{"id":12986,"date":"2025-08-21T03:08:08","date_gmt":"2025-08-21T03:08:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/12986\/"},"modified":"2025-08-21T03:08:08","modified_gmt":"2025-08-21T03:08:08","slug":"markets-live-updates-asx-200-rises-in-broad-based-rally-wall-street-ends-lower-as-investors-sell-tech","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/12986\/","title":{"rendered":"Markets live updates: ASX 200 rises in broad-based rally, Wall Street ends lower as investors sell tech"},"content":{"rendered":"<p>Property giant Goodman Group has returned to growth in the financial year 25.<\/p>\n<p>It reported a statutory profit of $1.67 billion, up from a net loss of $98.9 million in the previous financial year.<\/p>\n<p>Operating profit rose 13% to $2,311.1 million.<\/p>\n<p>It declared a dividend of $0.3 per share.<\/p>\n<p>Shares in Goodman rose 1.8% to $36.78.<\/p>\n<p>Here is an analysis from\u00a0<b>Josh Gilbert<\/b>, Market Analyst at eToro on Goodman Group&#8217;s full-year results:<\/p>\n<p class=\"paragraph_paragraph___QITb\">Goodman Group hit the mark in its full-year results, with profit and earnings per share matching forecasts, statutory profit swinging back into the black, and distributions holding steady.<\/p>\n<p class=\"paragraph_paragraph___QITb\">But the real story continues to be its rapid shift into data centres.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Goodman is accelerating its pivot from a traditional industrial real estate investment trust (REIT) into a global digital infrastructure powerhouse, with more than 50% of its development pipeline now data-centre focused.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The $4 billion equity raise earlier in the year has not gone to waste; it\u2019s giving Goodman the firepower to deploy capital into high-value sites and enhancing flexibility.<\/p>\n<p class=\"paragraph_paragraph___QITb\">All of this is key to positioning the business to support the digital economy amid surging AI and cloud demand.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Underlying property fundamentals remain solid with occupancy near 97%, rising net property income, and low gearing reinforce its strong balance sheet and sustainability.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Management is guiding for another 9% lift in operating earnings per share in FY26. That is a number that could ultimately reach double digits if AI deployment continues on its current trajectory.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Let\u2019s be clear: Goodman is no longer just a REIT. It\u2019s becoming one of the world\u2019s most critical digital landlords.<\/p>\n<p class=\"paragraph_paragraph___QITb\">With AI and cloud computing booming and big tech pouring hundreds of billions into the biggest technology revolution we\u2019ve seen in decades, Goodman\u2019s strategy positions it to deliver outsized returns compared to its traditional core.<\/p>\n","protected":false},"excerpt":{"rendered":"Property giant Goodman Group has returned to growth in the financial year 25. It reported a statutory profit&hellip;\n","protected":false},"author":2,"featured_media":12987,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[3399,208,3392,3397,3398,210,79,3396,212,18,19,17,216,188,3393,1746,3395,3394,992,753,211],"class_list":{"0":"post-12986","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asian-markets","9":"tag-asx","10":"tag-asx-200","11":"tag-aud","12":"tag-australian-company","13":"tag-australian-dollar","14":"tag-business","15":"tag-dollar","16":"tag-dow-jones","17":"tag-eire","18":"tag-ie","19":"tag-ireland","20":"tag-live-blog","21":"tag-markets","22":"tag-nasdaq","23":"tag-sp-500","24":"tag-shares","25":"tag-stockmarket","26":"tag-stocks","27":"tag-tech","28":"tag-wall-street"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/12986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=12986"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/12986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/12987"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=12986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=12986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=12986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}