US stocks have opened continuing to rally, boosted by positive news out of the Middle East, to build on their biggest monthly gains in years.
Staff Writers
Major miners and Coles have powered the ASX 200 to break their worst run since 2018, delivering a 64-point recovery.
Cameron Micallef
Mineral Resources will ride the full upside of high lithium prices for longer after its finalisation of a sale deal with POSCO was pushed back.
Adrian Rauso
Atlassian’s stock price has soared after the Australian software giant smashed analyst expectations in its third quarter results, defying fears AI would erode demand for its workplace software.
Ryan Johnson
The ASX has ended the week on a positive note, buoyed by strong US earnings despite ongoing uncertainty over the Gulf energy crisis.
Adrian Black
The dollar has tumbled against the yen a day after the Bank of Japan apparently stepped into currency markets, while US stock futures have edged higher.
Wayne Cole and Lucy Raitano
Coles has failed to keep pace with its arch rival as the supermarket giant warns suppliers are starting to ask for price hikes to offset the ripple effects of the Iran war.
Cheyanne Enciso
Coles customers have been forced to make big changes to the way they shop at the grocer as they seek to reduce the financial blows stemming from the war in Iran.
Supermarket giant Coles has delivered its sales results for the March quarter, making a huge promise to Aussies on looming price hikes.
Blair Jackson
Apple says revenue grew 17 per cent to $US111 billion in the first three months of the year.
Stephen Nellis and Juby Babu
ANZ has posted a massive half-year profit, up nine per cent, as it delivers a dire warning to every Australian household.
Blair Jackson and Cameron Micallef
ANZ’s first-half profit surpassed analyst estimates as chief executive Nuno Matos pushes ahead with his overhaul of the big four bank.
Richard Henderson
US stocks have closed higher as investors digested data showing that the country's economic growth picked up in the first quarter.
Stephen Culp and Niket Nishant
The ASX has plunged for eight straight sessions as soaring oil prices threaten to devastate grocery bills and corporate margins.
European stocks have fallen as oil prices surge to a four-year high over the Iran war and investors expect a hawkish tone from European and UK central banks.
Marc Jones
The local share market has endured its longest losing streak since 2018 as oil prices hit $US126 a barrel and hopes fade of a quick end to the Middle East war.
Poppy Johnston
Shares in South32 are in the red after the diversified miner shocked investors with a huge cost blowout and delays at its much-hyped Hermosa project in the US.
Daniel Newell and Adrian Rauso
Woolworths boss Amanda Bardwell expects a ‘first wave’ of price rises in fruit, vegetables, milk and bread as she warns consumers are under ‘peak stress’ amid the cost-of-living crisis.
Chris Ellison’s Mineral Resources whittled down a mountain of debt and boosted its production targets after successfully weathering Pilbara storms.
Woolworths says key producers have asked to be paid more, with surging inflation and massive extra fuel costs expected to lead to higher prices at the checkout.
Woolworths chief executive Amanda Bardwell conceded the supermarket got it wrong during the last inflation cycle, promising to be more transparent with suppliers and customers this time around.
Cheyanne Enciso and Daniel Newell
Google's parent company revenue rose 22 per cent to $US109.9 billion in the first quarter, above an estimate of $US107.2 billion.
Akash Sriram and Kenrick Cai
Meta has revised its capital expenditure outlook, lifting the projected full-year range to $US125 billion to $US145 billion from a previous estimate of $US115b.
US stocks have closed mostly lower as investors digested comments from the head of the country's central bank.
