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 Amazon's Q3 Surge: Revenue and Profit Rise Amid Record AI Investment

Amazon's Q3 Surge: Revenue and Profit Rise Amid Record AI Investment

November 01, 2024 10:00 AM AEDT| By Team Kalkine Media

Amazon's Q3 earnings revealed a significant growth, with net sales rising 11% to $158.87 billion and net income increasing by 55% to $15.33 billion, both outperforming market expectations....

 Canva’s Valuation Surges to Nearly $50 Billion Amid Growing Global Interest

Canva’s Valuation Surges to Nearly $50 Billion Amid Growing Global Interest

November 01, 2024 09:50 AM AEDT| By Team Kalkine Media

Australian design software leader Canva has seen its valuation jump nearly 20%, reaching $US32 billion ($50 billion AUD), following a recent share sale....

 CRH Expands in Australia with Acquisition of Civilmart Concrete Business

CRH Expands in Australia with Acquisition of Civilmart Concrete Business

November 01, 2024 09:30 AM AEDT| By Team Kalkine Media

Irish building materials giant CRH is set to acquire Civilmart, Australia’s second-largest concrete pipe and precast manufacturer, from CPE Capital....

 Healthscope Threatens to End Bupa Deal Over Hospital Fee Dispute

Healthscope Threatens to End Bupa Deal Over Hospital Fee Dispute

November 01, 2024 09:20 AM AEDT| By Team Kalkine Media

Healthscope, Australia’s second-largest private hospital network, has warned insurers, including Bupa, that it may terminate their contracts unless they accept a new patient fee....

 MinRes Cuts Jobs, Slows Lithium Project Amid Debt Concerns

MinRes Cuts Jobs, Slows Lithium Project Amid Debt Concerns

November 01, 2024 09:00 AM AEDT| By Team Kalkine Media

Mineral Resources (MinRes) has announced 570 job cuts and a slowdown at its Mount Marion lithium project as it aims to manage its debt-laden balance sheet....

 Persistent Inflation Delays Hopes for RBA Rate Cuts

Persistent Inflation Delays Hopes for RBA Rate Cuts

October 31, 2024 10:00 AM AEDT| By Team Kalkine Media

Investor hopes for an early interest rate cut in Australia have dimmed following a report showing persistent inflation in the services sector....

 ACCC Sues Optus for Exploiting Vulnerable Customers

ACCC Sues Optus for Exploiting Vulnerable Customers

October 31, 2024 09:50 AM AEDT| By Team Kalkine Media

The (ACCC) has filed a lawsuit against Optus, accusing the telco giant of exploiting vulnerable Australians through high-pressure sales of phone and internet services....

 What are ETFs?

What are ETFs?

October 31, 2024 09:50 AM AEDT| By Team Kalkine Media

Dive into the essentials of Exchange-Traded Funds (ETFs) and explore what makes them one of the most appealing investment vehicles today. Learn how ETFs pool money from investors, are managed by fund managers, and invest across diverse asset classes,...

 What is meant by Exchange Rate?

What is meant by Exchange Rate?

October 31, 2024 09:45 AM AEDT| By Team Kalkine Media

Understand the significance of exchange rates in defining currency value, facilitating global trade, and reflecting economic health. Learn about the two main categories of exchange rates: flexible (floating) and fixed, and how they function in differ...

 What is the European Union?

What is the European Union?

October 31, 2024 09:30 AM AEDT| By Team Kalkine Media

Explore the foundation, goals, and operational structure of the European Union (EU), an economic and political union comprising 27 European countries. Understand its key treaties, values, and institutions, including the pivotal European Court of Just...

 Travel Boom Expert Chamberlain Shares His Path to Billionaire Status in 2024

Travel Boom Expert Chamberlain Shares His Path to Billionaire Status in 2024

October 31, 2024 09:15 AM AEDT| By Team Kalkine Media

Robert Chamberlain, founder of Huno Group, has solidified his position as a billionaire, with the travel business reporting a 25% revenue increase, pushing earnings to $232.6 million in the last fiscal year....

 What is Exchange Delivery Settlement Price EDSP?

What is Exchange Delivery Settlement Price EDSP?

October 31, 2024 09:10 AM AEDT| By Team Kalkine Media

Discover the importance of the Exchange Delivery Settlement Price (EDSP) in the settlement of exchange-traded derivatives. Learn how exchanges like the London Stock Exchange, CME, and NYMEX determine EDSPs for different markets—from FTSE 100 indices...

 What is an expansionary policy?

What is an expansionary policy?

October 31, 2024 08:50 AM AEDT| By Team Kalkine Media

Discover the role of expansionary policy as a macroeconomic tool designed to stimulate economies facing declining growth or recession. Understand the differences between expansionary monetary and fiscal policies and how they work together to boost ec...

 Pilbara Minerals Cuts Lithium Output, Suspends Plant Amid Market Glut

Pilbara Minerals Cuts Lithium Output, Suspends Plant Amid Market Glut

October 31, 2024 08:30 AM AEDT| By Team Kalkine Media

Pilbara Minerals, Australia’s largest lithium miner, has announced the suspension of one of its processing plants and plans to cut lithium production in response to falling commodity prices....

 Netflix Co-CEO Greg Peters on Scaling a Start-up Culture

Netflix Co-CEO Greg Peters on Scaling a Start-up Culture

October 31, 2024 08:20 AM AEDT| By Team Kalkine Media

Netflix co-CEO Greg Peters, once an aspiring astronaut, is no stranger to adapting ambitions and thriving in fast-paced environments....

 Woolworths CEO Faces Tough Start Amid Profit Downgrade and Share Price Drop

Woolworths CEO Faces Tough Start Amid Profit Downgrade and Share Price Drop

October 30, 2024 10:00 AM AEDT| By Team Kalkine Media

Woolworths’ new CEO, Amanda Bardwell, faced a challenging debut with investors as she reported a profit forecast downgrade, prompting a swift 6% drop in share value....

 Elon Musk’s xAI Seeks New Funding Round at $40 Billion Valuation

Elon Musk’s xAI Seeks New Funding Round at $40 Billion Valuation

October 30, 2024 09:50 AM AEDT| By Team Kalkine Media

Elon Musk's ambitious AI startup, xAI, is back in the spotlight with a potential funding round that could boost its valuation to a whopping $40 billion! In this video, we dive into what this means for the future of AI, why investors are showing so mu...

 BlueScope Cuts Profit Forecast Amid Surge in Chinese Steel Exports

BlueScope Cuts Profit Forecast Amid Surge in Chinese Steel Exports

October 30, 2024 09:40 AM AEDT| By Team Kalkine Media

Australia’s largest steelmaker, BlueScope, has issued a warning to investors, forecasting a 25% drop in profits for the second half of the year. This downturn is due to heightened competition from Chinese exports, posing challenges in the Australian...

 Healthscope to Impose $100 Daily Fee on Bupa Patients

Healthscope to Impose $100 Daily Fee on Bupa Patients

October 30, 2024 09:30 AM AEDT| By Team Kalkine Media

Starting November 26, Healthscope will impose extra fees on patients insured by Bupa due to unresolved funding negotiations between the two organizations. In this video, we explore what this means for Bupa customers and Healthscope’s facilities, and...

 Roy Hill’s Record Year Triples Dividend, Rinehart Reaps $2.8B Payday

Roy Hill’s Record Year Triples Dividend, Rinehart Reaps $2.8B Payday

October 30, 2024 09:15 AM AEDT| By Team Kalkine Media

Roy Hill, one of Australia’s largest iron ore mines, has reached new financial heights! Owned by Gina Rinehart’s Hancock Prospecting, the mining giant reported record dividends in the 2024 financial year, tripling its payout and boosting the wealth o...

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