Business Briefing: Aug 31 - Australia (5 stories)

Here is your Weekly summary for Business & Finance across Australia for Mon 25th August - Sun 31st August 2025

InvestingPro's Fair Value model has successfully identified an 85% gain in Carriage Services stock, highlighting its effectiveness in pinpointing undervalued assets. This development underscores the model's potential to guide investors toward profitable opportunities in a fluctuating market.

Conversely, Duolingo's shares plummeted 42% after an overvaluation alert from InvestingPro in May, raising concerns about the sustainability of tech stock valuations. Meanwhile, EOS has seen a notable 10.65% increase, reflecting renewed investor interest in cryptocurrencies.

In portfolio adjustments, Cathie Wood's ARK Invest has acquired shares in Intellia while reducing its stake in DraftKings, indicating a strategic shift in focus towards biotech over gaming. These moves illustrate the dynamic nature of investment strategies in response to market trends.