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Stocks of the Hour: Immutep, INOVIQ, Eastern Metals

03 Jun 2024 - A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), INOVIQ (ASX:IIQ) and Eastern Metals (ASX:EMS).

Fletcher Building secures financial lifeline

03 Jun 2024 - Struggling Fletcher Building (ASX:FBU) obviously foresees current struggles persisting for the next 18 months to two years, judging by Monday’s announcement that its …

Synlait's financial challenges and road to recovery

03 Jun 2024 - Another struggling Kiwi-listed company is Synlait (ASX:SM1); its market position has deteriorated with weaker sales, high costs, and a major falling out with its majo…

Stay active and buy the dip in June

03 Jun 2024 - Investors would do well to take advantage of annual market volatility in June and buy on the dip, according to Emanuel Datt, chief investment officer of Datt Capital.

OPEC+ struggles to maintain market power

03 Jun 2024 - OPEC+ may have agreed on Sunday to extend a voluntary production cut of 2.2 million barrels of crude oil a day deep into next year, but that is an acknowledgment that…

Mixed signals in American retail

03 Jun 2024 - The headlines from American retailing for the first quarter of 2024 told a very mixed picture - lots of cold, some hot, and little in between for many chains.

Gold sees fourth consecutive monthly gain

03 Jun 2024 - Gold had a fourth straight monthly gain in May, and its supporters think it will gain again in the coming days, particularly during the first trading week of June. Th…

May ends with mixed results amidst inflation uncertainty

03 Jun 2024 - So where do markets go on the first day of the new month (and for many companies, the final month of the second quarter and the 2023-24 financial year)?

A pivotal week awaits Australia's economy and markets

03 Jun 2024 - Big week ahead for the Australian economy and markets. The first-quarter economic growth will be out midweek, but before then, the 2024 National Wage rise will be rev…

Interest rate decisions, economic data, and election results dominate global news

03 Jun 2024 - Two interest rate moves are up for decision this week: US jobs data for May, Chinese trade data (also for May), and Australian economic growth for the first quarter.

Guzman y Gomez to make ASX debut with $242.5 million IPO

31 May 2024 - Guzman y Gomez (GYG), the renowned fast-food chain, has revealed its plans to debut on the Australian Securities Exchange (ASX) in June, marking a significant milesto…

Stocks of the Hour: Telix Pharmaceuticals, AVITA Medical, EZZ Life Science

31 May 2024 - A snapshot of the stocks on the move, featuring Telix Pharmaceuticals (ASX:TLX), AVITA Medical (ASX:AVH) and EZZ Life Science (ASX:EZZ).

Will Nvidia join the Dow?

31 May 2024 - After next Thursday, June 7, S&P Global has a seriously hard problem to resolve: does it start thinking about including Nvidia in the Dow, Wall Street's oldest and mo…

Brookfield makes bold move to become Australia's largest renewable energy owner

31 May 2024 - Brookfield, a Canadian investment giant, has set its sights on becoming the foremost player in Australia's renewable energy sector with a monumental $10 billion bid t…

Dell's latest quarterly report: AI and server growth overshadowed

31 May 2024 - The headline figures from Dell Technologies in its latest quarterly report, issued Thursday after hours, suggested AI and server 'boom,' but on closer scrutiny, inves…

Assessing current trends in the US economy

31 May 2024 - The US economy is still growing, and the job market appears to be solidly underpinned by low unemployment, according to the latest GDP and unemployment benefit claims…

Surging demand for data centers offsets weakening mining investment in Australia

30 May 2024 - Surging demand from AI and various other data needs for cloud computing and data centers is more than offsetting weakening investment from mining, which has tradition…

Shrinking big oil: M&A and the future of energy

30 May 2024 - Big Oil is shrinking as its options contract. Breathless reporting and market analysts trumpet takeovers in the oil and gas sector as something positive, but those do…

Stocks of the Hour: Nanoveu, Anson, Prospect Resources

30 May 2024 - A snapshot of the stocks on the move, featuring Nanoveu (ASX:NVU), Anson (ASX:ASN) and Prospect Resources (ASX:PSC, FRA:5E8).

Hybrid vs. electric: Shifting gears in the automotive industry

30 May 2024 - Two product releases this week - one in northern China, the other in Tokyo, could very well help mark the end of the headless rush into pure electric vehicles or BEVs…

Westgold Resources secures strategic alliance with Ora Gold

30 May 2024 - Westgold Resources (ASX:WGX) has secured nearly a quarter of a million ounces of gold in its WA home base region through a $6 million deal with Ore Gold.

Australian beef exports to China resume following suspension

30 May 2024 - Agriculture Minister Murray Watt has confirmed that five major Australian beef exporters, previously suspended from exporting meat to China, can now resume their oper…

BHP withdraws bid for Anglo American

30 May 2024 - BHP (ASX:BHP) shares rose slightly after it withdrew from its attempt to buy Anglo American, but the latter’s shares fell nearly 4% in the wake of its refusal to cont…

ConocoPhillips acquires Marathon Oil in $22.5 billion all-stock deal

30 May 2024 - ConocoPhillips has agreed to acquire Marathon Oil in an all-stock deal valued at $22.5 billion, including debt, as consolidation continues to reshape the US oil secto…

NOVONIX completes independent engineering assessment of Riverside facility

07 Jun 2024 - NOVONIX (NASDAQ:NVX, ASX:NVX), a prominent figure in battery materials and technology, has reached a significant milestone with the completion of an independent engin…

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