Bad Trader Behavior, Short-Sale Breaches Stalk Australian Banks
Most recently, the Australian markets regulator sued Macquarie Group Ltd. 's local securities business, alleging the misreporting of millions of short sales for more than a decade. At rival ANZ Group Holdings Ltd., new Chief Executive Officer Nuno Matos said improving risk management is one of his key priorities after missteps plagued his predecessor.
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- Yahoo
XRP Prints Lower Highs, Volume Spikes to 169M in Sharp Reversal
Traders brace for continued downside as resistance caps at $3.04 and $2.93 floor emerges following 169M volume flush. What to Know XRP fell 4.2% during the 24-hour session ending August 6 at 02:00, retreating from $3.06 to $2.93 in a volume-driven breakdown. The session's high of $3.08 was hit at 10:00 before a sharp reversal set in. Price action accelerated at 14:00 when XRP fell from $3.04 to $2.97 on a 169.41 million volume surge — over 3x its 24-hour average of 52.73 million — establishing $3.04 as interim resistance and validating $2.93 as a local support floor. Final-hour price action confirmed bearish control. XRP slid 1% from $2.94 to $2.92 between 01:15 and 02:14, completing a high-volatility session that saw a $0.13 swing, or 4.2% intraday range. A late 02:11 volume burst of 1.6 million sealed the decline as the token printed fresh intraday lows. Price Action Summary XRP traded within a $0.13 range between $3.08 and $2.93. Price collapsed 4.2% on 169.41 million total volume. Peak decline occurred between 14:00 and 15:00 with the highest hourly sell volume. Final hour saw 1% additional downside, led by a 1.6 million trade at 02:11. Resistance caps at $3.04; support forms at $2.93. Consolidation range now sits between $2.96 and $2.97. Technical Analysis Price structure confirms rejection at $3.04 with immediate downside to $2.93 on above-average volume. The breach of short-term moving averages and failure to sustain above $3.00 point to continuation risk. Volume spikes during key selloff windows support the bearish bias. Volatility remains elevated with no clear reversal signals printed. If $2.92 fails, next support zones lie near $2.87 and $2.80 based on historical volume nodes. What Traders Are Watching Reclaim of $3.00 psychological level and defense of $2.93 zone. Whether bullish divergence emerges on intraday momentum indicators. Broader market impact from macro risk-off sentiment driven by geopolitical tensions and renewed trade instability. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
News Corp (NWS) Q4 2025 Earnings Call Highlights: Record Profitability and Strategic Growth ...
Full Year Revenue: Increased 2% to $8.5 billion. Total Segment EBITDA: Improved 14% to over $1.4 billion. Net Income from Continuing Operations: Increased 71% to $648 million. Profit Margins: Increased by 170 basis points to 16.7%. Free Cash Flow: $571 million, up from $540 million in the prior year. Fourth Quarter Revenue: Rose 1% to $2.1 billion. Fourth Quarter Profitability: Grew 5% to $322 million. Fourth Quarter Net Income from Continuing Operations: Increased 28% to $86 million. Dow Jones Fourth Quarter Revenue: Increased 7% to $604 million. Dow Jones Fourth Quarter EBITDA: Rose 10% to $151 million. Digital Real Estate Revenue: Rose 9% for the year. REA Revenue Growth: 12% for the year to $1.25 billion. Book Publishing Revenue: Increased 3% to $2.1 billion. Book Publishing EBITDA: Expanded by 10% to $296 million. News Media Profitability: Improved 15% for the year. Fourth Quarter Earnings Per Share: $0.09, compared to $0.08 in the prior year. Adjusted Earnings Per Share: $0.19, compared to $0.20 in the prior year. Warning! GuruFocus has detected 9 Warning Signs with PRCH. Release Date: August 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points News Corp (NASDAQ:NWS) reported a record year for profitability with revenues rising 2% to $8.5 billion and total segment EBITDA improving 14% to over $1.4 billion. The company authorized a new $1 billion stock repurchase program, reflecting confidence in its financial position and ability to return capital to shareholders. Dow Jones experienced strong growth, with a 7% increase in revenue for the fourth quarter and a 10% rise in EBITDA, driven by the professional information business. Digital real estate services saw a 9% revenue increase for the year, with achieving revenue growth for the third consecutive quarter despite a sluggish US housing market. Book publishing posted its second-best revenue year on record, with a 3% increase to $2.1 billion and a 10% expansion in segment EBITDA. Negative Points The overall book market showed signs of softness in recent months, impacting some divisions despite strong performance in religious and children's books. News media faced a challenging advertising environment, with a 4% decline in revenue for the quarter, partially offset by increased cover prices and subscription pricing. Factiva continued to be negatively impacted by a customer dispute, although decline rates moderated in the second half of the year. The US housing market remains sluggish due to high interest rates, affecting the potential for growth in digital real estate services. CapEx increased significantly in the fourth quarter, driven by investments in Dow Jones and other growth initiatives, which may impact short-term cash flow. Q & A Highlights Q: Can you expand on the decision to accelerate the buyback and how it relates to the Foxtel debt pay down? A: Robert Thomson, CEO, explained that the buyback scale and pace will increase, supported by improved free cash flow and the sale of Foxtel. Lavanya Chandrashekar, CFO, added that fiscal 2026 will benefit from the Foxtel sale proceeds, maintaining a conservative balance sheet without a target leverage ratio. Q: What is the strategy for and how do you see its growth areas developing? A: Robert Thomson, CEO, expressed optimism about growth in rentals, new homes, and seller segments, which accounted for 24% of revenues. The company plans to continue investing in these areas, supported by strong audience engagement and recent acquisitions like Zenlist. Q: Do you expect Dow Jones' revenue growth to continue into fiscal 2026, and what will drive it? A: Robert Thomson, CEO, highlighted growth in both professional information and consumer businesses, with risk and compliance revenues rising 21% in Q4. Lavanya Chandrashekar, CFO, noted that cost growth was mid-single digits, with margins expanding due to the higher margin profile of the professional information services. Q: Are there any updates on simplifying the company and the US housing market's impact on A: Robert Thomson, CEO, mentioned the sale of Foxtel as a simplification step and emphasized ongoing investment in which is poised to benefit when the property market improves. The company remains focused on capital returns and strategic contemplation. Q: How is AI impacting your publishing business, and what are the implications of AI-related deals? A: Robert Thomson, CEO, stated that AI has not negatively impacted search trends at Dow Jones. The company is negotiating with AI firms to recognize the importance of IP, with a mix of wooing and suing to protect property rights. Q: What factors contributed to the strong growth in Wall Street Journal subscriptions, and how can it be sustained? A: Robert Thomson, CEO, attributed growth to the Wall Street Journal's trusted content, with a 9% increase in digital subscriptions. Lavanya Chandrashekar, CFO, added that a new partnership with EEG is expected to drive further growth with higher margins. Q: Can you explain the CapEx increase in Q4 and expectations for fiscal 2026? A: Lavanya Chandrashekar, CFO, explained that the CapEx increase was due to growth initiatives at Dow Jones and Sky News studio relocation. While specific guidance wasn't provided, continued investment in key areas like Dow Jones and is expected. Q: Are there acquisition opportunities in the professional information or data subscription space? A: Robert Thomson, CEO, did not specify targets but indicated that the company is surveying the landscape from a position of strength. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Bloomberg
an hour ago
- Bloomberg
Indian Refiner Nayara Seeks New Local Bank After EU Sanctions
Mumbai-based oil refiner Nayara Energy Ltd., part-owned by Russian energy giant Rosneft PJSC, has asked government officials to broker a relationship with a domestic lender such as UCO Bank Ltd. after EU sanctions prompted greater caution among larger banks, according to people familiar with the matter. Executives at Nayara held talks with officials from the Indian finance ministry last week, the people said, asking not to be identified because discussions are private. The company is seeking a local bank to finance and wire payments for crude oil imports and to help it receive payments for refined fuel product exports, the people said. A ratings company in July said Nayara's liquidity was healthy.
