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ASX:FPH 26 November 2025

ASX Today: Sydney Sharemarket Jumps at Open as Fed Cut Hopes Lift Sentiment; FPH Surges, Temple & Webster Sinks, National Storage in Play – 26 November 2025

ASX Today: Sydney Sharemarket Jumps at Open as Fed Cut Hopes Lift Sentiment; FPH Surges, Temple & Webster Sinks, National Storage in Play – 26 November 2025

Sydney’s S&P/ASX 200 jumped about 1% to the mid-8,600s in early trade Wednesday, following Wall Street’s rally and rising odds of a December US Fed rate cut. Fisher & Paykel Healthcare surged on strong results, while Temple & Webster slumped after a disappointing update. National Storage REIT was halted amid takeover reports. The market awaits October inflation data from the ABS at 11:30am AEDT.
26 November 2025
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Stock Market Today

  • Rolls-Royce Shares Surge on Turnaround Progress, But Future Gains Uncertain
    June 8, 2026, 2:23 PM EDT. Rolls-Royce plc (LSE: RR) has seen its operating profit rise fivefold over three years, aided by improved margins and a record £7bn-£9bn share buyback plan for 2026-28. CEO Tufan Erginbilgiç highlights that increased cash flow from long-term service agreements (LTSAs), which provide recurrent engine maintenance revenue, is yet to fully materialize. The firm targets a return on capital of up to 26% by 2028, signaling optimism for sustained growth. However, the stock's recent surge may already reflect these expectations, raising risks if projected cash flow benefits and margin expansions are delayed. Execution challenges in aerospace and power systems add further uncertainty. Investors should weigh the strong turnaround against potential timing and operational risks moving forward.

Latest articles

Wall Street Watches Microsoft’s $37 Billion AI Bet

Wall Street Watches Microsoft’s $37 Billion AI Bet

8 June 2026
Microsoft shares fell 1.5% to $410.30 as investors weighed bullish analyst calls and NHS England’s Copilot rollout against concerns that surging AI revenue—now at a $37 billion run rate—may not outpace rising costs and margin pressure from heavy infrastructure investment.
Cerebras shares jump as Wall Street eyes AI chipmaker’s Nvidia bid

Cerebras shares jump as Wall Street eyes AI chipmaker’s Nvidia bid

8 June 2026
Cerebras shares soared about 20% to $241.44 after Wall Street analysts initiated coverage post-IPO, citing rapid demand for fast AI inference and partnerships with OpenAI and AWS; Needham set a $300 price target, while the average analyst forecast reached $295, as chip stocks broadly rebounded and the PHLX Semiconductor Index jumped over 6%.
ASML Sets New European Valuation Record; Broadcom Shows Risks in AI

ASML Sets New European Valuation Record; Broadcom Shows Risks in AI

8 June 2026
ASML’s market value soared to a European record of $691.8 billion as analysts raised estimates for its EUV machine output, driving U.S. shares up 7.1% after JPMorgan and Morgan Stanley hiked price targets, with investors betting on ASML’s control of critical chipmaking tools amid surging AI demand and factory expansions planned for 2026.
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