Tesla’s largest vehicle recall yet

Tesla’s largest vehicle recall yet

Hey Superheroes, Can you believe there’s just two more weeks until 2023 ends? 🤯 Global markets have had a pretty good upward trajectory these last couple of weeks, spurred further by Fed Chair Jerome Powell’s statement that interest rates have likely reached their peak. Aside from the strong rally, here are some of this week’s…

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NVIDIA’s export ban and OpenAI’s big week

NVIDIA’s export ban and OpenAI’s big week

Hey Superheroes, It’s a short week for Wall Street with markets closed for the full day of Thursday and half of Friday for Thanksgiving. Closer to home, the ASX has trended relatively flat despite companies hosting annual general meetings. Here’s all the news you’d want to read. NVIDIA’s hot chips get even hotter Calling 2023…

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ChatGPT’s win is Microsoft’s win

ChatGPT’s win is Microsoft’s win

Hey Superheroes, This week saw the S&P 500 record its longest winning streak in two years after eight straight days of green. 📈 Woohoo!  Oh and the RBA has restarted its rate hiking cycle, increasing the cash rate by 0.25% to 4.35%. The decision follows persistent inflation – with the central bank only expecting inflation to…

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Pilbara Minerals records lower revenue

Pilbara Minerals records lower revenue

Hey Superheroes, What a rollercoaster of a week it’s been!  Despite strong earnings on Wall Street, global markets have continued to be in the red. The Nasdaq is now in correction territory while the S&P 500 is on the verge of it. A market is in correction when it’s at least 10% off its peak….

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Microsoft acquires Activision Blizzard for US$69b

Microsoft acquires Activision Blizzard for US$69b

Hey Superheroes, Global markets have been keeping us on our toes haven’t they?  Starting this week off in the green, investors later turned pessimistic as geopolitical tensions continued and U.S. 10-year bond yields reached a 15-year high.  Rising bond yields generally signal that investors believe there are more rate hikes to come. Either way, this…

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Atlassian acquires Loom in A$1.5b deal 

Atlassian acquires Loom in A$1.5b deal 

Hey Superheroes, The week began with markets finally seeing green, but sentiment soured towards the weekend as U.S. inflation remained a touch too high.  Well – it’s either that or because it’s Friday the 13th today.  👻 Aside from the U.S. quarterly earnings season kicking off, here are this week’s top stories. Atlassian acquires Loom…

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Airbnb looks to long-term listings and car rentals

Airbnb looks to long-term listings and car rentals

Hey Superheroes, Happy October! Can you believe that we’re in the last quarter of 2023? The month began with both the ASX 200 and AUD/USD exchange rate hitting an 11-month low.  But it looks like our Superheroes are standing their ground (or soaring through the skies 🦸). There’s been some heavy buying activity for VAS…

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Is Amazon “too” prime?

Is Amazon “too” prime?

Hey Superheroes, Following last week’s sea of red, global markets continued their downward trend before finally offering some slight reprieve late this week. We’ve noticed increased buying activity from our Superheroes amidst the recent volatility. 👀 Here’s some of this week’s hot topics.   Amazon just got sued for being too powerful Or rather, being…

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The RBA was considering a rate hike this month

The RBA was considering a rate hike this month

Hey Superheroes, What a heavy week it’s been! Global markets experienced a broad sell-off with both the ASX 200 and S&P 500 currently at 10-week lows.  Qantas’s ex-CEO Alan Joyce is not having the best time either. Almost half of his $21.4 million final pay packet is at risk of being revoked thanks to all…

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What you need to know about super contributions

need to know about super contributions

With 30 June fast approaching, you’re running out of time to top up your super this financial year, build your nest egg and potentially claim a tax break. Here’s what you need to know. What’s the difference between concessional and non-concessional contributions? On top of the 10.5% your employer pays into your super fund (this…

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The top ASX lithium stocks by trade volume & performance (2023)

The top ASX lithium stocks by trade volume and performance [2023]

Australia is leading the global charge as the largest lithium producer. Now, with the surge of electric vehicles (EVs) and the skyrocketing demand for high-performance batteries for renewable energy storage, all eyes are on ASX lithium stocks.  With that said, you may be thinking about getting some skin in the lithium game (if you haven’t…

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What is investing?

trading platforms australia

What is investing? Investing is the act of committing money or capital to an asset, security, or venture with the expectation of generating a positive return or profit over time.  In other words, the goal of investing is to get out more than you put in. It involves allocating resources in such a way that…

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