Tesla sales slump - but shares spike on report Musk leaving Doge
Analyst calls the sales figures 'a disaster on every metric'.
AdvertisementAdvertise with NZME.
Latest fromMarkets
Opinion: Are New Zealand’s mining royalties too low?
OPINION: Mining contributes to the economy, but relies on foreign investment.
Market close: NZX to take global centre stage following Trump tariff announcement
Reaction to policies will be visible on the NZX as it opens before other exchanges.
Trump family pushes further into crypto, starting another venture
New York Times: Two of Trump's sons have invested in a new bitcoin-mining company.
OpenAI says it raised US$40b at valuation of US$300b
Biggest ever capital raise for a start-up.
Tower shares dominate trading as NZ sharemarket rebounds
The S&P/NZX 50 Index closed at 12,312.6, up 42.6 points or 0.35%.
Second time lucky: Auckland DJ software firm sells in $175m deal
The Commerce Commission blocked a previous sale to Pioneer DJ.
Market close: Good news trumps bad news for Auckland airport
Airport's share prices rises as its weighting on S&P index increases.
Market Watch: Wall St has a history of ignoring political turmoil – can it last?
In the final episode of Market Watch, we look back at nine years of share market growth.
Tech Insider: Microsoft pulls Windows 10 support unless you pay $50 or upgrade - experts on your level of risk if you’re stranded, promising news for Ubco customers, Being AI finally finds directors
PLUS: Being AI finally finds three independent directors - and they're big names.
Why a Canadian gold mining company wants to invest $1b in Waihī
Is its investment dependent on fast-track approval?
Market close: Gentrack shares surge on speculation of major offshore contract
The company has not announced the contract but is advertising a new analyst role.
Stock Takes: Has ethical investing lost its shine?
The change of Government in the United States has put ESG investing on the back foot.
Market close: Ryman’s resurgence: Shares climb off 13-year low
The NZ sharemarket closed down 28.39 points or 0.23%.
Trump car tariffs may increase cost of some car parts, lead to more Chinese vehicles in NZ
Car industry groups are keeping a close eye on potential tariff impacts on NZ.
Market close: Prospect of US easing tariff plans injects some life into NZX
S&P/NZX 50 enjoys biggest single-day rise in four months.
Sharesies calls for tax tweaks to benefit locals with offshore investments, not just foreigners
Minister is considering changes.
$1b hub’s big payoff: NZ’s convention centre gears for economic impact
In a strong showing of early success, nine events have been announced for 15,500 people.
Market close: Spark lifts off 13-year low as NZX 50 grinds up
NZ market follows lead of the US.
Asset values up only $100m since 2022: New report on 10 biggest iwi
Most iwi had positive financial returns in 2024, an improvement on 2023: latest report
Market close: Fonterra Fund breaks through $6 a share
A strong farm gate milk price and dividend has boosted the fund.
‘The price of borrowing has gone up’: Nicola Willis' pre-Budget warning
Higher bond yields could add hundreds of millions to the Govt's finance costs.
Market close: Blue-chip stocks back in favour as sharemarket rises
But the S&P/NZX 50 index remained down 1.25% for the week.
Stock Takes: Is gold a good bet?
Gold has hit a record high this week but is it a good investment?
Market close: US Fed call and NZ GDP figures buoy investors
Channel Infrastructure counters positive GDP bump.
Fonterra’s first-half profit climbs to $729m
Fonterra raises first half profit, dividend, keeps $10/kg milk price forecast
Market close: NZ sharemarket falls again as investors await key economic data
GDP data out tomorrow will reveal if NZ is out of recession.
S&P cuts councils' credit ratings - will their borrowing costs rise?
Strength of Local Government Funding Agency counters risks.
‘Natural fit’: Kiwi crypto firm snapped up by Australian giant
The merger creates Australasia’s second-largest crypto platform by trading volume.
Market close: NZ sharemarket falls to lowest level in nine months
Fisher and Paykel Healthcare fell nearly 2% on heavy trading.
Spark faces pressure as shares hit 14-year low
A2 Milk soars, Smartpay surges amid takeover bids, NZ stocks dip.
‘Grossly unfair’: Staff at Hatch owner FNZ revolt over capital raise
Some employees say their retirement funds have disappeared due to dilution.
Market close: Sharemarket dips as Ryman completes $1 billion capital raise
The latest on the markets.
Market close: NZ shares slump more than 1% on Trump trade policy uncertainty
The sell-down in the US markets continued.