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ALL ORDINARIES finishes higher Tuesday: 8 shares you missed

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Tuesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.16% to 6,013.60
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.13% to 6,121.70
  • AUD/USD at US 75 cents
  • Gold at US$1,304.50 an ounce
  • Brent Oil at US$75.40 a barrel

The best-performing ASX200 share today was lithium miner Galaxy Resources Limited (ASX: GXY), it went up by 14.4% after announcing it would be selling some land for $371 million.

Another share to skyrocket today was Retail Food Group Limited (ASX: RFG) after the under-pressure food chain franchisor announced its new CEO, the share price rose by 7.4%.

The Greencross Limited (ASX: GXL) share price continues to recover, it went up another 3.7% today on news that private equity is looking at the pet company.

APN Outdoor Group Ltd (ASX: APO) shares increased by a further 4.9% after issuing its profit guidance for FY18 yesterday.

The share price of Corporate Travel Management Ltd (ASX: CTD) fell by 5.8% today, making it the worst performer in the ASX200.

Debt collector Collection House Limited (ASX: CLH) issued another increase to its purchase debt ledgers guidance for FY18, the share price went up 4.5% today.

Praemium Ltd (ASX: PPS) finished the day down 0.7% after reporting that one of its main clients had renewed its contract.

Finally, Brickworks Limited (ASX: BKW) went down 1.4% after announcing it might sell a property for $41 million in the next seven months.

Here are some of today’s top stories:

The Rocket Fuel of the AI Boom

One of the world’s richest people is sounding the alarm on what could be a trillion-dollar technology.

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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?

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Motley Fool contributor Tristan Harrison owns shares of Greencross Limited. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited and Greencross Limited. The Motley Fool Australia has recommended Brickworks. 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.

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