20 Jul 2023 – Stocks rose Wednesday as the corporate earnings season continued, with the Dow Jones Industrial Average registering its longest winning streak in nearly four years.
Tesla and Netflix post results after the bell Read More »
Companies discussed include: BHP Group (ASX:BHP)Rio Tinto (ASX:RIO)Fortescue Metals Group (ASX:FMG)Deterra Royalties (ASX:DRR)
Inflation, iron ore, BHP, RIO, FMG, DRR Read More »
The Energy sector demonstrated strong growth, with a rally of 1.7%. Ampol (ASX:ALD) experienced a significant surge of 4.4% following robust fuel sale volumes reported for the first half of the financial year 2023. Woodside Petroleum (ASX:WPL) climbed 1.4% despite a 29% drop in revenue during the second quarter, amounting to $US3.1 billion (A$4.5 billion).
ASX rallies 0.55% as Energy outperforms Read More »
19 Jul 2023 – A snapshot of the stocks on the move, featuring ImpediMed (ASX:IPD), Imugene Limited (ASX:IMU) and Brightstar Resources (ASX:BTR).
Stocks of the Hour: ImpediMed, Imugene, Brightstar Resources Read More »
Woodside Energy (ASX:WPL), reported a 29% decline in revenue for the second quarter, amounting to $US3.1 billion (A$4.5 billion). Sales of oil decreased by 4%, with 48.4 million barrels sold, while production experienced a 5% drop to 44.5 million barrels. Woodside’s CEO, Meg O’Neill, noted “Whilst production and sales were lower compared with the first
ASX up 0.53% at noon: Woodside reports a 29% decline in revenue Read More »
ImpediMed (ASX:IPD) are the first top 5 national payor covering SOZO testing for cancer patients at risk for lymphoedema. In response, CEO and MD Richard Valencia said, ”Cigna’s policy provides access to coverage for all individuals at risk of developing limb lymphoedema without prior authorisation and impacts all 50 states.” Shares are trading 17.57 per
Stocks of the Hour: ImpediMed, Imugene, Brightstar Resources Read More »
Global hearing health leader, Audeara Ltd (ASX:AUA) announced its impressive financial growth and international expansion in its Q4 FY23 Quarterly Activities Report. The Company, which specialises in innovative listening solutions for people with hearing challenges, achieved record-breaking quarterly revenue and made significant progress in expanding its global presence. Record Quarterly Revenue Audeara reported unaudited quarterly
Audeara’s sound success: Record revenue and global expansion Read More »
Australia must accelerate the development of renewable energy generation projects or face a significant increase in electricity prices for households and businesses, according to Guy Debelle, former deputy governor of the Reserve Bank. Speaking at the Clean Energy Summit in Sydney, Debelle emphasised the need for action to meet the nation’s net-zero targets and address
Renewable energy fast-track needed to prevent Aussie power price surge Read More »
Europe’s ongoing heatwave is fuelling a surge in solar electricity production across the continent, with the combination of increased solar capacity and sunny weather breaking generation records in several countries. According to Ember, solar electricity generation in Europe rose by nearly 11% in the first half of the year compared to the same period in
Europe’s heatwave fuels solar power surge Read More »
Ampol Limited (ASX:ALD, NZX:ALD) has reported a strong first half performance for the 2023 financial year, with the completion of successful refinery repairs. The unaudited Group RCOP EBIT for the first half is approximately $575 million, and RCOP EBITDA is approximately $800 million. Key highlights of the first half performance include a 24% increase in
Ampol powers ahead: Strong first half performance and refinery repairs fuel success Read More »
