November 19, 2024

US markets closed mixed overnight recovering from early weakness related to escalating tensions in the Ukraine conflict. The Dow Jones Industrial Average fell by 0.28 per cent, to end at 43,268.94 while Nvidia shares helped the Nasdaq to finish the day stronger. The Nasdaq composite gained 1.04 per cent to finish at 18,987.47, the S&P 500 […]

European stocks declined on Tuesday as geopolitical tensions spiked following President Vladimir Putin’s revision of Russia’s nuclear doctrine in response to Ukraine’s use of US-made long-range missiles. The Stoxx Europe 600 index dropped 0.5%, hitting its lowest level in over three months, while Germany’s DAX and France’s CAC 40 each fell 0.7%. The FTSE 100

Walmart (NYSE: WMT) has delivered another strong quarterly performance, exceeding expectations for the third quarter of fiscal year 2025 and raising its guidance for the full year. The retail giant’s results were driven by robust sales growth across its physical and digital channels, supported by value-conscious consumers navigating inflationary pressures. The company reported revenue of

4DMedical (ASX:4DX) has announced a three-year contract with UC San Diego (UCSD) Health, ranked among the top 10 US hospitals for respiratory care. This agreement brings 4DMedical’s innovative lung imaging technology into clinical use at one of the nation’s leading medical centres. 4DMedical’s XV Technology transforms how respiratory function is assessed. Traditional imaging techniques, like

SEEK (ASX:SEK), a leading online employment marketplace, held its 2024 Annual General Meeting today. The company presented its FY25 guidance and trading update, highlighting its focus on the Asia-Pacific (APAC) region. This strategic emphasis follows the sale of its Latin American assets in mid-2024, allowing the company to concentrate on markets where it holds a

SRG Global (ASX:SRG) has secured $700m in contracts across Australia and New Zealand. The company offers diversified infrastructure services, specialising in engineering, construction and maintenance. It delivers critical solutions across the entire asset lifecycle for industries such as water, transport, health, resources and dairy.  The newly announced contracts span multiple sectors and include key repeat

Sayona Mining (ASX:SYA) and Piedmont Lithium (ASX:PLL) have announced an all-stock merger, and will form North America’s largest producer of hard rock lithium. This deal will see the two companies combine resources, creating a new entity, “MergeCo”, with a 50/50 ownership split immediately following the transaction. The merger aims to simplify corporate structures, improve economics

Meteoric Resources (ASX:MEI), a Perth-based exploration company that focuses on the development of rare earth materials, has announced the appointment of Stuart Gale as its new Managing Director and Chief Executive Officer, effective immediately. Gale, who joined the company in April 2024, steps up from his role as General Manager – Commercial. He succeeds Nick

ALS (ASX:ALQ) has reported underlying revenue of $1.46bn for the half year ending 30 September 2024, up 14% year-on-year. Growth was driven by robust performance in the Life Sciences division, which saw revenue climb 25.6%, offsetting softer conditions in the Commodities division. Statutory net profit after tax (NPAT) declined 5% to $126.8m due to acquisition-related

TechnologyOne (ASX:TNE) has reported a profit before tax of $152.9m for the financial year ending 30 September 2024, an 18% increase year-on-year. The result outperformed earlier guidance of 12–16% growth, marking the company’s 15th consecutive year of record profits, revenues, and SaaS fees. TechnologyOne, headquartered in Brisbane, is Australia’s largest provider of software for managing