Company News /
by Glenn Dyer -
2 years ago
24 Oct 2023 - The US Department of Justice is reportedly expanding its inquiry into Tesla's business practices, adding to the pressure on Elon Musk and the company's board.
Company News /
by Glenn Dyer -
2 years ago
24 Oct 2023 - Despite oil prices reaching multi-year highs, Chevron Corp announced on Monday its intention to acquire its smaller US rival, Hess Corp, in a $53-billion all-stock de…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - Treasury Wine Estates (ASX:TWE) has announced its readiness to re-establish its presence in the Chinese market, particularly for the premium Penfolds wines, following…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - South32 (ASX:S32) may have reaffirmed its 2023-24 production guidance, despite an 18% drop in coking coal production in the first quarter. However, this confidence ha…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - Lynas Rare Earths (ASX:LYC) surprised investors on Friday with news of its plan to shut down all operations in Malaysia, except for a mixed rare earth carbonate proce…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - Chile's global lithium giant, SQM, continues to enhance its Australian holdings, having recently acquired a 30% stake in the Calidus Resources Pilbara lithium project…
Company News /
by Abbey Phillipps -
2 years ago
23 Oct 2023 - A snapshot of the stocks on the move, featuring Immutep (ASX:IMM; NASDAQ:IMMP), Chimeric Therapeutics (ASX:CHM) and Sayona Mining (ASX:SYA; OTCQB:SYAXF).
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - The two companies, the only listed wine companies on the ASX, have seen their share prices impacted by punitive tariffs on wine imports from Australia. Despite Treasu…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - Crunch week this week and next, as the six of the so-called "Magnificent Seven" stocks - Apple, Microsoft, Alphabet, Amazon, Nvidia, and Meta Platforms - release thei…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - Last week's 'me too' ASX sell-off, following Wall Street's decline, is expected to persist today, with the futures market projecting a 65-point drop as trading resume…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - Last week, US bond yields surpassed 5%, jumping 30 points in just a week. This week, interest rate concerns are poised to remain the primary driver of market dynamics…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - Interest rates are once again in the spotlight this week, with two public appearances by the new Reserve Bank Governor, Michelle Bullock, and two crucial updates on i…
Company News /
by Glenn Dyer -
2 years ago
23 Oct 2023 - Gold, oil, and interest rates dominated commodity markets last week as all three surged for a mixture of reasons. The US dollar was stronger as well, yet the stronger…
Company News /
by Glenn Dyer -
2 years ago
20 Oct 2023 - BlueScope Steel (ASX:BSL) has, at long last, downgraded first-half earnings, weeks after US-based steel rivals revealed cuts to their forecasts and actuals due to wea…
Company News /
by Glenn Dyer -
2 years ago
20 Oct 2023 - In the September quarter, Rio Tinto (ASX:RIO) once again secured its position as the world's largest iron ore shipper. Meanwhile, Vale, its Brazilian rival, reclaimed…
Company News /
by Glenn Dyer -
2 years ago
20 Oct 2023 - US 10-year bond yields came within a hair’s breadth of breaching the 5% level on Thursday, and gold futures prices moved closer to the $2,000 level after Fed Chair Ja…
Company News /
by Glenn Dyer -
2 years ago
20 Oct 2023 - Liontown Resources (ASX:LTR) has secured a $1.13 billion funding package to complete its flagship Kathleen Valley lithium project, following the collapse of a $6.6 bi…
Company News /
by Glenn Dyer -
2 years ago
19 Oct 2023 - The Australian Competition and Consumer Commission (ACCC) has scored a significant victory over Qantas as the airline called off its $611 million takeover of the smal…
Company News /
by Glenn Dyer -
2 years ago
19 Oct 2023 - According to media reports this morning, Liontown Resources (ASX:LTR) is in some trouble with funding, as evidenced by discussions of "emergency" equity and debt rais…
Company News /
by Glenn Dyer -
2 years ago
19 Oct 2023 - Standard Lithium Ltd. (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading player in the near-commercial lithium sector, has taken a significant step forward in its qu…
Company News /
by Glenn Dyer -
2 years ago
19 Oct 2023 - Tesla's results for the three months ending in September weren't impressive, especially when compared to Netflix, which pleasantly surprised the market. However, they…
Company News /
by Glenn Dyer -
2 years ago
19 Oct 2023 - Netflix has once again defied gloomy analysts and investors by revealing a surge in subscriber numbers, thanks to the introduction of the ad-supported cheaper streami…
