
UniSuper Turns to Cash to Navigate Market Ructions
Today's must-reads:
• UniSuper ramps up cash holdings
• Demand for Aussie bonds falls
• Australia cracks down on crypto ATMs
UniSuper is ramping up its holdings of cash to navigate market uncertainty. John Pearce, chief investment officer of the A$149 billion fund, said its cash holdings were approaching Covid 19-era levels as Donald Trump's trade war roils global markets.
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Global Lithium seals mining native title deal for Manna lithium project
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Should You Buy the Post-Earnings Dip in Under Armour Stock?
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Peter Thiel-Backed Bullish Is About to IPO. Should You Buy BLSH Stock? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Plus, last week's first-quarter earnings report only added to the pressure — shares sank in the high teens as management struck a cautious tone, warning that tariffs are expected to squeeze margins and slash profitability by roughly half in the current fiscal year. So, is this post-earnings selloff a golden buying opportunity, or a trap for bargain hunters? About Under Armour Stock Under Armour, founded in 1996, sprinted from a small idea to a global sportswear force, crafting gear built to make athletes better. From compression tees to loose-fit hoodies, running shoes to cleats, and gloves to backpacks, it blends innovation with style. 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USA Today
3 minutes ago
- USA Today
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