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Nvidia stock surges more than 150% in the first six months of 2024

01 Jul 2024 - Nvidia has emerged as a standout performer in the financial markets during the first half of 2024, with its stock soaring by an impressive 150%. This surge has notabl…

Inflation concerns loom over Australia's economic forecast

01 Jul 2024 - Higher-than-expected inflation will take at least 12 months to approach the Reserve Bank of Australia’s (RBA) target, raising doubts about Treasurer Jim Chalmers’ opt…

Australia's resource export earnings forecast to fall further

01 Jul 2024 - Australia's export earnings from natural resources dropped by roughly 10% over 2023-24 and are forecast to fall further in the coming year, according to the June quar…

China tightens rare earth regulations amid rising global competition

01 Jul 2024 - Are the growing number of rare earth projects in Australia and elsewhere starting to force China onto the back foot?

Wall Street banks announce higher dividends and buybacks after stress test

01 Jul 2024 - America’s eight banking giants revealed their capital management plans late Friday after the US Federal Reserve had cleared them in the latest stress test of the heal…

Stocks of the Hour: Wellard, Infini Resources, Argent Minerals

01 Jul 2024 - A snapshot of the stocks on the move, featuring Wellard (ASX:WLD), Infini Resources (ASX:I88) and Argent Minerals (ASX:ARD).

Anglo American shuts down Queensland mine after underground fire

01 Jul 2024 - Anglo American has closed an underground coal mine in central Queensland after a fire broke out over the weekend.

Warren Buffett's evolving estate plans

01 Jul 2024 - In a weekend media interview, Warren Buffett revealed a substantial change to his planning for his $US128 billion-plus estate, confirming that his three children will…

Market outlook for 2024-25

01 Jul 2024 - A significant 35-point drop is anticipated on the first day of ASX trading in the 2024-25 financial year, likely to become a frequent occurrence in the months ahead a…

Iron ore market insights

01 Jul 2024 - Global iron ore prices ended the 2023-24 financial year with a reasonable 11% gain.

Whats the outlook for commodities?

01 Jul 2024 - Gold dominated, reaching a record of $US2,454 an ounce on Comex in May, closing the month, quarter, and half-year at $US2,336.98—an increase of 0.06% for the week, do…

Current developments and future prospects in the global EV market

01 Jul 2024 - This week will see some important data and decisions emerge that will tell us a lot about the health of the global EV market and the strength of the auto transition.

Key events and data releases for early July 2024

01 Jul 2024 - Happy new financial year in Australia, and happy new quarter elsewhere. There is more drama from the French elections on Sunday and the UK polls this Thursday.

Oil prices face uncertainty amid geopolitical tensions

01 Jul 2024 - Oil prices start the new month, quarter, and financial year today on the back foot after a soft end to June.

Narrow gains drive Wall Street's solid first half

01 Jul 2024 - And now there are five, the so-called Magnificent Seven having dropped a couple of amigos on the way to driving Wall Street to a 14% plus gain in the six months to Ju…

US economic growth slows in Q1 2024

27 Jun 2024 - The slowdown in US economic growth in the first months of the year was confirmed overnight Thursday by the third and final estimate of GDP for the March quarter.

ANZ's acquisition of Suncorp's banking arm approved by Federal Treasurer

27 Jun 2024 - Federal Treasurer Jim Chalmers has approved ANZ's (ASX:ANZ) purchase of Suncorp’s (ASX:SUN) banking arm for $4.9 billion.

Ramelius Resources expands stake in Spartan Resources

27 Jun 2024 - Ramelius Resources (ASX:RMS) continues its patient expansion in the WA gold industry, putting a medium-sized boot on smaller rival Spartan Resources.

Australian job vacancy trends in May 2024

27 Jun 2024 - Job vacancy data for May support explanations about the continuing strength of the Australian labour market.

Lynas to invest $25 million in expanding rare earth product line

27 Jun 2024 - Lynas (ASX:LYC) is going to spend around $US25 million adding a new stream of rare earth products to the range produced at its Malaysian operation.

US Federal Reserve stress tests

27 Jun 2024 - The US Federal Reserve has given the country’s biggest banks, including some big regionals and credit card operators, a clean bill of health in its latest stress test…

Southern Cross Media Group declines proposal to acquire regional newspapers from ACM

27 Jun 2024 - Southern Cross Media Group (ASX:SXL) has walked away from the attempt by the unlisted Australian Community Media to rid itself of some of the biggest regional newspap…

Surprise 4% inflation reading sparks uncertainty and rate rise predictions in Australia

27 Jun 2024 - So, what’s the fallout from the surprise 4% annual reading of monthly inflation from the Australian Bureau of Statistics? There was the usual ‘rate rise looms’ knee-j…

Stocks of the Hour: Actinogen Medical, De Grey Mining, Cooper Metals

26 Jun 2024 - A snapshot of the stocks on the move, featuring Actinogen Medical (ASX:ACW), De Grey Mining (ASX:DEG) and Cooper Metals (ASX:CPM).

Struggling Star Entertainment appoints Steve Mccann as CEO

26 Jun 2024 - Star Entertainment (ASX:SGR), the struggling Sydney-based casino group, seems to have a more positive future with the confirmation of a much-tipped CEO, Steve McCann.

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