News

Hedge Funds Drive Surge in Tech Stocks: The Largest Since 2021

February 18, 2025 02:24 PM AEDT| By Team Kalkine Media

Highlights,Hedge funds lead the way,in,a significant increase in tech stock investments.,Software and semiconductor sectors see the largest buying spree in years.,Lower-cost generative AI models in China may accelerate global tech adoption.,Hedge fun...

Stanmore Resources (ASX:SMR) Reports Decline in H1FY24 Earnings, Revises FY24 Guidance

February 18, 2025 02:00 PM AEDT| By Team Kalkine Media

Highlights,Stanmore Resources reported an 11.06% YoY decline in total income for H1FY24.,Underlying EBITDA fell 42.31% YoY to USD 375 million in H1FY24, while NPAT plunged 60% to USD 136 million.,A USD 96 million net gain from the Wards Well asset sa...

Lithium Universe Limited's Insider Movements Strategic Shifts and Ownership Dynamics

February 18, 2025 01:33 PM AEDT| By Team Kalkine Media

Lithium Universe Limited's Insider Movements Strategic Shifts and Ownership Dynamics

Promising ASX Penny Stocks to Watch in February 2025

February 18, 2025 01:30 PM AEDT| By Team Kalkine Media

ASX Penny Stocks: Prospects and Insights

Nomura’s Bold Strategy: Aussie Dollar Set for a Strong Recovery

February 18, 2025 01:28 PM AEDT| By Team Kalkine Media

Highlights,Nomura bets on the Australian dollar to recover by March 18.,US-China tariffs and global risk sentiment play key roles in Nomura's strategy.,Short-term risk for US dollar to boost Australian currency’s prospects.,Nomura (TYO:8604) has take...

Market Decline Continues with Real Estate and Energy Stocks Under Pressure

February 18, 2025 01:19 PM AEDT| By Team Kalkine Media

Highlights,Property group (,ASX:DXS,) and energy giant (ASX:WPL) contribute to market losses.,(,ASX:HMC,) sees a major gain with an increase in assets under management.,Investors closely,monitor,the Reserve Bank of Australia’s potential rate cut.,The...

Radiopharm Theranostics (ASX:RAD, NASDAQ:RADX) to participate in B. Riley Investor Conference

February 18, 2025 12:43 PM AEDT| By Sonal Goyal

Highlights,Radiopharm Theranostics to present at the B. Riley Securities Precision Oncology & Radiopharma Investor Conference.,The conference will be held on 28 February 2025 in New York.,Over 35 biopharma and med-tech companies will be featured at t...

Australian Markets Stay Cautious as RBA Decision Looms

February 18, 2025 12:11 PM AEDT| By Team Kalkine Media

Highlights,Investors await Reserve Bank of Australia's rate decision, with a 90% probability of a cut.,S&P/ASX 200 dips slightly but,remains,near its 52-week high.,Materials,sector leads early gains, while gold recovers amid tariff concerns.,Australi...

ASX 200 Slips as (ASX:BHP) and (ASX:DXS) Weigh; (ASX:HUB) Surges Over 9%

February 18, 2025 11:18 AM AEDT| By Team Kalkine Media

Highlights,Market Retreat:,The S&P/ASX 200 fell 0.2% despite an expected positive open, with the Australian dollar slipping to US63.51¢.,Sector Performance:,Real estate stocks led the declines, while (,ASX:BHP,) dropped 0.7% after announcing its lowe...

ASX 200 Set to Rise as European Stocks Reach Record Highs: BHP, Hub24 Earnings in Focus

February 18, 2025 11:09 AM AEDT| By Team Kalkine Media

Highlights,European Stock Market Surge:,European indices closed at record highs, led by a sharp rally in,defense,stocks amid increased government spending commitments.,ASX 200 Futures Gain:,Australian market poised for a positive start, with ASX 200...