February 8, 2024

Google has announced a significant rebranding of its AI chatbot and assistant, formerly known as Bard, unveiling it as Gemini. The rebrand comes alongside the launch of a new app and subscription options for users. Gemini, a key competitor to OpenAI’s ChatGPT, shares its name with the suite of AI models powering the chatbot. The […]

The S&P 500 finished little changed on Thursday after briefly topping the 5,000 milestone for the first time on record. The broad-based index edged up 0.06 per cent to finish at 4,997.91 after reaching a high of 5,000.40 heading into the close. The Dow Jones Industrial Average rose 48.97 points, or 0.13 per cent, to

One way to slow or halt stock market uncertainty is to call a holiday. Usually, that ends up being bad news because when trading resumes, the slide continues and even deepens. Regardless of what happens, for China’s shattered stock markets, the week-long break for the Lunar New Year couldn’t come too soon on Thursday. Markets

QX Resources Limited (ASX:QXR) Managing Director Steve Promnitz discusses movements in the lithium price and recent drill results. Paul Sanger: We’re talking today with QX Resources (ASX:QXR), and QXR has a market cap of around $29m. QX Resources is focused on exploration and development of battery minerals with hard rock lithium assets in a prime

On Thursday, the benchmark S&P/ASX 200 rose 0.3% to 7638.4 points, with the utilities sector up 1%, led by AGL Energy’s 10.3% surge after reporting a profit of $576 million for the six months to December. Cochlear also impressed investors, raising its earnings guidance for 2024, while REA Group’s caution about higher operating expenses led

Another month of falling consumer and producer prices in China underscores the country’s weak activity and demand. However, a slight silver lining emerged in the consumer price data. Data from the National Bureau of Statistics (NBS) revealed that the country’s Consumer Price Index fell by 0.8% in January, marking the fourth consecutive month of headline

In August, Charter Hall Long WALE REIT indicated its intention to sell assets to manage gearing after suffering significant write-downs and asset devaluations, leading to a loss of $189 million for the 2022-23 financial year. The driver behind this loss was a $362.7 million downward revaluation of its $6.8 billion portfolio, including office buildings, warehouses,

Mark Freeman, Managing Director, CEO and Portfolio Manager of AMCIL (ASX:AMH), discusses FY24 half-year results.  Geoff Driver: Welcome. My name’s Geoff Driver, General Manager, Business Development and Investor Relations for AMCIL Limited. I have with me today Mark Freeman, who’s the CEO and Managing Director of AMCIL, but also the Portfolio Manager for AMCIL Limited.

CEO and Managing Director Mark Freeman and Portfolio Manager David Grace discuss the FY24 half-year results of Australian Foundation Investment Company (ASX:AFI).  Geoff Driver: Welcome. My name’s Geoff Driver, General Manager, Business Development and Investor Relations for Australian Foundation Investment Company. I have with me today Mark Freeman, the CEO and Manager Director of Australian

In the midst of ongoing confusion surrounding Sydney’s troubled Rozelle traffic interchange, Transurban (ASX:TCL), the toll road giant, remains resolute in its financial projections. Despite the interchange’s tumultuous reception since its late 2023 opening, the Melbourne-based company is forecasting a robust 7% rise in distributions for the fiscal year ending June. CEO Michelle Jablko, in