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103 results for “earnings”
Lendlease Group (ASX: LLC) shares gave investors a rare reason to cheer after the company named Nick O’Neil as its next chief executive. The stock rose about 4.6% to close at A$2.74 after the announcement. That was a welcome move for shareholders,…
Wesfarmers (ASX: WES) has returned to investor attention after its latest Strategy Day update. The owner of Bunnings, Kmart, Officeworks and Priceline is now putting more focus on productivity, digital tools and artificial intelligence. Wesfarmers stock moved higher after the update, showing…
Strong US jobs data has brought interest rate worries back to Wall Street. The latest jobs report showed that the US economy added 172,000 jobs in May, while the unemployment rate stayed unchanged at 4.3%. On the surface, that sounds like good…
OpenAI has confidentially filed for an IPO that could value it at up to US$1 trillion, days after Anthropic filed at US$965 billion. They join SpaceX, set to start trading on 12 June at around a US$1.75 trillion valuation, in a record-breaking…
Brent crude jumped nearly 5% and traded above US$97 a barrel as Iran-Israel tensions escalated. ASX oil and gas stocks can benefit from higher oil prices, but not all producers have the same leverage. Karoon Energy offers one of the clearest direct…
CSL (ASX: CSL) shares jumped 5.7% to A$97.91 on Friday, its strongest one-day gain since February 2022. The move came as investors rotated back into ASX healthcare stocks after a painful year for the sector. CSL is still down almost 60% over…
A strong US jobs report would normally be good news for markets, but this time it triggered the opposite reaction. Investors feared that stronger hiring would make the Federal Reserve less likely to cut interest rates soon, hitting richly valued AI and…
