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Market updates
Santa Rally Sparks ASX Surge Led by Financials and Big Four Banks
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- ASX closes in positive territory with financials leading the surge.,- Big four banks shine, propelling the financial sector upwards.,- News Corp and Telstra gain on blockbuster Foxtel deal announcement.,The Australian share market saw a...
WA’s GST Advantage Fuels Controversy Over Revenue Distribution
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Western Australia collects significant GST and mining revenue compared to other states.,- Federal politics influence the distribution of GST funds.,- Cash surpluses in WA contrast with deficits in other states and territories.,Western Au...
Helium’s (HNT) Price Surge: Ecosystem Developments Drive Momentum
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Helium's (HNT) price surges, driven by ecosystem developments.,- Migration to Solana blockchain enhances efficiency and connectivity.,- Adoption of Helium services shows rapid growth.,Helium’s (HNT) price has seen a significant jump in t...
Christmas Spending: Expert Tips for Festive Budgeting Amid Economic Strains
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Christmas spending stress is linked to economic pressures like inflation and income disparity.,- Expert tips emphasize relationships and mindful spending during the festive season.,- Social media comparisons often amplify financial anxie...
Hyperliquid Refutes Hack Allegations Amid Massive Withdrawals and Security Concerns
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Hyperliquid denies claims of a hack linked to North Korea's Lazarus Group.,- Over $60 million in user withdrawals followed suspicious Ethereum transactions.,- The platform's HYPE token witnessed a decline amidst security concerns.,Decent...
Tech Surge and CHESS Recovery Highlight Market Dynamics
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Wall Street ended the week on a positive note, driven by tech sector gains.,ASX resolved CHESS issues to ensure uninterrupted trading.,US Senate approved funding to address government shutdown challenges.,Wall Street experienced a modest r...
ASX Opens Strong After Tech Glitch Resolved: Key Highlights and Market Updates
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,ASX Open Confirmed After Power Outage,: The Australian Securities Exchange (ASX) overcame a major tech glitch caused by a power outage, ensuring smooth operations for the last full trading day before the holiday break.,Positive Market Mome...
Wall Street's Influence Hits Aussie Market: Weekly Wrap and Key Stock Updates
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights:,Australian share market drops sharply, influenced by Wall Street's volatility.,Banking and consumer discretionary sectors face significant declines.,Key stocks see varied performance, with some surprising gains.,The Australian stock marke...
DAZN Expands Global Reach with Foxtel Acquisition in A$3.4 Billion Deal
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,DAZN announces acquisition of Foxtel in a transformative A$3.4 billion deal.,News Corp (NWSA) exits its decades-long ownership of Foxtel.,Telstra and News Corp retain minority stakes in DAZN post-deal.,UK-based sports streaming company DAZ...
ASX Stocks That Shined: Top Performers of the Year
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Significant gains observed in the share prices of key ASX-listed companies over the past year.,Major developments in sectors like biotechnology, fintech, AI, and mining.,Strong growth driven by innovative products, strategic partnerships,...
Navigating Challenges: Andre Cronje on Regulation and Evolving User Preferences
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Andre Cronje highlights regulatory challenges and user preference changes.,Builders face critical choices between decentralization and corporatization.,Regulatory discussions with the SEC showcase complexities for blockchain platforms.,And...
Japan’s Quantum Leap: Advancing Technology with Global Collaborations
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Japan partners with IQM for industrialising quantum computing.,AIST and IQM focus on hardware development and algorithms.,Efforts align with Japan’s quantum roadmap for the next decade.,Quantum Technology Collaboration in Japan, the Japane...
Santa Rally Brightens ASX as Financials and Big Four Shine
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Financials led the ASX 200's rise, with strong performance from the Big Four banks.,News Corp (NWS) and Telstra (TLS) gained after a Foxtel deal announcement.,Super Retail Group (SUL) closed higher following a legal victory.,The ASX 200 ex...
Record gold prices are the 'rising tide' that could potentially revalue junior explorers.
December 21, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Gold prices have climbed , reinforcing its status as a safe-haven asset.,Leading and mid-tier mining companies are experiencing a surge in market value.,Junior explorers are advancing projects, drawing increased attention within the secto...
Ariana Resources Eyes Mid-2025 for Australian Market Entry
December 20, 2024 07:38 PM AEDT| By Team Kalkine MediaHighlights,Ariana Resources targets mid-2025 for its Australian Securities Exchange listing,.,Revised timeline aligns with feasibility study updates and key milestones,.,Shareholder,meeting,and audited financials are part of the listing preparations,...
Wall Street Struggles as Fed's Rate Cuts Forecast Sparks Market Uncertainty
December 20, 2024 05:34 PM AEDT| By Team Kalkine MediaHighlights,Dow narrowly ends its longest losing streak since 1974.,S&P 500 and Nasdaq face slight declines amidst cautious sentiment.,Oil prices and Treasury yields exert additional pressure on equities.,The Dow Jones Industrial Average barely snappe...
Biotech Innovations and Energy Deals Drive ASX Activity This Week
December 20, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Groundbreaking developments in cancer therapy and radiopharmaceuticals.,- Major gas pipeline project agreements in the energy sector.,- Litigation funding initiatives lead to debt reduction and liquidity improvement.,This week, the ASX w...
Unlocking Antimony Potential: Thunderbird Resources' Strategic Move Near Hillgrove Mine
December 20, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Thunderbird Resources (TBH) secures promising antimony tenements near Hillgrove.,- Exploration set to commence at Rockvale and Kookabookra projects.,- Growing market interest in antimony driven by global supply dynamics.,Thunderbird Reso...
Lower Dividends Expected on the ASX as Record Share Prices Shift Dynamics
December 20, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Lower dividends anticipated as record share prices reshape yields.,- Iron ore price trends may influence mining sector dividends.,- Pressure on ASX 200 index as rising costs challenge consumer-facing businesses.,The Australian share mark...
Australian Sharemarket Slips Amid Global Interest Rate Outlook
December 20, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The Australian sharemarket sees losses across most sectors, with key sectors in the red.,- Bellevue Gold and HMC Capital were among the day’s top movers.,- Multiple company announcements, including deals and leadership changes, influence...
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