Telsa Inc (NASDAQ: TSLA) is one of the world’s largest producers of fully performance and production electric vehicles, including cars and trucks; plus the associated accessories (software, charging bays, batteries, etc.). It is run by entrepreneur Elon Musk.
Here’s today’s latest S&P/ASX 200 (INDEXASX: XJO) market update by Drew Meredith, CFP, from Wattle Partners: Woolworths Group Ltd (ASX: WOW) and Coles Group Ltd (ASX: COL) added more than 1 per cent as signs of stable inflation meant hopes for stronger profit margins improved.
The local market was buoyed by another strong day of reporting by Australia’s largest companies, with both the All Ordinaries (INDEXASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) gaining 0.3 per cent on Thursday.
The All Ordinaries (INDEXASX: XAO) gained 0.5 per cent on Wednesday as positive news in China spread throughout global markets.
The advent of transformative technologies often begins inconspicuously, much like the early days of motorised carts and airplanes. How will this affect the future of tranportation modes?
CSL Limited (ASX: CSL) is currently trading at a 1-yr forward PE of 24x, a 40% premium to the ASX Industrials. 24x puts it on the same multiple as defensives like Woolworths Group Ltd (ASX: WOW), Wesfarmers Ltd (ASX: WES) and Sonic Healthcare Ltd (ASX: SHL), for ~2-3x the earnings growth!
Will Ozempic sink ResMed Inc (ASX:RMD) and CSL Limited (ASX:CSL)? Will Tesla’s Cyber Truck come to Australia? The Australian Investors Podcast explains…
The wall of worry continues to pressure the Australian share market with the escalating conflict sending both the S&P/ASX200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) more than 1% on Thursday.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.35% to 7026.50.
Pro Medicus Limited (ASX: PME) was a standout, adding 12.4%. The radiology imaging technology firm announced another $140 million ten year contract in the US as the business continues to scale quickly.
