Tech stocks lift major US averages
Tech companies, led by Apple, powered the market Thursday and pulled the major averages into positive territory.
Read MoreTech companies, led by Apple, powered the market Thursday and pulled the major averages into positive territory.
Read MoreThe Australian sharemarket experienced a fifth consecutive day of decline, primarily driven by a decrease in interest rate-sensitive real estate stocks.
Read MoreIs it another sign of a weakening job market with a 65,000 drop in new jobs last month, or will these losses be offset as they were three times last year?
Read MoreASX falls due to the impact of UK inflation figures and US retail sales data, which prompted traders to reduce their expectations for interest rate cuts.
Read MoreA snapshot of the stocks on the move, featuring Gateway Mining (ASX:GML), Sabre Resources (ASX:SBR) and Ionic Rare Earths (ASX:IXR).
Read MoreIron ore looks good, nickel faces challenges, coking coal struggles, thermal coal holds steady, and copper shines in BHP's (ASX:BHP) December quarter and half-year production and sales reports.
Read MoreSerbia is actively seeking further discussions with Rio Tinto regarding the future of the Jadar lithium-borate project, despite Rio Tinto's recent statement expressing limited interest and a preference for investing in Argentina's metal industry and the extraction of iron ore in Africa and Western Australia.
Read MoreThe world's second-largest gold miner announced in November that its 2023 gold production would be lower than expected due to equipment issues at its Dominican Republic mine and reduced output at two sites in the Nevada Gold Fields business co-owned with Newmont in the US.
Read MoreStocks fell Wednesday as Treasury yields tracked higher following the release of stronger-than-expected U.S. economic data.
Read MoreChina's economic troubles were laid bare on Wednesday for the world to witness, signaling a troubled economy.
Read MoreWhat was more significant in China's steel production data from the National Bureau of Statistics (NBS) on Wednesday: the annual increase in crude steel production after three years or the steep decline in monthly production in December to a six-year low?
Read MoreOn Wednesday, the world's largest player in the lithium industry, Albemarle of the US, unveiled extensive restructuring and cost-cutting measures aimed at saving millions of dollars in expenses and capital expenditures (capex).
Read MoreElon Musk wants more control over Tesla—25% to be exact, which is nearly double his current holding.
Read MoreStocks fell Wednesday as Treasury yields tracked higher following the release of stronger-than-expected U.S. economic data.
Read MoreThe Australian sharemarket experienced a decline on Wednesday, mainly due to disappointing economic data from China and revised expectations regarding US interest rates.
Read MoreShares in Evolution Mining (ASX:EVN), a gold and copper miner, tumbled more than 20% yesterday as it released a concerning production report for the December quarter and half-year.
Read MoreChinese Premier Li Qiang had already revealed China's official GDP growth rate for 2023 – 5.2% – during the Davos talkfest in Switzerland on Tuesday, a day before the country's National Bureau of Statistics was set to release the official data on Wednesday.
Read MoreThe recent COP28 conference held in Dubai, being colloquially referred to as the Nuclear COP, was the first of the regular series of events held by the United Nations where the nuclear industry was welcomed with open arms as a critical factor in achieving global net zero.
Read MoreA snapshot of the stocks on the move, featuring Intra Energy Corporation (ASX:IEC), Pinnacle Minerals (ASX:PIM) and Minerals 26 (ASX:MI6).
Read MoreAustralian shares started the trading day on a decline, influenced by the negative trend in Wall Street due to comments from US Federal Reserve policymaker Christopher Waller opposing expectations of an imminent interest rate cut.
Read MoreThe 6th US major to report, Morgan Stanley, produced its figures on Tuesday as well. For the quarter ended December 31, 2023, it reported revenue of $US12.9 billion, above Wall Street estimates of $US12.7 billion.
Read MoreGoldman Sachs has reported its lowest annual profits in four years, as losses caused by its pullback from retail banking compounded a slowdown in its core business.
Read MoreIn 2024, the market hasn't opened as enthusiastically as it finished 2023. Initially bullish and eager for the Federal Reserve's pivot towards potential interest rate cuts, the outlook has since become more restrained due to mixed data and pushback from Fed members.
Read MoreBYD's export expansion continues, with the company revealing that its first potentially fleet of car carriers started its maiden voyage on Monday from Yantai Port in Shandong and Xiaomo Port in Shenzhen.
Read MoreThe Dow Jones Industrial Average fell on Tuesday as rates ticked higher and Wall Street pored through the latest batch of fourth quarter earnings.
Read MoreCanada's First Quantum Minerals has announced significant cuts in its operations and spending as it grapples with the aftermath of losing its $US10 billion Cobre Panama copper mine due to a combination of government and court decisions.
Read MoreThe Dow Jones Industrial Average fell on Tuesday as rates ticked higher and Wall Street pored through the latest batch of fourth quarter earnings.
Read MoreOn Tuesday, the Australian sharemarket experienced a significant decline, reaching a four-week low, as risk-off sentiment swept across all sectors, resulting in the S&P/ASX 200 dropping 1.1% to 7414.8 points, its lowest level since mid-December, mirroring the decline in the All Ordinaries index.
Read MoreEuropean Central Bank (ECB) members are actively opposing the idea of a rate cut pivot, while U.S. investors observe the Federal Reserve's movements. However, a near recession in Germany raises questions about the ECB's potential course of action.
Read MoreGlobal investment firm Morgan Stanley & Co. International plc+ has released a new report highlighting the bullish outlook for the uranium market.
Read MoreA snapshot of the stocks on the move, featuring FireFly Metals Ltd (ASX:FFM), Olympio Metals (ASX:OLY) and Metals Australia Ltd (ASX:MLS).
Read MoreAustralian equity markets opened weaker taking their lead from Europe after news of soft GDP numbers from Germany overnight.
Read MoreFirst Quantum Minerals halts Ravensthorpe nickel operation due to weak prices, adding to financial woes after $10B copper mine loss in Panama.
Read MoreRio Tinto (ASX:RIO) sticks to 2024 goals as WA iron ore inches up. Market challenges navigated with modest production increase.
Read MoreEuropean stocks closed lower Monday as US markets were closed for a holiday and investors in the region gear up for the World Economic Forum in Davos, Switzerland.
Read MoreEuropean stocks closed lower Monday as US markets were closed for a holiday and investors in the region gear up for the World Economic Forum in Davos, Switzerland.
Read MoreRegulated utilities are known for their ability to generate predictable returns regardless of market conditions. For this reason, we often describe utility stocks as the ‘lead in the keel’ of our infrastructure portfolios. They allow us to navigate volatile global equity markets with confidence.
Read MoreAus shares closed flat, while Santos' NT gas project received the green light. Super Retail rallied on on a $2 billion sales update.
Read MoreIn a significant legal victory for energy giant Santos, the Federal Court has ruled in favour of the company, allowing it to proceed with the construction of a crucial undersea pipeline essential to its $US4.3 billion Barossa gas project.
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