Weekly Market Dashboard

Market Review - NASDAQ and ASX

NASDAQ Composite: 25,122.18 (Thu 7/30 close), +2.8% on the day, ending a six-day losing streak.
Week-to-date: approx +0.6% (+146 pts, estimate).
Driver: Choppy week on AI-capex fears and a Fed pause, then a sharp Thursday rebound on strong Big Tech earnings - Microsoft's Azure beat drove a record +16% single-day gain (about $450B added).

S&P/ASX 200: ~8,992 (Fri close, approx.), near a 5-month high.
Week-to-date: approx +2.5% (~+218 pts).
Driver: Late-week spillover from Wall Street's tech rally. Materials/mining was the most volatile sector - lithium and mining-services names rallied while BHP and gold miners were pressured by falling gold prices.

Notable Movers

Ticker	Market	Move	Note
MSFT	NASDAQ	+16% (1-day, record)	Azure +43% YoY; briefly added ~$450B market cap
AAPL	NASDAQ	+3.5%	Briefly touched $5T market cap
AMD	NASDAQ	-5%	Semiconductor weakness
WTC	ASX	+26% (week) / +6.67% (day)	WiseTech Global
LTR	ASX	-10.86%	Liontown Resources
WDS	ASX	+3.29%	Woodside Energy

Morningstar Cross-Reference Highlights

MSFT - rallied +16% this week; Morningstar independently raised its rating to 5 stars (from 4) after earnings. Fair value $600 vs ~$390 price - still significantly undervalued even after the rally.

WTC - up +26% this week, yet Morningstar's fair value of A$130 vs ~A$37.89 price implies the stock is still trading at roughly a 70% discount, following a fair-value cut tied to governance/succession concerns.

AAPL - up +3.5%; Morningstar's most recent published view (pre-earnings) rated it 2 stars / moderately overvalued. No post-earnings update found - may be stale.

Data quality note: Morningstar's live pages returned HTTP 403 (paywall/bot-blocking) to direct fetch. All figures reconstructed from public search snippets, cross-checked where possible - flagged explicitly wherever confidence was low (LTR: no coverage found; MIN/BHP: conflicting fair-value figures, reported as unresolved).

Watchlist - Mid-Term (1-3 years)

Criteria: Morningstar 4-5 star (undervalued) AND Uncertainty Low/Medium AND at least Narrow moat

Ticker	Rating	Fair value vs price	Notes
MSFT	5 star - Uncertainty Medium - Wide moat	FV $600 vs verified price $456.92 (~24% below FV)	Star rating raised 4 to 5 after Q4 FY26 earnings (Azure +43% YoY)

Watchlist - Long-Term (3+ years)

Criteria: Morningstar Wide economic moat rating

Ticker	Moat	Notes
MSFT	Wide	Also qualifies for Mid-Term (see above)
TER (Teradyne)	Wide	No confirmed current star rating; price unresolved (spread across sources) - qualifies on moat alone
WTC (WiseTech Global)	Wide (upgraded ~July 2026)	Star rating not currently confirmed; moat upgrade sourced to Morningstar only
AAPL	Wide	2 star rating (fails Mid-Term valuation bar); may be stale post-earnings

Watchlist - Dividends

Criteria: TTM yield above 2% AND consistent/growing payout history

Ticker	Yield	Payout history	Notes
WDS (Woodside Energy)	~5.2-5.7%	Consistent, no suspension - 5yr growth +24%, 3yr -12%	Cyclical energy payer - trending down from 2022 peak
BHP (BHP Group)	~3.2-3.3%	Consistent, no suspension - 5yr growth -3%, avg annual -18%	Cyclical iron-ore payer - declining/volatile

Excluded from every list (with reason, from independent verification): AMD (3 star fairly valued, narrow moat, very high uncertainty, no dividend), MU (no rating found, no moat, ~0.06% yield), MIN and PLS (dividends suspended, unresolved ratings), LTR (no analyst coverage found, price unverifiable - more than 2x spread across sources).