Whilst the prevalence of Artificial intelligence has boosted the US-tech sector, with the likes of Nvidia and C3.ai seeing their share prices increase by 219% and 265% respectively since the start of the year, Down Under, tech stock valuations have been largely dampened over a time period of rising interest rates, macroeconomic uncertainties and geopolitical […]
What to know about the TechKnow Invest Roadshow Read More »
Australian consumer inflation showed signs of slowing in the three months to June, with an annual rate of 6.0%, down from 7.0% in the previous March quarter. Despite this decrease, concerns remain at the Reserve Bank about the persistent rise in costs across the economy. The Australian Bureau of Statistics reported that core inflation also
Australian CPI comes in lower than expected Read More »
X Corp is making strategic moves to lure brands back to its social media platform under the ownership of Elon Musk, and one of its key tactics is offering substantial discounts on ad prices. Previously known as Twitter, the social network is now determined to attract advertisers with new incentives for specific ad formats in
Luring brands back to Twitter Read More »
Mineral Resources (ASX:MIN) has fallen short of its lithium export targets from the Wodgina mine in Western Australia, which it operates in partnership with Albemarle, a New York-based company. The mining company revealed the missed shipments of spodumene concentrate from the Wodgina mine on Wednesday, just days after MinRes backed out of a billion-dollar deal
MinRes misses export targets Read More »
QX Resources (ASX:QXR) has made significant progress in its pursuit of the Liberty Lithium Brine Project located in California, USA. The project has been the subject of discussions and extensive due diligence, leading to encouraging results that reinforce its potential as a significant lithium resource. Recent resampling of lithium brines from auger holes has returned
QX Resources advances US lithium brine project Read More »
Fund Manager Chris Pedersen talks about the population growth rate, job openings, labour costs and the supermarket sector. Companies discussed include: Woolworths Group (ASX:WOW)Coles Group (ASX:COL)Metcash (ASX:MTS)Endeavour Group (ASX:EDV)
Supermarkets: WOW, COL, MTS and EDV Read More »
IGO (ASX:IGO) is facing a scarcity of cash and its finances have been strained after incurring a near $1 billion clean-up bill for its costly takeover of nickel miner Western Areas. The expensive acquisition seems to have left IGO wary of further investments in the nickel sector until it resolves the issues surrounding the Western
IGO’s costly nickel adventure Read More »
26 Jul 2023 – A snapshot of the stocks on the move, featuring QX Resources (ASX:QXR), Antisense Therapeutics (ASX:ANP) and West Wits Mining (ASX:WWI).
Stocks of the Hour: QX Resources, Antisense Therapeutics, West Wits Mining Read More »
The June quarter headline inflation came in at 6 per cent, lower than the expected 6.2 per cent. Similarly, the trimmed mean inflation, which excludes volatile food and energy costs, eased to 5.9 per cent, below the expected 6 per cent. On a quarter-on-quarter basis, both headline and trimmed mean inflation slowed down, with headline
ASX up 0.75% at noon: June quarter inflation lower than expected Read More »
QX Resources (ASX:QXR) announced that discussions and due diligence have advanced on the Liberty Lithium Brine Project in the California, USA. Commenting on this announcement, CEO, stephen prominitz stated, “Ongoing studies, detailed due diligence and a site visit show QXR that the Liberty Lithium Project is truly large scale with repeatable results and a pathway
Stocks of the Hour: QX Resources, Antisense Therapeutics, West Wits Mining Read More »
