Today's ASX news
Why the IDP Education (ASX:IEL) share price has sunk 45%
The IDP Education Ltd (ASX:IEL) share price is down around 45% after giving the market a disappointing update.
June 3, 2025
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The IDP Education Ltd (ASX:IEL) share price is down around 45% after giving the market a disappointing update.
Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) shares and Brickworks Ltd (ASX: BKW) shares have announced they’re going to merge.
I think it’s a great time to invest in high-quality ASX dividend shares. Here are two that offer income investors a lot of pleasing factors.
The WEB Travel Group Ltd (ASX:WEB) share price is up more than 12% after announcing its FY25 result and a strong trading update.
The Telstra Group Ltd (ASX:TLS) share price is under the spotlight after the telco announced its Connected Future 30 strategy.
The WiseTech Global Ltd (ASX:WTC) share price is in focus after announcing a huge takeover. It’s currently up by 4%.
The Fortescue Ltd (ASX:FMG) share price is down after it announced important executive changes at the business.
The Bendigo and Adelaide Bank Ltd (ASX:BEN) share price is under the spotlight after the bank announced its FY25 third quarter update.
The Fortescue Ltd (ASX:FMG) share price is under the spotlight after the ASX mining share announced an update about its Iron Bridge project.
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