• Elon Musk says DOGE was ‘a little bit’ successful — but he wouldn’t do it again

    Elon Musk and Donald Trump in the Oval Office.
    WASHINGTON, DC – FEBRUARY 11: Tesla and SpaceX CEO Elon Musk, accompanied by U.S. President Donald Trump (R), and his son X Musk, speaks during an executive order signing in the Oval Office at the White House on February 11, 2025 in Washington, DC. Trump is to sign an executive order implementing the Department of Government Efficiency's (DOGE) "workforce optimization initiative," which, according to Trump, will encourage agencies to limit hiring and reduce the size of the federal government.

    • Elon Musk said on a podcast that he wouldn't join the DOGE office again if he could go back in time.
    • He added that the cost-cutting department was only "somewhat" successful in saving taxpayer money.
    • Musk said he'd skip working for the department and focus on building his companies instead.

    If he could do it all over again, Elon Musk says he wouldn't have participated in DOGE.

    Speaking on "The Katie Miller Podcast," the Tesla and SpaceX CEO said the White House's Department of Government Efficiency, a new office created at the beginning of President Donald Trump's second term, was only "somewhat successful" at saving taxpayer money, and Musk believes he could have better spent his time focused on his various business ventures.

    "I guess I couldn't believe I was there for the most part. It's like — it all seemed extremely surreal at the time," Musk told Miller, who is married to Stephen Miller, who currently serves as White House deputy chief of staff.

    The name DOGE itself, Musk said, was made up "based on internet suggestions," and, while he still agrees that it's a worthwhile cause to try to slow government spending, he doesn't see his efforts as particularly effective during the months he worked alongside the Trump administration.

    "We were a little bit successful. We were somewhat successful," Musk said. "I mean, we stopped a lot of funding that really just made no sense, that was just entirely wasteful. For example, there was probably $100, maybe $200 billion worth of zombie payments per year, which simply by enforcing that there be a payment code and an explanation for the payment, the payment would not go out."

    While Musk had initially projected DOGE would save an estimated $2 trillion, he later revised his estimate to project nearly $150 billion in spending cuts for the 2026 fiscal year before he stepped back from the office in April, Business Insider has previously reported.

    While it is unclear exactly how much the office ultimately saved before it quietly disbanded in July, an August analysis by Politico verified $1.4 billion in confirmed contract cancellations and a decrease in federal spending.

    When asked directly by Miller whether he'd participate in the DOGE office if he could repeat history, Musk thought for just a moment before sighing and saying he would not.

    "No, I don't think so. Would I do it? I think I probably — I don't know," Musk said. "I think instead of doing DOGE, I would have basically built, you know, worked on my companies, essentially, and the cars — they wouldn't have been burning the cars."

    Musk faced intense public backlash and was the subject of numerous protests, including vandalism against Tesla, as a result of his work with the Trump administration. Musk described the backlash as "a very strong reaction" to his attempt to stop "political corruption."

    Musk's relationship with Trump soured in June after Musk criticized the president's "Big Beautiful Bill." The pair publicly feuded for months, but Business Insider reported in November that the tension between the two had eased recently, and Musk was invited to Trump's White House dinner with Saudi Crown Prince Mohammed bin Salman.

    Read the original article on Business Insider
  • I went on a monthlong nomad cruise. The travel disappointed, but the community onboard didn’t.

    Kaisu Koskela, wearing colorful clothing and standing with the beach in the background.
    Kaisu Koskela had been hearing about Nomad Cruise for years; this year, she boarded a 27-day cruise from Seattle to Sydney.

    • Kaisu Koskela has been a digital nomad for 15 years.
    • She convinced her husband to join her on a 27-day cruise from Seattle to Sydney filled with fellow nomads.
    • She didn't connect much with locals on shore, but she forged meaningful relationships onboard.

    This as-told-to essay is based on a conversation with Kaisu Koskela, 48, a postdoctoral researcher on digital nomads. It has been edited for length and clarity.

    I've been a digital nomad for 15 years, so Nomad Cruise had been on my radar for a while. What began a decade ago as a relocation cruise for remote workers has grown into something much bigger — twice-yearly trips that feel like floating community conferences.

    As a researcher and policy advisor on digital nomadism, I was especially curious. After some deliberation, my partner and I booked the 27-day Pacific crossing from Seattle to Sydney.

    Neither of us had ever been on a cruise before. It felt exciting, but also overwhelming.

    Couple in a sunset with Sydney Opera House in the background.
    It was both Koskela and her husband's first cruise.

    Once on board, we quickly found our rhythm

    Something was always happening: talks on life and work, meetups, and workshops. All of that was just the nomad program. The ship added even more, from cabaret shows to talks on local history. We also had full days ashore in places like Honolulu and Samoa.

    Starlink WiFi made working easy, and I met people in all kinds of fields, from AI to videography. But it was a long route, and no one was overly focused on productivity, including me.

    I'd planned to finish an article but never got to it, and honestly, I didn't mind. I was there for the experience.

    Everyone leaned into their overlooked hobbies

    The 230 passengers felt like a true snapshot of the nomad world. The youngest passenger was 23, and the oldest was in their 60s, but the majority were in their 30s.

    The cruise is set up as a peer-learning conference: passengers give talks and share their expertise for free. I spoke about digital nomad visas and helped people one-on-one afterward. In return, before I got onstage a performance coach prepped me for my talk, and a designer explained a confusing part of my chart. Everyone gave something.

    Kaisu Koskela spoke about digital nomad visas during a peer-learning conference on the cruise.
    Koskela spoke about digital nomad visas during a peer-learning conference on the cruise.

    I was surprised by how many passengers weren't nomads yet. They'd come for inspiration. Some were so enamored by the idea of location independence that they quit their jobs on the spot, pushed over the edge by burnout and encouraged by others to go freelance and build something of their own.

    A common theme kept coming up: Don't stay tied to an employer who's breaking you down.

    As the days passed, we created more together. In the first week, someone formed a choir. I joined, and we rehearsed on every sea day before performing a full concert with professional lights and sound. I've had to sacrifice very little to be a digital nomad, but singing in a choir is off the table. Having one of my hobbies back for a month felt incredible.

    Meetups took off just as easily. I posted one for speed puzzling and ended up playing with a group that included someone who'd competed in the World Puzzling Championship. What started as a fangirl moment became real technique training.

    The community was big enough that no matter how niche the interest, someone else shared it.

    Nomad Cruise docking in Kahului Harbor in Hawaii.
    Nomad Cruise docking in Hawaii.

    Cruise tourism is a hard nut to crack

    Life onboard was easy — the staff were wonderful, and the vibe felt warm. But being a "cruise tourist" on land felt different

    Vanuatu, an island archipelago in the South Pacific, was our final stop. It was also a new country for me. There, we were dropped on an otherwise uninhabited island where bars and food stalls had been set up just for us. Technically, I've now been to Vanuatu, but I had no contact with local life. I didn't love that.

    Island stop during a cruise.
    Cruise stops are short; passengers usually needed to be back onboard by 4:30 p.m

    Cruise stops are short; you're usually back onboard by 4:30 p.m. Early in the trip, after docking in Hawaii, we rushed around Maui trying to see everything. It felt pointless, a YouTube video would've given me the same overview.

    We'd cracked the formula by the time we reached Savusavu in Fiji. It was a real town with a market, and we just wandered, with no agenda. I preferred those stops; even a tiny slice of local life beats racing through a checklist.

    Crossing the Line ceremony for first-time equator crossers on Nomad Cruise.
    Crossing the Line ceremony for first-time equator crossers.

    A bucket list adventure worth paying for

    The remoteness of the Pacific was surreal. Seattle to Hawaii took a week; Hawaii to Samoa took another 16 days with no land, no ships — just ocean and the occasional pod of dolphins.

    There was even a Crossing the Line ceremony for first-time equator crossers. We had to kiss a fish and jump into the pool. I loved it.

    Nomad Cruise was expensive — €4,300, or about $5,000 each — so we thought hard before booking. We chose a basic cabin with a window and ate like royalty.

    Basc cabin with window, showing bed, on Nomad Cruise.
    The couple chose a basic cabin with a window.

    Alcohol was extra, though happy hour made wine about $6 a glass. Onboard purchases came with an automatic 18% tip, plus a crew appreciation fee of about $17 per day. But reaching these destinations on our own would've cost more, and once we were on the ship, I stopped thinking about money; everything felt free.

    Leaving after a month on the cruise felt surreal; the community bubble was hard to step out of. I loved the people, the sunsets, and even the small things like watching the weather and birdlife change across the ocean.

    I'm sure I'll cross paths and deepen connections with some of the people I met on board. We shared something special.

    Read the original article on Business Insider
  • Up 106% in 2025, ASX All Ords gold stock lifting today on 1.2-million-ounce reserve boost

    Man in mining hat with fists raised and eyes closed looking happy and excited about the Newcrest share price

    ASX All Ords gold stock Strickland Metals Ltd (ASX: STK) is marching higher today.

    Strickland Metals shares closed yesterday trading for 18 cents apiece. In morning trade on Wednesday, shares are changing hands for 18.5 cents apiece, up 2.8%.

    For some context, the All Ordinaries Index (ASX: XAO) is also just about flat at this same time.

    With today’s intraday gains factored in, the Strickland Metals share price is up 105.6% in 2025.

    Here’s what’s happening with the ASX gold miner.

    ASX All Ords gold stock announces 1.2-million-ounce MRE

    Stickland Metals shares are in the green today after the ASX All Ords gold stock announced a maiden Mineral Resource Estimate (MRE) for the Gradina Deposit. Gradina sits within Stickland’s 100%-owned Rogozna Gold and Base Metals Project, located in Serbia.

    The maiden MRE came in at 12 million tonnes at 3 grams of gold per tonne (12Mt at 3g/t Au). That equates to 1.2 million ounces of gold. And it lifts the total inferred MRE at the Rogozna Project by 16% to 8.6 million ounces of gold equivalent (AuEq).

    The miner highlighted that the discovery cost was only US$10 per ounce.

    And the ASX All Ords gold stock noted that the mineralisation remains open in all directions, with “significant near-term growth potential” in a number of adjacent areas where it will conduct further exploratory drilling in 2026.

    Drilling is ongoing at the Rogozna Project, with two rigs drilling the so-called Gradina “gap zone”, while three rigs are focused on discovery drilling across the broader project area.

    Strickland said it is well-funded to support the ongoing drilling campaign, reporting cash and liquids of $41.8 million as at 30 September.

    What did management say?

    Commenting on the maiden resource estimate that’s helping boost the ASX All Ords gold stock today, Strickland managing director Paul L’Herpiniere, said, “Delivering a maiden resource of 1.2Moz Au for the Gradina Deposit, with an average grade of 3.0g/t Au, is an outstanding result which reinforces the quality and scale of the Rogozna Project.”

    L’Herpiniere added:

    Recent drilling at Gradina has delivered some exceptional intercepts of high-grade, gold-dominant mineralisation across the length of the deposit, underpinning a substantial maiden MRE at a discovery cost of just $US10/oz. By global standards, this is a very high return on exploration investment, highlighting the value that Rogozna’s large-scale mineralisation style offers.

    Looking ahead, L’Herpiniere said, “This latest update follows the substantial MRE updates posted earlier this year and sets the scene for continued growth into 2026, with an updated MRE for the cornerstone Shanac Deposit due in early 2026.”

    The post Up 106% in 2025, ASX All Ords gold stock lifting today on 1.2-million-ounce reserve boost appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Strickland Metals Ltd right now?

    Before you buy Strickland Metals Ltd shares, consider this:

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

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

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

    * Returns as of 18 November 2025

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    Motley Fool contributor 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.

  • Guess which ASX healthcare stock is jumping 7% on big news

    Man looking happy and excited as he looks at his mobile phone.

    Orthocell Ltd (ASX: OCC) shares are having a strong session on Wednesday.

    In morning trade, the ASX healthcare stock is up 7% to $1.09.

    Why is this ASX healthcare stock jumping?

    Investors have been buying the regenerative medicine company’s shares after it announced the first commercial sales of its Remplir product in Hong Kong. Management notes that this marks a key milestone in its Asian growth strategy.

    Remplir is a collagen wrap used in nerve repair surgery to improve regeneration of damaged nerves and patient outcomes.

    According to the release, these initial sales follow the successful introduction of Remplir in Hong Kong, including its first surgical use and strong reception at the Hong Kong Orthopaedic Association (HKOA) 45th Annual Congress.

    The first sales were to MontsMed and provide immediate in-market availability and are expected to support multiple downstream sales as surgeons adopt the technology.

    The ASX healthcare stock notes that Hong Kong represents a significant growth opportunity, serving as a strategic entry point into the Guangdong–Hong Kong–Macao Greater Bay Area (GBA). This is a rapidly developing healthcare market of approximately 100 million people.

    Strongly positioned

    Together with MontsMed, Orthocell is strongly positioned to drive market penetration through leading hospitals and specialist surgeons across the region.

    To further accelerate commercial traction, Orthocell’s recently appointed Asia Pacific commercial director will be active in market from the first quarter of 2026.

    It highlights that working closely with MontsMed, the commercial director will support awareness-building initiatives, surgeon education, and the expansion of Remplir sales across Hong Kong, with broader responsibilities across Australia and Asia.

    Commenting on the news, Orthocell’s CEO and managing director, Paul Anderson, said:

    First Hong Kong sales represent an important commercial milestone for Orthocell and a strong validation of Remplir’s clinical value. We are well positioned to support MontsMed in driving adoption across leading hospitals in Hong Kong and the Greater Bay Area. We are executing our commercialisation strategy with discipline, and today’s achievement marks another step forward in establishing Remplir as a new standard of care in peripheral nerve repair.

    The company also notes that with ~$50 million in cash and no debt, it remains strongly funded and well-positioned to drive rapid product adoption and deliver a step change in revenue in FY 2026.

    It also advised that the Remplir rollout in the US$1.6 billion US market continues to build momentum. It revealed that in-country representatives are working closely with distributors to gain hospital approvals, onboard surgeons, and establish active accounts.

    The post Guess which ASX healthcare stock is jumping 7% on big news appeared first on The Motley Fool Australia.

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

    Before you buy Orthocell 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 Orthocell 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…

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

  • How high does RBC Capital think JB Hi-Fi shares can go?

    Stressed shopper holding shopping bags.

    Shares in consumer goods retailer JB Hi-Fi Ltd (ASX: JBH) have come down from levels well above $100 recently, which the team at RBC Capital Markets says creates a buying opportunity.

    The shares closed at $113.52 the day before the company’s annual general meeting on October 30, when the company also released a trading update which said sales for the first quarter were “in line with the group’s expectations”.

    The market did not appear to like the numbers in the update, however, which showed that comparable sales at JB Hi-Fi Australia were up 5% compared with the same period the previous year, and sales at The Good Guys were up 2.4%.

    Performing well on costs

    RBC Capital Markets has initiated coverage of JB Hi-Fi with a sector perform rating, and is positive on the company’s outlook, saying the company has an “industry-best cost base efficiency”.

    In terms of competition, however, they are forecasting heavy market share gains for online competitor Amazon.

    RBC analysts had this to say about JB Hi-Fi:

    JB Hi-Fi runs one of the leanest cost of doing business margins and capex/ sales ratios in global consumer electronics retail. JB Hi-Fi’s seamless omnichannel experience is a competitive advantage, in our view. Surveys indicate about 85% of consumers still want to shop in-store to varying extents, and we forecast about 60% – 70% of JB HiFi’s sales growth to come from bricks and mortar over the next three years.  

    In terms of specific products which will provide a boost, the end of support for Windows 10 “is a hard catalyst for a refresh with Microsoft‘s own support stressing security risks following end-of-support”.

    RBC also notes that there is room for further growth in the robot vacuum sector, with penetration being low in Australia and forecasted to grow at a rate of up to 16.2% year over year.

    Amazon looms as major competitor

    On the downside, Amazon “poses a material and growing competitive threat”, RBC said.

    Amazon now has the levers of range, price and fulfilment in place to facilitate a large step-change in market share, in our view. We estimate Amazon’s share of total Australian online retail will about double over the next 5 years, to about 24%. Relative to comparable markets, this level of penetration is still low.

    RBC stated that, over the Black Friday sales period, Amazon was approximately 2.3% cheaper than JB Hi-Fi on average across the nine categories they surveyed.

    RBC has a price target of $101 on JB Hi-Fi shares, compared with the company’s closing price of $92.92 on Tuesday.

    JB Hi-Fi also pays a fully franked dividend of about 4% according to the ASX website.

    The post How high does RBC Capital think JB Hi-Fi shares can go? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in JB Hi-Fi Limited right now?

    Before you buy JB Hi-Fi 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 JB Hi-Fi 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…

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    Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon and Microsoft. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has recommended Amazon and Microsoft. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • TPG Telecom lifts free float after $73 million Retail Reinvestment Plan

    A group of young ASX investors sitting around a laptop with an older lady standing behind them explaining how investing works.

    The TPG Telecom Ltd (ASX: TPG) share price is in focus today after the company wrapped up its Retail Reinvestment Plan, raising $73.4 million and boosting minority ownership.

    What did TPG Telecom report?

    • Raised approximately $73.4 million through the Retail Reinvestment Plan at $3.566623 per new share
    • Issued about 20.6 million new fully paid ordinary shares to participating retail investors, representing a 53% participation rate
    • Total new shares issued under both retail and institutional components reached roughly 103.7 million
    • Free float increased to 27%, up from 23% prior to the plans
    • Total gross proceeds from both reinvestment components achieved around $373 million
    • Proceeds will be used to further pay down bank borrowings, amounting to $2.7 billion repaid since 30 June 2025

    What else do investors need to know?

    The Retail Reinvestment Plan closed on 5 December 2025, offering eligible shareholders the chance to reinvest their recent capital return into new TPG Telecom shares at a 5% discount to average recent trading prices. The new shares will commence trading on the ASX from 11 December 2025 and carry the same rights as existing shares.

    Any applications from ineligible shareholders were declined, with refunds to be processed by 17 December 2025. The company highlights the initiative’s role in strengthening its capital structure and increasing its free float on the ASX.

    What’s next for TPG Telecom?

    With the completion of this capital initiative, TPG Telecom has improved its balance sheet flexibility by reducing bank borrowings significantly. Looking ahead, the company appears set to focus on sustainable growth while optimising its capital mix.

    Investors will be monitoring how these changes support TPG’s longer-term strategy and shareholder value, particularly as the increased free float may broaden the company’s appeal to a wider investor base.

    TPG Telecom share price snapshot

    Over the past 12 months, TPG Telecom shares have fallen 17%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen around 2% over the same period.

    View Original Announcement

    The post TPG Telecom lifts free float after $73 million Retail Reinvestment Plan appeared first on The Motley Fool Australia.

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

    Before you buy TPG Telecom 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 TPG Telecom 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…

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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.

  • If you’d invested $3,500 in Tesla 12 years ago, here’s how much you’d have today

    A man has a surprised and relieved expression on his face.

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

    Key Points

    • Many investors see great promise in Tesla’s burgeoning autonomous ride-hailing and humanoid robotics businesses.
    • The stock trades at a mammoth valuation.
    • While a battleground stock, the bulls have now made substantial profits owning it over many years.

    Electric carmaker and robotaxi company Tesla (NASDAQ: TSLA) is one of the largest companies in the stock market, led by CEO Elon Musk, one of the most prolific tech founders of our time.  

    Tesla is the first company to widely commercialize electric vehicles, which are viewed as a critical innovation in helping to wean the planet off of fossil fuels that have greatly contributed to global warming. While Tesla’s core EV business has struggled due to rising competition and fewer government incentives, investors are now more focused and extremely excited about Tesla’s autonomous ride-hailing fleet, full self-driving technology, and Optimus humanoid robots. 

    This explains why the stock now trades at a massive valuation of around 200 times forward earnings. Investors believe Tesla is on the groundbreaking level of new industries with massive markets, and that Tesla will be able to gobble up market share with its first-mover advantage.

    The bulls have been right so far

    Tesla remains one of the most disputed battleground stocks on Wall Street. And while many, including myself, are skeptical about continuing to buy the stock at such a rich valuation, the bulls have prevailed so far.

    TSLA data by YCharts

    As you can see in the chart, $3,500 invested in Tesla at the end of 2013 is now worth nearly $174,000 for a total return of 4,869%. Meanwhile, the same $3,500 invested in the broader benchmark S&P 500 (SNPINDEX: ^GSPC) is only worth $13,320, which is still a strong return.

    While Tesla’s future is uncertain, the bulls have now been right for many years. 

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

    The post If you’d invested $3,500 in Tesla 12 years ago, here’s how much you’d have today appeared first on The Motley Fool Australia.

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

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

    Before you buy Tesla 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 Tesla 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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    Bram Berkowitz 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 Tesla. 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.

  • Ampol delivers $649m RCOP EBITDA and updates investors on strategic growth

    A couple sit in front of a laptop reading ASX shares news articles and learning about ASX 200 bargain buys

    The Ampol Ltd (ASX: ALD) share price is in focus after the company released its latest financial highlights, including a Group RCOP EBITDA of $649 million for 1H 2025 and an interim dividend of 40 cents per share, fully franked.

    What did Ampol report?

    • Group RCOP EBITDA for 1H 2025: $649 million
    • Group RCOP EBIT for 1H 2025: $404 million
    • Statutory NPAT loss of $25 million (attributable to parent)
    • Interim dividend: 40 cents per share, fully franked
    • Group leverage at 2.8x; net borrowings of $2.8 billion
    • Total sales volume year-to-date: 18.5 billion litres

    What else do investors need to know?

    Ampol’s October and November trading update showed the Lytton Refiner Margin rising from US$13.78 per barrel in October to US$17.90 in November, with November refinery production reaching 532 million litres. The third quarter RCOP EBIT was ahead of the earlier 2025 quarterly average, marking a solid improvement from the third quarter of the previous year.

    The company continues to deliver on its U-GO value fuel site’s rollout, reporting strong early success with a 50% uplift in fuel volumes at converted locations and an average EBITDA improvement of $300,000 per site. Ampol is also progressing its acquisition of EG Australia, targeting completion by mid-2026, pending regulatory approval.

    What’s next for Ampol?

    Looking ahead, Ampol’s strategy is centred on growing its fuel and convenience retail platform across Australia and New Zealand, improving its retail segmentation with more U-GO site conversions, and continuing upgrades to premium site formats and product offerings. The acquisition of EG Australia is expected to further re-shape Ampol’s earnings mix toward more resilient, retail-driven sources.

    Ampol remains committed to maintaining its investment-grade credit rating and is advancing its $50 million productivity program to reduce costs through 2025. The company is also engaging with the government on the Fuel Security Services Payment review and exploring new opportunities in energy transition, including EV charging and renewable fuels.

    Ampol share price snapshot

    Over the past 12 months, Ampol shares have risen 13%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen around 2% over the same period.

    View Original Announcement

    The post Ampol delivers $649m RCOP EBITDA and updates investors on strategic growth appeared first on The Motley Fool Australia.

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

    Before you buy Ampol 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 Ampol 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.

  • Guess which ASX 200 gold stock is jumping 10% on $250m shareholder return

    Calculator and gold bars on Australian dollars, symbolising dividends.

    Ramelius Resources Ltd (ASX: RMS) shares are storming higher on Wednesday morning.

    At the time of writing, the ASX 200 gold stock is up 10% to $3.71.

    Why is this ASX 200 gold stock jumping?

    Investors have been hitting the buy button today after the gold miner announced plans to undertake a major share buyback program.

    According to the release, the Ramelius board has approved up to $250 million in share buybacks to be carried out over the next 18 months. This is expected to commence on or around 24 December 2025.

    But the returns won’t stop there. The board has also approved an increase in the minimum dividend to 2 cents per share per annum. This is the equivalent of approximately $38.5 million per year. The company notes that these initiatives form part of its capital allocation pillars in FY 2026 and FY 2027.

    Its three capital allocation pillars, in order of priority, are re-investment into the business, increase in shareholder returns, and maintaining a strong balance sheet.

    The ASX 200 gold stock highlights that the buyback is an attractive and flexible way to return capital to shareholders above the 2 cents per share minimum dividend.

    Though, it warns that the timing and actual number of shares purchased under the buyback will depend on market conditions, the prevailing share price, and other considerations.

    Maintain and grow

    Commenting on the news, the ASX 200 gold stock’s managing director, Mark Zeptner, said:

    At the time of the release of our 5-Year Growth Pathway to 500koz, the Ramelius Board gave clear direction to management that we need to “maintain and grow” shareholder returns. We are demonstrating this today in the form of a A$250 million share buyback program and an increase in the minimum dividend payable.

    This capital management initiative is underpinned by our track record of consistently delivering strong free cash flow and our confidence that it will continue into the future. Importantly, we remain fully funded, our production profile is growing and we anticipate further increases in our free cash flow returns. As our capital investments over the coming years start to yield benefits, we anticipate being able to provide shareholders with even better returns.

    Looking ahead, the company revealed that in FY 2028, the board plans to reset and grow the payout ratio, which is currently set at a maximum level of 30% of free cash flow, with a new payout ratio factoring in both dividends and share buybacks.

    The post Guess which ASX 200 gold stock is jumping 10% on $250m shareholder return appeared first on The Motley Fool Australia.

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

    Before you buy Ramelius Resources Limited shares, consider this:

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

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

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

    * Returns as of 18 November 2025

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has 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.

  • Broker says this small cap ASX stock can rise ~90% following ‘impressive deal’

    A man has a surprised and relieved expression on his face.

    If you have a high tolerance for risk, then it could be worth checking out the small cap ASX stock in this article.

    That’s because Bell Potter believes the signing of an “impressive deal” could be the catalyst to sending its shares materially higher.

    Which small cap ASX stock?

    The stock that Bell Potter is bullish on is Immutep Ltd (ASX: IMM).

    It is a clinical-stage biopharmaceutical company that is developing a novel LAG-3 (lymphocyte activation gene-3) immunotherapy for cancer and autoimmune disease.

    Its core technology is based on the LAG3 protein, which is a key mediator of the immune system.

    Immutep’s lead drug candidate, eftilagimod alpha (efti), is currently undergoing clinical trials in five different oncology indications.

    What is the broker saying?

    Bell Potter was very pleased to see the small cap ASX stock sign an exclusive license agreement with Dr Reddy’s Laboratories (NYSE: RDY). This is for the development and commercialisation of its lead asset Efti in all countries outside North America, Europe, Japan and China.

    As part of the deal, Immutep will receive US$20 million (A$30 million) upfront, US$350 million (A$528 million) in potential development and commercial milestones, and double-digit royalties on net sales.

    Commenting on the deal, the broker said:

    We view this as an impressive deal that provides: (1) financial and industry validation from a credible pharma company in Emerging Markets, (2) significant non-dilutive cash in the form of A$30m upfront plus potential milestones, (3) leaves the commercial rights to the most lucrative US, EU and Japanese markets (>90% of market value) unencumbered for future licensing/M&A opportunities, and (4) could spur other industry parties (most obviously clinical collaborator Merck) to more actively engage for rights to the US and EU markets.

    Big potential returns

    According to the note, the broker has responded to the update by retaining its speculative buy rating on the small cap ASX stock with an improved price target of 60 cents (from 46 cents).

    Based on its current share price of 32 cents, this implies potential upside of almost 90% for investors over the next 12 months.

    Commenting on its recommendation, Bell Potter said:

    We have updated forecasts to include contributions from the Dr Reddy’s deal in FY26 and FY27. The deal sets a precedent for the de-risked global valuation of Efti to be closer to ~US$7b excluding royalties, a large premium to the closing market cap of $472m. There is clear multi-fold upside potential for IMM should it succeed through the current Phase 3 lung cancer trial in a NSCLC market valued at US$12b/yr in the US alone. We maintain our BUY (speculative) recommendation and valuation is increased to $0.60/sh after increasing licensing revenue forecasts.

    The post Broker says this small cap ASX stock can rise ~90% following ‘impressive deal’ appeared first on The Motley Fool Australia.

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

    Before you buy Immutep 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 Immutep Limited wasn’t one of them.

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

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

    * Returns as of 18 November 2025

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has 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.