

Uranium stocks rip, Super tax explained & why Aussie tech reaches crazy valuations
26 snips May 28, 2025
Delve into the controversial proposed superannuation tax hitting balances over $3 million and its widespread implications. Discover the surging uranium stocks driven by shifting energy demands, while BYD continues to give Tesla a run for its money in the EV race. Plus, uncover the intriguing dynamics behind the skyrocketing valuations of Aussie tech stocks compared to their U.S. counterparts. It’s a whirlwind of investment insights you won't want to miss!
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Uranium Stocks React to Policy
- Uranium stocks surged following President Trump's executive order to expand nuclear energy in the US.
- Despite short-term gains, the stocks remain below their levels from a year ago, showing long-term uncertainty.
BYD Challenges Tesla in Europe
- BYD recently outsold Tesla in Europe, marking a significant shift in the EV market landscape.
- Tesla's lead is challenged by BYD's rapid expansion despite being a newer entrant.
WiseTech's Major Acquisition
- WiseTech acquired Texas-based E2 Open for $3.25 billion, their largest deal yet.
- The market responded positively despite recent company turmoil and leadership challenges.