Famous Investor Dan Ives Calls Software Apocalypse a ‘Generational Buy’: Is He Right?
Salesforce (CRM) fell 28% year-to-date to $185.43. ServiceNow dropped 30% and Microsoft declined 17%. Dan Ives says software…
NZ sharemarket ends week down 0.1% amid AI fears – Market close
In the United States, the technology-driven Nasdaq Composite fell a further 1.51% to 22,904.58 points and lost nearly…
Tech stock plunge: Worried about your KiwiSaver going down? Here’s what you shouldn’t do
“If the recent pullback has caused concern, we would typically view that as a question around the risk-tolerance…
AI-fuelled tech stock selloff rolls on
“We’re seeing a lot of rotation from growth stocks to value stocks, moving from tech into other sectors,…
NZ sharemarket drops a whopping 1.15% – Market close
“No one has fallen off the roof here, and I don’t think there’s anything to panic about. “United…
Gentrack sell-off drives NZ sharemarket down – Market close
The bank announced late on Tuesday it would hike its two- to five-year fixed mortgage rates despite the…
Ebos Group sell-off pushes down NZ sharemarket – Market close
Fonterra’s total group profit after tax for the three months to October 31 was $278m, up $15m –…
Protesters target Kainga Ora plan to can and sell off 81-unit New Lynn social housing project in West Auckland
“It’s really in the perfect location … right next to the train station … It’s a perfect place…
AI stocks waver as Big Short investor bets against Palantir, Nvidia
“It just is super-triggering because these people … they can pick on any company in the world; they…
NZ stocks end lower while Eroad tanks – Market close
Locally, market leader Fisher and Paykel Healthcare (FPH) dropped $1.02 or 2.8% to $35.45, on turnover worth $14.7…
NZ sharemarket starts week down 0.8% – Market close
The technology-laden Nasdaq Composite slumped 3.56% to 22,204.43 points, the S&P 500 fell 2.71% to 6,552.51, and the…