Today: 25 May 2026
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NYSE:PINC 28 November 2025

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  • UBS Advises ASX Investors to Shift from Property to Mining Amid Downturn
    May 24, 2026, 10:22 PM EDT. UBS warns investors to reduce exposure to ASX-listed banks and real estate stocks as Australia's property market slows. The brokerage urges clients to increase holdings in mining and healthcare sectors. The caution stems from a combination of higher oil prices, rising interest rates, and government budget plans to cut tax benefits on residential property. UBS describes the economy as facing a three-pronged attack, highlighting risks ahead in the property market and signalling a sector rotation on the Australian Securities Exchange (ASX).

Latest articles

Netflix Stock Is Paused for Memorial Day. Wall Street Is Watching Its $3 Billion Ad Bet

Netflix Stock Is Paused for Memorial Day. Wall Street Is Watching Its $3 Billion Ad Bet

25 May 2026
Netflix shares closed at $88.60 Friday, down 0.8% for the day but up 1.8% for the week, outperforming the Nasdaq Composite. The company told advertisers its ad-supported plan now reaches over 250 million monthly viewers and will expand to 15 more countries in 2027. First-quarter revenue rose 16% to $12.25 billion. The board approved an additional $25 billion in share buybacks.
ServiceNow Bounces; Investors Look to Post-Holiday Moves

ServiceNow Bounces; Investors Look to Post-Holiday Moves

25 May 2026
ServiceNow shares closed at $102.13 Friday, up 2.45% on the day and 7.4% for the week after a sharp Monday rally. Shareholders approved a 38 million-share increase to its equity incentive plan. BofA reinstated coverage with a Buy rating and a $130 price target. U.S. markets are closed Monday for Memorial Day.
Stellantis Stock in Focus After $70 Billion Move Going Into Holiday Week

Stellantis Stock in Focus After $70 Billion Move Going Into Holiday Week

25 May 2026
Stellantis shares closed at $7.61 in New York Friday, up 0.66%, after CEO Antonio Filosa’s first strategy pitch and a volatile week. The company unveiled a five-year plan targeting 190 billion euros in revenue by 2030 and 6 billion euros in annual free cash flow. Milan shares rose 3.19% but remain down nearly 12% for the month. U.S. trading pauses for Memorial Day, with European markets open Monday.
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