Mineral Resources (ASX:MIN) shares were justifiably sold down on Thursday after the company quietly released its 2023-24 results late in the evening, revealing the shocking news that it was dropping its final dividend. Additionally, the Perth-based lithium, iron ore, and energy group reported an 80% fall in annual profit and announced it was hunkering down […]
MinRes shares hit two-year low Read More »
The wheels well and truly fell off the finances of luxury online retailer Cettire (ASX:CTT), and investors once again punished the former high-flyer with another market pounding on Thursday. Cettire has become a battleground for shorts and bears, with many sceptical about its financials and business model. Every report is closely examined for weak or
Cettire faces investor scrutiny amid profit decline Read More »
Nick Chaplin, Director and Portfolio Manager at Seed Funds Management, discusses the implications of the drop in bank term deposit rates with Chris Gosselin, CEO of Australian Fund Monitors.
To register for Friday’s webinar click here. Battery Age Minerals (ASX:BM8) has identified multiple drill targets at its Bleiberg Lead-Zinc-Germanium Project in Austria, extending over a 6 km strike length based on historical datasets. BM8 has advanced its targeting strategy by integrating 100+ years of historical geological data, confirming the presence of prospective mineralisation-hosting stratigraphy,
Stocks of the Hour: Battery Age Minerals, HyTerra, Vection Technologies Read More »
At 11:40am, the S&P/ASX 200 is 0.61 per cent lower at 8,022.20, mirroring a weak performance on Wall Street and a sharp decline in Nvidia’s stock. The local market was also influenced by a wave of corporate earnings reports, including from Qantas and Wesfarmers. Key sectors such as consumer and technology experienced declines, while financials
ASX down 0.61% near noon following a poor performance on Wall Street Read More »
In today’s market, miners looking to stand out need exposure to copper, the critical commodity expected to soar in value as the energy transition wraps the globe in electrical infrastructure. BHP (ASX:BHP) is no exception. After its unsuccessful bid to acquire Anglo American’s copper assets, BHP has been keen to highlight its potential for organic
BHP’s copper conundrum Read More »
Since the beginning of last year, the major winners in the market have been big tech stocks. However, looking a bit further back reveals a different story, one that could re-emerge in the market’s future. Citi recently launched a new Size and Style Chartbook, aiming to provide key insights after each earnings season. While some
Perth-based Mineral Resources (ASX:MIN) has dropped its final dividend after reporting a surge in debt for the year to June and an 80% decline in earnings. The company, which was scheduled to release its 2023-24 results on Thursday, unexpectedly announced them late on Wednesday evening. Mineral Resources reported an underlying net profit after tax of
Mineral Resources faces headwinds amidst debt surge Read More »
Shares in Warren Buffett’s Berkshire Hathaway became the first U.S. non-tech company to reach a $1 trillion market value on Wednesday, continuing its impressive 2024 rebound. Berkshire shares have rallied more than 28% in 2024, significantly outperforming the S&P 500’s 18% gain. U.S. analysts noted that this milestone was achieved just two days before the
Buffett’s Berkshire hits $1 trillion Read More »
Nvidia’s revenue more than doubled in the past quarter, continuing its streak of impressive growth and surpassing market expectations. The US chipmaker also authorised another $50 billion share buyback as earnings soared over the past year. Despite this positive news, Nvidia’s shares fell more than 4% in after-hours trading, following a 2% decline during regular
Nvidia’s revenue soars, but shares dip Read More »
