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Australian Stock Market on the Rise; Baby Bunting (ASX:BBN) Soars Following Strong Profit Report
January 15, 2025 12:45 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,edges higher, driven by gains in real estate stocks.,Property,sector leads the way, with Stockland (,ASX:SGP,) and Mirvac (,ASX:MGR,) showing notable rises.,Baby Bunting (,ASX:BBN,) sees a dramatic 7% surge following...
ACCC Launches Public Inquiry into Uniti's Pricing Amid Customer Concerns
January 15, 2025 11:48 AM AEDT| By Team Kalkine MediaHighlights,ACCC initiates review,on,Uniti's pricing practices.,Opticomm's,fees exceed NBN's by $8 per month.,Interim rules implemented to ensure fair access.,The Australian Competition and Consumer Commission (ACCC) has launched a public inquiry into...
SEC Targets Elon Musk Over Delayed Disclosure of Twitter Stock Purchase
January 15, 2025 11:47 AM AEDT| By Team Kalkine MediaHighlights,SEC sues Elon Musk over delayed Twitter ownership disclosure.,Musk,accused,of underpaying $150M for Twitter stock.,Legal scrutiny intensifies following Musk’s controversial Twitter acquisition.,Elon Musk is facing a legal battle with the U...
ASX 200 Futures Point to Modest Gains Amid Global Market Anticipation of US CPI Data
January 15, 2025 11:09 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 futures,indicate,a slight rise of 10 points (+0.12%) as of 8:30 AM AEDT, with the market awaiting pivotal US inflation data.,US markets experienced a choppy session with light volumes, while defensives and rate-sensitive sectors o...
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Zenith Minerals Commences Drilling at Dulcie Far North Gold Project
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,A new phase of drilling has commenced at the Dulcie Far North Gold Project.,The program aims to explore extensions and enhance resource estimates.,Drilling outcomes are expected within the year to support project development.,Zenith Miner...
Gold explorers have transformed from unnoticed to highly favored as investors seek valuable opportunities beneath the surface.
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Junior gold miners on the ASX experience significant growth amid rising gold prices.,Market attention shifts towards established and emerging mining companies focused on resource development.,Strategic approaches emphasize deeper explorati...
Is Bitcoin on the Path to Unprecedented Growth in 2024?
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Bitcoin’s price surge aligns with favorable policies from the incoming Trump administration.,Strategic Bitcoin reserves and increased institutional involvement are shaping the crypto landscape.,Macroeconomic conditions could influence Bit...
Cyclone Metals Forms Strategic Partnership with Vale for Iron Bear Project
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Vale commits to funding the Iron Bear project through a structured agreement.,The initiative aims to develop ultra-low carbon iron ore solutions.,Cyclone retains flexibility regarding its equity interest in the venture.,Cyclone Metals, op...
Crypto Market Faces Monumental Unlocking as $3 Billion in Tokens Set to Hit the Market
January 14, 2025 06:18 PM AEDT| By Team Kalkine MediaHighlights,Ondo Finance (ONDO) leads a massive $3 billion unlocking event.,A total of 1.94 billion ONDO tokens will be released by January 18, 2024.,Crypto market faces high volatility risk as several projects prepare for token releases.,This week, t...
Dogecoin (DOGE) Investors Eye New Altcoin Remittix (RTX) with $20 Price Predictions
January 14, 2025 06:13 PM AEDT| By Team Kalkine MediaHighlights,Dogecoin (DOGE) investors are seeking promising altcoins amidst recent price drops.,Remittix (RTX) sees strong presale success and a promising future in global payments.,Dogecoin (DOGE) shows potential for a bounce-back despite recent decl...
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...
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