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Market updates
ASX 200 Futures and Lithium Stocks in Focus Amid Global Shifts
October 07, 2024 11:35 AM AEDT| By Team Kalkine MediaHighlights,ASX 200 futures,rise,0.31% ahead of,market,open,.,Lithium stocks soar following Rio Tinto’s bid for,Arcadium,Lithium.,US,nonfarm,payrolls far exceed expectations, boosting markets.,ASX 200 futures are up by 26 points or 0.31%, setting the...
X (formerly Twitter) Faces Fines for Breaching Australia's Online Safety Act
October 07, 2024 11:20 AM AEDT| By Team Kalkine MediaHighlights,X (formerly Twitter) was fined $610,500 under Australia's Online Safety Act.,The fine relates to inadequate responses,on,child abuse material inquiries.,The court upheld the fine, rejecting X Corp's appeal.,Elon Musk’s social media platfor...
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Oil Surge Lifts Energy Stocks, ASX200 Slips on Mining Weakness
October 04, 2024 05:52 PM AEST| By Team Kalkine MediaHighlights,ASX200 falls 0.67%, led by declines in mining and IT sectors.,Energy sector rises, driven by oil price surge amid Middle East tensions.,Notable movements include gains in Strike Energy and declines in Neurotech International.,The ASX200 cl...
ASX Loses Ground as Middle East Tensions Snap Three-Week Winning Streak
October 04, 2024 05:06 PM AEST| By Team Kalkine MediaHighlights,ASX ends a three-week winning streak due to Middle East tensions.,Energy stocks gain as oil prices surge; mining and banks decline.,Small-cap tech and gaming stocks see notable gains.,The Australian share market ended its three-week winnin...
Chinese Tech Stocks Surge as Fresh Buying Leads the Rally
October 04, 2024 05:01 PM AEST| By Team Kalkine MediaHighlights,Chinese tech stocks surge after stimulus measures.,Fresh buying drives the rally, not short covering.,Hang Seng Tech Index jumps over 45% in under four weeks.,Chinese tech stocks have seen a remarkable surge following the country's announc...
Middle East Tensions Set to End ASX’s Three-Week Rally
October 04, 2024 03:29 PM AEST| By Team Kalkine MediaHighlights,ASX set to break its three-week winning streak amid Middle East tensions.,Oil prices rise, boosting energy stocks like Woodside and Santos.,Mining sector drops as Chinese stimulus effects wane.,The Australian share market is on course to s...
Petrol Prices at Risk as Middle East Tensions Shake Oil Markets
October 04, 2024 01:23 PM AEST| By Team Kalkine MediaHighlights,Middle East tensions stir oil markets and fuel price concerns.,Israeli strike on Iranian oil facilities being discussed.,Petrol prices in Sydney at a two-year low, but could rise.,The potential for escalating conflict in the Middle East ha...
UBS Predicts ASX to Hit 8500 Points by Mid-2025
October 04, 2024 12:47 PM AEST| By Team Kalkine MediaHighlights,UBS expects ASX to reach 8500 points by mid-2025.,Earnings upgrades and rate cuts seen as key drivers.,Dexus, REA Group, and Newmont highlighted as,benefiting,stocks.,UBS has forecasted a strong rise for the ASX, projecting it to reach 850...
ASX 200 Index Declines 1.1%: Energy Sector Shows Resilience Amid Geopolitical Concerns
October 04, 2024 12:38 PM AEST| By Team Kalkine MediaHighlights:,The,S&P/ASX 200,index fell by 1.09%, with 10 out of 11 sectors down, driven primarily by weakness in Materials.,Energy,was the only sector to post gains, with,Ampol Ltd (ASX:ALD),leading the performance.,Mineral Resources Ltd (ASX:MIN,) w...
China's Stock Rally Faces Potential Downturn, Warns Nomura
October 04, 2024 12:15 PM AEST| By Team Kalkine MediaHighlights,China's stock rally faces potential risks of a downturn.,Economic vulnerabilities include the housing crisis and government debt.,Nomura warns of,possible capital,flight and yuan depreciation.,After a recent surge in China’s stock market,...
Mark Zuckerberg Overtakes Jeff Bezos as World’s Second-Richest Person
October 04, 2024 11:17 AM AEST| By Team Kalkine MediaHighlights,Zuckerberg becomes the world's second-richest person, overtaking Bezos.,Meta's stock surge contributes to Zuckerberg's growing fortune.,Zuckerberg's wealth boosted by AI investments and metaverse projects.,Mark Zuckerberg, the co-founder a...
Australian Shares Expected to Fall Amid Middle East Tensions and Rising Oil Prices
October 04, 2024 10:55 AM AEST| By Team Kalkine MediaHighlights,Australian shares set to drop amid Middle East tensions.,Oil prices surge as market eyes potential Iran retaliation.,Key U.S. jobs report expected to,impact,Federal Reserve decisions.,Australian shares are poised for a drop, following a do...
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Australian Shares Fall as Oil Stocks Rise Amid Middle East Tensions
October 04, 2024 10:49 AM AEST| By Team Kalkine MediaHighlights,Australian shares dip as oil stocks rise amid Middle East tensions.,Energy stocks gain while most ASX sectors fall, led by mining.,Woodside reports a fatality at its Texas site, investigation underway.,Australian shares opened lower today,...
Australian Markets Expected to Open Lower Amid Geopolitical Concerns and Awaiting US Jobs Data
October 04, 2024 09:52 AM AEST| By Team Kalkine MediaHighlights:,Geopolitical tensions,in the Middle East and a potential retaliatory strike on Iranian oil assets have driven oil prices higher, impacting global markets and inflation expectations.,US jobs data,set for release may influence the Federal R...
ASX 200 Set to Fall as S&P 500 Slips and Oil Prices Surge Amid Middle East Tensions
October 04, 2024 09:50 AM AEST| By Team Kalkine MediaHighlights:,ASX 200 futures indicate a drop of 27 points (-0.32%) as US markets close lower, led by volatile trading and a late-session recovery.,Oil prices surge by 4% due to Middle East tensions, with speculation surrounding potential Israeli strik...
Light & Wonder to Report Third Quarter 2024 Results on Tuesday, November 12, 2024
October 04, 2024 09:05 AM AEST| By Business WireLAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today it will release its financial results for the third quarter of 2024,...
Celebrate Iconic Cash Bandits with PlayCroco Online Casino
October 04, 2024 04:17 AM AEST| By Business WireSpin the wheel and celebrate this epic trilogy SYDNEY--(BUSINESS WIRE)--A cracker of a deal has arrived at Australia’s best online casino, with PlayCroco launching their very own Vault Cracker Wheel...
AM Best Affirms Credit Ratings of Union Medical Benefits Society Limited
October 04, 2024 03:55 AM AEST| By Business WireSINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Union Medical Benefits Society Limited (Uni...
Laser Photonics Unveils Animated Concept of Brokk 110 With Laser Cleaning & Cutting Attachments
October 04, 2024 12:00 AM AEST| By Business WireORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, and Br...
billups Strengthens Leadership to Propel Global Expansion in the Middle East and Australia
October 03, 2024 09:00 PM AEST| By Business WireSeasoned Industry Specialists Appointed as Managing Director, Business Directors, and Account Director NEW YORK--(BUSINESS WIRE)--billups, the leading independent Out-of-Home (OOH) managed services a...
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