ASX 200 Closes Lower as Mining Losses Outpace Energy Gains Ahead of Key Data
Markets Daniel Marsh

ASX 200 Closes Lower as Mining Losses Outpace Energy Gains Ahead of Key Data

The S&P/ASX 200 closed at 8,796.70, down 0.50%, with mining losses outweighing energy gains. Focus turns to China's loan rate decision and Australia's June jobs data.

BHP RIO ASX
Chip Sector Slump Tests Market Resilience Amid Earnings Season
Markets Daniel Marsh

Chip Sector Slump Tests Market Resilience Amid Earnings Season

A 10% slide in chip stocks has not yet triggered a broader market selloff, as strong earnings and AI-related gains offer support. Key reports from Alphabet, Intel, and Tesla are expected.

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Vodafone Shares Surge Past Niel's Block Trade Price, Volume Soars
Markets Daniel Marsh

Vodafone Shares Surge Past Niel's Block Trade Price, Volume Soars

Vodafone stock ended Friday 6.6% above Xavier Niel's block trade price, with five-day volume doubling. Analysts see potential for accelerated cost reductions and free-cash-flow gains.

VOD
Saudi Aramco Opens First Philippine Branded Station in Sucat
Markets Daniel Marsh

Saudi Aramco Opens First Philippine Branded Station in Sucat

Saudi Aramco opened its first branded station in the Philippines, selling ProForce gasoline at a 6.9% premium. The launch follows its 2025 acquisition of a 25% stake in Unioil.

PCOR EW
Rivian Stock Holds Above Offer Price Amid Dilution and Cash Concerns
Markets Daniel Marsh

Rivian Stock Holds Above Offer Price Amid Dilution and Cash Concerns

Rivian shares finished Friday at $17.46, a 12.6% premium to the offer price, after a stock sale that increased share count by 6.3% and boosted liquidity.

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Microsoft Outperforms Nasdaq as AI Spending Cycle Shows Signs of Easing
Markets Daniel Marsh

Microsoft Outperforms Nasdaq as AI Spending Cycle Shows Signs of Easing

Microsoft rose 2.3% in the past week, outperforming the Nasdaq by 5.1 percentage points, as investors look for AI capex easing. Alphabet reports Wednesday; Microsoft reports July 29.

MSFT GOOGL AMZN NVDA UBS
AI Platform Stocks Seen as Next Growth Phase After Nvidia's Run
Analysis Daniel Marsh

AI Platform Stocks Seen as Next Growth Phase After Nvidia's Run

As semiconductor stocks enter correction, AI platform operators may deliver the next upside surprise, with Alphabet's earnings on July 22 as a key test.

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Value Funds See $3B Inflow as Chip Rout Sparks Rotation
Markets Daniel Marsh

Value Funds See $3B Inflow as Chip Rout Sparks Rotation

Investors moved $3 billion into value stocks after a chip sector downturn, while growth funds lost $7.18 billion. Energy led Friday's gains despite outflows.

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Five Megacaps Face $6.5 Trillion Earnings Test This Week
Earnings James Calloway

Five Megacaps Face $6.5 Trillion Earnings Test This Week

Wall Street braces for key earnings from Alphabet, Tesla, Intel, Texas Instruments, and American Express, representing $6.5 trillion in market value.

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Earnings Season Tests AI Rally: 5 Key Questions for Investors
Earnings James Calloway

Earnings Season Tests AI Rally: 5 Key Questions for Investors

AI-related stocks face a crucial earnings test as chip indexes slip into bear market territory despite strong overall profit growth. Key questions loom over capital expenditure and demand.

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Small Caps Lead but Market Breadth Weakens; S&P 500 Falls to 7,457.69
Markets Daniel Marsh

Small Caps Lead but Market Breadth Weakens; S&P 500 Falls to 7,457.69

Small caps led the Nasdaq by 2.4 percentage points last week, but both indexes declined. The S&P 500 fell 1.55% to 7,457.69, with market breadth weak.

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CSL Recovers A$16 Billion from Low, Underperforms Plasma Peers
Markets Daniel Marsh

CSL Recovers A$16 Billion from Low, Underperforms Plasma Peers

CSL shares have climbed 37% from their low, adding A$16 billion in value, but last week's 0.35% rise trailed plasma sector rivals Grifols and Takeda.

CSL