Pacific Perspectives
Alphabet’s market cap surpasses Apple’s for first time since 2019
Google parent company Alphabet saw its market capitalization surpass Apple’s for the first time since 2019. Alphabet’s market cap closed at $3.88 trillion on Wednesday. Shares of Alphabet rose more than 2% on Wednesday, closing at $322.03. Meanwhile, Apple’s market…
Stocks making the biggest moves midday: Johnson Controls, TransUnion, SoFi, AIG & more
Check out the companies making headlines in midday trading. Credit score stocks — Shares of credit score providers were trading lower after Federal Housing Finance Agency Director Bill Pulte criticized the companies’ pricing in a post on…
Nvidia’s $6 trillion-dollar stock rally threatened
The world’s most valuable company is on shaky stock market footing as 2026 gets underway. Nvidia shares are down about 8 per cent since hitting a record on October 29, well underperforming the S&P 500…
The stocks that pushed WAM’s Active fund to a 41pc return
Wilson Asset Management’s active listed investment company smashed the Australian sharemarket by more than 30 per cent last year as the dazzling rally in metal prices helped offset a substantial write-down in Corporate Travel Management.…
The Fed’s six big challenges in 2026
In coming months, markets will undoubtedly obsess over President Donald Trump’s choice to lead the Federal Reserve and whether this will give him the control he seeks over interest rates. Yet, that’s not the only…
S&P 500 notches fresh record, Dow adds nearly 500 points for first close above 49,000: Live updates
The S&P 500 and Dow Jones Industrial Average reached new heights on Tuesday as investors moved past the recent U.S. attack on Venezuela. The broad market index rose 0.62%, notching a record close of 6,944.82. It also posted a new…
Nvidia partner Foxconn reports 22% revenue surge as AI buildout ramps up
Source: https://www.cnbc.com/2026/01/05/nvidia-partner-foxconn-revenue-surge-tops-expectations.html
Rapid, repeated interest rate rises coming this year, economists say
Inflation will remain stubbornly high over the next year, forcing the Reserve Bank of Australia to increase interest rates at least twice, according to a survey of the country’s major economists, some of whom predict…
Equity investors could not be more optimistic, and it is terrifying
As the loudest voices spruik another stellar 15 per cent year for the sharemarket, it is well worth considering – and preparing for – what could go wrong. Markets start the year punch-drunk on artificial…
ASX to rise; SGH confirms tilt at BlueScope with US giant
The Australian sharemarket is to track a rally on Wall Street that was paced by the Dow Jones hitting an all time record and a jump in energy stocks after a US military strike that…