Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Thursday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.07% to 6,037.10
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.06% to 6,144.10
- AUD/USD at US 75 cents
- Gold at US$1,290.70 an ounce
- Brent Oil at US$79.56 a barrel
Another stock to do very well for shareholders was Metcash Limited (ASX: MTS), the IGA supplier went up 7.7% today.
a2 Milk Company Ltd (ASX: A2M) recovered 5.7% today after its fall yesterday.
Logistics tech company WiseTech Global Ltd (ASX: WTC) went up by 4% today, adding to its strong run since the start of May.
Technology One Limited (ASX: TNE) dropped a further 5.92% after reporting earlier in the week.
The James Hardie Industries plc (ASX: JHX) share price fell back 3.4% today, after the market initially responded well to its result earlier in the week.
Pet business Greencross Limited (ASX: GXL) dropped by 3.6% with investors uneasy about the pet company’s future.
Finally, annuity business Challenger Ltd (ASX: CGF) fell by 2.6% today with the market being a bit more volatile and interest rates likely to rise further over time.
Here are some of today’s top stories:
- Reliance Worldwide Corporation Ltd (ASX:RWC) announces huge acquisition, capital raising
- Revealed: Cracking results for nut producer Webster Limited Fully Paid Ord. Shrs
- Experts have different views on Woodside Petroleum Limited (ASX:WPL) shares
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 Challenger Limited and Greencross Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited and Greencross Limited. The Motley Fool Australia owns shares of A2 Milk and 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.