the daily moo
Essential sharemarket insight delivered every morning by the market strategists of share-trading platform moomoo Australia and New Zealand. We cover the latest news, explore trends, and cover three investments in our daily watchlist.
Lithium stocks smashed even as soaring demand is expected
A bounce back in the tech sector swept Wall Street, energised by Anthropic filing for its massive IPO. Some sold off big tech names recovered, and it’s a welcome change just ahead of hyperscalers reporting later this week. No big bounce for lithium though, after a savage fall in stocks in recent months. But no one questions huge demand for the commodity ahead.
Watchlist: PLS Group, XMET ETF, Coca-Cola
Check out these stocks: www.moomoo.com/quote
US$260b data centre fail: will voter backlash hurt the AI trade?
Caution is gripping markets as the US and Australia head to rate decisions, earnings results from artificial intelligence leaders and an election in America. These forces will have a powerful effect on investor sentiment, adding to the ill will building against data centres, which is already creating trouble in the sector with US$260 billion in developments cancelled.
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Tech rout deepens: the sectors benefiting from the AI sell-off
Overnight we saw a rout in technology stocks, as Meta's cash flow turned negative due to its huge AI spending bill. It shocked investors, and deepened worries for the whole sector. Stocks plummeted, dragging indices further down for the month. But it's clear investors are finding 'safer' sectors, with health, consumer and insurance sectors surging as October continue.
Check out these stocks: www.moomoo.com/quote
Who will actually make money from AI? Meta is taking the lead
US tech companies are posting astonishing earnings results, and even stronger forward outlooks, and it's all down to artificial intelligence. That sent markets up overnight, with crypto and other categories also boosted. Investors' key issue – whether huge investments in AI are paying off – is being answered. Meta is the latest example, with a clear model for profits.
Today's watchlist: SKS Technologies, Santos, Google
Check out these stocks: www.moomoo.com/quote
Down but not out: why defence stocks are looking ready to rally
Northrop Grumman's strong earnings beat provided a temporary boost, but defence ETFs remain under pressure as NATO budget increases lag behind aggressive long-term targets. Political friction over local sourcing and the US midterms add further complexity to the global defense outlook.
Today's watchlist: DFND ETF, Austral, IYH ETF
Check out these stocks: www.moomoo.com/quote
Yields are way up: are bonds finally a better buy than shares?
Even as tech shares recovered overnight, bond yields around the world won't stop rising. Now at multi-decade highs, bond yields are fundamentally changing the investment landscape. While abandoning shares entirely is a risky call for anyone seeking growth from their investments, if you're looking for income then the argument is compelling.
Today's watchlist: AGVT ETF, Micron, Judo Bank
Check out these stocks: www.moomoo.com/quote
Investor AI doubts intensify as Anthropic IPO loses US$500b
The pullback in AI stocks was deep last week, as investors rotated into the 'safer' shores of energy, consumer and other sectors. With the likes of CoreWeave and Nebius falling 25%, serious doubts emerged. And that doubt flowed into the private sector, where Anthropic, ahead of its presumed IPO next month, was savagely revalued, losing a quarter of its value.
Today's watchlist: Santos, SK Hynix, QUS ETF
Check out these stocks: www.moomoo.com/quote
We're in a supercycle: aluminium nears 2026 low, stocks rise
The aluminum market is experiencing a powerful upcycle that many analysts argue looks like a long-term commodity supercycle. As the metal's price nears a 2026 low, Alcoa's blockbuster result reveals the market's strength, driven by a severe structural supply deficit. And even as AI stocks falter this week, demand for aluminium is expected to remain firm.
Today's watchlist: Alcoa, Dell, Elsight
Check out these stocks: www.moomoo.com/quote
Insatiable demand for AI chips reveals more boom years are ahead | ASML
With orders extending four years ahead, semiconductor equipment maker ASML has eased fears there's any end in sight to the AI boom. Surging demand saw the giant Dutch company achieve record results. But it wasn't enough to offset doubts that send semiconductor stocks spiralling down 3.9% overnight.
Today's watchlist: TSMC, Santos, SKS Technologies
Check out these stocks: www.moomoo.com/quote
Are Aussie banks good value? What Wall Street earnings tell us
Year-to-date returns show a sharp divergence between US and Australian bank stocks, even as both economies share resilient labour markets. Fresh quarterly results from Wall Street highlight resilient credit quality and solid balance sheets, providing a critical read-through for ASX lenders ahead of reporting season.
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BHP, Rio or Glencore? How to play the new ASX copper boom
Glencore is listing on the ASX this week, searching for more capital to fund its ambitions copper expansion plans. It's up against BHP and Rio Tinto, as these giants pursue the huge gains from copper – one of the most in-demand metals of the modern age. It was BHP and Sandfire gaining yesterday as the copper price surged anew, alongside oil amid Middle East conflict.
Today's watchlist: BHP, Sandfire Resources, WIRE ETF
Check out these stocks: www.moomoo.com/quote
Timestamps
0:00 Market wrap (CXMT, memory names) 6:58 Aussie copper plays (Glencore, BHP, Rio Tinto) 12:51 BHP...Anthropic is beating OpenAI as its US$2 trillion IPO nears
News of OpenAI's inflated revenue figures smashed into technology stocks last week, but not enough to keep the sector down as we head into US corporate earnings season. And it's more good news for Anthropic, which is taking market share as it readies for what is expected to be a US$2 trillion IPO mid November. But keeping that share could be its biggest challenge.
Today's watchlist: LAZR ETF, Weebit Nano, JP Morgan
Check out these stocks: www.moomoo.com/quote
As global consumer appetites change, PepsiCo and others are failing
A sell off in big tech names dragged down the US market overnight after news of inflated revenue figures from OpenAI sent a shockwave through investor confidence. At the other end of the market PepsiCo slashed its forward guidance as it struggles to lift sales in the changing global consumer market – and its a big, broadening challenge to many consumer brands.
Today's watchlist: Endeavour Group, MAAS Group, Delta Airlines
Check out these stocks: www.moomoo.com/quote
Volatility and opportunity for investors in US midterm elections
Markets are recoiling from intensifying risk as global bond yields surge, driving up borrowing costs. But that reaction follows yesterday's new market highs, and precedes the impending US midterm elections, where bets are on for the Democrats to control Congress. Either way, the historical average market boost after the midterms is considerable.
Today's watchlist: QQQ ETF, Levi Strauss
Check out these stocks: www.moomoo.com/quote
Nuclear stocks shocked back to life by massive AI deals, loans
US markets hit new highs overnight, driven by gains in the big US technology stocks. Enthusiasm for the artificial intelligence trade remains strong, and is extending into aligned sectors such as energy, where data centres have insatiable need. A massive deal between Constellation and Alphabet is just the latest breaking news in this dynamic category.
Today's watchlist: URNM Betashares ETF, JB Hi-Fi
Check out these stocks: www.moomoo.com/quote
Three months left: US technology stocks will keep winning in 2026
The Nasdaq Composite reached a high overnight, even as bond yields keep rising and geopolitical risk remains high. It's indicative of investors' enthusiasm for the artificial intelligence trade, which looks set to continue as we enter another reporting season for US stocks. The big gainers of the year so far are most likely to be 2026's winners in December.
Today's watchlist: Southern Cross Electrical Engineering, ILF Latin America ETF, South32
Check out these stocks: www.moomoo.com/quote
How high can bond yields actually go?
Bond yields could climb further as price discovery normalises and yields gravitate toward strong nominal GDP growth. This ongoing upward trajectory puts pressure on highly leveraged sectors while reinforcing the need for investors to focus on quality assets with low debt.
Today's watchlist: SKS Technologies, QUAL ETF
Check out these stocks: www.moomoo.com/quote
Insatiable memory cycle: 'demand is only getting stronger'
Investor caution is keeping markets in check, with another flat US session leading into weaker performance across Australasian markets. Bond yields and the oil price remains high, though Brent futures are below US$100 this morning. AI leader Micron just reported quarterly results, and it's a clear insight into just how strong the market will be for years to come.
Today's watchlist: Micron, Sk Hynix, DXN
Check out these stocks: www.moomoo.com/quote
New winners: why the AI trade is shifting and where to invest now
Sharemarkets are flatlining as the price of oil moderates a little but bond yields remain high. Big US tech dipped overnight, but strong results from Lumentum, Carnival, Oracle and others ameliorated market losses. We're clearly seeing more divergence in the AI trade, as investors become more selective, zeroing in on promising segments and even legacy sectors getting an AI glow up.
Today's watchlist: Megaport, Bloom Energy, Codan
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There's still a unique place for gold in your investment portfolio
As sharemarkets dip under pressure from a soaring oil price and bond yields, investors seem to have few 'safe havens' to turn to. Even gold fell about 4% overnight. But its not out for the count. Gold remains a powerful hedging investment with a unique role in investors' portfolios. We explain what that is and what you can expect from the yellow metal.
Today's watchlist: GOLD, NUGG, PMGOLD, QAU, MNRS, GDX, BHP
Check out these stocks: www.moomoo.com/quote
Why we can expect rising interest rates, and a rising sharemarket
It'll be a tough start to the trading week across Australasia, though US markets continued to rise last week, with technology stocks performing well. All focus is on Australia tomorrow, with the central bank expected to raise rates again. It's part of a global cycle under way in major markets, but there's several reason investors shouldn't be worried.
Today's watchlist: Micron, Suncorp, Northern Star
Check out these stocks: www.moomoo.com/quote
How the Australian rate hike cycle will impact shares into 2027
Sharply resurgent bond yields and oil price are denting investor confidence, with markets stalling under the pressure. Technology is one of the few sectors largely holding up. Local focus is firmly on next week when the central bank decides if it will lift rates again. Bets are that it will, and a few times more after, and that will hit shares.
Today's watchlist: REA Group, Google
Check out these stocks: www.moomoo.com/quote
Where consumers are still spending and what it means for stocks
A global selloff in the bond market overnight has sent yields spiking, just as the oil price leaps above US$100 a barrel. US shares fell and local markets are following this morning. The oil price is a central reason consumers are under pressure, with Australian household spending stalling and Americans getting more selective – and stocks are reacting.
Today's watchlist: JB Hi-Fi, Costco
Check out these stocks: www.moomoo.com/quote
Why robots may trigger a massive revival in rare earths stocks
Big US technology stocks held up overnight, even as the broader market dipped, alongside the oil price. One of the best performing sectors was rare earths, the contested global commodity, which will be a focus of talks between the US and China this week. It's been a punishing year for the sector, but demand is set to rise as we enter the robotic age.
Today's watchlist: REMX ETF, Lynas Rare Earths, Micron
Check out these stocks: www.moomoo.com/quote
Meta's massive rally reveals market hope for AI agent takeover
A big market rally, fuelled by artificial intelligence stocks swept the US overnight. It's led by Meta, now changing the AI race, with its new Muse agent model that users are turning to by the millions. It is taking the lead and laying down a huge challenge to rivals. As the price of oil drops and bond yields steady, investors are re-embracing risk.
Today's watchlist: Meta, Strategy, BHP
Check out these stocks: www.moomoo.com/quote
Amid the energy crisis, the gas market is ready to shoot higher
Markets are off to a subdued start this morning, with rate rises, and high, resilient bond yields and oil price dampening investor enthusiasm. The price of oil remains high as trade is restricted in the Middle East. That includes natural gas, just as the northern hemisphere enters winter, making the gas market a critical focus right now.
Today's watchlist: Venture Global, Santos, New Hope
Check out these stocks: www.moomoo.com/quote
Why rising interest rates are a huge win for insurance stocks
A significant rally in US stocks overnight will flow into Asia-Pacific region markets today. Investors are reassured with the US central bank's outlook, and tensions eased a little in the Middle East, contributing to the buoyant mood. Insurance will be one of the key sectors to benefit in the months ahead, surfing the rising rate cycle.
Today's watchlist: XYL consumer ETF, Genesis Minerals, D.R. Horton
Check out these stocks: www.moomoo.com/quote
Rise or fall? How this US rate hike cycle will hit markets
The US has raised rates for the first time in years in a widely expected move to dampen persistent domestic inflation. Another hike is expected soon with more in the first half of next year. But rising rates may not dampen the sharemarket fire, with analysis showing a 'mild' tightening cycle is usually accompanied by a climbing S&P 500.
Today's watchlist: Suncorp, Manulife, SMCI
Check out these stocks: www.moomoo.com/quote
Where to find discounted tech stocks in an expensive market
Global sharemarkets are falling ahead of a much anticipated interest rate decision in the United States tonight. That includes the highly priced US technology sector, where few names rebounded overnight. As worry over the US AI sector continues, we look at another key global market for technology investors to see what value it can offer.
Today's watchlist: Lenovo, Coinbase, News Corp
Check out these stocks: www.moomoo.com/quote
Coal: Why the market's most hated trade keeps winning
Despite aggressive divestment policies, coal still accounts for up to 50% of electricity across major global economies. As tightening gas supplies trigger widespread gas-to-coal switching, the widening price gap between LNG and thermal coal could signal another strong run for the sector if geopolitical tensions remain high.
Today's watchlist: New Hope, Yancoal, Santos
Check out these stocks: www.moomoo.com/quote
Searing bond yields won't crash the sharemarket, just yet
A rebound in US shares on Friday sets up Australia for a positive start to the week, as investors face a rate decision in the US, an unpredictable oil price and persistently high bond yields. But, when yields rise on the back of a strong economy and labour market, and productivity gains, should we really worry?
Today's watchlist: Suncorp, Palantir, Link REIT
Check out these stocks: www.moomoo.com/quote
Absurd AI spend delivers big returns for US cloud giants
US bond yields are rocketing up alongside the price of oil. And analysts cannot see any easy solution to the worsening situation, with the US-Iran conflict to continue. The rising price of debt isn't a worry for the indebted cloud giants, with Oracle the last to report, they're proving their massive spend to build artificial intelligence capability is paying off.
Today's watchlist: Oracle, Google, New Hope
Check out these stocks: www.moomoo.com/quote
Chopped dating app stocks are urgently seeking an AI glow up
As oil rises above US$100 and bond yields spike to a three-year high, despite US government attempts to rein them in, investors are fretting about next week's rate decision by the US central bank. But artificial intelligence remains a robust trade, with Meta and SK Hynix leaping overnight. It may also save the devastated dating app stocks, in decline for several years now.
Today's watchlist: Oracle
Check out these stocks: www.moomoo.com/quote
As oil hits US$100, energy stocks' bull run is just beginning
As conflict rises between the Iran the the US the oil price is spiking. Now at a six-week high, global banks forecast it could cross US$120. But for oil producers, the focus is the long-term price, and even above US$60 that indicates strong gains for the sector, including Australian producers.
Today's watchlist: Santos, JB Hi-Fi
Check out these stocks: www.moomoo.com/quote
Gold miners are printing cash. How high can they go?
While gold prices capture the headlines, disciplined cost control has allowed gold miners to generate massive cash flows and near-record margins. With companies channeling this capital into debt reduction, buybacks, and dividends, the sector may be primed for valuation multiple expansion.
https://www.moomoo.com/au
Another five years left in the memory supercycle? Really?
It was the memory and data storage stocks lifting the US market last week. While the S&P 500 only edged up 0.1% over the five days, the memory sector leapt 9%. These stocks have run so hard for so long, you could be forgiven for thinking the end must be nigh. But the intensity of the shortage in memory products says the opposite.
Today's watchlist: Micron, Sandisk, Santos
Check out these stocks: www.moomoo.com/quote
Is the worst over for beaten-down ASX stocks?
The latest ASX reporting season has hit consumer discretionary and retail stocks hard, with heavy pullbacks across names like JB Hi-Fi and Harvey Norman. With negative sentiment peaking around interest rate hikes and weak spending, the key question is whether enough bad news is already priced in for a potential turnaround.
Today's watchlist: JB Hi-Fi, Roblox, Salesforce
Check out these stocks: www.moomoo.com/quote
Heath, insurance, software: the AI trade is broadening out
As reporting season wraps up, the AI trade is moving beyond just infrastructure and hardware plays into real-world business adoption across software, healthcare, and insurance.
Today's watchlist: Sk Hynix, Zinc, South32
Check out these stocks: www.moomoo.com/quote
Why GLP-1 weight loss pills could spark big pharma's next rally
The shift from injectable treatments to oral GLP-1 weight-loss pills is setting the stage for a major turning point across big pharma, led by the battle between Novo Nordisk and Eli Lilly. As adoption rates climb globally, this booming drug class could be poised to reshape healthcare earnings while sending ripple effects through the broader consumer economy.
Today's watchlist: Novo Nordisk, Judo Bank
Check out these stocks: www.moomoo.com/quote
Uranium miners look ready to rally
Despite a sharp recent sell-off in uranium miners, underlying commodity and long-term contract prices continue to hold near multi-year highs. This widening divergence remains underpinned by tight structural supply and surging energy demand from the AI sector.
Today's watchlist: Santos, Deep Yellow
Check out these stocks: www.moomoo.com/quote
