the daily moo

A sharp pullback in the US technology sector sent markets tumbling overnight, led by Alphabet's huge drop as its AI business limited its search business. Other tech leaders tumbled as investors took the opportunity to dive into the climbing healthcare sector, where record results are being reported for Eli Lilly and Merck. Watchlist: DRUG ETF, Caterpillar, ResMed Check out these stocks:  www.moomo...

Amid the broad tech rally, Google is down and Microsoft up. Investors’ savage reaction to reports from AI leaders is whipsawing stock prices, eager to hear stories of greater monetisation from artificial intelligence but spooked by massive costs and disappearing free cash flow. We dissect the latest results to see what lies ahead for the hyperscalers. Watchlist: ASIA ETF, Lynas Rare Earths, Amazon...

The global tech stock rally continues, boosting US markets and lifting Australia this morning, with Anthropic fever largely behind it. That's ahead of inflation data out soon, which will could be decisive in interest rate policy here. With Aussie consumer spending changes hitting consumer stocks, another rate rise could be a savage blow. Watchlist: JB Hi Fi, Woolworths, SK Hyix Check out these sto...

A bounce back in the tech sector swept Wall Street, energised by Anthropic filing for its massive IPO. Some sold off big tech names recovered, and it’s a welcome change just ahead of hyperscalers reporting later this week. No big bounce for lithium though, after a savage fall in stocks in recent months. But no one questions huge demand for the commodity ahead. Watchlist: PLS Group, XMET ETF, Coca-...

Caution is gripping markets as the US and Australia head to rate decisions, earnings results from artificial intelligence leaders and an election in America. These forces will have a powerful effect on investor sentiment, adding to the ill will building against data centres, which is already creating trouble in the sector with US$260 billion in developments cancelled. Check out these stocks:  www....

Overnight we saw a rout in technology stocks, as Meta's cash flow turned negative due to its huge AI spending bill. It shocked investors, and deepened worries for the whole sector. Stocks plummeted, dragging indices further down for the month. But it's clear investors are finding 'safer' sectors, with health, consumer and insurance sectors surging as October continue. Check out these stocks:  www....

US tech companies are posting astonishing earnings results, and even stronger forward outlooks, and it's all down to artificial intelligence. That sent markets up overnight, with crypto and other categories also boosted. Investors' key issue – whether huge investments in AI are paying off – is being answered. Meta is the latest example, with a clear model for profits. Today's watchlist: SKS Techno...

Northrop Grumman's strong earnings beat provided a temporary boost, but defence ETFs remain under pressure as NATO budget increases lag behind aggressive long-term targets. Political friction over local sourcing and the US midterms add further complexity to the global defense outlook. Today's watchlist: DFND ETF, Austral, IYH ETF Check out these stocks:  www.moomoo.com/quote

Even as tech shares recovered overnight, bond yields around the world won't stop rising. Now at multi-decade highs, bond yields are fundamentally changing the investment landscape. While abandoning shares entirely is a risky call for anyone seeking growth from their investments, if you're looking for income then the argument is compelling. Today's watchlist: AGVT ETF, Micron, Judo Bank Check out t...

The pullback in AI stocks was deep last week, as investors rotated into the 'safer' shores of energy, consumer and other sectors. With the likes of CoreWeave and Nebius falling 25%, serious doubts emerged. And that doubt flowed into the private sector, where Anthropic, ahead of its presumed IPO next month, was savagely revalued, losing a quarter of its value. Today's watchlist: Santos, SK Hynix, Q...

The aluminum market is experiencing a powerful upcycle that many analysts argue looks like a long-term commodity supercycle. As the metal's price nears a 2026 low, Alcoa's blockbuster result reveals the market's strength, driven by a severe structural supply deficit. And even as AI stocks falter this week, demand for aluminium is expected to remain firm. Today's watchlist: Alcoa, Dell, Elsight Che...

With orders extending four years ahead, semiconductor equipment maker ASML has eased fears there's any end in sight to the AI boom. Surging demand saw the giant Dutch company achieve record results. But it wasn't enough to offset doubts that send semiconductor stocks spiralling down 3.9% overnight. Today's watchlist: TSMC, Santos, SKS Technologies Check out these stocks:  www.moomoo.com/quote

Year-to-date returns show a sharp divergence between US and Australian bank stocks, even as both economies share resilient labour markets. Fresh quarterly results from Wall Street highlight resilient credit quality and solid balance sheets, providing a critical read-through for ASX lenders ahead of reporting season. Today's watchlist: Judo Bank, IXG iShares ETF Check out these stocks:  www.moomoo....

Glencore is listing on the ASX this week, searching for more capital to fund its ambitions copper expansion plans. It's up against BHP and Rio Tinto, as these giants pursue the huge gains from copper – one of the most in-demand metals of the modern age. It was BHP and Sandfire gaining yesterday as the copper price surged anew, alongside oil amid Middle East conflict. Today's watchlist: BHP, Sandfi...

News of OpenAI's inflated revenue figures smashed into technology stocks last week, but not enough to keep the sector down as we head into US corporate earnings season. And it's more good news for Anthropic, which is taking market share as it readies for what is expected to be a US$2 trillion IPO mid November. But keeping that share could be its biggest challenge. Today's watchlist: LAZR ETF, Weeb...

A sell off in big tech names dragged down the US market overnight after news of inflated revenue figures from OpenAI sent a shockwave through investor confidence. At the other end of the market PepsiCo slashed its forward guidance as it struggles to lift sales in the changing global consumer market – and its a big, broadening challenge to many consumer brands. Today's watchlist: Endeavour Group, M...

Markets are recoiling from intensifying risk as global bond yields surge, driving up borrowing costs. But that reaction follows yesterday's new market highs, and precedes the impending US midterm elections, where bets are on for the Democrats to control Congress. Either way, the historical average market boost after the midterms is considerable. Today's watchlist: QQQ ETF, Levi Strauss Check out t...

US markets hit new highs overnight, driven by gains in the big US technology stocks. Enthusiasm for the artificial intelligence trade remains strong, and is extending into aligned sectors such as energy, where data centres have insatiable need. A massive deal between Constellation and Alphabet is just the latest breaking news in this dynamic category. Today's watchlist: URNM Betashares ETF, JB Hi-...

The Nasdaq Composite reached a high overnight, even as bond yields keep rising and geopolitical risk remains high. It's indicative of investors' enthusiasm for the artificial intelligence trade, which looks set to continue as we enter another reporting season for US stocks. The big gainers of the year so far are most likely to be 2026's winners in December. Today's watchlist: Southern Cross Electr...

Bond yields could climb further as price discovery normalises and yields gravitate toward strong nominal GDP growth. This ongoing upward trajectory puts pressure on highly leveraged sectors while reinforcing the need for investors to focus on quality assets with low debt. Today's watchlist: SKS Technologies, QUAL ETF Check out these stocks:  www.moomoo.com/quote

Investor caution is keeping markets in check, with another flat US session leading into weaker performance across Australasian markets. Bond yields and the oil price remains high, though Brent futures are below US$100 this morning. AI leader Micron just reported quarterly results, and it's a clear insight into just how strong the market will be for years to come. Today's watchlist: Micron, Sk Hyni...

Sharemarkets are flatlining as the price of oil moderates a little but bond yields remain high. Big US tech dipped overnight, but strong results from Lumentum, Carnival, Oracle and others ameliorated market losses. We're clearly seeing more divergence in the AI trade, as investors become more selective, zeroing in on promising segments and even legacy sectors getting an AI glow up. Today's watchli...

As sharemarkets dip under pressure from a soaring oil price and bond yields, investors seem to have few 'safe havens' to turn to. Even gold fell about 4% overnight. But its not out for the count. Gold remains a powerful hedging investment with a unique role in investors' portfolios. We explain what that is and what you can expect from the yellow metal. Today's watchlist: GOLD, NUGG, PMGOLD, QAU, M...

It'll be a tough start to the trading week across Australasia, though US markets continued to rise last week, with technology stocks performing well. All focus is on Australia tomorrow, with the central bank expected to raise rates again. It's part of a global cycle under way in major markets, but there's several reason investors shouldn't be worried. Today's watchlist: Micron, Suncorp, Northern S...

Sharply resurgent bond yields and oil price are denting investor confidence, with markets stalling under the pressure. Technology is one of the few sectors largely holding up. Local focus is firmly on next week when the central bank decides if it will lift rates again. Bets are that it will, and a few times more after, and that will hit shares. Today's watchlist: REA Group, Google Check out these...