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Almost every industry in the world has improved itself by using technology. It makes the process more efficient and usually more profitable. Plenty of the best performing businesses come from the technology sector. I think the next two ASX tech shares could be good ones to consider: Pushpay Holdings Ltd (ASX: PPH) Pushpay has been one…
ASX falls 1.5%, Origin’s Octopus win, energy boom The S&P/ASX200 (ASX: XJO) fell another 1.5% on Tuesday as a spike in bond yields in the US and a lack of clarity on the US debt ceiling put markets into a tailspin. Every sector was lower with healthcare the hardest hit, dragging down over 3% on the back of a 3.8% fall…
Financial, travel push market higher, bidding war for Priceline owner The S&P/ASX200 followed a positive global lead to post a strong opening to the week, finishing 0.6% higher. Most sectors improved outside of the ‘defensives’ with healthcare, down 1%, and consumer staples underperforming. Globally, markets were buoyed by a resurgent oil price as weaker supply collides with strong demand across highly…
You can do a lot with a well-thought-out nudge, but you probably can’t solve either of the crises of the moment, covid-19 and climate change, according to Richard H. Thaler. The behavioural economist and Nobel Laureate addressed a predominantly Australian webinar audience last week (August 24), organised by the University of Sydney Business School, where…
The Temple & Webster Group Ltd (ASX: TPW) share price could be a buy for a few different reasons. For people that haven’t heard of Temple & Webster, it’s an Australian online retailer that sells a large array of furniture and homewares. Lots of those products are actually shipped straight from suppliers to customers. However, the company…
The Zip Co Ltd (ASX: Z1P) share price is rising after it announced it is entering the Indian buy-now, pay-later (BNPL) market. Zip invests in Indian BNPL business Zip announced that it is making an investment in leading Indian BNPL company ZestMoney. ZestMoney is the largest fully automated, AI-driven BNPL platform in India. It has 11 million…
If you are new to investing or even a seasoned professional, finding the right place to invest to ultimately grow your wealth can be a daunting and stressful task. Knowing what to invest in and when to invest are potentially the biggest decisions one will make. Your individual investment approach or philosophy will ultimately determine…
While the last 12 months has been relatively smooth sailing as far as economic growth is concerned, concerns are rising that the September quarter figure is likely to contract quite sharply. At the end of 2020 and start of 2021, the economy rebounded strongly from Covid-19, recording growth of 3.1% in the December quarter and…
Evergrande Group (HKG: 3333) has dominated headlines, news bulletins and investor psyches in recent weeks, with long-held concerns about China bubbling to the surface once again. Put simply, Evergrande is China’s largest property developer, and a group that has been central to the boom in Asia’s credit markets in recent years. The group has also…
ASX falters, oil hits multi-year high, Domain’s record, central banks dominate The S&P/ASX200 (ASX: XJO) finished the week on a negative note, falling 0.4% dragged lower by the real estate sector, which fell 2.1%. The materials sector continued its recent weakness, down 1.3% behind another 1.7% fall in BHP (ASX: BHP) despite the iron ore price finally settling. The real estate sector sold off heavily seemingly on the…
Rally continues despite dividend drag, Premier profit doubles The S&P/ASX200 (ASX: XJO) continued its strong recovery adding another 1% on Thursday after the Federal Reserve committed to continue bond purchases until at least the end of the year. The strength was broad-based with every sector finishing higher, tech, energy and utilities were the highlights with each jumping…
Risk reduced, Evergrande default delayed, Zip’s expansion Amid growing concerns that the S&P/ASX200 (ASX: XJO) was set for a significant sell off, positive news from China saw the market rally throughout the session. The market ultimately finished 0.3% higher with materials and mining adding 2%, starting to recoup the losses of the last few weeks. Yesterday’s losers were today’s winners,…