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Market updates
ASX 200 Climbs as JB Hi-Fi Reports Positive Earnings
August 12, 2024 02:56 PM AEST| By Team Kalkine MediaThe Australian sharemarket advanced at midday, continuing its recovery with the S&P/ASX 200 Index climbing 38.7 points, or 0.5%, to 7816.4. This upward movement follows a rebound on Wall Street, as global markets attempt to recover from last week’s s...
Iron Ore Miners Face Pay Rise Bid From Australian Worker Unions
August 12, 2024 01:06 PM AEST| By EODHD(Bloomberg) -- Unions representing tens of thousands of workers in Australia’s major iron ore hub are preparing to negotiate potential wage rises with the biggest mining companies in the world, includ...
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ASX Set to Climb as Earnings Season Reveals Economic Health
August 12, 2024 10:15 AM AEST| By Team Kalkine MediaHeadlines:,ASX Opening Higher:,The Australian sharemarket is set to open higher on Monday, with S&P/ASX 200 (ASX: XJO) futures indicating a 0.8% gain, following a strong rally in the previous session and amidst ongoing recovery from recent declines.,...
ASX 200 Futures Point to a Positive Open, S&P 500 Ends Higher Amid Bargain Hunting
August 12, 2024 10:08 AM AEST| By Team Kalkine MediaThe ASX 200 futures are trading 59 points higher, up 0.76% as of 8:30 am AEST, indicating a strong start for the index (ASX:XJO). In the U.S., the S&P 500 (NASDAQ:SPX) ended higher on Friday and remained largely unchanged for the week. Major benchma...
Australia Shares Set to Rise at Start of Busy Earnings Week
August 12, 2024 07:51 AM AEST| By EODHDAustralia’s S&P/ASX 200 was set to rise at the start of a week packed with earnings reports by some of the country’s best-known companies. Continue reading View comments
Rocket Lab Successfully Completes Latest Launch with Capella Space
August 12, 2024 03:40 AM AEST| By Business WireThe mission was the latest in a multi-launch contract with Capella Space to deploy a series of its Acadia satellites to low Earth orbit for its Earth-imaging constellation.MAHIA, New Zealand--(BUSINE...
Top Australian Stock Gainers: A Detailed Overview
August 12, 2024 12:00 AM AEST| By Team Kalkine MediaIn the latest trading session, several Australian stocks have stood out with impressive gains, reflecting strong market enthusiasm. Here’s a closer look at the top performers:,Summit Minerals Limited (ASX:SUM),Summit Minerals Limited has shown a sign...
News Corp Weighs Options for Australian Video Business; Stock Gains
August 10, 2024 01:29 AM AEST| By EODHDNews Corp swung to a profit last quarter, boosted by growth in its real estate and book-publishing segments. Chief Executive Robert Thomson said the company was evaluating options for Australian video...
ASX Sees Broad Rally, While QBE Ltd (ASX: QBE) Faces Decline
August 09, 2024 12:36 PM AEST| By Team Kalkine MediaAustralian shares experienced a broad rally shortly after the market opened, mirroring the positive sentiment from Wall Street. This upbeat movement followed the latest US jobless claims data, which eased concerns about a potential economic recession...
Australian Shares Surge 1.04% as Wall Street Rallies on Positive Jobless Claims Data
August 09, 2024 12:15 PM AEST| By Team Kalkine MediaHighlights:,Australian,Shares Rise 1.04%,:,The S&P/ASX 200 index climbed 1.04% to 7,761.70, driven by technology stocks and positive US jobless claims data that alleviated recession concerns.,Top,Performers and Decliners,:,Life360 (ASX:360) surged 17...
Animoca Brands (ASX: AB1) partners with Lamborghini (BIT: AML) to develop digital assets.
August 09, 2024 11:04 AM AEST| By Team Kalkine MediaHeadlines:,Strategic,Partnership,:,Animoca,Brands Corporation Ltd (ASX: AB1) has partnered with,Automobili,Lamborghini (BIT: AML) to develop innovative digital automotive assets, combining,Animoca’s,Web3,expertise,with Lamborghini’s luxury brand appe...
ASX Market Shifts as Bulls Push Higher; S&P 500 Records Its Best Day Since 2022
August 09, 2024 11:00 AM AEST| By Team Kalkine MediaHighlights:,US,Markets Surge,:,The S&P 500 recorded its best day since November 2022, with significant gains in tech stocks such as Broadcom (NASDAQ: AVGO), Intel (NASDAQ: INTC), and Nvidia (NASDAQ: NVDA), and notable jumps in Eli Lilly (NYSE: LLY) a...
Newmont’s Trial of Underground 5G at Cadia Mine Delivers Strong Results
August 09, 2024 10:00 AM AEST| By Business WireEricsson’s Next Generation Wireless connectivity enables safer miningPERTH, Australia--(BUSINESS WIRE)--#Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces it is expand...
ASX 200 Futures Point to a Strong Start, U.S. Markets Rebound Sharply; Earnings in Focus for Newscorp, Life360, QBE, and Nick Scali
August 09, 2024 09:53 AM AEST| By Team Kalkine MediaHighlights,ASX 200 futures,are trading 81 points higher, reflecting a 1.06% gain as of 8:30 am AEST,,signaling,a robust opening for the Australian market. The rally follows strong overnight performances in U.S. markets, where key indices surged.,U.S....
Lithium Royalty Corp. Reports Q2 2024 Results
August 09, 2024 09:00 AM AEST| By Business WireRevenue increased by 85% year-on-year, driven by volume growth despite 72% year-on-year decline in spodumene concentrate prices Lower-cost business model contributed to positive Adjusted EBITDA for...
Canva Unveils Refreshed Brand System Designed For Work
August 09, 2024 05:19 AM AEST| By Business WireSYDNEY--(BUSINESS WIRE)--Canva, the world’s largest visual communication platform, today launched a refreshed brand system purpose-built for workplaces worldwide. The updated identity was designed to...
NexGen Energy: Q2 Earnings Snapshot
August 09, 2024 03:02 AM AEST| By EODHDVANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — NexGen Energy Ltd. (NXE) on Wednesday reported earnings of $9.6 million in its second quarter. On a per-share basis, the Vancouver...
AM Best Upgrades Credit Ratings of Century Insurance Company (Guam) Limited
August 09, 2024 02:53 AM AEST| By Business WireOLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Ce...
Cauldron Appoints Former Solugen, BASF Executive David Weiner as CTO
August 09, 2024 01:00 AM AEST| By Business WireBiotech industry veteran brings product development expertise to the role, supporting Cauldron’s mission to unlock the future of biomanufacturing.ORANGE, Australia--(BUSINESS WIRE)--#bioeconomy--Caul...
Piedmont Lithium Reports Q2 2024 Results
August 09, 2024 12:00 AM AEST| By Business WireNAL Achieves Steady-State Production; Shipments Shift to Contract Customers NAL set quarterly records in Q2’24 for production (up 23% QoQ), lithium recovery (68%), and mill utilization (83%) NAL ac...
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