Today's ASX news
Flight Centre (ASX:FLT) share price in focus on FY26 profit downgrade
The Flight Centre Travel Group Ltd (ASX:FLT) share price is under the spotlight after downgrading its profit guidance for FY26.
June 17, 2026
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Flight Centre Travel Group Ltd (ASX:FLT) share price is under the spotlight after downgrading its profit guidance for FY26.
The S&P/ASX 200 Index (ASX:XJO) finished Tuesday flat after the RBA rate decision to hold the cash rate at 4.35%.
The S&P/ASX 200 Index (ASX:XJO) is up 1.35% in response to the US and Iran reportedly completing a peace deal.
The Space Exploration Technologies Corp (NASDAQ:SPCX), AKA SpaceX, share price jumped 19% on its first day of trading.
The Woodside Energy Group Ltd (ASX:WDS) share price is down around 2% amid its Browse investment decision.
The Magellan Financial Group Ltd (ASX:MFG) share price jumped 5% on positive news about the Barrenjoey merger.
Space Exploration Technologies Corp (NASDAQ: SPCX), AKA SpaceX, has raised US$75 billion in its initial public offering (IPO).
I think these ASX shares have an incredible outlook for the long-term, amid all of the uncertainty right now.
The Wesfarmers Ltd (ASX:WES) share price is in focus after releasing its investor day. It has a number of exciting growth plans.
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