August 2024

Fashion jewellery retailer Lovisa (ASX:LOV) shares plummeted sharply on Tuesday after the company’s 2023-24 results were met with disappointment by analysts and investors. While the results aligned with market forecasts, showing double-digit increases in sales and earnings, these gains were primarily driven by store expansion rather than improved performance in existing stores. Lovisa is an […]

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses house prices. Key pointsPredictions of an Australian house price crash create lots of interest but have been a dime a dozen over the last 20 yrs.However, there is more to the surge in property prices than easy money with a supply shortfall

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses house prices. Key pointsPredictions of an Australian house price crash create lots of interest but have been a dime a dozen over the last 20 yrs.However, there is more to the surge in property prices than easy money with a supply shortfall

To register for Friday’s webinar click here. Antilles Gold (ASX:AAU, OTCQB:ANTMF) has hit multiple 20m intercepts with +1.2% to 1.7% Cu from the in-fill drilling Nueva Sabana oxide deposit, Cuba. An updated Mineral Resource Estimate for the proposed Nueva Sabana mine is expected to be completed next month by Brisbane based Mining Associates. Shares are

The Australian sharemarket has seen a modest decrease and at 11:35am, the S&P/ASX 200 is 0.04 per cent lower at 8,080.90, following a mixed session on Wall Street where investors weighed earnings reports from major Australian companies. Despite declines in six of the index’s 11 sectors, significant gains in energy and mining stocks, fuelled by

Lithium Universe Limited (ASX:LU7) CEO Alex Hanly provides an update on the company, discussing collaboration with the W8banaki, listing on the Frankfurt stock exchange and the OTC Markets and outlook. Peter Milios: I’m Peter Milios from the Finance News Network, and today I’m talking with Lithium Universe (ASX:LU7). Lithium Universe, trading under the ASX code

Nvidia is set to report on Wednesday that its quarterly sales have more than doubled, even as year-over-year growth begins to decelerate. This makes it one of the most closely watched earnings reports on Wall Street. Analysts anticipate the U.S. chipmaker will announce $28.7 billion in revenue for the quarter, reflecting a 100% increase compared

Mining executives are urging caution as forecasts suggest the industry may be on the brink of a mergers and acquisitions (M&A) boom. They warn against repeating the costly mistakes of the past, such as the disastrous acquisition made by Rio Tinto’s (ASX:RIO) former CEO, Tom Albanese. Albanese was ousted in 2013 following Rio’s $38 billion

ExxonMobil has projected that global oil demand will remain above 100 million barrels per day by 2050, suggesting the global energy transition will not sufficiently reduce reliance on fossil fuels. The U.S. oil giant predicts this demand could lead to a new global oil shock, with crude prices potentially quadrupling in value as supply dwindles,

Seemingly unnoticed by the bears, particularly in Australia, iron ore prices surged on Monday, regaining the $US100 per tonne level on the SGX trading platform in Singapore. 62% Fe fines ended the day at $US100.25 per tonne, a 5.3% increase from Friday’s close of $US96.11. This return above the $US100 per tonne mark ended an