G'day, mooers! Check out the latest news on today's stock market! • Inflation, interest-rate worries drag stocks downward • ASX drops, miners lead losses, Austal, Bubs rally • Stocks to watch: Bubs, Austal, BHP - Moomoo News AU Wall Street Summary Stocks slumped on Wednesday after investors received a fresh sign that the U.S. economy could be revving up, fanning inflation fears. Major indexes all fell, led by the tech-focused$Nasdaq Composite Index (.IXIC.US)$'s 1.1% sl...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 fades on FOMC minutes, some Fed officials favour a 50 bp hike • ASX slides at the open • Stocks to watch: Qube, Platinum Asset, Humm Group - Moomoo News AU Wall Street Summary Two of Wall Street's three main indices turned negative following the publication of a summary of this month's Fed meeting. The minutes showed the central bank wants "substantiall...
$Smartgroup Corporation Ltd (SIQ.AU)$: Macquarie upgrades the stock to outperform from neutral and lifts its target price 6.1% to A$6.62. The proposals by Australia's government to cut tariffs on EVs and abolish fringe benefits tax on some EVs could make them about 50% cheaper than comparably priced standard vehicles--if purchased through novated leases, in which Smartgroup deals. The policy change represents upside ri...
$Altium Ltd (ALU.AU)$: Bell Potter cuts the stock's target price by 18% to A$34.00 against a backdrop of falling tech valuations but maintains a buy recommendation. Altium is probably on track to hit its FY earnings guidance amid signs that the printed-circuitboard software provider is prioritizing growth in subscribers rather than revenue, Bell Potter says. $Computershare Ltd (CPU.AU)$: Morgan Stanley maintains an overwei...
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Smartgroup Corporation Ltd Stock Forum
• Inflation, interest-rate worries drag stocks downward
• ASX drops, miners lead losses, Austal, Bubs rally
• Stocks to watch: Bubs, Austal, BHP
- Moomoo News AU
Wall Street Summary
Stocks slumped on Wednesday after investors received a fresh sign that the U.S. economy could be revving up, fanning inflation fears.
Major indexes all fell, led by the tech-focused $Nasdaq Composite Index (.IXIC.US)$'s 1.1% sl...
• S&P 500 fades on FOMC minutes, some Fed officials favour a 50 bp hike
• ASX slides at the open
• Stocks to watch: Qube, Platinum Asset, Humm Group
- Moomoo News AU
Wall Street Summary
Two of Wall Street's three main indices turned negative following the publication of a summary of this month's Fed meeting. The minutes showed the central bank wants "substantiall...
• ASX 200 closed lower Monday, dropping 32.40 points or 0.45% to 7,180.80.
• Top gainers: $Megaport Ltd (MP1.AU)$ $Macquarie Group Ltd (MQG.AU)$ $Pendal Group Ltd (PDL.AU)$
• Top losers: $Origin Energy Ltd (ORG.AU)$ $Coronado Global Resources Inc (CRN.AU)$ $Aurizon Holdings Ltd (AZJ.AU)$
- moomoo News AU
The share market fell to its lowest in almost three weeks ahead o...
• ASX 200 closed up Friday, gaining 56.00 points or 0.79% to 7,104.10 and crossing above its 125-day moving average.
• Top gainers: $Viva Energy Group Ltd (VEA.AU)$ $Qantas Airways Ltd (QAN.AU)$ $Champion Iron Ltd (CIA.AU)$
• Top losers: $Alumina Ltd (AWC.AU)$ $Paladin Energy Ltd (PDN.AU)$ $Mercury NZ Ltd (MCY.AU)$
- moomoo News AU
A V-shaped week for stocks ended near its high-p...
The proposals by Australia's government to cut tariffs on EVs and abolish fringe benefits tax on some EVs could make them about 50% cheaper than comparably priced standard vehicles--if purchased through novated leases, in which Smartgroup deals. The policy change represents upside ri...
Altium is probably on track to hit its FY earnings guidance amid signs that the printed-circuitboard software provider is prioritizing growth in subscribers rather than revenue, Bell Potter says.
$Computershare Ltd (CPU.AU)$: Morgan Stanley maintains an overwei...
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