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Morgans Analysts Alexander Mees and Emily Porter give a wrap of the Consumer Discretionary sector, following this past February Reporting Season. Investors became more positive towards the consumer discretionary sector over the course of reporting season. The 1H24 earnings performance of the stocks we cover generally exceeded expectations, leading us to increase our full year EPS estimates by 2%....

US equity markets advanced but trimmed gains in the closing hour of trading as investors digested Federal Reserve Chair Jerome Powell’s first day of congressional testimony - Dow added +76-points or +0.20%.

Morgans Equity Strategist Tom Sartor runs through our Reporting Season review with Australian corporates again shrugging another reporting test, navigating slowing demand and higher interest rates to post respectable half-year results in February. See our full Reporting Season Wrap here - www.morgans.com.au/reporting-season Check out more from Morgans: Visit the Morgans website: www.morgans.com.au...

Technology stocks led declines on US equity markets overnight, with investors also eyeing Federal Reserve Chair Jerome Powell’s congressional testimony tonight AEST and labour market data later in the week - Dow fell -405-points or -1.04%. Apple fell -2.84% after a report by Counterpoint Research reported that the company sold 24% fewer iPhones in in China in the first six weeks of 2024 versus a y...

The US equity market rally stalled overnight, with both the S&P 500 and Nasdaq retreating from record highs - Dow eased -98-points or -0.25%. Apple Inc fell -2.54% after the European Commission, the European Union’s executive arm, hit the company with a €1.8B antitrust fine for abusing its dominant position in the market for the distribution of music streaming apps. Separately, the Federal Avi...

Morgans AM: Monday, 4 March 2024 by Morgans Financial

Morgans AM: Friday, 1 March 2024 by Morgans Financial

Stephanie Commons, Acting Chief Executive Officer of Dalrymple Bay Infrastructure (ASX:DBI) gives the Morgans network an update following their full year result. Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans. Australia On Twitter: twitter.com/Morg...

Morgans AM: Thursday, 29 February 2024 by Morgans Financial

Morgans Analyst Alex Lu gives his analysis of the 1H FY24 result from Woolworths Group (WOW). Follow our Reporting Season coverage here: https://www.morgans.com.au/reporting-season Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans. Australia On Twitte...

US equity markets mostly firmer as investors digested the latest round of corporate earnings releases and eye gross domestic product (GDP) figures tonight AEST and inflation figures on Thursday night AEST (29 February) - Dow fell -97-points or -0.25%. UnitedHealth Group Inc (down -2.27%) after the Wall Street Journal (WSJ) reported that the Justice Department has launched an antitrust investigatio...

George Lippiatt, Chief Financial Officer of Aurizon Holdings (ASX:AZJ) gives the Morgans network an update following their 1H24 Result. Follow our Reporting Season coverage here: https://www.morgans.com.au/reporting-season Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www....

US equity markets settled with modest declines following the recent Nvidia Corp (up +0.35%) fuelled rally, with traders eyeing gross domestic product (GDP) and inflation data later in the week - Dow eased -62-points or -0.16% to 39,069.23 after logging its 14th record close of 2024 last Friday (23 February). Amazon.com Inc (down -0.15%) joined the 30-stock index overnight, replacing Walgreens Boot...

Following the latest meeting of the Reserve Bank of Australia (RBA), Morgans Chief Economist Michael Knox explains that the RBA minutes don’t say rate cuts are a shoo in at all. Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans. Australia On Twitter:...

The Dow and S&P500 eked out fresh record highs on Friday (26 February) - Dow added +62-points or +0.16% to a fresh record losing high of 39,131.53. Amazon.com Inc (up +0.23%) will replace Walgreens Boots Alliance (up +0.74%) as one of the 30 members of the Dow before the start of trading tonight AEST.

Morgans Senior Analyst Nathan Lead gives his analysis of the 1H FY24 result from APA Group (ASX:APA). Follow our Reporting Season coverage here: https://www.morgans.com.au/reporting-season Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans. Australia O...

Morgans Senior Analyst Adrian Prendergast gives his analysis of the 1H FY24 result from BHP Group (ASX:BHP). Follow our Reporting Season coverage here: https://www.morgans.com.au/reporting-season Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans. Aust...

A bumper fourth quarter earnings release from Nvidia Corp after the close of the previous session drove a strong rally on US equity markets and global markets more broadly - Dow rose +457-points or +1.18% to a fresh record closing high of 39,069.11, pushing above >39,000 for the first time. Salesforce Inc (up +3.56%), Visa Inc (+2.53%), International Business Machines Corp (+2.51%) and Microsof...

US equity markets settled mostly firmer, paring losses in the final hour of trading as investors digested minutes from the Federal Reserve’s late-January monetary policy meeting and awaited technology titan Nvidia Corp’s fourth quarter result - Dow edged +48-points or +0.13% higher.

Morgans Senior Analyst Derek Jellinek gives his analysis of the 1H FY24 result from Sonic Healthcare (ASX:SHL). Follow our Reporting Season coverage here: https://www.morgans.com.au/reporting-season Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans. A...

US equity markets resumed trading following the Presidents’ Day holiday on the backfoot - Dow slipped -64-points or -0.17%. Caterpillar Inc fell -2.54% to be the worst performer in the 30-stock index.

Morgans Analyst Liam Schofield gives his analysis of the 1H FY24 result from Goodman Group (GMG) & Maas Group (MGH). Follow our Reporting Season coverage here: https://www.morgans.com.au/reporting-season Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/M...

Morgans Analyst Alex Lu gives his analysis of the 1H FY24 result from Reliance Worldwide (RWC) & Orora Ltd (ORA). Follow our Reporting Season coverage here: https://www.morgans.com.au/reporting-season Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morg...

The Financial Times (FT) and Bloomberg News reported Sunday (18 February) that European Commission antitrust regulators are preparing to impose an ~ €500M fine against Apple, after finding that it created an anticompetitive environment by failing to inform iPhone users that cheaper, alternative music-streaming apps were available outside its App Store. The investigation was sparked by a complaint...

Morgans Equity Strategist Andrew Tang gives an update on Reporting Season thus far saying it has been better than feared, but Small/Micro-cap cyclicals offer the most compelling risk/reward trade-off. Morgans analysts also call out small-cap results that could be “better than feared” including Helloworld (ASX:HLO), Adrad Holdings (ASX:AHL), Clinuvel (ASX:CUV) and Micro-X (ASX:MX1). Follow our Repo...