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News by Peter Milios

Peter Milios

Peter Milios is a recent graduate from the University of Technology - majoring in Finance and Accounting. Peter is currently working under equity research analyst Di Brookman for Corporate Connect Research.

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More corporate earnings released, copper surges on Chinese optimism

02 Aug 2023 - The S&P 500 fell to start August, as investors navigated a raft of corporate earnings reports and assessed a fresh batch of economic data.

ASX closes 0.54% higher as RBA leaves cash rate unchanged

1 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.54 per cent higher at 7,450.70 after the Reserve Bank’s left the cash rate on hold.

Afternoon update: ASX up 0.36% with IT leading the way

01 Aug 2023 - The S&P/ASX 200 is performing well today, up by 0.36 per cent so far. The SPI futures are also looking positive, up by 35 points.

ASX up 0.26% at noon as investors await RBA decision

1 Aug 2023 - According to a recent ANZ-Roy Morgan survey, consumer confidence experienced a notable boost of 3.2 percentage points last week, reaching its highest level since late …

Rio Tinto teams up with Codelco

1 Aug 2023 - Rio Tinto (ASX:RIO) is partnering with Chile’s state-owned copper giant Codelco to conduct exploration activities in the Agua de la Falda mineral deposit, located in t…

Oil records highest monthly surge in over a year

1 Aug 2023 - Oil prices experienced their most substantial monthly surge in more than a year, fuelled by signs of a tightening market and record-high crude demand.

Bond traders speculate on rate hike

1 Aug 2023 - Bond traders displayed increased confidence on Monday, suggesting that the Reserve Bank of Australia might be approaching the end of its aggressive cycle of interest r…

L Catterton plans $11 billion IPO for Birkenstock

1 Aug 2023 - L Catterton, the private equity firm backed by luxury French fashion house LVMH, is gearing up to launch an initial public offering of Birkenstock as early as Septembe…

Apple, Amazon, and Starbucks to give insights into consumer spending

1 Aug 2023 - This week, several major companies, including tech giants Apple and Amazon, along with coffee giant Starbucks, are set to report their earnings, providing insights int…

US major averages rise after wrapping up winning month

01 Aug 2023 - Stocks rose modestly Monday as Wall Street kicked off a busy earnings week and wrapped up a winning month.

ASX closes 0.09% higher: Energy stocks outperform

31 Jul 2023 - At the closing bell, the S&P/ASX 200 was 0.09 per cent higher at 7,410.40.

Lake Resources notes 37% increase in measured resource

31 Jul 2023 - In its quarterly activities report, Lake Resources (ASX:LKE) noted a 37% increase in the measured, higher-grade resource at Kachi, supporting over 25 years of supply …

NOVONIX highlights partnership with LG Energy

31 Jul 2023 - Achievements highlighted in NOVONIX's Quarterly Activities Report include a research and development agreement with LG Energy and progress towards DOE funding.

Immutep makes headway in late-stage trials

31 Jul 2023 - Immunotherapy company Immutep has released its Quarterly Activities report, which highlights significant progress in late-stage and registrational trials.

ASX up 0.13% at noon as investors await Tuesday's RBA decision

31 Jul 2023 - At midday, Australia's share market has returned to a flat position after experiencing an early rise. Investors seem cautious as they await the RBA interest rate deci…

US energy firms cut oil rigs for eighth month while adding new natural gas rigs

31 Jul 2023 - July saw US energy firms again cut the number of active oil rigs in use for an eighth straight month while they added new natural gas rigs for the first time in three…

Dow Jones & S&P 500 secure third consecutive week of gains

31 Jul 2023 - Stocks rose Friday with the Dow Jones Industrial Average and S&P 500 closing out their third winning weeks in a row as a measure of inflation closely watched by the F…

Russia's grain deal withdrawal strains relations with China and Turkey

31 Jul 2023 - Russia's decision to withdraw from a deal allowing Ukrainian grain to be exported globally is a high-stakes gamble by President Vladimir Putin that risks straining di…

Qantas responds to Sydney Airport's "slot hoarding" accusations

31 Jul 2023 - Qantas has fired back at Sydney Airport's claims of "slot hoarding," stating that the airport is primarily interested in increasing its own revenue.

ASX down 0.8% at noon as Australian retail sales fall

28 Jul 2023 - Australian retail sales experienced a 0.8% decline last month, as reported by the Australian Bureau of Statistics. This result came as a surprise to markets, which ha…

Japan and South Korea decline offer to join $44 billion LNG project

28 Jul 2023 - Japan and South Korea have rejected US overtures to join the proposed $44 billion Alaska natural-gas project, which could be one of the most significant energy invest…

Liontown on track for first production for Kathleen Valley lithium project

28 Jul 2023 - Liontown Resources' (ASX:LTR) Kathleen Valley Lithium Project is well on track for its first production by mid-2024, as the company achieved significant milestones du…

The Dow finally snaps historic 13-day rally

28 Jul 2023 - The Dow Jones Industrial Average finally ran out of steam Thursday as investors cashed in following a historic streak of 13 straight gains.

ASX closes 0.73% higher to hit a five-month high

27 Jul 2023 - On Thursday, the Australian sharemarket reached a five-month high, driven by a strong performance in real estate and technology stocks.

Gold 50 discovers significant gallium mineralisation at Golconda Project

27 Jul 2023 - Gold 50 (ASX:G50) has reported a notable discovery of gallium mineralisation during its maiden drilling program at the Golconda Project in Arizona.