Perpetual Resources begins trenching program at Igrejinha Project in Brazil
Perpetual Resources Ltd (ASX: PEC) has commenced a systematic trenching program at its Igrejinha Lithium and Caesium Project in Minas Gerais, Brazil's "Lithium Valley".
Perpetual Resources Ltd (ASX: PEC) has commenced a systematic trenching program at its Igrejinha Lithium and Caesium Project in Minas Gerais, Brazil's "Lithium Valley".
Woolworths Group has reported a 4.5% increase in third-quarter sales to $18.1 billion, but the retail giant simultaneously warned of a potential hit to its profit margins.
ASX Limited has appointed Group Executive Markets and Listings Darren Yip as Interim Chief Executive Officer, effective May 29, 2026.
The Federal Reserve is currently facing its most significant internal upheaval in over three decades.
In a historic 8-4 vote, the central bank opted to maintain interest rates, marking the most fractured decision since 1992.
In a strategic bid to fortify national fuel reserves, Foreign Minister Penny Wong recently secured a diplomatic breakthrough during high-level Beijing talks - after the escalating Middle East conflict paralysed the Strait of Hormuz, plunging Australia into a precarious energy crisis.
Daniel Flax, Neuberger senior research analyst, discusses what the latest round of tech earnings could portend for AI companies like Apple, Broadcom and Nvidia on "Bloomberg The Close."
Meta Platforms Inc. shares slid after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment it's making to build artificial intelligence models won't pay off. The social-media giant projected full-year capital expenditures between $125 billion and $145 billion, far exceeding analysts' estimates and marking a roughly 7.4% increase from what the company had previously projected. The company is dealing with "higher component pricing" and additional data center costs, Chief Financial Officer Susan Li said in a statement. Bloomberg's Kurt Wagner joins to discuss.
Ford CFO Sherry House discusses first-quarter earnings, SUV and pick-up truck sales amid higher gas prices and the automaker's full-year outlook on "Bloomberg The Close."
DA Davidson Managing Director Gil Luria offers his key takeaways on earnings from Amazon, Microsoft and Meta Platforms. He speaks on "Bloomberg The Close."
Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says the market took the Federal Reserve easing bias out at the onset of the war in Iran.
Fed Chair Jerome Powell said he intends to remain at the central bank as a member of its Board of Governors, but it's not clear when he'll leave completely. Jim Bianco of Bianco Research says Powell could stick around as a disruptor.
Stripe announced several new AI tools Wednesday, including a new partnership with Google, aimed at building AI tools for payments and commerce. Stripe President and co-founder John Collison discusses the company's AI strategy with Bloomberg Tech's Ed Ludlow.