Laura Bessarati
๐ค SpeakerAppearances Over Time
Podcast Appearances
So today, there was a lot of share price action on the back of these updates.
One of them was Flight Centre.
Now, it was a fairly mixed update.
Unsurprisingly, it said it's leisure...
Business was interrupted by the Middle East conflict in April, estimating a profit hit of around $10 million that month, saying that more than 25,000 bookings were disrupted and 6% were cancelled, adding that its cruise bookings were also impacted.
Now, its corporate business, however, saw very little impact so far.
So it kept its profit guidance unchanged for the year, supported by a strong third quarter of growth.
So I think the fact that despite everything going on, it still didn't impact its overall profitability.
Shareholders were clearly impressed and surprised by that.
So its share price up by a little over 4%.
WiseTech has also jumped after presenting at the Macquarie conference after maintaining its full year guidance, but keep in mind its share price is still down over 30% in year-to-date terms.
It's been weighed down by the broader tech sell-off due to AI disruption fears and also its leadership issues at the back end of last year.
At the moment, it looks like US markets could kick off the session in positive territory, only slightly lifting by around a fifth of 1%.
Tonight, we also get updates on US services, job openings and new home sales.
Of course, we will be watching any new developments between the US and Iran.
And then tomorrow, Rio Tinto hosts its AGM and a few more quarterlies tomorrow as well.
a listener production.
The ASX finally snaps its longest losing streak since 2018.
And what should investors be on the lookout for next week?
Good afternoon.