And just like that, it’s the last day of the month!
It has certainty been a busy few weeks here at Peak HQ.
We are not slowing down as we work hard to bring you our next deal!
This morning we are catching up with Mind Medicine Australia for a coffee.
It has certainly been interesting to see the developments of psychedelic assisted therapies to treat mental health across the globe!
In other news…
Put your hands up if you’ve been buying property in Sydney?
Well, according to Domain data, median house prices have grown by $100,000 in just 3 months!
Australian shares are poised to retreat on the final day of the month, with US investors opting to cash in amid concerns about whether companies can continue to report ever higher than expected earnings.
ASX futures were down 16 points or 0.2 per cent to 7045 near 7am AEST, paring earlier losses. The currency slipped 0.3 per cent. The yield on the US 10-year note rose 2 basis points to 1.63 per cent, near 4.59pm in New York.
As for Wall Street, all three benchmarks were higher. At the close, the Dow was up 240 points or 0.7 per cent, bolstered by Nike, JPMorgan and UnitedHealth. Twenty four of its 30 components rose.
Apple slipped 0.07 per cent a day after its latest results crushed expectations. Facebook, which also smashed expectations, surged 7.3 per cent. Alphabet rose 2.1 per cent, Microsoft fell 0.8 per cent.
After the closing bell, Amazon reported its biggest profit ever as consumers turned to the online retailer for their shopping needs and businesses paid it more to warehouse and advertise their products.
Its shares popped 4 per cent after hours; they had risen 0.4 per cent during the regular trading session.