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What is Andreessen Horowitz crypto fund? Can it stop market crash?
Cryptocurrency

What is Andreessen Horowitz crypto fund? Can it stop market crash?

Highlights Through the funding, Andreessen Horowitz aims to invest in the virtual currencies behind projects and equity in a company. Andreessen Horowitz was founded in 2009, and in the past few years, the private venture capital firm has gaine...

Five most expensive cryptocurrencies other than Bitcoin
Cryptocurrency

Five most expensive cryptocurrencies other than Bitcoin

Bitcoin is undoubtedly the most valued cryptocurrency that we have right now both in terms of price of each token and market capitalisation. Hardly anybody new about Bitcoin when it was launched in 2009. It gained prominence only after few years...

From REG to ICR: Latest updates from ASX-listed aged care stocks
Healthcare Stocks

From REG to ICR: Latest updates from ASX-listed aged care stocks

Highlights The Australian government provides funding to a range of aged care homes Regis Healthcare provides care for over 7,200 people throughout Australia Swift Networks has secured a new agreement worth AU$1.5 million with Hubify Limited ...

Invictus Limited (ASX:IVZ) executes well services contract with Baker Hughes
Sponsored

Invictus Limited (ASX:IVZ) executes well services contract with Baker Hughes

ng soundly. Invictus Energy Limited (ASX:IVZ) has successfully executed a well services contract with Baker Hughes. This marks yet another milestone for Invictus as it progresses its 80% owned and operated Cabora Bassa Project in Zimbabwe. Notab...

Why is Qantas (ASX:QAN) making headlines today?
Consumer Stocks

Why is Qantas (ASX:QAN) making headlines today?

Highlights Qantas announced rebalancing of capacity and fares in domestic travel. Russia and Ukraine war has shot up the prices of fuel. Qantas’ international operations remains unaffected. Australian air transportation services pro...

ASX drops 0.69% on weak Chinese cues, Appen emerges as top gainer
Stock Market

ASX drops 0.69% on weak Chinese cues, Appen emerges as top gainer

Today, the ASX 200 could not sustain morning cheers. The benchmark index dropped 0.69% to trade at 7.105.90 points by market close. While in the past last five trade days the index has grown by 0.59%, it is still down 4.55% on a year-to-date basis....

New Hope Corporation (ASX:NHC) shares trade in red today, here’s why
Metal & Mining Stocks

New Hope Corporation (ASX:NHC) shares trade in red today, here’s why

Highlights New Hope Corporation Limited shares slumped 6.585% at AU$3.830 per share on ASX at 3:04 PM AEST today. In its quarterly activities report for April 2022, which was released today, the company’s total coal sold declined by 26.7%...

Mapping the price trajectory of Internet Computer (ICP) crypto
Cryptocurrency

Mapping the price trajectory of Internet Computer (ICP) crypto

Highlights Internet Computer is a blockchain, with a not-for-profit organisation, DFINITY, at top The network is being used by multiple projects, including gaming, NFTs, DApps, and DeFi ICP token of Internet Computer has mostly traded in the r...

QBE, SUN, IAG: How are these ASX financial stocks faring?
Stock Market

QBE, SUN, IAG: How are these ASX financial stocks faring?

Highlights The ASX200 financial sector closed in red today.  Shares of QBE Insurance closed tad down on the ASX.  Suncorp shares too closed a little lower, most likely because of the overall bearish sentiment on the ASX today.  ...

  • May 26, 2022 06:17 PM AEST
  • Ritwika
Zoom calls aren’t as hated as you might think, according to outsourcing experts BruntWork
Sponsored

Zoom calls aren’t as hated as you might think, according to outsourcing experts BruntWork

“Can you hear me?” “Can you see my screen”. Or that awkward moment when you can’t find the “leave meeting” button so you are stuck on silence with your co-worker or client in a Mexican standoff situation.&nbs...

What is Songbird crypto and why is it gaining traction?
Cryptocurrency

What is Songbird crypto and why is it gaining traction?

Highlights The native tokens of the Flare network are Songbird and Spark (FLR). The Songbird crypto has a total supply of 16.01 billion, and its self-reported circulating supply is 9.99 billion. Songbird crypto ranks 2,983 out of 19,583 crypto...

PDN, EL8: ASX shares in the spotlight as Uranium prices fall
Stock Market

PDN, EL8: ASX shares in the spotlight as Uranium prices fall

Highlights Western sanctions on Russian imports have disrupted the supply chain of various key commodities. The upward momentum in uranium prices in early 2022 was driven by supply risks and higher demand prospects. Prices of uranium have drop...

Crypto Catch: DFI.Money token tanks amid Ponzi concerns
Cryptocurrency

Crypto Catch: DFI.Money token tanks amid Ponzi concerns

Highlights The Money (YFII) crypto is in focus after the token lost more than 29% of its value on Wednesday Fashion house, Balenciaga will begin accepting crypto payments, particularly in BTC and ETH Bitcoin lost slightly from yesterday, los...

What’s the buzz about Bone ShibaSwap (BONE) crypto?
Cryptocurrency

What’s the buzz about Bone ShibaSwap (BONE) crypto?

It is quite possible for a bunch of altcoins to trade in the green despite Bitcoin witnessing a decline. In the stock market as well, not all scrips trade at a gain or at loss simultaneously. Though cryptos are not stocks, many experts are of the v...

Aussie petrol prices set for record highs: Factors fuelling rise
Economy

Aussie petrol prices set for record highs: Factors fuelling rise

raine and Russia. The age of skyrocketing prices is not new to Aussies now. According to the recent Reserve Bank of Australia (RBA) data, the Australian CPI is 5.1%. As a result of high inflation, the central bank decided to increase the fixed i...

IFT, MCY, GNE: How did these 3 ASX renewable energy stocks fare YTD?
Stock Market

IFT, MCY, GNE: How did these 3 ASX renewable energy stocks fare YTD?

Highlights Though Australia did not join the COP26 pledge to phase out coal by 2030, it is moving forward on numerous transition goals. Australia will close its largest coal-fired power plant by 2025. Australia is one of 20 countries showi...

A2M, BUB, AHF, SM1: How are these dairy stocks performing on ASX today?
Stock Market

A2M, BUB, AHF, SM1: How are these dairy stocks performing on ASX today?

Rising inflation has now become a matter of concern for common citizens in Australia as they have to spend extra money from their pockets for groceries and other consumables, including milk and other dairy products. Thanks to the ongoing Russia-Ukr...

IPO watch: How Demetallica and TG Metals fared on ASX debut today
IPO

IPO watch: How Demetallica and TG Metals fared on ASX debut today

ay. There are over five initial public offerings (IPOs) which are scheduled to be listed in May. In 2021, more than 240 companies launched their IPOs, making it a record year for public listings. Over 30 odd firms are likely to list on the ASX...

  • May 26, 2022 01:51 PM AEST
  • Ashish
What's in store for Australian house prices under new government?
Economy

What's in store for Australian house prices under new government?

Highlights The Reserve Bank’s latest interest rate hike has helped ease some of the pressure on the housing demand. The Albanese government has promised a set of reforms for the housing population. The supply-side challenges might make i...

Fonterra (ASX:FSF) sets milk prices for FY23; shares gain
Consumer Stocks

Fonterra (ASX:FSF) sets milk prices for FY23; shares gain

The shares of Fonterra Shareholders’ Fund (ASX:FSF) were spotted trading 1.556% higher at AU$2.610 per share at 11:00 AM AEST on the ASX today (26 May). The ASX-listed food and beverage company has released the 2022/23 (FY2023) opening forec...

  • May 26, 2022 01:24 PM AEST
  • Ritwika
Catapult (ASX:CAT) reports 29% growth in subscription revenue in FY22
Technology Stocks

Catapult (ASX:CAT) reports 29% growth in subscription revenue in FY22

Highlights Catapult reports revenue growth pushed by increased subscriptions in FY22. The wearables company sees the SAAS model as beneficial for its customers. The company boasts of US$26.1 million cash at bank. ASX-listed wearables tech...

Decoding DIMO crypto: What are its key features and is it safe?
Cryptocurrency

Decoding DIMO crypto: What are its key features and is it safe?

Highlights New assets are entering the cryptoverse regardless of the ongoing subdued phase DIMO is said to be an open source platform that generates data for vehicle owners DIMO token is native to this platform, and it will be used in governan...

Westpac (ASX:WBC) shares up on merging super assets, selling Advance
Financial Stocks

Westpac (ASX:WBC) shares up on merging super assets, selling Advance

Highlights Westpac shares were trading in the green today. The shares of Westpac gained because of the update on its superannuation business. Westpac is selling its Advance asset management business and merging BT's personal and corporate supe...

ASX 200 gives up opening gains; IT stocks rebound, miners see profit booking
Stock Market

ASX 200 gives up opening gains; IT stocks rebound, miners see profit booking

Highlights The Australian share market opened higher on Thursday following positive handover from Wall Street. However, the benchmark index soon succumbed to profit booking in mining stocks and slipped into the red. Six of 11 sectors traded hi...

Volpara Health (ASX:VHT) exceeds revenue guidance in FY22
Healthcare Stocks

Volpara Health (ASX:VHT) exceeds revenue guidance in FY22

Highlights Volpara marked 32% increase in revenue from customer contracts to NZ$26.1 million. Volpara delivered gross profit margin of over 91% in FY22. Volpara recorded 45% surge in the cash receipts. Health care technology provider, Vol...

Microba (ASX:MAP) seals deal with nib-backed Midnight Health for Vidality
Stock Market

Microba (ASX:MAP) seals deal with nib-backed Midnight Health for Vidality

 Highlights Microba Life Sciences has partnered with Midnight Health to offer Vidality, a truly personalised solution powered by its technology. nib Holdings-backed digital healthcare firm Midnight Health will be responsible for promoting,...

What’s driving 30% rally in Appen (ASX:APX) share price?
Technology Stocks

What’s driving 30% rally in Appen (ASX:APX) share price?

0). Appen Ltd (ASX:APX) on Thursday confirmed that it has received a takeover proposal worth AU$1.17 billion from Canadian technology firm TELUS International. Appen, which is an AI training data company, said that it received a receipt of an ...

  • May 26, 2022 10:54 AM AEST
  • Ashish
RBNZ raises interest rates again, what to expect from RBA?
Economy

RBNZ raises interest rates again, what to expect from RBA?

Highlights The RBNZ was one of the first central banks to raise interest rates in the post-COVID period and has raised rates again by 50 bps in May. Global pressures have raised commodity prices and transportation costs, leading to supply-chain...

MNB, GSR, CNJ: Why these ASX mining shares rose over 19% yesterday
Metal & Mining Stocks

MNB, GSR, CNJ: Why these ASX mining shares rose over 19% yesterday

ts. The Australian share market ended Wednesday on a positive note, with ASX 200 settling 0.37% higher at 7,155.20. Even the ASX All Ordinaries index ended the day 0.25% higher. However, the overall stock market gains were paled by the stellar...

  • May 26, 2022 08:56 AM AEST
  • Ashish
ASX 200 to rise; US stocks gain after latest Fed meeting minutes
Stock Market

ASX 200 to rise; US stocks gain after latest Fed meeting minutes

Highlights The Australian share market is expected to rise on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 11 points or 0.15% higher. On Wall Street, the Dow Jones rose 0.6%, the S&P 500 rose 0.95%...

  • May 26, 2022 07:58 AM AEST
  • Ashish
Wall Street edges higher after Fed minutes; DKS, JWN, NVDA rally
Market Updates

Wall Street edges higher after Fed minutes; DKS, JWN, NVDA rally

US stocks closed higher on Wednesday, May 25, after Fed's minutes from its last policy meeting showed that most members favored more aggressive interest rate increases to calm inflation. The S&P 500 was up 0.95% to 3,978.73. The Dow Jones rose 0...

Why is Ethereum Classic (ETC) crypto gaining attention?
Cryptocurrency

Why is Ethereum Classic (ETC) crypto gaining attention?

Highlights: Ethereum Classic operates as a smart contract network for hosting decentralized applications (DApps). The ETC token is available for trading on several major crypto exchanges like Binance, OKEx, etc. It returned gains of over 19% i...

Is DFI.Money (YFII) crypto price dropping on Binance news?
Cryptocurrency

Is DFI.Money (YFII) crypto price dropping on Binance news?

Highlights: Money is a fork of the DeFi aggregator platform yearn.finance (YFI). The YFII crypto price slipped more than 34% in the last seven days. The token is available for trading on exchanges like OKEx, Huobi Global, etc. The DFI.Mon...

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