US markets continue positive momentum to start the week
A solid earnings season and rising confidence in the Fed’s rates policy saw markets continue their advance to start the week well into positive territory.
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ASX grows 0.7%: Real Estate leads sectors ahead of RBA decision
The Australian sharemarket saw a 0.7% increase in the benchmark S&P/ASX 200 Index on Monday, primarily driven by gains in interest rate sensitive sectors such as real estate and information technology ahead of the Reserve Bank's expected decision to maintain the cash rate.
Read MoreSouthern Cross Electrical Engineering – disguising a lack of earnings growth?
How to disguise a lack of earnings growth: announce a big contract win and how that will boost the next financial year’s earnings and not the one that ends on June 30, 2024.
Read MoreSeasonal patterns in shares – should we “sell in May and go away”?
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses seasonal patterns in shares.
Read MoreGrainCorp announces dramatic drop in earnings
GrainCorp (ASX:GNC), the major east coast grain handler and shipper, has confirmed that it is facing a dramatic drop in first-half earnings for the six months to March 31.
Read MoreStocks of the Hour: TechGen Metals, SC Electrical Engineering, Mandrake Resources
A snapshot of the stocks on the move, featuring TechGen Metals (ASX:TG1), Southern Cross Electrical Engineering (ASX:SXE) and Mandrake Resources (ASX:MAN).
Read MoreQantas settles ghost flights case with ACCC
Qantas (ASX:QAN) has settled its so-called ghost flights legal case with the competition regulator, the ACCC, at a cost of around $120 million.
Read MoreASX up 0.54% near noon: All eyes await RBA decision
The Australian sharemarket surged at opening due to a weaker-than-expected US jobs report, suggesting potential interest rate cuts in the US. At 11:30am, the S&P/ASX 200 is 0.54 per cent higher at 7,670.3.
Read MoreUS payrolls and wages, US stagflation?, RBA to hold, Aus consumer remains weak, Aus budget
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events.
Read MoreWestpac reports dip in earnings
Westpac (ASX:WBC) has joined the National Australia Bank in reporting a double-digit dip in earnings for the half-year to March but will reward shareholders with higher dividends and a higher buyback.
Read MoreUS copper futures climb nearly 2%
US copper futures shook off a couple of weak days on Friday to climb nearly 2%, settling at $US4.5680 a pound ahead of the important elections in Panama on Sunday (yesterday).
Read MoreAmerican investors cautious amid slowing economy
Now, American investors have hopped back on the rate-loom bandwagon, but they could be on it for the wrong reasons after the April jobs data on Friday and a couple of other data releases during the week that suggest the economy might be in the process of cooling a bit more quickly than understood.
Read MoreSofter jobs data boosts US markets
US equity markets rallied strongly on Friday following softer-than-expected April jobs numbers. The report took some pressure off the Fed after recent hotter than expected economic data.
Read MoreBuffet sells Apple shares
Just as Apple’s first-quarter performance had won back skeptical investors, Warren Buffett's surprise $US 20 billion sale of Apple shares will send shockwaves through share markets starting today.
Read MoreAnother negative week for the US oil industry
Another negative week for the US oil and gas industry, with oil rig numbers now tumbling below their level at the close of 2023.
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Berkshire Hathaway’s March earnings
Berkshire Hathaway’s March quarter earnings were overshadowed at the weekend by news of a big sale of Apple shares and a possible significant investment in Canada.
Read MoreEZZ Life Science Holdings (ASX:EZZ) – Webinar Presentation
Glenn Cross, Chair, EZZ Life Science Holdings (ASX:EZZ) is a genomic life science company with a mission to improve quality of life and human health.
Read MoreBCAL Diagnostics (ASX:BDX) – Webinar Presentation
Jayne Shaw, Executive Chair, BCAL Diagnostics (ASX:BDX) is an Australian screening and diagnostic company committed to the early, accurate diagnosis of breast cancer, and therefore early intervention and improved outcomes for women.
Read MoreMetalsTech (ASX:MTC) – Webinar Presentation
Gino D’Anna, Director, MetalsTech (ASX:MTC) is a locally owned publicly listed company, engaged in gold and lithium exploration.
Read MoreASX up 0.53% near noon: Consumer Discretionary leads sectors
The Australian sharemarket began on a positive note amidst concerns of prolonged higher interest rates, with Apple's stock surging over 7% in after-hours trading and local tech companies such as Pro Medicus reaching record highs.
Read MoreStocks of the Hour: Chariot Corporation, Haranga Resources, Patagonia Lithium
A snapshot of the stocks on the move, featuring Chariot Corporation (ASX:CC9), Haranga Resources (ASX:HAR; FRA:65E0) and Patagonia Lithium (ASX:PL3).
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Winston’s Weekly: The US Fed, Inflation and A-REIT value stocks.
Winston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreInsights on global copper trends and challenges
The International Copper Study Group (ICSG), headquartered in Lisbon, Portugal, has updated its projections on the global balance of refined copper production and consumption, shedding light on critical trends and challenges shaping the industry's landscape.
Read MoreMacquarie Group’s resilient performance in face of earnings slide
Macquarie Group (ASX:MQG) has kept shareholders happy with a cut to the annual dividend much smaller than the 32% slide in full-year earnings the financial giant revealed on Friday morning.
Read MoreUranium market dynamics: Insights from Cauldron Energy’s CEO Jonathan Fisher
US ban on Russian uranium imports could reshape the global market. Cauldron Energy's CEO Jonathan Fisher shares insights and implications for supply and prices.
Read MoreThe worlds biggest maker of EVs reports slowdown
BYD, the world’s biggest maker of electrified vehicles, didn’t escape the fallout from China’s EV price wars in the first quarter of 2024.
Read MoreApple’s earnings better than anticipated
You know Apple’s board and management understand the trouble the company is in with investors. Why else would it, after a better-than-expected set of figures for the March quarter, boost dividends and announce a record buyback?
Read MoreRobust earnings results drive US markets higher
Strong earnings and softer treasury yields ease investor concerns further, as Megacap Tech stocks lead markets higher.
Read MoreMining, Metals and the Circular Economy Conference
"Mining, Metals and the Circular Economy" will take place alongside the International Mining and Resources Conference on 29 & 30 October at the ICC Sydney, bringing together experts and thought leaders in the mining sector for a dynamic exchange of ideas and best practices.
Read MoreBuilding approvals rise in March
Building approvals rose in March, but the trade account saw a larger-than-forecast fall in the size of the goods surplus for the month.
Read MoreAnalysis of TechnologyOne and Smart Parking
Fund Manager Chris Pedersen discusses TechnologyOne, Smart Parking and whether inflation is going back up.
Read MoreASX closes 0.23% higher: Woolies tumbles 4.2%
At the closing bell, the S&P/ASX 200 was 0.23 per cent higher at 7,587, led by gains in the financial sector, as National Australia Bank exceeded analysts' expectations with a $3.55 billion cash profit, while US markets remained mixed following the Federal Reserve's decision to maintain interest rates and Chairman Powell's indication of unlikely further rate hikes.
Read MoreBapcor plunges 30%
The 30%-plus plunge in the Bapcor (ASX:BAP) share price after Thursday’s trading update told the story of why incoming CEO, Paul Dumbrell, recoiled and quit the gig a day before he was due to start on May 1.
Read MoreStocks of the Hour: Krakatoa Resources, Immutep, ABx Group
A snapshot of the stocks on the move, featuring Krakatoa Resources (ASX:KTA), Immutep (ASX:IMM) and ABx Group (ASX:ABX).
Read MoreASX up 0.32% despite concerns of prolonged interest rates in the US
Australian shares showed resilience, edging higher on Thursday morning despite concerns about prolonged higher interest rates, with the S&P/ASX 200 up 0.2%.
Read MoreNAB reports steady results
As forecast by most analysts, it was a "steady as she goes" outcome for the National Australia Bank's (ASX:NAB) 2023-24 half-year, with shareholders to receive a small lift in their interim payout and a larger buyback, despite a well-anticipated dip in earnings.
Read MoreWoolworths sales slows
Woolworths (ASX:WOW) fell even further behind rival Coles in the third quarter, as sales growth in it revenue and profit centre – Australian food (its supermarkets) slowed to 1.5%, less than a third of the sales growth rival Coles reported from its supermarkets reported on Tuesday.
Read MoreHome prices rose 0.6% in Apr – supply shortfall continues to outweigh negative impact of high rates
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices.
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