XERO ORD
Weekly Wrap: Strong Week Despite Late Fade
ASX up 4.4% for the week; strongest since Oct 2022, despite Friday fade. Magellan-Barrenjoey merger approved; Telix jumps on US regulator nod; Iran talks ahead.
Weekly Wrap: ASX slides 3.8% as Middle East conflict spooks markets
ASX 200 plunges 3.8% for the week as Middle East conflict lifts oil and inflation fears, sparking rate hike bets while energy stocks rally.
Weekly Wrap: Rising rates lift AUD and gold as miners lead ASX gains
Gold hits fresh highs and miners rally as rates rise; Life360 soars on upbeat guidance, AUD hits 16-month peak, ASX 200 slips 0.5% for the week.
Xero to acquire US payments firm Melio in $3.9b push into American SMB market
Technology company Xero (ASX: XRO) will acquire US payments processor Melio in a $3.9 billion deal that forms part of its US value proposition and global high-growth aspirations. Melio services small-to-medium-sized business (SMB) clients and their advisors by integrating accounting and payments functions into one platform, with easy-to-use accounts payable workflows and a wide choice […]
