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CBA (ASX:CBA) share price in focus on $2.5 billion FY24 Q1 profit
The Commonwealth Bank of Australia (ASX:CBA) share price is under the spotlight after it reported its FY24 first quarter update.
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The Commonwealth Bank of Australia (ASX:CBA) share price is under the spotlight after it reported its FY24 first quarter update.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.40% to 6,948.80.
According to CNBC, the ‘Magnificent 7’ as they are now known (replacing previous nicknames such as FAANG and FANGMA) have returned 92% on average through October 5, 2023. With the third quarter earnings season unfolding, investor expectations are high and the results will need to be strong to sustain such a rally.
The US Bureau of Labor Statistics (BLS) added up new jobs created in holiday season retail sectors, like electronics, clothing and general merchandise stores, and its showing retailers expect a weaker holiday season.
As feared, it was a return to more hawkish commentary from US Fed chair Powell that was the main event – in particular, he indicated he was “not confident” the Fed had yet done enough to ensure inflation will fall back to its 2% target level.
The ANZ Group Holdings Ltd (ASX:ANZ) share price is in focus as investors scrutinise the FY23 result. There was a huge dividend declared.
The Pilbara Minerals Ltd (ASX:PLS) share price has fallen 3% since the start of the 2023. It’s probably worth asking, ‘is the PLS share price in the money?’
In this 2 Sense episode of The Australian Investors Podcast, Rask’s Chief Investment Officer Owen Rask and Wattle Partners Managing Director Drew Meredith, CFP answer your questions and get to the bottom this week’s Reserve Bank of Australia interest rate rise.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.55% to 6976.50.
The Commonwealth Bank of Australia (ASX:CBA) share price is under the spotlight after it reported its FY24 first quarter update.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.40% to 6,948.80.
According to CNBC, the ‘Magnificent 7’ as they are now known (replacing previous nicknames such as FAANG and FANGMA) have returned 92% on average through October 5, 2023. With the third quarter earnings season unfolding, investor expectations are high and the results will need to be strong to sustain such a rally.
The US Bureau of Labor Statistics (BLS) added up new jobs created in holiday season retail sectors, like electronics, clothing and general merchandise stores, and its showing retailers expect a weaker holiday season.
As feared, it was a return to more hawkish commentary from US Fed chair Powell that was the main event – in particular, he indicated he was “not confident” the Fed had yet done enough to ensure inflation will fall back to its 2% target level.
The ANZ Group Holdings Ltd (ASX:ANZ) share price is in focus as investors scrutinise the FY23 result. There was a huge dividend declared.
The Pilbara Minerals Ltd (ASX:PLS) share price has fallen 3% since the start of the 2023. It’s probably worth asking, ‘is the PLS share price in the money?’
In this 2 Sense episode of The Australian Investors Podcast, Rask’s Chief Investment Officer Owen Rask and Wattle Partners Managing Director Drew Meredith, CFP answer your questions and get to the bottom this week’s Reserve Bank of Australia interest rate rise.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.55% to 6976.50.
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