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Pacific Perspectives

Stocks making the biggest moves midday: eBay, Sandisk, Meta Platforms, IonQ, Lumentum & more

13 Oct 2026

Here are some of the companies making headlines in midday trading. Memory stocks – Shares of memory chip companies slid after China’s CXMT said it will begin producing next-generation memory chips that will compete for…

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Pacific Perspectives

Meta’s Muse debut unleashes next leg of the AI trade for investors

13 Oct 2026

Australia’s top global technology investors have long prided themselves on identifying the next leg of the artificial intelligence trade before the rest of the market catches on. It helped them generate huge returns earlier this…

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Pacific Perspectives 5 Dec 2024

Australia is now an economic ‘problem child’: McKinsey

Business investment is at recession levels as Australia’s productivity growth slumps to 30th out of 35 rich countries, according to a new McKinsey report that warns declining living standards are now a “national emergency”. Australia…

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Pacific Perspectives 5 Dec 2024

Here’s the key ASX sector UBS is targeting in 2025

The ASX 200’s strong rise has been tinged with frustration for many investors because of the banks and miners. UBS is hunting in a different sector in 2025. Talk to any fund manager focused on…

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Pacific Perspectives 5 Dec 2024

Dow drops more than 200 points, S&P 500 retreats from record as big payrolls report looms: Live updates

U.S. stocks were lower on Thursday as investors awaited Friday’s big jobs report. The Dow Jones Industrial Average dipped 248.33 points, or 0.55%, to close at 44,765.71. Meanwhile, the Nasdaq Composite slipped 0.18% to end at 19,700.26. The S&P 500 dropped…

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Pacific Perspectives 5 Dec 2024

Stocks making the biggest moves midday: JetBlue, Eli Lilly, Pure Storage, Salesforce and more

Check out the companies making headlines in midday trading. JetBlue Airways — The airline said it sees a smaller decline in its full-year revenue guidance than it originally expected, according to a regulatory filing. Higher-than-anticipated bookings in…

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Pacific Perspectives 5 Dec 2024

ASX to edge up, S&P 500 and Nasdaq lift on techs

Australian shares are poised to rise. Tech shares rallied, lifting all three major US benchmarks to record closing high and masking poor breadth. The Dow closed above 45,000 for the first time. The S&P 500…

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Pacific Perspectives 5 Dec 2024

Chalmers admits business must pull Australia out of growth slump

Treasurer Jim Chalmers says the private sector must ultimately pull Australia out of its worst economic slump since the 1990s recession, even as economists and business leaders blame his government for discouraging investment and prolonging…

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Pacific Perspectives 5 Dec 2024

Tech buoys ASX; HMC Capital rallies

A rally in technology shares pushed the Australian sharemarket higher at noon, tracking strong gains on Wall Street after the S&P 500 notched its 56th record high this year. The benchmark S&P/ASX 200 Index edged…

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Pacific Perspectives 5 Dec 2024

Dow posts first close above 45,000; S&P 500 reaches new record as tech shares surge: Live updates

The S&P 500 and Nasdaq Composite scaled to record highs Wednesday, with tech shares leading the charge following strong reports from Salesforce and Marvell Technology. The broad market index gained 0.61%, closing at 6,086.49, while the tech-heavy Nasdaq advanced…

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Pacific Perspectives 4 Dec 2024

Stocks making the biggest moves midday: Tesla, U.S. Steel, FedEx, AT&T and more

Check out the companies making headlines in midday trading. U.S. Steel — Shares dropped 8% Tuesday, the day after President-elect Donald Trump said he would stop Japan’s Nippon Steel from buying the Pittsburgh steelmaker. The deal was first…

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Pacific Perspectives 4 Dec 2024

APA plots path from gas to become a Pilbara solar and batteries giant

APA Group says it hopes to expand its power generation portfolio in Western Australia’s Pilbara and commit to new investments within a year as it diversifies away from its core business of operating gas pipelines.…

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