[visitor_weather]
[gtranslate]
Breaking News

This collapsing ASX stock just backed a $55 billion deal

Perpetual shares climbed after the financial services company announced the acquisition of a 70% stake in Interfi Systems, a loan servicing technology business with approximately $55 billion in assets under administration. The company said the deal will help expand its Corporate Trust and Digital and Markets divisions and is expected to contribute to growth from FY27 onwards. Investors also welcomed news that gross debt is expected to decline by around 15% by the end of June. The updates provided a boost for the stock after a challenging start to 2026.

Read More

ASX 200 Expected to Fall Today as Wall Street Losses Market Sentiment

The ASX 200 is expected to open lower on Thursday after a sharp overnight decline across major US stock markets weakened investor sentiment. SPI futures indicate the benchmark index could fall around 65 points at the open following losses on Wall Street, where the Dow Jones, S&P 500, and Nasdaq all ended lower. Investors are also watching rising oil prices driven by escalating US-Iran tensions, which could support energy stocks including Woodside Energy and Santos. Meanwhile, weaker gold prices may pressure mining shares as inflation concerns and expectations of higher interest rates return to focus.

Read More

Bitcoin Falls 41% From Record High: What History Suggests Could Happen Next

Bitcoin remains under pressure after falling 41% from its all-time high reached in October last year. Investors are closely watching inflation concerns, interest rate expectations, AI-driven investment trends, and broader market uncertainty as factors affecting cryptocurrency prices. The recent decline has also come while the S&P 500 continued rising, highlighting changing investor preferences toward technology and AI stocks. Despite the volatility, Bitcoin has historically recovered from major downturns and has still delivered gains of more than 13,700% over the past decade.

Read More

Why the ASX 200 Fell on Tuesday Despite a Strong Tech Rally

The ASX 200 fell on Tuesday as weakness in retail and consumer stocks outweighed strong gains in technology and mining shares. Investors reacted negatively to Australia’s latest wage increase decision, which raised concerns about higher business costs, inflation pressures, and future interest rate moves by the Reserve Bank of Australia. Market sentiment was also hurt by fresh economic data showing Australia recorded its first monthly goods trade deficit since December 2017. Despite the broader decline, AI-driven optimism helped technology stocks rally strongly following gains in US semiconductor and artificial intelligence companies overnight.

Read More

DroneShield ASX Shares Jump After Fresh US Defence Contract Win

DroneShield shares rose after the Australian defence technology company secured a new US defence contract worth up to $24.9 million tied to counter-drone operations under the Joint Interagency Task Force 401 program. The agreement covers mobile and fixed-site counter-drone systems, subscriptions, warranties and support services, with deliveries expected across 2026 and 2027. DroneShield expects at least $10 million from the initial contract value to be recognised as FY2026 revenue. The latest deal adds to strong growth momentum for the company, which recently reported Q1 2026 revenue of $74.1 million, up 121% year-on-year.

Read More

ASX 200 Expected to Fall as on Tuesday as Oil Prices Surge and Gold Drops

The ASX 200 is expected to open lower on Tuesday as rising oil prices and renewed Middle East tensions weigh on investor sentiment. Energy stocks including Santos and Beach Energy could benefit after crude prices surged overnight, while gold miners may face pressure following a sharp drop in bullion prices. Mining giants BHP and Rio Tinto also remain in focus after strong gains in U.S. trading supported by higher copper prices. Investors are expected to closely monitor commodity markets and geopolitical developments as volatility across global markets continues to increase.

Read More

ASX Today: Market Expected to Open Slightly Lower on Monday

The ASX 200 is expected to open slightly lower on Monday despite strong gains in the previous session, with investors closely monitoring commodity prices and broker recommendations. Falling oil prices may pressure energy stocks such as Woodside and Santos after Brent crude recorded its biggest monthly decline in six years. Meanwhile, rising gold prices could support mining shares including Newmont and Northern Star Resources. Investors will also watch fresh analyst calls on Goodman Group and Commonwealth Bank as market sentiment remains sensitive to global geopolitical developments and movements in U.S. and commodity markets.

Read More

ASX 200 Jumps 1.2% as Miners and Gold Stocks Lead Friday Rebound

The ASX 200 climbed 1.24% on Friday as miners and gold stocks lifted investor sentiment after Wall Street hit fresh record highs overnight. BHP, Northern Star Resources, Evolution Mining and Newmont led gains as the resources sector rose 2.3%. Property, infrastructure and major bank stocks also moved higher, while energy companies including Woodside Energy and Santos declined as oil prices cooled following recent geopolitical volatility.

Read More

ASX 200 Set to Rebound as Oil, Gold and Mining Stocks Stay in Focus

The ASX 200 is expected to rebound on Friday after stronger Wall Street trading lifted investor sentiment overnight. Energy stocks including Santos and Woodside Energy are in focus following a rise in oil prices, while gold miners Evolution Mining and Newmont may benefit from a rebound in gold prices. Investors are also watching broker updates on Mineral Resources and Champion Iron shares. The local market is looking to recover after Thursday’s sharp 1.45% decline pushed the ASX 200 deep into the red amid broad weakness across Australian equities.

Read More