Tesla’s performance over the last quarter was questionable at best, so is it time for Elon Musk to change his association with Donald Trump?

MARKET WRAP:

• ASX200: up 1.33%, 7,920
• GOLD: $3,330 US/oz
• BITCOIN: $146,873 AUD

• BHP lifted by 3.3% and Fortescue up 2.7%.
• WiseTech Global added 5.5%, and NextDC climbed just under 5%.
• Macquarie bank shares up another 5.2% to $190.38
• Telix confirms FY 2025 revenue guidance of $770 million to $800 million shares up more than 12% to $28.32
• Evolution Mining plummeted by 10% to $7.90 with fellow gold miners Northern Star Resources and Newmont also down 9.5% and 7%
• De Grey and Lynas were also weaker. 
• The CBA had some profit takers today, closing down 2.5% to $163.77 a share.

CURRENCY UPDATE:

• AUD/USD: 64.0 US cents
• AUD/GBP: 48.1 pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 90 Japanese yen
• AUD/NZD: 1.07 NZ dollars