News
Bitcoin ETFs See Record Outflows Amid Brief Dip Below $90K, Ethereum ETFs Follow Suit
January 14, 2025 06:06 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin ETFs recorded $284 million in outflows on January 13.,Ethereum ETFs experience fourth consecutive day of outflows.,BlackRock stands out with inflows in both Bitcoin and Ethereum ETFs.,Bitcoin exchange-traded funds (ETFs) have been...
Sygnum (SGN) Reaches Unicorn Status With $58 Million Funding Round
January 14, 2025 06:00 PM AEDT| By Team Kalkine MediaHighlights,Sygnum (SGN) secures $58 million in funding.,The funding boosts the company’s valuation to $1 billion, marking a major milestone.,Strategic growth plans include expanding into new markets and improving its product offerings.,Sygnum (SGN),...
Miners Propel ASX Higher as Iron Ore Hits $US100; Ingenia Leads the Way
January 14, 2025 05:54 PM AEDT| By Team Kalkine MediaHighlights,Mining sector boosts ASX, with iron ore prices surpassing $US100 per tonne.,Ingenia Communities (INA) climbs 15% after raising financial guidance.,Star Entertainment (SGR) gains 12% amid significant investor interest.,The Australian sharem...
Region Group (ASX: RGN) Reports AUD 17Mn Profit in FY24, Rebounding from FY23 Loss
January 14, 2025 04:37 PM AEDT| By Team Kalkine MediaHighlights,In FY24, RGN’s revenue increased by 0.9% YoY to AUD 380.4 million.,The company achieved a net profit of AUD 17.3 million in FY24, reversing a net loss of AUD 123.6 million in FY23.,RGN maintains AUD 262.4 million in available liquidity wit...
Tesla's Future: Potential $800 Share Price Amid AI and Autonomous Growth
January 14, 2025 04:03 PM AEDT| By Team Kalkine MediaHighlights,Tesla's (TSLA) share price could reach $800, predicts Morgan Stanley.,Autonomous mobility and AI advancements drive investor interest.,Tesla Mobility and Network Services may redefine recurring revenue models.,Tesla (NASDAQ:TSLA) has once...
ASX Sees Slight Uptick, Fuelled by Mining Stocks and a Star Entertainment Surge
January 14, 2025 02:40 PM AEDT| By Team Kalkine MediaHighlights,ASX edges higher as sectors rebound with broader market gains.,Banks and retailers hold the index back amid mixed trading sentiment.,Star Entertainment (SGR) sees surge after mystery Macau investor's purchase.,The Australian sharemarket sa...
American Exceptionalism Shakes Australian Markets: A Closer Look at the Impact on ASX Stocks
January 14, 2025 01:45 PM AEDT| By Team Kalkine MediaHighlights,US jobs report pushes markets to reconsider Federal Reserve's policy, affecting ASX performance.,Strengthening US dollar makes an impact on Australian exports and inflation outlook.,Growth stocks like (NWH), (HUB), (PME), and others hit ha...
Deloitte Australia Appoints Joanne Gorton as New CEO Amid Growing Industry Transformation
January 14, 2025 01:41 PM AEDT| By Team Kalkine MediaHighlights,Joanne Gorton to take on CEO role of Deloitte Australia starting February 1.,Gorton brings over 20 years of experience, focusing on client service and technological innovation.,Deloitte Australia's leadership transitions during a challengi...
Elon Musk Eyes TikTok US Amid Potential Ban: A Strategic Move?
January 14, 2025 01:39 PM AEDT| By Team Kalkine MediaHighlights,Chinese officials are contemplating a sale of TikTok's US arm to Elon Musk.,Musk's X could leverage TikTok’s assets for AI and advertising growth.,TikTok's potential US exit comes amid ongoing security concerns.,In light of escalating conc...
Hedge Funds Continue Bearish Stance on the Australian Dollar Despite Market Movements
January 14, 2025 01:21 PM AEDT| By Team Kalkine MediaHighlights,Hedge funds,maintain,significant short positions on the Australian dollar.,Real money accounts reduce bearish bets amidst Aussie dollar volatility.,Australian dollar hits a five-year low, despite a temporary uptick.,The Australian dollar h...
US Dollar Weakens on Reports of Gradual Tariff Increases Under Trump Team Strategy
January 14, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights,US Dollar drops after news of gradual tariff hike plans.,Federal,Reserve may gain more flexibility with inflation under control.,Global markets respond to shifts in US trade policy approach.,The US dollar experienced a notable decline agai...
China Eyes Potential TikTok Sale to Elon Musk Amid US Ban Threat
January 14, 2025 12:29 PM AEDT| By Team Kalkine MediaHighlights,Chinese officials discuss potential TikTok sale to Elon Musk if US ban takes effect.,TikTok’s parent, ByteDance (BDNCE), resists the acquisition plan.,Legal battle ongoing as TikTok appeals to the US Supreme Court.,In an intriguing twist f...
ASX Edges Higher on Broad Gains; Star (ASX:SGR) Rallies 12% Amid Mystery Buyer’s Return
January 14, 2025 12:27 PM AEDT| By Team Kalkine MediaHighlights,The Australian,sharemarket,gains with positive movement across multiple sectors.,Energy stocks rise with Brent crude, while mining giants,benefit,from iron ore price increases.,The Star (SGR) rises sharply as a mystery investor,purchases,s...
Australasian Metals (ASX:A8G) Receives AU$118,000 R&D Tax Refund
January 14, 2025 11:41 AM AEDT| By Sonal GoyalHighlights,Australasian Metals has secured a refundable tax offset of AU$118,000 for research and development activities in FY 2023-2024.,During the reported period, the R&D efforts were focused on the Mt Peake and Barrow Creek projects.,The company...
ASX Rises with Broad Gains; City Chic Soars Nearly 20%
January 14, 2025 11:32 AM AEDT| By Team Kalkine MediaHighlights,ASX rebounds, led by energy and mining sectors.,City Chic (CCX) surges,nearly 20%,on holiday sales.,Telix,Pharmaceuticals (TLX) posts significant revenue growth.,The Australian share market started strong, rebounding from a two-week low as...
ASX Penny Stocks: Opportunities in Australian Market
January 14, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Penny stocks offer growth potential.,Australian market shows signs of recovery.,Highlighted stocks have solid fundamentals.,After a volatile start, the Australian market seems to be on a path to recovery, with,ASX 200,futures reflecting a...
Top 5 Resources: Investors Thrilled by Scorpion's Golden Arrow Success
January 14, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Scorpion Minerals Expands Footprint,: The company secures a farm-in agreement to enhance exploration efforts in Western Australia.,Cavalier Resources Progresses Towards Production,: Advancements in approvals and funding mark a step forwar...
Broker Upgrades: Gold Favorite Falls Short in Long-Term Strategy, while RBC Minimizes Impact of Steel Reductions
January 14, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Ramelius Resources updates its mine plan for Mt Magnet, leading to market discussions.,Production forecasts and capital expenditure adjustments draw industry attention.,Broader economic factors, including steel production trends, influenc...
Mesoblast Shares Plummet Despite $260 Million Placement and FDA Approval
January 14, 2025 11:00 AM AEDT| By Team Kalkine MediaMesoblast Shares Plummet Despite $260 Million Placement and FDA Approval
Chinese Exports Hit Record High Amid Global Demand Surge
January 13, 2025 05:15 PM AEDT| By Team Kalkine MediaHighlights,Chinese exports soar to new record high.,Trade surplus for 2024 hits an unprecedented $992 billion.,Strong export momentum offsets domestic demand challenges.,China’s export sector has reached new heights, with December exports rising 10.7...
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