Hey Superheroes, Today is the day. SpaceX (NASDAQ:SPCX) begins trading on the Nasdaq tonight after pricing its IPO at US$135 a share overnight — a US$75 billion raise at a US$1.75 trillion valuation, making it the largest IPO in stock market history. With up to 30% of shares set aside for global retail investors (versus […]
EOFY is around the corner. From voluntary contributions to government co-contributions, here’s how to get your super sorted before 30 June.
Hey Superheroes, The AI infrastructure capital cycle hit a new gear this week. Anthropic filed for IPO. Google announced its largest equity raise ever. And the wider story of who is paying for the AI buildout, and how much it costs, got significantly more concrete. Back home, the macro conditions are less rosy. Australian GDP […]
Hey Superheroes, Australia’s inflation picture got a little clearer this week — and the news was, for once, mostly good. Australian CPI eased to 4.2% in the 12 months to April 2026, down from 4.6% in March and below what markets were expecting. Transport and housing costs led the moderation, and money markets quickly repriced: […]
Hey Superheroes, Two trillion-dollar stories landed this week — Nvidia’s record quarter and SpaceX’s long-awaited IPO prospectus — and the beat of the AI infrastructure boom keeps going. Back home, though, the story changed. Australia’s unemployment rate jumped to 4.5% in April, the highest since November 2021, with the economy losing 18,600 jobs against expectations […]
Why Microsoft Is Winning in AI Microsoft didn’t win by building the best AI model. They won by putting AI where people already work. That might sound simple. It’s not. Because this advantage wasn’t built overnight. It’s the result of decades of reinvention. From a scrappy startup writing code for a hobbyist computer, to a […]
Hey Superheroes, In fair Australia where we lay our scene… this week two heavyweights of the ASX traded places. BHP hit an all-time high and reclaimed its crown as Australia’s biggest listed company. Commonwealth Bank had its biggest single-day fall on record, crashing more than 10% in a session and wiping roughly $25 billion off […]
The 2026–27 Federal Budget is set to reshape how capital gains are taxed in Australia. From 1 July 2027, the long-standing 50% capital gains tax (CGT) discount for individuals will be replaced with an inflation-based system, alongside a minimum 30% tax rate on real gains. For investors, this is more than a technical tax tweak. […]
Apple in 2026 isn’t trying to win the AI race by sprinting. It’s playing the long game. Watch, wait, then move with precision. In 2026, that strategy is starting to take shape. With Apple Intelligence powered by Gemini, a strong iPhone-17 cycle, the launch of the lower-cost MacBook Neo and John Ternus set to succeed […]
Hey Superheroes, After weeks of pain, the ASX finally caught a break. The ASX 200 broke its 11-session losing streak this week, clawing back ground after a 6% decline in April.The bounce was driven by a thaw in Middle East hostilities and a softer-than-expected tone from the RBA on the path ahead — even after […]
Hey Superheroes, Earnings season is testing nerves on both sides of the Pacific. In the U.S., the Federal Reserve held rates steady at 3.5–3.75% on Wednesday in what was likely Jerome Powell’s final meeting as Chair. The decision split the committee 8–4, the biggest dissent since 1992, as policymakers struggled with inflation that’s been above […]
There’s a bit of tension in the air heading into the May meeting. The Reserve Bank of Australia has already lifted the cash rate to 4.10% after two back-to-back hikes. The last move in March wasn’t a comfortable one either. It scraped through on a 5–4 vote. That tells us something important. This isn’t a […]