Fund managers under 4% cash as SpaceX demand far exceeds planned supply
Cash on the sidelines is under 4% and reported demand for the SpaceX IPO dwarfed the planned $75bn sale. That mix could blunt a market sell-off in the short term.
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SpaceX priced its IPO at $135, valuing the company at $1.75 trillion and raising $75bn. Read how the fixed-price sale, retail allocation and overallotment affect market flows.
Cash on the sidelines is under 4% and reported demand for the SpaceX IPO dwarfed the planned $75bn sale. That mix could blunt a market sell-off in the short term.
Wegovy hit 3 million US prescriptions, accelerating the GLP-1 pill race as Medicare will cover weight-loss drugs in 2026 and shift costs for millions.
Quentin and Kylie Birt pledged $40m to FightMND as 88,000 fans at the MCG took part in Big Freeze, highlighting big philanthropy and grassroots fundraising for MND.
VCAT ordered Victoria Police pay Joanna Adams $28,000 after finding they unlawfully disclosed her pregnancy, breaching the Health Records Act and Charter.
From July 2027 a 30% minimum tax will apply to net capital gains, ending the 50% discount and limiting negative gearing to new homes. Senate vote next.
Lululemon beat Q1 revenue and EPS but cut fiscal 2026 sales and EPS guidance, pushing shares down about 10%. Management blamed product problems now.
Honeywell Aerospace forecasts $4.65bn-$4.75bn adjusted EBIT and $1.0bn-$1.5bn H2 free cash flow ahead of its planned June 29 Nasdaq listing as HONA.
The government will impose a 30% minimum capital gains tax from 1 July 2027, exempting Age Pension recipients. What the change means for retirees and advisers.
HPE stock jumped 30% after April-quarter results lifted revenue and guidance, as networking sales surged 148% and management accelerated long-term targets.
The Albanese government’s upcoming $1,000 tax deduction for work expenses aims to save taxpayers money but raises questions about who benefits most and
Melbourne Fringe will keep a 35 per cent venue cut for its 2026 festival. An open letter with 580 signatories demanded a 30 per cent split and fee changes.
Three-layer method to extract stock tickers with far fewer false positives. Pattern matching, SEC company_tickers.json validation and short context checks.
Leaked NT Health data show 163 diphtheria cases from Jan 2025 to May 2026, rising before the March 25 alert. Campaigns delivered 10,407 vaccine doses.
South Korea crypto tax set at 22%: staking and lending income will be taxed from 1 Jan 2027 above a KRW 2.5m exemption. NTS is drafting guidance.
Apply for the Age Pension at 67 via myGov in 3 steps: prepare your documents, link Centrelink, then lodge your claim. Submit within 13 weeks to avoid expiry.
Delaware court refusal of AMC's preferred-to-common conversion sent shares up 21%. Legal and capital-structure moves often spark retail-led trading swings.
SEC eyes gun-jumping changes after 20 years to loosen limits on issuer outreach and speed IPOs. Markets say enforcement timing will decide deals soon.
Dataset had 23.2% defaults for an AI that scores SME loans. We explain the 61 signals, class imbalance, label quality and limits of production models.
Academic back-tests of a quantamental model on Chinese equities report large in-sample returns. Researchers urge open replication and out-of-sample tests.
TFN at 14: three application routes for Australian residents, what ID the ATO accepts, and realistic timelines for Australia Post and paper lodgements.
A dev.to post says a misconfigured load balancer caused duplicate requests and a 5% error rate on an e-commerce platform, fixed by switching to NGINX.
A 1% wealth tax equals roughly a 20% tax on capital income if assets return 5% a year. Practical arithmetic and what it implies for Australian taxpayers.
US 30-year yields hit 5.18% as the bond market repriced after the Iran conflict, lifting long-term borrowing costs and squeezing government budgets.
Nvidia expands buyback and posted $73.1bn in data-centre revenue, reshaping AI stock risk and index exposure. Watch options and guidance for the next move.