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Tesla's price cuts in multiple markets lead to 35% earnings slump in 2023

25 Jan 2024 - Tesla's price cuts in China, the US, and Europe resulted in a 35% earnings slump in 2023, reducing profits to $8.89 billion, and impacting the company's operating mar…

China's central bank announces measures to boost markets

25 Jan 2024 - No interest rate relief this week or last from the People’s Bank of China, but the country’s central bank rolled out a second-best move: a cut in the reserve ratio fo…

Major Aust Ag shareholder convicted of insider trading in US court

25 Jan 2024 - The biggest shareholder in Australian Agricultural Co, 86-year-old Joe Lewis, who holds a 52% stake in Aust Ag through his company, Tavistock Group, has been convicte…

Lithium price slide: Pilbara Minerals warns of dividend cut

24 Jan 2024 - Pilbara Minerals (ASX:PLS) has warned investors not to expect an interim dividend as it grapples with the slide in lithium prices that has seen the value of its spodu…

Stocks of the Hour: Newmark Property REIT, Harvest Technology Group, NickelSearch

24 Jan 2024 - A snapshot of the stocks on the move, featuring Newmark Property REIT (ASX:NPR), Harvest Technology Group (ASX:HTG) and NickelSearch (ASX:NIS).

Woodside Energy eyes revenue boost in 2024

24 Jan 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 price…

BWP plans to acquire Newmark Property in $247 million deal

24 Jan 2024 - Bunnings 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 ov…

icetana reports strong growth in Q2 FY24 with record revenue and expansion

24 Jan 2024 - icetana Limited (ASX: ICE), a leading artificial intelligence video analytics software company that aids security and IT teams in managing large-scale surveillance ne…

Netflix boosts Wall Street with surprising subscriber growth

24 Jan 2024 - Netflix is set to propel Wall Street higher when trading resumes on Wednesday, following the streaming giant's remarkable performance in adding more subscribers than …

China considers $320 billion rescue package amid market slump

24 Jan 2024 - The 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 schem…

Elementos quarterly update: Maiden zinc resource at Oropesa Tin Project

23 Jan 2024 - In 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 regulate…

Prices for Australian lithium expected to continue declining with increased Chinese competition

23 Jan 2024 - Prices for Australian lithium are set to face further downward pressure, and the competition from Chinese miners is expected to intensify, according to a recent analy…

Magmatic Resources re-evaluates Myall copper gold prospect

23 Jan 2024 - In a surprise announcement, small explorer Magmatic Resources is revisiting its Myall copper gold prospect in the NSW Central West, near Alkane, Evolution, and Newmon…

Economic activity slows over Christmas-New Year break

23 Jan 2024 - Economic activity slowed over the Christmas-New Year break, according to the first business survey from the National Australia Bank, released on Tuesday. However, bus…

True North Copper's deal with Glencore soars shares by almost 40%

23 Jan 2024 - In 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…

BHP faces tough decisions amidst falling nickel prices

23 Jan 2024 - The 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 c…

Stocks of the Hour: Cobre, Hot Chili, Aspen Group

23 Jan 2024 - A snapshot of the stocks on the move, featuring Cobre (ASX:CBE), Hot Chili (ASX:HCH) and Aspen Group (ASX:APZ).

China and Japan maintain monetary status quo

23 Jan 2024 - Once again, the markets told the story on Monday as China and Japan considered monetary policy, with the status quo emerging as the winner.

China's stock markets drop amidst uncertainty over interest rates

23 Jan 2024 - On 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…

Perseus challenges Silvercorp's takeover of OreCorp with full cash offer

22 Jan 2024 - Cashed-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…

High grades confirmed at Wind Break

22 Jan 2024 - ABx Group (ASX:ABX) has announced high-grade results emerging from the first drilling campaign at the Wind Break deposit.

Lynas reveals 40% decline in rare earths production

22 Jan 2024 - Lynas (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 qua…

Appen shares plummet as Google terminates contract

22 Jan 2024 - On Monday, the tech sector witnessed another dramatic downturn, as shares in Appen (ASX:APX) slumped by 37%, adding to the bloodshed in the market.

Stocks of the Hour: ABx Group, Evolution Energy Minerals, Koba Resources

22 Jan 2024 - A snapshot of the stocks on the move, featuring ABx Group (ASX:ABX), Evolution Energy Minerals (ASX:EV1) and Koba Resources (ASX:KOB).

Liontown Resources faces funding woes

22 Jan 2024 - In 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…

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