Market Update: Oct 12 - Australia (5 stories)
Sunday, 12 Oct 2025 Weekly Business & Finance Australia
Here is your Weekly summary for Business & Finance across Australia for Mon 6th October - Sun 12th October 2025
InvestingPro's warning about Glaukos has proven prescient, as the company's stock plummeted 47%, highlighting the critical importance of timely investment insights. Meanwhile, Ericsson's shares surged 63% following a Fair Value signal, demonstrating the potential for significant returns when market indicators align favorably.
In a notable move, Theon International is set to acquire a 9.8% stake in Exosens for €268.7 million, signaling confidence in Exosens' growth prospects. Additionally, Magnetar Financial has offloaded CoreWeave stock worth $26.8 million, with its funds selling a total of $128 million in shares, raising questions about future performance and investor sentiment in the tech sector.
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InvestingPro’s January Glaukos warning preceded 47% stock drop
All News 11 Oct 2025, 11:02am -
Ericsson shares deliver 63% return following Fair Value signal
All News 11 Oct 2025, 11:06am -
Theon International to acquire 9.8% stake in Exosens for €268.7 million
All News 11 Oct 2025, 10:10am -
Magnetar Financial sells CoreWeave (CRWV) stock worth $26.8 million
All News 11 Oct 2025, 2:08am -
Magnetar funds sell CoreWeave (CRWV) shares worth $128 million
All News 11 Oct 2025, 1:58am