FEAR & GREED | Business News

The tech sector faces turbulence as the Magnificent Seven, especially Tesla, sees significant drops. Inflation is stabilizing, sparking optimism for rate cuts. Retail giant Woolworths struggles with disappointing earnings, while Westfield revamps malls into residential hubs. WiseTech's founder returns amid governance questions, and the energy sector navigates challenges influenced by political policies. Plus, the travel industry grapples with financial strains. A deep dive into cryptocurrency hints at shifting consumer attitudes, adding an intriguing twist!

Woodside Energy has a lot of oil and gas interests around the world, including some major projects in the US. Meg O'Neill, CEO of Woodside, talks about the company's results, and what the Trump administration's policies have meant both for Woodside and the broader industry.Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.auYou can watch this interview hereFind out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  ASX flat Dutton under pressure Travel co’s struggle Profits Ukraine deal Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Wednesday 26 February 2025 Investors grow increasingly nervous about the outlook for the share market on the back of mixed earnings results and volatility out of the US.   And more, including: Domino’s records its first loss in 20 years.  And the case of the stolen, golden toilet goes to court.  Plus plenty of earnings results and Donald Trump sides with Russia, over Europe. Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - can ChatGPT save money on your family grocery bill? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Yesterday Nine Entertainment announced its half-year results, with a jump in its subscription businesses and an increase in revenue, but a sharp drop in profit in part due to the withdrawal of Meta's payments for local news.But much of the focus is away from Nine's core media business, and instead on the $2.7 billion offer for Domain, which is 60% owned by Nine.Tim Burrowes, co-owner and publisher of Mumbrella, talks to Sean Aylmer about what happens to Nine if it sells Domain, and the presence of green shoots in the advertising market.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  S&P closes lower China live-fire Nine profit falls Woodside jumps Viva profit tumbles Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Listener Lisa questions why society remains attached to cash despite a shift towards digital payments. The hosts delve into who still uses cash, revealing surprising demographics. They highlight the issues cash alleviates and the challenges of a fully cashless society. Government efforts to maintain cash services and the risk of losing cash accessibility during banking outages are discussed. They ponder the future of cash, suggesting it may wane but persist in specific scenarios.

WiseTech Global faces a governance crisis as four independent directors resign over disputes, raising questions about its future. Meanwhile, political polls suggest a potential shift in power as opposition leader Peter Dutton gains traction. In an unexpected turn, petrol and diesel sales in Australia hit record levels. Additionally, Perpetual bids farewell to a $2.2 billion proposal from KKR, highlighting the ever-evolving landscape of corporate finance. The podcast also touches on market fluctuations and earnings reports revealing growth in utilities and banking.

Steven Marks, Co-CEO of Guzman y Gomez, a fast-food chain known for its commitment to quality, shares insights on the company's journey post-IPO, the largest in 2024. Despite recent investor concerns, he expresses unwavering optimism about growth in both Australia and the U.S. Steven discusses their aggressive strategy to open over a thousand locations, focusing on prime positions and excellent service. He also addresses challenges in the saturated market, emphasizing brand experience and resilience in a fluctuating economy.

Today's financial landscape showed the ASX closing flat, with notable updates on corporate earnings that caught everyone’s attention. Lovisa's disappointing performance raised eyebrows, while WiseTech Global had a standout day. There's a deep dive into profit moves and how companies are adapting their strategies in a changing economy. Plus, insights into NextDC's latest data and a push towards hybrid business models add to the dynamic discussion. Stay informed on the pulse of the markets!