News
What is Driving Asian Markets Today?
February 06, 2025 03:16 PM AEDT| By Team Kalkine MediaHighlights,Asian markets showed gains following positive earnings from major global companies.,Japanese automakers, including Nissan and Honda, remained in focus amid ongoing discussions.,U.S. tech and healthcare stocks influenced overall market sent...
Cannindah Resources (ASX: CAE) Appoints Investment Expert John Morrison to its Board
February 06, 2025 03:15 PM AEDT| By Aditi SarkarHighlights,Cannindah Resources gains valuable expertise with John Morrison’s appointment to the board.,Morrison is CEO of Swilken Capital and Executive Chairman of Portside Credit Partners.,Morrison has over three decades of experience in investment...
Is the ASX Heading for a New Record?
February 06, 2025 03:02 PM AEDT| By Team Kalkine MediaHighlights,The ASX 200 moved closer to a record high, gaining momentum amid easing tariff concerns.,News Corp (ASX:NWS) surged over 5% following strong revenue growth in its real estate segment.,Energy stocks lagged as Brent crude prices dipped below...
ASX Midday Market Update: Movers and Highlights
February 06, 2025 01:21 PM AEDT| By Team Kalkine MediaHighlights,News Corp (ASX: NWS),surged 5.3% after delivering strong Q1 FY25 earnings, surpassing expectations in digital real estate, book publishing, and Dow Jones.,Generation Development (ASX: GDG),gained 3.6%, driven by upcoming legislative change...
ASX 200 Advances Amid Broad Gains as CBA Rises; PEXA Declines Sharply
February 06, 2025 11:17 AM AEDT| By Team Kalkine MediaHighlights:,Market Gains Extend:,The S&P/ASX 200 increased 0.5% to 8457, with ten of eleven sectors posting gains, led by consumer discretionary and real estate stocks.,Financial and Retail Strength:,Commonwealth Bank (,ASX:CBA,) rose 1.2%, Wesfarmer...
Nova’s Estelle has been identified as one of nine potentially viable global antimony projects in the near term.
February 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Antimony prices have surged due to restricted global supply and rising demand.,Nova Minerals has identified high-grade stibnite at the Estelle project in Alaska.,The company is advancing exploration efforts and seeking funding for product...
Global Markets in Focus: ASX 200 Advances, S&P 500 Climbs, and Corporate Earnings Under Scrutiny
February 06, 2025 10:57 AM AEDT| By Team Kalkine MediaHighlights:,Global equities remain in positive territory, buoyed by declining bond yields and a softer US dollar.,Mixed earnings reports from key companies such as (NASDAQ:AMD), (NASDAQ:GOOGL), (NASDAQ:UBER), and (NASDAQ:SNAP) highlight varying opera...
QX Resources (ASX:QXR) Advances Lithium and Gold Projects with New Funds and Acquisitions
February 06, 2025 10:00 AM AEDT| By Sonal GoyalHighlights,QX Resources has renegotiated its option agreement for the Liberty Lithium Brine Project in California.,QXR raised AU$1 million in the December 2024 quarter, with AU$150k contributed by,The company has secured options for two additional li...
PolyNovo (ASX:PNV) Eyes Further Revenue Growth After Profitability Turnaround in FY24
February 05, 2025 08:01 PM AEDT| By Team Kalkine MediaHighlights,In FY24, PNV’s revenue grew 57.5% YoY to AUD 104.8 million.,The company achieved a net profit after tax of AUD 5.3 million in FY24, compared to a loss of AUD 4.9 million in FY23.,In 1HFY25, U.S. sales were up 27.9% YoY to AUD 41.2 million,...
Is the ASX Materials Sector Setting New Market Standards?
February 05, 2025 06:09 PM AEDT| By Team Kalkine MediaHighlights,ASX Materials sector features key companies in mining and packaging.,Solstice Minerals (ASX:SLS) expands its resource base with a significant acquisition.,Vertex Minerals (ASX:VTX) implements advanced ore sorting technology.,The ASX materi...
A data center in each tower? Centuria Office REIT observes a 'changing sentiment,' but growth remains steady.
February 05, 2025 06:09 PM AEDT| By Team Kalkine MediaCommercial Real Estate Adapts to Changing Market Dynamics
How EarlyBirds Helps Unlock AI Adoption for Strategic Innovation
February 05, 2025 06:00 PM AEDT| By Aditi SarkarHighlights,Artificial intelligence (AI) is revolutionising business strategies, extending beyond supply chains and marketing to drive innovation.,AI is a valuable asset for executives, providing valuable insights that enhance strategic planning.,Earl...
Insiders at Washington H. Soul Pattinson have increased their holdings by acquiring AU$27.3 million worth of stock.
February 05, 2025 04:19 PM AEDT| By Team Kalkine MediaHeadlines,Insiders show confidence in Washington H. Soul Pattinson with significant share purchases.,Chairman Robert Millner invested AU$13m, exceeding current share prices.,Insiders hold 5.3% of ASX:SOL, aligning interests with shareholders.,Insider...
ASX Stocks Potentially Undervalued by Up to 43.4%
February 05, 2025 04:19 PM AEDT| By Team Kalkine MediaSummary,Australian stock market shows mixed sector performance.,Identifying undervalued stocks may offer growth opportunities.,Highlighting specific stocks that trade below their intrinsic value.,Exploring Australia's Undervalued Stocks,The Australia...
Institutional investors favor Fortescue Ltd (ASX:FMG), as they own 53% of the company.
February 05, 2025 04:17 PM AEDT| By Team Kalkine MediaHeadlines,Institutional investors hold the majority in Fortescue Metals Group (ASX:FMG).,Top four investors command over 50% of Fortescue's shares.,Understanding the ownership structure offers insights into the company's future.,Who Holds the Reins o...
Australia's Economic Landscape: Gradual Monetary Easing Amid Mixed Signals
February 05, 2025 03:58 PM AEDT| By Team Kalkine MediaHighlights,Resilient Labor Market:,Low unemployment near 4% bolsters economic stability.,Rising Consumer Spending:,Tax cuts and cost-of-living subsidies drive a robust consumer revival.,Currency and Credit Dynamics:,A depreciating Australian dollar a...
ASX Advances Amid Mining Surge and Tariff Developments: Market Update
February 05, 2025 03:39 PM AEDT| By Team Kalkine MediaHighlights,ASX indexes rose modestly with the S&P/ASX 200 gaining 0.6% and the,All Ordinaries,index increasing by 0.7%, reflecting broad market resilience.,Key mining stocks, including Coronado Global Resources (CGR), Whitehaven Coal (WHC), and Stanm...
VRX Silica (ASX:VRX) Updates on Arrowsmith North Environmental Approval Process
February 05, 2025 02:35 PM AEDT| By Sonal GoyalHighlights,The Environmental Protection Authority (EPA) of Western Australia published its assessment report and recommended the project to the Minister for Environment.,The Conservation Council of WA (CCWA) filed an appeal challenging multiple aspec...
Vegemite in Space: Australian-Made Rocket Prepares for Its First Launch
February 05, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Gilmour Space Technologies plans to launch an Australian-built orbital rocket in March.,The Eris rocket will carry a jar of Vegemite as a symbolic payload.,A successful launch could strengthen Australia's position in space technology.,Gilm...
Critical Metals Corp Strategic Moves in Rare Earth and Lithium Markets
February 05, 2025 11:00 AM AEDT| By Team Kalkine MediaCritical Metals Corp Strategic Moves in Rare Earth and Lithium Markets
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