Markets
Short seller torches Sharon AI before ASX float.
The Australian software giant’s earnings beat was driven by a pull forward in data centre revenue and strong cloud demand, but analysts and investors see strong AI signals.
The supermarket giant said in its quarterly update that its full-year EBIT growth is no longer set to be in the upper end of the guidance range.
Regal’s Phil King says the Israeli company is “one of the most exciting exposures to the defence industry on the ASX” with its products on Trump’s shopping list.
Australia is producing world-class growth companies, but weak public markets mean too much of their long-term value is ending up offshore.