LA Private

May 2024

ASX down 0.42% near noon: Oil prices stabilise

Oil prices remained relatively stable throughout the week, with Brent trading slightly above $83 a barrel and West Texas Intermediate below $80, as the market focused on supply dynamics and inflation concerns. Despite lower US crude inventories and indications of easing inflation, conflicting reports on demand growth from organizations like the International Energy Agency contributed […]

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Biden hits Chinese EVs

Talk about a brave move—President Biden’s attack on the Chinese electric vehicle markets is nothing but a load of hot air; real Alice Through the Looking Glass material. Putting tariffs on something that is not there will have no impact whatsoever. Chinese export data shows that few, if any, electric vehicles have been exported to

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Why Chubb was on Buffett’s buffet

Warren Buffett’s $US6.7 billion move into the smaller insurer Chubb, controlled by a long-time family friend, dominated this week’s final quarterly data drop from the world’s most followed investor. Safe to say, the new investment is what investors focused on. It wasn’t as dramatic as some investors had wanted, nor was it a ‘control’ plunge

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Stocks of the Hour: PharmAust, Impact Minerals, Peregrine Gold

To register for today’s webinar click here. PharmAust (ASX:PAA & PAAOA) announced it has received Orphan Drug Designation (ODD) from the United States Food and Drug Administration for monepantel and its treatment of Motor Neurone Disease (MND). PharmAust’s application was based on preclinical mechanistic data that demonstrates MPL can induce autophagy in diseased cells, and

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Why capture carbon?

Dotz Nano Limited (ASX:DTZ) Director Glenn Kelly discusses the carbon capture market and the different technologies available. Paul Sanger: I’m Paul Sanger for the Finance News Network, and today I have the pleasure of speaking with Glenn Kelly, who is an industry expert in carbon capture technologies. Glenn Kelly has over 35 years of operational,

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Copper’s meteoric rise

Copper has emerged as a focal point for both data transmission and the investment strategies of those wary of inflation. Since early February, the red metal has experienced a remarkable surge in price, climbing over 26 percent on the London Metal Exchange and reaching record highs in the US. Despite its status as one of

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Record-setting day for Walmart

Stocks may have had a great opening on Wall Street Thursday, but they didn’t end well. The green (and record for the Dow) ended in the red. However, for the retail giant Walmart, it was a record-setting day as earnings and revenue topped all forecasts, defying gloom about weak consumer demand. The slowdown in retail

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