Nasdaq Composite Within Touching Distance of All-Time High, as AI Trade Returns
The Nasdaq Composite is up 2.39% to start the week at 27,156.80, leaving the index just 42 points shy of its all-time high of 27,190.21 set in June, as a powerful mix of falling yields, easing crude oil prices, and renewed enthusiasm for artificial intelligence infrastructure sent technology stocks sharply higher across the board. The…
Telix Pharmaceuticals Shares Down Double Digits: Here’s Why
Telix Pharmaceuticals shares (ASX: TLX) suffered a sharp double-digit decline on Monday, after the company unveiled a transformational US$1.65 billion deal to acquire German radioisotope leader ITM Isotope Technologies Munich. The Telix Pharmaceuticals share price closed Monday’s session down 11.71% at A$15.76, although the move needs to be placed in context against the bigger picture….
Resolute Mining Shares Erase Year-to-Date Gains In One Swoop: The Latest
Resolute Mining shares (ASX: RSG) shed all of its 2026 year-to-date gains in a single session after the company delivered a sharp downgrade to its 2026 production and cost guidance. The Resolute Mining share price opened the week with a drop of 8.49%, falling to A$1.24 and resetting the stock to flat for the year….
Codan Shares Make New ATH, Before Pausing To Test Breakout Support
Codan shares (ASX: CDA) briefly touched a record high before pulling back to test the psychologically significant A$50 level to start the week. The Codan share price began the week with a burst of momentum, printing a new all-time high of A$51.76 before profit-taking saw the stock settle at A$50.02, down 0.16% on the day….
Wesfarmers Shares Heavily Oversold, But Are Sellers Running Out of Steam?
After what has been a difficult 21.75% two-month decline, Wesfarmers shares (ASX: WES) are flashing some of the most oversold signals seen on the ASX right now, leaving markets to weigh whether a floor is forming or whether worse could be yet to come. The Wesfarmers share price closed Monday’s session down 0.4% at A$72.74, extending…
ASX 200 Remains Positive YTD, With All Ords Red: Today’s Movers
The ASX 200 rounded out the first trading session of the week with a gain of just 0.70 points at 8,731.90. The action was enough to preserve thin year-to-date gains of 0.05%, but little more. The broader ASX All Ords told a slightly more cautious tale on the day, dipping 0.04% to 8,919.90 and sitting…
Ramelius Resources Shares Lead ASX 200 Today: Here’s Why
Ramelius Resources shares (ASX: RMS) sat atop the ASX 200 leaderboard to start the week, adding 6.15% after releasing a fully funded four-year growth strategy that targets a 205% surge in gold production by FY30. The RMS share price closed out Monday’s session at A$3.80, up 6.15% on the day, with buying sustained across the…
Perpetual Shares Today’s ASX 200 Laggard: The Latest
Perpetual shares (ASX: PPT) were the worst performer on the ASX 200 today, suffering the worst single-day decline in recent memory, down 15.1% to start the week. The Perpetual share price rounded out the day at A$16.64, with the sell-off pushing the stock negative YTD, down 11.86% on the period. The magnitude of the sell-off…
4DMedical Shares Reclaim Key Moving Average: The Latest
4DMedical shares (ASX: 4DX) staged a sharp technical recovery on Friday, rallying 13.42% to close at A$4.31 and reclaiming its 200-day Simple Moving Average for the first time this month. Friday’s close at A$4.31 marked a decisive move back above the 200-day SMA, which sits at A$4.02, a level widely tracked in technical analysis as…
Xero Shares Under Pressure, Down In 12 of Last 13 Sessions
Xero shares (ASX: XRO) has seen sentiment shift dramatically this year, with the latest leg of volatility firmly to the downside. The XRO share price has fallen back close to 30% in less than a month, as a mix of fundamental, technical, and macro pressures took over from what had looked like a promising recovery…
