Markets
Ivanhoe Atlantic recently pulled its $300m ASX float and will now list in New York. But the reasons behind that might bode well for the local bourse.
The response to Maas Group’s billion dollar asset sale and data centre investment has been brutal, with the stock down 25% on the ASX. But one of its biggest backers says the pivot is the right move.
Software companies are bleeding red across global markets today as fears of AI disruption grow. But the selloff might be more irrational than it looks at first blush.
A fresh wave of AI-driven anxiety has hammered US software stocks and spilled onto the ASX, as local tech firms scramble to convince investors their AI strategies can deliver real returns.
Humm Group's board infuriated investors after sitting on the buyout bid. But Credit Corp boss Thomas Beregi says he wasn't expecting his confidential offer to be made public.