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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…

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…

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.

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.