Business
ASX to rise, AMC paces renewed meme stock rally – Markets – The Australian Financial Review
Australian shares are set to open higher, bolstered by steady commodities prices. April trade and retail sales data on deck.

In a tweet, Mohamed El-Erian said the latest surge in AMC reflects a twin management success: getting early control of the narrative, substituting financial resilience for dilution concerns; and targeting retail investors as part of a broader communication strategy.
AMC closed at $US62.55 in New York; Bespoke said the average analyst price target on AMC is currently a little over $US5.
Bitcoin was up 4.1 per cent to $US37,727.07 near 6.40am AEST on bitstamp.net.
The spot price of iron ore edged…
-
General14 hours ago
Byford rail extension opening marks final stage of Perth Metronet
-
Noosa News20 hours ago
Fatal traffic crash, Baringa – Sunshine Coast
-
General16 hours ago
Mango the muster cat draws attention to western Queensland’s ongoing recovery
-
Noosa News11 hours ago
Serious traffic crash, Noosa – Sunshine Coast