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Market updates
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...
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)...
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...
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...
Oaktree Capital Exploring Opportunities Amidst China's Economic Shift
November 20, 2024 04:16 PM AEDT| By Team Kalkine MediaHighlights,Oaktree Capital,identifies,opportunities in China's transitioning economy,.,Co-chairman Howard Marks emphasizes a focus on undervalued assets globally,.,Contrasting asset valuations in the US and China drive strategic interest.,Oaktree Cap...
Australian Market Dips Amid Energy Sector Decline
November 20, 2024 03:18 PM AEDT| By Team Kalkine MediaHighlights,Australian shares retreat from record highs due to geopolitical concerns,.,Energy sector underperforms, led by a drop in oil and gas stocks,.,Mixed performance among individual companies amidst broader market challenges,.,The Australian sh...
US Dollar Faces Resistance as Rally Momentum Slows
November 20, 2024 03:15 PM AEDT| By Team Kalkine MediaHighlights,US,dollar shows signs of slowing momentum after a recent rally,.,Technical indicators suggest limited short-term upside for the currency,.,Market views on the dollar are becoming more balanced and less bullish,.,The rally in the US dollar,...
Hydrogen Hurdles: California Faces Nel ASA Dispute
November 20, 2024 03:11 PM AEDT| By Team Kalkine MediaHighlights,California's hydrogen car infrastructure hindered by station faults,.,Legal disputes cast doubt on hydrogen technology readiness.,Key players reconsider hydrogen initiatives,.,California’s ambitious hydrogen car infrastructure is facing si...
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Victoria Partners with OX2 for Landmark Solar and Battery Project
November 20, 2024 02:32 PM AEDT| By Team Kalkine MediaHighlights,OX2 partners with Victoria’s State Electricity Commission for a renewable energy park,.,Horsham,project will feature a solar farm and a battery energy storage system,.,The initiative marks a major step in Victoria's renewable energy transf...
Chinese Banks Maintain Lending Rates Amid Economic Stabilization
November 20, 2024 02:29 PM AEDT| By Team Kalkine MediaHighlights,Chinese banks kept key lending rates unchanged after significant cuts last month,.,The one-year loan prime rate,remains,at 3.10%, and the five-year rate stays at 3.60%,.,Stabilization signs,emerge,as Beijing implements robust economic meas...
Decentralised Platform BlueSky Surpasses 20-Million-User Milestone
November 20, 2024 02:25 PM AEDT| By Team Kalkine MediaHighlights,BlueSky triples its user base, reaching 20 million users.,Growth fueled by,decentralised,structure and US election surge.,Rivals like Threads and X,maintain,larger user bases.,BlueSky Social, a decentralised social media platform, has achi...
Netflix’s Live Sports Gamble Scores Big with Record Viewership
November 20, 2024 12:42 PM AEDT| By Team Kalkine MediaHighlights,Netflix’s Live Sports Gamble Scores Big with Record Viewership,Shares surge,nearly 3%,, marking a new all-time high at $871.32,.,Analysts emphasize the growing role of live sports in Netflix's growth strategy,.,Netflix (NASDAQ:NFLX) has st...
Australian Stock Market Retreats Amid Geopolitical Concerns
November 20, 2024 12:25 PM AEDT| By Team Kalkine MediaHighlights,S&P/ASX 200 Index slips from record high due to geopolitical tensions,.,Industrials face pressure, with Brambles and Reece seeing notable declines,.,Amcor dips following a major acquisition announcement.,The Australian share market experie...
Putin’s Nuclear Doctrine Revision Shakes European Markets
November 20, 2024 11:22 AM AEDT| By Team Kalkine MediaHighlights,European markets experienced declines due to heightened geopolitical tensions,.,Defence,stocks such as and showed gains amid the turmoil,.,Safe-haven assets like gold and government bonds gained traction.,European markets faced a downturn...
US Markets Close Mixed as Nvidia Drives Nasdaq Higher; ASX Set for a Mild Decline
November 20, 2024 11:01 AM AEDT| By Team Kalkine MediaHighlights,US markets close mixed, with Nvidia's,strong performance,boosting the Nasdaq.,Escalating geopolitical tensions weigh on European markets.,ASX futures signal a slight dip amid key corporate actions.,US markets displayed mixed results as the...
S&P 500 Expected to Reach 6,500 by End of 2025: Insights from Goldman Sachs
November 19, 2024 03:08 PM AEDT| By Team Kalkine MediaHighlights,S&P 500 Index forecasted to climb to 6,500 by the close of 2025.,Economic growth and stable bond yields are key drivers.,Event risks could influence market performance in both directions.,Goldman Sachs' chief equity strategist, David Kosti...
ASX Rises Amid Tech and Energy Gains with TechnologyOne Leading
November 19, 2024 02:24 PM AEDT| By Team Kalkine MediaHighlights,Australian market hits new intraday high led by technology and energy stocks.,TechnologyOne soars after strong financial results and dividend announcement.,Energy sector gains driven by geopolitical tensions and rising oil prices.,The Aust...
GFG Alliance Secures Major Debt Funding for Whyalla Steelworks
November 19, 2024 02:03 PM AEDT| By Team Kalkine MediaHighlights,GFG Alliance secures new debt funding to aid Whyalla steelworks operations.,Major suppliers suspend services due to unpaid bills.,Technical issues halt steel production for ten weeks in Whyalla.,GFG Alliance, led by Sanjeev Gupta, has anno...
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