ASX to fall, but week hinges on RBA speech and Wall Street earnings
The local stockmarket's performance will also be heavily influenced by a string of results from major global companies including Alphabet and Tesla, which will set the direction of Wall Street and drive Australian shares.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
AU Financial Review
40 minutes ago
- AU Financial Review
Alphabet CEO Sundar Pichai is now a billionaire as shares soar
Alphabet's earnings beat Wednesday was the latest milestone in what's been an explosive run since early 2023, during which the company has added more than $US1 trillion ($2 trillion) in market value and returned about 120 per cent to investors. It's also made its CEO, Sundar Pichai, a billionaire. With Alphabet's shares approaching an all-time high, Pichai, 53, is now worth $US1.1 billion, according to the Bloomberg Billionaires Index. That's a rare feat for a non-founding chief executive officer, especially in a tech industry where many top executives — including Meta's Mark Zuckerberg and Nvidia's Jensen Huang — owe their fortunes to founding equity stakes in their companies.
SBS Australia
3 hours ago
- SBS Australia
The plan to make Australian workers $14,000 richer
The plan to make Australian workers $14,000 richer Published 25 July 2025, 9:01 am The Productivity Commission is urging the government to prioritise economic growth to fix Australia's decades-old productivity problem. The Commission's latest report found that for the last twenty years governments had arguably ignored or minimised economic growth, when making policy choices.
SBS Australia
3 hours ago
- SBS Australia
Trump praises Australia lifting restrictions on US beef imports
Trump praises Australia lifting restrictions on US beef imports Published 25 July 2025, 9:00 am US President Donald Trump has seized on Australia's move to relax restrictions on beef imports and is now pressuring other nations to do the same. The Australian government maintains the call had no link to tariff negotiations, but warned there cannot be a return to what it called "the law of the jungle".
