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Block Inc (ASX: XYZ), the payments company behind Cash App and Afterpay, ended the week sharply lower following a disappointing quarterly earnings report and revised guidance. The company's shares plunged as much as 33% in early trading on Friday, hitting a 52-week low of …
Citi trims FY25–27 earnings forecasts following weaker-than-expected FUMA figures.
Highlights
AMP Ltd (ASX: AMP) shares have been showing little movement today, trading at AU$1.11, the same level as yesterday's close. After a brief rise of more than 1% in early trading, the stock has reverted to its previous value. Meanwhile, the S&P/ASX 200 Index …
The Bank of Queensland Ltd (ASX: BOQ) share price is climbing higher on Wednesday following the release of its half-year financial results for the period ending 28 February 2025.
Australian shares saw modest gains on Tuesday, supported by energy stocks and miners, although the overall market remained restrained. The S&P/ASX 200 index (ASX: AXJO) was up by 0.2%, reaching 7,766.80 points by early afternoon.
Highlights
Goldman Sachs analysts have shared their thoughts on GQG Partners Inc (ASX: GQG), suggesting that it may offer a significant upside for investors, with a 50% potential return based on the current share price. Despite some recent market challenges and downgrades, the investment company’s …