Articles by Daniel Marsh
NAB Shares Dip as RBA Minutes Cloud Rate Outlook; Q1 Update Awaited
NAB shares declined 0.44% to A$45.34 as the RBA minutes provided no clear direction on interest rates. The market's focus now shifts to the bank's first-quarter trading update scheduled for Wednesday.
ANZ Shares Dip on RBA Rate Hike Signals; Focus Shifts to Data
ANZ Group Holdings underperformed the broader market, closing 0.7% lower at A$39.36 after the RBA signaled further monetary tightening remains possible. The bank's strong quarterly profit was overshadowed by valuation concerns.
Golar LNG's High Valuation Faces Growth Test Amid $17B Backlog
Golar LNG's contracted backlog supports projected fourfold EBITDA growth by 2028, yet its premium valuation at 74.4x P/E presents significant risk if LNG demand falters.
Uber Eyes $1B European Expansion, Shares Await Post-Holiday Reaction
Uber shares closed lower Friday as the company announced a major European expansion for Uber Eats, targeting $1 billion in gross bookings over three years. Investors await Tuesday's market reopening for reaction.
AbbVie's $1.73 Dividend Payout Arrives Amid Regulatory and Market Headwinds
AbbVie shares gained 1.8% to close at $231.50 Friday ahead of a $1.73 per share dividend payment on Tuesday. The company faces regulatory challenges and competitive pressures despite solid quarterly revenue.
Linde Shares Hold Gains Ahead of Investor Conferences
Linde shares gained 1.7% to close at $481.00 on Friday, approaching recent highs. Management will present at investor conferences starting Tuesday after the Presidents Day market holiday.
Caterpillar Nears 52-Week Peak Ahead of Key Events in Shortened Week
Caterpillar shares finished Friday's session at $774.20, up 2.1%, hovering close to a 52-week high. Markets are closed Monday for Presidents Day, with trading resuming Tuesday.
AI Chip Stocks Pause for Holiday, Nvidia Earnings Loom
Trading in artificial intelligence equities is on hold for the Presidents Day holiday, following a mixed session that saw Applied Materials surge on a strong forecast while Nvidia declined. Investor attention now turns to Nvidia's upcoming quarterly results and U.S. GDP data.
