24 Oct 2023 – A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), Empire Energy (ASX:EEG) and Lincoln Minerals (ASX:LML).
Stocks of the Hour: Immutep, Empire Energy, Lincoln Minerals Read More »
The spotlight is on RBA Chief Michele Bullock’s speech scheduled for 7pm AEDT at the Global Markets Conference hosted by CBA in Sydney. At noon, the S&P/ASX 200 is 0.22 per cent higher at 6,859.30. The SPI futures are pointing to a rise of 30 points. Best and worst performers The best-performing sector is Energy,
ASX currently up 0.22%: Energy is best performing sector Read More »
Immutep (ASX:IMM) has reported promising clinical data from the INSIGHT-003 trial at the ESMO Congress 2023. In response, Immutep CSO, commented, “the compelling data that our proprietary MHC Class II agonist has generated in combination with immune checkpoint inhibitors for NSCLC patients positions efti as one of the more promising clinical candidates in immuno-oncology today.”
Stocks of the Hour: Immutep, Empire Energy, Lincoln Minerals Read More »
US bond market traders don’t seem to have the courage of their collective paranoia about yields. After filling reams of paper, the airwaves of TV business shows, and online commentaries with dire predictions about what would happen when US 10-year bond yields breached the ‘psychologically important’ 5% level, they turned around and bought heavily, driving
US bond market traders’ surprising turnaround amid yield paranoia Read More »
24 Oct 2023 – The Nasdaq Composite ticked higher on Monday as Treasury yields retreated from their highs and traders looked ahead to the release of corporate earnings from tech industry giants.
S&P500 falls lower: Chevron acquires Hess Corporation Read More »
Despite oil prices reaching multi-year highs, Chevron Corp announced on Monday its intention to acquire its smaller US rival, Hess Corp, in a $53-billion all-stock deal. The announcement comes just two weeks after Exxon Mobil revealed its plans to pay $60 billion ($93 billion) for the US shale oil and gas producer, Pioneer Natural Resources.
Chevron to acquire Hess Corp in $53 billion all-stock deal, despite soaring oil prices Read More »
The US Department of Justice is reportedly expanding its inquiry into Tesla’s business practices, adding to the pressure on Elon Musk and the company’s board. Initially focused on reports of issues with Tesla vehicles and awards to senior managers, the investigation has now broadened to include scrutiny of the range of Tesla vehicles on a
Tesla faces increased pressure as US Department of Justice expands inquiry Read More »
The Nasdaq Composite ticked higher on Monday as Treasury yields retreated from their highs and traders looked ahead to the release of corporate earnings from tech industry giants. The benchmark 10-year Treasury note yield briefly climbed back above the key 5 per cent level before ticking down. It was last trading at about 4.85 per
S&P500 falls lower: Chevron acquires Hess Corporation Read More »
Chile’s global lithium giant, SQM, continues to enhance its Australian holdings, having recently acquired a 30% stake in the Calidus Resources Pilbara lithium project. This move marks the latest in a series of deals in 2023 that have seen SQM aligning with promising lithium projects and their promoters. SQM’s involvement in Australia includes a 50-50
SQM’s 30% stake in Calidus Resources’ Pilbara project Read More »
Lynas Rare Earths (ASX:LYC) surprised investors on Friday with news of its plan to shut down all operations in Malaysia, except for a mixed rare earth carbonate processing plant, over the December quarter. Minimal volumes of raw materials will be processed during this shutdown. This announcement came as a blow, with the world’s largest rare
Lynas Rare Earths faces turbulent months amid shutdown plans in Malaysia Read More »
