LA Private

January 2024

Linius deploys Whizzard 2.0 in partnership with IMG Video Archive

Linius Technologies (ASX:LNU) has achieved a significant milestone by deploying its advanced video product, Whizzard 2.0, in collaboration with IMG, the global sports and media conglomerate. This strategic move positions Linius at the forefront of the video market. Whizzard 2.0: A Game-Changing Innovation Whizzard 2.0, introduced by Linius, represents a noteworthy innovation in the sports

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ASX down 0.63% as retail sales fall short of expectations

Retail sales in December dropped by 2.7%, falling short of the expected 1.9% decline, indicating that consumers reduced their spending ahead of Christmas. This trend suggests a continued shift in end-of-year shopping habits towards November, driven by Black Friday and Cyber Monday sales, while annual sales for December increased by 0.8%. At noon, the S&P/ASX

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Stocks of the Hour: Loyal Lithium, Riversgold, Australian Rare Earths

Loyal Lithium (ASX:LLI) has announced that the winter drilling campaign is underway at the Trieste Lithium Project in the James Bay region of Québec, Canada. The focused low-cost drilling program aims to cover up to 2,500m and target the prominent spodumene bearing pegmatite dykes of Dyke #04 and Dyke #05. Shares are trading 16.28 per cent

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Linius Technologies hits milestone: Live with IMG and Peach Belt Conference

Paul Sanger: I’m Paul Sanger for the Finance News Network, and today I’m talking with Linius Technologies, ASX code LNU, and they have a market gap around 10 million. Linus is a global software as a service company headquartered in Australia and operations in London, New York, and Europe. Linius has invented and patented the video

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Albemarle cuts 300+ jobs amid Greenbushes mine cutback and price changes

A day after IGO (ASX:IGO) revealed a production cutback at the massive Greenbushes lithium mine in southwest WA and introduced a revised pricing structure to lower the effective selling price, one of its mine partners, the US giant Albemarle, reportedly laid off over 300 employees worldwide. The IGO announcement stated that the new pricing mechanism

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S&P 500 soars to record high amid mega-cap tech earnings and Fed decision

The S&P 500 rose Monday and headed for a fresh record high as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. This week marks the busiest slate of the earnings season, with 19 per cent of the S&P 500 reporting earnings. Mega-cap tech names Microsoft, Apple, Meta,

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ASX closes 0.3% higher: Energy stocks surge amid rising tensions in middle east

Australian sharemarket extended its winning streak for the sixth consecutive day, with the S&P/ASX 200 rising 0.3% to 7578.4 points, primarily driven by a 1.8% surge in energy stocks due to rising oil prices amid escalating tensions in the Middle East, in which there were two separate attacks, where Iran-backed militants killed US troops in Jordan

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