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Laura Bessarati

๐Ÿ‘ค Speaker
1004 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

And on the other end, the best performer of the day has been Liontown.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

This is the lithium miner.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

It's surging by 12%.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Uh,

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

also climbing to its highest level since October 2023.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

And this follows its solid March quarter update yesterday with the company posting record net cash flow and also said its flagship mine reached target production rates earlier than expected.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

So that's always good news when they are kicking goals earlier than expected.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Today, we also had Harvey Norman paying out its dividends.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

So if you were one of those lucky eligible shareholders, you might have received a payment today.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Now looking ahead to tonight, US futures are pointing to a very small improvement when the market does open up.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Of course, as I mentioned, it did hit a record high last night, but still looking like it might push a little bit higher tonight.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Plenty of time for

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Things to change between now and then.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

We do get more company earnings out of the United States tonight, not the big names like we have been seeing.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Of course, we had four of the magnificent seven out with earnings results.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

I will quickly touch on Apple's results because their shares are up 2% in after hours trade.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

And that was after providing a strong forecast for the quarter ahead.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

It also topped earnings and revenue estimates, helped by strong demand for its iPhones and also Mac computers.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

So that's the last of the Magnificent Seven to post earnings results until NVIDIA.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

So they'll be the last one out.