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Shree Minerals Ltd. (ASX:SHH) awarded exploration licence at Rock Lodge Project
Sponsored

Shree Minerals Ltd. (ASX:SHH) awarded exploration licence at Rock Lodge Project

Diversified metals explorer Shree Minerals Ltd. (ASX:SHH) has been granted an exploration tenement (EL9155) that covers the historic Rock Lodge gold workings in the world-renowned Lachlan Fold Belt of New South Wales. The Rock Lodge project is con...

  • May 14, 2021 08:37 PM AEST
  • Akshay
Recovery In Dow Jones Supported ASX Indices
Market Updates

Recovery In Dow Jones Supported ASX Indices

On May 14, 2021, ASX indices recovered after a sharp decline after Dow jones ended in green. In the week ended 8th May, the advance figure for the seasonally adjusted initial claims stood at 473,000, reflecting a decline of 34,000 from the previous w...

Hot Stock: A Green Energy Company that is up 2734% in a Year
Lithium Stocks

Hot Stock: A Green Energy Company that is up 2734% in a Year

To decarbonise the global economies and eschew emissions from the mobility and energy industry, the world has come together to raise a toast to transition to cleaner and sustainable sources of energy. Amidst the pandemic across geographies, a conside...

Major Movers of ASX
Stock Market

Major Movers of ASX

The S&P/ASX200 has bounced back on Friday after 3 consecutive weekly sessions, tracking a rebound on Wall Street as investors snapped up technology stocks while worries about rising inflation. The index closed at an increase of 0.45% to 7014.20. ...

Are Bitcoin Chartists Picking Bearish Signals?
Cryptocurrency

Are Bitcoin Chartists Picking Bearish Signals?

Summary Bitcoin price has dropped by ~30.66 percent from its lifetime high. on the daily chart Bitcoin prices are trading in a rising channel formation and below its 100-Period Simple Moving Average (SMA). The price has broken a rising trendli...

Where is Australia’s Property Sector Heading?
Economy

Where is Australia’s Property Sector Heading?

This year’s federal budget came packed with a set of new initiatives for first-home buyers. The government has extended the HomeBuilder program to 18 months and unveiled subsidies for the first-home buyers under the new budget announced on 11...

Is the Crypto Grass Greener? The Search for ‘Greener’ Cryptos
Cryptocurrency

Is the Crypto Grass Greener? The Search for ‘Greener’ Cryptos

Summary Elon Musk announced on Thursday that Tesla would no longer accept Bitcoin to purchase its vehicles. The decision has led to a heated debate over the amount of electricity required to mine bitcoins. Tesla’s move has resulted in at...

Why was Telstra (ASX:TLS) hit with an AU$50m fine by an Australian court?
Stock Market

Why was Telstra (ASX:TLS) hit with an AU$50m fine by an Australian court?

Summary Telstra Corporation was hit with an AU$50 fine by an Australian court regarding treatment of indigenous customers. The Company sold mobile contracts to over 100 customers across three states and territories. After Volkswagen in 2019, t...

Meet Dale Ginn – the latest addition to the Board of Raiden Resources (ASX:RDN)
Sponsored

Meet Dale Ginn – the latest addition to the Board of Raiden Resources (ASX:RDN)

Diversified mineral explorer Raiden Resources Limited (ASX:RDN / DAX:YM4) has added more teeth to its Board with the appointment of Mr Dale Ginn as a Non-Executive Director. Mr Ginn is a highly experienced geologist, and his presence on the Board w...

Creso Pharma delighted as Halucenex nearly doubles its synthetic psilocybin inventory
Sponsored

Creso Pharma delighted as Halucenex nearly doubles its synthetic psilocybin inventory

Summary Halucenex has secured an additional 10g of synthetic psilocybin to be utilised for R&D initiatives and clinical trials. The psychedelics player is now among the largest holders of single batch GMP grade synthetic psilocybin across C...

5 ASX Stocks with Yield Over 5%
Stock Market

5 ASX Stocks with Yield Over 5%

Summary Dividend shares have gained investors’ interests during the pandemic. Many blue-chip stocks often prove beneficial to investors due to high dividends, especially when interest rates are at an all-time low. 5 ASX listed dividend s...

ASX snaps 3-day losing streak; energy, utilities stocks shine  
Stock Market

ASX snaps 3-day losing streak; energy, utilities stocks shine  

Summary At the closing bell, the ASX 200 trades higher by 51.5 points or 0.74% at 7034. Whitehaven Coal was the top gainer of the day, rising as much as 9.5% to hit a high of AU$1.38. Sector-wise, energy index was the top performer, followed b...

APAC markets open mostly in green on Wall Street cues
World News

APAC markets open mostly in green on Wall Street cues

The Asia Pacific (APAC) markets opened mostly in green on Friday, following the Wall Street rally overnight. The Japanese shares were the biggest gainers in the region, with Nikkei225 up 2.3%, having wiped most of the losses it made in the Thursda...

Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?
World News

Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?

Summary Chevron Corp. (NYSE: CVX) has outperformed the index and generated ~16.01 percent returns in the last 3 months. On the daily chart, CVX’s prices are moving in a horizontal channel pattern and taking support from the 100-period Sim...

US tax sleuths, justice dept set to probe Binance: Reports
World News

US tax sleuths, justice dept set to probe Binance: Reports

One of world's largest cryptocurrency exchanges, Binance is facing investigation from the US Internal Revenue Service and the Justice Department, reports said. The probing officials have asked for detailed information from individuals with insight...

ASX rebounds on energy boost; Whitehaven Coal and Perenti Global lead rally   
Stock Market

ASX rebounds on energy boost; Whitehaven Coal and Perenti Global lead rally   

The Australian stock market continued to trade higher by afternoon, reclaiming the 7,000 level, amid strong buying interest in energy, utilities, realty and industrial stocks. Snapping three session losing streak, the domestic stock market ASX 200 ...

Top five ASX gainers of the day
Stock Market

Top five ASX gainers of the day

After falling in the last three consecutive sessions, the ASX 200 traded higher on Friday, buoyed by energy and banking stocks. The domestic equity benchmark also gained as US inflation-related concerns eased and bond yields softened, with Wall Str...

  • May 14, 2021 01:50 PM AEST
  • Ashish
Coinbase rides the crypto boom to hit over US$1 billion in revenue
World News

Coinbase rides the crypto boom to hit over US$1 billion in revenue

Coinbase Global Inc (NASDAQ:COIN), a US-based holding company for an cryptocurrency exchange platform by the same name, has reported 9.45 times jump in its revenue as it surged past the $US1 billion-mark in quarterly revenue. The company reported ...

Three notable ASX200 stocks offering cloud-based services
Stock Market

Three notable ASX200 stocks offering cloud-based services

The COVID-19 pandemic-induced closures forced people and even the smallest of business to be pro digitalization. Technology companies have benefited a lot from this digitalization spree. Businesses around the world are now moving towards cloud-base...

Five penny stocks piling on gains today
Stock Market

Five penny stocks piling on gains today

Today, the Australian markets have bounced back from the lower levels on the back of positive global sentiments. As of 11:15 AM AEST, the ASX 200 is trading 0.94% up, at 7048.5, breaking its three-day losing streak. Price is Less al...

  • May 14, 2021 01:12 PM AEST
  • Aayush
Why Are These 2 Material Stocks Getting Investors’ Attention?
Stock Market

Why Are These 2 Material Stocks Getting Investors’ Attention?

Materials sector is usually cyclical as it includes businesses that are linked to commodity prices. The sector covers a broad range of companies from building products, industrial chemicals, fertilisers, metals and mining, and other areas.&nbs...

ASX 200 today: What helped Australian market to reclaim 7,000 level
Stock Market

ASX 200 today: What helped Australian market to reclaim 7,000 level

The Australian stock market on Friday reclaimed the psychological 7,000 level. The Australian shares opened higher by 24 points or 0.34% to 7,006.70 after Wall Street settled with robust gains. The domestic stock market ASX 200 has fallen in the la...

  • May 14, 2021 11:25 AM AEST
  • Ashish
Australasian Gold’ IPO makes weak debut on ASX, falls 20%
IPO

Australasian Gold’ IPO makes weak debut on ASX, falls 20%

Summary Australasian Gold made weak debut on ASX, falling as much as 20% to AU$0.16. The gold stock touched a low of AU$0.16 and a high of AU$0.18, where 1.61 million shares worth AU$276.3K changed hands. The poor listing comes amid weakness i...

Why has IEA slashed 2021 oil demand forecast?
Commodities

Why has IEA slashed 2021 oil demand forecast?

The oil industry has been on a roller coaster ride since last year. Experiencing gloomy days, the prices of WTI crude oil dipped to negative levels in April 2020 due to supply glut and nearly no buyers. However, a robust vaccination program couple...

Blackstone’s subsidiary Codrus Minerals IPO opens for subscription
IPO

Blackstone’s subsidiary Codrus Minerals IPO opens for subscription

Blackstone Minerals Ltd (ASX:BSX) on Friday announced that the priority offer to its shareholders was now open under the initial public offering (IPO) of its wholly-owned subsidiary Codrus Minerals Ltd (CDR). In its latest trading update, the miner...

  • May 14, 2021 09:13 AM AEST
  • Ashish
ASX 200 on Friday: Top 5 things to watch out
Stock Market

ASX 200 on Friday: Top 5 things to watch out

The Australian share market is expected to close the week on a strong note, tracking positive cues from the US market, which closed higher overnight as fears around rising inflation eased.   According to the latest SPI Futures, the ASX 200 ma...

  • May 14, 2021 08:22 AM AEST
  • Ashish
Will ASX 200 snap its three-day losing streak today?
Stock Market

Will ASX 200 snap its three-day losing streak today?

On Thursday, the Australian market had its third consecutive day of fall with miners and tech stocks leading losses, as pick up in inflation in the US stoked concerns over sooner-than-expected interest rate hikes. The index lost 0.88% or 62.2 point...

  • May 14, 2021 08:17 AM AEST
  • Aayush
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