Source: Kapitales Research

Highlights

• AMP lifted its first-half FY26 earnings outlook, driven by stronger China partnership contributions and investment income.
• REA Group shares gained as investors showed renewed confidence in the digital property platform sector.
• Life360 extended its rally amid continued optimism surrounding its growth trajectory and expanding user base.

The Australian share market witnessed strong buying interest in selected large-cap stocks on 16 July, with AMP Limited (ASX: AMP), REA Group Ltd (ASX: REA) and Life360 Inc. (ASX: 360) emerging among the day's notable gainers. AMP shares rose 5.92% to AU$1.832, REA Group advanced 5.70% to AU$157.350, while Life360 climbed 5.43% to AU$26.620. Investors responded positively to company-specific developments and continued momentum in growth-focused sectors.

AMP Raises First-Half Profit Expectations

AMP Limited led the gains after upgrading its expected underlying net profit after tax (NPAT) for the first half of FY26 to between AU$170 million and AU$180 million, reflecting stronger-than-anticipated operating performance.The financial services company attributed the improved outlook to several positive factors. Contributions from its China partnerships are expected to rise approximately 24% from the previous half to around AU$56 million. Higher interest rates also supported group investment income, while favourable platform-related impacts and recognition of carried interest from a legacy infrastructure fund added to earnings. These gains were partly offset by a negative revaluation in other partnership investments.AMP also noted that additional carried interest may still be realised if the remaining assets within the legacy fund are sold and relevant conditions are satisfied. The company is scheduled to release its full first-half FY26 results on 6 August 2026.

REA Group Extends Market Momentum

REA Group also attracted investor attention, with its shares adding nearly 6% during the session. The digital property listings leader benefited from renewed buying interest in quality technology and online marketplace businesses, as investors continued to favour companies with resilient earnings profiles and strong market positions.The stock's advance reflected positive market sentiment towards established digital platforms, which continue to benefit from long-term structural demand across Australia's real estate ecosystem.

Life360 Continues Its Strong Run

Life360 shares also finished among the day's top performers. The family safety technology company has remained in focus as investors continue to back businesses demonstrating expanding customer engagement and scalable subscription-based revenue opportunities.The continued strength in Life360's share price highlights growing optimism surrounding technology companies capable of delivering sustainable long-term growth despite broader market uncertainties.

Investor Sentiment Supports Quality Growth Stocks

The strong gains across AMP, REA Group and Life360 underline investors' preference for companies delivering improving financial performance, resilient business models and attractive long-term growth prospects. While AMP's upgraded earnings guidance provided a clear catalyst, ongoing confidence in digital platform and technology businesses also helped lift REA Group and Life360 during the trading session.Note- All data presented is based on information available at the time of writing.Disclaimer for Kapitales ResearchThe materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise. 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au