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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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Stocks of the Hour: Norfolk Metals, Aspire Mining, Lumos Diagnostics

11 Jan 2024 - A snapshot of the stocks on the move, featuring Norfolk Metals, Aspire Mining and Lumos Diagnostics.

US market pushes higher as investors prepare for inflation data

11 Jan 2024 - US stocks traded higher Wednesday, with investors awaiting the release of fresh US inflation data and earnings tomorrow.

ASX closes 0.7% lower: Inflation data suggests RBA may maintain cash rate in Feb

10 Jan 2024 - The Australian sharemarket experienced a decline, driven by falls among mining companies despite a cooler-than-expected inflation gauge. The S&P/ASX 200 dropped 0.7% …

Afternoon update: ASX down 0.55% as inflation cools in November

10 Jan 2024 - Australian shares are down 0.55 per cent by mid afternoon following a weak Wall Street performance and lower-than-expected November inflation.

Stocks of the Hour: Gladiator Resources, Kali Metals, Emyria

10 Jan 2024 - A snapshot of the stocks on the move, featuring Gladiator Resources, Kali Metals and Emyria.

ASX down 0.16% at noon: inflation in Australia decreased to 4.3% in November

10 Jan 2024 - In November, inflation in Australia decreased to 4.3%, which was lower than the expected 4.4%, marking a crucial economic data point that will influence the Reserve B…

Tech stocks lift amidst early 2024 challenges

10 Jan 2024 - The S&P 500 trimmed an earlier decline Tuesday, boosted by tech shares, as Wall Street looked to regain its footing after a tough start to 2024.

ASX closes 0.9% higher: Tech sector surges

09 Jan 2024 - Australian shares surged on Tuesday, driven by a strong performance on Wall Street and the best monthly retail sales report in two years.

Afternoon update: ASX up 1.09% on Wall Street boost and retail sales

09 Jan 2024 - Australian shares rallied by 1.09 per cent during mid-afternoon trading, boosted by a strong performance on Wall Street and the best monthly retail sales report in th…

ASX up 1.01% at noon: Australia's retail sales rise 2% in November

09 Jan 2024 - Australian retail trade exceeded market expectations by rising 2% in November, driven by Black Friday sales, with a year-on-year increase of 2.2%.

Stocks of the Hour: Si6 Metals, Widgie Nickel, Kingsrose Mining

09 Jan 2024 - A snapshot of the stocks on the move, featuring Si6 Metals, Widgie Nickel and Kingsrose Mining.

Tech boosts broader market index

09 Jan 2024 - Overnight, the major averages rose, thanks to strong performance in the tech sector, as Wall Street aimed to bounce back from a challenging week.

ASX closes 0.5% lower following US jobs data

08 Jan 2024 - Australian shares extended their four-day losing streak as a result of US jobs data over the weekend, which reduced expectations of rate cuts.

Afternoon update: Shares slip as traders unwind January rally

08 Jan 2024 - Australian shares are sliding in the final trading hours of Monday, continuing a tough start to the year due to traders unwinding last month's market rally.

Stocks of the Hour: Chariot Corporation, Tempest Minerals, Trinex Minerals

08 Jan 2024 - A snapshot of the stocks on the move, featuring Chariot Corporation, Tempest Minerals and Trinex Minerals.

Energy stocks drive market higher: ASX up 0.18% at noon

08 Jan 2024 - Australian shares have shown a modest increase near midday, rebounding from a challenging start to the year. Traders are eagerly awaiting further information regardin…

Fortescue and Woodside hydrogen projects face uncertainty

08 Jan 2024 - In a surprising turn of events, Australian companies, Fortescue (ASX:FMG) and Woodside (ASX:WDS), find their ambitious hydrogen projects hanging in the balance follow…

Short sellers target lithium companies as battery metal prices decline

08 Jan 2024 - In the early days of this year, short sellers have turned their attention towards lithium companies, making them some of the most heavily bet-against stocks in the sh…

China rare earth bans put heat on Australia to respond

08 Jan 2024 - Western nations have found themselves in a precarious situation following China's recent bans on the exports of specific rare earth technologies, intensifying the urg…

Major US indices end 9-week win streak

08 Jan 2024 - The S&P 500 closed Friday slightly higher, but all three major indices ended a nine-week winning streak due to a better-than-expected jobs report.

Nasdaq and Tech weakness pushes market to a fifth consecutive losing session

05 Jan 2023 - The Nasdaq Composite closed lower on Thursday for a fifth consecutive losing session — its longest losing streak since October 2022. Sources: Bloomberg, FactSet, I…

Goldman Sachs' 2024 outlook

05 Jan 2024 - Goldman Sachs Asset Management has released its highly anticipated 2024 outlook report, entitled "Embracing New Realities".

The future of AI: Determining its impact on the economy

05 Jan 2024 - Recent technological advancements have fuelled speculation about AI's potential to reshape various aspects of society, including the economy.

Alternatives to lithium-ion for a sustainable future

05 Jan 2024 - The growing demand for lithium-ion batteries raises concerns about the sustainability of lithium mining, prompting researchers to explore alternative technologies.

Lithium carbonate to plunge by over 30% in China in 2024

05 Jan 2024 - Lithium carbonate prices in China, the world's largest consumer and producer of the chemical used in batteries, are poised to plummet by more than 30 per cent in 2024…