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Market updates
Exploring Momentum: Prospech, Hera Med, and LCL Resources’ Notable Gains
November 11, 2024 03:48 PM AEDT| By Team Kalkine MediaHighlights,Prospech,reports assay results with stock up by over 14%.,Hera Med secures investment, shares rise,nearly 10%,.,LCL Resources completes trenching, shares gain over 11%.,In recent trading, shares of Prospech, Hera Med, and LCL Resources saw...
Market Slides as Chinese Stimulus Falls Short, Mining and Energy Stocks Hit
November 11, 2024 03:12 PM AEDT| By Team Kalkine MediaHighlights,ASX slips, weighed down by mining and energy sectors.,Key players like,ASX:BHP,and,ASX:RIO,face declines amid commodity pressures.,Battery tech and asset management sectors see gains despite,market,dip.,The Australian sharemarket experienc...
Japanese Investors Retreat from Australian Bonds over Currency, Rate Concerns
November 11, 2024 02:01 PM AEDT| By Team Kalkine MediaHighlights,Japanese investors reduce Australian bond holdings in September, driven by currency and rate outlook concerns.,Local dollar’s weakness,fails to,attract Japanese interest, reflecting currency sensitivity.,Rising interest in U.S. debt, as Ja...
Azerbaijan Hosts COP29 Amid Criticism of Greenwashing and Fossil Fuel Dependence
November 11, 2024 01:43 PM AEDT| By Team Kalkine MediaHighlights,Azerbaijan hosts COP29 while boosting fossil fuel exports, sparking greenwashing critiques.,EU-Azerbaijan gas deal underscores Azerbaijan’s key role in Europe's energy security.,Activists criticize Azerbaijan’s limited progress on climate...
Surge in Electric Vehicle Sales Reflects Growing Acceptance in Australia
November 11, 2024 01:41 PM AEDT| By Team Kalkine MediaHighlights,Electric vehicle sales in Australia grew by 17.7% over the past year.,BEV and PHEV sales made up 9.5% of new light vehicles in 2024.,Increased EV availability and affordability expected with new standards.,Electric vehicle (EV) sales in Au...
ASX Slips as Weak Chinese Stimulus Hits Mining and Energy Stocks
November 11, 2024 12:24 PM AEDT| By Team Kalkine MediaHighlights,ASX falls as mining and energy stocks decline following weak Chinese stimulus.,Key stocks like BHP and Rio Tinto experience significant losses.,Tech, real estate, and select companies show resilience despite market downturn.,The Australian...
Elon Musk and Donald Trump Poised for Historic Government Disruption, Says Sokoloff
November 11, 2024 12:10 PM AEDT| By Team Kalkine MediaHighlights,Elon Musk and Donald Trump’s collaboration aims to reshape U.S. governance.,Musk’s disruptive impact in tech could influence federal operations.,The new administration is expected to prioritize government efficiency.,Elon Musk, CEO of Tesl...
Market Slips as Mining and Energy Sectors Lead Losses on ASX
November 11, 2024 11:06 AM AEDT| By Team Kalkine MediaHighlights,ASX falls as mining and energy sectors see declines following China's modest stimulus package.,BHP, Rio Tinto, and Fortescue experience notable drops in value.,Gains in,technology,and real estate sectors provide some balance to the market....
News Corp Q1: What’s Behind the Record Growth?
November 08, 2024 05:07 PM AEDT| By Team Kalkine MediaHighlights,News Corporation's revenue up by 3% in Q1, reaching $2.58 billion.,Digital Real Estate Services and Book Publishing segments drive substantial growth.,Net income soars by 148%, with Dow Jones seeing steady gains.,In a solid start to fiscal...
Australian Markets Set to Rise Amid Global Rate Adjustments
November 08, 2024 05:00 PM AEDT| By Team Kalkine MediaHighlights,ASX futures signal potential gains following U.S. Federal Reserve’s quarter-point rate cut.,Key economic updates from ANZ, Block Inc, REA Group, Perpetual, and News Corp.,Global markets steady as investors react to policy changes and econo...
Australian Stocks Surge as Fed Cuts Rates and China Eyes Economic Stimulus
November 08, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights,ASX gains on Fed rate cuts and China's potential stimulus.,Life360 and Commonwealth Bank hit new highs.,Mining and tech stocks lead the rally, with notable rises in iron ore and gold.,Australian shares rallied on Friday, echoing a positive...
ASX Gains Amid Rate Cuts and China Stimulus Hopes; Block Inc Tumbles
November 08, 2024 04:33 PM AEDT| By Team Kalkine MediaHighlights,S&P/ASX 200 rises on global rate cuts and China stimulus hopes,.,Tech and banking stocks soar; energy sector lags,.,Block Inc drops despite strong profits.,The Australian share market showed positive momentum in the early afternoon, mirror...
ASX Shows Strength as Tech Sector Shines, Energy Slips
November 08, 2024 04:33 PM AEDT| By Team Kalkine MediaHighlights,ASX poised for a strong weekly close, driven by Tech gains.,ANZ CEO notes peak in consumer financial stress.,ASIC probes Mineral Resources over tax issues.,The Australian Securities Exchange (ASX) is positioned to close the week positively...
Strong Revenue Growth for AVITA Medical Amid Rising Expenses
November 08, 2024 03:24 PM AEDT| By Team Kalkine MediaHighlights,AVITA Medical's Q3 revenue increased by 44% year-over-year.,The RECELL technology showed,strong performance,, supporting growth in regenerative treatments.,Operating expenses rose due to investments in expansion, resulting in a wider quart...
Global Scam Epidemic: Trillions Lost in 2024, Says Anti-Scam Alliance
November 08, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights,Scammers stole over US$1 trillion globally in 2024, affecting both developed and developing nations.,A staggering 70% of,scam,victims do not report their losses.,Cybersecurity must improve, as trust in online systems continues to erode.,Sc...
Bitcoin Reaches Record High Amid Interest Rate Cuts and Political Optimism
November 08, 2024 01:42 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin reaches a new all-time high of over $76,000 USD.,Surge driven by recent interest rate cuts from the Federal Reserve.,Positive sentiment surrounding the potential for a friendlier crypto environment under a Trump presidency.,Bitcoin...
How Global Stimulus Measures and Rate Cuts Impact Australian Stocks
November 08, 2024 01:34 PM AEDT| By Team Kalkine MediaHighlights,Australian shares are rising due to global interest rate cuts and China's stimulus signs.,Tech stocks lead the charge, with BHP and gold miners,benefiting,from economic trends.,Afterpay,-owner Block Inc faces a decline despite increased pr...
Trump Administration's Potential Impact on Healthcare Policies and Pharma Oversight
November 08, 2024 12:37 PM AEDT| By Team Kalkine MediaHighlights,Trump’s win could bring shifts in healthcare policies and drug pricing.,Robert F. Kennedy Jr.’s involvement hints at a disruptive health agenda.,Changes may affect the FDA, M&A oversight, and drug pricing approaches.,With Donald Trump’s re...
Block Inc. Faces Market Dip Despite Strong Quarterly Performance
November 08, 2024 11:10 AM AEDT| By Team Kalkine MediaHighlights,Block Inc. reports a 19% profit,increase, but,shares decline.,Revenue reached $3.37 billion in the September quarter.,US-listed shares face pressure from unmet market expectations.,Block Inc. (NYSE: SQ), the owner of popular payment platfo...
Aussie Stocks Up on China Stimulus; Mixed Results for Block, ANZ
November 08, 2024 10:57 AM AEDT| By Team Kalkine MediaHighlights,ASX rises as China's potential stimulus boosts market sentiment.,Block Inc,misses,earnings expectations,,impacting,stock performance.,ANZ reports an 8% decline in annual profits amid strong banking competition.,Australian shares have surge...
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