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Here's why Core Lithium (ASX:CXO) shares gained 422% in a year
Metal & Mining Stocks

Here's why Core Lithium (ASX:CXO) shares gained 422% in a year

May.  The shares of Core Lithium Ltd (ASX:CXO) closed 1.953% higher at AU$1.305 per share on the ASX today (27 May). More than 18 million shares of Core Lithium were traded during the entire trading session on the ASX today.  The sha...

  • May 27, 2022 07:06 PM AEST
  • Ritwika
Infomedia (ASX:IFM) shares grabbed investors’ attention today, here’s why
Technology Stocks

Infomedia (ASX:IFM) shares grabbed investors’ attention today, here’s why

Associates. The shares of ASX-listed technology company Infomedia Limited (ASX:IFM) closed 6.501% higher at AU$$1.720 on ASX after the company announced that it has received a further conditional non-binding indicative proposal from Battery Vent...

ASX 200 closes 1.08% higher following strong lead on Wall Street 
Stock Market

ASX 200 closes 1.08% higher following strong lead on Wall Street 

cretionary. Closing the week above its 20-day Moving Average (MA), the ASX 200 posted a 1.08% gain today to close at 7,182.70. The Aussie benchmark index has gained about 0.53% in the last five days, though it is still down by 3.51% on a ye...

What is Biotechnology Blueprint? How can it benefit Australia’s biotech sector?
Economy

What is Biotechnology Blueprint? How can it benefit Australia’s biotech sector?

Highlights COVID-19 has been a stark reminder of the fact that biotechnology will be needed in future to face uncertain health crises Australia's biotechnology sector has united to launch the Biotechnology Blueprint: A Decadal Strategy for the ...

What a Labor win means for ASX renewable stocks
Stock Market

What a Labor win means for ASX renewable stocks

Highlights The Labor party’s recent win is being hailed as a positive sign for the renewable energy industry and the related stocks. The Powering Australia initiative by the Labor party could be a major stepping stone for some lesser-know...

Imugene posts another achievement: PD1-Vaxx abstract published at ASCO 2022
Sponsored

Imugene posts another achievement: PD1-Vaxx abstract published at ASCO 2022

Highlights Imugene Limited (ASX:IMU) has recently announced the publication of results from its PD1-Vaxx IMPRINTER trial in an abstract at ASCO 2022. The lead author of the abstract is Professor Gary Richardson OAM. PD1-Vaxx is being assessed ...

  • May 27, 2022 05:29 PM AEST
  • Damini
Tracking price movement of “zero-fee” blockchain Bitgert’s BRISE token
Cryptocurrency

Tracking price movement of “zero-fee” blockchain Bitgert’s BRISE token

Highlights Bitgert’s “zero” gas fee claim could be its biggest highlight in the blockchain network space The BRISE token was launched much later as compared to ETH, arguably its biggest competitor BRISE in 2022 has more or le...

XTEK (ASX:XTE) wins AU$46.8M purchase order from international customer
Industrial Stocks

XTEK (ASX:XTE) wins AU$46.8M purchase order from international customer

Highlights XTEK has received ballistic armour purchase order from an international customer. XTEK has not provided any details about the international customer. Shares of XTEK Limited (ASX:XTE) jumped over 30% on the ASX on Friday (27 May)...

SYR, RNU, QGL: Look at the performance of these ASX Graphite stocks
Stock Market

SYR, RNU, QGL: Look at the performance of these ASX Graphite stocks

Highlights Demand for Graphite is expected to grow to meet the demands of the rapidly expanding EV industry. China, Brazil, Mozambique, Russia, Madagascar, and Ukraine are the top Graphite producing countries in the world. The S&P/ASX 200 ...

Sayona Mining (ASX:SYA) shares gain on funding commitments
Metal & Mining Stocks

Sayona Mining (ASX:SYA) shares gain on funding commitments

Highlights Sayona has received commitments to raise AU$190 million funding. The company has hired Salvatore Vitare as its new (CFO) as part of a restructured corporate structure. Anne Blier and Carl Corriveau have been named vice-presidents, e...

What’s in store for Bitcoin in June 2022?
Cryptocurrency

What’s in store for Bitcoin in June 2022?

Highlights Bitcoin’s subdued phase in 2018 coincided with dull performance of the S&P 500 Index in the same year TerraUSD was one of the factors widely blamed by experts for the fall in Bitcoin price in May 2022 How governments react...

Will EV demand explode under Labor government?
Economy

Will EV demand explode under Labor government?

Highlights A majority of Australians say they’d consider buying an electric model as their next car. The Australian Labor Party has formed a “Powering Australia Plan” that aims to make electric vehicles cheaper with an electri...

Landmark move as WHO agrees to adopt a sustainable financing model
World News

Landmark move as WHO agrees to adopt a sustainable financing model

Highlights WHO has come up with a sustainable financing model at the 75th World Health Assembly Member states of WHO have agreed to increase the portion of their contribution to WHO’s budget from 16% to 50% WHO’s portion of income ...

Mount Burgess announces capital raising to progress Kihabe-Nxuu Polymetallic Project
Sponsored

Mount Burgess announces capital raising to progress Kihabe-Nxuu Polymetallic Project

Highlights Mount Burgess Mining NL (ASX:MTB) announced a capital raising of AU$500,000. The capital raising will be made by way of a placement through issue of 100,000,000 fully paid ordinary shares. Funds will enable Mount Burgess to continue...

  • May 27, 2022 03:29 PM AEST
  • Sukriti
Crypto Catch: Terra revival proposal wins supporters' vote
Cryptocurrency

Crypto Catch: Terra revival proposal wins supporters' vote

Highlights Supporters of disgraced token Terra Luna have voted to approve a plan for a new blockchain for its luna cryptocurrency, without reviving the failed LUNA’s sister stablecoin terraUSD. While the older collapsed chain will now be ...

GMG, LLC, DXS: How are these real estate stocks faring today on ASX?
Stock Market

GMG, LLC, DXS: How are these real estate stocks faring today on ASX?

With the global rise in construction costs, the construction sector has been facing a challenging situation since the onset of this year. After a few prominent construction companies, including Tasmanian Constructions, Probuild and Condev, collapse...

Alchemy Resources (ASX:ALY) shares welcome additional pegmatites outcrops at Karonie
Sponsored

Alchemy Resources (ASX:ALY) shares welcome additional pegmatites outcrops at Karonie

Alchemy Resources Limited (ASX:ALY) is riding high on its latest update on the identification of a cluster of pegmatites at the Karonie gold project in Western Australia. Further fieldworks on its flagship project have returned additional outcroppi...

Galileo Mining (ASX:GAL) shares zoom over 26% today, here’s why
Metal & Mining Stocks

Galileo Mining (ASX:GAL) shares zoom over 26% today, here’s why

Shares of Galileo Mining Ltd (ASX:GAL) skyrocketed today (27 May 2022) gaining 26.95% to trade at AU$1.79 apiece on ASX at 12.53 PM AEST. This rise in share price follows an announcement by the company as Galileo informed on Friday (27 May 2022) t...

Why Aussies' power bills are set to go through the roof
Commodities

Why Aussies' power bills are set to go through the roof

Rising energy costs have rung alarm bells across Australia, fuelling speculations that power bills are all set to increase in the country. Most Aussies are already facing tough economic conditions, where managing finances has become a herculean tas...

Race Oncology (ASX:RAC) shares jump on positive Zantrene AML trial results
Stock Market

Race Oncology (ASX:RAC) shares jump on positive Zantrene AML trial results

Highlights Race Oncology has received encouraging results from the first-stage trial of Zantrene in relapsed or refractory Acute Myeloid Leukaemia. The very heavily pre-treated AML patient population has shown encouraging clinical responses. T...

Why did Novonix (ASX:NVX) shares gain over 67% in a year?
Metal & Mining Stocks

Why did Novonix (ASX:NVX) shares gain over 67% in a year?

Highlights  Novonix’s director Trevor St Baker AO, decides to retire from the board of Novonix immediately.  Novonix is garnering investors’ attention due to the rising demand and prices of lithium worldwide.  As a r...

  • May 27, 2022 12:45 PM AEST
  • Ritwika
Will cryptocurrencies bounce back in June? Here are 3 cryptos to watch
Cryptocurrency

Will cryptocurrencies bounce back in June? Here are 3 cryptos to watch

Highlights Cryptocurrencies’ total market cap is now under US$1.3 trillion, with major tokens extending losses LUNA token of Terra ecosystem is set to undergo a change, and it might soon be launched Only a handful of tokens among the top...

ASX 200 jumps over 1% amid broad-based buying; Appen tanks 23%
Stock Market

ASX 200 jumps over 1% amid broad-based buying; Appen tanks 23%

Highlights Strong handover from Wall Street boosted investors’ sentiment on Friday The benchmark ASX 200 index gained over 1% in the first one hour of trading All 11 sectors were trading in the green today The Australian share marke...

Kelsian (ASX:KLS) shares gain over 2% on Stagecoach deal
Consumer Stocks

Kelsian (ASX:KLS) shares gain over 2% on Stagecoach deal

Kelsian Group Limited (ASX:KLS) announced today (27 May 2022) that it has entered into a deal with Stagecoach Bus Holdings Limited, a subsidiary of Stagecoach Group Plc. As per the agreement, Kelsian will sell and divest its East London public bus...

Newcrest (ASX:NCM) shares move up on finding new gold-copper targets in WA
Metal & Mining Stocks

Newcrest (ASX:NCM) shares move up on finding new gold-copper targets in WA

Large cap gold miner, Newcrest Mining Limited (ASX:NCM), has announced new discovery of gold-copper targets and high-priority soil. The announcement was a part of an update from Antipa Minerals on the Paterson and Wilki Farm-in project exploration ...

PEXA Group (ASX:PXA) to buy 25% interest in AI technology company, Elula
Infrastructure & Real Estate Stocks

PEXA Group (ASX:PXA) to buy 25% interest in AI technology company, Elula

Real estate company, PEXA Group Limited (ASX:PXA), shared today that PEXA Insights will acquire up to 25% interest in an Artificial Intelligence (AI) company, Elula. Also, the company is going to ink a strategic partnership deal with Elula. The tra...

High-in-demand health supplements bolster Holista Colltech’s (ASX:HCT) sales growth in ~US$360B market
Sponsored

High-in-demand health supplements bolster Holista Colltech’s (ASX:HCT) sales growth in ~US$360B market

Renowned research-driven biotech company Holista Colltech Limited (ASX:HCT) is an innovator in health and wellness solutions. The company hosts four core business divisions - Dietary Supplements, Healthy Food Ingredients, Ovine Collagen, and Infect...

  • May 27, 2022 11:24 AM AEST
  • Manisha
Wary of job hoppers? Here's how Superior People Recruitment can help
Sponsored

Wary of job hoppers? Here's how Superior People Recruitment can help

One of Australia’s leading recruitment and employment agencies, Superior People Recruitment offers full recruitment services. The firm has won trust and confidence in the industry for serving businesses with a specialist level of placement se...

  • May 27, 2022 11:15 AM AEST
  • Manisha
Meet 10 richest Australians, know their whopping net worth
Economy

Meet 10 richest Australians, know their whopping net worth

Many billionaires contribute to the overall economy of Australia. They come from different walks of life, different industries and have different set of lifestyles. Today, let us take you through a list that features the top 10 richest Australians....

Why Appen’s (ASX:APX) share price is down nearly 24% in early trade
Technology Stocks

Why Appen’s (ASX:APX) share price is down nearly 24% in early trade

Highlights Appen’s shares are trading in the red after the collapse of its takeover bid. On Thursday, Appen confirmed receiving a takeover proposal from TELUS International. TELUS International proposed to acquire a 100% st...

  • May 27, 2022 10:30 AM AEST
  • Ashish
Allup Silica’s (ASX:APS) Sparkler project on fast track with positive metallurgical results
Sponsored

Allup Silica’s (ASX:APS) Sparkler project on fast track with positive metallurgical results

Highlights Initial round of metallurgical testwork on samples from the Sparkler Silica Exploration Project shows potential for a high-quality silica sand product. SiO2 grades of 99.5% to 99.8% were achieved during the conventional testwork. Al...

GAL, RMI, RAS: Why these ASX mining shares rose over 27% yesterday
Metal & Mining Stocks

GAL, RMI, RAS: Why these ASX mining shares rose over 27% yesterday

ay. While the ASX 200 Resources Index (ASX:XJR) underperformed on Thursday, there were a few exceptions which scripted significant gains. The index fell 1.08% yesterday. Similarly, ASX 200 index fell 0.69%. Mining stocks rose on price-sensiti...

  • May 27, 2022 08:42 AM AEST
  • Ashish
ASX 200 to rise; US stocks jump on economic data
Stock Market

ASX 200 to rise; US stocks jump on economic data

Highlights The Australian share market is set to end the week on a positive note. According to the latest SPI futures, the ASX 200 is likely open 69 points or 1% higher on Friday. On Wall Street, the Dow Jones surged 1.6%, the S&...

  • May 27, 2022 07:57 AM AEST
  • Ashish
US stocks rise on retail earnings, economic data; BABA, DLTR rally
Market Updates

US stocks rise on retail earnings, economic data; BABA, DLTR rally

Wall Street's main indices rose for the second straight day on Thursday, May 26, buoyed by positive retail earnings and labor data - affording a glimmer of hope amid market turbulence. The S&P 500 was up 1.99% to 4,057.84. The Dow Jones rose 1.6...

Why is Flux (FLUX) crypto hogging attention?
Cryptocurrency

Why is Flux (FLUX) crypto hogging attention?

Highlights  Flux (FLUX) is a new generation scalable decentralized Web3 cloud infrastructure. Its ecosystem consists of FluxOS, Apps, FluxNodes, Flux, Parallel Mining, Zelcore, Dashboard, and XDAO. Its native coin, FLUX, is used to provid...

Why is Orchid (OXT) crypto rising in a crashing market?
Cryptocurrency

Why is Orchid (OXT) crypto rising in a crashing market?

Highlights: Orchid is a virtual private network (VPN) powered by cryptocurrencies. The OXT token is available for trading on exchanges like Binance, Kraken, etc. The token saw the highest price of US$0.2302 in the last 30 days. The crypto...

Why is The Sandbox (SAND) crypto gaining attention?
Cryptocurrency

Why is The Sandbox (SAND) crypto gaining attention?

Highlights: Coinbase announced that it would allow inbound transfer and trading of the SAND token on its platform. The SAND token returned over 11% gains in the last seven days. The token trades on several exchanges like Uniswap (V2), Gate.io,...

Will Fableborne Game launch stop Avalanche (AVAX) crypto’s slide?
Cryptocurrency

Will Fableborne Game launch stop Avalanche (AVAX) crypto’s slide?

Highlights  The Avalanche blockchain claims to be the fastest smart contract platform. AVAX is the native token of the blockchain used for paying fees, staking, etc.  The Avalanche token fell nearly 79% year-to-date.  The A...

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