Stocks of the Hour: Corella Resources, Green Technology Metals, Lithium Universe
A snapshot of the stocks on the move, featuring Corella Resources (ASX:CR9), Green Technology Metals (ASX:GT1) and Lithium Universe (ASX:LU7).
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Wall Street rallies ahead of Jackson Hole meeting
US shares advanced on Monday, extending recent gains as investors looked ahead to the highly anticipated Federal Reserve symposium later this week.
Read MoreChina restricts investment access
Chinese authorities have restricted access to a key data source on inward investment as global funds continue to withdraw from the country’s stock market, raising the possibility that 2024 could mark the first year of net equity outflows.
Read MoreGlobal stocks surge as recession fears ease
Investors who had reduced their equity exposure during the market volatility in early August significantly increased their holdings as global stocks rebounded last week, according to data from Deutsche Bank.
Read MoreASX closes 0.1% higher: Mixed profit results and sectoral divergence
The Australian sharemarket closed slightly higher on Monday amid a subdued trading session as investors focused on a series of company profit reports on the ASX.
Read MoreElectrifying Australia: Mayfield Group leading the charge
Electrification, the process of converting non-electric energy sources into electricity at the point of consumption, is rapidly transforming how we power our nation. This shift is driven by a confluence of factors: the introduction of new electric technologies, increasing environmental concerns, and supportive government policies across Australia.
Read MoreImmutep (ASX:IMM) reports first subject dosed in autoimmune disease study
Immutep Limited (ASX:IMM) CEO and Executive Director Marc Voigt discusses progress with the company's IMP761 drug, which is potentially active in more than 90% of autoimmune diseases.
Read MoreCCR highlights Mayfield Group’s exposure to infrastructure boom
Corporate Connect Research (CCR) has provided an initiation report on Mayfield Group Holdings (ASX:MYG).
Read MoreIron ore prices plummet amid China’s property crisis
Iron ore prices have crashed to their lowest level in two years, driven by the ongoing crisis in China’s property sector, which has severely weakened steel demand. This sharp decline is posing a significant threat to the earnings of the world’s largest mining companies.
Read MoreRetail investors ride out the storm
Last week, Wall Street managed to erase all the losses from its rough start to August, leading to jokes that summertime might be better spent at the beach than worrying about market turmoil.
Read MoreStocks of the Hour: Euro Manganese, Mithril Resources, Control Bionics
A snapshot of the stocks on the move, featuring Euro Manganese (ASX:EMN), Mithril Resources (ASX:MTH) and Control Bionics (ASX:CBL).
Read MoreASX down 0.07% near noon: Consumer Staples is worst performing sector
At 11:40am, the S&P/ASX 200 is 0.07 per cent lower at 7,965.9, dragged down by a slump in consumer staples stocks as investors assessed mixed company earnings.
Read MoreUS stocks end strongest week of 2024
US shares surged on Friday, capping off their most successful week of 2024 as the market rebounded from a sharp decline earlier in August.
Read MoreASX up 1.39% near noon: Investors respond to US retail sales data
At 11:30am, the S&P/ASX 200 is 1.39 per cent higher at 7,974.5, driven by optimism about potential interest rate cuts and robust economic data.
Read MoreStocks of the Hour: Miramar Resources, Elixir Energy, Wellnex Life
A snapshot of the stocks on the move, featuring Miramar Resources (ASX:M2R), Elixir Energy (ASX:EXR) and Wellnex Life (ASX:WNX).
Read MoreBlue dinosaurs and oat milk: CEO Alex Aleksic discusses Forbidden Foods
Forbidden Foods Limited (ASX:FFF) CEO and Managing Director Alex Aleksic provides an introduction to the company, discussing its recent acquisition of Good Oats.
Read MoreUS stocks grow on strong retail sales data, semiconductors lead
US stocks surged on Thursday as upbeat consumer and labour data fuelled a rally, easing recession fears and bolstering investor confidence.
Read MoreASX up 0.2% to post eighth straight day of gains
Australian shares extended their winning streak on Thursday, with the benchmark index rising 0.2%, despite a decline in the mining sector.
Read MoreStocks of the Hour: Latin Resources, KALiNA Power, Perpetual Resources
A snapshot of the stocks on the move, featuring Latin Resources (ASX:LRS), KALiNA Power (ASX:KPO) and Perpetual Resources (ASX:PEC).
Read MoreASX up 0.23% near noon: Labour market adds almost 60,000 jobs
Australian employment surged unexpectedly in July, defying forecasts and pushing the unemployment rate slightly higher.
Read MoreUS stocks climb as inflation cools
The Dow Jones Industrial Average gained ground on Wednesday, buoyed by encouraging US inflation data.
Read MoreASX grows 0.3%: Strong earnings boost investor confidence
The Australian sharemarket experienced a positive close on Wednesday, buoyed by strong performances from key companies and optimistic investor sentiment.
Read MoreStocks of the Hour: Immutep, LiveHire, Forbidden Foods, Estrella Resources
A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), LiveHire (ASX:LVH), Forbidden Foods (ASX:FFF) and Estrella Resources (ASX:ESR).
Read MoreASX up 0.7% near noon: US inflation data provides optimism
At 11:35am, the S&P/ASX 200 is 0.7 per cent higher at 7,881.90, driven by a strong performance from the utilities sector, particularly AGL Energy, whose earnings exceeded expectations.
Read MoreImmuteps groundbreaking autoimmune disease treatment enters clinical trials
In a potential game-changer for millions of people worldwide, Immutep (ASX:IMM; NASDAQ:IMMP) has initiated the first human trials of IMP761, a novel agonist LAG-3 antibody designed to treat autoimmune diseases.
Read MoreUS stocks surge on cooling inflation
US stocks rallied significantly overnight, inching closer to their record highs set last month. This upward trend was fueled by the latest inflation report, which showed signs of cooling price pressures.
Read MoreASX closes 0.17% higher following positive earnings results
Australian shares continued their upward trend for a sixth consecutive day, buoyed by generally positive earnings results.
Read MoreTemple & Webster defies retail slump
Online homewares retailer Temple & Webster (ASX:TPW) has bucked the trend of a subdued retail sector, delivering record annual sales and sending its share price skyrocketing. The company’s shares surged by 23.8 per cent by mid afternoon on Tuesday, reaching their highest level since early May.
Read MoreASX up 0.16% near noon: Aussie wage growth steady
Australian wage growth unexpectedly remained stagnant at 0.8% in the June quarter, falling short of predicted increases, while the annual pace also held steady at 4.1%.
Read MoreStocks of the Hour: Terrain Minerals, Leeuwin Metals, LTR Pharma
A snapshot of the stocks on the move, featuring Terrain Minerals (ASX:TMX), Leeuwin Metals (ASX:LM1) and LTR Pharma (ASX:LTP).
Read MoreUS market jitters continue as investors await inflation data
US stocks traded erratically on Monday, ultimately closing near flat as investors remained on edge ahead of crucial inflation figures.
Read MoreUS manufacturing investments face setbacks under Biden’s policies
Nearly 40% of the largest US manufacturing investments announced during the first year of President Joe Biden’s major industrial and climate policies have faced delays or have been paused, according to a Financial Times investigation.
Read MoreASX grows 0.5%: Tech leads sectors
Australian shares extended their winning streak for a fifth consecutive day on Monday, buoyed by a strong performance from consumer discretionary stocks, particularly following an upbeat earnings report from JB Hi-Fi. The benchmark S&P/ASX 200 Index climbed 0.5% to close at 7813.7 points, mirroring a positive trend in global markets as investors digested last week’s volatility sparked by US recession fears.
Read MoreTerraCom partners with Wintime Energy to develop Queensland coal project
TerraCom (ASX:TER) has signed a cooperation agreement with Chinese energy giant Wintime Energy Group to jointly develop and operate the Moorlands Thermal Coal Project in Queensland, Australia.
Read MoreASX up 0.61% near noon: JB Hi-Fi reports strong results.
At 11:35am, the S&P/ASX 200 is 0.61 per cent higher at 7,825.40. The results are driven by a strong performance from retail stocks led by JB Hi-Fi. The broader market also gained momentum as global sentiment improved. Consumer discretionary stocks were the top performers, while technology shares also contributed to the positive market mood.
Read MoreStocks of the Hour: Woomera Mining, Bass Oil, IonDrive
A snapshot of the stocks on the move, featuring Woomera Mining (ASX:WML), Bass Oil (ASX:BAS) and IonDrive (ASX:ION).
Read MoreAmerica’s largest lithium resource: A conversation with Jindalee Lithium CEO Ian Rodger
Jindalee Lithium Limited (ASX:JLL) CEO Ian Rodger provides an overview of the company, discussing the McDermitt project, progress on the PFS and grant funding.
Read MoreRising cocoa costs melt chocolate profits
Central bankers may assert that inflation is under control, but for chocolate lovers, the outlook is less sweet. Prices of popular treats like Freddo frogs continue to climb as confectionery companies pass on the surge in cocoa prices to consumers.
Read MoreCrypto rebounds as institutions embrace digital assets
The crypto markets are showing signs of stability as the weekend approaches, following a turbulent week that tested how new institutional investors would handle the significant swings that seasoned digital currency traders are accustomed to.
Read MoreUS stocks end week near flat line after wild ride
US stocks edged higher on Friday as the market continued its remarkable recovery from Monday’s sharp sell-off, nearly erasing the week’s earlier losses.
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