Business Briefing: Aug 24 - Australia (5 stories)

Here is your Weekly summary for Business & Finance across Australia for Mon 18th August - Sun 24th August 2025

NCR Voyix's stock surged 79% following InvestingPro's April Fair Value alert, highlighting investor confidence in its valuation. This significant rise underscores the impact of timely financial insights on market performance.

Bank of America cautions that the Federal Reserve may risk a policy blunder with premature rate cuts, emphasizing the delicate balance needed in monetary policy. Meanwhile, Barclays predicts two rate cuts this year but dismisses the likelihood of larger reductions, signaling a cautious outlook on economic conditions.

In portfolio shifts, Cathie Wood's ARK Investment sold stakes in Shopify and Coinbase, opting for PagerDuty instead, reflecting a strategic pivot in tech investments. Additionally, InvestingPro's Fair Value model indicates a potential 43% downside for Apogee Therapeutics, raising concerns for investors in the biotech sector.