Today: 9 June 2026
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ASX:SUL 12 January 2026 - 18 January 2026

Hunting passive income? These ASX dividend stocks just got fresh buy calls — and a warning about traps

Hunting passive income? These ASX dividend stocks just got fresh buy calls — and a warning about traps

Motley Fool Australia on Jan. 18 recommended L1 Long Short Fund and Washington H. Soul Pattinson as dividend picks amid renewed interest in ASX income stocks. The S&P/ASX 200 closed Friday at its highest since October 2025. Morningstar’s Shaun Ler said the average ASX 200 yield is near 3.3%, raising questions about dividend sustainability. Rask Media warned high yields can signal underlying financial strain.
Australian stock market today: ASX 200 rises on spending jump as Light & Wonder leaps on Aristocrat deal

Australian stock market today: ASX 200 rises on spending jump as Light & Wonder leaps on Aristocrat deal

The ASX 200 closed up 0.48% at 8,759.4, led by gains in consumer and financial stocks. Light & Wonder surged nearly 18% after settling a lawsuit with Aristocrat for $127.5 million. Super Retail Group fell about 6% after warning first-half profits would miss last year’s results. Household spending rose 1% in November, official data showed.

Stock Market Today

  • City Chic Collective Limited Nears Breakeven as Analysts Forecast 2027 Profit
    June 9, 2026, 5:30 PM EDT. City Chic Collective Limited (ASX:CCX), a retailer of plus-size women's apparel across Australia, New Zealand, and the U.S., is moving closer to profitability. The company reduced its trailing-twelve-month loss to AU$5.7 million from AU$8.9 million a year earlier. Analysts project a final loss in 2026, with a turnaround to AU$3.6 million profit in 2027, implying a high average growth rate of 106% per year. Notably, City Chic carries no debt, unusual for a growth company still in the investment phase, lowering investment risk. This signals mounting investor confidence as the company approaches breakeven just over a year away. However, meeting aggressive growth targets remains critical to hitting profitability as forecasted.

Latest articles

Navitas Tumbles as $500 Million Stock Sale Interrupts Nvidia Surge

Navitas Tumbles as $500 Million Stock Sale Interrupts Nvidia Surge

9 June 2026
Navitas Semiconductor shares plunged 6.6% to $22.85 after unveiling a $500 million stock-sale program, a board resignation, and weaker chip sector sentiment, as investors weighed dilution risks and uncertainty around AI-infrastructure demand despite a new product launch and recent ties to Nvidia’s MGX ecosystem.
Epsium Enterprise Shares Surge 72% in Volatile Nasdaq Trading

Epsium Enterprise Shares Surge 72% in Volatile Nasdaq Trading

9 June 2026
Epsium Enterprise soared 72.27% to close at $2.05 on record volume over 65 million shares—more than 200 times its average—before dropping 18.54% after hours to $1.67, as traders piled into the volatile Macau beverage wholesaler despite no major news and fundamentals showing falling revenue and a net loss.
Why Hims & Hers Stock Jumped Today as Its Weight-Loss Bet Gets a Second Look

Why Hims & Hers Stock Jumped Today as Its Weight-Loss Bet Gets a Second Look

9 June 2026
Hims & Hers Health surged 6.6% to $28.98 Tuesday on heavy volume, bucking a tech selloff as investors bet on its ability to profitably scale weight-loss drug sales after a tough quarter marked by missed revenue, a surprise loss, and margin pressure from branded GLP-1s, with new international expansion and Eucalyptus acquisition in focus.
RBC Stock Hits 52-Week High Even as TSX Falls

RBC Stock Hits 52-Week High Even as TSX Falls

9 June 2026
Royal Bank of Canada surged to a new 52-week high at C$277.09 before closing up 1.24% at C$276.01, outpacing the S&P/TSX’s 0.2% drop, after reporting Q2 net income of C$5.5 billion and adjusted EPS of C$3.90, beating estimates. Despite strong results and a 58.61% year-over-year gain, risks remain as the market is not cheap and investors await the Bank of Canada’s rate decision.
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