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ZIP News7 articles
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.
ASX Futures Point Lower as Oil Rally and Rising Yields Weigh
ASX futures fell 0.3% as oil and bond yields climbed. Energy stocks could outperform, while banks and tech face headwinds. Flash PMI and RBA Governor Bullock's remarks are due.
Zip Shares Surge 18% as FY26 Earnings Beat, FY27 Outlook Disappoints
Zip shares soared 18.2% to A$3.05 after record FY26 earnings, but FY27 guidance points to slower growth and higher credit losses.
ASX 200 Holds Steady Near 9,000 as Bank Provisions and Refinery Woes Weigh
Australian shares saw muted gains on Monday, with the benchmark index rising marginally as strength in gold miners countered weakness in financials and energy. The market remains cautious amid rising credit provisions and geopolitical oil price pressures.
Zip Co Launches $50M Buyback Amid Investor Jitters Over Flat Outlook
Zip Co plans a $50 million share buyback after its stock plunged 37% in two days. The move comes despite management forecasting flat second-half earnings and increased credit losses.
Zip Co Plunges on Subdued Profit Outlook, Tests Investor Patience
Zip Co Ltd shares crashed 34.4% following its half-year report, as a forecast for flat profit growth in the second half rattled investors. The stock hit its lowest level since May 2025.
Zip Co Shares Rally Ahead of Key Half-Year Earnings Report
Zip Co shares advanced 2.8% to A$2.58 in Sydney trading, extending a two-session rally ahead of Thursday's half-year results. The buy-now-pay-later stock often experiences significant swings around earnings announcements.