Yahoo Finance Yahoo Finance morning wrap for Friday
Good morning.
Here’s what’s going on this Friday.
Australian shares are down at the open, with the heavyweight financial sector dragging and supermarkets Coles and Woolworths also losing ground.
The benchmark S&P/ASX200 index was down 21.2 points, or 0.37 per cent, at 5,640.4 at 1015 AEDT on Friday, while the broader All Ordinaries was down 20.4 points, or 0.36 per cent, to 5,714.9.
Markets are sending a worrying signal about the Australian economy. Australia’s central bank says the next move in interest rates is a hike. Yet investors are starting to embrace the idea that policy makers will be forced to cut.
There’s $152 million up for grabs for 7.88 million Aussies. NSW residents have been urged to check their eligibility for a portion of the $152 million in unclaimed money the government is currently holding. To check if you have unclaimed money, visit the Revenue NSW website – it only takes a few minutes and you could walk away with extra cash in your pocket.
Investing sounds daunting, but all the experts seem to think it’s a piece of cake. Here’s 20 pieces of investment wisdom from some of the greatest investors in the world.
If you’re wondering which companies will survive and thrive through the artificial intelligence revolution, here are 53 stocks that UBS analysts have earmarked as winners of the future.
And when it comes to good company culture, tech companies seem to do it best, taking 29 of the 50 spots in this year’s Best Company Culture list. These are the 29 tech firms from around the globe with the best company culture.
Have a great weekend.
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