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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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US stocks tick higher as CPI grows in line with expectations

13 Dec 2023 - Stocks were higher on Tuesday as Wall Street parsed through another round of inflation data in search for clues on when the Federal Reserve could start easing monetar…

ASX closes 0.5% higher as interest rate sensitive stocks lift

12 Dec 2023 - The Australian sharemarket gained 0.5% as interest rate sensitive stocks rose ahead of the release of US inflation data.

ASX up 0.36% at noon: RBA governor denies Australia's inflation lag

12 Dec 2023 - Reserve Bank governor Michele Bullock dismissed the notion that Australia lags behind in addressing inflation concerns, emphasising their efforts to slow the economy …

Australia's uranium dilemma

12 Dec 2023 - Australia, home to the world's largest uranium resource, finds itself at a crossroads as it grapples with the question of whether to be a lifter or a leaner in the gl…

Study shows weight regain after stopping Eli Lilly's Zepbound

12 Dec 2023 - In a significant development, new data indicates that patients who underwent treatment with Eli Lilly's groundbreaking weight loss drug, Zepbound, faced weight regain…

S&P500 climbs as investors await key inflation data

12 Dec 2023 - The S&P 500 climbed on Monday as investors tried to continue Wall Street’s year-end momentum.

ASX closes near flat line as metals and oil stocks fluctuated

11 Dec 2023 - The Australian sharemarket saw minimal gains as metals and oil stocks fluctuated throughout the day, with the S&P/ASX 200 closing just 4.1 points higher at 7199. Mini…

Looking into the Woodside and Santos merger

11 Dec 2023 - Woodside Energy (ASX:WDS) and Santos (ASX:STO) have officially confirmed media reports that both companies are engaged in preliminary discussions regarding a possible…

ASX up 0.23% at noon as M&A activity takes flight

11 Dec 2023 - Australia's stock market saw an increase in midday trading driven by several merger and acquisition deals and a rise in energy sector stocks.

Friday sees S&P500 achieve new high for 2023

11 Dec 2023 - The S&P 500 rose on Friday to hit a new high for the year after the November jobs report and University of Michigan consumer survey data signalled a resilient economy…

ASX down 0.23% at noon: Santos trading 6.4% higher

08 Dec 2023 - Utilities weighed down the sharemarket, countering a strong Wall Street session driven by a tech rally shortly after Friday's trading began. Among the benchmark's 11 …

Weekly market wrap: December 4th to December 7th

08 Dec 2023 - In a week filled with notable developments and market fluctuations, the Australian Securities Exchange (ASX) and global financial markets experienced significant shif…

S&P 500 rises as investors anticipate US jobs report, Santos-Woodside merger update

08 Dec 2023 - The S&P 500 closed higher Thursday, attempting to snap a three-day losing streak as traders looked ahead to Friday’s all-important jobs report.

Electric vehicle bubble deflates as valuations plunge - what's next for the EV industry?

08 Dec 2023 - The electric vehicle (EV) industry, once riding high on optimism and sky-high valuations, has hit a roadblock as investors and car manufacturers reevaluate their stra…

ASX closes 0.07% lower as US oil prices fall below $70

07 Dec 2023 - The ASX experienced a relatively calm trading session, with the exception of a sharp decline in energy stocks following a significant drop in oil prices, including a …

ASX down 0.18% as oil prices fall

07 Dec 2023 - Energy stocks on the ASX are down over 2% as a result of a 4.1% drop in US oil prices, which fell below $70 per barrel, despite a 4.63 million barrel decrease in US c…

US stocks choppy as data shows drop in labour costs

07 Dec 2023 - US stocks wavered on Wednesday as investors assessed data indicating falling inflation, while the jobs report loomed.

ASX closes 1.7% higher in its largest one-day rally in over a year

06 Dec 2023 - On Wednesday, the Australian sharemarket experienced its largest one-day rally in over a year, with the benchmark S&P/ASX 200 index surging 1.7% to 7178.4 points, dri…

ASX up 0.84% at midday as GDP grows 0.2%

06 Dec 2023 - Australia's GDP growth in the third quarter was 0.2%, falling short of the market consensus of 0.4%, with a year-on-year expansion of 2.1%, in line with the previous …

Stocks of the Hour: Latin Resources, Lanthanein Resources, Noble Helium

06 Dec 2023 - A snapshot of the stocks on the move, featuring Latin Resources (ASX:LRS), Lanthanein Resources (ASX:LNR) and Noble Helium (ASX:NHE).

Wall Street's recent rally fades

06 Dec 2023 - The Dow Jones Industrial Average and the S&P 500 slid on Tuesday as a recent rally on Wall Street lost steam.

ASX experience their most significant single-day drop in over a month to close 0.89% lower

05 Dec 2023 - Australian shares experienced their most significant single-day drop in over a month on Tuesday, reflecting a change in trader sentiment after a robust November rally…

RBA leaves cash rate at 4.35%

05 Dec 2023 - The Reserve Bank of Australia has announced its decision to keep the cash rate unchanged at 4.35 per cent in its final policy meeting for the year.

ASX down 0.89% at noon ahead of RBA decision

05 Dec 2023 - Australian shares are declining at midday, with mining and tech stocks leading the downturn, ahead of the Reserve Bank of Australia's final rate decision for the year…

Nasdaq sees megacap and AI stocks decline

05 Dec 2023 - Stocks slipped on Monday as investors questioned whether the market was getting ahead of itself following five straight winning weeks.