Santos Ltd (ASX: STO) shares are marching higher today.

Shares in the S&P/ASX 200 Index (ASX: XJO) energy stock closed yesterday trading for $7.94. In late morning trade on Tuesday, shares are changing hands for $8.03 each, up 1.1%.

For some context, the ASX 200 is down 0.4% at this same time.

Santos shares look to be catching some tailwinds, while the broader ASX 200 is facing headwinds, amid intraday news of limited new US and Israeli strikes against Iranian military assets. That news is already seeing global oil prices tick higher.

Separately, Santos is also holding its Investor Briefing Day in Sydney today.

Here’s what investors are tuning into.

Santos shares lift on strategic growth outlook

Santos led the briefing with a profile of its transformational tier-one assets.

The company noted that Barossa is online and currently producing at 75% of the project’s planned 2026 production rates. Santos is targeting plateau production at Barossa in mid-2026, citing unit production costs of less than $7 per barrel of oil equivalent (boe).

Turning to other growth assets expected to support Santos shares longer term, the company’s Pikka phase 1 in Alaska is also online. Management said Pikka is producing intermittently during the final commissioning activities, with “continuous production imminent”. Santos is targeting Pikka plateau production of around 80,000 barrels of oil per day (bopd) in Q3 2026. Unit production costs are expected to be less than $8/boe.

Citing its disciplined growth plans, the ASX 200 energy stock said its targeted free cash flow breakeven price stands between US$45 and US$50 per barrel.

By prioritising upstream investment in the Moomba Central fields over the broader Cooper Basin, the company aims to slash its cumulative capex by around $300 million from 2027 to 2030, with $150 million in savings annually thereafter.

What did management say?

Commenting on the tier-1 assets intended to support Santos shares longer-term, CEO Kevin Gallagher said:

The start-ups of Barossa and Pikka phase 1 are a defining moment for Santos. Production from these two major growth projects will now deliver a step-change in our free cash flow generation.

As for the impact of the ongoing Middle East conflict, Gallagher noted:

Current global instability has brought energy security sharply into focus. This has only reinforced the value of Santos’ diversified asset portfolio and geographic proximity to the fastest growing demand markets in the Asia Pacific.

Looking at what could impact Santos shares in the months ahead, Gallagher concluded:

Going forward, Santos will be laser focused on investment in major oil and LNG production across three regions as we develop tier-1 basins in Alaska and Papua New Guinea and fully appraise Australia’s Beetaloo and Bedout basins to provide scale, higher margins and leverage off existing advantaged infrastructure.

The post Buying Santos shares? Here’s how the company aims to cut spending and lift production appeared first on The Motley Fool Australia.

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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 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.

Shares in Infratil Ltd (ASX: IFT) have plunged on Tuesday after the company issued “underwhelming” guidance for next year.

The company, which invests in data centre and renewable energy businesses, said full-year EBITDAF was up 11% to NZ$989 million, while its total asset value was up 13% to NZ$20.6 billion.

Outlook seen as weak

Infratil said it expected earnings to increase 21% in FY27, which RBC Capital Markets said came in below their expectations and which were “soft” and “underwhelming”.

The company said its earnings were mainly driven by investments in the Australasian data centre business CDC and the US renewable energy business Longroad Energy.

Infratil Chief Executive Officer Jason Boyes said the company was “very pleased to deliver a 13.9% total shareholder return across FY26, despite ongoing market noise and volatility”.

Demand for efficient AI infrastructure is striking and may be the investment opportunity of a lifetime. CDC’s announcement in early May of Australasia’s largest ever data centre contract has swept aside the market ups and downs of FY26, adding approximately 35% of returns since 31 March. CDC has demonstrated Australasia’s opportunity to attract global computing capacity, supported by regional stability, competitive build costs and access to renewable energy.

Infratil said CDC now had more than 1 gigawatt of contracted capacity and was forecasting earnings growth of more than 150% to more than $1 billion in FY28.

The company said that Longroad was also benefiting from data centre expansions.

Longroad Energy’s EBITDAF increased 170% to US$121 million in FY26 and is forecast to grow strongly as more generation enters operation. It has lifted its solar and battery projects under construction to a record 2GW in FY26 which combined with the 3.5GW already in operation, will deliver total generation capacity equivalent to about half of New Zealand’s current capacity. With electricity demand in the USA projected to increase by about 30% to 50% by 2040, Infratil has agreed to provide a further US$300 million to support Longroad’s acceleration over the next two years.

Longroad is targeting US$1 billion in earnings by CY29/30, Infratil said, underpinned by the recent acquisition of a very large-scale, circa 2.8 gigawatt solar and battery development.

Sticking to the strategy

Mr Boyes said the company was constantly on the lookout for new opportunities, with data centres and renewables likely to remain the best bets.

We’re exploring more opportunities to bring power and data centre expertise together – delivering integrated solutions for customers in a way that is more efficient and at greater scale. Longroad, for example, has established a dedicated data centre team and is progressing options to develop more than 4GW of grid-connected data centres, co-located with its solar and battery storage projects. These options could include simply providing the sites as powered land, or with powered shells developed by Longroad or with other partners.

Infratil shares were 6.4% lower on Tuesday at $12.22. The company is valued at $13.05 billion.

The post Why are this ASX data centre company’s shares down more than 6% appeared first on The Motley Fool Australia.

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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.

Elon Musk’s SpaceX (NASDAQ: SPCX) last week issued its prospectus for an initial public offering (IPO) of shares, which would cement Mr Musk’s status as the richest person on Earth and value the company at up to US$2 trillion.

The prospectus for the first time sheds light on the financials of the company’s three divisions – the SpaceX rocket division, the Starlink satellite internet division, and the artificial intelligence division.

Lofty ambitions

Of the three, only Starlink turns a profit at the moment, but early on in the prospectus, it is clear that what you are buying into is as much about a very optimistic view of the future – and the future of the company – based around interplanetary travel, as it is about financial returns.

Naturally, these are meant to flow as the company achieves its mission, which it sets out early on, as such:

Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars. To do this, we have formed the most ambitious, vertically integrated innovation engine on (and off) Earth with unmatched capabilities to rapidly manufacture and launch space-based communications that connect the world, to harness the Sun to power a truth-seeking artificial intelligence that advances scientific discovery, and ultimately to build a base on the Moon and cities on other planets.

SpaceX says, “We believe that space represents the largest economic frontier in human history”, and suggests that they will be building AI infrastructure in space, powered by the “virtually limitless” power of the sun, for the benefit of mankind.

While the company’s ambitions are lofty, it’s currently still burning money, making a US$2.59 billion loss on revenue of US$18.7 billion in 2025.

For the first three months of 2026, the Space division lost US$662 million, the AI division lost US$2.47 billion, and the connectivity division made a profit of US$1.19 billion.

So, at this point, investors will be very much buying into a growth story, rather than a profitable business.

How to buy into the vision

If this is something that you find compelling, the good news is that Australian brokers are likely to be able to offer shares in the SpaceX IPO.

As the prospectus says:

The public offering in Australia will be made pursuant to a separate prospectus which complies with the requirements of the Corporations Act and will be lodged with the Australian Securities and Investments Commission.

Broker CommSec has written to its customers this week, saying the IPO is “expected” to include an Australian retail offer and that it will be the lead Australian retail broker for the IPO.

CommSec said the shares will not be listed on the ASX, and its customers will need an international shares account.

It will also be possible for Australians with an international trading account to buy and sell shares once trading begins on the NASDAQ exchange, expected around June 12.

The post How Australians can buy SpaceX shares in the IPO appeared first on The Motley Fool Australia.

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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.

The rise of GLP-1 obesity drugs like Ozempic and Wegovy has been one of the most covered investment stories of the past two years.

For ResMed Inc (ASX: RMD), the debate has centred on a single question: If millions of people lose weight and no longer suffer from sleep apnea, what happens to demand for CPAP machines?

It is a fair question, and for most of 2025, the market answered it by selling ResMed shares aggressively, at one point sending them to a multi-year low as investors priced in an existential threat to the company’s core business.

Today, the evidence suggests that fear was significantly overstated, and that GLP-1 drugs may actually be one of the most powerful demand drivers ResMed has encountered in years.

Why the fear made sense initially

The bear case was not irrational.

Between 70% and 90% of obstructive sleep apnea cases are driven by obesity, meaning a drug that reliably reduces body weight could logically reduce the addressable market for CPAP devices over time.

That concern became more acute when Eli Lilly‘s GLP-1 drug Zepbound received FDA approval to treat obstructive sleep apnea directly, without requiring a CPAP machine.

This marked the first time a pharmaceutical had been approved as an alternative to device therapy for the condition.

ResMed shares fell sharply on that news, and the stock spent much of 2025 in what analysts described as the penalty box, maintained on watch lists but held back from buy recommendations pending clarity on whether GLP-1 adoption would materially erode device demand.

But the real-world data tells a different story

The most important piece of evidence came from ResMed’s own Q3 FY 2026 earnings call, where CEO Mick Farrell presented new data drawn from a cohort of 1.7 million de-identified patients.

The finding was striking.

PAP patients who subsequently start GLP-1 therapy show higher PAP adherence rates than patients on PAP alone, with two-year resupply rates 5.1% higher and three-year resupply rates 6.2% higher.

In other words, patients who take GLP-1 drugs while using CPAP therapy are more likely to keep using their devices, not less. Farrell went further, stating directly on the call:

We believe GLP-1s are truly a megatrend, and a once-in-a-generation demand-gen opportunity for ResMed Inc. Both GLP-1s and wearables alike are driving more patients to talk with their doctors and ultimately, we believe this will lead to more patients coming into the ResMed Inc. ecosystem.

Why GLP-1s are actually driving more patients to ResMed

As GLP-1 drugs become mainstream and patients visit doctors more frequently to manage their weight, they are also being screened for obesity-related conditions they may not have known they had, including sleep apnea.

According to ResMed, approximately one billion people worldwide are affected by sleep apnea, the vast majority of whom remain undiagnosed.

GLP-1 adoption is bringing millions of those undiagnosed patients into the healthcare system for the first time, and a meaningful proportion of them are receiving sleep apnea diagnoses and CPAP prescriptions as a result.

Furthermore, a meta-analysis published in GeroScience showed that individuals with sleep apnea have a 33% higher risk of developing dementia, and that sleep apnea was associated with a 45% increased risk of Alzheimer’s disease.

That evidence is motivating payers, health systems, and physicians to screen and treat sleep apnea more aggressively than ever before.

The financial performance backs it up

ResMed’s most recent quarterly results leave little doubt about the health of the underlying business.

In Q3 FY 2026, the company delivered revenue of US$1.29 billion, up 11% year on year, with operating income rising 22% and gross margins improving to 58.9%.

The software and services segment, which manages patient data and remote monitoring across more than 23 billion nights of sleep data, grew at a double-digit rate and now generates more than US$200 million per quarter.

ResMed shares remain down in 2026, a hangover from the GLP-1 fear trade that has not yet fully unwound.

Foolish Takeaway

ResMed was sold down on a fear that turned out to be wrong, or at least far less threatening than investors assumed.

The company’s own data now shows that GLP-1 adoption is increasing CPAP adherence, bringing more undiagnosed patients into the healthcare system, and creating what management has described as a once-in-a-generation demand opportunity.

For investors who can look past a year of negative sentiment and focus on what the numbers actually say, ResMed looks like one of the more interesting large-cap healthcare opportunities on the ASX today.

The post The global obesity drug boom could be bigger than investors realise for this ASX stock appeared first on The Motley Fool Australia.

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Motley Fool contributor Mark Verhoeven 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 Eli Lilly and ResMed. The Motley Fool Australia has positions in and has recommended ResMed. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

BHP Group Ltd (ASX: BHP) shares are in the spotlight this week.

The miner’s shares are down 0.2% at $60 a piece in early morning trade on Tuesday. The stock is now 31% higher for the year to date and 56% higher than 12 months ago.

For context, the S&P/ASX 200 Index (ASX: XJO) has tumbled 0.49% this morning, with over half of the companies in the index falling into the red.

Why are BHP shares catching attention this week?

BHP shares hit a fresh record high on Friday last week after investors rotated back into diversified miners after the price of copper surged close to a multi-year high.

According to Trading Economics, copper futures climbed to around US$6.4 per pound on Monday, reaching their highest level in more than a week. Stronger investor sentiment comes off the back of signs that the US and Iran were moving closer to a deal that could reopen the Strait of Hormuz.

At the same time, the miner’s climate policy is generating headlines this week. The mining giant has reportedly delayed billions of dollars in Pilbara decarbonization projects, according to the Guardian. 

In 2019, the miner pledged to reduce emissions from its operations, largely from energy and diesel use at its mines, by 30% by 2030.

It also sought to curtail indirect emissions – from the use of its iron ore and coal by others – which, at that stage, were equivalent to pollution from roughly 126m cars.

But, a leaked document outlines the company’s latest plans to decarbonise its network of Pilbara mines, power plants, trains, and diesel truck fleets that make up its Western Australian iron ore division, the Guardian explains. 

“The urgency for BHP to source renewables had diminished”, it said. BHP was now claiming the plan it had devised to hit net zero in the Pilbara by 2050 had a “low probability of success,” the Guardian reports.

What’s next for BHP shares?

It looks like BHP shares have now reached a ceiling. 

Analysts are mostly reserved about the outlook for the mining giant over the next 12 months.

Market Index brokers have a hold rating on BHP shares and tip a 2% downside to an average target price of $58.77.

The data is similar on TradingView. Out of 19 analysts, 14 have a hold rating on the mining stock. Another four rate the shares as a strong buy, and 1 rates them as a sell.

The average $57.36 target price implies a potential 4% downside at the time of writing. But some think the shares could crash 34% to $39.67, and others think the stock can still climb another 15% to $69.03 within the next 12 months.

The post Why is everyone talking about BHP shares this week? appeared first on The Motley Fool Australia.

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

Kogan.com Ltd (ASX: KGN) shares are having a strong session on Tuesday.

In morning trade, the ASX All Ords share is up 20% to $4.14.

This compares very favourably to the performance of the All Ordinaries index (ASX: XAO), which is down 0.55% at the time of writing.

Why is this ASX All Ords share rocketing today?

The online retailer’s shares are rallying today after it released a trading update before the market open.

According to the release, Kogan has recorded strong sales growth, expanding operating leverage, and profitability over the 10 months ended 30 April.

The core Kogan business achieved gross sales growth of 18.2%, revenue growth of 18.1%, and gross profit growth of 19.5% during the period.

The ASX All Ords share notes that this performance was driven by growth in active customers, increased customer engagement, and continued expansion in platform-based sales.

In addition, the business benefitted from strategic marketing investment and operational cost management, which is contributing to strong operating leverage.

As a result, Kogan segment adjusted EBITDA and adjusted EBIT increased by 32% and 43.2%, respectively, over the prior corresponding period.

Another positive is that the Mighty Ape business continued to make significant progress to profitability. This was driven by aligning its strategy to the wider group.

It notes that momentum accelerated in the four months to 30 April, with its gross margin increasing 8.4 percentage points to 37.8% and adjusted EBITDA losses reducing by 52.8% against the prior corresponding period.

The company stated:

The Company delivered a Group Adjusted EBITDA margin of 8.6%, towards the upper end of previously provided FY26 guidance, which includes the impact of the turnaround of Mighty Ape. This performance was driven by strong profitability within Kogan.com, which achieved Adjusted EBITDA margin of 11.5%, together with materially improved performance at Mighty Ape in the most recent four months to 30 April 2026.

Group results look strong

In light of the above, for the 10 months, total gross sales were up 13.2% to $875.6 million.

Group active customers increased by 4% to 3.5 million, with Kogan active customers increasing by 9%.

The company’s gross profit increased by 11.1% to $177.9 million after its gross margin improved by 1.9 percentage points to 41%.

This ultimately led to group adjusted EBITDA increasing 17.4% to $37.5 million and group adjusted EBIT increasing 25.4% to $26.9 million.

This is quite a turnaround for the ecommerce company after a challenging period.

Following today’s gain, Kogan’s shares are now up over 40% from the 52-week low they reached back in November.

The post Guess which ASX All Ords share is rocketing 20% on big news appeared first on The Motley Fool Australia.

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

Treasury Wine Estates Ltd (ASX: TWE) shares are in the red on Tuesday after investors were handed another leadership update.

At the time of writing, the Treasury Wine share price is down 2.82% to $4.48.

The move adds to a rough period for shareholders. The Penfolds owner is now down around 15% in 2026 and 46% over the past year.

The latest pressure comes as the company prepares for a major change to how the business is run.

CFO exit brought forward

According to the release, Boxer’s retirement has been moved forward by a month.

His departure was announced in March and had been scheduled for 30 September. This was one day before Treasury Wine’s new regional operating model takes effect on 1 October.

He is now set to leave on 30 June, after six years with the company.

Deputy CFO Justin Pipito will reportedly become interim CFO and strategy officer from 1 June.

Treasury Wine did not give a reason for the earlier exit date.

A business in the middle of a reset

Treasury Wine is also working through a broader restructure after a difficult stretch in key markets.

The company announced in April that it would shift to a regional operating model across the Americas, Australia and New Zealand and Europe, Greater China, and emerging markets.

The restructure also means Penfolds will no longer sit as a stand-alone division.

It is a significant change for the business, given Penfolds has long been Treasury Wine’s flagship luxury wine brand.

Management said the new structure is designed to improve efficiency and accountability across each region.

The update landed well with the market at the time. Treasury Wine shares rose 16.54% after the company reaffirmed guidance and pointed to stronger depletions in China and the United States.

Depletions refer to shipments from distributors and wholesalers to customers such as retailers, bottle shops, and restaurants. They can give a cleaner read on underlying demand than shipments into warehouses.

Why the share price is still under pressure

Today’s share price fall shows the market still needs more convincing.

Treasury Wine is dealing with softer demand, pressure in the United States, and a difficult global wine market.

It is also trying to rebuild momentum in China after several disrupted years.

There have been some better signs. In April, Treasury Wine said Penfolds depletions rose 40% in China over the Chinese New Year period.

Overall US market depletions were also up 9.1% on the previous corresponding period.

But after a 45% fall in the share price over the past year, the market still wants stronger proof that the reset is working.

The post Treasury Wine shares slide as another leadership change hits sentiment appeared first on The Motley Fool Australia.

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

The interest rate on term deposits has risen this year, thanks to the higher RBA interest rate. But I still rate ASX dividend shares as better investments for people who want to generate passive income.

There are two factors that make me want to choose businesses over term deposits. They can offer a higher yield, and they can deliver growth. Both the payout and share price can grow over time.

I’m calling the below ASX dividend shares compelling ideas to buy today.

Rural Funds Group (ASX: RFF)

Rural Funds is a real estate investment trust (REIT) that owns farmland across Australia in different states and climate conditions.

The REIT owns a few different types of farms, including almonds, cattle, vineyards, macadamias and cropping. I like the diversification here because it reduces the risk of being overly exposed to one type of farm and gives it more industry areas to look for opportunities.

Rural Funds has a solid distribution yield, currently paying 11.73 cents per unit annually. That translates into a forward distribution yield of 5.9%.

Higher interest rates are a headwind for Rural Funds in the short term, but the business has steadily growing rental income thanks to fixed annual increases for some farms and inflation-linked increases at others.

It looks like a bargain to me because of the discount between the unit (share) price on the ASX and the latest net asset value (NAV). The adjusted NAV was $3.10 as of 31 December 2025, so it’s currently trading at a discount of around 36% to that figure, which is a very attractive discount in my books.

WCM Global Growth Ltd (ASX: WQG)

The other ASX dividend share I want to highlight that’s more attractive than a term deposit is this listed investment company (LIC), which invests in a portfolio of quality global shares.

The idea is that the investment team look for businesses with expanding economic moats (or improving competitive advantages). Companies that become steadily stronger are more likely to deliver pleasing profit growth and shareholder returns, in my opinion.

Another feature that the WCM investment team looks for is a corporate culture that helps improve the economic moat. WCM has specific aspects it looks for, as well as questions for management, that help determine whether the corporate culture is positive.

The LIC’s portfolio has delivered a net return (after fees) of 15.4% since inception in June 2017, helping it fund both a growing dividend and capital growth of the share price.

It is increasing its quarterly dividend every quarter, which is pleasing consistency for shareholders.

The next four quarterly dividends to be officially declared are expected to amount to 9.59 cents per share, which translates into a grossed-up dividend yield of 7.3%, including franking credits.

This ASX dividend share is also trading at a small discount to its net tangible assets (NTA), so I think it’s a good time to invest.

The post Forget term deposits! I’d buy these ASX dividend shares instead appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Rural Funds Group and Wcm Global Growth. 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 Rural Funds Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The All Ordinaries Index (ASX: XAO) is down 0.6% today, but don’t blame this ASX All Ords silver share.

The outperforming stock in question is Silver Mines Ltd (ASX: SVL).

Silver Mines shares closed yesterday trading for 15.5 cents. In morning trade on Tuesday, shares are changing hands for 16.3 cents apiece, up 4.8%.

This sees the Silver Mines share price up an impressive 63.9% over the last 12 months, racing ahead of the 3.2% one-year gains posted by the All Ords.

Here’s what’s grabbing investor interest again today.

ASX All Ords silver share jumps on land purchase

Silver Mines shares are charging higher after the miner announced that its wholly owned subsidiary, Bowdens Silver, has inked a binding agreement to acquire a parcel of freehold land. The agreement also includes associated water entitlements.

The newly acquired land is strategically located next to Silver Mines’ flagship Bowdens Silver Project, located in New South Wales.

The ASX All Ords silver share noted that, on completion of the latest acquisition, it will own some 3,345 hectares of freehold land. Taken together with its existing leases and land access agreements, this covers the entire Bowdens Silver Project area along with “a substantial surrounding buffer area”.

Silver Mines will pay $12.5 million in cash for the new freehold land parcel, with $1.76 million already having been paid to vendors. The miner will dip into its existing cash reserves to fund the purchase. It expects full settlement of most lots on 24 July.

What did Silver Mines management say?

Commenting on the strategic land acquisition helping lift the ASX All Ords silver share today, Silver Mines managing director Jo Battershill said, “Securing this strategic landholding demonstrates Silver Mines’ confidence in the future development of the Bowdens Silver Project, one of the world’s largest undeveloped silver projects.”

Battershill added:

The acquisition materially strengthens our land holding position around the project area, supporting our long-term development strategy as we progress the redetermination of the Development Consent and Mining Lease approvals.

Importantly, the acquisition delivers a number of strategic benefits to the project, including enhanced water security, biodiversity enhancement opportunities, and flexibility for future infrastructure.

The property also supports ongoing grazing and cropping activities, reflecting our commitment to responsible land stewardship and productive agricultural use.

Looking ahead, Battershill concluded:

The Bowdens Definitive Feasibility Study remains on track for completion around mid-year and we look forward to updating investors with the results in the coming months.

The post Why is this ASX All Ords silver share surging in Tuesday’s sinking market? appeared first on The Motley Fool Australia.

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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 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 are in the red on Tuesday as investors remain wary about whether a US-Iran deal will eventuate.

According to Trading Economics, the US and Iran are discussing a framework that would extend the ceasefire for two months.

Additionally, the US would lift its blockade of Iranian ports while Iran would reopen the Strait of Hormuz, a critical global oil and gas shipping channel.

While the world waits for further news, three experts give us their views on three ASX shares.

Let’s take a look.

Catapult Sports Ltd (ASX: CAT)

The Catapult Sports share price is $3.28, down 2.1% today and down 35% over six months.

Morgans has reiterated its buy rating on this ASX tech share and shaved its 12-month target from $5.55 to $5.40.

The broker said: 

CAT’s FY26 result confirmed strong organic momentum, with revenue US$141m (+19% c/c) and closing ACV US$134m (+28% c/c) at the top of guidance, while Management EBITDA of US$25m (17.6% margin, +67% pcp) beat MorgansF.

Operating leverage is now evident, with a 41% incremental margin (48% ex-acquisitions) in the period.

ACV per pro team crossed US$30k for the first time whilst SaaS metrics improved.

We trim FY27-FY29F Management EBITDA by 6-8% factoring in the result.

Tower Ltd (ASX: TWR)

The Tower share price is $1.58, up 1.9% today and down 6% over six months.

Mark Elzayed from Investor Pulse has a hold rating on this ASX financial share. 

On The Bull this week, Elzayed said: 

Tower is a New Zealand focused insurer benefiting from solid policy growth and improved underwriting conditions.

The company generated 15,000 new customers in the year to March 31, 2026, despite a subdued economic environment.

The company announced growth initiatives for the second half of 2026, including a partnership with Westpac Banking Corp (ASX: WBC) to offer general insurance products to its retail customers.

In our view, company performance and outlook supports a hold recommendation at this stage of the cycle.

Guzman Y Gomez Ltd (ASX: GYG)

The Guzman Y Gomez share price is $20.05, up 0.9% today and down 12% over six months.

Last week, the Mexican restaurant chain upgraded its earnings guidance and announced the abandonment of its US expansion plans.

Guzman y Gomez now expects underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) of approximately $85 million, up 29% year over year, for FY26.

Citi has reiterated its sell rating on the ASX consumer discretionary share.

The broker increased its 12-month price target from $16.55 to $18.35.

The post Buy, hold, sell: Catapult Sports, Tower, Guzman y Gomez shares appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of Motley Fool Money. 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 Catapult Sports. The Motley Fool Australia has positions in and has recommended Catapult Sports. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.