Elon Musk’s trillion-dollar payday; uncertainty creeps back into markets
Tesla shareholders have approved a US$1 trillion dollar compensation package for CEO Elon Musk, tying him to the electric vehicle maker for a decade. Plus, the Australian sharemarket has followed Wall Street on a downward tilt, thanks to concerns over tech stock valuations and economic uncertainty. For more, Stephanie Youssef spoke with Heath Moss, Portfolio Manager at HLM Investments.
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10:48
NAB results disappoint & bank sector challenges
SBS Finance Editor Ricardo Gonçalves speaks with Michael Wayne from Medallion Financial about the day's sharemarket action including why investors were disappointed with NAB's $7.1bn cash earnings full- year report.
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Bitcoin bear market & AI valuation fears
SBS Finance Editor Ricardo Gonçalves speaks with Rachael Lucas from BTC Markets about bitcoin's latest plunge while Luke Laretive from Seneca Financial Solutions takes a look at the day's trading action including a global sell-off triggered by interest rate and AI valuation concerns.
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14:47
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14:47
Rates on hold as RBA lifts inflation forecast
SBS Finance Editor Ricardo Gonçalves speaks with Laura Cooper from Nuveen and Gemma Dale from nabtrade about the RBA's decision to leave interest rates on hold and why its revised inflation forecasts risks an end to its rate cutting cycle.
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11:14
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CEO SERIES: Westpac CEO Anthony Miller on results, rates outlook, restructure and AI
SBS Finance Editor Ricardo Gonçalves speaks with Westpac CEO Anthony Miller about the bank's full-year results to find out what will drive growth in the future, and takes a look at the market reaction with David Walsh from Sarto Advisory Pty Ltd.
Australia