Articles by Daniel Marsh
ASX 200 Faces Subdued Open as Bank Gains Offset Mining Weakness
ASX 200 futures indicate a 0.2% decline at the open, with financials offsetting 72% of materials losses. BHP Group's production outlook and strike risks weigh on miners.
DroneShield Ends at A$2.32 as Next Reporting Period Looms
DroneShield (ASX:DRO) closed at A$2.32, down 2.1%, as trading volumes fell 58% below the 2026 daily average. The next mandatory financial report is the half-year statement, increasing the significance of the upcoming update.
NAB Gains 1.25% as Big Four Banks Face Steepest Drawdown
NAB ended Thursday up 1.25% at A$39.76, but its 19.6% drawdown from the 52-week high is the deepest among the Big Four. All eyes are on June jobs data next week.
Westpac Gains 1% on Rate Hike Optimism, But Margin Boost Seen Limited
Westpac (ASX:WBC) shares rose 1.05% over the week, but analysts caution that potential rate hikes may only partially offset recent margin compression.
Macquarie Group Ltd Nears 52-Week High Amid Deposit Strategy Shift
Macquarie Group Ltd nears a 52-week high with shares at A$256.73, as it introduces a digital term deposit product at 5.20% to attract retail funding amid margin pressure from intense competition.
CBA Shares Surge A$5.2 Billion, Widening Lead Over Banking Peers
CBA shares rose 1.84% to A$173.13, adding A$5.23 billion in market value and accounting for 68% of the Big Four's daily gains, further extending its valuation lead.
Publix Store Closures Signal Rebuild, Not Retreat, Amid Margin Squeeze
Publix closed eight stores in Q1 2026, but seven were tied to replacements. Comparable sales were flat as margins tightened, contrasting with Walmart and Kroger.
Eli Lilly Shares Gain on Atai Deal with $1 Billion Milestone Potential
Eli Lilly shares edged up 1.08% on a $3.8B deal with Atai Life Sciences, which could unlock up to $1 billion in milestone payments for psychedelic depression drugs.
Verizon's Store Sale Shifts Investor Focus to Execution
Verizon plans to sell 274 stores, reducing its owned footprint by 21.5% and impacting 3,000 positions. The move shifts investor attention to execution.


