The Latest Breaking News from Macquarie

The rise of prediction markets has sent DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment PLC (NYSE:FLUT) shares lower. While some investors and analysts see prediction markets as a major competitor, an analyst said the selloff is overdone and both companies have a $5 billion opportunity of their own in the market.

AI slop is Macquarie Dictionary’s Word of the Year for 2025. It also won the people’s choice vote. The dictionary defines the word as “low-quality content created by generative AI [artificial intelligence], often containing errors, and not requested by the user”.

A dozen Australian universities have improved their positions in the latest global rankings, led by the University of Melbourne.

Financial services giant Macquarie will reimburse investors $321 million over a failed retirement scheme which magnified concerns over the sector's oversight.

Just like Broadcom shares, Wall Street analysts are lifting their price targets on the stock to new heights. Two analysts now see the stock moving above $400.

As Broadcom capitalizes on AI-driven demand, can the company’s ASIC dominance truly propel its stock to Macquarie’s $420 target?

“Hopefully things will be okay, but you do see that kind of weakening,” he said.

NIO's back-to-back analyst upgrades, upcoming catalysts, and impressive momentum suggest this comeback rally is just getting started.

MongoDB stock rallies as the management reports a strong Q2 and raises future guidance. But much of the upside may already be priced into MDB shares at current levels.