rotate out of tech: Live updates
The Dow Jones Industrial Average rose on Thursday, while the Nasdaq Composite came under pressure as investors moved away from technology stocks. The 30-stock Dow climbed 270.03 points, or 0.55%, and ended at 49,266.11. The tech-heavy Nasdaq dropped 0.44%…
Cramer warns the January rally is driven by emotion and not all stocks will hold up
CNBC’s Jim Cramer said Tuesday that early January trading shows how quickly emotion can take over markets at the start of the year, warning investors not to confuse momentum with durability. Cramer said the market is being driven by…
Inflation falls to 3.4pc, eases pressure on RBA for rate rise
Inflation cooled faster than anticipated to 3.4 per cent in November, as a wave of retail discounting helped ease the pressure on household budgets during the holiday period and bolstered the case for the Reserve…
ASX to open lower as commodities fall; Ansell CEO to step down, replacement announced
Australian shares are poised to slip at the open amid mixed trading in New York where both oil and gold were lower and amid profit-taking after a fast start to the year for both the…
‘Stop sugar-hit spending’: Top CEOs on how to get the economy moving
Monetary policy has already done much of the work to get inflation down, so now it’s time to show discipline and focus on structural reform rather than broad new stimulus. Targeted support for those genuinely…