US stocks bounce back as Middle East tensions ease
US stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results.
Read MoreUS stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results.
Read MoreThe Australian sharemarket experienced a modest relief rally on Monday, with the S&P/ASX 200 Index rising by 1.1 per cent to 7649.2 points, partially recovering from the previous week's 2.8 per cent loss amidst eased tensions between Israel and Iran.
Read MoreAir New Zealand (ASX:AIZ) trimmed its annual earnings estimates on Monday, citing cost-of-living pressures leading to softer revenue in domestic travel, as well as more competition on its key North American routes.
Read MoreThe ASX is trading higher on Monday amidst easing tensions between Israel and Iran, with the S&P/ASX 200 rising by 1.4% to 7671 points at the open, partly recovering from last week's 2.8% loss. At noon, the S&P/ASX 200 is 0.94 per cent higher at 7,638.90.
Read MoreA snapshot of the stocks on the move, featuring Base Resources, Lanthanein Resources, Orion Minerals and Novonix.
Read MoreSouth32's (ASX:S32) Groote Eylandt manganese mining and export operations in the Gulf of Carpentaria look set to remain offline for another year following Cyclone Megan, which devastated the area in mid-March.
Read MoreThe US first-quarter reporting season accelerates. Up to Friday, 14 companies in the S&P 500 had reported so far, and this week they will be joined by another 158 (or more than 30% of the index), as well as 11 of the 30 companies in the Dow.
Read MoreAs markets realized that Israel's retaliatory attack on Iran caused little damage, gold lost its early momentum but still managed to hang on to the small gain that left it closing above $US2,400 an ounce on Friday.
Read MoreIron ore prices eased on Friday but still ended the week with a small gain, marking a notable uptrend for April.
Read MoreEarly trading saw oil spike more than 3 per cent and Middle East tensions take centre stage until the limited nature of Israel’s retaliation against Iran became apparent, easing concerns of any further escalation in the region and calming markets.
Read MoreLike gold, oil ran up and then down as the news of the Israeli reply to Iran’s attack earlier in the week waxed and waned in terms of tensions.
Read MoreOne of those weeks (there are four of them) when the most accurate consumer price inflation data comes around—a sure generator of a lot of words, forecasts, and guesses.
Read MoreInflation dominates market thinking again this week, along with the first estimate of US March quarter economic growth. There are also events in the Middle East for investors to continue to worry about, while earnings interest turns to four of the Magnificent Seven – well, three, if you exclude a tanking Tesla.
Read MoreThe US first-quarter reporting season accelerates. Up to Friday, 14 companies in the S&P 500 had reported so far, and this week they will be joined by another 158 (or more than 30% of the index), as well as 11 of the 30 companies in the Dow.
Read MoreNasdaq suffered its sixth straight losing day on Friday, the longest downtrend in more than a year. Tech giants like Nvidia and the much-diminished Tesla slid.
Read MoreShaw and Partners Chief Investment Office Martin Crabb discusses strategies for investing in the current volatile market conditions.
Read MoreDr 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 MoreMartin Carolan – CEO and Managing Director – Provaris Energy Limited (ASX:PV1) is developing a portfolio of integrated green hydrogen projects, leveraging innovative compressed shipping IP.
Read MoreDaniel Lai – CEO and Managing Director – archTIS Limited (ASX:AR9, OTCQB:ARHLF) is a global provider of software solutions for the secure collaboration of sensitive information. The company’s data-centric information security solutions protect the world’s most sensitive content in government, defence, supply chain, enterprises and regulated industries through attribute-based access and control policies.
Read MoreDr Amanda Buckingham – Managing Director – Warriedar Resources Limited (ASX:WA8) is an advanced gold and copper exploration business, with a resource base of approximately 2 Moz gold across Western Australia and Nevada, and a robust pipeline of high-calibre drill targets.
Read MoreIn the dynamic landscape of technology, quantum computing and artificial intelligence (AI) emerge as transformative forces, poised to revolutionize industries and reshape investment paradigms.
Read MoreNetflix created another fuss this week with its decision to abandon regular updates on subscriber numbers and revenue data, in what is looking more like an admission that it has reached what some analysts might call “Peak Netflix”.
Read MoreAustralian shares are on course for their seventh decline in eight sessions amid investor preference for higher bond yields and gold due to concerns about persistent inflation.
Read MoreBHP (ASX:BHP) increasingly loves copper, especially in South Australia, where it took a $9.6 billion punt in 2022-23 by purchasing OZ Minerals, a move that is now paying off in spades. Copper is pouring out of the company’s three mines in South Australia, led by Olympic Dam, arriving just in time to catch the recent rebound in prices to a 16-month high earlier this month of $US4.4385 a pound on Thursday. These are the highest copper prices since May 2022, in the wake of the Russian invasion of Ukraine.
Read MoreOperationally, Pilbara Minerals (ASX:PLS), the country’s best-performing lithium player, had a solid three months to March 31 at its WA operations, with record mining, production, and sales. Unfortunately, on the pricing and financial side, it was as tough as it will probably get.
Read MoreA snapshot of the stocks on the move, featuring DY6 Metals, Impact Minerals and Estrella Resources.
Read MoreWinston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreWoodside Energy (ASX:WDS) has had a slow start to its 2024 financial year, with weak production and product mix resulting in a double-digit drop in revenue for the three months to March.
Read MoreIn collaboration with Marketech, their new, free, award-winning Focus platform now comes embedded with all the ShareCafe, Finance News Network and Corporate Connect content.
Read MoreThe Chinese-controlled Yancoal Australia (ASX:YAL) has weathered a near-halving in the price of its main product, thermal coal, in the three months to March and still augmented its substantial cash pile.
Read MoreUS jobless numbers held steady overnight, adding yet another data point that suggests the US economy is firing on all cylinders.
Read MoreTesla shares fell to their lowest level in more than a year on Thursday as shareholder unease grows about plans to try to reinstate Elon Musk’s multi-billion share deal, move the company’s domicile to Texas, and abandon a cheap EV (Tesla 2) for the questionable robotaxi idea.
Read MoreEven after another surge in subscriber numbers, revenue, and earnings, Netflix shares fell 4% in after-hours trading as the streaming video giant all but thumbed its nose at Wall Street analysts and their followers.
Read MoreShares rebounded on Thursday, breaking a seven-day streak of losses, following Australia's jobless rate rising to 3.8% in March, aligning with market expectations.
Read MoreAnax Metals (ASX:ANX) CEO Geoff Laing discusses the company's innovative approach to mining as its pioneers bioleaching tech for sustainable resource extraction.
Read MoreBHP (ASX:BHP) is confident it is heading for a solid production and sales performance for most of its portfolio by June. The company said on Thursday it remains on track to meet copper, iron ore, and energy coal production for the year.
Read MoreAustralian employment decreased by 7000 in March, resulting in a rise in unemployment to 3.8% from February's 3.7%, contrary to analysts' expectations of a 10,000 increase and a stable unemployment rate at 3.9%.
Read MoreA snapshot of the stocks on the move, featuring Nimy Resources, New Age Exploration and Immutep.
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