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Acrow (ASX:ACF) expects 26% revenue and 11% EBITDA growth in 1HFY25
November 22, 2024 11:19 AM AEDT| By Team Kalkine MediaHighlights,In FY24, ACF’s revenue from continuing operations rose 28.90% YoY to AUD 193.11 million, driven by organic growth.,Pipeline of opportunities reached AUD 198 million as of 31 October 2024, up 39% YoY.,Dividend of AUD 0.03 per share to be di...
IPH CEO Addresses Tax Obligations Through $450,000 Share Sale
November 21, 2024 07:30 PM AEDT| By Team Kalkine MediaHighlights,IPH CEO sells shares worth $450,000.,The sale addresses personal tax obligations.,Retains significant holdings in the company.,Andrew Blattman, managing director and CEO of intellectual property firm (ASX:IPH), has recently sold company sh...
Bitcoin Surges Past $US97,000 Amid Policy and Market Optimism
November 21, 2024 04:38 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin reaches a record high of $US97,000, signaling growing adoption,.,Discussions underway to create a White House crypto policy role,.,Crypto market gains approximately $US900 billion since November 7.,Bitcoin has soared to unprecedent...
InFocus Group Secures $3.8M Deal to Launch Advanced VigoBet Tech Platform
November 21, 2024 04:36 PM AEDT| By Team Kalkine MediaHighlights,InFocus Group secures its largest contract for $3.8 million,.,The project involves building a new social gaming platform,,VigoBet,Tech.,Revenue generation and expansion into new markets outlined,.,InFocus Group, a prominent player in data...
ASX Drops Amid Market Volatility as Wesfarmers and CBA Decline
November 21, 2024 03:42 PM AEDT| By Team Kalkine MediaHighlights,ASX slips as major sectors decline in a volatile session,.,Consumer discretionary leads sector losses with Wesfarmers declining,.,Technology sector down, following Nvidia’s subdued earnings impact,.,The Australian share market faced a down...
Australia’s Cricket-Themed Campaign Aims to Attract Indian Tourists
November 21, 2024 02:58 PM AEDT| By Team Kalkine MediaHighlights,Tourism Australia launches cricket-inspired campaign targeting Indian travelers,.,Indian visitors expected to surpass pre-pandemic levels by 2024,.,Campaign coincides with growing tourism ties between Australia and India,.,Tourism Australi...
Australia’s Future Fund Targets Green Energy and Housing in New Directive
November 21, 2024 02:48 PM AEDT| By Team Kalkine MediaHighlights,Government redefines Future Fund's investment strategy,.,Focus areas include housing and green energy initiatives,.,Fund stability ensured with no withdrawals before 2032-33,.,The Australian Government has introduced a groundbreaking shift...
Overnight Trading Revolution: OTC Markets Group Unveils MOON ATS™ Platform
November 21, 2024 02:08 PM AEDT| By Team Kalkine MediaHighlights,OTC Markets Group launches MOON ATS™ to enable overnight trading,.,Platform aligns with Asia-Pacific and US investors' trading schedules,.,Operates,during,extended hours to cater to rising global trading demand,.,OTC Markets Group, a promi...
Ellison Acknowledges Tax Challenges at MinRes AGM
November 21, 2024 01:23 PM AEDT| By Team Kalkine MediaHighlights,MinRes,Managing Director Chris Ellison openly addresses personal tax issues,.,Emphasizes positive contributions made to the company and Australia,.,Reflects on accountability and leadership at the annual meeting,.,Chris Ellison, Managing D...
Tempest Minerals (ASX:TEM) identifies high-grade iron in latest drilling at Remorse Target
November 21, 2024 01:02 PM AEDT| By Sonal GoyalHighlights,Further high-grade magnetite iron identified in RC drilling at the Remorse Target within the Yalgoo Project,Continuous intercepts observed across more than 2km of drilled strike length,Identical outcropping geology traced over a total stri...
ASX Slips as Commonwealth Bank Rebounds Amid Mixed Cues
November 21, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,ASX trades flat despite an early rally,.,Commonwealth Bank impacts index performance,.,Key updates on,MinRes,and other ASX-listed stocks,.,Australian shares started strong but pared early gains by midday, with the S&P/ASX 200 index dipping...
Viking Mines (ASX:VKA) Focuses on High-Quality Gold Targets in First Hit Drilling
November 21, 2024 12:15 PM AEDT| By Sonal GoyalHighlights,Extensive drilling campaign is underway at the First Hit Gold Project, fully funded with AU$5 million in cash.,The phased 20,000-metre drilling program prioritises high-quality near mine and greenfields gold targets.,The focus is on identi...
Nvidia Faces Volatility as Market Reacts to Earnings and Outlook
November 21, 2024 11:44 AM AEDT| By Team Kalkine MediaHighlights,Nvidia experiences a volatile trading session post-earnings release,.,Fiscal Q4 sales forecast surpasses average estimates, reflecting strong demand,.,Blackwell chip demand described as "staggering" by Nvidia’s CFO,.,Nvidia (NASDAQ: NVDA)...
Atlas Arteria’s (ASX: ALX) Q3FY24 revenue jumps 5%, co to introduce capital management initiatives
November 21, 2024 11:17 AM AEDT| By Team Kalkine MediaHighlights,Toll revenue increased by 10% YoY in 1HFY24 and by 5% YoY in 3QFY24,The company expands with a new 16.5-km motorway concession in France,Diamond Infraco 1 Pty. Ltd. raised its voting power in ALX to 29.88% from 27.15%,Atlas Arteria Limited...
Australian Shares Climb Amid Global Recovery, Nvidia Faces Post-Earnings Pressure
November 21, 2024 11:01 AM AEDT| By Team Kalkine MediaHighlights,Australian shares rise as global markets recover,.,Nvidia slips post-earnings despite strong results,.,Key ASX stocks face mixed outcomes amid corporate updates,.,Australian shares gained momentum early today, driven by a late recovery in...
How Is Kraken Strengthening Its Institutional Offering in Australia?
November 21, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Kraken launches licensed broker service for Australian institutional clients, focusing on crypto derivatives.,The service aims to support sophisticated trading strategies while adhering to regulatory compliance.,Kraken aligns with broader...
ASX Closes Lower as Wesfarmers and GQG Partners Decline
November 21, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- ASX dips slightly as consumer discretionary stocks weigh on performance.,- GQG Partners drops sharply amid Adani-related controversies.,- Mixed performance observed across sectors with tech showing slight recovery.,Australian shares expe...
ASX Retreats After Record High Amid Sector-Wide Declines
November 20, 2024 06:13 PM AEDT| By Team Kalkine MediaHighlights,ASX200 falls 0.57% after touching a record high near 8,400 points,.,Health Care sector posts modest gains despite broad losses,.,Small-cap stocks show strong individual performances.,The Australian Securities Exchange (ASX) experienced a p...
ASX Dips Amid Energy Decline and Rising Geopolitical Concerns
November 20, 2024 06:12 PM AEDT| By Team Kalkine MediaHighlights,The S&P/ASX 200 Index declined after reaching a record high,.,Energy and tech stocks led the losses on the ASX,.,Gold miners gained as prices surged due to safe-haven demand,.,The Australian stock market saw a downturn on Wednesday, with t...
Lovisa Holdings (ASX:LOV) focuses on store network expansion as FY24 revenue jumps 17%
November 20, 2024 05:59 PM AEDT| By Team Kalkine MediaHighlights,In FY24, LOV’s revenue rose 17.14% YoY to AUD 698.66 million, with strong sales across global regions.,Net profit attributable to owners in FY24 increased by 20.90% YoY to AUD 82.41 million.,Pinnacle Investment Management raised its stake...
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