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BIZARRE: 2 - You Need To See This

How Aussie universities fared in latest global rankings

A dozen Australian universities have improved their positions in the latest global rankings, led by the University of Melbourne.

AAP

Macquarie to compensate investors in failed Shield fund

Financial services giant Macquarie will reimburse investors $321 million over a failed retirement scheme which magnified concerns over the sector's oversight.

AAP

Broadcom Price Targets Just Reached Above $400 for the First Time

Just like Broadcom shares, Wall Street analysts are lifting their price targets on the stock to new heights. Two analysts now see the stock moving above $400.

MarketBeat

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Can Broadcom Stock Hit $420 in 2025?

As Broadcom capitalizes on AI-driven demand, can the company’s ASIC dominance truly propel its stock to Macquarie’s $420 target?

Barchart

Jamie Dimon isn’t convinced by the market’s theory that huge job revisions aren’t a recession indicator

“Hopefully things will be okay, but you do see that kind of weakening,” he said.

Fortune

NIO Just Got Its Second Upgrade of the Month, and It’s Big

NIO's back-to-back analyst upgrades, upcoming catalysts, and impressive momentum suggest this comeback rally is just getting started.

MarketBeat

Should You Buy the Post-Earnings Pop in MongoDB Stock?

MongoDB stock rallies as the management reports a strong Q2 and raises future guidance. But much of the upside may already be priced into MDB shares at current levels.

Barchart

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Micron To Rally More Than 49%? Here Are 10 Top Analyst Forecasts For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Benzinga

Australia’s borrowers may have to wait weeks for Reserve Bank’s rate cut to reduce their mortgage

NAB said it would wait 13 days to pass on the 0.25% cut to borrowers, while Westpac announced it would wait 14 days

The Guardian - AU

Markets cashed in on the war in Ukraine but may like peace with Russia even more, top analysts say

Russia has broken 190 different “deals” over Ukraine since 1994, so it is unlikely that Europe will stop preparing for future action from Moscow.

Fortune

The dollar is in decline because of a global ‘loss of faith in U.S. leadership,’ Macquarie says

The U.S.’s rough treatment of its former allies is one explanation for the weakening dollar, according to Macquarie analyst Thierry Wizman.

Fortune

Labor department's data upset may have sealed the deal for a base rate cut

The resignation of FOMC member Adriana Kugler also opens the door for a more dovish Fed shift.

Fortune

Amazon To Rally More Than 8%? Here Are 10 Top Analyst Forecasts For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Benzinga

Macquarie’s famed pay packages under attack from disgruntled shareholders at AGM

Investors used the group’s annual general meeting in Sydney on Thursday to vote against remuneration plans

The Guardian - AU

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AAP

Bank hit with first strike as shareholders push back

Shareholders in Australia's largest investment bank have expressed their concerns over the firm's pay report, resulting in Macquarie's first-ever strike.

Evening Standard

Southern Water boss should refuse ‘outrageous’ pay rise – Environment Secretary

Lawrence Gosden was awarded £691,000 as part of a long-term incentive plan this year on top of his £687,000 fixed pay, the firm’s annual report said.

The National (Scotland)

Keir Starmer aide's former firm in lobbying probe

KEIR Starmer’s top business adviser’s former company is under investigation for a secret meeting he arranged between finance executives and a…

The Guardian - UK

Southern Water nearly doubles CEO pay to £1.4m despite bonus ban

Lawrence Gosden’s award comes amid high levels of corporate debt, serious sewage leaks and recent hosepipe ban

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news in one place.

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Barchart

CoreWeave Seals the Deal to Buy Core Scientific. Should You Buy CRWV Stock Here?

CoreWeave shares are in focus as the AI infrastructure firm confirms plans of buying Core Scientific for $9 billion. Macquarie is sour on CRWV here.

The Guardian - UK

Macquarie digs deeper for redemption at Southern Water. There was no alternative

Infamous former owner of Thames Water coughs up more capital in bid to turn around badly performing utility

Evening Standard

Southern Water receives further £1.2bn equity injection to bolster finances

The fresh equity come as part of a deal that will also see the debt owed to its holding company lenders slashed by more than half.

The Guardian - UK

Southern Water owners to invest up to £1.2bn in troubled utility

Australia’s Macquarie leads consortium putting up funds to help firm avoid breach of regulatory licence

Fortune

War, tariffs, and Trump: What members of the FOMC will be thinking as they finalize their base rate decision today

ANALYSIS: Here are a handful of factors likely impacting the Fed’s interest rate decision being announced today.

AAP

Shareholders drag Macquarie over coals on net zero

A leading investment bank has come under pressure from shareholders demanding to know how its growing exposure to fossil fuel squares with net-zero ambitions.

AAP

Aussie shares edge higher for sixth session of gains

The Australian share market has edged slightly higher after a quiet trading session with a relative lack of news capping market volatility.

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