Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Monday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.05% to 6,084.50
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.01% to 6,190.20
- AUD/USD at US 75 cents
- Gold at US$1,293.55 an ounce
- Brent Oil at US$78.92 a barrel
The best-performing share in the ASX200 was lithium miner Orocobre Limited (ASX: ORE), its share price rose by 5.6% today.
Vocus Group Ltd (ASX: VOC) was another top performer after it announced its new CEO would be an ex Telstra Corporation Ltd (ASX: TLS) executive. The Vocus share price went up 4.2% today. The Telstra share price declined by 1.75% today as investors worried about the dividend.
At the other end of the share market, the Asaleo Care Ltd (ASX: AHY) share price dropped by 6% today after it received a negative broke note.
Here are some of today’s top stories:
- BWX Ltd (ASX:BWX) receives preliminary takeover offer at a 49% premium
- Harbour Energy just offered an extra $750m for Santos Ltd (ASX: STO)
- SKYCITY Entertainment Group Limited shares lift on project update
One of the world’s richest people is sounding the alarm on what could be a trillion-dollar technology.
Everyone is talking about the artificial intelligence revolution.
Harvard Business Review calls it, “the most important general-purpose technology of our era.”
One Google Insider predicts AI, “will be as transformative as the discovery of electricity.” And it already is transforming industry after industry.
After all we have been hearing about AI for years…but it never really lived up to the hype…so what’s finally unlocked this huge tidal wave of innovation?
Motley Fool contributor Tristan Harrison owns shares of BWX Limited. The Motley Fool Australia owns shares of and has recommended BWX Limited, Telstra Limited, and Vocus Communications Limited. The Motley Fool Australia owns shares of WiseTech Global. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.