Yesterday
Wall Street surges as jobs report shows hiring slowdown
Stocks are rising on Wall Street following a government report showing job growth rose modestly in April.
- Alex Veiga and Damian J. Troise
This Month
Father-son duo make $16.7b in 3000pc stock rebound
The shares of Phoenix-based online used-car dealer Carvana have surged from historic lows, but the company still faces challenges.
- Diana Li
ASX climbs a tech share rally; Pro Medicus hits record
Miners, tech lift shares 0.4pc. Afterpay grows sales 25pc. New car sales hit record in April. Apple lifts dividend, buyback to record $US110b. Follow here.
- Updated
- Tom Richardson, Natasha Rudra, Sarah Jones, Cecile Lefort, Joshua Peach and Joanne Tran
Blackstone taps vast source of cash in $1.5trn credit push
Blackstone has been eagerly driving the expansion of the booming multi-trillion dollar private-debt markets. And it’s paying off.
- Dawn Lim and Silas Brown
NAB result boosts banks; Woolworths, Bapcor, Block sink
Shares rise. Sequoia Financial rebels demand CEO exit. NAB declares flat dividend. Woolworths says food prices largely flat, shares sink. Bapcor crashes. Fed says rate rise unlikely. Follow here.
- Natasha Rudra, Tom Richardson, Sarah Jones, Joshua Peach, Cecile Lefort and Joanne Tran
What every buyer needs to know about auction clearance rates
Auction clearance rates give some clues about when to buy or sell.
- Tom Richardson
ASX uranium boom lures secretive Canadian hedge fund
A flurry of retail interest and quick capital raisings in the sector has drawn the increasing attention of one Toronto-based hedge fund.
- Joshua Peach
- Opinion
- Opinion
How to sleep easy with your investment decisions
If your portfolio is inconsistent with your risk tolerance, you’re more likely to lose sleep and make poor decisions driven by emotions.
- Michael Hutton
April
ASX closes up; worst day for Worley since 2021
Shares firm; retail sales disappoint; $A slips; Sidara sale sinks Worley; BHP confirms $38b settlement; Origin gas revenue falls; Coles sales up. Follow updates here.
- Updated
- Cecile Lefort, Joshua Peach, Joanne Tran and Sarah Jones
Activist funds to push Karoon Energy on dividends
Samuel Terry and Sandon Capital will target the oil and gas producer’s board before May’s annual general meeting and push for more dividend payments.
- Jonathan Shapiro
Another scalp for Jefferies Australia as Goldman trader jumps ship
Allott and Piercy both worked under Goldman’s former head of equities, Mario Argyrides, who quit just over a week ago.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Stocks trade for 390 minutes a day. But only the final 10 might matter
Assets in passive equity funds have surged to more than $US11.5 trillion in the US alone - pushing more of trading to the closing minutes of the equities session.
- Justina Lee
ASX activist HMC Capital takes aim at GrainCorp
HMC Capital has revealed a position in GrainCorp, marking the group’s fourth public bet from the highly concentrated Capital Partners Fund.
- Updated
- Joshua Peach
ASX to bounce as Powell prepares to walk rates ‘tightrope’
The US Federal Reserve will take centre stage again this week, when some forecasters are expecting its chairman to address an increasingly poor inflation outlook.
- Joshua Peach
- Opinion
- Interest rates
How Boomers are busting hopes for rate cuts
Macro commentator James Aitken says interest rates may have to head higher after we underestimated the increasingly powerful wealth effect.
- Jonathan Shapiro
Wall Street lifts as Alphabet breaks $US2trn valuation
A rally in the tech megacaps gave US markets a boost while US economic data showed moderate inflation.
- Chibuike Oguh
- Opinion
- Chanticleer
12 stock picks for a tough investing environment
Low rates and endless stimulus may have left investors unprepared for the difficult environment that lies ahead. Here are 12 stock picks to consider.
- James Thomson
Future Fund vindicated by reality of ‘sticky’ inflation
A sharemarket rally, spurred by hopes of rate cuts, has lifted the Future Fund’s portfolio, but it says investors have not adjusted to a higher-for-longer scenario.
- Jonathan Shapiro
Resources funds bounce back as commodity rally intensifies
Fund managers are betting on a fresh batch of copper, gold and oil producers to help lift their returns following a challenging period for commodity investors.
- Alex Gluyas
Shares sink; Anglo American rejects BHP’s ‘opportunistic’ proposal
Shares fall 1.2pc as rate cut hopes dim. BHP sinks on Anglo American deal. ResMed beats on profits. Wall Street lower on US GDP slowdown. Follow here.
- Tom Richardson, Natasha Rudra, Cecile Lefort, Joanne Tran and Alex Gluyas
