Woodside Energy Gains Slightly Amid Oil Retreat; Focus Shifts to Upcoming Annual Results
Earnings James Calloway

Woodside Energy Gains Slightly Amid Oil Retreat; Focus Shifts to Upcoming Annual Results

Woodside Energy shares closed marginally higher despite a dip in crude prices, as investors await the company's full-year financial results and briefing scheduled for February 24.

USO XLE
Fortescue Retreats as Iron Ore Hovers Near $100, Investors Eye Earnings
Commodities Rebecca Torres

Fortescue Retreats as Iron Ore Hovers Near $100, Investors Eye Earnings

Fortescue shares declined 0.96% to A$21.57, giving back some of Monday's gains. Iron ore futures were mixed amid reopened Australian ports and persistent China demand concerns.

FSUGY
NAB Shares Steady Ahead of Quarterly Update Amid Shifting Rate Expectations
Markets Daniel Marsh

NAB Shares Steady Ahead of Quarterly Update Amid Shifting Rate Expectations

National Australia Bank shares closed flat at A$43.98 in a volatile session as investors await next week's trading update. The bank will raise variable home loan rates following the RBA's latest hike.

EWA
CSL CEO Steps Down Ahead of Earnings, Interim Leader Named as Shares Slide
Markets Daniel Marsh

CSL CEO Steps Down Ahead of Earnings, Interim Leader Named as Shares Slide

CSL announced CEO Paul McKenzie's retirement, with Gordon Naylor appointed interim chief effective February 11. The leadership change comes one day before the company's half-year results.

CSL
ANZ Shares Drop Ahead of Key Earnings, Focus on Margins and Credit
Earnings James Calloway

ANZ Shares Drop Ahead of Key Earnings, Focus on Margins and Credit

ANZ shares fell 2.4% to A$36.71 as investors await the bank's first-quarter update Thursday and Commonwealth Bank's results Wednesday. Traders are scrutinizing net interest margins and potential credit stress.

ANZBY
BHP Gains on ASX as Copper Expansion and Port Reopening Draw Investor Attention Ahead of Earnings
Markets Daniel Marsh

BHP Gains on ASX as Copper Expansion and Port Reopening Draw Investor Attention Ahead of Earnings

BHP shares advanced 1.1% to A$50.26, with focus on its copper investment plans and the reopening of key iron ore ports. The miner reports half-year results on February 17.

BHP RIO
Macquarie Shares Gain After Solid Q3 Performance, Tax Outlook in Focus
Earnings James Calloway

Macquarie Shares Gain After Solid Q3 Performance, Tax Outlook in Focus

Macquarie Group shares closed higher following a third-quarter update showing profit growth across divisions, with investors eyeing a flagged higher tax rate for 2026.

PLS Secures Major Lithium Supply Pact with Canmax, Including $100M Prepayment and Price Floor
Commodities Rebecca Torres

PLS Secures Major Lithium Supply Pact with Canmax, Including $100M Prepayment and Price Floor

PLS Group shares gained after announcing a two-year spodumene supply agreement with Canmax Technologies, featuring a US$1,000 per tonne price floor and a US$100 million prepayment. The deal covers 150,000 tonnes annually from 2026.

GLD
CBA Shares Dip Ahead of Key Earnings Report, Margins Under Scrutiny
Earnings James Calloway

CBA Shares Dip Ahead of Key Earnings Report, Margins Under Scrutiny

Commonwealth Bank of Australia shares fell 0.7% as investors awaited half-year results, with attention on net interest margins and the interim dividend schedule.

CBAUF
CSL Announces CEO Transition Ahead of Key Earnings Report
Earnings James Calloway

CSL Announces CEO Transition Ahead of Key Earnings Report

CSL shares gained 1.7% as CEO Paul McKenzie announced his retirement, with Gordon Naylor appointed interim chief. Investors await half-year results and a briefing on leadership succession.

CSL
Westpac Shares Slide on CIO Retirement Announcement Ahead of Key Banking Results
Markets Daniel Marsh

Westpac Shares Slide on CIO Retirement Announcement Ahead of Key Banking Results

Westpac shares declined 1.8% following news that Chief Information Officer Scott Collary will retire this year. The broader banking sector softened ahead of Commonwealth Bank's earnings report, while consumer sentiment hit a 10-month low.

CBAUF
AI Energy Startup Tem Secures $75M, Hasbro Rally Analyzed, Micro-Cap Plummets
Markets Daniel Marsh

AI Energy Startup Tem Secures $75M, Hasbro Rally Analyzed, Micro-Cap Plummets

London's Tem raises $75M in Series B funding to expand its AI-driven electricity platform. Hasbro stock shows a 69% rally but DCF suggests undervaluation, while Finaxo Environnement drops sharply in thin trading.

HAS