Life360 Inc (ASX: 360) shares have fallen further into the red in Wednesday lunchtime trade.

At the time of writing, the shares are down around 1.5% and are changing hands for $20.67 a piece.

The latest decline means the shares are now down 36% year-to-date, and are 56% lower than 12 months ago.

What happened to Life360 shares?

The company’s shares were caught up in a tech-sector-wide sell-off over the past year, as investors sold their tech shares amid growing fears that companies’ core services could be replaced by AI.  

The rotation away from the tech sector saw the Life360 share price steadily tumble from an all-time high of $55.44 in early October, to an annual low of $17.91 in mid-April.

But it looked like the shares had bottomed out, and they rallied through June to early August on the back of a strong quarterly result in mid-May and renewed investor confidence.

But then the company posted an unimpressive second-quarter FY26 update two weeks ago, and it once again slashed investor sentiment.

Life360 recorded a 38% increase in revenue, to US$159 million, and a 53% increase in adjusted EBITDA, to US$31.1 million.

Global monthly active users increased by 4.6 million in the quarter, bringing the total to approximately 102.4 million – up 16% compared to the previous year.

Looking ahead, Life360 still expects FY26 revenue growth to accelerate between 33% to 40% year-on-year to between US$650 million and US$685 million. Adjusted EBITDA is also still expected to be between US$130 million to US$140 million.

Clearly, investors are displeased with the result. It appears that many shareholders expected another upward revision to FY26 revenue guidance.

Since that results announcement, Life360 shares have shed 30% of their value.

What do brokers tip for the shares next?

It looks like the experts are still bullish on Life360 shares, expecting a recovery over the next 12 months.

Market Index shows that brokers currently agree to a buy rating on the shares. The $31.73 average target price implies a potential 54% upside, at the time of writing.

TradingView data shows something similar. Out of 13 analysts, 12 currently hold a buy/strong buy rating on Life360 shares. The average target price is $31.21, implying around a 51% upside at the time of writing. However, some think the shares could climb 97% to $40.76 a share over the next 12 months.

Bell Potter recently confirmed its buy rating and $34 price target on the location technology company’s shares. Ahead of the results and share price crash, the broker said it thinks the stock is trading at reasonable value.

The post Down 56%: Has the market lost interest in Life360 shares? appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Australia’s inflation rate fell again in July, although the latest figures came in slightly above economists’ expectations.

New data from the Australian Bureau of Statistics (ABS) shows the Consumer Price Index (CPI) rose 3.5% over the 12 months to July, down from 3.8% in June.

The annual rate is still moving in the right direction, although economists had been expecting inflation to come in at around 3.3%.

Prices also rose 1% during July, above forecasts for a 0.8% increase, while underlying inflation remained elevated.

So, is another interest rate hike back on the table?

What is still pushing prices higher?

Housing remained the biggest contributor to annual inflation, with prices across the group rising 5% over the year.

New dwelling prices increased 5.7%, rents were up 3.6%, and electricity prices rose 6.1%. Food and non-alcoholic beverages were also 3.2% higher, while recreation and culture prices increased 2.6%.

There were also some sizeable price moves during July.

Automotive fuel prices jumped 7.5% for the month after falling for 3 months in a row. The ABS said the increase was driven by higher global oil prices and the partial unwinding of the federal government’s fuel excise relief measures.

Domestic holiday travel and accommodation prices also rose 6.2% as demand picked up during the school holiday period.

The RBA will be keeping a close eye on the underlying inflation figures as well.

Services inflation was still running at 3.7% over the year, while non-tradables inflation was sitting at 4.4%.

Could the RBA raise rates again?

The key number for the RBA was trimmed mean inflation, which gives a better idea of what is happening with underlying price pressures.

It rose 0.5% in July and remained at 3.6% over the year, still above the RBA’s 2% to 3% target range.

That was also higher than expected, with economists forecasting a monthly increase of around 0.3%.

The RBA left the cash rate unchanged at 4.35% earlier this month after raising rates 3 times in 2026.

Minutes from that meeting showed the board considered another rate hike, but decided to keep rates on hold and wait for more data.

There are signs higher rates are already having an effect. Australia’s unemployment rate rose to 4.5% in July, while employment unexpectedly fell by 15,800.

This gives the RBA something else to weigh up as it tries to bring inflation down without slowing the economy too much.

Mark your calendar for 29 September, when the RBA will hand down its next interest rate decision.

The post Inflation falls again, but could the RBA still raise interest rates? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Betashares Nasdaq 100 ETF (ASX: NDQ) is an ASX exchange-traded fund (ETF) I would be comfortable buying with a long-term view.

It gives investors access to many of the businesses shaping how technology is used around the world, without requiring them to decide which individual company will ultimately come out on top.

Here are three reasons I would buy it now.

It gives me exposure to businesses changing how the world operates

One reason I like the NDQ ETF is that many of its largest holdings sit behind technologies that are becoming increasingly important to consumers and businesses.

Nvidia, for example, has become central to the build-out of artificial intelligence (AI) infrastructure through its advanced chips.

Microsoft approaches the opportunity from another direction. Its cloud computing and software businesses give it the chance to bring AI tools directly into products already used by companies around the world.

Then there are businesses such as Amazon, where cloud computing, ecommerce, advertising, and automation all provide potential avenues for further growth.

These businesses are helping build the infrastructure, software, and services that could shape how we work, shop, communicate, and process information for many years.

I don’t have to pick the biggest winner

Artificial intelligence is a good example of why I like the broad exposure provided by the NDQ ETF.

There are several places where value could ultimately be created.

Chipmakers may benefit from the initial infrastructure spending; cloud providers can supply computing power; software companies can develop applications for businesses; and consumer platforms may find entirely new ways to use the technology.

The balance between those opportunities could shift considerably over the next decade.

Owning the NDQ ETF lets me participate across that broader development rather than trying to predict today which company will capture the largest share of the profits.

The same thinking applies beyond AI.

Technology changes quickly, and I would rather own a collection of leading businesses than depend too heavily on my ability to identify the next major trend before everyone else does.

The fund can evolve without me doing anything

The way the index can evolve is probably one of the strongest reasons I could imagine holding the NDQ ETF for many years.

The NASDAQ-100 Index (NASDAQ: NDX) will not contain the same companies forever. Businesses that grow can become more important within the index, while others can lose influence or eventually be replaced.

That means the fund can gradually change as the corporate landscape changes.

I think this is especially valuable over a timeframe of 10, 20, or even 30 years. It would be unrealistic to expect today’s largest companies to remain in the same positions indefinitely.

Some will keep compounding. Others will eventually be overtaken by businesses that may still be relatively small today.

With the NDQ ETF, investors can participate in that evolution without continually rebuilding the portfolio themselves.

Foolish takeaway

I think the NDQ ETF gives ASX investors a simple way to own a collection of businesses positioned around some of the world’s most important long-term growth trends.

There will be periods when technology shares struggle, and the fund’s concentration in large growth companies means volatility should be expected.

But I like the idea of owning an investment that can keep evolving as new corporate leaders emerge.

The post 3 reasons I’d buy the NDQ ETF now appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon, BetaShares Nasdaq 100 ETF, Microsoft, and Nvidia. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Amazon, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.