Woodside Energy eyes revenue boost in 2024
Woodside Energy (ASX:WDS) is optimistic about a modest increase in revenue this year following a 2023 shortfall in turnover, primarily due to weaker gas and oil prices.
Read MoreWoodside Energy (ASX:WDS) is optimistic about a modest increase in revenue this year following a 2023 shortfall in turnover, primarily due to weaker gas and oil prices.
Read MoreBunnings landlord, BWP (ASX:BWP), is set to acquire its smaller rival, Newmark Property (ASX:NPR), in a $247 million deal, exceeding Newmark's Tuesday valuation by over 40%.
Read MoreAustralian shares saw an extension of gains during the opening session, buoyed by the S&P 500 achieving its third consecutive record high. This development coincided with mixed quarterly reports preceding the "Magnificent 7" group of megacap companies.
Read MoreA snapshot of the stocks on the move, featuring Newmark Property REIT (ASX:NPR), Harvest Technology Group (ASX:HTG) and NickelSearch (ASX:NIS).
Read Moreicetana Limited (ASX: ICE), a leading artificial intelligence video analytics software company that aids security and IT teams in managing large-scale surveillance networks, has released its quarterly report for the period ending December 31, 2023 (Q2 FY24). The company reported significant achievements and robust growth during the quarter.
Read MoreNetflix is set to propel Wall Street higher when trading resumes on Wednesday, following the streaming giant's remarkable performance in adding more subscribers than anticipated for the three months ending in December 2023.
Read MoreThe Dow Jones Industrial Average fell Tuesday, pulling back from record-breaking highs as traders pored through the latest batch of corporate earnings.
Read MoreThe sell-off in Chinese shares slowed on Tuesday, and Hong Kong bounced back after the government contemplated a well-leaked proposal for a massive share-buying scheme.
Read MoreThe Dow Jones Industrial Average fell Tuesday, pulling back from record-breaking highs as traders pored through the latest batch of corporate earnings.
Read MoreThe Australian sharemarket extended its longest winning streak of the year as the S&P/ASX 200 index rose 0.5% to 7514.9, driven by gains in healthcare and financial sectors following a Wall Street rally that pushed the S&P 500 to a new high.
Read MoreIn a bid to capitalise on the surging demand for critical metals, Elementos (ASX:ELT) is making significant strides with its two development assets in highly regulated mining jurisdictions in Andalucía, Spain, and Tasmania, Australia. The company is strategically positioned to exploit the growing global electronics industry and address the impending supply shortfall of tin in electronic solder.
Read MorePrices for Australian lithium are set to face further downward pressure, and the competition from Chinese miners is expected to intensify, according to a recent analysis by commodity price forecaster Wood Mackenzie.
Read MoreIn a surprise announcement, small explorer Magmatic Resources is revisiting its Myall copper gold prospect in the NSW Central West, near Alkane, Evolution, and Newmont/Newcrest's significant mines and prospects. The company believes it had initially misinterpreted the results from a 22-hole drilling campaign.
Read MoreEconomic activity slowed over the Christmas-New Year break, according to the first business survey from the National Australia Bank, released on Tuesday. However, business confidence improved, especially in retail, as the Black Friday sales seemed to work a bout of magic.
Read MoreThe likelihood of BHP (ASX:BHP) being compelled to impair the value of its Nickel West business and potentially consider its closure has increased. This development comes after the mining company confirmed the necessity of placing a crucial plant component on a care and maintenance basis.
Read MoreThe Australian sharemarket continues to build on its upward momentum, mirroring a modest rally on Wall Street that propels the S&P 500 to a new record high.
Read MoreIn this Tuesday's announcement, neither lithium nor nickel were mentioned or harmed, but the market displayed a notable surge in enthusiasm for True North Copper (ASX:TNC) shares. They skyrocketed by almost 40% following a strategic partnership with Glencore.
Read MoreOnce again, the markets told the story on Monday as China and Japan considered monetary policy, with the status quo emerging as the winner.
Read MoreOn the day China was expected to lower interest rates, its stock markets plummeted by over 2%, surprising analysts who had not anticipated such a move from the People's Bank of China (PBoC) after it had left another key indicator unchanged the previous week.
Read MoreA snapshot of the stocks on the move, featuring Cobre (ASX:CBE), Hot Chili (ASX:HCH) and Aspen Group (ASX:APZ).
Read MoreThe Australian sharemarket opened slightly higher, following a modest rally on Wall Street, which saw the S&P 500 reach a new high. The S&P/ASX 200 index is currently up by 0.59% at 7,520.90, reflecting a similar trend in US stocks, with the S&P 500 closing up 0.2% and the Nasdaq 100 up 0.3% overnight.
Read MoreUS stocks rose overnight as investors built on the previous session’s historic move to record highs.
Read MoreUS stocks rose overnight as investors built on the previous session’s historic move to record highs.
Read MoreCashed-up African gold miner, Perseus (ASX:PRU), has disrupted the already tumultuous takeover bid for OreCorp by Canada's Silvercorp Metals with a full cash offer of 55 cents per share. While it represents just a 4% premium to Silvercorp's cash and share bid, Perseus' transaction appears likely to succeed unless the Canadian company can secure sufficient funds to counter with an all-cash offer.
Read MoreThe Australian sharemarket saw gains driven by a US rally, with tech and financial stocks leading the way. Buy now, pay later company Zip surged 16.5% after announcing a return to semi-annual profitability.
Read MoreABx Group (ASX:ABX) has announced high-grade results emerging from the first drilling campaign at the Wind Break deposit.
Read MoreBy mid-afternoon, the Australian share market rose by 0.6%, influenced by a positive trend in the US stock market.
Read MoreLynas (ASX:LYC), a rare earths group, saw its shares under pressure on Monday after revealing a 40% year-on-year decline in rare earths production in the December quarter.
Read MoreOn Monday, the tech sector witnessed another dramatic downturn, as shares in Appen (ASX:APX) slumped by 37%, adding to the bloodshed in the market.
Read MoreIn another 'bloody Monday' news release, Liontown Resources (ASX:LTR) has joined the project review queue, resulting in the loss of a massive funding package aimed at completing the Kathleen Valley project.
Read MoreSouth32 (ASX:S32) announced on Monday that it expects its full-year group output to be 3% lower than previously forecast.
Read MoreAmerican home sales hit a 30-year low, delivering bad news for News Corp and its 61% owned Australian US property listings REA Group.
Read MoreA snapshot of the stocks on the move, featuring ABx Group (ASX:ABX), Evolution Energy Minerals (ASX:EV1) and Koba Resources (ASX:KOB).
Read MoreThe cutbacks in resources continue, especially in Western Australia, with the nickel and lithium sectors bearing the brunt of spending reductions, mine closures, and the suspension of exploration activities.
Read MoreThe Australian sharemarket increased in response to a US rally, with the S&P 500 and Nasdaq reaching record highs.
Read MoreIn a significant move towards bolstering the United States' electric vehicle (EV) infrastructure and fostering clean energy employment, the Biden-Harris Administration has unveiled a funding injection of US$46.5 million to support 30 projects across 16 states and Washington, D.C. These projects are designed to enhance the performance, resilience, and reliability of EV charging networks, promote equitable access to sustainable transportation solutions, and stimulate the growth of the clean energy workforce.
Read MoreThe S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to start the new year.
Read MoreThe S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to start the new year.
Read MoreWall Street has finally shaken free of the year-start blues to pick up again on the year-end Fed pivot surge, although not with the same conviction as support for tech stocks, especially those in AI, which helped boost expectations last week.
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