Posts by Stella Ong

Meta will no longer invest in Facebook News and won’t renew $66m worth of deals with Australia’s media industry.

C3.ai shares jump 40% and Coles outshines Woolworths with stronger earnings results. Get your 3-minute weekly dose of financial news.

CSL’s “blockbuster” drug trial set to go on for much longer than expected. Get your 3-minute weekly dose of financial news.

Disney unveils plans to create a gaming universe; Palantir shares rocket over 50% on strong growth. Get your 3-minute weekly dose of financial news.

Hey Superheroes, What a massive week for markets! The ASX 200, S&P 500, Nasdaq 100 and Dow Jones all closed at new highs earlier this week and five of the Magnificent Seven reported earnings. Closer to home, Aussies celebrated inflation falling to 4.1% in the year to December. Its quarterly growth was the lowest since…

Hey Superheroes, Spotlight is dropping in a day early due to the long weekend. And with markets being so eventful this week,  we didn’t want you to miss out! The S&P 500 has been continuously resetting its record high this week with the ASX 200 getting close to its all-time high.    Here are the week’s…

Hey Superheroes, Global markets have been a rollercoaster this week following the Fed Governor’s comments of rate cuts being further away than expected.  Meanwhile, U.S. quarterly earnings season is now in its second week with several big banks having reported in the last few days. Next week will see some big tech names like Tesla,…

Hey Superheroes, It looks like global markets are once again back in the uptrend, making last week’s performance look like a mere blip in the system. 👀  Both the RBA and the Fed released monthly inflation data this week. Australia recorded a year-on-year inflation level of 4.3% in November – lower than expected and a…

Happy New Year Superheroes! Global markets ended last year with a bang but it looks like the first trading week of 2024 is starting off to be a bit… meh? Major indices are set to end the week in red – is it because investors are taking profits?  Closer to home, the ASX was thiiisss…