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 […]
Hey Superheroes, Wall Street just hit a new all-time high. The S&P 500 rose 0.26% on Thursday to close at 7,041.28, eclipsing its previous record set back in January. The Nasdaq joined the party a day earlier, closing at a record 24,016 and notching an 11-session winning streak, its longest since November 2021. The rally […]
Hey Superheroes, Markets flipped fast this week. A last-minute ceasefire between the U.S. and Iran wiped out weeks of tension in a single move. Oil prices plunged. Risk assets rallied. Sentiment turned almost overnight. U.S. crude oil closed down 16.4%, its largest single-day decline since 2020. Back home, the ASX 200 advanced 2.7% on Wednesday […]
Hey Superheroes, A quick note before we dive in. Spotlight is landing in your inbox on Thursday this week ahead of the Good Friday and Easter break. Normal programming resumes next week. It’s been one of those weeks where the news kept coming. Oil pulled back after Trump signalled the war with Iran could wind […]
Hey Superheroes, It’s been a volatile week for global markets. Oil has been driving the narrative. Prices surged above US$107 a barrel after fresh conflict in the Middle East, before pulling back on signs of possible diplomatic progress. Markets felt it. The S&P 500 fell 1.74% in a single session, while the Nasdaq dropped 2.38% […]
Hey Superheroes, This week had two big drivers. Rates and oil. The RBA lifted the cash rate again, up 25 basis points to 4.1%. It was a split decision and the first back-to-back hike since mid-2023. The message was clear. Inflation is still a risk, and it may stick around longer than expected. Then oil […]
Hey Superheroes, Markets had one clear focus this week. Oil. The conflict involving Iran has pushed Brent crude above US$100 a barrel for the first time since the 2022 energy shock. And the ripple effects are already being felt here in Australia. The International Energy Agency responded with a record release of 400 million barrels […]
Hey Superheroes, It’s been a bruising week for markets, with the Middle East conflict and its impact on energy markets front and centre. The S&P/ASX 200 dropped 3% this week as worries about the inflationary fallout from the Iran conflict overshadowed stronger-than-expected domestic GDP data. We also saw the end of Reporting Season so the […]
Hey Superheroes, It’s been a big week for reporting season on both sides of the Pacific. The S&P/ASX 200 hit a fresh record high above 9,100, driven by a tech-fuelled rally after blockbuster results from Nvidia lifted global sentiment, with some local tech stocks surging nearly 5%. Closer to home, it was also a massive week […]
Hey Superheroes, Markets are navigating choppy waters this week as AI disruption fears continue rattling software stocks and investors digest a mixed bag of earnings results. Tech has been under pressure, with the sector experiencing its worst stretch since September 2025. Software names in particular are getting hammered on concerns that AI tools could replace […]
Hey Superheroes, February reporting season is in full swing and the results are coming in hot and heavy. This week alone, we saw CBA and CSL report on Wednesday, with Macquarie Group (ASX:MQG) dropping numbers on Tuesday. Next week ramps up even further with BHP reporting on Tuesday, Zip Co (ASX:ZIP), Wesfarmers (ASX:WES) and Telstra […]
Hey Superheroes, February reporting season is well underway with tech stocks taking a beating. The S&P/ASX All Technology Index plunged 10.6% this week as AI disruption fears spread across software stocks. Gold also dropped below the US$5,000 price point erasing gains over the last week due to a strengthening in the U.S. Dollar following the […]