General
Bitcoin surges to record high on Tesla’s $US1.5b investment; Australian shares to slip
Australian shares are expected to open lower, despite US markets hitting new record highs on increased bets that US politicians will soon pass another COVID-19 stimulus package.
Bitcoin also surged to its highest levels ever after billionaire Elon Musk’s electric vehicle company Tesla revealed it had bought $US1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars.
Reporting season is also ramping up, with James Hardie, Suncorp, Boral, Dexus, Challenger and Computershare announcing their results today.
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