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Hot Stocks: BMG Resources, Atomo Diagnostics, Thunderbird Resources

To register for Friday’s webinar click here. BMG Resources Limited (ASX:BMG) has announced that preparations to resume drilling at its 100%-owned Abercromby Gold Project are well advanced with the start of drilling scheduled for this month. John Prineas, Non-Executive Chairman, commented: “Following the support shown by investors in the recent capital raising, the team at

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Alibaba launches AI search tool for small businesses

Chinese e-commerce giant Alibaba has launched a new artificial intelligence-powered search engine, named “Accio”, aimed at helping small businesses in Europe and the Americas source supplies more efficiently. Named after the summoning spell from the Harry Potter series, Accio is available in multiple languages, including English, German, French, Portuguese, and Spanish. It is a web-based

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OFX Group reports flat revenue amid challenging market

OFX Group (ASX:OFX), a global foreign exchange and payment services provider, has released its results for the half-year ending 30 September 2024, showing mixed performance amid challenging economic conditions. The Group reported fee and trading income of $114.5m, nearly flat compared to the previous year, while net operating income declined 3.5% to $111.2m. Underlying EBITDA

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Storage gains: Abacus raises FY25 distribution guidance

Abacus Storage King (ASX:ASK), a leader in the self-storage sector across Australia and New Zealand, presented its financial update at the Annual General Meeting held today. Reporting on its portfolio’s strength, Abacus disclosed Funds From Operations (FFO) of $81.1m and a statutory profit of $138.2m for FY24. This performance was driven by a robust portfolio,

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