August 22, 2023

Australian-Argentinian lithium conglomerate Allkem (ASX:AKE) has positioned itself favorably for an impending merger with its US-based counterpart, Livent, following the disclosure of its robust 2022-23 financial performance. Allkem reported a full-year profit of $524.6 million USD ($817 million AUD) ahead of a crucial shareholder vote on its upcoming union with Livent, slated for later this […]

Contrary to sensational headlines, the 37% drop in earnings and subsequent dividend reduction from BHP (ASX:BHP), the global resources company, shouldn’t come as a shock. The company’s first-half earnings for the fiscal year 2022-23 plunged by 32% to $6.457 billion USD, reflecting a 16% decline in revenue, which settled at $25.7 billion USD. As a

At noon, the S&P/ASX 200 is 0.07 per cent lower at 7,110.50, due to losses by key stocks offset a rally in technology shares. The technology sector mirrored Wall Street’s strong performance, achieving a notable uptick of 5.6%. Altium demonstrated an impressive surge of 27% (ASX:ALU), reaching $46.93, while Megaport (ASX:MP1) also excelled with a