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Why are Silk Logistics (ASX:SLH) shares on investors' radar?
Industrial Stocks

Why are Silk Logistics (ASX:SLH) shares on investors' radar?

ASX listed integrated logistics business operator Silk Logistics Holdings Limited's (ASX:SLH) closed more than 2% lower today (24 January). The dip was witnessed as SLH reported the acquisition of 101Warehousing Pty Ltd, a Victoria-based contract l...

What is Tectonic (TONIC) crypto? All you need to know
Cryptocurrency

What is Tectonic (TONIC) crypto? All you need to know

The cryptocurrency market has witnessed a turbulent time for the past few days. At the time of writing, the global crypto market cap had declined sharply to US$ 1.54 trillion, down by 7.71 per cent in comparison to the previous day. Amid the crash...

Online Safety Bill: 7 points to note
Economy

Online Safety Bill: 7 points to note

Highlights  The Online Safety Bill is a proposed Act in the United Kingdom to enhance the safety net around internet. The Digital, Culture, Media, and Sport Committee (DCMS) said the bill is clear on various grounds. A group of MPs has wa...

Harvest Technology (ASX:HTG) joins Inmarsat’s maritime network
Technology Stocks

Harvest Technology (ASX:HTG) joins Inmarsat’s maritime network

Remote field service provider, Harvest Technology Group Limited (ASX:HTG) has signed an agreement with Inmarsat Global to join its maritime Certified Application Provider (CAP) network. HTG shares surged by 5% following the ASX announcement and cl...

Why South32 (ASX:S32) shares ended 4% lower today
Metal & Mining Stocks

Why South32 (ASX:S32) shares ended 4% lower today

Highlights Shares of mining and metals giant South32 Limited closed 3.7% lower at AU$3.94 on Monday. Its metallurgical coal production declined 15% annually to 2767kt in 1HFY22. The company said the COVID-19 pandemic impacted its operations an...

Omicron impact: Private sector activity contracts in Australia
Economy

Omicron impact: Private sector activity contracts in Australia

Highlights Amid rising cases of coronavirus, private sector activity shrank in Australia in January 2022. Australia’s composite PMI declined to 45.3 in January 2022. Input price inflation in Australia continued the climb to a new survey ...

ATAGI gives green light to Novavax Covid – 19 vaccine
Covid-19

ATAGI gives green light to Novavax Covid – 19 vaccine

Highlights The Novavax Covid-19 vaccine has been approved by the ATAGI for people aged 18 and above. The vaccine would be available by February.  The recommended course for the vaccine will be two doses. After getting provisional...

  • January 24, 2022 09:32 PM AEDT
  • Samta
Butn (ASX:BTN) shares are on investors’ radar. Here’s why
Financial Stocks

Butn (ASX:BTN) shares are on investors’ radar. Here’s why

Highlights Butn has entered into a strategic partnership with Freelancer’s subsidiary company – Freightlancer. Butn would provide Freightlancer with a custom-made solution as per the latter’s needs. The roll-out is anticipate...

Australian Equity Market Closed in Red  
Market Updates

Australian Equity Market Closed in Red  

On 24th January 2022, the equity market of Australia closed the session in red. On the same day, ASX Midcap50 fell by 0.71% and ASX 200 was down by 0.51%. ASX All Ordinaries moved down by 0.65% to 7,441.50. It could be said that the Australian market...

Are global markets headed towards a crash in 2022?
Economy

Are global markets headed towards a crash in 2022?

Highlights A superbubble is created when prices of several asset classes go through the roof simultaneously. Finally, the time has come for central banks around the world to start tightening the monetary supply. The Dow Jones is down 6.34% for...

  • January 24, 2022 09:01 PM AEDT
  • Aayush
Why Argonaut Resources’ (ASX:ARE) shares plummeted to half their value
Stock Market

Why Argonaut Resources’ (ASX:ARE) shares plummeted to half their value

Highlights Argonaut Resources Limited (ASX:ARE) has appealed against the grant of a new licence over its Lumwana West project to a newly registered company. The licence area contains Argonaut’s Nyungu copper-cobalt deposit, and the miner ...

Three ASX online gaming shares on investors’ radar
Stock Market

Three ASX online gaming shares on investors’ radar

Online gaming has been one of the most popular activities that have picked up pace during the COVID-19 pandemic. With lockdowns and physical restrictions in place, gamers (especially younger generation) had a lot of time at their disposal to spend ...

  • January 24, 2022 08:34 PM AEDT
  • Aayush
Flash loans on DeFi. The pros and cons
Cryptocurrency

Flash loans on DeFi. The pros and cons

Cryptocurrency trading is not limited to purchasing an asset and selling it at an appreciated price. Over the past few years, cryptos have evolved with many features that resemble traditional finance. One such offering is flash loans. How does fla...

Invictus receives Post Stack Migration 2D seismic dataset, drilling campaign on track
Sponsored

Invictus receives Post Stack Migration 2D seismic dataset, drilling campaign on track

Invictus Energy Limited (ASX:IVZ) is on track with developments at its 80% owned and operated Cabora Bassa project in Zimbabwe. The Company has identified significant potential for the Project and drilling of the world-class Muzarabani prospect is ...

  • January 24, 2022 07:32 PM AEDT
  • Sukriti
Ora Banda (ASX:OBM) makes a giant stride in December quarter
Sponsored

Ora Banda (ASX:OBM) makes a giant stride in December quarter

Highlights Ora Banda has delivered the best performance in terms of gold production during the December 2021 quarter since the re-start of the Davyhurst operation. OBM has been strongly focusing on mining and exploration work across deposits al...

Looking for healthcare shares? Here are 3 ASX value stocks to consider
Healthcare Stocks

Looking for healthcare shares? Here are 3 ASX value stocks to consider

A value stock can be defined as a stock trading in the market at a price lower than its fundamentals would suggest. A stock’s market price often reflects the market's sentiments and fails to consider the long terms fundamentals of a company. ...

Know how cryptocurrencies performed over the weekend
Cryptocurrency

Know how cryptocurrencies performed over the weekend

Highlights  The Crypto market experienced a fall over the weekend as prices of major cryptos dipped. Bitcoin has now reduced to around half of its record high price of US$68,990. Increased inflationary pressures, interest rate hikes, and ...

Best crypto trading platform in Canada -- Top 5 contenders
Cryptocurrency

Best crypto trading platform in Canada -- Top 5 contenders

Cryptocurrencies are volatile, but they remain a very popular investment asset. In 2021, a few cryptos like Axie Infinity’s AXS and Solana’s SOL gave over 10,000 per cent returns. To trade crypto assets, including the biggest asset Bit...

Will the commodity market shine again in 2022? ASX-listed stocks to watch
Commodities

Will the commodity market shine again in 2022? ASX-listed stocks to watch

Highlights Most of the commodities delivered a stellar performance last year. Gold faced a hard time in 2021, partly due to the booming popularity of cryptocurrencies. It will be worth watching if the emergence of new COVID-19 variants and the...

  • January 24, 2022 06:29 PM AEDT
  • Damini
Hexagon Energy (ASX:HXG) signs MoU with solar firm FRV
Oil & Gas Stocks

Hexagon Energy (ASX:HXG) signs MoU with solar firm FRV

Highlights The MoU between Hexagon Energy and FRV Services is for a potential hydrogen hub.  The MoU came after the company's previous collaboration with FRV in November 2021.  FRV Australia is owned by Fotowatio Renewable Ventures a...

  • January 24, 2022 06:22 PM AEDT
  • Samta
Flux crypto: What it does & what is FLUX price prediction
Cryptocurrency

Flux crypto: What it does & what is FLUX price prediction

The world of crypto assets is volatile and unpredictable. But blockchain, the technology that underpins all cryptocurrencies has been hailed by virtually all. Blockchain allows development of applications where peer-to-peer architecture is at the ...

Losses across materials & tech drag ASX 200 0.5% lower
Stock Market

Losses across materials & tech drag ASX 200 0.5% lower

Highlights Australian shares fell 0.5%, or 36.3 points to 7139.5 today. Investing sentiment today was weighed down by losses across the materials and technology sectors. Investors await an array of economic updates and meetings this week. Asi...

  • January 24, 2022 05:32 PM AEDT
  • Sukriti
Why Adairs (ASX:ADH) shares are down over 20% today
Consumer Stocks

Why Adairs (ASX:ADH) shares are down over 20% today

Adairs Limited (ASX:ADH) shares tanked over 20% on the ASX on Monday (24 January). As of 12.52 PM AEDT, shares of the home furnishings retailing giant traded 21.26% lower at AU$3 apiece. Including today’s fall, ADH shares are down over 25% in...

What to expect from December 2021 quarter inflation data
Economy

What to expect from December 2021 quarter inflation data

Highlights The fiscal and monetary stimulus provided during the pandemic has created an environment shaped by rising prices. Rising employment in Australia is somehow fuelling inflationary concerns. In case inflation continues to rise, the RBA...

All you need to know about decentralized social and DESO crypto price prediction
Cryptocurrency

All you need to know about decentralized social and DESO crypto price prediction

Highlights DESO crypto comes with a claim to inject decentralized attributes to social media DeSo blockchain is being used by over 200 apps, which allow control over the network to users DeSo crypto listed on Coinbase in mid-December 2021, and...

BetMakers (ASX:BET) extends NJ exclusive agreement to 15 years
Technology Stocks

BetMakers (ASX:BET) extends NJ exclusive agreement to 15 years

Highlights BetMakers signs an amended and restated fixed odds & data distribution agreement with Darby Development LLC and NJTHA. The company has signed the agreement through its 100 per cent subsidiary BetMakers DNA Pty Ltd. Now, BetMaker...

ASX fashion stocks to beef up your portfolio
Retail Stocks

ASX fashion stocks to beef up your portfolio

Highlights Consumers’ discretionary spending continued to be strong by the end of 2021. Sales of clothing, footwear, and personal accessories rose by 38.2% in November last year. Despite COVID-19 induced volatility and widespread impacts...

  • January 24, 2022 02:30 PM AEDT
  • Manisha
Fortescue makes another green move, buys Williams Advanced Engineering
Metal & Mining Stocks

Fortescue makes another green move, buys Williams Advanced Engineering

Highlights Fortescue Metals signs agreement to acquire 100% of Williams Advanced Engineering Limited (WAE) from EMK Capital and Williams Grand Prix Engineering Limited for roughly US$223 million. The transaction is likely to be completed by the...

Crude oil rises on falling US oil inventories
Commodities

Crude oil rises on falling US oil inventories

Highlights Crude oil prices inched higher on Monday. In the last week, both crude oil benchmarks rose for a fifth week in a row. US Crude oil inventories continued to fall in the last month to land below their average levels. Crude Oil pr...

Is the Australian economy on the brink of hyperinflation?
Economy

Is the Australian economy on the brink of hyperinflation?

In the COVID-19 era, experts have time and again highlighted the difficulties attached to rising price levels across the globe. Concerns of rising inflation emerged as most economies, including Australia, tried to revive from the economic slump tri...

Major HPA milestones mark King River’s action-packed December quarter
Sponsored

Major HPA milestones mark King River’s action-packed December quarter

Highlights King River Resources is advancing well with a definitive feasibility study on its Type 1 aluminium salt precursor plant project. Aluminium salts are used in manufacturing P-CAMs, which are further processed to produce the CAMs used i...

Three ASX penny shares turning heads today
Stock Market

Three ASX penny shares turning heads today

Highlights The ASX Small Ordinaries index (ASX:XSO) has fallen 1.46% to 3.260.1, as of 1:00 PM AEDT on 24 January 2022. GSR, RFR and RXL are some ASX penny stocks that are delivering a double-digit gain. Doing proper due diligence before inves...

  • January 24, 2022 01:30 PM AEDT
  • Aayush
Why Vulcan Energy (ASX:VUL) is trading lower today
Metal & Mining Stocks

Why Vulcan Energy (ASX:VUL) is trading lower today

Shares of Vulcan Energy Resources Limited’s (ASX:VUL) continued its free fall on the ASX today. VUL’s share price, has taken a 3.71% dip witnessing share sell-off on ASX today. Continuing losses, VUL shares have reached AU$9.070 each, a...

Boab Metals’ December quarter building momentum for Sorby Hills DFS
Sponsored

Boab Metals’ December quarter building momentum for Sorby Hills DFS

Boab Metals Limited (ASX:BML) has highlighted significant progress of operations in its December 2021 quarterly report. During the period, the Company undertook a slew of developments at its 75%-owned Sorby Hills Lead-Silver-Zinc Project, in the Ki...

ASX 200 falls at open: Regis Resources nosedives over lower FY22 guidance
Stock Market

ASX 200 falls at open: Regis Resources nosedives over lower FY22 guidance

The Australian share market opened lower on Monday, as technology stocks tumbled at the open, tracking a red closing by the NASDAQ 100 on Friday, while fears over rising inflation and policy tightening by the US Federal Reserve continued to jitter ...

  • January 24, 2022 12:14 PM AEDT
  • Aayush
How AI-powered Zenphi IDP makes your life easier by automating workflow
Sponsored

How AI-powered Zenphi IDP makes your life easier by automating workflow

Zenphi Group Pty. Ltd is committed to making google workflow easier through quick and easy process automation for Google Workspace through its AI-enabled platform Zenphi. The traditional approach for process automation requires an individual to ha...

Why Regis (ASX:REG) lowered its full-year production guidance
Metal & Mining Stocks

Why Regis (ASX:REG) lowered its full-year production guidance

 Highlights Regis Resources has lowered its production guidance for the full year. The company expects a rise in production in the second half of the current year. At 10:18 AM (AEST), the stock was trading at AU$1.78, down nearly 2%. ...

  • January 24, 2022 11:17 AM AEDT
  • Ashish
Two ASX retail stocks with grossed-up dividend yields over 8%
Dividend stocks

Two ASX retail stocks with grossed-up dividend yields over 8%

Australia’s retail sector has performed on a decent note in the recent past despite challenges posed by the COVID-19 pandemic. The sector has also managed to provide its shareholders high and consistent dividend income during the period. Thes...

  • January 24, 2022 10:01 AM AEDT
  • Ashish
What is back-to-school shopping? ASX stocks to look at as states mull reopening
Consumer Stocks

What is back-to-school shopping? ASX stocks to look at as states mull reopening

In merchandising parlance, back-to-school is referred to as the period in which students and their parents buy school supplies and apparel for the forthcoming session at school. Departmental stores and other shops related to school business could b...

  • January 24, 2022 09:38 AM AEDT
  • Ashish
ASX 200 set for dull start on dismal Wall Street cues
Stock Market

ASX 200 set for dull start on dismal Wall Street cues

The Australian share market is expected to open on a negative note following dismal end to Wall Street last Friday. Domestic stocks are likely to take a cue from the weakness in US tech stocks, while concerns of inflation and monetary policy tighte...

  • January 24, 2022 09:01 AM AEDT
  • Ashish
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