Media

Devon Head of Retail Greg Smith talks to ZB’s Mike Hosking about AI darling Nvidia which has surged to a new record high after results beat expectations yet again. Back home he discusses what to make of a lift in retail sales last quarter and reports of a takeover bid for Fletcher Building.

To listen to the full market update by Greg Smith please click here.

Devon Head of Retail Greg Smith talks to ZB’s Mike Hosking about the approach for casino group Star across the Tasman and the implications for Sky City. He also looks at what has driven Gentrack to becoming one of the 30 biggest companies on the NZX.

Devon Head of Retail Greg Smith talks to ZB’s Mike Hosking about what is behind ongoing trading weakness at The Warehouse and why it continues to struggle against some peers. He also discusses the positives and negatives from the latest print on the kiwi manufacturing sector. On a much more cheery note, he looks at what has propelled the UK economy out of recession.

An interest piece written by Greg Smith, Head of Distribution at Devon Funds.

Devon Head of Retail Greg Smith spoke to ZB’s Mike Hosking about why softer than expected jobs data in the US drove markets higher. He talks Apple which soared following its result. The iPhone maker was also a topic of discussion at the Berkshire Hathaway annual meeting over the weekend, with Warren Buffett cutting his stake.

Devon Funds’ Head of Retail Greg Smith talks to ZB’s Mike Hosking about the rally in big tech following results from Alphabet and Microsoft. He also discusses what is driving BHP’s bid to create the world’s biggest copper miner. Back home he assesses whether there are any bright spots in the latest print on NZ consumer confidence.

Devon Head of Retail Greg Smith talks to ZB’s Mike Hosking about what’s driving a big earnings downgrade from Air New Zealand. He also looks at the reasons for the latest in a string of CEO departures at NZ listed companies. He also discusses Tesla, where the news appears to be going from bad to worse for the EV maker.

To listen to the full market update by Greg Smith please click here.

Devon Head of Retail Greg Smith talks to ZB’s Mike Hosking about what drove the US market lower on Friday, with results from a big bank not well received. He looks at some positives across the Atlantic with the UK economy seemingly out of recession and German inflation falling. On that note, ahead of this week’s CPI print, he discusses some good news on kiwi food prices.

To listen to the full market update by Greg Smith please click here.

By Greg Smith, Head of Retail at Devon Funds

Devon Head of Retail Greg Smith talks to ZBs Mike Hosking about the latest super-hot job numbers in the US and what this means for the likelihood of Fed rate cuts. He also looks at why investor appetite for Krispy Kreme Doughnuts shares is surging. In the chip space, he discusses why Samsung expects first quarter profits to soar by nearly 1000%.

To listen to the full market update by Greg Smith please click here.