Author: openjargon

  • Rivian’s CEO said self-driving cars shouldn’t just be able to drive, but also run errands for you like a secretary

    Rivian CEO Robert "RJ" Scaringe speaks at the launch of the Rivian R3X electric vehicle at the Rivian South Coast Theater in Laguna Beach, California, on March 7, 2024.
    Rivian's CEO RJ Scaringe said self-driving cars should be able to do a lot more than drive.

    • Rivian wants its cars to do more than drive themselves.
    • CEO RJ Scaringe said he wants them to be able to coordinate servicing so their owners don't have to.
    • The company is gearing up to start production of the R2, a $45,000 SUV, which is its cheapest EV to date.

    Rivian CEO RJ Scaringe wants his EVs to be able to service themselves.

    In an interview with Fortune released on Tuesday, the host asked Scaringe what AI should and shouldn't do in a car. Scaringe, who is also the automobile company's founder, replied that self-driving capabilities have been talked about for years in the EV industry, but he wants his cars to go beyond that.

    Scaringe said he was "very bullish" on his cars being self-driving in the next couple of years, such that "you can own a car, but it can drop you at the airport, it can pick your kids up from school, it can go get things from the store for you."

    But beyond driving, he said the car can help with a lot of things that people don't want to be doing, like handling service appointments.

    "So if the vehicle has an issue, it's actually not a positive part of the customer experience to have to coordinate a service activity or to coordinate parts, deliver any of those things."

    "We want all that to happen behind the scenes and all that to be powered through AI," he said.

    Scaringe's comments echo those of Rivian's software chief, Wassym Bensaid, from last year.

    "We are not necessarily chasing full self-driving, we're not chasing robotaxis," Bensaid said to Business Insider. "Our goal is incremental improvements to the safety and convenience for customers."

    The carmaker does not currently have fully autonomous cars. But its Gen 2 models come with the Rivian Autonomy Platform features, which can automatically steer, brake, and accelerate on select highways, among other capabilities.

    The company is now gearing up to start production on its cheapest EV to date, the R2 model, which will be a $45,000 SUV.

    Rivian, which is headquartered in Irvine, California, has seen its stock price rise by 33% since the start of the year. However, the company has endured multiple rounds of layoffs in recent years, with the most recent — a 4% cut in its workforce — announced in October.

    In November, Rivian doubled Scaringe's pay package from $1 million to $2 million, along with performance-based stock options that could be worth up to $4.6 billion, per an SEC filing.

    Read the original article on Business Insider
  • Trump defends tariffs as he launches economic tour: ‘You can give up certain products. You could give up pencils.’

    U.S. President Trump in Pennsylvania
    President Donald Trump launched an economic tour, defending his tariff policies and record.

    • President Donald Trump launched an economic tour, defending his tariff policies and record.
    • The rising cost of living and affordability are key issues ahead of the midterm elections.
    • Trump has rolled back some tariffs, especially on food, amid ongoing inflation concerns.

    President Donald Trump is standing by his tariffs, at least in theory.

    Under the banner "Lower Prices, Bigger Paychecks," Trump kicked off the first of a series of speeches to promote his economic message in Mount Pocono, Pennsylvania, as polls indicate the country is increasingly concerned about the rising cost of living.

    "They always have a hoax," Trump told the crowd, referring to criticism from Democrats that his policies drove up prices. "The new word is 'affordability.'"

    "Democrats are like, 'prices are too high.' Yeah, they're too high because they cause them to be too high," Trump added. "But now they're coming down."

    Later, he said, "I can't say affordability is a hoax because I agree the prices were too high. So I can't go to call it a hoax because they'll misconstrue that."

    Trump, during the 90-minute speech, also reiterated that his favorite word is "tariff" and credited his policies for bringing in "hundreds of billions of dollars," presumably for the government in tariff revenue.

    "You can give up certain products," Trump said at one point. "You could give up pencils. Because under the China policy, you know, every child can get 37 pencils. They only need one or two, you know. They don't need that many."

    Despite standing by his tariff policies, Trump has, in reality, rolled back many of his earlier tariffs, especially ones enacted on April 2.

    Tariffs are still higher than they have been in many decades, but the original 25% tariff on every import from Mexico and Canada was walked back to exclude all items covered in the USMCA trade agreement, which includes most imports from the two neighbors. Tariffs on imports from China, once more than 100%, have been reduced to a baseline tariff of 10%, which applies to all other countries.

    On top of that, in an attempt to address the price of groceries, Trump also modified and removed tariffs on a range of food products in November, such as beef, coffee, bananas, and tomatoes.

    Of the remaining tariffs, evidence points to an impact on the price of consumer goods.

    "Our analysis suggests that tariff measures are already exerting measurable upward pressure on consumer prices," according to a report published in October by the Federal Reserve of St. Louis that looked at data from January to August of this year. "The rise in prices beginning in early 2025 coincides closely with tariff developments, and our model-based regressions confirm that these effects are statistically and economically significant."

    "At the same time, the pass-through remains partial; only a portion of the model-predicted effect has materialized so far," the report added. "This could reflect delays in price adjustments, competitive pressure limiting firms' ability to raise prices, or expectations that the tariffs may prove temporary."

    Trump's speech comes as consumer sentiment remains low. According to the University of Michigan's survey of consumers, sentiment dropped to 51 points in November, which is the second-lowest score the index has ever recorded since 1952, narrowly topped by a score of 50 in June 2022.

    Earlier on Monday, in an interview with Politico, Trump said that he would give his economy a grade of "A-plus-plus-plus-plus-plus."

    Some Democrats have centered their pre-2026 midterm messaging on affordability, and several have explicitly blamed rising costs on Trump's tariff and trade policies. Zohran Mamdani, the New York City mayor-elect, with whom Trump had a meeting, also won while running primarily on making the city more affordable.

    The White House did not immediately respond to a request for comment.

    Read the original article on Business Insider
  • Macquarie says this ASX uranium stock can rocket 65% in 2026

    A woman throws her hands in the air in celebration as confetti floats down around her, standing in front of a deep yellow wall.

    Lotus Resources Ltd (ASX: LOT) shares could be a great way to gain exposure to uranium.

    That’s the view of analysts at Macquarie Group Ltd (ASX: MQG), which are bullish on the uranium developer.

    What is the broker saying?

    Macquarie notes that Lotus Resources has been battling sulfuric acid supply issues, which is slowing the ramp up of the Kayelekera operation.

    However, it was pleased to see that the company’s acid plant is making good progress and will be onstream soon. It said:

    LOT has experienced sulfuric acid supply issues from its Zambian supplier, which appears to be due to lower Zambia & Congo copper production, truck shortages and we expect also an element of demand pull from the gold sector. LOT now has a second supplier out of South Africa (10 days’ drive) to supplement its Zambia contract (5 days’ drive) which should help to stabilise its acid supply chain, however in any event LOT’s relocated Kayelekera acid plant (now relocated to better ground) has made good progress and is due to onstream in February.

    As a result of the above, Macquarie has pushed back its export expectations. It adds:

    Given the slower ramp in December quarter (acid issues) and the time still required for product accreditation (by western converters), we push back first export to the June quarter 2026 (Apr-Jun) for modelling purposes. We acknowledge LOT may be able to enter into commercial arrangements (eg. physical swaps or loans) to bring this forward but at this stage we don’t factor this in.

    Should you buy this ASX uranium stock?

    Macquarie remains positive on the uranium developer despite this little hiccup, noting that it doesn’t materially impact its investment case.

    According to the note, the broker has retained its outperform rating and 28 cents price target on Lotus Resources shares.

    Based on its current share price of 17.2 cents, this implies potential upside of almost 65% for investors over the next 12 months.

    Commenting on its outperform rating, Macquarie said:

    Outperform. Delays to first sales at Kayelekera now validates LOT’s decision to raise additional equity in September, in our view. Given the additional capital was already raised, the cut to production ramp doesn’t materially alter the investment case.

    Valuation: Our SOTP-based TP is overall unchanged. Catalysts: Uranium prices, Kayelekera offtake contracts, Kayelekera first shipment (late CY25), Letlhakane PFS (2HCY26).

    The post Macquarie says this ASX uranium stock can rocket 65% in 2026 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Lotus Resources Limited right now?

    Before you buy Lotus Resources Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Lotus Resources Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor James Mickleboro 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 Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • What’s going on with the Woolworths dividend?

    A hand holds up a rotten apple in an orchard.

    Income investors who bought Woolworths Group Ltd (ASX: WOW) shares for their dividend income potential in recent years might be feeling a little jaded today.

    On paper, Woolworths has everything an income investor looks for. It is a defensive stock in the consumer staples sector of the economy. It is a large, mature blue-chip share that has a clear market lead in the grocery space.

    As such, Woolworths should have a durable earnings base from which to fund stable shareholder payouts.

    Well, Woolworths’ dividends have been anything but stable in recent years. To illustrate, the company forked out an annual total of $1.08 in dividends per share over 2021. In 2022, that fell to 92 cents per share, only to come back up to $1.04 per share in 2023. 2024 continued that $1.04 per share in income, with investors also getting a 40 cents per share special dividend.

    However, rather than reflecting positive developments with the underlying Woolworths business, this dividend was funded by the sale of the company’s remaining stake in Endeavour Group Ltd (ASX: EDV).

    But today, in late 2025, shareholder patience might be running a little thin. This year saw a notable reduction in the dividend income enjoyed from Woolworths shares. The company paid out an interim dividend in April worth 39 cents per share. September saw a final dividend of 45 cents per share doled out. That puts this company’s full-year payouts for 2025 at just 84 cents per share.

    That’s the lowest annual Woolworths dividend investors have bagged since the COVID-ravaged 2020.

    So what’s going on here?

    What’s up with the 2025 Woolworths dividend?

    Well, sadly, 2025’s paltry payouts were a direct consequence of the trouble Woolworths finds itself in right now. The company has had one of the toughest years in its long history this year.

    The departure of its old CEO, Bradford Banducci, in late 2024 got things off to a bad start already. Banducci had a less-than-glorious exit involving an interview walkout.

    But Woolworths has had to deal with a series of missteps, as well as quarter after quarter showing the company losing market share to rivals. Particularly, Coles Group Ltd (ASX: COL).

    This was evident in the company’s full-year results. Back in August, Woolworths reported the lowest net profit after tax the company has brought in for at least five years. The net profit of $1.385 billion was down 17.1% from FY2024’s $1.71 billion. Group earnings also declined significantly, dropping 12.6% from $3.22 billion in FY2024 to $2.75 billion in FY2025.

    Earnings per share tanked by 17.1% to $1.135.

    The company blamed this fall in earnings and profits for its 2025 dividend cut:

    The Board declared a final dividend of 45 cents per share, bringing the total full year dividend to 84 cents per share, with the reduction on the prior year reflecting the decline in earnings per share.

    So that’s what’s up with the Woolworths dividend. A company can only pay out what it gets in. And when what it gets is falling, the dividends are often the first thing on the chopping block.

    For Woolworths to start increasing its dividends, it will first need to see its earnings and profits return to growth. No doubt shareholders will be hoping they do in 2026, but let’s see what happens.

    At the current Woolworths share price of $29.24, this ASX 200 blue chip has a trailing dividend yield of 2.87%.

    The post What’s going on with the Woolworths dividend? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Woolworths Group Limited right now?

    Before you buy Woolworths Group Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Woolworths Group Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Sebastian Bowen has positions in Endeavour Group. 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 positions in and has recommended Woolworths Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Top brokers name 3 ASX shares to buy today

    A male sharemarket analyst sits at his desk looking intently at his laptop with two other monitors next to him showing stock price movements

    Many of Australia’s top brokers have been busy adjusting their financial models and recommendations again. This has led to the release of a number of broker notes this week.

    Three ASX shares that brokers have named as buys this week are listed below. Here’s why their analysts are feeling bullish on them right now:

    CAR Group Limited (ASX: CAR)

    According to a note out of Bell Potter, its analysts have retained their buy rating and $42.20 price target on this auto listings company’s shares. It notes that the CAR Group share price has been caught up in tech sector volatility recently, dragging it down to an attractive level. Bell Potter highlights that its shares trade at a significant discount to fellow ASX-listed classifieds platforms. Outside this, it likes the carsales.com.au owner due to its ability to generate cash flows that support growth investments and shareholder returns simultaneously. The CAR Group share price is trading at $31.89 on Wednesday afternoon.

    Coles Group Ltd (ASX: COL)

    A note out of Macquarie reveals that its analysts have retained their outperform rating and $26.10 price target on this supermarket giant’s shares. The broker has been out visiting Coles’ food manufacturing facilities. It notes that the company has the capacity to manufacture 970 tonnes of cooked products and 1.5 million meals a week. Coles has called out ready-made meals as a key growth area in the future. Speaking of growth, Macquarie believes that its supply chain investment, operational execution, and market share gains will help support an earnings per share compound annual growth rate of 10% over the next three years. The Coles share price is fetching $21.76 at the time of writing.

    Megaport Ltd (ASX: MP1)

    Another note out of Macquarie reveals that its analysts have retained their outperform rating on this network solutions company’s shares with an improved price target of $21.70. Macquarie notes that the recent acquisition of Latitude expands the immediate addressable share of customer wallet. It points out that customers already consume compute products, but Megaport has not historically sold compute. Latitude’s product offering is highly complementary to the existing product set and offers a direct position in a large and fast-growing end market. Stripe, Mercado Livre, and Grok are new customer wins. It estimates that Bare Metal as a Service (BMaaS) is a large, end market currently worth US$15 billion, but growing rapidly. Combined with the stabilisation of core revenue, Macquarie believes Megaport is well-placed for long term growth. The Megaport share price is trading at $13.62 today.

    The post Top brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

    Should you invest $1,000 in CAR Group Ltd right now?

    Before you buy CAR Group Ltd shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and CAR Group Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor James Mickleboro has positions in Megaport. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group and Megaport. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended CAR Group Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Megaport shares tipped to jump another 60%: Here’s why

    A man sits in casual clothes in front of a computer amid graphic images of data superimposed on the image, as though he is engaged in IT or hacking activities.

    Megaport Ltd (ASX: MP1) shares are 1.58% higher in lunchtime trade on Wednesday. At the time of writing, the shares are changing hands for $13.50 a piece. 

    The software-defined network (SDN) service provider’s shares are 23.8% lower than their 3.5-year peak early last month. But they’re still up an impressive 81.4% for the year to date.

    Megaport completed an institutional placement in mid-November, just a day after it revealed that it was raising $220 million to fund the acquisition of Latitude.sh for US$150 million in cash and scrip. 

    The company has suffered amid the tech-sector-wide investor sell-off, but analysts are still bullish on the outlook for the stock over the next 12 months.

    In a new note to investors, analysts at Macquarie Group Ltd (ASX: MQG) have revealed their latest expectations for the shares.

    Huge upside ahead for Megaport shares

    In its note, the broker has confirmed its outperform rating on Megaport shares. Its analysts have also hiked its 12-month target price up to $21.70, up from $18.50 previously.

    At the time of writing, this implies a huge potential 60.7% upside for investors over the next 12 months.

    Last month, Megaport said it had acquired Latitude.sh, a global Compute as a Service platform. 

    Macquarie said it has revised its EPS earnings and EBITDA number to incorporate Latitude numbers. The broker said its increased target price reflects these EPS earnings changes.

    “We revise FY26/27/28/29E EPS by n.m/n.m/+212%/+163%. The law of small numbers is at play, with EBITDA changes more meaningful at +9%/+101%/+106%/+108%. With the $200m placement now complete, our earnings changes reflect the incorporation of Latitude numbers. We assume the initial A$132m capex is spread over FY26 & FY27, with further growth reinvestment presenting downside to these numbers,” the broker said in its note.

    “Top line is stabilised, Latitude adds a new growth driver in a fast-growing end market. Reinvestment in growth will drive further top-line acceleration out of FY26. Product roadmap suggests MP1 will move more into software with edge compute, driving higher long-term margins. Retain Outperform,” the broker added.

    What else did the broker have to say?

    While customers already consume compute products, Megaport has not historically offered compute solutions. This means Latitude’s product is highly complementary to Megaport’s existing offerings and provides a direct entry into a large, fast-growing end market. Early traction is evident with new customer wins, including Stripe, Mercado Livre, and Grok. Latitude also strengthens exposure to blockchain applications.

    Macquarie also commented that Latitude CPU (central processing units) are strong. All Latitude SKUs are expected to achieve positive internal rates of return within the first one to two years, even after factoring in a 3–6 month ramp period.

    “Industry conversations confirm CPU useful lives are 6-7 years, with examples of operation beyond this time. We understand Latitude currently assumes an accounting useful life of 5 years, slightly longer than a tax useful life of 4 years. This leads to a minor tax shield on CPU capex,” the broker said.

    The post Megaport shares tipped to jump another 60%: Here’s why appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Megaport right now?

    Before you buy Megaport shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Megaport wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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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 Macquarie Group and Megaport. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Trading near 12-month lows, are Bapcor shares worth a look?

    A row of Rivians cars.

    Bapcor Ltd (ASX: BAP) shares have hit a 12-month low following a trading update this week which said the company’s performance had been “below expectations”.

    But Macquarie analysts believe there is still money to be made buying Bapcor shares at these levels, with their 12-month price target on the stock indicating a total return of almost 15%.

    Tough start to the year

    Bapcor said on Tuesday that its trading performance in October and November was “below expectation mainly in the trade segment”.

    The company went on to say:

    Revenue declined in tools and equipment versus the prior corresponding periods though parts revenue has grown modestly. Trade is also investing in pricing across specific parts categories to regain market share. The price reductions have adversely impacted margins in the short term but are expected to drive volume growth in the future.

    Bapcor updated its guidance for the first half to be a loss in the range of $5 million to $8 million, including about $13 million in non-recurring items.

    The company also updated its full-year guidance, saying net profit was expected to be in the range of $31 million to $36 million, and excluding the non-recurring ietms from the first half, would be in the range of $44 million to $49 million.

    Bapcor delivered a full-year net profit of $28.1 million for FY25, which was up 117% on the previous year due to lower significant items.

    Working on a turnaround

    The company’s Chief Executive Angus McKay said on Tuesday the weaker operational result for October and November was disappointing.

    Although the turnaround of the business is more challenging and taking longer than expected we are committed to doing the difficult work that will result in a stronger, more sustainable company. I am excited by the appointment of Craig Magill and Dean Austin to Key EGM roles in the trade and retail segments respectively. Craig has significant Bapcor and automotive experience and Dean brings extensive retailing and merchandising experience.

    Shares still good value

    Macquarie said in a research note sent to clients this week that the downgrade was a 17% reduction from previous expectations, and it has a neutral rating on Bapcor shares.

    That said, Macquarie still has a 12-month price target of $2.05 on the shares, and once dividends are factored in, was forecasting a total shareholder return of 14.7% for Bapcor shares.

    The updated price target was a steep 29% discount to Macquarie’s previous price target on the shares however.

    The research note also said:

    Delivering revised FY26 guidance is critical to provide confidence in the underlying earnings base and alleviate any balance sheet concerns, stabilisation of revenue, earnings and market share in the trade segment.

    Bapcor shares hit a 12-month low of $1.80 on Wednesday before recovering slightly to be 1.2% lower at $1.82.

    Bacpor was valued at $627.9 million at the close of trade on Tuesday.

    The post Trading near 12-month lows, are Bapcor shares worth a look? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Bapcor Limited right now?

    Before you buy Bapcor Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Bapcor Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Cameron England 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 Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Up 40% in a year, why Macquarie expects this ASX 200 dividend stock to keep outperforming in 2026

    A wad of $100 bills of Australian currency lies stashed in a bird's nest.

    S&P/ASX 200 Index (ASX: XJO) dividend stock Dalrymple Bay Infrastructure Ltd (ASX: DBI) is charging higher today.

    Shares in the infrastructure company – which owns the Dalrymple Bay Coal Terminal (DBCT) in Queensland – closed yesterday trading for $4.54. In early afternoon trade on Wednesday, shares are changing hands for $4.77 apiece, up 5.1%.

    For some context, the ASX 200 is down 0.2% at this same time.

    Today’s outperformance is nothing new for the ASX 200 dividend stock, with the Dalrymple Bay share price now up 40.3% since this time last year.

    Atop this benchmark smashing share price gain, Dalrymple Bay shares trade on a partly franked 4.9% trailing dividend yield. And the stock has added appeal for many passive income investors as it makes quarterly dividend payouts.

    And looking ahead, analysts at Macquarie Group Ltd (ASX: MQG) expect Dalrymple’s dividend yield to increase to 5.5% in 2026 and then to 6.1% in 2027. And that’s atop of further forecast share price gains.

    Here’s why.

    ASX 200 dividend stock tipped to keep on giving

    Dalrymple Bay shares closed up 1.6% yesterday after the company announced that it had successfully secured $1.07 billion of new loan facilities.

    With the new facilities reducing the company’s exposure to previously existing more expensive and less flexible debt, the ASX 200 dividend stock expects to save around $75 million in interest costs through to 2030.

    “This refinance is strongly cashflow accretive to DBI and reaching financial close on these new facilities was a key part of our capital allocation review process,” Dalrymple Bay CEO Michael Riches said.

    “DBI maintains substantial debt capacity to fund its committed NECAP [Non-Expansionary Capital Expenditure] projects, now at a significantly lower cost and this refinance creates greater flexibility and options,” he added.

    Commenting on the benefits of the new funding arrangement, Macquarie said:

    Upside from the transaction is: No longer is debt risk margins +350bps for additional borrowing. The risk premium has dropped to 150-200bps. Whilst the current debt has locked much of this, all future NECAP financing cost is materially cheaper, lifting the long-term value of DBI.

    Macquarie reiterated its outperform rating on the ASX 200 dividend stock. According to the broker:

    We think DBI is a unique investment with dividend growth of 5% and a valuation EV/EBITDA multiple of 13x, which is below comparable port multiples. Main upside event is 8X development, and medium-term repricing to capture more of the difference between NQXT [North Queensland Export Terminal] and DBCT [Dalrymple Bay Coal Terminal].

    Macquarie increased its price target for Dalrymple Bay shares to $5.33 (up from the prior $4.91), which it said reflects lower funding costs.

    That represents a potential upside of 11.7% from current levels. And it doesn’t include those upcoming dividends.

    The post Up 40% in a year, why Macquarie expects this ASX 200 dividend stock to keep outperforming in 2026 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Dalrymple Bay Infrastructure Limited right now?

    Before you buy Dalrymple Bay Infrastructure Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Dalrymple Bay Infrastructure Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Bernd Struben 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 Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • How much upside does Macquarie predict for Coles shares?

    a woman stands behind a market stall smiling widely with a wide range of colourful fresh produce on display in front of her.

    The Coles Group Ltd (ASX: COL) share price is down 0.41% to $21.70 at the time of writing on Wednesday morning. Today’s drop means the supermarket giant’s shares have fallen 10% from their all-time peak in early-September. For the year-to-date the shares are still 15% higher.

    The Coles share price spiked in late-August and early-September on the back of a robust FY25 result. It also posted a strong quarterly update in late October, where it reported a 3.9% increase in group sales and quarterly results generally in line with analyst expectations. 

    Now, in a new note to investors, analysts at Macquarie Group Ltd (ASX: MQG) said toured Coles food manufacturing facilities and discussed read-made meal strategy plans with management. Following the tour, here’s the broker’s latest outlook for the stock.

    Robust upside ahead for Coles shares

    In the investor note, Macquarie confirmed its outperform rating and $26.10 target price on Coles shares. At the time of writing this implies a potential 20.3% upside for investors over the next 12 months.

    “We remain attracted to ongoing execution, benefits from supply chain investment and strong earnings growth outlook, with ~10% EPS CAGR over the next three years driving returns,” the broker said in its note.

    What did Macquarie think of the Coles food manufacturing facilities tour?

    The broker said the tour of Coles’ facilities in NSW showcased the supermarket giant’s vertically integrated fresh food production sites. 

    The sites are indicative of a focus on vertical integration, supply chain efficiency and private label, Macquarie explained. It added that benefits include customer satisfaction and cost efficiency.

    The broker also noted that there were key takeaways for key assets Retail Ready Operations Australia (meat), Fresh Milk Co (Milk), and Chef Fresh (Convenience Meals).

    “The facility processes both red and white meat, partnering exclusively with trusted livestock producers. Further, it operates 24/7 processing 5,500 tonnes of product per month, covering >80 SKUs. The facility supplies >600 stores, giving supply surety and improving shelf life of retail ready meat products,” the broker said of Coles’ Retail Ready Operations.

    When discussing the Coles Fresh Milk Co, Macquarie said:

    The NSW site was acquired in 2024 from Saputo, operating five days per week for 16 hours per day. ~200m litres of milk are processed every year from two facilities, including a second in VIC, with capacity to process up to ~450m litres. The level of automation was a standout in the facility, with almost zero manual handling of milk between supplier delivery and distribution.

    Meanwhile, regarding Chef Fresh, the broker said:

    The site has the capacity to manufacture 970 tonnes of cooked products and 1.5m meals a week. It produces >100 SKUs across Coles Finest, PerFORM, Coles Kitchen and Nature’s Kitchen. Chef Fresh supplies ~90% of private label convenience meals. Further, COL called out ready-made meals as a key growth area.

    The post How much upside does Macquarie predict for Coles shares? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Coles Group Limited right now?

    Before you buy Coles Group Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Coles Group Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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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 Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Why this ASX All Ords stock came under pressure yesterday after addressing media speculation

    A small child in a sandpit holds a handful of sand above his head and lets it trickle through his fingers.

    ASX All Ords stock Dateline Resources Ltd (ASX: DTR) came under pressure yesterday after the company moved to address media speculation surrounding potential Rare Earth Elements (REE) tenements in the United States.

    The Dateline share price closed down a sizeable 12.24% to 21.5 cents.

    What sparked all this?

    The situation began after an announcement from US1 Critical Minerals (ASX: USC), formerly Gladiator Resources, which stated that legal proceedings had been launched against Dateline’s CEO, Stephen Baghdadi.

    The implication was that USC was trying to gain control of certain promising REE tenements in the United States and that Stephen Baghdadi or the ASX All Ords stock may have been involved in some way.

    Without doubt, the news created some investors to worry with the Dateline share price plummeting on the news. Dateline has now stepped in with this announcement to set the record straight.

    Dateline pushes back on the claims

    According to the release, Dateline said that while Stephen Baghdadi has indeed been pursuing additional REE opportunities following the Colosseum Gold–REE project, there are no arrangements of any kind between its CEO, or related entities and USC/Gladiator.

    Dateline also made it clear that if it does secure more prospective REE tenements, those assets will be developed for the benefit of Dateline shareholders only.

    The company firmly rejected any suggestion that the tenements would be transferred to another party, and said any legal claims against the company or its CEO will be vigorously defended.

    Chairman backs the CEO

    Chairman Mark Johnson also came out swinging, crediting Stephen Baghdadi and his team for an exceptional year. He said:

    Dateline’s exceptional year is owed to the outstanding efforts of our Managing Director, Mr Stephen Baghdadi and the team that he has assembled. Mr Baghdadi identified and negotiated the Colosseum opportunity and managed government and regulatory engagements in the highest levels of the Federal Government through to state, county and local authorities. His efforts have yielded significant value to Dateline.

    Foolish takeaway

    These kinds of disputes aren’t unusual when companies are operating in competitive spaces like Rare Earths, especially where new discoveries can quickly attract attention.

    Today’s sell-off shows the market reacting to uncertainty, but Dateline’s response aims to settle the speculation and reassure shareholders that the company remains focused on developing its REE opportunities.

    The post Why this ASX All Ords stock came under pressure yesterday after addressing media speculation appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Dateline Resources Limited right now?

    Before you buy Dateline Resources Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Dateline Resources Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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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.