Morning Notes

30/10/2024 - Morning Note

October 30, 2024

Key News Overnight: The Nasdaq scored a record closing high and the S&P 500 rose on Tuesday, while the Dow fell as investors digested a host of corporate earnings and awaited Google-parent Alphabet's (GOOGL.O), opens new tab results that came after the market close. In this issue: Capricorn Metals (CMM) | $200m capital raising...

29/10/2024 - Morning Note

October 29, 2024

Key News Overnight: Wall Street closed higher on Monday ahead of a packed week of earnings from megacap companies and the final stretch before the Nov. 5 presidential election, while sentiment improved after energy supplies were not disrupted by weekend developments in the Middle East In this issue: IGO Limited (IGO) |...

28/10/2024 - Morning Note

October 27, 2024

Key News Overnight: The rally in U.S. stocks is wobbling as it confronts a stretch of potentially market-shaking events, starting next week with corporate results from tech titans and the closely watched employment report, while the U.S. election is also nearing. In this issue: IGO Limited (IGO) | First Take - 1QFY25...

25/10/2024 - Morning Note

October 25, 2024

Key News Overnight: The Nasdaq and the S&P 500 gained on Thursday, driven by Tesla's positive earnings forecast and a decline in Treasury yields from a three-month high, which buoyed market sentiment despite declines from some corporate results. In this issue: Northern Star Resources (NST) | Solid start to the year and guidance...

24/10/2024 - Morning Note

October 23, 2024

Key News Overnight: Wall Street closed lower on Wednesday, as climbing Treasury yields pressured megacap stocks and investors grew less confident about strong rate cuts from the Federal Reserve, while corporate news pressured McDonald's and Coca-Cola. In this issue: Perseus Mining (PRU) | 1QFY25 result | BUY | Analyst | Patrick Streater West African...

23/10/2024 - Morning Note

October 23, 2024

Key News Overnight: U.S. stocks ended little changed on Tuesday, but the Nasdaq eked out a modest gain while investors kept an eye on Treasuries yields and awaited more earnings to assess the health of American companies. In this issue: Vault Minerals (VAU) | Pushing King of the Hills to 6.0mtpa | BUY...

22/10/2024 - Morning Note

October 21, 2024

Key News Overnight: The Dow Jones Industrial Average and S&P 500 closed lower on Monday, retreating from Friday's record high closes and six straight weekly gains as Treasury yields rose and investors wary of high valuations awaited earnings from major companies. In this issue: Bellevue Gold (BGL) | Solid cash result despite...

21/10/2024 - Morning Note

October 20, 2024

Key News Overnight: The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday, with the Nasdaq also in positive territory, as markets were boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks. In this issue: Civmec (CVL) | Key strategic locations -...

18/10/2024 - Morning Note

October 17, 2024

Key News Overnight: The Dow Jones Industrial Average advanced on Thursday to its fourth record close in the last five sessions, as stronger-than-expected monthly retail sales indicated a robust U.S. consumer and TSMC's upbeat forecast buoyed chipmakers' stocks. In this issue: De Grey Mining (DEG) | 1QFY25 update | BUY | Analyst | Patrick...