Austal (ASX:ASB) has just delivered a financial performance that stunned the market. Its net profit surged by 503% in FY25, sending the ASB share price to a record high of around A$8.07 and cementing the shipbuilder’s reputation as one of the most strategically vital defence players in the region. Yet, as impressive as these numbers…
SBS Australia suggests that Australians now own $17.3 trillion in assets, which include shares, equities, properties, reserves, and even liabilities. Residential land and dwellings make up the largest portion of the country’s wealth. However, not every investor has struck gold through property investments. Others have diverse portfolios that are starting to see profits. This raises…
The RBA has again hinted more rate cuts are on the way, with markets eyeing November—potentially a game-changer for households, banks, and exporters. Is the RBA’s hand now tied?
The Reserve Bank of Australia is once again in the spotlight as speculation builds over its next policy move. With inflation moving closer to target and the…
Fortescue Metals Group (ASX:FMG) has delivered its FY25 results and the numbers tell two very different stories. On one hand, profits have fallen to their lowest level in six years as weaker iron ore prices bite. On the other hand, shipments hit a record high, proving the company’s operational muscle remains intact. For investors, this…
Australia’s plumbing supply giant, Reece, has taken investors by surprise after its shares tumbled 20% in a single day, making it one of the steepest falls on the ASX this year. The sharp decline followed the release of the company’s FY25 results, which revealed a 24% drop in profit, weaker revenues, and a dividend cut…
The Euro is strengthening while the USD is experiencing pressure, and numerous culprits are to blame. For instance, European countries are reporting strong GDP growth and employment figures. Conversely, the US is still wading in concerning inflation risks and a struggling labor market.
Forex affiliates should care about the Euro’s strength vs. the Dollar’s pressure primarily…
For much of the past decade, Big Tech has been the heartbeat of global equity markets. The likes of Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA) haven’t just dominated earnings seasons; they’ve reshaped industries, driven innovation, and created trillions in shareholder wealth. Their rise has been so powerful that global indices like the…
Markets often move in patterns, and one of the most enduring is the so-called September Effect. Of all the quirks on the calendar, this one stands out: September has historically been the weakest month for Wall Street. We’re not talking about folklore or trader superstition; nearly a century of data supports the trend. Investors approach…
Walmart, one of the largest retailers in the world, has posted a surprising set of earnings for Q2 2025, overcoming headwinds such as inflation and tariff pressures. Walmart’s Q2 2025 earnings report exceeded expectations, showcasing revenue of US$177.4 billion and profits of US$7.03 billion (88 cents per share). These numbers represent a solid year-over-year improvement…
Battery recycling used to be a side note. Not now. Electric vehicles are everywhere and the minerals inside their batteries are worth too much to waste. On the ASX, a handful of companies have moved early. They’re locking in supply, scaling up plants and testing ways to strip value from what used to be scrap.
What…
