‘Up $200b in a day... it’s phenomenal’: The AI frenzy fuelling new tech boom
Tech stocks are bullish but Wall St on edge as a tentative US debt deal goes to the vote.
AdvertisementAdvertise with NZME.
Latest fromMarkets
Market close: NZ sharemarket takes a late dive
The index was directionless without strong leads from the US and Australia.
TradeWindow’s annual loss narrows while revenue jumps
CEO said strong growth reflected increased demand for its digital trade solutions.
Market close: F&P rises as US debt deal buoys index
End of White House impasse is substantial relief for investors.
Metroglass net loss deepens, operating earnings improve
Group earnings up 100pc, aided by surge in Australian revenue.
Mark Lister: What if the US debt ceiling isn’t resolved?
Opinion: We’ve got the small matter of the US debt ceiling to resolve.
Market close: NZ shares tumble to end the week
The index was led lower by heavyweight Fisher & Paykel Healthcare.
Jarden Brief: Ralph Lauren, Nvidia catch investor eyes
Optimism about leading position in AI chips drives stellar growth for Nvidia.
Market close: Mainfreight tumbles after delivering sombre outlook
Meanwhile, a late recovery wasn't enough as the index finished the day lower.
Cyclone and storms hit Tower half-year result; Pacific Edge’s revenue soars
Tower reports half-year net loss, while profit eludes Pacific Edge.
Jarden Brief: Meta gets sued, and sharpens axe for huge layoffs
Drama for Facebook parent - as human parents allege social media is creating teen addicts.
‘Milestone’ - Rakon pays its first-ever dividend
CEO says a reduced risk landscape, rather than investor pressure, led to profit payout.
Results at a glance: Eroad, Rakon, Napier Port
Tech firms report, Eroad squeaks to Ebit profit, Rakon pays its first dividend.
Jarden Brief: Apple teams up with new 5G partner
Apple up after announcing multi-year, multi-billion-dollar agreement.
No easy fix for high inflation environment
Fisher Funds portfolio manager Matt Peek talks about the impact of the Budget.
Market close: NZ shares dip as investors eye Reserve Bank’s announcement
The New Zealand sharemarket fell nearly half a per cent.
Infratil reports strong result, NZSA delivers verdict on Morrison’s new fee structure
Infratil near top end of guidance as two key holdings beat estimates.
Sanford to sell inshore fishing business
Salmon powers up country's biggest seafood company performance.
Market close: Revitalised Ryman wins over investors with its earnings
The index broke through the 12,000 points mark with a one per cent rise.
A capital raise for Synlait - or something more radical for balance sheet woes?
Stock Takes: Is the underperforming Synlait Milk heading toward another capital raise?
Jarden Brief: Netflix surges after revealing ad-supported tier
Millions of Netflix fans opting for cheaper option, despite ads.
Market close: NZ stocks finish slightly higher despite post-Budget dip
The index lost more than half of its gains following the Budget release.
Pattrick Smellie: A bland election year budget
A restrained budget for inflationary times and with election promises yet to come.
Jarden Brief: Tesla rallies on high hopes for Cybertrucks
Hopes for breakthrough in US debt crisis cheer up Wall Street.
NZX finds new chair after ex-SkyCity pick resigned
Stockbroker John McMahon will take the seat instead.
Xero full-year result: Analyst says earnings will surprise
Waiting for the other boot to drop.
Serko delivers stronger than expected full-year revenue, shares spike
Online bookings up 93 per cent.
Jarden Brief: Disney down as DeSantis feud continues
Home Depot missed its target, Disney's Florida feud has another episode.
‘A rounding error’: Why Govt’s $4b Budget boost doesn’t signal big spend-up
The no-frills Budget needs to focus on the basics.
Market close: NZ stocks make small gain amid inflation worries
The New Zealand sharemarket recovered in the afternoon.
Jarden Brief: Peloton gets speed wobble, Disney has dismal day
Disney+ narrowed its loss from streaming despite also losing some customers.
Market close: See-sawing act continues as stocks take a fall
A vacuum of information before reporting season is making the market more prone to swings.