Finance News Network

News by Adrian Tan

Adrian Tan

Harris vs Trump: Where to buy in and cash out

06 Nov 2024 - Kamala Harris and Donald Trump offer, at least on face value, very different economic platforms, with different investment opportunities. Here's a general guide on wh…

Apple faces landmark EU fine as Digital Markets Act bites

05 Nov 2024 - Apple may soon be hit with the first major fine under the European Union’s Digital Markets Act. The decision, expected this month, could see Apple facing a fine that …

Neuren receives U$50m boost from FDA voucher sale

05 Nov 2024 - Neuren Pharmaceuticals (ASX:NEU) is set to receive a substantial payout following the sale of a Rare Pediatric Disease Priority Review Voucher for $US150m.

Only on Domain: Revenue rises as digital leads the way

05 Nov 2024 - Domain Holdings Australia (ASX:DHG) provided a positive trading update during its 2024 Annual General Meeting, held today, reporting steady revenue growth driven by d…

Goodman Group sees steady demand in data centre projects

05 Nov 2024 - Goodman Group (ASX:GMG), a global industrial property developer, has released its Q1 FY2025 operational update, reporting robust demand in its logistics and data cent…

CashGPT? OpenAI in talks to shift from nonprofit to for-profit structure

05 Nov 2024 - OpenAI, the artificial intelligence company behind ChatGPT, is reportedly in early discussions with regulators in California and Delaware to transition from a nonprof…

Cleared for take-off: Strike turbulence clears as Boeing workers settle for 38% pay lift

05 Nov 2024 - Boeing workers have voted to end a seven-week strike after accepting a new pay offer that includes a 38% wage increase over the next four years.

Inflation concerns keep RBA's cash rate steady

05 Nov 2024 - At its meeting today, the Reserve Bank of Australia Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Sett…

Two years cancer-free: Imugene's breakthrough VAXINIA therapy

05 Nov 2024 - A patient with bile tract cancer in the trial has now maintained a complete response for over two years.

Domino's CEO announces retirement after 22 years

05 Nov 2024 - Domino's Pizza Enterprises (ASX:DMP) has announced the retirement of its long-serving CEO, Don Meij, effective 6 November 2024.

Oil climbs as OPEC+ extends production cuts through December

05 Nov 2024 - Oil prices edged up on Monday after OPEC+ announced it would delay a scheduled increase in oil output by another month, aiming to support prices amid recent declines.

Buffett trims Apple holdings as Berkshire's earnings dip

05 Nov 2024 - Warren Buffett's Berkshire Hathaway’s third-quarter operating earnings dropped by over 6% to US$10.09 billion, driven by weakness in the company's insurance underwrit…

Gold steadies as US election and Fed decision loom

05 Nov 2024 - Gold prices held steady on Monday as traders prepared for two major events that could sway the market — the US presidential election and the Federal Reserve’s interes…

Governance overhaul at Mineral Resources as CEO faces financial penalties

04 Nov 2024 - In a report issued on 4 November 2024, the company disclosed that its Managing Director, Chris Ellison, will face financial penalties and that an accelerated leadersh…

NEXTDC secures $2.9bn debt facility

04 Nov 2024 - NEXTDC (ASX:NXT) has announced a new $2.9bn debt facility aimed at supporting its ongoing expansion efforts and strengthening its financial position.

Strong Q1 for AVJennings with 29% settlement lift

04 Nov 2024 - AVJennings (ASX:AVJ) has released its first-quarter business update for FY25, reporting a 29% increase in settlements compared to the prior corresponding period.

Westpac profit down 3%, but dividend up 4 cents

04 Nov 2024 - Westpac Banking Corporation (ASX:WBC) has announced its full-year financial results for 2024, with dividend bump and NPAT slightly exceeding expectations.

Swing state showdown and the road to 270

03 Nov 2024 - Betting markets and fundamental analyses are diverging from traditional polls, adding layers of unpredictability to an election too close to call.

Despite losses, Intel surges on fourth-quarter guidance

01 Nov 2024 - Intel (NASDAQ: INTC) stock rose over 8% on Friday, following the company’s third-quarter earnings release. This is despite Intel reporting a US$16.6bn loss for the qu…

Q1 profits rise as Amcor wraps its strategy around cost control

01 Nov 2024 - Amcor (ASX:AMC, NYSE:AMCR), a global leader in packaging solutions, reported first-quarter results for the 2025 fiscal year, showing sequential growth driven by its F…

Tower sees leadership change after digital growth milestones

01 Nov 2024 - Tower (ASX:TWR), a New Zealand-based insurer specialising in both Kiwi and Pacific Island markets, announced today that CEO Blair Turnbull will step down in February …

Capstone Copper delivers solid Q3, but revises guidance amid ramp-up delays

01 Nov 2024 - Capstone Copper (ASX:CSC, TSX:CS) has reported a productive third quarter for 2024, underscoring its ongoing transformation and growth across key projects.

Macquarie profit climbs on asset management fees, but growth slows in commodities

01 Nov 2024 - Macquarie Group (ASX:MQG) has announced a 14% year-on-year increase in half-year net profit after tax to A$1.61bn for the period ending 30 September 2024, driven larg…

Apple tops Q4 expectations, but market reacts cautiously

01 Nov 2024 - Apple released its fiscal fourth-quarter 2024 results on 31 October, marking a 6% year-over-year revenue increase to US$94.9bn, which slightly exceeded analyst expect…

Uber's revenue takes the wheel, but bookings miss a turn

01 Nov 2024 - Despite positive figures, Uber is currently down around 9.3% following its Q3 earnings announcement.

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