News
eToro Group Expands with Acquisition of Spaceship
September 27, 2024 05:28 PM AEST| By Team Kalkine MediaHighlights,eToro,set,to,acquire,fintech firm Spaceship for up to $80 million.,Spaceship manages over $1.5 billion in client funds.,The acquisition aims to enhance,eToro's,long-term investment offerings.,eToro Group Ltd, a global trading platform, has...
Trump's Media Company Faces Uncertainty as Stock Restrictions Expire
September 27, 2024 05:25 PM AEST| By Team Kalkine MediaHighlights,Trump Media's stock lock-up period is ending soon.,Company shares have dropped significantly in value.,Trump's future actions could,impact,the company's stability.,Donald Trump, the former US president and current candidate for office, is...
ASX Market Update Iron Ore Prices Rise Amid Surge in Major Miners
September 27, 2024 04:40 PM AEST| By Team Kalkine MediaHighlights,ASX200 rises 0.05%, with materials leading gains.,Major miners surge on strong iron prices, while energy stocks dip.,Star Entertainment hits record lows after resuming trade.,The ASX200 has seen a slight uptick, rising 0.05% to reach 8,208...
China’s Latest Stimulus Boosts Commodities Market: Iron Ore and Metals Surge
September 27, 2024 02:50 PM AEST| By Team Kalkine MediaHighlights,China's latest stimulus sparks optimism in commodities.,Iron ore futures rise above US$100/tn, boosting Australian miners.,Fed rate cuts add to bullish sentiment in metals trading.,China’s economic policies have been a focal point througho...
Market Update: Star Entertainment (ASX:SGR), Endeavour Group (ASX:EDV), and Negative Gearing Developments
September 27, 2024 12:44 PM AEST| By Team Kalkine MediaThe Australian stock market saw notable fluctuations, driven by sector-specific developments and broader policy discussions. Key events include a sharp decline in Star Entertainment’s share price, leadership changes at Endeavour Group, and an admissi...
Oil Prices Decline Amid Market Shifts and Geopolitical Tensions
September 27, 2024 12:39 PM AEST| By Team Kalkine MediaHighlights,Oil prices hit a two-week low as Saudi Arabia signals a shift in production strategy.,Australian oil stocks face pressure following declines in crude prices.,Commodities such as gold, silver, and copper react positively to China's stimulus...
Australian Shares Experience Modest Gains Amid Mining Sector Rally
September 27, 2024 12:20 PM AEST| By Team Kalkine MediaHighlights,The S&P/ASX 200 index rises, driven by gains in the mining sector.,Mineral Resources leads the market with significant gains.,The Energy sector faces declines, with Endeavour Group experiencing a notable drop.,Australian shares experienced...
Raiden Resources (ASX:RDN) completes structural interpretation of Andover South Lithium Project
September 27, 2024 11:59 AM AEST| By Sonal GoyalHighlights,A district-scale structural interpretation of the Andover Complex and a detailed evaluation of magnetic survey data over the Andover South Project has been completed.,The findings will be used to define additional structural trends that ha...
Investors Shift Focus to Semiconductor Stocks Amid Market Volatility
September 27, 2024 11:37 AM AEST| By Team Kalkine MediaHighlights,August trading saw a surge in demand for Nvidia with a 155% increase in trades on,SelfWealth,.,Broad interest in semiconductor stocks persists, with many companies seeing strong trading volumes.,Bitcoin-related ETFs gained traction despite...
Regis Resources Faces Challenges Amid Gold Project Setbacks and Future Opportunities
September 27, 2024 11:14 AM AEST| By Team Kalkine MediaHighlights,Regis Resources,encounters,project delays after a government intervention halted the,McPhillamys,gold mine.,CEO Jim Beyer emphasizes the potential profitability of the project despite significant upfront costs.,Focus shifts to the,Duketon,...
Black Canyon (ASX:BCA) uncovers high-grade manganese at Wandanya prospect
September 27, 2024 11:05 AM AEST| By Sonal GoyalHighlights,Reverse Circulation (RC) drill campaign has been concluded at the W2 and KR2 prospects.,Drilling at the W2 prospect, Wandanya, intersected high-grade manganese, with pXRF analysis indicating grades ranging from 15 to 55% Mn.,Laboratory-bas...
ASX 200 Set to Open Higher as Iron Ore and Silver Surge
September 27, 2024 10:55 AM AEST| By Team Kalkine MediaThe ASX 200 is expected to open with a slight gain, as futures advanced by 19 points, or 0.22%, reaching 8278 as of 8:25 am AEST. Following positive cues from Wall Street, the index could benefit from an upward trend across key commodities. Iron ore...
ASX200 Poised for Another Record High Amid Positive Market Trends
September 27, 2024 10:50 AM AEST| By Team Kalkine MediaHighlights,ASX200 futures,indicate,a rise, nearing an all-time high.,Commodity prices strengthen with iron ore, copper, and silver showing gains.,Star Entertainment Group faces challenges following a significant loss.,The Australian Securities Exchan...
ASX Rallies Amid Chinese Stimulus Measures; Mining Stocks Surge
September 27, 2024 10:32 AM AEST| By Team Kalkine MediaThe Australian share market experienced a notable rally on Thursday, with the mining sector playing a key role in driving gains. The uptick occurred as China made further commitments to economic stimulus aimed at reaching its growth targets.,The S&P/...
ASX Poised for Positive Opening Following Wall Street Gains
September 27, 2024 10:21 AM AEST| By Team Kalkine MediaHighlights,US markets surged on AI enthusiasm and strong economic data.,Copper and lithium stocks saw significant gains.,Oil prices dropped as supply concerns eased.,The ASX is expected to open on a strong note, fueled by optimism from Wall Street’s...
Uranium Market Update: Navigating Challenges and Seizing Opportunities
September 26, 2024 06:25 PM AEST| By Team Kalkine MediaHighlights,Political uncertainty and market corrections have stalled uranium prices, hiding long-term growth potential,.,Companies like Paladin Energy are gaining from renewed nuclear power interest,.,Supply-demand dynamics suggest potential rises in...
ASX Stock Update: Notable Movers and Market Trends
September 26, 2024 06:20 PM AEST| By Team Kalkine MediaHighlights,The ASX 200,has opened,approximately 0.6% higher following positive developments in the iron ore market.,Star Entertainment Group is expected to release its financial report, revealing secured loans to navigate current challenges.,Premier1...
ASX Gains Momentum as China Unveils Stimulus Measures
September 26, 2024 05:36 PM AEST| By Team Kalkine MediaHighlights,The Australian sharemarket experienced a notable rally, with the S&P/ASX 200 Index rising 1% due to positive stimulus news from China.,Major mining stocks, including Rio Tinto and BHP Group, saw significant gains amidst higher iron ore pri...
FY24 Highlights: Platina Resources (ASX:PGM) Advances Exploration with Promising Drilling Plans
September 26, 2024 05:14 PM AEST| By Aditi SarkarHighlights,Platina reported AU$ 12.7 million in cash and AU$ 4.48 million in potential milestone payments as of 30 June 2024.,The A drilling campaign at Xanadu West confirmed an 8km gold corridor with promising assay results.,A large-scale soil sampl...
ASX Climbs Amid Broad Rally as Star Entertainment Reports Billion Loss
September 26, 2024 03:26 PM AEST| By Team Kalkine MediaHighlights,ASX rises broadly despite a mixed session on Wall Street.,Star Entertainment reports a $1.7 billion loss.,Brickworks gains 8.1% despite posting a net loss.,The Australian sharemarket experienced a broad rally on Thursday, pushing the S&P/A...
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