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Business
Hosted by Unknown Host · Business · EN · 0 episodes
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with more than 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices across all states and territories in Australia.
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Booking probability
48%
Guest openness
Selective
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Signup to Generate a PitchMorgans Financial Limited (Imports from Soundcloud) is a business podcast hosted by Unknown Host, with 0 episodes on record and a Required Pod Score of 80. PitchCentric scores this show on Booking Probability, Listen Score, and live audience signals refreshed every 24 hours.
Unknown Host hosts Morgans Financial Limited (Imports from Soundcloud), a business show with 0 episodes published.
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Morgans Financial Limited (Imports from Soundcloud)
•US equity markets advanced on Friday (11 September), snapping a four-session losing streak as oil prices snapped an eight-session winning streak and pulled back from five-month highs, while investors digested inflation figures that cemented expectations of an interest rate hike later this week – Dow rebounded +509-points or +0.98%.
Morgans Financial Limited (Imports from Soundcloud)
US equity markets extended declines into a fourth consecutive session as oil prices and bind yields soared – Dow fell -317-points or -0.60%, with Amgen Inc (down -2.25%), International Business Machines (IBM) Corporation (-2.47%) and NVIDIA Corp (-2.26%) all down over >2%. Nike Inc fell -1.95% to US$36.62, with analysts at Morgan Stanley reinstating official research coverage with an ‘underweight’ rating and US$31 target price. Apple Inc rallied +3.56% following a successful launch of the company’s first foldable smartphone, the iPhone Duo.
Morgans Financial Limited (Imports from Soundcloud)
US equity markets booked a third straight session of declines as global benchmark oil prices jumped above >US$100/barrel and the yield on US 10-year bonds touched their highest level since November 2023 – Dow fell -405-points or -0.77%. Alphabet Inc fell -2.09% after the Google parent said it would invest at least US$15.1B in AI infrastructure in Finland over the next two years, including a major deal for the supply of nuclear power. Boeing Co (-2.05%) and The Procter & Gamble Company (-2.02%) also fell over >2%. Apple Inc eased -0.28%, paring earlier, steeper losses as the company hosted its first product release event under new Chief Executive Officer (CEO) John Ternus. Apple unveiled its latest generation of iPhones, including a widely anticipated foldable version called Duo. International Business Machines (IBM) Corporation rallied +3.38% and was one of just five (5) components in the 30-stock index to advance overnight
Morgans Financial Limited (Imports from Soundcloud)
US equity markets booked back-to-back declines after resuming trading following the Labor Day holiday long weekend as oil prices rose and trade tensions between the U.S. and Canada escalated – Dow dropped -628-points or -1.18%. Amgen Inc tumbled -10.08% after Swiss pharmaceutical peer Novartis AG said after the close of trading last Friday (4 September) that an experimental drug, pelacarsen, failed to reduce the risk of cardiovascular events in a late-stage trial compared to placebo. Amgen is working on a similar cholesterol-targeting drug to the one that failed in Novartis’ trial. Salesforce Inc fell -3.90%, with the software sector more broadly under pressure as OpenAI's launch last week of its newest model, GPT-6 Astra, reignited speculation that AI could compete with services now offered by specialized software companies.
Morgans Financial Limited (Imports from Soundcloud)
US equity and bond markets were CLOSED overnight AEST for the Labor Day holiday. In US corporate earnings, Casey’s General Stores Inc releases its fiscal first-quarter result tonight AEST.
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