February 2024

The following transcript was AI-generated. Manny Anton: Good morning and welcome to this week’s edition of Winston’s Weekly: Covering All Things Property. I’m Manny Anton, your host for today’s Property Chat. Winston, welcome back. Winston Sammut: Thank you. Just before we start, I just want to make a statement about my shirts. I have sort of classified […]

The S&P 500 surged to new highs on Thursday after chip giant Nvidia reported much stronger-than-expected quarterly results, lifting the broader market and tech sector. The S&P 500 gained 2.11 per cent to close at 5,087.03, notching its best day since January 2023. The Nasdaq Composite advanced 2.96 per cent for its best day since

Sequoia Financial Group Limited (ASX:SEQ) CEO and Managing Director Garry Crole discusses the group’s first half FY24 financial results. Topics covered include:Financial highlightsContinuous capital managementOperational highlightsThe pathway to FY24 normalised EBITDAMany business units, one companyDivisional breakdown – Licensee ServicesDivisional breakdown – Professional ServicesDivisional breakdown – Equity MarketsDivisional breakdown – Direct InvestmentEarnings guidanceKey pillars of improved

Fortescue Group (ASX:FMG) has joined the December half-year iron ore bonanza, which Rio Tinto, BHP, Mount Gibson, and Mineral Resources have already shared in. The world’s fourth iron ore exporter (after Rio, BHP, and Vale of Brazil, which reports tonight) revealed net profit rose 41% to $US3.3 billion ($5 billion) for the six months ended

As expected, the double-play squeeze on nickel and lithium in the December half took a toll on IGO’s (ASX:IGO) interim result. The operator of Australia’s oldest lithium mine, Greenbushes, in southwestern WA, saw a 53% fall in net profit to $288.3 million for the six months to December 31. That was before the company took

Despite a 71% slump in its cash margin in the six months to December, Pilbara Minerals (ASX:PLS) maintained a hold on its cash reserves, which ended the half at just over $2.144 billion, down just 4% from a year earlier when $2.22 billion was on hand. The cash pile, built in 2022-23, has enabled the

To register for Friday’s webinar click here. 88 Energy (ASX:88E, AIM:88E, OTC:EEENF) announced the successful WI Transfer by Monitor Exploration Limited to 88 Energy in relation to Petroleum Exploration Licence 93, located in the Owambo Basin, Republic of Namibia following receipt of the approval of the Ministry of Mines and Energy. The stage 1 consideration

Nvidia’s shares surged by 8.7% after hours on Wall Street as the company exceeded sell-side analysts’ expectations, with its AI sector performance bolstering investor confidence. Meanwhile, the recent release of US Federal Reserve meeting minutes reaffirmed policymakers’ caution towards interest rate reductions. At 11:30am, the S&P/ASX 200 is 0.18 per cent lower at 7,594.50. Best

Shares in Nvidia surged nearly 8% in the minutes after the AI chip giant released better-than-expected fourth-quarter figures and forecasted a stronger-than-expected March quarter. The post-close surge came after the shares lost 2.8% in normal trading ahead of the release of the results on fears that the company’s performance would not match the hype. The

In a testament to the buoyancy of the gold market, Northern Star Resources (ASX:NST) has announced record earnings and dividends for the six-month period ending in December. The company’s robust performance comes on the heels of a surge in gold prices, which soared to over $2,000 per ounce in the final weeks of 2023 and