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Healthcare Leads ASX Rotation as CSL Rebounds; Banks Struggle
Healthcare surged 9.2% on the ASX this week, led by CSL's strong results, while banks fell 5.1%. CPI and earnings will test the market next week.
Vertiv's $12.3B Slide Tests AI Valuation as Yields Surge
Vertiv (VRT) saw $12.3B wiped from its market value last week as rising yields pressured AI stocks. Shares fell 10.9%, testing the premium on AI-linked growth.
CSL Stock Soars 23% in a Week, Breaking Analyst Price Target
CSL shares jumped 23.3% to A$168.30, beating the average analyst price target of A$163.62, driven by strong cash profit and a positive FY27 outlook.
Tesla Jumps 5% on Nevada Robotaxi Approval, But Scaling Questions Remain
Tesla (TSLA) rallied 5.14% to $362.86 after Nevada granted a robotaxi permit allowing up to 5,000 vehicles, though the company's current unsupervised fleet is just 232, raising questions about near-term scalability.
BVB Shares Face Monday Test After Supercup Loss and Annual Deficit
Borussia Dortmund shares face Monday trading after a Supercup loss and €21.7M annual deficit. Revenue fell 12.5%, but sponsorship income rose 4.5%.
Netflix Gains $6B on 'Blood Sacrifice' Debut, But Viewership Data Still Missing
Netflix's market value jumped $6B after 'Blood Sacrifice' launched, but the lack of audience data raises questions. Shares rose 1.8% for the week, closing at $79.59.
Disney's Streaming Discipline: Marvel Cutbacks Align with 12.9% Margin
Disney's streaming margin hit 12.9% as it reverses Marvel's 'Wonder Man' renewal, signaling stricter content discipline. Disney+ adds new programming to maintain engagement.
GM, Unifor Reach Tentative Pact; Layoffs Cloud Ontario Outlook
GM and Unifor reached tentative deals covering 4,600 Ontario workers, averting a strike. However, 30% layoffs and plant uncertainties remain key investor concerns.
Constellation Energy Slips Despite Analyst Optimism
Constellation Energy shares dropped 3.4% this week, but analysts maintain targets above the close. Strong Q2 results and raised guidance underpin optimism.
Android Pulse Hits 10M Installs, Yet Alphabet's Financial Impact Remains Unclear
Google's Android Pulse passes 10 million downloads, but the financial impact on Alphabet remains uncertain. The stock rose 1.22% on Friday, with no clear link to the update.
Keel Stock Trades at 2.5x Liquidity as AI Lease Confirmation Lingers
Keel shares slipped 1.5% Friday to $3.32, trading at 2.5x liquidity. AI tenant confirmation remains outstanding, though permits are progressing.
Capricor's FDA Delay Trims Stock to Cash-Adjusted Bet
Capricor shares dropped 8% after the FDA postponed its decision on deramiocel, leaving a slim premium above cash. Analyst targets remain sharply divided.