Firmus IPO (ASX: AIF) Locks In Shares At A$11: Australia’s Biggest Float Since Telstra
Australia’s most highly valued market debut in nearly three decades has officially priced, with Firmus fixing its IPO at A$11.00 per share, drawing demand that has already blown past the base offer size. Firmus has not yet begun trading on the ASX, with its debut scheduled for October 23, 2026, but the pre-listing signals are…
Telstra Shares vs Goodman Group: The Battle for ASX Top 10 Spot
As the final quarter of 2026 starts to get going, two of Australia’s top stocks in Telstra Group (ASX: TLS) and Goodman Group (ASX: GMG) are locked in an interested contest for the last remaining spot in the ASX’s top 10 by primary market cap. The outcome into year end will likely be decided by…
Vulcan Energy Shares At Lowest Level In Years, Most Oversold on the ASX
Vulcan Energy Resources has become the most technically oversold stock on the ASX, with shares falling to six-year closing lows, as momentum proves hard to shift. The Vulcan Energy share price (ASX: VUL) closed out the opening session of the week down 2.02%, touching an intraday low of A$1.68 before settling around A$1.7, matching a…
Computershare Slides Below A$40 as Shares Pull Back From Highs
Computershare shares (ASX: CPU) have slipped below the psychologically significant A$40 level, as near-term momentum stalls after a 40% surge from calendar Q1 lows. The 4.41% pullback in the CPU share price over the past couple of weeks is modest in the context of the broader rally that carried the stock to all-time highs two…
Southern Cross Electrical Shares Breakout To New All-Time High: The Latest Look
Southern Cross Electrical Engineering shares (ASX: SXE) moved to a fresh ATH at A$5.41 on Monday, after Macquarie initiated coverage with an Outperform rating. The SXE share price rounded out the session at A$5.32, a gain of 9.69% on the day and a new all-time closing high for the stock. The move represented a decisive…
Is Cobram Estate Olives (CBO) Starting To Find Support?
Cobram Estate Olives shares (ASX:CBO) are beginning to show signs of a modest but potentially meaningful recovery to start the week, with shares closing up 1.07% at A$2.83 after a high-volume defence of the sub-$2.80 level. Yesterday’s session was more interesting than the headline move would suggest, as the CBO share price dipped briefly below…
Anthropic IPO Moves Closer: What We Know From Filings So Far
Anthropic has confidentially filed a draft S-1 with the SEC, targeting a Nasdaq debut as early as next month at a valuation exceeding $2 trillion. The prospectus details and confirmed roadshow timeline have already sent measurable ripples through the broader technology sector, as markets interpreted Anthropic’s explosive revenue trajectory as validation of sustained enterprise AI…
Nio Shares At 52-Week Lows, Early Year Rally Fades To A Memory
Nio shares (NYSE: NIO) closed out last week at a 52-week low, erasing all of the strong early-year rally, in what has been a huge shift in momentum. The stock’s dramatic reversal from a 33.66% year-to-date gain to a 34.44% loss on the period highlights just how quickly sentiment can shift in the EV sector….
Boeing Shares Reaffirmed as Buy Following 20% Drawdown
Boeing shares (NYSE: BA) have been under pressure of late, down 19.4% since August 5, sliding to $193.56 as momentum shifted in recent weeks, seeing the $200 level broken for the first time in months. The decline accelerated sharply to start last week (Sep 28), when FAA Administrator Bryan Bedford announced a temporary freeze on…
Are Western Digital Shares A Buy On The Dip?
Western Digital shares (NASDAQ: WDC) closed Friday’s session down 10.22% at $415.29, with Seagate Technology (NASDAQ: STX) caught up in the same wave of selling. The move came after reports that Toshiba plans to dramatically expand its hard disk drive manufacturing capacity, raising fresh questions about pricing in what has been a tightly supplied industry….