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Warren Buffett's Berkshire Hathaway reduces stake in Chinese EV giant BYD

26 Jun 2024 - For the second time this month, Warren Buffett’s Berkshire Hathaway has cut its holding in Chinese EV and battery giant BYD.

Tesla Cybertruck faces fourth recall amid disappointing sales

26 Jun 2024 - The Tesla Cybertruck EV costs around $100,000 USD and is a sales sluggard, according to data from the US government.

Volkswagen surprises market with $1 billion stake in Rivian

26 Jun 2024 - Volkswagen has sprung a major surprise by acquiring a $1 billion stake in the struggling U.S. EV maker Rivian, making the German giant the latest major company to par…

Mixed signals from iron ore

26 Jun 2024 - Buried in the production data from China’s National Bureau of Statistics for May were a couple of data points that tell different stories about the health of China’s …

Alkane Resources unveils ambitious five-year plan

25 Jun 2024 - Two weeks after issuing a downgrade, Alkane Resources (ASX:ALK) has followed through on a promise to release a new five-year development plan for its Tomingley gold m…

Pavel Tyka's bid for Coronado Global Resources falters

25 Jun 2024 - Billionaire Czech businessman Pavel Tykac's plan to buy a controlling stake in Australian-US coal miner Coronado Global Resources has collapsed. His family investment…

EZZ Life Science targets US expansion

25 Jun 2024 - EZZ Life Science Holdings (ASX:EZZ) has set its sights on the lucrative US market after securing regulatory clearance from the United States Food and Drug Administrat…

Stocks of the Hour: Helix Resources, TMK Energy, QX Resources

25 Jun 2024 - A snapshot of the stocks on the move, featuring Helix Resources (ASX:HLX), TMK Energy (ASX:TMK) and QX Resources (ASX:QXR).

Collins Foods sees strong 2023-24 performance

25 Jun 2024 - Shares in the fast food chain operator Collins Foods (ASX:CKF) jumped 10% to $10.30 on Tuesday after the company lifted its dividend following a very solid revenue an…

Nvidia's swift decline

25 Jun 2024 - How quickly the mighty fall, or a correction time for Nvidia so soon after reaching the top.

Cettire shares plummet after surprise downgrade reveals profit issues

24 Jun 2024 - Shares in online luxury goods seller Cettire (ASX:CTT) fell sharply on Monday after the company surprised investors with a downgrade. Upon closer inspection, it was r…

Star Entertainment shares fall after gloomy trading update

24 Jun 2024 - Star Entertainment (ASX:SGR) shares were down 7% at lunchtime Monday on the ASX after a pre-end-of-year trading update spelled out gloomy news for the embattled casin…

Lew's slow campaign to regain Myer control advances with potential deal

24 Jun 2024 - The final step in Solomon Lew’s slow campaign to regain control of Myer (ASX:MYR) - 35 years after his first attempt failed - has been set in motion with Myer issuing…

Stocks of the Hour: Encounter Resources, Myer Holdings, Cleanaway Waste Management

24 Jun 2024 - A snapshot of the stocks on the move, featuring Encounter Resources (ASX:ENR), Myer Holdings (ASX:MYR) and Cleanaway Waste Management (ASX:CWY).

Gold and commodities market recap

24 Jun 2024 - Gold might have gained early on Friday, but like oil, it eased as the session went on. However, similar to oil, it is still heading into the final week of the second …

US oil rigs decline as productivity drive continues amidst stable prices

24 Jun 2024 - Oil prices might have had a good week, but American companies continue to chase productivity with another cut to active rig numbers last week.

Big four banks drive ASX gains

24 Jun 2024 - Booming share prices for Australia’s big four banks - Commonwealth, NAB, ANZ, and Westpac - have saved investors from a miserable first half of 2024 and ensured the m…

EOFY scramble

24 Jun 2024 - The final week of the 2023-24 financial year, the second quarter of 2024, and the first half of the same year is approaching, so companies and investors are reviewing…

Pilbara Minerals plans $1.2 billion expansion to double lithium production

24 Jun 2024 - Pilbara Minerals (ASX:PLS), the country’s largest independent lithium producer, reckons around $1.2 billion will double its lithium spodumene production capacity at i…

Nvidia's influence and economic indicators shape investor sentiment

24 Jun 2024 - Nvidia dragged Wall Street markets lower on Friday, but they still ended the week higher, albeit a bit stretched.

Stocks of the Hour: Enova Mining, Marmota, K2fly

21 Jun 2024 - A snapshot of the stocks on the move, featuring Enova Mining (ASX:ENV), Marmota (ASX:MEU) and K2fly (ASX:K2F).

Mosaic Brands facing losses

21 Jun 2024 - Women’s fashionwear chain owner, Mosaic Brands (ASX:MOZ), has joined the emerging list of retailers (including KMD and City Chic) confessing to weak trading and possi…

KMD Brands struggling

21 Jun 2024 - Outdoor clothing chain KMD Brands (formerly Kathmandu) has battened down the hatches with the end of the financial year in sight, as a sales recovery stalls and earni…

Trump Media shares plummet amid high turnover

21 Jun 2024 - The sell-off in Trump Media accelerated Thursday, with shares losing 15% in a day of high turnover.

Central banks update

21 Jun 2024 - There were two not unexpected results from meetings of two major central banks on Thursday—the Bank of England and the Swiss National Bank.

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