Investing

Australia’s national carrier Qantas has seen its statutory profits after tax take a near-30% hit, which the airline says is due to moderating fare prices.

While 74% of companies are seeing positive returns, Vice President of Global Generative AI Go-To-Market for Google Cloud Oliver Parker says C-level buy-in boosts them.

Six Australian companies have earned spots on the 2024 Forbes Asia 100 to Watch list. The annual list, now in its fourth year, highlights emerging businesses across the region, with this year’s entries collectively raising over $2 billion in funding.

The share price of PDD Holdings, Temu’s parent company, plummeted Monday morning.

Few mutual fund managers can come close to this former Legg Mason portfolio manager’s 15-year market-beating record. Below he discusses lessons he has learned, plus his firm’s top ten holdings.

Coaching programs that rely on artificial intelligence are cheap, accessible and increasingly popular. But privacy questions and skepticism over the quality of non-human answers could slow adoption.

Ten-year-old startup Andela, valued at $1.5 billion, expects to grow its tech contractor marketplace by 15% this year.

Cursor’s AI code editing and autocompletion tools have gained popularity among engineers at leading AI startups like OpenAI and Midjourney.

Tech billionaire Mike Cannon-Brookes’ Sun Cable won the Australian government’s approval to build the first phase of the $20 billion undersea cable that will deliver solar-generated electricity from Darwin to Singapore.

Cooper’s podcast has ranked as the second-biggest on Spotify since 2021, only behind “The Joe Rogan Experience.”