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Crypto Platforms May Soon Become a Big Part of Business Balance Sheets, Future of Finance
Digital

Crypto Platforms May Soon Become a Big Part of Business Balance Sheets, Future of Finance

Big businesses are investing in bitcoin worldwide — suggesting that it will soon be normal for these conglomerates to have a healthy stack of bitcoin in the bank. What does this mean for the future of finance? While you can say that the public...

ASX Indices Drifting Down From High Levels
Market Updates

ASX Indices Drifting Down From High Levels

On April 21, 2021, ASX 200 ended the session in red as there was a decline of 20.30 points or -0.29% to 6997.50. ASX 200 drifting down from recent all-time highs taking cues from weak sentiments in global markets. As can be seen from the below table...

3 Ether ETFs Debut in Equity Markets: Here’s How They Performed
Cryptocurrency

3 Ether ETFs Debut in Equity Markets: Here’s How They Performed

After receiving Ontario Securities Commission’s nod, world’s first Ether Exchange Traded Funds (ETFs) started trading on the Toronto Stock Exchange this week. These ETFs closely track Ethereum’s performance to provide investors a ...

  • April 21, 2021 07:53 PM AEST
  • Anuj
Musgrave Minerals (ASX:MGV) Continues Winning Streak At Target 14 With High-Grade Gold Results
Sponsored

Musgrave Minerals (ASX:MGV) Continues Winning Streak At Target 14 With High-Grade Gold Results

Summary Aircore drilling at Target 14 continues to return robust gold results, defining high-grade mineralisation.  Drill hole 21MUAC103 terminated in high-grade mineralisation, indicating proximity to the primary basement source for regol...

A glance at 2 Australian penny stocks – Dragontail and COSOL
Stock Market

A glance at 2 Australian penny stocks – Dragontail and COSOL

Despite the tumultuous journey of the stock markets in the last 12 months, two Australian penny stocks have performed admirably during the period. Dragontail Systems and COSOL Limited have made significant strides during this period, delivering a s...

Unabated COVID-19 surge spooks foreign investors in India
World News

Unabated COVID-19 surge spooks foreign investors in India

The unabated surge of COVID-19 in India has spooked many people, including the foreign investors, even as Indian Prime Minister Narendra Modi tried to allay fears about a new lockdown. Modi’s 15-minute address on 8.45 pm IST on Tuesday faile...

Greenland Minerals keen to connect with new Greenland Government over Kvanefjeld project
Sponsored

Greenland Minerals keen to connect with new Greenland Government over Kvanefjeld project

As soon as the securities of Greenland Minerals Limited (ASX:GGG) were placed in trading halt on 19 April 2021, market participants had been eagerly awaiting a market announcement. Copyright © 2021 Kalkine Media Pty Ltd After a couple of d...

  • April 21, 2021 04:41 PM AEST
  • Sukriti
Why are these two resource stocks creating a buzz?
Stock Market

Why are these two resource stocks creating a buzz?

Summary Lynas Rare Earths Limited and Perseus Mining Limited have announced their March quarter ending results. Lynas has increased its total rare earth oxide production amid robust demand from magnet and catalyst sectors. Perseus has also boo...

Mighty Kingdom (ASX:MKL) Makes Muted Debut on ASX
Stock Market

Mighty Kingdom (ASX:MKL) Makes Muted Debut on ASX

Summary Mighty Kingdom shares fell 8% post listing on the ASX. The game developer has raised AU$18 million through its IPO. The company has reached a deal with a LEAF Mobile subsidiary to develop a mobile game for global release. Game dev...

Taking cues from Nasdaq, ASX continues to slide
Stock Market

Taking cues from Nasdaq, ASX continues to slide

Australian market continued its losing spree throughout the session. Towards the end, the benchmark index ASX 200 dropped 69.10 points and traded at 6,948.70, a cut of 0.98%. All sectors traded in the red zone today. Energy sector was the top looser ...

Cyprium Metals (ASX: CYM) fetches spectacular shallow copper-gold assays at Nanadie Well
Sponsored

Cyprium Metals (ASX: CYM) fetches spectacular shallow copper-gold assays at Nanadie Well

Summary Cyprium Metals’ remaining set of assay results from Phase 1 RC drilling returned 2m @ 8.9% Cu.  The 3500-metre drilling program was undertaken in January this year.  The Company intends to use the results from Phase 1 d...

How did Splitit Payments (ASX:SPT) fare in Q1 FY21?
Stock Market

How did Splitit Payments (ASX:SPT) fare in Q1 FY21?

Summary ASX-listed Splitit Payments Limited announced strong growth in Merchant Sales Volume (MSV) and revenue in Q1 FY2021. The Company’s brand awareness increased during the quarter, evident by the 70K increase in new shoppers. The BNP...

Netflix misses subscriber growth targets
World News

Netflix misses subscriber growth targets

Summary Netflix misses the subscriber guidance of 210 million users The Company is facing challenges as economies open up Revenues continue to show double-digit growth The Silicon Valley-based content platform – Netflix Inc (NASDAQ:...

Five ASX Penny Stocks Swimming Against The Tide Today
Stock Market

Five ASX Penny Stocks Swimming Against The Tide Today

Summary Multistack International’s share price has been trending up since 6 April and has delivered a return of over 330%. Magmatic Resources’ share was up 16.6%, trading at the high of the day, at A$0.175. Firefly Resources’...

  • April 21, 2021 03:09 PM AEST
  • Aayush
Octopus Deploy secures US$172.5 Mn investment from Insight Partners
Stock Market

Octopus Deploy secures US$172.5 Mn investment from Insight Partners

Founded in 2012, Octopus Deploy is a bootstrapped, profitable, and conventionally managed business that focuses on world-class engineering & customer service. The Company built itself from each dollar it generated from its customers instead of ...

Australian retail sales up by 1.4% in March
Retail Stocks

Australian retail sales up by 1.4% in March

Summary Retail sales grew by 1.4% in the March quarter. Growth in March quarter is slower than growth in December quarter Victoria, WA are leading the surge. The retail sales in Australia increased by 1.4% in the March quarter, according ...

Polaris to support Invictus Energy’s first 2D seismic program at Cabora Bassa
Sponsored

Polaris to support Invictus Energy’s first 2D seismic program at Cabora Bassa

Summary Invictus Energy Limited (ASX:IVZ) has awarded Polaris Natural Resources Inc the contract to provide acquisition services for the first 2D seismic program in the Cabora Bassa Basin. Polaris is Canada’s longest standing seismic comp...

  • April 21, 2021 02:40 PM AEST
  • Sukriti
BHP Group (ASX:BHP) churns out robust production numbers, ups copper guidance
Stock Market

BHP Group (ASX:BHP) churns out robust production numbers, ups copper guidance

Summary BHP has released a decent set of production figures for the March quarter. Petroleum and coal production on the rise. Petroleum and Iron ore production guidance remains unaltered for the rest of the period, while the copper production g...

Health House Seals Distribution Deal for Dragonfly Medicinal Cannabis Products 
Stock Market

Health House Seals Distribution Deal for Dragonfly Medicinal Cannabis Products 

Summary Health House International has signed a non-exclusive distribution agreement with Dragonfly Biosciences. The agreement with Dragonfly would strengthen Health House’s product portfolio within Australia. The distribution agreement ...

No funny business: Dogecoin’s journey from a joke to US$41 billion cryptocurrency
Cryptocurrency

No funny business: Dogecoin’s journey from a joke to US$41 billion cryptocurrency

Summary Dogecoin was founded as a parody in 2013 It has rallied by 7133% in 20 days of April Once a meme, it is now worth US$41 billion Global meme-makers may have made thousands of dollars using the social media platforms – Instagr...

Global Players Charging Up Amid EV Race
World News

Global Players Charging Up Amid EV Race

Summary Many countries are aiming to reach net-zero emissions by 2050 and have introduced new CO2 emission standards have bolstered the EV market.  Last year, Tesla Inc. sales reached almost 0.5 million, a milestone set by the US automaker...

Emyria raises AU$5 Mn to support drug registration, product portfolio expansion
Stock Market

Emyria raises AU$5 Mn to support drug registration, product portfolio expansion

Summary Emyria has received firm commitments in a well-supported placement to raise AU$5 million. The Company will use these funds to advance drug development and develop its product pipeline. The proceeds would also support the initiation of ...

Market by lunchtime: ASX 200 trades in red
Stock Market

Market by lunchtime: ASX 200 trades in red

Taking cues from the global market, the ASX 200 traded in the negative territory today. By afternoon, the benchmark index had lost 99.70 points and traded at 6918.10, a deep cut of 1.42%. All sectors traded lower today with energy sector being the wo...

How did Kyckr Limited (ASX:KYK) perform in Q3 FY2021?
Stock Market

How did Kyckr Limited (ASX:KYK) perform in Q3 FY2021?

Summary Kyckr Limited has reported a solid Q3 FY2021 performance with record revenue generated during the period. During the quarter, the Company focused on developing the UBO Verify service for its launch in May 2021. At present, the Kyckr bu...

TRUCONNECT app with integrated AHI technology goes live, targets ~150 million users
Stock Market

TRUCONNECT app with integrated AHI technology goes live, targets ~150 million users

Summary Advanced Human Imaging Limited has disclosed the release of the TRUCONNECT app integrated with the Company’s body scan technology. The Company notified that the iOS version is now available for download, and Android version is sch...

QEM signs Agreement with Siecap for Project Management Services, Shares zoom 28% Post Announcement
Sponsored

QEM signs Agreement with Siecap for Project Management Services, Shares zoom 28% Post Announcement

Summary QEM entered into an agreement with Siecap for project management services at the flagship Julia Creek project. Siecap will develop an execution strategy for the mining, extraction, processing, and export of vanadium pentoxide, green hyd...

  • April 21, 2021 12:45 PM AEST
  • Akshay
ASX 200 Today: Why All Sectoral Indices Are Taking a Tumble
Stock Market

ASX 200 Today: Why All Sectoral Indices Are Taking a Tumble

Summary ASX 200 has lost its upside momentum, trading 0.37% lower at 6991.5. All 11 sectoral indices are falling from their opening prices with Energy index losing the most, around 1.85%. Corporate Travel Management has gained 4.2% to A$19.83 ...

  • April 21, 2021 12:14 PM AEST
  • Aayush
Pandemic takes crude oil on a roller coaster ride
Commodities

Pandemic takes crude oil on a roller coaster ride

In the past year, people have moved more and more away from safe haven assets to stocks, leading to an unprecedented rally in global stocks on back of liquidity surge. However, equities are not the best performing asset class. That accolade is owned...

Temple & Webster Finetunes Strategy To Cash In On Online Shopping Trend
Stock Market

Temple & Webster Finetunes Strategy To Cash In On Online Shopping Trend

Summary Temple & Webster is witnessing strong trading amid a shift in consumer shopping behaviours. The retailer has reaffirmed its strategy to invest in its digital platform to capitalise on the accelerated online adoption in the Australia...

Why Netflix remains the king of streaming giants
World News

Why Netflix remains the king of streaming giants

Online streaming sites have been gaining steam since the COVID-19 pandemic arrived. The huge success of Netflix prompted many Over-the-Top (OTT) players to test their luck in the subscription-based streaming business. Players such as Walt Disney (N...

Skin Elements witnesses smooth first half with a bevy of developments across brands
Sponsored

Skin Elements witnesses smooth first half with a bevy of developments across brands

Summary In the six months ended December 2020, Skin Elements made major headways in the development of Invisi Shield organic sanitiser. The Company also waded into natural nail polish space with the acquisition of BeachToes. Skin onboarded Mr ...

Packing a papaya punch: An overview of Skin Elements’ all-natural PapayaActivs cream
Sponsored

Packing a papaya punch: An overview of Skin Elements’ all-natural PapayaActivs cream

Award-winning natural skin care player Skin Elements Limited (ASX:SKN) has established a rich portfolio of all-natural and organic products including Invisi-Shield organics, PapayaActivs therapeutics skincare, Soléo Organics sunscreen, and t...

Latitude Financial debuts on ASX in style with 15% surge
Stock Market

Latitude Financial debuts on ASX in style with 15% surge

Shares of Latitude Financial Group finally made their stock market debut with the ticker “LFS” on third attempt, surging 15% on its listing on the Australian Securities Exchange (ASX) on Tuesday. Latitude stock (ASX: LFS) opened trade ...

BPH Energy Adds More Bling to its Baleen Well Program, Receives Environmental Review Report
Sponsored

BPH Energy Adds More Bling to its Baleen Well Program, Receives Environmental Review Report

Summary BPH Energy Limited (ASX:BPH) has announced the receipt of the Environmental Review Report for the Baleen well. BPH investee Advent planning to undertake drilling at the Baleen target located in the PEP11 permit. The Environmental Revie...

  • April 21, 2021 09:58 AM AEST
  • Damini
ASX 200: Will COVID-19 concerns weigh on the market today?
Stock Market

ASX 200: Will COVID-19 concerns weigh on the market today?

On Tuesday, the Australian market broke its five-day winning streak and closed the session 0.68% down at 7017.8. However, the market has still sustained above the major support level of 7,000 mark. Today, investors need to be cautious as the ASX 20...

  • April 21, 2021 08:01 AM AEST
  • Aayush
88 Energy (ASX:88E) registers all-round progress across portfolio in March quarter
Sponsored

88 Energy (ASX:88E) registers all-round progress across portfolio in March quarter

88 Energy Limited (ASX:88E) has made all-round progress during the quarter ended 31 March 2021 with significant exploration activities undertaken across the Merlin-1 well at the Project Peregrine, arranging finance through issue of shares and signi...

Juventus Shares Slip 9% After 18% Gain on Super League Inclusion Plans
World News

Juventus Shares Slip 9% After 18% Gain on Super League Inclusion Plans

Summary Shares of Juventus FC SpA retreated sharply in the afternoon deals on Tuesday, 20 April The stock witnessed immense selling pressure in the wee hours of trading On 19 April, shares of Manchester United and Juventus rallied on Super Lea...

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