• Google stands to make $111 billion if SpaceX goes public at a $1.5 trillion valuation

    WASHINGTON, DC - JANUARY 20: Google CEO Sundar Pichai (L) talks with Tesla and SpaceX CEO Elon Musk at the inauguration of President Donald Trump at the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States.
    WASHINGTON, DC – JANUARY 20: Google CEO Sundar Pichai (L) talks with Tesla and SpaceX CEO Elon Musk at the inauguration of President Donald Trump at the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States.

    • In 2015, Google invested around $900 million in SpaceX for a stake of around 7%.
    • SpaceX is reportedly planning to go public next year at a valuation of $1.5 trillion.
    • That would make Google's stake worth around $111 billion.

    Talk about the rich getting richer.

    Alphabet, parent company of Google, has been one of the best-performing stocks of the year, up nearly 70%, and now has a market capitalization of $3.8 trillion.

    The company also happened to make what could turn out to be one of the most lucrative startup investments of all time, which could finally bear fruit next year.

    In 2015, Google invested around $900 million in SpaceX for a stake of around 7% in Elon Musk's space company, which was then valued at $12 billion.

    Now SpaceX is reportedly planning to go public next year at a valuation of $1.5 trillion, which would make Google's stake worth around $111 billion.

    Even for a company as big as Google, SpaceX's success has already had a material impact on earnings.

    Earlier this year, Google reported an $8 billion gain from "non-marketable equity securities," which Bloomberg identified as SpaceX. That gain represented 25% of Google's net income for the first quarter of 2025.

    Google is one of the largest outside investors in SpaceX, along with VC firm Founders Fund and Fidelity.

    Google and SpaceX did not respond to requests for comment.

    Google's 2015 investment, which was focused on Starlink, now looks certain to be a towering success, but at that time, it was met with considerable skepticism.

    "One big technical and financial challenge facing the proposed venture is the cost installing ground-based antennas and computer terminals to receive the satellite signals," The Wall Street Journal wrote about Google's investment at the time. "Another unanswered question is how SpaceX plans to transmit Internet signals to Earth. The company isn't believed to control rights to radio spectrum."

    Most of those questions have been answered with Starlink, now used by everyone from the Ukrainian army to United Airlines.

    Aside from just the paper gains, Google's investment has also been a strategic advantage, as SpaceX has used Google Cloud to power Starlink.

    Read the original article on Business Insider
  • Brokers say buy these ASX stocks for 6% dividend yields in 2026

    Happy young woman saving money in a piggy bank.

    Fortunately for income investors, there are a lot of options out there for them to choose from on the Australian share market.

    But which ASX dividend stocks could be buys in December? Let’s take a look at two that analysts at are recommending as buys:

    Amcor (ASX: AMC)

    The first ASX dividend stock that analysts are tipping as a buy is packaging giant Amcor.

    Morgans is bullish on the company due to its positive outlook and attractive valuation. It has put a buy rating and $15.20 price target on its shares.

    Commenting on Amcor, the broker said:

    Following AMC’s solid 1Q26 result, management’s increased confidence in delivering FY26 synergy targets, and the reaffirmation of FY26 guidance, we believe the outlook remains positive. Trading on 10.4x FY26F PE with a 6.1% yield, we view the valuation as attractive. Potential positive catalysts include meeting or exceeding expectations in upcoming quarterly results and the successful completion of additional asset sales.

    Morgans believes that this positions the company to pay dividends per share of approximately 81 cents in FY 2026 and then 83 cents in FY 2027. Based on its current share price of $12.24, this would mean dividend yields of 6.6% and 6.8%, respectively.

    GDI Property Group Ltd (ASX: GDI)

    Another ASX dividend stock that could be a buy is GDI Property Group.

    It describes itself as an integrated, internally managed property and funds management group with capabilities in ownership, management, refurbishment, leasing, and syndication of office properties.

    Bell Potter is a fan of the company and has put a buy rating and 85 cents price target on its shares.

    The broker highlights that GDI Property’s shares trade at a deep discount compared to their net tangible assets. This could be a buying opportunity for investors. It said:

    No change to our Buy recommendation. GDI continues to trade at a significant -41% discount to NTA which reflects no value for its FM OpCo, and while the Perth office market recovery could be a ‘slow burn’ with early leasing wins working through for GDI, we do still see upside from current levels which drops straight through to FFO gains.

    As for income, the broker is forecasting dividends of 5 cents per share in both FY 2026 and FY 2027. Based on its current share price of 65 cents, this would mean dividend yields of 7.7% for both years.

    The post Brokers say buy these ASX stocks for 6% dividend yields in 2026 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Amcor plc right now?

    Before you buy Amcor plc 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 Amcor plc 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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Amcor Plc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • APA Group declares December 2025 half-year distribution

    Woman with headphones on relaxing and looking at her phone happily.

    The APA Group (ASX: APA) share price is in focus today after the company declared a distribution of 27.5 cents per security for the six months ending 31 December 2025, with payment set for 18 March 2026.

    What did APA Group report?

    • Distribution of 27.5 cents per fully paid stapled security, payable on 18 March 2026
    • Distribution relates to the six months to 31 December 2025
    • Record date is 31 December 2025, with ex-date on 30 December 2025
    • Distribution Reinvestment Plan (DRP) available with a 1.5% discount
    • New Zealand holders can elect NZD or AUD payment

    What else do investors need to know?

    APA Group has confirmed that securityholders can participate in the DRP, enabling reinvestment of distributions at a 1.5% discount. The DRP price will be calculated using a 10-day volume-weighted average price after the record date.

    For cash payments, New Zealand holders may nominate their preferred currency by the record date. If no election is made, payments to New Zealand addresses will be withheld in NZ dollars until banking details are provided.

    What’s next for APA Group?

    The distribution payment is scheduled for 18 March 2026, and the final amount will be confirmed on 19 February 2026. Investors who wish to participate in the DRP must lodge election notices by 2 January 2026.

    APA Group continues to offer investors flexible payment and reinvestment options, supporting consistent returns for securityholders.

    APA Group share price snapshot

    Over the past 12 months, APA Group shares have risen 23%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

    View Original Announcement

    The post APA Group declares December 2025 half-year distribution appeared first on The Motley Fool Australia.

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

    Before you buy APA Group 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 APA Group 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 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 positions in and has recommended Apa 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.

  • St Barbara announces $470 million worth of deals to bolster its expansion plans

    A few gold nullets sit on an old-fashioned gold scale, representing ASX gold shares.

    Gold miner St Barbara Ltd (ASX: SBM) has announced two deals worth $470 million under which it will sell down interests in its Simberi gold operations in Papua New Guinea.

    The company has also announced a positive feasibility study for expansion of the Simberi mine, which would add another 13 years to its mine life.

    Two major deals announced

    Late on Wednesday, St Barbara said it had struck an agreement with Chinese company Lingbao Gold Group (HKG: 3330), which would pay $370 million for a half stake in a St Barbara subsidiary, which in turn would own 80% of the Simberi gold project.

    St Barbara separately announced a deal to sell 20% of Simberi to another company, Kumul Mineral Holdings, for $100 million.

    St Barbara said the transactions would mean it was fully funded for its share of the expected capital costs of the Simberi expansion project, “thereby significantly derisking the Simberi Expansion Project and accelerating the timeline to final investment decision and expanded production”.  

    Deal a boon for shareholders

    The company said in a statement to the ASX that the deal valued the Simberi project at more than St Barbara’s current market valuation.

    The transaction values 100% of the Simberi Gold Project at $800 million which represents a 31% premium to the current St Barbara market capitalisation. The transaction represents a materially higher premium to the current look through value of Simberi within St Barbara, with St Barbara’s market capitalisation also reflecting its 100% ownership of the development projects in Nova Scotia and substantial cash, bullion, gold sales receivables and investments.

    St Barbara said Lingbao was a major Chinese gold producer, which was listed on the Hong Kong Stock Exchange, with a valuation of about US$2.8 billion.

    St Barbara Managing Director Andrew Strelein said the two deals announced on Wednesday would help fast-track the Simberi expansion.

    The investments by Lingbao and Kumul in Simberi will help us accelerate the development of the Simberi Expansion Project and the delivery of its value to our shareholders and key stakeholders in PNG.” “This is a high-quality brownfields project with low capital intensity, a highly competitive operating cost structure and long-life resource that has potential to grow in the future. With Lingbao we have a committed, experienced and a well-funded partner. In addition, we welcome Kumul to the project as a co-investor.

    St Barbara also announced on Wednesday that the feasibility study into the Simberi expansion indicated it would produce 2.1 million ounces of gold over 13 years out to 2039.

    The initial project capital was estimated at US$275 million, with pre-expansion growth capital of a further US$50 million to US$70 million across FY26 and FY27.

    Mr Strelein said the project was developing into a “highly compelling opportunity to create real value for St Barbara shareholders”.

    The expansion project would double the rate of mining from the current rate of 10 million tonnes of ore per year.

    The post St Barbara announces $470 million worth of deals to bolster its expansion plans appeared first on The Motley Fool Australia.

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

    Before you buy St Barbara 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 St Barbara 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 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.

  • AMP settles legacy class action for $29 million

    A silhouette shot of two business man shake hands in a boardroom setting with light coming from full length glass windows beyond them.

    The AMP Ltd (ASX: AMP) share price is in focus after the company announced a $29 million in-principle settlement to resolve a commissions class action, addressing legacy legal issues dating back to 2014.

    What did AMP report?

    • Reached agreement in principle to settle a class action for $29 million
    • Claims relate to commissions paid from July 2014 to February 2021
    • Settlement covers AMP and former advice subsidiaries
    • Settlement is subject to Federal Court approval and final documentation

    What else do investors need to know?

    The class action was initiated in 2020 and relates to historical commissions paid by AMP and subsidiaries, including AMP Financial Planning, Charter Financial Planning, and Hillross Financial Services. The settlement also covers claims against Resolution Life Australasia (formerly AMP Life), which provided insurance products during the relevant period.

    AMP has emphasised that the agreement involves no admission of liability. The company is continuing to address historic legal matters while focusing on its ongoing operations and customer commitments.

    What did AMP management say?

    AMP Chief Executive Alexis George said:

    I’m pleased that we have resolved another legacy legal matter as we focus on the future and on delivering for our customers and members.

    What’s next for AMP?

    The $29 million class action settlement awaits approval from the Federal Court of Australia and final documentation processes. If approved, this will help AMP draw a line under a key legacy legal matter.

    AMP has been working to resolve legacy legal and regulatory issues, with management signalling an ongoing focus on operational performance and supporting customers in the future.

    AMP share price snapshot

    Over the past 12 months, AMP shares have risen 14%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

    View Original Announcement

    The post AMP settles legacy class action for $29 million appeared first on The Motley Fool Australia.

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

    Before you buy AMP 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 AMP 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 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.

  • 3 ASX dividend stocks to brighten your Christmas stocking

    Santa at the beach gives a big thumbs up, indicating positive sentiment for the year ahead for ASX share prices

    With Christmas only a few weeks away, some Australians are turning their attention to gifts, holidays, and long lunches. Others are quietly eyeing the share market, looking for ASX dividend stocks that might deliver a little extra cheer well into the new year.

    If you’re in the latter camp, three income-friendly ideas stand out thanks to resilient business models, improving outlooks, and ongoing commitments to shareholder returns.

    APA Group (ASX: APA)

    Energy infrastructure giant APA Group has spent the past two decades expanding and operating one of Australia’s most critical gas pipeline networks. Its steady, regulated-style earnings profile has long made it a favourite among dividend seekers, and FY25 results reinforced why.

    APA delivered underlying operating earnings (EBITDA) growth of just over 6%, supported by modest margin expansion and strong underlying demand for gas transport. The company is also guiding for further earnings growth in FY26 as it progresses key expansion projects, including upgrades to the East Coast Gas Grid.

    Dividends continue to edge higher, with management planning a small uplift in FY26. While not the fastest dividend growth story on the market, APA’s appeal lies in consistency. The current distribution yield sits around the mid-6% range, partially franked, and the company appears well-positioned to continue generating dependable cash flows backed by long-term contracts and essential infrastructure.

    For investors who prioritise stability, APA remains one of the sturdier ASX dividend stocks heading into 2026.

    Washington H. Soul Pattinson and Co Ltd (ASX: SOL)

    Investment house Washington H. Soul Pattinson brings a different flavour of income altogether. Unlike traditional industrials or utilities, Soul Patts invests its capital across listed equities, private businesses, property, credit, and emerging ventures. The result is a diversified, long-term focused portfolio with a remarkable record of compounding value over decades.

    The share price has pulled back since its merger with Brickworks, bringing its fully franked dividend yield up towards the high 2% range. That may seem modest at first glance, yet Soul Patts has increased its dividend every year since 2000 — a feat few ASX companies can match.

    Recent updates have highlighted growing contributions from both established holdings and a pipeline of smaller private investments spanning multiple industries. Several of these early-stage businesses — from education services to financial advice — are being nurtured with an eye toward long-term growth.

    For patient investors, Soul Patts continues to offer something rare: a conservative balance sheet, a long track record of prudent capital allocation, and dividends that have proven incredibly reliable over time.

    Vanguard Australian Shares High Yield ETF (ASX: VHY)

    If diversification is your Christmas wish, the Vanguard Australian Shares High Yield ETF could be a simple way to spread income risk across dozens of large, dividend-paying companies.

    The ETF screens for businesses forecast to pay higher dividends relative to the broader market while applying guardrails to avoid excessive concentration in any single sector or holding. As of the latest update, the fund holds a mix of banks, energy companies, infrastructure names, and defensive industrials — many of which have long histories of paying dividends.

    VHY has delivered strong total returns since 2022 and currently offers a yield in the high single digits, with franking levels that vary quarter to quarter. Distribution volatility can occur, but longer-term investors have generally been rewarded with rising payouts over time.

    For investors who prefer a hands-off approach to income investing, VHY may offer one of the simplest pathways to building a diversified basket of ASX dividend stocks.

    Foolish Takeaway

    Whether you favour infrastructure, diversified investment houses, or broad-market ETFs, this trio shows there are still opportunities for income-focused investors as the year winds down. 

    As always, a long-term mindset and a focus on quality remain the best gifts you can give your future self.

    The post 3 ASX dividend stocks to brighten your Christmas stocking appeared first on The Motley Fool Australia.

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

    Before you buy APA Group 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 APA Group 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 Leigh Gant 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 Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Apa Group and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Vanguard Australian Shares High Yield ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • HomeCo Daily Needs REIT posts $219m gain and refinances $810m debt

    A couple working on a laptop laugh as they discuss their ASX share portfolio.

    The HomeCo Daily Needs REIT (ASX: HDN) share price is in focus today, after the company posted a $219 million preliminary unaudited valuation gain for the half-year ended 31 December 2025, representing a 4.5% lift in portfolio value, and completed an $810 million debt refinancing.

    What did HomeCo Daily Needs REIT report?

    • Preliminary unaudited valuation gain of $219 million, up 4.5% on June 2025 portfolio value
    • Gearing remains within target range at the midpoint of 30–40%
    • Refinanced $810 million of debt, now maturing July 2028, with a 42.5 basis point margin improvement
    • Distribution of 2.15 cents per unit for the December quarter declared
    • FY26 distribution guidance reaffirmed at 8.6 cents per unit; FFO guidance at 9.0 cents per unit

    What else do investors need to know?

    The valuation increase was driven by strong net operating income growth, solid tenant demand, and a slight tightening of capitalisation rates to 5.51%. This is the fourth straight period HomeCo Daily Needs REIT has posted positive net revaluation gains, bolstered by ongoing tenant-led developments.

    Approximately 70% of HomeCo Daily Needs REIT’s debt is hedged until December 2026, helping manage interest rate risk. The December quarter distribution comes with an active Distribution Reinvestment Plan, allowing unitholders to reinvest with no discount.

    What did HomeCo Daily Needs REIT management say?

    HomeCo Daily Needs REIT Fund Manager Paul Doherty said:

    This is the fourth consecutive period HDN has recorded positive net revaluation gains. The positive valuation gain has been driven by strong net operating income growth, accretive tenant led developments and capitalisation rate tightening.

    What’s next for HomeCo Daily Needs REIT?

    Looking ahead, HomeCo Daily Needs REIT has reaffirmed its guidance for FY26, expecting distributions of 8.6 cents per unit and FFO of 9.0 cents per unit. The company will continue focusing on high occupancy, tenant-led development opportunities, and maintaining a strong balance sheet.

    HomeCo Daily Needs REIT is also a strategic investor in the Last Mile Logistics fund, aiming to further grow its footprint in convenience-based, non-discretionary retail and essential last mile infrastructure.

    HomeCo Daily Needs REIT share price snapshot

    Over the past 12 months, HomeCo Daily Needs REIT shares have risen 15%, outpacing the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

    View Original Announcement

    The post HomeCo Daily Needs REIT posts $219m gain and refinances $810m debt appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Homeco Daily Needs REIT right now?

    Before you buy Homeco Daily Needs REIT 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 Homeco Daily Needs REIT 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 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 recommended HomeCo Daily Needs REIT. 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.

  • When a top ASX stock falls 30%, it gets my attention. Here’s why

    discount asx shares represented by gold baloons in the form of thirty per cent.

    The Xero Ltd (ASX: XRO) share price has been on a rough run in recent months, falling close to 30% from its highs. For a company long seen as one of the premium tech names on the ASX, the pullback has caught the eye of many investors, including me.

    At yesterday’s market close, Xero shares were changing hands for about $114. It has been nearly two years since the stock traded this low, and analysts continue to place their estimates much higher than that.

    Which brings us to the obvious question: has the market gone too far, or is this a rare chance to pick up a high-quality growth stock at a serious discount?

    Why has the Xero share price struggled?

    Unfortunately for Xero investors, the recent slide hasn’t come out of nowhere. The company has faced a combination of headwinds, including slower subscriber growth in important regions, higher operating costs, and rising competition. With small-business conditions softening as well, several brokers cut their price targets, which weighed further on the Xero share price.

    There were also concerns that Xero’s margins might take longer to improve than previously hoped, especially with the company continuing to invest heavily in product development and AI features.

    Has the market priced in too much bad news?

    Despite the slump, Xero remains a high-quality, global business with a long runway ahead of it. The company continues to grow revenue at a solid pace, subscriber numbers remain strong overall, and long-term adoption of cloud accounting software still has plenty of room to expand, particularly in the UK and North America.

    Several analysts have flagged the recent sell-off as overdone. Current broker price targets generally sit between $145 and $170, with Macquarie going as far as tipping nearly 90% upside from current levels.

    Xero has also been trimming costs, making the business more efficient, and being more selective with its spending.

    What could help improve sentiment

    A few things may help shift the market’s view over the next 12 to 18 months, including steadier subscriber growth in major markets, stronger margins, continued interest in Xero’s AI-driven tools, and improving conditions for small businesses.

    If Xero can show clear progress across these areas, it wouldn’t take much for investor confidence to quickly rebuild.

    So, is this a buying window for long-term investors?

    A 30% pullback in a high-quality tech company is not something you see very often. Xero remains a global leader in a subscription-based market, with a long runway still ahead of it.

    Whether this turns out to be one of those buying moments will depend on what management delivers next, but at these levels, the Xero share price is starting to look much more appealing for long-term investors.

    The post When a top ASX stock falls 30%, it gets my attention. Here’s why appeared first on The Motley Fool Australia.

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

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

  • Nvidia stock price slumped 12.6% in November. What’s next for the artificial intelligence (AI) behemoth?

    A man looking at his laptop and thinking.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    Key Points

    • Nvidia stock dropped 12.6% in November as investors weighed growing concerns of an AI bubble.
    • Google’s new frontier model was trained on its own chips, challenging the idea that companies need to shell out for Nvidia’s pricey GPUs.

    November was a tough month for Nvidia (NASDAQ: NVDA) investors. Despite reporting another blowout quarter on November 19th, the artificial intelligence (AI) juggernaut’s stock fell 12.6% from the closing bell on Oct. 31 through the end of trading on Nov. 28.

    November was marked by growing fear of an AI bubble with Nvidia at its very heart. While Nvidia itself is making incredible amounts of money selling picks and shovels to AI gold miners, investors are wondering just how much gold there really is and if it’s enough to justify buying Nvidia’s extremely expensive equipment — at least at current levels.

    While that concern has been on the mind of shareholders for some time, it peaked this month after Alphabet‘s Google released its latest AI model, Gemini 3. The large language model (LLM) was widely received as an improvement on the latest models from both OpenAI and Anthropic, but critically, the model was trained with Google’s own chips, not Nvidia’s.

    Google’s Gemini 3 raises questions about Nvidia’s AI chip dominance

    These chips — called TPUs — are specifically designed and optimized for the kinds of operations that Google uses to train its LLMs, making them both cheaper to produce and cheaper to run. That directly challenges the primary narrative driving Nvidia’s success, that its chips are so much more advanced than the competition that it is worth paying a hefty premium for them.

    And while it is still true that Nvidia’s GPUs are far more powerful and flexible than Google’s TPUs, given Gemini 3 is so capable, it’s reasonable to wonder why Google — or any of the other massive hyperscalers with the means to develop their own chips — wouldn’t move toward relying primarily on their own chips.

    Record Q3 earnings couldn’t stop the November sell-off

    Despite this fear, however, Nvidia’s Q3 earnings showed no signs that its orders are slowing down — quite the opposite. It once again delivered massive top- and bottom-line growth, both year-over-year and quarter over quarter, with gross margins that one would expect from a Software as a Service (SaaS) company, not a chipmaker. 

    Nvidia stock has regained its footing, rising roughly 4.3% so far in December. While peak fear seems to have subsided, I think investors should still be cautious. It is hard to argue with the eye-popping numbers Nvidia is delivering, but I do question how long its place at the center of the AI boom — and the AI boom itself — can continue.

    There has been limited evidence of AI’s impact so far in the real economy, and while there is certainly a lot of promise in the technology, there comes a point where that won’t be enough for shareholders to stomach the hundreds of billions being invested.

    Nvidia’s valuation is entirely built on its growth trajectory continuing apace. In the near term, there are no real signs that will falter. Long term, however, I have my doubts.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

    The post Nvidia stock price slumped 12.6% in November. What’s next for the artificial intelligence (AI) behemoth? appeared first on The Motley Fool Australia.

    This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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    Johnny Rice 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 Alphabet and Nvidia. The Motley Fool Australia has recommended Alphabet and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Oracle misses on quarterly revenue as questions about AI infrastructure spending and debt drive stock slide

    racle's Executive Chairman of the Board and Chief Technology Officer Larry Ellison works behind a computer during his keynote address at Oracle OpenWorld in San Francisco
    • Oracle missed its quarterly revenue estimates, causing its shares to fall by more than 6% after hours.
    • Despite the miss, Oracle still saw 14% year-over-year revenue growth in the quarter ending November 30.
    • Oracle has leaned into AI, betting big on massive data center expansion to win more business.

    Oracle missed its quarterly revenue.

    Oracle shares slid more than 6% on Wednesday in after-hours trading, after the software giant posted quarterly results that fell short of Wall Street's revenue expectations.

    Here's how the numbers stacked up against estimates:

    • Adjusted EPS: $2.26 vs. $1.64 expected
    • Revenue: $16.06 billion vs. $16.21 billion expected

    Despite the miss, Oracle still saw 14% year-over-year revenue growth in the quarter ending November 30. Net income jumped to $6.14 billion, or $2.14 per share, up sharply from $3.15 billion, or $1.13 per share, a year earlier.

    The results drop as Oracle leans heavily into the AI frenzy, betting big on massive data center expansion to win more business.

    In its September earnings report, Oracle stunned Wall Street with a surge in cloud bookings tied to AI workloads, a boom that sent the stock to a record high. But the rally didn't last. Shares have since tumbled roughly a third as investors grow skittish about the enormous capital required to keep building data centers and whether Oracle's biggest customer, OpenAI, can actually deliver on the multibillion-dollar cloud commitments it's making.

    "Capex & financing needs have been the biggest investor
    question over the last two months, weighing on the stock," wrote Derrick Wood, an analyst at TD Cowen.

    This is a developing story; please check back for updates.

    Read the original article on Business Insider