Atlassian Job Cuts weighs on Tech
US-listed Australian software giant Atlassian will cut ~10% of its workforce, saying AI is reducing labour needs, with the savings redirected toward further AI investment.
Does MM think Pantoro Gold (PNR) is a buy after its 20% plunge?
Pantoro Gold (PNR) tumbles ~20% after missing output expectations.
Should we buy the current sell-off in Gold and Copper stocks?
Gold and copper stocks are enduring a tough week, with rising oil prices pushing bond yields higher and reigniting global inflation concerns.
Capstone Copper (CSC) plunges ~8% Following EPS Miss
Canadian copper miner Capstone Copper (CSC) has tumbled ~8% after missing EPS Estimates.
WiseTech Pops ~10% as it plans to cut 2000 jobs
Software giant WiseTech plans to cut 30% of its workforce in AI shift
ARB Corp down ~15% on disappointing Profit numbers
ARB shares tumbled as much as 20%, the most since 202, after the WD accessories company reported a 17% drop in net income for the half.
BHP soars to new highs after a strong result
BHP shares surge over 6% as it lifts its half-year dividend to 73c
MM Portfolios deliver solid returns during high volatility & uncertainty
MM is delighted with the performance across its portfolios in 2026 despite elevated volatility.
CSL plunges another 12%, is it time to buy?
CSL shares plunge have lower after CSL missed 1H profit missed estimates.
Commonwealth Banks (CBA) result looks good
CBA delivers a bumper $5.4bn profit, beating expectations.
Silver plunges over 15% in an hour delivering a clear sign that it’s too early to increase exposure to precious metals
Silver plunged ~15% in an hour during Thursday lunchtime, delivering a rude awakening to the bulls
RBA has raised the cash rate to 3.85% – the first hike since 2023.
At 2.30pm today the RBA raised interest rates +0.25%
Gold surges another $US100 but stocks lag
Gold’s powering tom fresh highs but gold stocks are lagging.
BHP surges through $50 for first time since 2023
BHP shares have urged through $50 reclaiming the crown of the Australia’s most valuable listed company
Paladin (PDN) surges over 13% following a strong quarter
Paladin Energy shares are surging over 13% to the highest since October 2024 after an impressive 2Q.
Xero (XRO) leads growth names higher, is the worm turning?
Xero (XRO) advances over 3% on a weak day for the ASX
DroneShield (DRO) soars over 20% while the market drifts lower
DroneShield soars after winning a $50mn military contract
The RBA holds the Cash Rate at 3.60% leaving markets nervous as to its next move
The RBA leave the cash rate at 3.6% but bond yields continue to rise.
Copper stocks surge to fresh highs
Copper surges to new highs as the electrification story gathers momentum.
Bendigo Bank (BEN) leads the Banking Sector lower
Bendigo Bank falls ~8% as review finds deficiencies with its approach to money laundering & terror financing risk.
Why is Technology One (TNE) down ~14%!
Technology One shares drop the most since 2019 after the application software firm reported missed FY25 revenue expectations
Why is DroneShield (DRO) crashing 30%!
DroneShield Ltd.’s stock plummeted after Chief Executive Officer Oleg Vornik divested A$49.5 million in shares of the Australian defense company.
Why is Commonwealth Bank (CBA) down $10!
Commonwealth Bank of Australia shares drop over 4%, the most since Aug. 13, after the lender said its headline net interest margin narrowed in the first quarter due to the mix effects of strong growth in lower yielding liquid assets.
Why is James Hardie (JHX) down 15%?
James Hardie Industries (JHX) is a global building materials company best known for its fibre cement products used in residential and commercial construction. It operates across the U.S., Europe, and Asia, supplying durable, low-maintenance cladding, siding, and related building solutions.
