Money

Why are banks rejecting VC investment?

Published

9 months ago

August 9, 2023

ticker NEWS

From once untouchable giants, now the tech industry has shown it is vulnerable to interest rate rises. That’s impacting how the financial sector is investing

Well it’s been a rough few months for the tech sector and now Australia’s Big Four banks are slashing their VC divisions.

Has it really gotten that bad?

The tech bubble is well and truly over. Tech firms that once seemed untouchable have proven shaky against the backdrop of rising interest rates and other headwinds.

This of course has impacted the venture capital industry.

In Australia three of the big four banks are reigning in their VC divisions, pursing instead a more direct investment strategy.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

11 hours ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

15 hours ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

2 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending