Latest news with #Macquarie
The Advertiser
6 hours ago
- Sport
- The Advertiser
Are the NEWRL finals teams already locked in? Can Central charge home? Will the upsets continue?
Are the Newcastle Rugby League finals teams already locked in, or will the likes of Lakes or Central charge into the top five? Can one of the surprise improvers in Macquarie and Kurri Kurri shake things up with a few more upsets? Will injuries cruel a side's chances on the run home? They're some of the questions as most teams in the men's first-grade competition enter the back half of their campaigns this weekend. As it stands, South Newcastle (14 points), Wyong (13), Maitland (13), Wests (12) and The Entrance (12) make up the top five, and overall, they have all looked better than the rest. Sixth-placed Cessnock (10) have been too inconsistent, Lakes (8) and Central (8) - who sit ninth and 10th - haven't quite lived up to expectations, while Macquarie (10) and Kurri Kurri (10) - in seventh and eighth - have done better than expected. Northern Hawks (2) remain without a win. Competition leaders Souths, and Cessnock, are the only teams to have played nine games in what is a 16-match regular season for every team. Every other side has played eight, apart from Central and Macquarie who have played seven. But only six points separate the sides placed first to 10th. "It's probably a good reflection that the points system is actually starting to kick in now a few years after its introduction," Central coach Adam Bettridge said on Friday. "It's levelled the comp out really well, and that's a credit to Newcastle Rugby League and everyone else. "It's the hardest and most consistent comp I've seen in a long time. It's good for the game and ... good footy weekly, which is the main thing." Last year's grand finalists, Central are second last after three wins and four losses. But their position isn't totally reflective of how they've started. "Not at all," Bettridge said. "We've played Wests twice, we've played Maitland twice ... we had a tough start to the year, but we've been in every game bar one. I'm very happy with where the squad is at." Only four points, or two wins, outside the top five, that gap could really widen if Central lose a few, or close quickly if they win a few, in their next block of games. Lakes, who are 3-5 this season but one spot ahead, are similarly placed. Central have five games before their next bye, four of which are home games. But their next three are in the space of eight days. After Sunday's clash with Macquarie (seventh), they host Wyong (second) on Wednesday night and then Lakes (ninth) next Sunday. An away game against Souths (first) is followed by another home match against Cessnock (sixth) on consecutive Sundays. It's a month that could determine their campaign. Central won six of their last nine to storm into third last season, and Bettridge remains confident they can be in contention for the finals this year. "With the way the ladder is at the moment, with a lot of teams beating each other, there's a very big opportunity if you string some games together, you can move up the ladder pretty quick," he said. "We've just got to keep focused on ourselves and keep winning. "If we can stay injury-free and get a fair crack at it, I think we can ... go on a bit of a run. But we can't look past this next week." Coming off a 22-14 win over defending premiers Maitland last week, Central have lost forward Ethan Campbell for their next two matches after he accepted a ban for a crusher tackle, but are otherwise full strength. Playmaker Steven Dengate (wrist) remains sidelined. Macquarie enter the 3.15pm match fresh from a bye. In other Sunday games, all at 3pm, Wests host Souths at Harker Oval, Lakes travel to Raymond Terrace to face Northern, and Wyong are at home to The Entrance in the second Central Coast derby for the year. On Saturday, Maitland host Kurri Kurri at 3pm. Are the Newcastle Rugby League finals teams already locked in, or will the likes of Lakes or Central charge into the top five? Can one of the surprise improvers in Macquarie and Kurri Kurri shake things up with a few more upsets? Will injuries cruel a side's chances on the run home? They're some of the questions as most teams in the men's first-grade competition enter the back half of their campaigns this weekend. As it stands, South Newcastle (14 points), Wyong (13), Maitland (13), Wests (12) and The Entrance (12) make up the top five, and overall, they have all looked better than the rest. Sixth-placed Cessnock (10) have been too inconsistent, Lakes (8) and Central (8) - who sit ninth and 10th - haven't quite lived up to expectations, while Macquarie (10) and Kurri Kurri (10) - in seventh and eighth - have done better than expected. Northern Hawks (2) remain without a win. Competition leaders Souths, and Cessnock, are the only teams to have played nine games in what is a 16-match regular season for every team. Every other side has played eight, apart from Central and Macquarie who have played seven. But only six points separate the sides placed first to 10th. "It's probably a good reflection that the points system is actually starting to kick in now a few years after its introduction," Central coach Adam Bettridge said on Friday. "It's levelled the comp out really well, and that's a credit to Newcastle Rugby League and everyone else. "It's the hardest and most consistent comp I've seen in a long time. It's good for the game and ... good footy weekly, which is the main thing." Last year's grand finalists, Central are second last after three wins and four losses. But their position isn't totally reflective of how they've started. "Not at all," Bettridge said. "We've played Wests twice, we've played Maitland twice ... we had a tough start to the year, but we've been in every game bar one. I'm very happy with where the squad is at." Only four points, or two wins, outside the top five, that gap could really widen if Central lose a few, or close quickly if they win a few, in their next block of games. Lakes, who are 3-5 this season but one spot ahead, are similarly placed. Central have five games before their next bye, four of which are home games. But their next three are in the space of eight days. After Sunday's clash with Macquarie (seventh), they host Wyong (second) on Wednesday night and then Lakes (ninth) next Sunday. An away game against Souths (first) is followed by another home match against Cessnock (sixth) on consecutive Sundays. It's a month that could determine their campaign. Central won six of their last nine to storm into third last season, and Bettridge remains confident they can be in contention for the finals this year. "With the way the ladder is at the moment, with a lot of teams beating each other, there's a very big opportunity if you string some games together, you can move up the ladder pretty quick," he said. "We've just got to keep focused on ourselves and keep winning. "If we can stay injury-free and get a fair crack at it, I think we can ... go on a bit of a run. But we can't look past this next week." Coming off a 22-14 win over defending premiers Maitland last week, Central have lost forward Ethan Campbell for their next two matches after he accepted a ban for a crusher tackle, but are otherwise full strength. Playmaker Steven Dengate (wrist) remains sidelined. Macquarie enter the 3.15pm match fresh from a bye. In other Sunday games, all at 3pm, Wests host Souths at Harker Oval, Lakes travel to Raymond Terrace to face Northern, and Wyong are at home to The Entrance in the second Central Coast derby for the year. On Saturday, Maitland host Kurri Kurri at 3pm. Are the Newcastle Rugby League finals teams already locked in, or will the likes of Lakes or Central charge into the top five? Can one of the surprise improvers in Macquarie and Kurri Kurri shake things up with a few more upsets? Will injuries cruel a side's chances on the run home? They're some of the questions as most teams in the men's first-grade competition enter the back half of their campaigns this weekend. As it stands, South Newcastle (14 points), Wyong (13), Maitland (13), Wests (12) and The Entrance (12) make up the top five, and overall, they have all looked better than the rest. Sixth-placed Cessnock (10) have been too inconsistent, Lakes (8) and Central (8) - who sit ninth and 10th - haven't quite lived up to expectations, while Macquarie (10) and Kurri Kurri (10) - in seventh and eighth - have done better than expected. Northern Hawks (2) remain without a win. Competition leaders Souths, and Cessnock, are the only teams to have played nine games in what is a 16-match regular season for every team. Every other side has played eight, apart from Central and Macquarie who have played seven. But only six points separate the sides placed first to 10th. "It's probably a good reflection that the points system is actually starting to kick in now a few years after its introduction," Central coach Adam Bettridge said on Friday. "It's levelled the comp out really well, and that's a credit to Newcastle Rugby League and everyone else. "It's the hardest and most consistent comp I've seen in a long time. It's good for the game and ... good footy weekly, which is the main thing." Last year's grand finalists, Central are second last after three wins and four losses. But their position isn't totally reflective of how they've started. "Not at all," Bettridge said. "We've played Wests twice, we've played Maitland twice ... we had a tough start to the year, but we've been in every game bar one. I'm very happy with where the squad is at." Only four points, or two wins, outside the top five, that gap could really widen if Central lose a few, or close quickly if they win a few, in their next block of games. Lakes, who are 3-5 this season but one spot ahead, are similarly placed. Central have five games before their next bye, four of which are home games. But their next three are in the space of eight days. After Sunday's clash with Macquarie (seventh), they host Wyong (second) on Wednesday night and then Lakes (ninth) next Sunday. An away game against Souths (first) is followed by another home match against Cessnock (sixth) on consecutive Sundays. It's a month that could determine their campaign. Central won six of their last nine to storm into third last season, and Bettridge remains confident they can be in contention for the finals this year. "With the way the ladder is at the moment, with a lot of teams beating each other, there's a very big opportunity if you string some games together, you can move up the ladder pretty quick," he said. "We've just got to keep focused on ourselves and keep winning. "If we can stay injury-free and get a fair crack at it, I think we can ... go on a bit of a run. But we can't look past this next week." Coming off a 22-14 win over defending premiers Maitland last week, Central have lost forward Ethan Campbell for their next two matches after he accepted a ban for a crusher tackle, but are otherwise full strength. Playmaker Steven Dengate (wrist) remains sidelined. Macquarie enter the 3.15pm match fresh from a bye. In other Sunday games, all at 3pm, Wests host Souths at Harker Oval, Lakes travel to Raymond Terrace to face Northern, and Wyong are at home to The Entrance in the second Central Coast derby for the year. On Saturday, Maitland host Kurri Kurri at 3pm.
The Star
17 hours ago
- Business
- The Star
Oil set to log steepest weekly decline in two years as war premium vanishes
SINGAPORE: Oil prices headed for their steepest weekly decline since March 2023 on Friday, as the absence of significant supply disruption from the Iran-Israel conflict saw any risk premium evaporate. Brent crude futures rose 35 cents, or 0.52%, to $68.08 a barrel by 0429 GMT while U.S. West Texas Intermediate crude gained 40 cents, or 0.61%, to $65.64. That put both contracts on course for a weekly fall of about 12%. The benchmarks are now back at the levels they were at before Isreal began the conflict by firing missiles at Iranian military and nuclear targets on June 13. This week began with prices hitting a five-month high after the U.S. attacked Iranian nuclear sites at the weekend, before slumping to their lowest in over a week on Tuesday when U.S. President Donald Trump announced an Iran-Israel ceasefire. At present, traders and analysts said they could see no material impact from the crisis on oil flow. "Absent the threat of significant supply disruption, we still view oil as fundamentally oversupplied, with our 2025 balances indicating a roughly 2.1 million barrels per day (bpd) surplus," Macquarie analysts wrote in a research note on Thursday. The analysts forecast WTI to average around $67 a barrel this year and $60 next year, raising each forecast by $2 after factoring in a geopolitical risk premium. Small gains in prices later in the week came as U.S. government data showed crude oil and fuel inventories fell a week earlier, with refining activity and demand rising. "The market is starting to digest the fact that crude oil inventories are very tight all of a sudden," said Phil Flynn, senior analyst with the Price Futures Group. Also supporting prices was a Wall Street Journal report saying Trump planned to choose the next Federal Reserve chief earlier than usual. That fuelled fresh bets on U.S. interest rate cuts which would typically stimulate demand for oil. - Reuters
The Sun
19 hours ago
- Business
- The Sun
Oil prices face steepest weekly drop in two years as war premium fades
SINGAPORE: Oil prices headed for their steepest weekly decline since March 2023 on Friday, as the absence of significant supply disruption from the Iran-Israel conflict saw any risk premium evaporate. Brent crude futures rose 35 cents, or 0.52%, to $68.08 a barrel by 0429 GMT while U.S. West Texas Intermediate crude gained 40 cents, or 0.61%, to $65.64. That put both contracts on course for a weekly fall of about 12%. The benchmarks are now back at the levels they were at before Israel began the conflict by firing missiles at Iranian military and nuclear targets on June 13. This week began with prices hitting a five-month high after the U.S. attacked Iranian nuclear sites at the weekend, before slumping to their lowest in over a week on Tuesday when U.S. President Donald Trump announced an Iran-Israel ceasefire. At present, traders and analysts said they could see no material impact from the crisis on oil flow. 'Absent the threat of significant supply disruption, we still view oil as fundamentally oversupplied, with our 2025 balances indicating a roughly 2.1 million barrels per day (bpd) surplus,' Macquarie analysts wrote in a research note on Thursday. The analysts forecast WTI to average around $67 a barrel this year and $60 next year, raising each forecast by $2 after factoring in a geopolitical risk premium. Small gains in prices later in the week came as U.S. government data showed crude oil and fuel inventories fell a week earlier, with refining activity and demand rising. 'The market is starting to digest the fact that crude oil inventories are very tight all of a sudden,' said Phil Flynn, senior analyst with the Price Futures Group. Also supporting prices was a Wall Street Journal report saying Trump planned to choose the next Federal Reserve chief earlier than usual. That fuelled fresh bets on U.S. interest rate cuts which would typically stimulate demand for oil.
Yahoo
a day ago
- Business
- Yahoo
Macquarie Cuts GitLab's (GTLB) PT, Maintains Outperform
GitLab Inc. (NASDAQ:GTLB) is one of the 10 AI stocks that Jim Cramer and analysts are watching. On June 11, Macquarie reduced its price target on GTLB from $90 to $75 while maintaining an Outperform rating. The analyst described the company's Q1 results as underwhelming, citing a modest $1.5 million revenue beat and no revision to full-year revenue guidance. The firm attributed the weaker performance to a higher proportion of SaaS revenue and back-end linearity. Despite these factors, Macquarie pointed to stable RPO metrics as evidence of continued momentum, although deal composition and timing remain inconsistent. The firm also stated that it continues to view GitLab's DevOps platform as compatible with the increasing use of AI-driven coding tools. A team of software engineers working together in an open office, developing innovative solutions. The company also received a comment from Cramer on June 11 when he said: 'Yeah, I thought that GitLab, frankly, I was prepared for disappointment, and I got it. This kind of collaborative software, enterprise software stock, I don't want right now… You know, I like an Oracle, which is going up, but that's data center. I don't want, I just do not want enterprise software. I think they're all too expensive.' GitLab (NASDAQ:GTLB) provides a unified platform that supports every stage of the software development lifecycle. The platform allows teams to plan, build, secure, and deploy applications across different cloud environments. It also delivers professional services and training. While we acknowledge the potential of GTLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
RTÉ News
a day ago
- Business
- RTÉ News
Oil set to log steepest weekly decline in two years
Oil prices headed for their steepest weekly decline since March 2023 today, as the absence of significant supply disruption from the Iran-Israel conflict saw any risk premium evaporate. Brent crude futures rose 35 cents, or 0.52%, to $68.08 a barrel by 0429 GMT while US West Texas Intermediate crude gained 40 cents, or 0.61%, to $65.64. That put both contracts on course for a weekly fall of about 12%. The benchmarks are now back at the levels they were at before Isreal began the conflict by firing missiles at Iranian military and nuclear targets on June 13. This week began with prices hitting a five-month high after the US attacked Iranian nuclear sites at the weekend, before slumping to their lowest in over a week on Tuesday when US President Donald Trump announced an Iran-Israel ceasefire. At present, traders and analysts said they could see no material impact from the crisis on oil flow. "Absent the threat of significant supply disruption, we still view oil as fundamentally oversupplied, with our 2025 balances indicating a roughly 2.1 million barrels per day (bpd) surplus," Macquarie analysts wrote in a research note on Thursday. The analysts forecast WTI to average around $67 a barrel this year and $60 next year, raising each forecast by $2 after factoring in a geopolitical risk premium. Small gains in prices later in the week came as US government data showed crude oil and fuel inventories News Story a week earlier, with refining activity and demand rising. "The market is starting to digest the fact that crude oil inventories are very tight all of a sudden," said Phil Flynn, senior analyst with the Price Futures Group. Also supporting prices was a Wall Street Journal report saying Trump planned to choose the next Federal Reserve chief earlier than usual. That fuelled fresh bets on US interest rate cuts which would typically stimulate demand for oil.
