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 […]
Apple stops Series 9 and Ultra 2 Apple Watch sales, Adobe abandons Figma and Hollywood’s merger gossip. Get your 3-minute weekly dose of financial news.
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 […]
Origin Energy shareholders reject Brookfield’s proposition, Amazon hits a six with local broadcasting rights for the cricket and the RBA holds on a rate change. Get your 3-minute weekly dose of financial news.
Hey Superheroes, What an eventful week! The AUD reached a 16-week high, ChatGPT turned 1, Elon Musk had some colourful words for Disney CEO Bob Iger and Warren Buffett’s partner-in-crime Charlie Munger passed away at 99. 😢 It’s also been extra exciting at Superhero HQ… we just unveiled our shiny new website earlier today! Do […]
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 […]
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 […]
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. […]
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 […]
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 […]