This week Elon changes his mind, Credit Suisse does damage control and petrol prices may be heading higher. These are the five big stories from the week that was. 1. What the X? Elon Musk sent Twitter shares flying this week after changing course yet again, agreeing to buy the social media giant at his […]
This week Harley-Davidson spun off its electric motorcycle division, LiveWire, into its own publicly traded US$1.8 billion company, the first of its kind on Wall Street. These are the five big stories from the week that was. 1. New Hog Harley-Davidson (HOG) has spun off its electric motorcycle division, LiveWire, into the first publicly traded […]
A spate of high-profile hacks have shaken up businesses this week, spanning from Take-Two Interactive to Optus. These were the five big stories this week. 1. Take-Two Hack Take-Two shares dropped this week after the game studio was hit by one of the biggest leaks in video game history. Footage and source code was stolen from […]
This week’s launch event saw Apple make its pitch to customers for the next 12 months, unveiling a slew of new features while freezing prices in most markets. These are the five big stories from the week that was. 1. The Big Apple An iPhone that can detect a car crash? An Apple Watch that […]
The market continues to shift to a profit mindset as Snap became the latest company to focus on its bottom line this week. But while that might look like job cuts at Evan Spiegel’s social media platform, other companies chase new markets and new products to get them there. These are the five big stories […]
Australia’s supermarkets, convenience stores and even fast-food chains like Domino’s all sang from the same songbook this week, blaming price hikes on rising inflation. As spending tightens, consumer brands are having to adapt to the times while miners continue to ride a resources boom. These are the big stories from the week that was. 1. […]
Elon Musk sets off a buying spree at Manchester United, Apple is bringing more ads to a device near you and Nearmap receive some billion-dollar interest. These are the 5 big stories from the week that was 1. Kick on Manchester United shareholders are cheering after Elon Musk tweeted he was going to buy the […]
A tech rally has pushed the Nasdaq back towards towards bull market territory as Apple refuses to cut back production on the iPhone. These are the five big stories from the week that was. 1. Relief rally Could U.S. inflation have finally peaked? Data shows it fell from a 40-year-high of 9.1% to 8.5%, a […]
Forget all the talk about the ‘new normal’ because Airbnb and Uber are showing us that it’s just like things used to be. Holiday bookings and rideshare numbers have now either returned to or surpassed pre-pandemic levels as the world gets out and about (it sure beats sitting around at home, that’s for sure). These […]
Macca’s is taking drastic measures to find workers as labour shortages continue around the country. Meanwhile Apple and Amazon defy an advertising downturn and Meta dials back its TikTok impersonation. These are the five big stories from the week that was. 1. McBonus Australian unemployment is at a 48-year low and businesses are trying desperate […]
When Elon Musk announced Tesla was adding US$1.5 billion worth of Bitcoin to its books, it helped ignite a major crypto rally. Eighteen months later, the market looks very different. As the U.S. flirts with a recession and seriously delays hamper the automaker’s production line, Tesla is in need of cash. These are the five […]
The story behind Flight Centre is well known. It starts with a double-decker bus in Europe, evolves into Top Deck, and ends up as a multi-billion travel company operating out of 23 companies. As pandemic restrictions unwind, things are broadly looking up for travel but not all investors are buying the travel recovery story. These […]