ASX Growth Shares
US consumer confidence declines while Rask regular Catapult soars
As earnings reports continue to roll out from the US, it was the retailers who have been the canary in the coal mine for tariff
May 22, 2025
As earnings reports continue to roll out from the US, it was the retailers who have been the canary in the coal mine for tariff
The All Ordinaries (INDEXASX:XAO) finished the week on a positive note, gaining 0.1%, once again on the back of a rally in the energy and utilities sectors, which gained 1.3% and 1.6%.
News that US inflation had fallen to just 3.2% for the year to October sent a rocket up global share markets, with the All Ordinaries (INDEXASX: XAO) gaining 1.5% and the S&P/ASX 200 (INDEXASX: XJO) up 1.4% as ten of the 11 industry sectors finished higher.
In this episode of The Australian Investors Podcast, Owen Rask is joined by 7Investing’s Dr Anirban Mahanti to explain how to value tech stocks like Zscaler Inc (NASDAQ:ZS) or Okta Inc (NASDAQ:OKTA) and more.
The All Ordinaries (ASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) were on hold ahead of the RBA’s latest board meeting and interest rate decision. Elsewhere the Zip Co Ltd (ASX: ZIP) share price was dumped by investors.