May 2, 2024

You know Apple’s board and management understand the trouble the company is in with investors. Why else would it, after a better-than-expected set of figures for the March quarter, boost dividends and announce a record buyback? The shares jumped 7% in after-hours trading after a 2.2% gain in the regular session Thursday. This is precisely […]

BYD, the world’s biggest maker of electrified vehicles, didn’t escape the fallout from China’s EV price wars in the first quarter of 2024. While sales continue to grow, the first-quarter financials show a noticeable slowdown from the boom at the end of 2023. The giant this week reported its second-highest on-record sales last month, despite

Strong earnings and softer treasury yields ease investor concerns further, as Megacap Tech stocks lead markets higher. The Dow Jones finished the day 0.85 per cent higher, the S&P 500 rose 0.91 per cent and the Nasdaq surged 1.51 per cent on the day. In company news, Chipmaker Qualcomm rallied 9.7 per cent on better-than-expected

Building approvals rose in March, but the trade account saw a larger-than-forecast fall in the size of the goods surplus for the month. Data from the Australian Bureau of Statistics again showed that the weak run of commodity prices in the first months of the year impacted the size of the goods surplus, which fell

Beacon Events, a leader in delivering global conferences, is pleased to announce the launch of Mining, Metals and the Circular Economy, a comprehensive conference that will provide industry stakeholders with an understanding of the role, impact, and benefits of a circular economy across the entire mining value chain. The event will take place alongside International

Companies discussed include: TechnologyOne (ASX:TNE)Smart Parking (ASX:SPZ)

At the closing bell, the S&P/ASX 200 was 0.23 per cent higher at 7,587, as National Australia Bank exceeded analysts’ expectations with a $3.55 billion cash profit, while US markets remained mixed following the Federal Reserve’s decision to maintain interest rates and Chairman Powell’s indication of unlikely further rate hikes. Meanwhile, Woolworths faced a 4.2

The 30%-plus plunge in the Bapcor (ASX:BAP) share price after Thursday’s trading update told the story of why incoming CEO, Paul Dumbrell, recoiled and quit the gig a day before he was due to start on May 1. In short, the update confirmed the bad news of a plunge in project profits, and the shares

Australian shares showed resilience, edging higher on Thursday morning despite concerns about prolonged higher interest rates, with the S&P/ASX 200 up 0.2%. National Australia Bank saw a modest increase despite a decline in cash profit, while Woolworths experienced a significant drop of 3.9% due to lower-than-expected half-year profit. Meanwhile, US sharemarkets had a volatile session,

To register for Friday’s webinar click here. Krakatoa Resources (ASX:KTA) has announced that new niobium-REE gravity target has been identified at Mt Clere. The assays show an extensive 40 km long target catchment area potentially prospective for alkaline intrusive systems including carbonatites. Shares are trading 72.73 per cent higher at 1.9 cents. Immutep (ASX:IMM; NASDAQ:IMMP)