Editor's picks
Macquarie (ASX:MQG) shares sold off as market disappointed by FY25 Q1 update
The Macquarie Group Ltd (ASX:MQG) share price is down 4% after holding its AGM and giving the FY25 first quarter update.
July 25, 2024
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 Macquarie Group Ltd (ASX:MQG) share price is down 4% after holding its AGM and giving the FY25 first quarter update.
The Fortescue Ltd (ASX:FMG) share price is under the spotlight after the ASX mining share reported its June 2024 update.
The Flight Centre Travel Group Ltd (ASX:FLT) share price has dropped 5% in response to a FY24 profit update.
The Pilbara Minerals Ltd (ASX:PLS) share price is in the spotlight after reporting its quarterly update for June 2024.
The Woodside Energy Group Ltd (ASX:WDS) share price is down more than 2% after the ASX energy share revealed its June 2024 quarter update.
The Lynas Rare Earths Ltd (ASX:LYC) share price is under the spotlight today after revealing its quarterly report for June 2024.
The Woodside Energy Group Ltd (ASX:WDS) share price is down 2% after the ASX energy share announced a significant LNG deal.
The Adore Beauty Group Ltd (ASX:ABY) share price is up more than 4% after a pleasing FY24 update with growing revenue and customers.
The Universal Store Holdings Ltd (ASX:UNI) share price has jumped 6% after a strong FY24 update with good sales and profit in FY24.
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