Fresh moves: Woolworths wraps up Q1 with $18bn in sales
In its latest quarterly report, Woolworths Group (ASX:WOW) announced a 4.5% increase in total sales, reaching $18bn, for the 14-week period ending 6 October 2024.
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Nasdaq hits record high amid key earnings reports
The Nasdaq Composite reached a new all-time high on Tuesday as investors braced for key corporate earnings releases, including those from several prominent tech companies.
Read MoreWeak labour data pushes gold to historic peak
Spot gold is trading at a record high of US$2,769.61 per ounce (surpassing a previous record of US$2757.22, set on 23 October this year).
Read MoreHSBC hits six-year high on profit surge and buyback
HSBC’s third-quarter results have exceeded expectations, propelling its shares to a six-year high.
Read MoreBP shares take a spill as oil slips, profit dips
BP's shares have dropped to their lowest level since 2022, after the company reported a sharp reduction in profit in its third quarter 2024 results.
Read MoreWhy value matters in investing – and what are valuations telling us now?
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses valuations.
Read MoreBitcoin hits $70k milestone, fuelled by ETF inflows
Bitcoin has once again surged beyond $70,000, marking a comeback after months of volatility.
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Resolute Mining adjusts to Q3 setbacks as costs rise
Resolute Mining (ASX/LSE: RSG) faced a challenging Q3 FY24, with gold production reaching 85,043 ounces — 6% below the previous quarter due to extreme rainfall at the Syama and Mako mines.
Read MoreStocks of the Hour: Recharge Metals, Eastern Metals, Brightstar Resources
A snapshot of the stocks on the move, featuring Recharge Metals (ASX:REC), Eastern Metals Ltd (ASX:EMS) and Brightstar Resources (ASX:BTR).
Read MoreVicinity targets “fortress-style” assets amid strong FY25 Q1 results
Vicinity Centres, at its AGM today, highlighted its strategic portfolio enhancements, robust occupancy levels and positive leasing metrics.
Read MoreCoronado Global revises guidance after revenue and price declines
Coronado Global Resources (ASX:CRN) reported $608m in group revenue for Q3 FY24, down 9.7% from the previous quarter.
Read MoreSetbacks in US debt market weigh on Credit Corp outlook
At its AGM today, Credit Corp laid out a recovery-focused strategy after a turbulent year, marked by a 44% drop in net profit after tax to $50.7m and a reduction in shareholder dividends.
Read MoreLuxury slowdown no hurdle as Cettire posts profitable Q1
Cettire (ASX:CTT), an online luxury goods platform, has reported profitable growth for the first quarter of FY25, even as global luxury demand softened.
Read MoreFits like a glove: Ansell notes potential $10m in synergies from KBU acquisition
At its 2024 Annual General Meeting earlier today, Ansell (ASX:ANN) reported on a year marked by strategic investments and sustainability milestones.
Read MoreSerko’s smooth landing in North America’s corporate travel market
Serko (ASX:SKO, NZX:SKO) is ramping up its North American presence with the acquisition of Sabre’s GetThere business travel platform for US$12m.
Read MoreZipping past expectations
Zip Co Limited (ASX:ZIP) has posted robust results for the quarter ending 30 September 2024, largely driven by a surge in US operations.
Read MoreButtoning up business: Myer adds Premier’s Apparel Brands to portfolio
Premier Investments (ASX:PMV) and Myer Holdings (ASX:MYR) are merging resources in a transformative deal, announced today.
Read MoreUS stocks rise as tech earnings loom
Stocks surged on Monday as investors anticipated a wave of megacap technology earnings that could propel the Nasdaq Composite to new heights this week. A calming geopolitical situation also bolstered risk sentiment.
Read MoreDr Cathy Foley on turning the lucky country into a smart nation
Australia's Chief Scientist, Dr Cathy Foley, AO PSM, presents at the Semiconductor Australia 2024 conference. She highlights Australia’s strengths in tech development and outlines a vision for a sustainable economy led by innovation.
Read MoreBoeing’s $15bn plan to avoid a financial nosedive
Boeing is gearing up to raise more than US$15bn this week in a bid to stabilise its finances.
Read MoreInterest rates drive accounting losses at Australia’s central bank
The Reserve Bank of Australia’s (RBA) 2024 Annual Report reflects a year of significant financial challenges and organisational shifts.
Read MoreOil falls as Israeli airstrikes avoid key Iranian energy sites
Crude oil futures have declined following Israeli airstrikes that did not target critical Iranian oil infrastructure.
Read MoreJapanese stocks surge as yen slides following election upset
Japanese stocks have rallied as the yen has dropped to a three-month low. The currency’s fall follows Sunday’s election, where Prime Minister Shigeru Ishiba’s ruling coalition lost its parliamentary majority, raising political and economic uncertainty.
Read MoreAdminSuite rollouts strengthen FINEOS’ insurance sector footprint
In the September 2024 quarter, FINEOS reported cash receipts from customers of €35.5 million, marking a 23% increase compared to the same period last year.
Read MoreSantana’s PFS on track as fast-track approval granted
Santana Minerals (ASX:SMI) continues to move forward with its Bendigo-Ophir Gold Project in Central Otago, New Zealand, as highlighted in its September 2024 quarterly report.
Read MoreDorado project on track: Carnarvon eyes 2025 final decision
Carnarvon Energy (ASX:CVN) has reported progress on its Dorado oil and gas project in its Q3 2024 update.
Read MoreASX up 0.1%; Information Technology up 1.5%
Australian shares started the week flat on Monday, as advances in technology offset a drop in energy stocks. By noon, the S&P/ASX 200 is 0.12% higher at 8,221.50.
Read MoreStocks of the Hour: Asian Battery Metals PLC, Li-S Energy, LCL Resources
A snapshot of the stocks on the move, featuring Asian Battery Metals PLC (ASX:AZ9), Li-S Energy (ASX:LIS) and LCL Resources (ASX:LCL).
Read MoreOneview targets North American growth
Oneview Healthcare (ASX:ONE) recently released its Q3 2024 update, showing progress despite ongoing market challenges.
Read MoreTemple & Webster maintains debt-free status amid solid revenue gains
Temple & Webster Group (ASX:TPW) provided a positive trading update at its 2024 Annual General Meeting, held today.
Read MoreStorms and safety challenges fail to slow Adriatic’s Vares progress
Adriatic Metals (ASX:ADT) recently shared its Q3 2024 update, detailing advancements at its flagship Vares Silver Operation in Bosnia and Herzegovina.
Read MoreBHP settles Samarco disaster claims with US$31.7bn agreement
BHP Group (ASX:BHP) recently finalised a US$31.7bn settlement for the 2015 Samarco dam disaster, bringing resolution to a catastrophic event that has weighed heavily on the company for nearly a decade.
Read MoreIGO reports 39% revenue dip amid falling commodity prices
IGO Limited (ASX:IGO), a leading player in lithium and nickel mining, released its quarterly report for the period ending 30 September 2024.
Read MoreCash Converters reports solid Q1 with shift to longer-term lending
Cash Converters International (ASX:CCV) has delivered positive Q1 results for FY2025, highlighting growth in its core segments.
Read MoreANZ reveals accounting shifts post Suncorp acquisition
ANZ recently provided an update on accounting-related adjustments impacting its 2024 second-half results arising from the Suncorp acquisition.
Read MoreThe digital economy’s oil: Jonathan Belz on semiconductor investment strategies
Jonathan Belz, CEO and Co-Founder of BFA Global Investors, presents at the Semiconductor Australia 2024 conference. Citing examples like Nvidia’s rapid market cap increase, Belz discusses how AI, 5G, and data centres are shaping a new era for the sector.
Read MoreNasdaq hits record high as tech stocks surge
The Nasdaq Composite reached an all-time high on Friday, propelled by megacap tech stocks.
Read MoreDroneshield’s earnings take flight as drone worries rise
Judo Capital (ASX:JDO), an Australian bank specialising in lending to small and medium-sized enterprises (SMEs), has reported a solid year of financial performance, with a notable 9.5% increase in annual revenue for the fiscal year ending 30 June 2024.
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