Pacific Perspectives
ASX to fall; Corporate Travel suspends UK boss, withdraws guidance
Australian shares are poised for a modest fall at the open, while global markets were mostly sidelined by the US Thanksgiving public holiday. The S&P/ASX 200 is on track to close out the week with…
CNBC Daily Open: Thanksgiving cheer comes a day early for U.S. markets
Thanksgiving in the U.S. takes place on Thursday stateside, but the feasting might have begun a day early for investors. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all recorded a fourth straight day of gains. Source: https://www.cnbc.com/2025/11/27/cnbc-daily-open-thanksgiving-cheer-comes-a-day-early-for-us-markets.html
These stocks have strong total shareholder returns, says Morgan Stanley
As investors seek returns from companies flush with cash, certain names stand above the rest, according to Morgan Stanley. Despite heavy growth in capital expenditures in the third quarter, cash balances at companies increased slightly,…
Beach Energy keen to invest in Santos’ $3.6b Narrabri project
Beach Energy chief executive Brett Woods says the company is keen to invest alongside Santos in the long-stalled $3.6 billion Narrabri gas project in NSW to solve the nation’s east coast gas shortage, as it…
RBA rate hikes are coming next year after red-hot inflation
Investment banks Barrenjoey and UBS, along with the bond market, are betting the Reserve Bank of Australia will raise interest rates rather than cut them next year after a red-hot inflation report wrong-footed everyone. Barrenjoey…
ASX to rise, Wall St extends its rally into fourth session
Australian shares are set to open higher as Wall Street extended its recovery amid stabilising hopes for a December interest rate cut after last week’s swoon. Bitcoin briefly traded above $US90,000. Information technology and materials…
CNBC Daily Open: Nvidia’s crown looks increasingly uneasy on its head
Uneasy lies the head that wears the crown. Shares of artificial intelligence czar Nvidia fell 2.6% on Tuesday as signs of unrest continued rippling through its kingdom. Over the month, Nvidia has been contending with concerns over…
Stocks making the biggest moves midday: Abercrombie & Fitch, Nvidia, Coinbase, Symbotic & more
Check out the companies making headlines midday. Abercrombie & Fitch — The apparel retailer jumped 33% after posting better-than-expected fiscal third-quarter results, driven by strength at its Hollister brand. Hollister’s sales grew 16%, offsetting a 2%…
Buyback boom signals dividend pain for ASX investors
For decades, the Australian sharemarket was the world’s cash machine for income investors, where companies paid handsome dividends, providing a predictable income stream relied upon by retirees. But a quiet, Wall Street-inspired revolution is underway.…
CSL rout hits Australia’s biggest cap investors
Some of Australia’s largest cap investors have been caught on the wrong side of one of the year’s most crowded trades after piling into CSL as an alternative to holding a big position in Commonwealth…