Money

Melbourne Cup 2023 sweepstakes: runners, rules, odds

Published

2 years ago

November 7, 2023

As the excitement builds for the 2023 Melbourne Cup, punters and racing enthusiasts are gearing up for the annual sweepstakes.

This iconic Australian horse race, known as the “race that stops a nation,” is set to captivate audiences once again. In this article, we’ll provide you with all the essential information on the Melbourne Cup sweep, including the participating runners, how to participate, and the latest odds.

How to Play the Melbourne Cup Sweep?

To join in the Melbourne Cup sweep, gather a group of friends, family, or colleagues. Each participant randomly draws a horse’s name from a hat, which determines their betting stake. As the race unfolds, the fate of your chosen horse will determine whether you win or not. It’s a fun and inclusive way to engage with the Melbourne Cup, even for those with limited horse racing knowledge.

Runners and Latest Odds

The Melbourne Cup boasts a competitive field of thoroughbred horses from around the world. With esteemed contenders like last year’s champion and newcomers vying for glory, it’s crucial to keep an eye on the latest odds. As of now, the frontrunners include “High Stakes,” “Golden Thunder,” and “Lucky Charm,” but the odds can change as the race day approaches. Staying informed about the odds will help you make informed choices during the sweep.

Money

Australia’s sharemarket set for weakest annual return in three years

Australia’s sharemarket set for weakest return in three years; gains from gold and critical minerals offset blue-chip losses.

Published

20 hours ago

December 22, 2025

Harvey Vargas

Australia’s sharemarket set for weakest return in three years; gains from gold and critical minerals offset blue-chip losses.

Australia’s sharemarket is on track for its weakest annual return in three years, with the S&P/ASX 200 Index expected to finish 2025 up around 6 per cent. Investors are feeling the impact of major losses from blue-chip companies, including Commonwealth Bank and CSL, which have dragged overall performance.

Despite the slow year, certain sectors provided a boost. Gains were largely driven by surging gold prices and rising interest in critical minerals, helping offset some of the losses from larger companies.

Smaller companies in the resources sector outperformed their larger counterparts, highlighting a shift in investor focus towards niche opportunities and high-demand commodities.

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Money

US stocks surge amid AI hype despite market volatility

US stock market bounced back, S&P 500 up 16% in 2023, driven by AI excitement amid policy uncertainties.

Published

22 hours ago

December 22, 2025

Harvey Vargas

US stock market bounced back, S&P 500 up 16% in 2023, driven by AI excitement amid policy uncertainties.

The US stock market has experienced a rollercoaster year, with the S&P 500 nearly entering a bear market in April due to tariff concerns. Investor sentiment shifted following policy changes from President Trump, setting the stage for a dramatic rebound.

By June, the S&P 500 was hitting new records, fueled by excitement over artificial intelligence and its impact on the tech sector. Corporate profit forecasts improved, contributing to an overall annual gain of 16%, despite ongoing market fluctuations.

Yet, the S&P 500 still trails international markets, reflecting lingering policy uncertainties in the US.

Investors are watching closely to see how domestic and global factors will shape the next year.

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Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Published

4 weeks ago

November 27, 2025

Harvey Vargas

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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