The ASX200 is set to rise with futures up 0.17 per cent near 8:30 am AEDT.
Another record earnings season night for the S&P500 driven entirely on the same Magnificent 7 dynamics we saw all last year – so long as that can last, nobody is asking too many questions.
The SP500 ended up 0.29 per cent; the NASDAQ up 0.43 per cent. The Dow and Russell finished red, however.
Arms giant Raytheon posted its US results overnight – sales are up to nearly US$20 billion; those sales grew 10 per cent in 2023 vs. 2022, and, the company has a US$200 billion works backlog.
Here’s what stocks are catching eyes this morning:
Pilbara Minerals (ASX:PLS) has issued its December quarterly.
PLS inked sales of 159kt in the quarter, up nine per cent on Q3.
Cash balance declined from $3.04 billion to $2.14 billion.
Shares last traded at $3.27.
Also in materials, Nickelsearch (ASX:NIS) has word on new lithium targets.
Those targets were generated “west of the quarry” at Ravensthorpe.
A drill program is now in preparation.
Shares last traded at 4.1 cents.
Virdis Mining and Minerals (ASX:VMM) has issued a notice of a project expansion.
The project in question is the Colossus REE project.
Two binding agreements to step up acreage in the Brazilian project have been inked.
Shares last traded at $1.22.
Voltaic Strategic Resources (ASX:VSR) has logged new targets at Ti Tree.
High-priority drill targets were mapped based on reviews of existing data.
Lepidolite was found on-site in the 50’s.
Shares last traded at 1.5 cents.
Woodside (ASX:WDS) has posted its 4Q CY24 report.
WDS hit record full-year CY23 production of 187 million barrels of oil equivalent per day.
Revenue in Q4 jumped 3 per cent on Q3 due to higher prices but was offset by lower traded LNG.
Shares last traded at $31.09.