Market Wrap / wild week

The Australian sharemarket ended on a positive note following a volatile week, with the S&P/ASX200 sitting at 8,860.10 points at the close of Friday's trade, up 0.13%. Over the course of the week, the index lost 0.5%.

Technology took the spotlight with Life360 recording 4.2 million additional monthly users in the December quarter, raising revenue guidance and sending the stock price up 27.4%. 

Among other tech names, TechnologyOne rose 2.8% with NextDC up 2.7% as investors began to buy back into the sector following a recent selloff. 

Elsewhere, Alcoa recovered from an early morning dip after posting its increased revenue for 2025, climbing back to finish the day up 0.8%. 

In other company news, Capstone Copper’s operations were disrupted with workers striking at its Mantoverde mine in Chile, the share price has since been slashed 3.4%. 

In the smaller end of town, Delta Lithium has recorded ‘impressive’ drilling hits at its Western Australia Mount Ida project - confident on the future of Lithium, the share price climbed 12%. 

Elsewhere, Guzman Y Gomez signed an exclusive delivery partnership with Uber Eats, pleasing investors and raising its share price by 3.8%. 

And tonight;the October core PCE price index is released along with unemployment claims. SLB issues earnings. Australia's market is closed on Monday for the Australia Day holiday.