Stocks most momentum from Mondays rebound after data showing services activity unexpectedly contracted stoked concerns about the underlying of the economy just as the quarterly earnings season continues.
The Australian sharemarket rallied on Tuesday, with the S&P/ASX 200 Index advancing 1.1% or 97.7 points to 8761.40 by 2:05pm AEST. The index tracked Wall Street gains amid growing expectations of a US interest rate cut in September, with markets now pricing in a total of 63 basis points of easing by year-end.
As of August 5, 2025 (mid-morning AEST), Telix Pharmaceuticals (TLX) is trading around A$16.84–16.75, down approximately 17% from its previous close of A$20.24. This sharp intraday decline aligns closely with your noted price of $17 (assuming AUD). Below, I’ll address the reasons for this correction based on recent developments and why it still represents a strong buying opportunity to add to positions.
Stocks rebounded from Friday’s big sell off, as investors rushed to buy the dip on growing expectations for a rate cut.
Revenue is vanity. Profit can be misleading. Free cash flow doesn’t lie.
In this episode of Global Alpha Bulls versus Bears, Mark and Richard discuss the recent market trends, focusing on key earnings reports from major tech companies, the impact of AI and data center expansion, and the implications of economic indicators such as employment data
The Australian sharemarket erased earlier losses to trade flat on Monday afternoon, supported by gains in gold and materials stocks. The S&P/ASX 200 index was down just 1.3 points to 8660.70 at 2:10pm AEST, recovering from an intraday low of 8630.90.
Stocks fell sharply Friday after a much weaker-than-expected jobs report triggered fears about an economic slowdown just as Amazon-led weakness in tech hit investor sentiment.
In this week’s episode of Bulls vs Bears from MPC Markets, the Mark & Jonathan dive into recent market highlights, commodity trends, stock picks, and geopolitical impacts on trading. They share insights from media appearances, discuss Trump-era tariffs, and provide a bullish outlook for the coming week amid US earnings season. Key focuses include copper, silver, Tesla, and emerging AI influences in markets.
The ASX narrowed earlier losses on Friday as a rebound in iron ore prices lifted major miners, despite renewed global trade tensions and inflation concerns. The S&P/ASX 200 was down 71.70 points, or 0.8%, to 8671.10 at 12:10 p.m., recovering from an intraday drop of 1% to 8650.9. The partial recovery followed a modest improvement in S&P 500 futures, which trimmed losses to 0.2%.
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