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ASX Set to Climb; Adore Beauty Names Ex-General Pants Executive as CEO
July 29, 2024 09:53 AM AEST| By Team Kalkine MediaASX Set to Rise After Wall Street Rebound; Oil Prices Decline,This week, sharemarket volatility is anticipated as local investors brace for inflation data that could lead to an interest rate hike from the Reserve Bank, while also keeping a close watc...
ASX Set for Gains; Amazon and Meta Earnings Reports Loom
July 29, 2024 09:51 AM AEST| By Team Kalkine MediaGlobal sharemarkets brace for volatility as the,ASX,awaits crucial inflation data and major central bank moves,Futures indicate a strong start for the ASX on Monday, with the,S&P/ASX 200,expected to rise by 0.8%, buoyed by Wall Street's rebound. This...
Arcadia Minerals (ASX:AM7, FRA:8OH) reports ‘compelling’ lithium leach results from Bitterwasser Clay Project
July 29, 2024 09:50 AM AEST| By Sonal GoyalHighlights,From the Bitterwasser Lithium Clays project, 170mg/L high-grade lithium leachate has been produced.,Initial findings show low impurity levels in the leachate, suggesting its potential as an alternative method for lithium extraction.,The an...
Here’s How Crypto is Making Investment Banking More Accessible
July 26, 2024 05:15 PM AEST| By Team Kalkine MediaAt the Bitcoin 2024 Nashville conference, Christian Catalini, co-founder and Chief Strategy Officer of Lightspark, shared his visionary perspectives on the future of money and the transformative role of digital assets in democratizing financial servi...
Could Bitcoin Reach $2.9 Million per Coin by 2050?
July 26, 2024 05:13 PM AEST| By Team Kalkine MediaInvestment management firm VanEck has made a bold prediction about Bitcoin’s future, forecasting that the,cryptocurrency,could achieve a staggering $61 trillion market capitalization by 2050. This ambitious projection is driven by expectations of inc...
Why OpenAI Could Lose 5 Billion this Year and Run Out of Cash in 12 Month?
July 26, 2024 05:12 PM AEST| By Team Kalkine MediaOpenAI, the renowned organization behind the ChatGPT model, is grappling with severe financial challenges that could potentially threaten its future operations. Recent reports indicate that OpenAI might face losses as high as $5 billion in 2024, rais...
This Report Says Crypto Has More Potential Than Stocks and Real Estate
July 26, 2024 05:11 PM AEST| By Team Kalkine MediaA recent survey conducted by crypto exchange Kraken reveals a significant shift in investor sentiment in the United States, with many viewing,cryptocurrencies,as a more promising investment compared to traditional assets such as stocks, bonds, and re...
3 Reasons Bitcoin (BTC) Price is Falling
July 26, 2024 05:09 PM AEST| By Team Kalkine MediaBitcoin, after reaching near $68,000 on July 22, has experienced a notable correction, declining 6% within three days and erasing the previous week’s gains. This correction has seen,Bitcoin,settle around $66,968, with the critical support level at $6...
ETH ETFs Launch in Weak Market could Create Pressure on Bitcoin
July 26, 2024 05:08 PM AEST| By Team Kalkine MediaThe recent launch of spot Ethereum exchange-traded funds (ETFs) has stirred significant discussion in the cryptocurrency world. Charles Edwards, founder of Capriole Investments, has raised concerns about the timing and potential impact of these new f...
This Bitcoin’s Bull Run Could Lead to its Major Comeback
July 26, 2024 05:05 PM AEST| By Team Kalkine MediaAs the political climate heats up in the lead-up to the November election, cryptocurrency enthusiasts and businesses are closely watching the developments surrounding former President Donald Trump. While Trump's past comments on,cryptocurrency,and,Bi...
Direct Client Demand Have Boosted Growth in BlackRock Bitcoin ETF
July 26, 2024 05:04 PM AEST| By Team Kalkine MediaThe rise of Bitcoin exchange-traded funds (ETFs) has marked a significant shift in the financial landscape, driven largely by client demand and institutional interest. Robert Mitchnick, BlackRock's head of digital assets, highlighted these trends at...
Here’s What Happening in Crypto Today
July 26, 2024 05:02 PM AEST| By Team Kalkine MediaIn today’s crypto news, significant developments include a U.S. Senator withdrawing support from a controversial anti-crypto bill, substantial cryptocurrency donations to Donald Trump’s re-election campaign, and notable reactions in the market follow...
ASX 200 to rise, Nasdaq slips on extended tech weakness, Small caps outperform
July 26, 2024 10:10 AM AEST| By Team Kalkine MediaASX 200,futures are trading 33 points higher, up 0.42% as of 8:30 am AEST. The S&P 500 and Nasdaq continued to fall overnight as investors pivoted away from megacap tech stocks. Ford experiences its worst one-day selloff since the GFC, US Q2 GDP prin...
Radiopharm Theranostics (ASX: RAD) Sets Sights on Nasdaq Listing by Year-End
July 26, 2024 03:54 AM AEST| By Aditi SarkarHighlights,Radiopharm plans Nasdaq listing by the end of 2024 to boost global investor access.,The company initiated the secondary listing process in February 2023 but faced delays due to market conditions.,As part of a AU$70mn capital raising initia...
What are Crypto Airdrops?
July 25, 2024 09:37 PM AEST| By Team Kalkine MediaFor those new to the world of cryptocurrency, the concept of crypto airdrops can be intriguing yet confusing.,Crypto,airdrops refer to the process where creators of a cryptocurrency distribute their tokens to holders of an existing blockchain currenc...
ASX 200 Set to Drop as S&P 500 Records Worst Day Since 2022; Newmont and Fortescue Quarterly Reports Awaited
July 25, 2024 10:02 AM AEST| By Team Kalkine MediaHeadlines,ASX,200 Predicted to Drop; S&P 500 Suffers Worst Day Since 2022,Market,Turmoil: S&P 500 Plummets, ASX 200 Expected to Follow,Newmont and Fortescue Quarterly Reports in Focus Amid Market Decline,ASX 200 futures are trading 75 points lower, d...
2 ASX Shares to Watch: COL and BHP
July 24, 2024 05:19 PM AEST| By Team Kalkine MediaAs of 2024, Coles Group Ltd and BHP Group Ltd have shown notable movements in their share prices, reflecting distinct trends within the,Australian stock market,. Coles' performance may indicate shifts in consumer behavior or retail dynamics, while BH...
Duratec (ASX: DUR) downgrades revenue guidance for FY24 amid delay in project awards
July 24, 2024 04:22 PM AEST| By Team Kalkine MediaHighlights,Duratec is an ASX-listed company which offers refurbishment, remediation, protection and assessment services for infrastructure assets,In 1HFY24, DUR’s revenue went up by 28% YoY to AUD 292.7 million,Ertech Holdings Pty. Ltd. has the highe...
Woodside Energy Group Ltd Reports Mixed Quarterly Results
July 24, 2024 03:06 PM AEST| By Team Kalkine MediaWoodside Energy Group Ltd,(ASX: WDS),has seen its share price decline by over 2% following the release of its quarterly update for June 2024. As a major player in the global oil and gas sector, Woodside's latest performance figures provide insight in...
88 Energy (ASX: 88E, AIM: 88E) shares soar on ‘successful’ 2D seismic acquisition in Namibia
July 24, 2024 01:47 PM AEST| By Sonal GoyalHighlights,The 2D seismic acquisition for Petroleum Exploration Licence 93 (PEL 93) was completed within budget, on schedule and without any recordable safety incidents.,A total of 203-line km of 2D seismic data has been successfully acquired .,The p...
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