Finance News Network

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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Stocks of the Hour: dorsaVi, Celsius Resources, Metarock Group

18 Mar 2024 - A snapshot of the stocks on the move, featuring dorsaVi (ASX:DVL), Celsius Resources (ASX:CLA) and Metarock Group (ASX:MYE).

S&P 500 slips amid inflation worries

18 Mar 2024 - The S&P 500 fell on Friday and notched its second-straight weekly loss, with technology stocks under pressure as inflation concerns remain front and centre ahead of t…

ASX down 1.58%: US PPI comes in hotter than expected

15 Mar 2024 - Australian shares declined by 1.1% early in the trading session, mirroring losses in New York, as concerns over US inflation data suggested a cautious approach by the…

Dow ends 3-day slump as PPI surpasses expectations

15 Mar 2024 - The Dow Jones Industrial Average fell Thursday and snapped a 3-day win streak after the release of hotter-than-expected U.S. inflation data sent Treasury yields highe…

ASX closes 0.2% lower: Financials is worst perfomer

14 Mar 2024 - On Thursday, the Australian sharemarket slightly declined by 0.2 percent, driven primarily by a downturn in the financial sector, particularly among the major banks, …

ASX down 0.13% near noon: Financials is worst performing sector

14 Mar 2024 - Australian shares opened lower with a 0.2% decline in the S&P/ASX 200, attributed to a 1.1% drop in financials, driven by downgrades from Macquarie on the big four ba…

Cynata Therapeutics' breakthrough in regenerative medicine

14 Mar 2024 - Delve into the cutting-edge realm of regenerative medicine with Kilian Kelly, CEO of Cynata Therapeutics. Learn how their stem cell innovations are shaping the future…

S&P 500 retreats as Nvidia's momentum slows

14 Mar 2024 - On Wednesday, the S&P 500 pulled back from a record reached in the previous session, as Nvidia cooled off from its red-hot rally.

Oil prices surge on Russian refinery attack

14 Mar 2024 - Oil prices experienced a notable surge in response to two significant developments: a decline in US crude stockpiles and a drone attack on a major Russian refinery.

ASX closes 0.2% lower: investors monitor US inflation

13 Mar 2024 - Shares rose by 0.2 percent as investors monitored US inflation, interpreting it as not hindering the Federal Reserve's potential interest rate cut by mid-2024.

Bryan Sheffield increases stake in Empire Energy

13 Mar 2024 - Oil and gas tycoon Bryan Sheffield has significantly expanded his investment in the Australian gas sector, elevating his stake in the emerging gas player Empire Energ…

ASX up 0.12% near noon: Best performer is Consumer Discretionary

13 Mar 2024 - The S&P/ASX 200 opened with a 0.2% increase, driven by gains in retail and healthcare sectors despite declines in energy and resources.

US markets resume rally following inflation data

13 Mar 2024 - Stocks jumped Tuesday after fresh U.S. inflation data was about in line with expectations, clearing the way for investors to resume buying high-flying tech names such…

Significant short squeeze activity in February

12 Feb 2024 - Recent data analysis from the Australian Securities and Investments Commission (ASIC) sheds light on significant short squeeze activity that unfolded on the ASX in la…

ASX up 0.17% near noon: Concerns rise over fall in iron ore prices

12 Mar 2024 - Australian shares started trading slightly higher on Tuesday, driven by gains in banking stocks following modest movements in New York, with investors eyeing the US F…

Stocks of the Hour: Resource Mining Corporation, Castle Minerals, Aurum Resources

12 Mar 2024 - A snapshot of the stocks on the move, featuring Resource Mining Corporation (ASX:RMI), Castle Minerals (ASX:CDT) and Aurum Resources (ASX:AUE).

S&P 500 slips ahead of key inflation data due tomorrow

12 Mar 2024 - The S&P 500 wavered on Monday as the rally that brought the major averages to record highs cooled off. Investors also looked ahead to fresh U.S. inflation data.

ASX tumbles 1.8%: Iron ore prices fall

11 Mar 2024 - The Australian sharemarket experienced its most significant sell-off in over a year, with the S&P/ASX 200 Index tumbling 1.8% from a record high, led by declines in t…

ASX down 1.3% near noon: Energy down 1.82%

11 Mar 2024 - The Australian sharemarket experienced a decline at the opening, influenced by a pause in the bull market on Wall Street the previous Friday. Particularly, the materi…

Markets finish the week lower as the Nvidia rally loses momentum

11 Mar 2024 - Stocks retreated on Friday, closing out a turbulent week as Nvidia’s incredible run took a breather.

ASX up 0.74% near noon: Financials is best perfomer

08 Mar 2024 - The S&P/ASX 200 reached a record high of 7802 points fueled by a surge in stocks related to artificial intelligence, echoing the trend that propelled the S&P 500 and …

S&P 500 and Nasdaq hit record highs on tech gains and inflation optimism

08 Mar 2024 - Stocks rose Thursday, pushing the S&P 500 and Nasdaq Composite back to record highs, as hope over easing inflation and gains in tech aided Wall Street’s midweek bounc…

ASX adds 0.4%: Industrials is best performer

07 Mar 2024 - On Thursday, Commonwealth Bank shares surged to a record high of $119.37, alongside National Australia Bank and Westpac reaching notable highs, propelling the S&P/ASX…

ASX up 0.26% near noon: Fed Chair Jerome Powell's indication of an expected pivot to rate cuts

07 Mar 2024 - Australian shares rose by 0.2% in early trading, buoyed by the tech sector's gains following a positive trend on Wall Street, sparked by US Fed Chair Jerome Powell's …

S&P 500 gains following Powell's comments

07 Mar 2024 - The S&P 500 rose Wednesday as investors attempted to turn a corner following back-to-back losing sessions on Wall Street.