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Laura Bessarati

๐Ÿ‘ค Speaker
1053 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

So it downgraded earnings expectations for the year, saying they no longer expect growth at the top end of its guidance range.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Apart from that, its food sales did lift by nearly 6% over the quarter and sales have been strong today.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

in the 13 weeks through to early April.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

But still, you know, them flagging the impacts of the Middle East has sent its share price plunging today.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Coles, its rival, is also down around 3.6% today, probably because, you know, they're set to report results tomorrow.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

And I guess investors are just bracing for potentially a similar outcome.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Shares of mining giant South32 have also had a rough day, plunging 5.5%.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

This is after the company warned of a blowout at its flagship zinc, lead and silver project in the United States.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Now, CapEx has increased by US$1.1 billion to US$3.3 billion, which is almost double the CapEx when the project was initially approved.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

It blamed factors such as higher tariffs, inflation and higher input costs.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

All right, looking ahead tomorrow morning, we get results out from Apple.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

That's the last of the magnificent seven for now.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

We have Nvidia about a month later.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

They're always late to the party.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

We have US inflation data out tonight as well.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

This is the Fed's preferred measure, the PCE deflator.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

We have some other interest rate decisions tonight, including the

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

ECB and the Bank of England or the European Central Bank, I should say, for those that aren't across that.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

And then tomorrow, some results.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

We have ANZ's half-year results, but also some more quarterly results out as well from the likes of Liontown and ResMed.