RBA circus
Here’s the market update for both the US and Australian share markets by David Bassanese of Betashares. Both the S&P 500 (INDEXSP: .INX) and the S&P/ASX 200 (INDEXASX: XJO) are on a new record high.
Walt Disney Co (NYSE: DIS) is an entertainment empire, often known for its film studio division which includes Disney, Pixar, Marvel and Lucasfilm. However, its footprint goes far beyond just film, with a strong presence in TV through brands like ESPN, National Geographic, the Fox network and ABC. Then, of course, there’s also the Disneyland theme parks and resorts, as well as the Hulu streaming service.
Here’s the market update for both the US and Australian share markets by David Bassanese of Betashares. Both the S&P 500 (INDEXSP: .INX) and the S&P/ASX 200 (INDEXASX: XJO) are on a new record high.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.45% to 7,504.10.
Another 4% fall in the price of iron ore was almost enough to drive the S&P/ASX200 (INDEXASX: XJO) lower, with the materials sector falling 0.7% to open the week.
Revenue for the second quarter came in at US$13.5 billion, nearly US$2 billion above the analyst consensus estimate (which un-coincidentally was almost exactly in-line with the guidance of US$11 billion provided last quarter) and a staggering 101.5% above the prior year’s results.
The S&P/ASX 200 (INDEXASX: XJO) ended mostly flat on Friday. Here’s some of the key points you missed from ASX 200 trading this week.
In this episode, Owen & Drew answer questions on Iress Ltd (ASX: IRE), insurance inside Super, The Walt Disney Company (NYSE: DIS), VanEck MSCI Quality ETF (ASX: QUAL) and more!
Get Owen Rask’s Xero Limited (ASX:XRO) share price valuation as Owen & Drew tackle results from Xero, why Drew invested “10%” of his Super in the Global X FANG+ ETF (ASX: FAN& more.
LIVE ASX reporting season coverage is on The Australian Investors Podcast. Today Owen Rask & Drew Meredith cover Commonwealth Bank of Australia (ASX:CBA), AMP Limited (ASX:AMP), ResMed Inc (ASX:RMD) and more.
US stock markets were mixed overnight as the Dow Jones delivered its sixth straight day of losses. Coinbase (NASDAQ:COIN) is making headlines.
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