The Australian sharemarket has closed at a new record high, amid hopes for an imminent re-opening of the Strait of Hormuz. Rena Sarumpaet spoke to Jun Bei Liu, founder and portfolio manager of Ten Cap Investment Management. She'd had a close eye especially on US corporate reports - none more fascinating than Elon Musk's Spacex, which reported its first quarterly earnings as a public company. Overall, it saw a half a billion US dollar loss, around half that of the same period last year. But revenue nearly doubled to nearly US $8 billion - although the big price tag for growth was capital expenditure - jumping fivefold to US$ 18 Billion.
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SBS News In Depth Folgen
Hear the story behind the headlines. In each episode, we’ll help you make sense of the news stories that matter to you from Australia and the world, with reports and interviews from the SBS News team.
Folgen von SBS News In Depth
2158 Folgen
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Folge vom 06.08.2026ASX closes at fresh record high, as tech and mining stocks rally
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Folge vom 05.08.2026European Union defends Spain's handling of Ceuta migrant crisisThe European Union's migration chief is commending Spain's handling of the Cueta crisis. This, after reignited debate over the bloc's migration policy - following the mass crossing of migrants from Morocco into Spain's north African city last week. Spanish authorities say around 72,000 people crossed to Cueta, with 70,000 since returned to Morocco. But calls for tougher action against migrant smuggling networks remain.
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Folge vom 05.08.2026INTERVIEW: You think you've got the flu? What should you do?The flu season is upon us. So if we think we might have come down with some kind of respiratory virus, what should we do? For the best advice, SBS reporter Cameron Carr spoke to Professor Paul Griffin from the University of Queensland School of Medicine
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Folge vom 05.08.2026Police hunt alleged 'far left' group that attacked Melbourne defence contractorAuthorities are investigating an alleged terror attack on the outskirts of Melbourne, at Lovitt Technologies, which produces parts for F-35 Joint Strike Fighter jets. Australia's involvement in the global F-35 supply chain has been criticised in recent years because the US-made fighter jets have been used by Israel for attacks on Gaza. Law enforcement agencies allege the attackers have expressed support for Palestine, and targeted the facility due to its links in defence supply chains. They say the attack may have been motivated by anarchist and revolutionary ideology.