Magnificent 7 tech stocks stumble, inflation hits target, White returns as king of Wisetech

Thursday 27 February 2025

The Magnificent 7 tech stocks slump, led by Tesla, and cryptos are losing their shine.

And more, including:

• Inflation prints inside the RBA’s target band, lifting hopes of more rate cuts. 
• And Westfield malls’ big plans to become residential hubs. 
• Plus Woolworths’ disappointing earnings and Richard White returns as king of Wisetech Global.

And don’t miss the latest episode of How Do They Afford That? - can ChatGPT save money on your family grocery bill? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.