WiseTech Global Ltd (ASX: WTC) shares are continuing their impressive run on Tuesday.

At the time of writing, the ASX 200 tech stock is up 10.43% to $39.06. By comparison, the S&P/ASX 200 Index (ASX: XJO) is relatively flat at 8,833 points.

WiseTech shares have now climbed 15% over the past week, although they remain down 43% since the start of 2026.

After such a heavy fall this year, the latest gain suggests investors are responding to signs of progress.

So, what did WiseTech announce?

Richard White hands over the chair role

According to the release, Raelene Murphy has been appointed Independent Chair with immediate effect.

Murphy only joined the WiseTech board at the start of this year, but has already been moved into a bigger role. She became lead Independent Director in May and is now taking over the chair position.

However, White isn’t stepping away from the company. He will remain on the board as an Executive Director and continue as Chief Innovation Officer.

This means he will still be involved in the parts of WiseTech that investors probably care about most, including product, technology, and growth.

White said recent personal media attention had become an unnecessary distraction from the strength of the business. He also repeated that he denies the recent allegations reported in the media.

Board renewal continues

In addition, WiseTech advised that it isn’t finished with the board changes just yet.

The company said it is still searching for another independent non-Executive Director.

Since March 2025, Chris Charlton, Sandra Hook, Rob Castaneda, and Murphy have all been appointed as independent non-Executive Directors.

Once the next appointment is made, WiseTech will have a total of 5 Independent Directors on its board.

That should help answer some of the governance concerns that have followed the company over the past year.

WiseTech also pointed to Zubin Appoo’s appointment as CEO in July 2025 as part of its wider succession planning.

The board commented:

Appoo has demonstrated strong leadership since taking on the CEO role, and said it is comfortable with the progress of its executive succession plan.

The business is still growing

Away from the board headlines, WiseTech is still a major global software business.

The company provides software for the logistics, global trade, and supply chain industries. It serves more than 22,000 logistics companies and other industry participants across 193 countries.

And its latest half-year result also showed why investors haven’t completely given up on the stock.

In 1H26, revenue increased 76% to US$672 million, helped by e2open and growth in CargoWise. EBITDA rose 31% to US$252.1 million, although statutory net profit fell 36% to US$68.1 million.

Despite the mixed results, WiseTech is a growing business.

Keep in mind, the underlying business has not changed. If anything, investors now have a better reason to focus on the growth still coming through.

The post WiseTech shares surge 10% as Richard White steps back from chair role appeared first on The Motley Fool Australia.

More reading

• Are WiseTech shares ripe for a rebound?
• How to tell if an ASX share is cheap or a value trap
• Here are the top 10 ASX 200 shares today
• Down 35%+, should you buy Zip and WiseTech shares?
• Can WiseTech shares double from here? Analysts are betting yes

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

Commonwealth Bank of Australia (ASX: CBA) shares have been fairly resilient so far this year. 

At the time of writing, the ASX bank stock is down slightly, around 0.1%, to $164.57 a piece. For the year to date, however, the shares are still around 2% higher.

CBA shares rocked higher in mid-February after the bank posted an unexpectedly-positive half-year FY26 result. The bank shares were relatively unchanged over the next few months, even in the face of higher inflation and headwinds flowing out from volatility in the Middle East. 

But then, in early-May, CBA shares tanked following a disappointing third-quarter capital update. Investors were spooked by the results at the time and rushed to sell up their shares.

The downturn was short lived though. CBA shares rebounded by the end of May and have stayed relatively consistent since.

It’s clear that CBA shares are still in favour. It’s likely CBA’s safe-haven appeal that continues to appeal to investors. In times of market chaos, investors typically flock to well-known and large-scale stocks.

The problem is that CBA shares have been widely considered overvalued for some time now. CBA is currently trading at a price-to-earnings (P/E) ratio over 26, making it one of the most expensive banking stocks globally. The bumper price tag isn’t supported by the bank’s core strength or earnings either.

Brokers are bearish, with some expecting CBA shares to fall to just $90 a piece over the next 12 months. 

I wouldn’t add CBA shares to my portfolio right now. But the good news is that there are two other ASX bank shares tipped to outperform this year.

I’d buy these ASX bank stocks instead

Analysts expect all the big four banks’ shares, and some mid-tier bank stocks, to decline throughout the second half 2026. 

Data shows that experts think CBA shares carry the most downside risk, with a downside of up to 45% at the time of writing, to $90 each.

But there are two ASX bank shares tipped to travel in the opposite direction this year.

Macquarie Group Ltd (ASX: MQG) is the only S&P/ASX 200 Index (ASX: XJO) bank share that brokers think can keep climbing higher over the next 12 months. Market Index data shows the majority of brokers have a buy rating on Macquarie shares. The $253.54 average target price implies a potential 1% upside, at the time of writing.

And then there is Judo Capital Holdings Ltd (ASX: JDO). Brokers are very bullish on the outlook for Judo Bank shares, with the majority holding a buy rating, according to Market Index data. The average $1.60 target price currently implies an impressive 80% potential upside ahead over the next 12 months.

What sets Macquarie and Judo Bank apart from the rest?

Macquarie is the fifth-largest ASX 200 bank by market capitalisation, and it is incredibly diversified. The bank does more than just banking; it also provides financial, advisory, investment, and fund management services across 34 markets globally. 

That means it has exposure to commodities trading, infrastructure deals, asset management, and capital markets across multiple regions.

Unlike CBA, Macquarie isn’t reliant on lending margins. Its diversity also means that it can remain stable, or even benefit, when markets are going through periods of volatility.

Meanwhile, Judo Bank works differently to its peers. Unlike many other banks in the sector, Judo Bank was built to focus on providing financial services and lending to small and medium enterprises (SMEs). These SMEs have annual turnovers of up to $100 million.

The bank was founded in 2016 and received its banking license in 2019. That means it’s relatively new in comparison to the majors. It was listed on the ASX in 2021.

The bank provides business lending starting at $250,000 and touts itself as providing more flexibility than major banks. It also offers personal term deposit products and home loans.

The post Forget CBA shares, I’d buy these ASX bank stocks instead appeared first on The Motley Fool Australia.

More reading

• How should I invest my money in FY27?
• ASX financials went from the best sector in FY25 to negative growth in FY26. Here’s what changed
• 5 of the best investments on the ASX right now to complement your superannuation
• Judo Bank shares rise despite Morgan Stanley price target cut
• Owned CBA shares for 10 years? Here’s how much money you’ve made

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

It has been a big few weeks for A2 Milk Company Ltd (ASX: A2M) shares, and Tuesday is bringing more good news for investors.

At the time of writing, the A2 Milk share price is up 3.63% to $7.99.

That means the ASX infant formula stock is now up 54% over the past month.

The latest move comes after the company provided investors with an update on its China supply issues, along with better-than-expected preliminary FY26 results.

So, what changed today?

China supply issues ease

According to the release, A2 Milk said the supply chain problems that hit its China label infant milk formula business have now been mostly sorted out.

The issue came through in the fourth quarter, when the company struggled to keep enough product available.

A2 Milk said this was caused by a few things, including strong demand in the previous quarter, freight challenges, production backlogs, longer release times, and extra customs clearance requirements.

As a result, some customers moved to other brands. Others switched across to A2 Milk’s English label products.

However, things now look to be improving.

The company said product flows to distributors and retailers have materially improved across both its China label and English label products, with stock levels returning to target.

A2 Milk is now trying to win back previous China label users, while also speeding up new customer recruitment with its retail and distribution partners.

Full-year result holds up

The preliminary FY26 result also gave the market something to work with.

A2 Milk expects revenue of approximately NZ$1.97 billion, up more than 12% on FY25. That is slightly ahead of the guidance it gave in April, which was for low to mid-double-digit growth.

The company also expects its EBITDA margin to land at the high end of its 14% to 14.5% guidance range.

Reported net profit after tax (NPAT) is tipped to be slightly higher than FY25, while cash conversion is expected to be around 70%. That’s well ahead of the 50% cash conversion guidance given in April.

There was also decent growth outside the China label business. A2 Milk said English label infant formula, Other Nutritionals, and Liquid Milk all performed well and finished significantly higher than FY25.

Can the rally keep going?

A2 Milk has had plenty go its way over the past few weeks.

Last month, it received approval from China’s State Administration for Market Regulation to transition its China label infant formula product registrations to a2 branded products.

It also declared a NZ$300 million special dividend, equal to 41.362 cents per share. That dividend is due to trade ex-dividend on 8 July.

After a 54% gain in a month, A2 Milk is no longer flying under the radar.

The next major test will be the company’s audited FY26 result and FY27 outlook commentary on 17 August.

The post A2 Milk shares jump again as China worries start to ease appeared first on The Motley Fool Australia.

More reading

• a2 Milk Company posts double digit FY26 revenue growth despite China supply setback
• Why is everyone talking about Mineral Resources, A2 Milk and Pro Medicus shares on Thursday?
• Why A2 Milk, EchoIQ, Lendlease, and Qantas shares are racing higher today
• A2 Milk shares jump amid $300 million special dividend
• A2 Milk declares $300 million special dividend after securing China approval

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.

 

S&P/ASX 200 Index (ASX: XJO) shares rose by 2.77% and provided total gross returns (including dividends) of 7% in FY26.

Thirteen ASX 200 shares doubled in value — or better — over the 12 months.

Three of them were ASX 200 gold miners, which benefited from an 18% rise in the gold price last year.

Four were lithium miners, which generated turbocharged earnings amid a 278% lift in the spodumene price and a 160% rise in the carbonate price over FY26.

While healthcare was the worst-performing sector, the ASX 200’s fastest rising stock came from it and blasted 1,786% higher!

Let’s check out this group of ASX 200 double baggers for FY26.

Double-baggers of FY26

1. 4DMedical Ltd (ASX: 4DX)

This ASX healthcare share skyrocketed 1,786% in FY26 to close out the year at $4.53.

The respiratory imaging technology company gained US Food and Drug Administration (FDA) approval for its CT:VQ product in September 2025.

CT:VQ has since been deployed at several well-known academic hospitals and clinics.

One broker thinks there is more room to run for 4DMedical shares in FY27.

2. Minerals 260 Ltd (ASX: MI6)

This ASX 200 gold share ripped 508% to finish FY26 at 73 cents.

Minerals 260 is building the Bullabulling Gold Project near Kalgoorlie in Western Australia’s Eastern Goldfields region.

3. Elevra Lithium Ltd (ASX: ELV)

This ASX 200 lithium share flew 327% to $9.60 over FY26.

Elevra has a globally diversified portfolio of mines and projects across Québec, North Carolina, Ghana, and Western Australia.

4. PLS Group Ltd (ASX: PLS)

This fellow ASX lithium share leapt 275% to close out FY26 at $5.02.

The company’s flagship project is Pilgangoora, the world’s largest independent hard-rock lithium mine.

Formerly known as Pilbara Minerals, PLS Group was the best performer among the ASX 200 large-cap shares last year.

5. Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price increased 261% to close the year at $10.30.

This made Electro Optic the best-performing stock of the industrials sector in FY26.

The company specialises in defence technology, advanced weapon systems, and counter-drone solutions.

6. Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price rose 188% in FY26.

The ASX large-cap mining share finished the year at $62.07.

Value investors returned to Mineral Resources after corporate governance and financial problems crushed the stock in FY25.

Mineral Resources reported its best half-year result ever for 1H FY26. The miner reported record revenue of $3.1 billion and EBITDA of $1.2 billion due to rising lithium prices and the successful ramp-up of its Onslow iron ore project.

7. NRW Holdings Limited (ASX: NWH)

This ASX 200 industrials share soared 149% to finish the year at $7.44.

8. Liontown Ltd (ASX: LTR)

This ASX 200 lithium share rose 142% to finish the year at $1.69.

For 1H FY26, Liontown reported doubled revenue after a 70% lift in spodumene production.

In 3Q FY26, Liontown became cash flow positive and hit its 1.5Mtpa annualised underground run-rate ahead of schedule.

9. SRG Global Ltd (ASX: SRG)

This ASX 200 industrials share rose 136% to finish the year at $3.98.

10. Codan Ltd (ASX: CDA)

This ASX 200 tech share lifted 119.5% to finish the year at $44.14.

ASX 200 tech shares tanked in FY26, with only four finishing the year in the green.

11. Kingsgate Consolidated Ltd (ASX: KCN)

This ASX 200 gold share rose 119% to finish the year at $4.95.

12. Lynas Rare Earths Ltd (ASX: LYC)

This ASX 200 rare earths share increased 115% to close out the year at $18.06.

An 80% lift in the neodymium price, and restricted rare earths exports out of China helped Lynas shares grow in FY26.

13. Alkane Resources Ltd (ASX: ALK)

This ASX 200 gold share rose 92% to finish the year at $1.37.

The post 13 ASX 200 shares that doubled in value in FY26 appeared first on The Motley Fool Australia.

More reading

• Lynas Rare Earths inks $50m deal for new Malaysian magnet factory
• Sell alert! Why these experts are calling time on Endeavour and PLS shares
• 2 ASX 200 healthcare shares to buy after sector rebounds 23% in a month
• ASX 200 tech shares tanked in FY26, but there were 3 winners
• These are the 10 most shorted ASX shares

Motley Fool contributor Bronwyn Allen 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 Electro Optic Systems. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has recommended Srg Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Qube Holdings Ltd (ASX: QUB) share price is in focus today after the company announced Supreme Court approval for its scheme of arrangement, paving the way for Rubik Australia Pty Limited to acquire all Qube shares.

What did Qube Holdings report?

• The Supreme Court of NSW has approved the scheme of arrangement with Rubik Australia Pty Limited.
• Qube Holdings will arrange for court orders to be lodged with ASIC on 8 July 2026.
• Once lodged, the scheme will become legally effective and all Qube shares will be acquired by the bidder.
• Qube intends to apply for its ASX quotation to be suspended after close of trading on 8 July 2026.

What else do investors need to know?

This marks the final regulatory hurdle for the proposed takeover first announced in February 2026. Once the court orders are lodged with ASIC, shareholders will see their holdings acquired under the scheme.

The company will shortly move to suspend trading in Qube shares, with completion of the acquisition process expected to occur as outlined in earlier announcements. Investors should look out for further updates as the acquisition is formally completed.

What’s next for Qube?

With final court and regulatory approvals in hand, Qube Holdings will now progress to complete the scheme of arrangement. This includes delisting Qube from the ASX and transferring all shares to Rubik Australia Pty Limited as planned.

Shareholders do not need to take any action at this stage. Qube will communicate further details about payment and the end of share trading as the timeline progresses.

Qube share price snapshot

Over the past 12 months, Qube shares have risen 20%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post Qube Holdings: Supreme Court approves takeover scheme appeared first on The Motley Fool Australia.

More reading

• Summerset Group delivers Q2 update
• West African Resources posts June 2026 quarter gold production update
• Lynas Rare Earths inks $50m deal for new Malaysian magnet factory
• Netwealth posts strong FUA growth and secures Morgan Stanley platform deal
• a2 Milk Company posts double digit FY26 revenue growth despite China supply setback

Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Summerset Group Holdings Ltd (ASX: SNZ) share price is in focus after the company reported 448 occupation right sales in Q2 FY26, with resales up 26% and total first-half sales up 17% on last year.

What did Summerset Group report?

• 448 occupation right sales in Q2 FY26 (221 new, 227 resales)
• Q2 new sales unchanged from a year ago, but resales jumped 26%
• First-half (1 Jan–30 Jun) total sales up 17% to 813
• New sales up 12%, resales up 23% year-on-year for the first half
• Strong sales at four newly opened village centres in NZ and Australia

What else do investors need to know?

Summerset opened four new village centre buildings in the first half of the year, with encouraging early demand. Occupancy rates at these centres ranged from 21% to 45%, highlighting good uptake across both Australian and New Zealand developments.

The group adjusted its New Zealand build rate in the wake of the Iran conflict, reducing its FY26 target to between 600–650 new homes but maintaining group deliveries within its forecast of 700–800, with 454 homes already delivered so far this year. Australian operations remain on track, with Cranbourne North open and Chirnside Park set to open later this year.

What did Summerset Group management say?

Summerset Chief Executive Scott Scoullar said:

Our total first half (1 Jan – 30 Jun) sales were up 17% on the same period last year, with new sales up 12% and resales up 23%… These buildings are central to the resident experience in our villages and provide the care, support and amenity our residents value. We’re pleased with the level of interest and sales momentum across these villages’ new buildings.

What’s next for Summerset Group?

Summerset has reiterated its guidance for a development margin in the 20–25% long-term range, supported by the recent shift towards higher care and apartment sales. The company continues to manage construction in response to broader economic conditions and demand, with flexibility to adjust its build programme.

Investors can look forward to Summerset’s half-year FY26 financial results scheduled for Thursday 27 August. Key milestones, including further progress at Australian sites, will also be closely watched.

Summerset Group Holdings share price snapshot

Over the past 12 months, Summerset Group shares have declined 28%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post Summerset Group delivers Q2 update appeared first on The Motley Fool Australia.

More reading

• Qube Holdings: Supreme Court approves takeover scheme
• West African Resources posts June 2026 quarter gold production update
• Lynas Rare Earths inks $50m deal for new Malaysian magnet factory
• Netwealth posts strong FUA growth and secures Morgan Stanley platform deal
• a2 Milk Company posts double digit FY26 revenue growth despite China supply setback

Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The West African Resources Ltd (ASX: WAF) share price is in focus after the company reported group gold production of 125,179 ounces for the June 2026 quarter, up 37% at Sanbrado compared to Q1, and confirmed it remains on track to meet its annual production guidance.

What did West African Resources report?

• Q2 group gold production: 125,179 oz (Sanbrado 57,608 oz, Kiaka 67,571 oz)
• Q2 group gold sales: 110,737 oz at an average realised price of US$4,556/oz
• Year-to-date group gold production: 232,905 oz
• Year-to-date group gold sales: 214,883 oz at US$4,744/oz
• On track to achieve 2026 guidance of 430,000–490,000 oz gold

What else do investors need to know?

WAF continued to ramp up open pit and underground mining at its Sanbrado centre, with underground mined ounces rising 60% from the prior quarter. The Sanbrado process plant’s gold output rose, thanks to higher grades and recovery rates.

At Kiaka, open pit mining output fell 24% from Q1, mainly due to a reduction in ore tonnes and grade, while processing still delivered growth in gold produced. Regulatory delays affected explosives supply at Kiaka, leading to operational adjustments prioritising ore production.

WAF is also working with the Burkina Faso government and SOPAMIB on finalising SOPAMIB’s 25% acquisition of Kiaka SA, valued at approximately A$176 million.

What did West African Resources management say?

Executive Chairman and CEO Richard Hyde said:

With year-to-date production of 232,905 ounces of gold from our two large low-cost gold production centres of Sanbrado and Kiaka in Burkina Faso, WAF is on-track to achieve 2026 annual production guidance of 430,000 – 490,000 ounces of gold. I look forward to releasing our full quarterly activities report in the coming weeks.

What’s next for West African Resources?

The company expects to maintain 2026 gold production volumes despite delays in permits, with Sanbrado mine plans retaining flexibility to adjust for timing impacts. Subject to government approvals, development of Sanbrado’s M5 South underground is expected to commence in early 2027.

At Kiaka, operational plans continue to adapt to the available explosives supply, focusing on “free dig” mining areas. WAF remains engaged with authorities to secure outstanding approvals and supports growth at both production centres.

West African Resources share price snapshot

Over the past 12 months, West African Resources shares have risen 29%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post West African Resources posts June 2026 quarter gold production update appeared first on The Motley Fool Australia.

More reading

• Qube Holdings: Supreme Court approves takeover scheme
• Summerset Group delivers Q2 update
• Lynas Rare Earths inks $50m deal for new Malaysian magnet factory
• Netwealth posts strong FUA growth and secures Morgan Stanley platform deal
• a2 Milk Company posts double digit FY26 revenue growth despite China supply setback

Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Lynas Rare Earths Ltd (ASX: LYC) share price is under the spotlight today after the company announced a long-term partnership with JS Link to build a rare earth magnet factory in Malaysia. Key highlights include Lynas’ A$50 million investment into JS Link and an exclusive supply agreement for rare earth materials through to January 2038.

What did Lynas Rare Earths report?

• Signed a long-term partnership agreement with JS Link for a Malaysian magnet factory
• Lynas to invest A$50 million in ordinary equity of JS Link (approx. 4.58% stake)
• New magnet factory in Kuantan, Malaysia, will have a 3,000 tonne per annum capacity
• Lynas will exclusively supply rare earth materials to JS Link’s Korean and Malaysian plants until January 2038
• The new factory is expected to create up to 400 jobs in Malaysia

What else do investors need to know?

The new magnet factory will be located near Lynas’ existing advanced materials plant in Kuantan. This strategic location is expected to support both the local economy and Lynas’ expansion in the region.

Magnets produced at the new site are set to supply key manufacturing industries, including automotive, wind energy, and electronics, targeting markets in Korea, Malaysia, and beyond.

Lynas’ equity investment in JS Link will be subject to a three-year escrow period, reflecting a longer-term commitment to this partnership.

What did Lynas Rare Earths management say?

Lynas Rare Earths Interim CEO Pol Le Roux said:

This partnership brings together Lynas’ rare earths processing expertise with JS Link’s magnet manufacturing capability to create a new manufacturing industry in Malaysia. This is an exciting project for the development of a sustainable rare earths industry in Malaysia and delivers on our Towards 2030 growth objective of expanding into the outside China metal and magnet supply chain.

What’s next for Lynas Rare Earths?

Lynas continues to focus on expanding its presence in the rare earths supply chain outside of China, supporting global demand for sustainable technology inputs. The partnership with JS Link underpins its “Towards 2030” strategy and may help cement Lynas’ position as a key supplier in the automotive and clean energy markets.

As construction of the new factory progresses, investors will be watching for updates on timelines, job creation, and the ramp-up of production to meet demand across key growth industries.

Lynas Rare Earths share price snapshot

Over the past 12 months, Lynas Rare Earths shares have risen 122%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post Lynas Rare Earths inks $50m deal for new Malaysian magnet factory appeared first on The Motley Fool Australia.

More reading

• Netwealth posts strong FUA growth and secures Morgan Stanley platform deal
• a2 Milk Company posts double digit FY26 revenue growth despite China supply setback
• 5 things to watch on the ASX 200 on Tuesday
• Here are the top 10 ASX 200 shares today
• ASX 200 slips as Friday’s rally fades

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Netwealth Group Ltd (ASX: NWL) share price is in focus today after announcing an expanded relationship with Morgan Stanley (NYSE: MS) and providing an FY26 outlook. Key highlights include preliminary FY26 funds under administration (FUA) net flows of $15.4 billion, and projected FY27 FUA net flows rising to between $18 billion and $20 billion.

What did Netwealth Group report?

• Preliminary FY26 FUA net flows: $15.4 billion
• Projected FY27 FUA net flows: $18–20 billion (up 17%–30% on FY26)
• FY26 EBITDA margin guidance: ~49%
• FY27 expected EBITDA margin: ~47%
• Capitalised software investment: $12 million (FY26), expected $17 million (FY27)
• FY26 dividend to be based on underlying earnings

What else do investors need to know?

Netwealth has expanded its agreement with Morgan Stanley Wealth Management Australia to provide a platform solution for ASX-listed equities and domestic investments. This major win comes on the back of recent investments in technology and product offerings, including the launch of Netwealth Private and integrated iHIN capability.

A subset of Morgan Stanley’s clients will transition to the Netwealth platform, which will operate alongside Morgan Stanley’s proprietary global platform. Advisers will continue to manage relationships, but the move highlights Netwealth’s strategic push into the $600 billion stockbroking and private wealth market.

What did Netwealth Group management say?

CEO and Managing Director Matt Heine said:

We are pleased to announce the expansion of our relationship with Morgan Stanley, which reflects the deliberate, multi-year investment we have made to extend our product and platform capabilities in a highly scalable way. The investment has underpinned the continued development of our product offering, including the delivery of Netwealth Private and individual HIN capability, alongside a platform designed to deliver scale, digital enablement, and a high-quality client experience that supports our adviser clients and their growth.

What’s next for Netwealth Group?

The company sees strong growth momentum, supported by structural and demographic trends in the platform market. Netwealth aims to double FUA over the next four years, driven by core growth, new client wins, and expansion into adjacent markets.

Management expects continued investment in product, technology, and service delivery to further enhance platform capability and scalability. The group will remain disciplined with capital allocation, targeting high-return opportunities that support long-term earnings growth.

Netwealth Group share price snapshot

Over the past 12 months, Netwealth shares have risen 43%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post Netwealth posts strong FUA growth and secures Morgan Stanley platform deal appeared first on The Motley Fool Australia.

More reading

• Lynas Rare Earths inks $50m deal for new Malaysian magnet factory
• a2 Milk Company posts double digit FY26 revenue growth despite China supply setback
• 2 ASX 200 stocks that could rise 31% and 121%
• 5 things to watch on the ASX 200 on Tuesday
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Laura Stewart 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 Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The a2 Milk Company Ltd (ASX: A2M share price is in focus today after the company reported preliminary FY26 results, featuring revenue up more than 12% to about $1.97 billion, even as China infant milk formula (IMF) sales declined due to supply chain disruptions.

What did The a2 Milk Company report?

• FY26 revenue of approximately $1.97 billion, up over 12% year-over-year
• China label IMF sales down around 14% on FY25 after supply chain issues in 4Q26
• EBITDA margin expected at the high end of 14.0% to 14.5% guidance
• NPAT anticipated to be slightly up on FY25, with underlying NPAT also rising
• Cash conversion of about 70%, well above the previous 50% outlook
• Strong sales across other key categories, including English label IMF and liquid milk

What else do investors need to know?

The a2 Milk Company faced several challenges in the China IMF market during the fourth quarter, such as freight issues, production bottlenecks, and new customs requirements, which led to product shortages. Many customers had to temporarily switch to other brands, impacting in-market sales.

Since then, these supply issues have largely been resolved, with stock levels now back in line and increased product flows across major channels. Management is prioritising marketing and sales efforts to win back previous customers and attract new ones in China.

What’s next for The a2 Milk Company?

Investors can expect a further update when the company releases its audited FY26 results and FY27 outlook on 17 August 2026. Management says efforts will continue to recover China label market share while accelerating new user acquisition with retail and distribution partners, supported by stable supply chains.

The business is also focused on maintaining the growth seen in other product categories and driving operational improvements to support ongoing profitability. Investors will be watching for more detail on strategy and guidance next month.

The a2 Milk Company share price snapshot

Over the past 12 months, a2 Milk shares have declined 3%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post a2 Milk Company posts double digit FY26 revenue growth despite China supply setback appeared first on The Motley Fool Australia.

More reading

• Lynas Rare Earths inks $50m deal for new Malaysian magnet factory
• Netwealth posts strong FUA growth and secures Morgan Stanley platform deal
• 5 things to watch on the ASX 200 on Tuesday
• Here are the top 10 ASX 200 shares today
• ASX 200 slips as Friday’s rally fades

Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.