Wednesday’s surprise inflation data hurt share investors and sent property stocks lower as evidence of more food price rises threatens to sting retailers like Woolworths.
While bond and gold investors are betting on economic trouble ahead, share investors remain optimistic about the prospects for artificial intelligence to reshape the business world.
Australia’s biggest stocks have touched a new record mid-trading day high, following a positive overnight lead from Wall Street and signals of more interest rate cuts.
The mining giant has a bullish view on Chinese steel demand and is tipping a strong finish to the year in the Pilbara as it stays in the race to meet its full-year shipments goal.
Historic moves higher in the gold and silver price have fed a new frenzy sending gold stocks doubling or tripling in 2025 as investors eye more capital gains.
Guzman y Gomez has launched a $100 million buyback to support its ongoing global restaurant rollout, while reporting a near-19 per cent jump in sales for the September quarter.