Nvidia's stock price was cut in half this year as rising rates drove investors away from higher-growth tech stocks. But over the past 10 years, Nvidia's stock still delivered a total return of nearly 4,500% -- making it one of the semiconductor sector's greatest growth plays.
New data has shown wages grew a measly 2.6 per cent despite a tight labour market. Here’s why that’s just not enough.
Lenders are secretly slashing as much as 2.41 per cent off their rates to keep borrowers. Here is how to get the best deal.
The major bank says back-to-back interest rate hikes will start to put downward pressure on house prices. This is what it had to say.
Biotech giant CSL expects profit to rebound in the current fiscal year, after reporting a decline for the 2021/22 year, but has also flagged higher costs as blood plasma collection volumes return to pre-pandemic levels.The vaccine and blood products supplier expects net profit for fiscal 2022/23 to range between $US2.
The local market is expected to rise this morning after a choppy session on Wall Street overnight. This is your Friday morning wrap.
The S&P; 500 and Nasdaq ended higher as an upbeat sales forecast from Cisco Systems helped to lift the technology sector, while data showed the economy remained relatively strong.Investors on Thursday were still assessing minutes from the Federal Reserve's July meeting released a day earlier, which they initially saw as supporting a less aggressive stance by the central bank.
More jobs were added in July, but with businesses struggling to attract workers, consumers may end up paying the price. Here’s what you need to know.
Centrelink recipients won’t be able to access these essential services on Saturday. Here’s what you need to know.
The number of Australians travelling abroad for leisure is returning to pre-pandemic levels, the ABS reveals.
A new green paper from the Actuaries Institute warns that climate change will only worsen the problem. Find out if it impacts you.
Tax returns are starting to land in Aussie bank accounts and if you’ve been itching for a trip, here are the best places to travel, depending on how much money you got back.
Aussies flocked out of the major cities as COVID-19 lockdowns moved most people to remote working. Here’s where the prices are starting to fall.
Super Retail Group says sales rebounded in the second half of fiscal 2022 and the new year is off to a strong start, but it's expecting that momentum to slow as interest rates hikes and inflation bite.The Supercheap Auto, Rebel Sports, BCF (Boating, Camping and Fishing) and Macpac brand owner on Wednesday reported $3.
Cloud accounting technology company Xero has warned of another year of volatility for small business customers.Xero chair David Thodey said on Thursday supply chains remain constrained, contributing to levels of inflation not seen since the 1980s, interest rates are rising, and global economic growth is predicted to slow.
The local market is expected to fall at the open this morning after a weak session on Wall Street overnight. This is your Thursday morning wrap.
Aussies with a sweet tooth were left devastated when Starburst removed its popular products from our shelves. Now they’re turning to desperate measures to get them.
With the cost of living rising, it’s no surprise that Aussies are looking everywhere they can to make some extra money. Here are some high-performing investments you’ve probably never thought of.
Transurban says its fourth-quarter toll road traffic exceeded pre-pandemic levels, but is forecasting a 2022/23 return to shareholders well below market expectations.The toll road operator on Thursday said it expects to distribute 53 cents per share in FY2023, 30 per cent higher than in 2021/22 but under consensus estimates of 60 cents.
Santos is reaping the gains of energy instability at home and abroad with a record result in the first half of 2022.The oil and gas company on Wednesday reported record production, earnings, cashflow and a tripling in underlying profit in the six months to June 30 on increased demand and rising prices.
Redbubble shares have plunged after the print-on-demand online marketplace saw a drop in active customers and said its operating expenses could rise as much as 31 per cent.The Melbourne company reported on Wednesday that revenue dropped 14 per cent to $483 million in the 12 months to June 30, compared to the prior year on a constant currency basis.
Yahoo Finance