Today: 10 June 2026
Browse Category

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

  • JPMorgan Raises Tesla Price Target by 227% on Expanded Market Outlook
    June 10, 2026, 11:36 AM EDT. JPMorgan analyst Rajat Gupta sharply increased Tesla's price target from $145 to $475, a 227% rise, reflecting a fundamental shift in valuation approach. Instead of viewing Tesla solely as an automaker, Gupta values Tesla across five markets: automotive, energy storage, robotaxis, humanoid robots, and infrastructure licensing. This broader view highlights Tesla's comprehensive control of hardware, software, AI, and data, giving it a competitive edge. JPMorgan forecasts Tesla's revenue to more than double by 2030, driven by services and new tech sectors, with earnings per share nearly tripling. This aggressive outlook contrasts with bearish views focusing on Tesla's current high valuation relative to earnings.

Latest articles

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

10 June 2026
Dow drops 0.55% to 50,592 after May CPI jumps 4.2% year-on-year, matching forecasts but fueled by a 7% surge in gasoline prices and rising energy costs, as renewed U.S.-Iran tensions and sharp losses in AI and industrial stocks add to investor caution, with Super Micro Computer plunging 14.2% on $7 billion equity plans and XPO, J.B. Hunt, Old Dominion falling up to 6.2% after Amazon expands freight service.
S&P 500 Swings After Hot CPI, AI Names Under Pressure

S&P 500 Swings After Hot CPI, AI Names Under Pressure

10 June 2026
May inflation jumped 4.2%—the fastest pace since April 2023—matching forecasts but keeping the Fed on hold, as energy prices fueled the rise; S&P 500 and Nasdaq steadied after early losses, but AI-linked stocks slid, with Super Micro Computer tumbling on a $7 billion share sale plan that risks diluting investors.
Go toTop