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Stocks of the Hour: Tamboran Resources, Recce Pharmaceuticals, Cooper Metals

26 Apr 2024 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Recce Pharmaceuticals (ASX:RCE) and Cooper Metals (ASX:CPM).

Vale's net earnings down 9%

26 Apr 2024 - Brazilian iron ore and base metal giant Vale saw net earnings slip 9% in the three months to March 31.

Boeing's struggles: Losses, downgrades, and liquidity worries

26 Apr 2024 - Boeing lost hundreds of millions of dollars and used up $US3.9 billion in cash in the March quarter. Revenue fell nearly 8% from a year ago as the company continues t…

Gold Road Resources backs out of Greenstone deal

26 Apr 2024 - It's no wonder Gold Road Resources (ASX:GOR) bailed on a move to buy an interest in the Canadian gold miner Greenstone.

Alphabet's dividend debut and soaring revenue

26 Apr 2024 - Alphabet (Google) has transitioned into the sphere of mundane industrials, aligning itself with the likes of Apple and Meta by initiating dividend payments.

US economic growth disappoints

26 Apr 2024 - In the wake of the weaker-than-expected first estimate of US economic growth, it seems US interest rates aren’t going lower for a while longer—perhaps past November’s…

Weak revenue forecast from Meta causes stock plunge

26 Apr 2024 - The Mag Seven megatech story took a hit as a weak revenue forecast from Meta Platforms caused shares to plunge 16% in after-hours trading on Wednesday, dragging other…

BHP makes $60 billion bid for Anglo American

26 Apr 2024 - Shares in BHP (ASX:BHP) will come under pressure on the ASX on Friday after it confirmed it had made an unsolicited all-paper takeover offer for Anglo American, with …

Fortescue's third-quarter iron ore production and sales disappoint again

24 Apr 2024 - For the second time in as many years, Fortescue’s (ASX:FMG) third-quarter iron ore production and sales have been weaker than expected.

No rate rise expected as inflation picks up

24 Apr 2024 - No rate rise is expected from the Reserve Bank for most of this year after inflation picked up in the three months to March 31, thanks to another surge in housing cos…

Kogan shares slide despite profit growth

24 Apr 2024 - Kogan.com (ASX:KGN) shares slumped 26% on Wednesday after it revealed a surprise 6% decline in gross sales to $178.3 million and a 2% drop in revenue to $105.9 millio…

Stocks of the Hour: Immutep, Western Mines Group, Industrial Minerals

24 Apr 2024 - A snapshot of the stocks on the move, featuring Immutep (ASX:IMM; NASDAQ:IMMP), Western Mines Group (ASX:WMG) and Industrial Minerals (ASX:IND).

Inside the Star Group's struggles

24 Apr 2024 - In the latest session of the ongoing inquiry probing the Star Group's suitability to hold a casino license, alarming revelations surfaced, painting a bleak picture of…

GM's strong Q1 performance and bullish outlook

24 Apr 2024 - In stark contrast to Tesla’s poor performance, rival carmaker General Motors rode the back of its traditional ICE-powered cars (internal combustion engine) to better-…

Optimism surrounding Tesla's performance despite declining profitability

24 Apr 2024 - There are some overly optimistic investors in the US—why else would they boost the share price of EV pioneer Tesla after the company reported its worst quarterly perf…

Brambles' third-quarter sales update

23 Apr 2024 - Brambles (ASX:BXB) shares fell around 7% in an immediate negative reaction to its third-quarter sales update, despite the company showing that it is on track to meet …

Investor reaction to Northern Star's report

23 Apr 2024 - Sometimes, some investors are not bright, and others do not really read what companies put out to the ASX. Take Northern Star Resources (ASX:NST), which yesterday iss…

Stocks of the Hour: Osteopore, Augustus Minerals, Tamboran Resources

23 Apr 2024 - A snapshot of the stocks on the move, featuring Osteopore (ASX:OSX), Augustus Minerals (ASX:AUG) and Tamboran Resources (ASX:TBN).

De Grey Mining nears $1 billion financing deal

23 Apr 2024 - De Grey Mining (ASX:DEG) is aiming to finalize the detailed terms of its massive $1 billion financing package for its Hemi gold mine project in WA’s Pilbara by the mi…

China's fiscal stimulus and credit rating outlook

23 Apr 2024 - Both Moody’s and Fitch have put China on a negative outlook for its credit rating. S&P Global has taken a different stance, suggesting that the country’s fiscal stimu…

Market fluctuations: Equities surge, gold slumps, and commodities dip

23 Apr 2024 - Friday, it was equities that sold off on higher risk, even though there were signs the Israelis had not really retaliated against Iran. Despite that, gold was boosted…

Air New Zealand trims earnings estimates amid market challenges

22 Apr 2024 - Air New Zealand (ASX:AIZ) trimmed its annual earnings estimates on Monday, citing cost-of-living pressures leading to softer revenue in domestic travel, as well as mo…

Stocks of the Hour: Base Resources, Lanthanein Resources, Orion Minerals, Novonix

22 Apr 2024 - A snapshot of the stocks on the move, featuring Base Resources, Lanthanein Resources, Orion Minerals and Novonix.

Cyclone Megan hits South32

22 Apr 2024 - South32's (ASX:S32) Groote Eylandt manganese mining and export operations in the Gulf of Carpentaria look set to remain offline for another year following Cyclone Meg…

Tesla's turbulent week

22 Apr 2024 - The US first-quarter reporting season accelerates. Up to Friday, 14 companies in the S&P 500 had reported so far, and this week they will be joined by another 158 (or…