Apple, Facebook Don’t Disappoint
Apple’s and Facebook’s quarterly performances easily topped all expectations as the megatechs continued to demonstrate why they dominate US investor thinking.
Read MoreApple’s and Facebook’s quarterly performances easily topped all expectations as the megatechs continued to demonstrate why they dominate US investor thinking.
Read MoreThe US sharemarket lost ground in late trade despite the Federal Reserve keeping interest rates on hold for a 9th month. Apple, Facebook, Boeing, Ford, Spotify and Shopify all released earnings.
Read MoreWall Street dipped into the red in the final minutes of the session after the US Federal Reserve issued an upbeat assessment of the health of the American economy as it emerges from the pandemic.
Read MoreAustralia exported a record $14 billion worth of iron ore in March, a $2.5 billion increase from February as volumes recovered and prices surged to a series of new highs.
Read MoreAfter being told to expect weaker earnings well in advance, Coles investors were not surprised when the fall did eventuate in the March quarter, according to the retailer’s update on Wednesday.
Read MorePaul LaCoursiere, Head of ESG Investments, introduces the three main categories of ESG investment strategies and explores some of the considerations to be aware of.
Read MoreShares in explorer and miner IGO hit a two-month high on Wednesday after a weak underlying quarterly update that was rescued by a huge windfall in currency gains.
Read MoreEconomists think that headline inflation will surge from the March quarter’s annual rate of a weak 1.1% to more than 3% in the current June quarter.
Read MoreUpgrades keep flowing, this time from protective equipment maker Ansell and property and retail group Mirvac, both of whom indicated stronger second quarters.
Read MoreInvestors reacted predictably after long-time JB Hi-Fi CEO Richard Murray sprung a major shock on investors by deciding to leave JBH for the top job at the much smaller Premier Investments.
Read MoreYet another takeover offer for Link Group has fallen over as the group of investors led by the Pacific Equity Partners and the US Carlyle group dropped their bid and departed the arena.
Read MoreThe Aussie market responded positively to today’s weaker than expected March Quarter inflation numbers as it gives the RBA less reason to lift rates sooner. Most sectors rose with financials, energy and property among the standouts.
Read MoreLocal shares have lifted following weaker than expected March Qtr inflation numbers. Financials, energy and property stocks are among the best performers while miners lag behind. There have been plenty of companies releasing quarterly updates.
Read MoreThe March quarter Consumer Price Index surprised with a smaller than expected rise of just 0.6% after a 0.9% in the December quarter.
Read MoreThomas Rice, portfolio manager for the Perpetual Global Innovation Share Fund provides his regular wrap of technology, innovation, and finance news.
Read MoreBell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: KKR investment incentives, Metrics institutional placement.
Read MoreThe losses keep mounting for some of the financial world’s biggest names from the shock failure of Archegos Capital — almost a month after the collapse of the US hedge fund.
Read MoreASX200 up 3 points to 7036. Link (-3.3%); the Pacific Equity Partners / Carlyle Group consortium has withdrawn its takeover proposal.
Read MoreResults from two of the world’s major megatechs – Microsoft and Alphabet – have again underlined who the big winners continue to be in the business world.
Read MoreThere’s nothing like high prices to bring a lot of green to the balance sheets of oil companies and a smile to the faces of their executives, as we saw with Woodside, Santos, and now BP.
Read MoreThe Dow Jones index rose by 3 points or less than 0.1%. The S&P 500 index fell by just 0.9 points from record highs. And the Nasdaq index fell by 48.5 points or 0.3% from record highs.
Read MoreExporting iron ore to China just got even more profitable thanks to record prices, as was made very clear in the March quarterly financials from Vale, the big Brazilian miner and exporter.
Read MoreHSBC lifted first quarter earnings 79%, as the Asia-skewed lender recovers from the coronavirus pandemic and the problems in Hong Kong in 2019 and 2020.
Read MoreBingo said the shareholders of Sydney waste merchant, Bingo Industries as it finally said ‘yes’ to a bid from Macquarie Infrastructure and Real Assets and its managed funds for $2.3 billion.
Read MoreThe chances have improved for Entain to grab control of Tabcorp’s bookmaking and media division after it sweetened its original $3 billion offer with an additional $500 million.
Read More18 months after warning high iron ore and coking coal prices would damage earnings, BlueScope is more profitable than it ever has been despite ore prices surging even further.
Read MoreA quick turn of events in the going nowhere takeover battle between Melbourne-based multi millionaire, Raphael Geminder and his target, Melbourne-based McPhersons.
Read MorePlumbing and building supplies group Reliance Worldwide shares hardly moved yesterday in the wake of an early solid March quarter sales update.
Read MoreShares in Indonesian-focused Nickel Mines were savaged on Tuesday after the company’s March quarter report revealed lower than expected nickel sales and production.
Read MoreAlison Savas from Antipodes runs through her thoughts on the world’s markets at present, where the risks lie, and how the Antipodes Global Fund’s portfolio is currently positioned.
Read MoreThe Australian sharemarket finished lower for a second day with most sectors heading backwards. However, with just three trading days left in April, the Aussie market is having its best month of the year.
Read MoreCatch up on the full webinar with a keynote presentation from Fremont Petroleum Corporation (FPL), Terracom Limited (TER), Pay Group Limited (PYG) & Mount Ridley Mines Limited (MRD)
Read MorePresenter – Danny McCarthy Managing Director & Craig Ransley Executive Chairman – TerraCom Limited is an emerging resource explorer with a large portfolio of operating assets in Australia and South Africa. The company is undertaking a growth strategy towards delivering a mid-tier diversified operating and trading business.
Read MoreThe Australian sharemarket is falling for a second day with most sectors in negative territory.
Read MoreUK punting giant Entain has lifted its offer for Tabcorp’s bookmaking and media division by half a billion dollars, taking the new price to $3.5 billion.
Read MoreConsumption of product derived from mineral sands during the pandemic augurs well for Iluka Resources, although border closures deliver challenges.
Read MoreASX200 down 18 points (0.2%) to 7027. Afterpay (-1.3%) / Sezzle (-0.7%) / Zip (-2.5%); non-bank lender Nimble has warned many customers are facing a looming debt spiral as they max out on BNPL purchases.
Read MoreTesla shares were all over the place on Monday ahead and after the release of the electric vehicle maker’s March quarter results.
Read MoreKey earnings reports are set to be delivered this week. Investors also await the Federal Reserve rates decision and data on economic growth. Shares in Tesla rose by 1.2% ahead of results expected after the bell on Monday.
Read MoreThe boom in iron ore prices continues and South Korean steelmaker Posco on Monday provided a good explanation as to why – business is going very well indeed.
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