Joanne Tran

Shares to open firm; Wall Street up asTesla, Apple help ahead of US Federal Reserve policy meeting this week.

ASX edges up, Worley tumbles 8.4pc Australian shares inched cautiously higher at midday on Tuesday, as lithium miners powered up as investors await the US Federal Reserve's rates decision this week amid sticky inflation.

The mining giant is already one of the largest companies on the ASX 200. A successful buyout bid of Anglo America could add to the heavy concentration of resource stocks on the index.

Shares are poised to drop over 1 per cent as stronger than expected US data, Amazon reports solid cloud sales; oil falls; bond yields soar. Follow here for more.

Aoris Investment Management’s Alfred Tadros says investors have missed a trick on the US payments giant and explains why Microsoft is the only magnificent seven stock to own.

Australian shares are poised to rise as tech stocks drove higher; Macquarie Bank is up for earnings today. Follow here.

Shares to rise at the open; Westpac half-year results; Reserve Bank interest rate decision this week; BHP has industry super’s blessing for Anglo American copper prize. Follow here for more.

Veteran hedge fund manager Sean Fenton has no qualms going against the crowd, buying ResMed after its collapse in 2023.

Shares are set to advance; ANZ records 7 per cent cash profit decline in first half results; RBA policy decision at 2.30pm AEST; US equities advance broadly on Fed rate cut hopes. Follow updates here.

ASX futures add 0.2 per cent. Dow rises for five straight days. Results pending from Arcadium Lithium, Goodman Group and Virgin Money UK. Follow updates here.