US stocks have closed higher as investors digested earning reports from several major technology companies.
Noel Randewich
AI-driven copper demand has lifted materials stocks on a mixed day of trading for the Aussie sharemarket, as healthcare and consumer staples lagged.
Cameron Micallef
Australia is among the top-performing regions for global ice cream giant Magnum, but it was dragged down by the Americas as the growing popularity of weight-loss drugs dampens demand for sweet treats.
Cheyanne Enciso
Investors allege the travel wholesaler talked up growth and margins before a downgrade belted its shares.
Ryan Johnson
Unions have threatened strike action against BHP saying it’s time to put an end to “delay, distract and waste time” negotiation tactics.
Fortescue has stepped up warnings that China is distorting the iron ore market amid a huge value wipeout at its long-troubled Iron Bridge mine.
Adrian Rauso and Daniel Newell
Microsoft made market history overnight Thursday, adding nearly half a trillion US dollars to its value, the most by any stock in a single day.
Subrat Patnaik
US stocks have closed higher as investors cheered earnings results from Microsoft and digested economic data.
Country Road Group is the latest retailer to call out tougher trading conditions due to the Iran war and rising interest rates as it records a brutal sales slump.
Middle East war fears and Wall Street’s heavy overnight fall have snapped the ASX 200’s three-day winning streak, with nine of 11 sectors closing lower.
Commonwealth Bank could post a $10.8 billion profit and still disappoint investors, with UBS arguing its lofty valuation leaves little room for anything less than a flawless result.
NAB has released a staggering update on home loan applications and the RBA has made it clear struggling borrowers are on their own.
The company that owns one of Australia's two oil refineries says the Middle East war underscores the need to keep that capability, as the conflict continues.
Kaaren Morrissey
Shareholders in the lithium miner are set to share in the spoils of a growing cash pile, with chief Dale Henderson not keen to whip out the company’s bulging wallet for an acquisition anytime soon.
US stocks closed lower after the Federal Reserve kept interest rates on hold and with AI stocks compounding recent declines.
Staff Writers
Embattled pizza giant Domino’s says its move to dump heavy promotions and popular discount vouchers in WA has proven successful and will be rolled out nationally this financial year.
Softer inflation figures have sent the ASX surging to its highest close in five months, despite the Australian dollar falling.
A lacklustre end to the financial year and a weaker-than-expected outlook have pummelled Liontown’s share price.
Adrian Rauso
European shares and US futures have risen while nerves over AI battered Asian markets, as investors prepare for a Fed rate decision and some big tech earnings.
Niket Nishant and Ankur Banerjee
Northern Star Resources is keeping full-year production expectations close to its chest as it starts up the problematic $1.6 billion expansion of its Fimiston mill at the Super Pit mine in the Goldfields.
Rebecca Le May and Daniel Newell
Higher oil prices fuelled by the Middle East war have pumped up profits for Woodside Energy but the conflict has delayed steel deliveries for its major new US project..
Sean Smith
Rio Tinto is looking to sell, instead of restart, its mothballed Mt Cattlin mine in WA amid a lithium price revival.
Chris Ellison’s Mineral Resources has closed out a resurgent financial year with a quarterly record at its all-important Onslow Iron operation.
US stocks have closed mostly higher as investors scrutinise the need for more corporate spending on artificial intelligence infrastructure.
