This Month
Bezos, Zuckerberg lead magnificent seven insider stock sales
Almost a dozen executives and directors at the firms recently boosted their share sales, earning more than $242 million since late 2023.
- Ben Stupples
America’s new moon race is billionaire v billionaire
Today’s space race looks in some ways like that of the 1960s; instead of the US v the Soviet Union, it’s Bezos’ Blue Origin v Musk’s SpaceX.
- Loren Grush
- Exclusive
- Quantum Computing
PsiQuantum in talks for bipartisan support but Coalition not swayed
PsiQuantum is confident of winning over sceptical politicians by highlighting its backing from both major parties in the US, where it has defence contracts.
- Tess Bennett
Wesfarmers flaunts its growth record, hopeful of lithium fortune
From hardware giant Bunnings and retailer Kmart, to the emerging lithium business and health unit, Mr Scott says Wesfarmers is well-placed amid a slower economic environment.
- Carrie LaFrenz
- Opinion
- Chanticleer
Beware big tech’s AI profit gap
Amazon’s stellar earnings underscore big tech’s profit challenge: cost-cutting is done, and the payoff from AI investments are still some way off.
- James Thomson
ASX drops 1pc; $200m home goes on sale; What Star CEO sacking reveals
Read everything that’s happened in the news so far today.
Amazon posts strong cloud unit sales on rising AI demand
The e-commerce company’s operating income more than tripled as Amazon Web Services and adverts provided a boost.
- Camilla Hodgson
April
‘Wealth effect’: the stocks that could gain from rising house prices
Jarden highlights its best bets, saying homeowners feeling good about their property appreciation turn to spending more on big-ticket retail items.
- Simon Evans
- Analysis
- Monetary policy
How government debt could blow up the global financial system
As Western governments shy away from debt reduction and structural reform, investors must reassess their view of “safe” assets.
- John Plender
My strange journey into the doomsday bunkers of the super-rich
The first season of Amazon’s ‘Fallout’ has captured the reality of some of the places that I had actually visited in “meatspace”.
- Bradley Garrett
Booming AI demand threatens global electricity supply
Tech chiefs warn that power-hungry data centres are a bottleneck in developing artificial intelligence. Some of them are looking at developing their own electricity supply.
- Camilla Hodgson
Data centre builders fight infrastructure for heavy cranes
Demand for the heaviest type of crane has pushed up costs at twice the rate of ordinary commercial cranes. And there aren’t enough of them.
- Michael Bleby
Star probe adjourned; BOQ’s mortgage gripe; China’s Aussie ‘assault’
Read everything that’s happened in the news so far today.
How Amazon wasted a decade trying to reinvent the supermarket
The online shopping behemoth simply failed to make the technology cheaper than a conventional store.
- James Titcomb and Hannah Boland
- Updated
- Supermarket inquiry
Woolworths, Greens in fiery clash on profits
Outgoing Woolworths boss Brad Banducci was threatened with six months in jail for contempt of the Senate, in a fiery Senate hearing that went off the rails on Tuesday.
- Carrie LaFrenz and Tom McIlroy
AI to create 150,000 jobs, claim the academics who study it
A new economic analysis by a consortium of top Australian professors has found AI should add 150,000 jobs to the economy by 2030 and boost GDP by $200b a year.
- John Davidson
Speed of development making it hard for firms to invest wisely in AI
Whether assessing safety, performance or efficiency, the groups tasked with stress-testing AI systems are rushing to keep up with the state of the art.
- George Hammond
- Opinion
- Supermarkets
Political brawls sweep the supermarket aisles
Supermarkets are once again an appealing target for politicians wanting to demonstrate their good intentions on helping consumers with cost-of-living pressures.
- Updated
- Jennifer Hewett
- Opinion
- Digital Life
Change your doorbell, change your life
Amazon’s latest battery-operated Ring doorbell has a new feature that can change the way you think about doorbells.
- John Davidson
Amazon investors eye bigger returns as cash pile grows
The online retailer could see its cash hoard surge through $150 billion this year, and shareholders are keen to pocket directly more of it.
- Jeran Wittenstein and Ryan Vlastelica