Weekly Wrap

Australia finds itself at a pivotal juncture where the burgeoning demands of AI intersect with the nation's energy infrastructure. Data centres, often referred to as "AI factories," are at the heart of this convergence, exerting significant pressure on the national power grid.

Star Combo Pharma (ASX:S66) has attained a notable achievement with the issuance of a manufacturing license by the Therapeutic Goods Administration (TGA) for the production of pastille products tailored for the Gummy market.

Now, that’s what you call a result—in fact, a crushing result, as Nvidia’s revenue soared by 262% in the past quarter, beating all expectations and sending the chipmaker’s shares higher in after-hours trading on Wednesday.

A three-month high for iron ore prices was reached on Wednesday as traders remained bullish about the prospects for China's aid packages for the country's loss-making property sector.

We estimate the total world manganese ore production to be approximately 60 million tonnes, or 20 million tonnes in manganese equivalent, accounting for differences in ore grades. Manganese ore specifications typically range from 30% to 44%. Grades lower than this specification would require additional treatment to concentrate the ore further to meet the midstream Silicon Manganese producers' specification requirements.

Nothing compares to a copper price boom for catalyzing a surge in exploration efforts, proposed expansion projects, and fundraising.

The MACD is the second most commonly used chart visualization on Marketech’s Focus platform, being saved by about 30% of our serious/active investors in their primary saved chart layout.

Leading Australian fixed low-cost broker platform, Selfwealth (ASX:SWF) (“Selfwealth” or “the Company”), has released its latest report on the most traded ASX stocks in April.

Several major European power companies are reassessing their renewable energy development targets due to high costs and low electricity prices, signaling challenges in transitioning away from fossil fuels, such as coal, oil, and natural gas.

The lure of gaining exposure to the mega-themed Artificial Intelligence (AI) boom via the stability of real estate has attracted operators and investors alike.

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Copper has emerged as a focal point for both data transmission and the investment strategies of those wary of inflation. Since early February, the red metal has experienced a remarkable surge in price, climbing over 26 percent on the London Metal Exchange and reaching record highs in the US.

The number of new jobs and the number of unemployed workers rose in April, as the labour market seemingly moved to the cusp of a major change.

In the world of share market investing, charts serve as an indispensable tool for decision-making. They provide vital insights into market trends, price movements, and crucial indicators that influence trading strategies.

Treasurer Jim Chalmers presented his third consecutive budget on Tuesday night, marking a significant milestone with a back-to-back surplus of $9.3 billion – a feat not seen in almost two decades.

China's car market slowed in April, and had it not been for a reasonable performance by the still-growing new energy vehicle sector, total sales would have looked forlorn. However, while sales of new energy vehicles (NEVs) did fall in April, the sector’s share of total vehicle sales jumped to a record high, as sales of conventionally powered ICE (Internal Combustion Engine) vehicles slid faster than sales of NEVs.

In the current landscape of the oil industry, mergers and acquisitions have emerged as a predominant theme. Notable players such as Exxon Mobil, Chevron, Diamondback Energy, and Occidental Petroleum have engaged in substantial oil deals over the past year, collectively exceeding $150 billion in value.

Amid China’s unexpected 8% surge in imports, iron ore shipments into the country stood out with a stronger-than-expected outcome, while oil and coal imports were also solid.

The Albanese government is set to defy global trends with the release of a comprehensive plan today, backing the continued extraction and use of gas beyond 2050.

Tesla might be the world’s most valuable carmaker by market value, but Japan’s Toyota Motor has confirmed its giant status when it comes to sales, revenues, and earnings, completely outclassing Elon Musk’s tattered company.

Even China can't stomach spending too much money buying gold at record levels – something the players in the gold market forgot when they reported this week that the country's central bank made another purchase in April.

How desperate is Tesla's Elon Musk? Quite a lot, judging by his almost plea-like call for Warren Buffett to buy Tesla shares after Berkshire Hathaway's annual meeting on Saturday.

BYD, the world’s biggest maker of electrified vehicles, didn’t escape the fallout from China’s EV price wars in the first quarter of 2024.

You know Apple’s board and management understand the trouble the company is in with investors. Why else would it, after a better-than-expected set of figures for the March quarter, boost dividends and announce a record buyback?

"Mining, Metals and the Circular Economy" will take place alongside the International Mining and Resources Conference on 29 & 30 October at the ICC Sydney, bringing together experts and thought leaders in the mining sector for a dynamic exchange of ideas and best practices.