News
ASX Slips as Mining and Energy Stocks Decline; Paladin Energy and Block Move
November 12, 2024 03:03 PM AEDT| By Team Kalkine MediaHighlights,Mining and energy stocks weigh down the ASX 200 index,Paladin Energy cuts production forecast, seeing a sharp decline in share value,Block sees a significant rise, following gains in US trading,The S&P/ASX 200 index is facing losses as the...
Bitcoin’s Record Surge Amid Market Optimism for Cryptocurrency Growth
November 12, 2024 01:41 PM AEDT| By Team Kalkine MediaSummary Points:,Bitcoin ([BTC]) surged to an unprecedented high, exceeding $81,000, as markets,anticipated,a crypto-friendly environment under Donald Trump’s potential administration.,Britain's wind energy output is forecasted to decrease significant...
Bitcoin Surge Sparks Hundred-Thousand Milestone Predictions Amid ETF Growth
November 12, 2024 01:36 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin rallies, reaching new highs as traders eye the $100,000 mark.,U.S. policy shift and Bitcoin ETFs fuel strong institutional interest.,Australian investors embrace crypto ETFs amid promising returns.,Bitcoin has recently captured the...
Rising Consumer and Business Confidence Signals Easing Inflation in Australia
November 12, 2024 01:32 PM AEDT| By Team Kalkine MediaHighlights,Australia sees a lift in consumer sentiment, boosted by easing inflation.,Business confidence climbs significantly, reaching new heights in 2023.,Indicators suggest potential for adjustments in interest rates.,Australia’s consumer sentimen...
ASX Dips as Mining Stocks Fall; Paladin Energy Faces Major Decline
November 12, 2024 01:29 PM AEDT| By Team Kalkine MediaHighlights,ASX declines as mining, gold, and energy stocks see significant losses.,Paladin Energy faces a sharp decline following reduced production guidance.,Block experiences a strong rally amid gains in its US-listed shares.,The Australian S&P/ASX...
Chimeric Therapeutics (ASX:CHM) appoints Dr McQualter as CEO amid advancing cancer trials
November 12, 2024 01:02 PM AEDT| By Sonal GoyalHighlights,Chimeric Therapeutics has appointed Dr. Rebecca McQualter as CEO, effective immediately.,McQualter has extensive experience in regenerative medicine and cell therapy.,The company has three CAR T and NK cell assets in four Phase 1/1b clinic...
Assessing the Intrinsic Value of Deterra Royalties Limited (ASX:DRR)
November 12, 2024 12:52 PM AEDT| By Team Kalkine MediaHighlights,DCF analysis,indicates,Deterra Royalties Limited may be,fairly priced,.,Two-stage growth model used to forecast future cash flows.,Final valuation shows a slight discount,from,the current share price.,Deterra Royalties Limited (ASX:DRR) ha...
Oil Prices Hold Steady Amid Demand Concerns and Strong US Dollar
November 12, 2024 12:21 PM AEDT| By Team Kalkine MediaHighlights,Oil prices stabilize following a recent drop, facing a soft demand outlook.,Strong US dollar,impacts,oil costs, making it pricier for international buyers.,Market outlook suggests potential oversupply with cautious global demand.,Oil price...
Australian Market Dips with Mining and Energy Stocks Leading Losses
November 12, 2024 11:35 AM AEDT| By Team Kalkine MediaHighlights,Australian shares decline, with mining stocks leading losses.,Paladin Energy drops sharply due to lowered production guidance.,Liontown,Resources and Coles face distinct challenges amid market shifts.,The Australian stock market has experi...
Chimeric Therapeutics (ASX:CHM) September Quarter: Progress in Cancer Trials and Strategic Partnerships
November 12, 2024 11:01 AM AEDT| By Aditi SahaHighlights,Chimeric Therapeutics dosed the first patient in its Phase 1/2 clinical trial for CHM CDH17 CAR-T cell therapy.,In September, Chimeric announced collaboration with Achieve Clinics to expand access to CHM CDH17 through Achieve’s PRO-Aph™ pr...
Could Bitcoin's Recent Surge Be a Game-Changer in the Crypto Space?
November 12, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Bitcoin recently reached an all-time high, surpassing $89,000 due to positive market sentiment and speculations.,U.S. plans for a Bitcoin reserve and rumors of a nation-state acquiring Bitcoin influence market dynamics.,Increased instituti...
Haranga Resources (ASX:HAR) Expands Uranium Potential with Updated Saraya MRE and Sanela Discoveries
November 12, 2024 10:59 AM AEDT| By Sonal GoyalHighlights,Classified MRE at Saraya includes a total of 17.6Mlbs of eU,3,O,8,, with an average grade of 550 ppm eU,3,O,8,at a 250ppm cut-off.,At the Sanela prospect, auger drilling highlighted significant uranium anomalism over a 2km stretch.,After t...
Notable ASX Penny Stocks with Market Caps Around Thirty Million
November 11, 2024 07:25 PM AEDT| By Team Kalkine MediaHighlights,ASX penny stocks show mixed results amid market fluctuations.,Metal Bank, PharmX Technologies, and Voltaic Strategic Resources reveal unique financial traits.,Market volatility and leadership updates are key factors for each company.,The A...
ASX Penny Stocks to Watch in November: Algorae, Lindsay, and Orcoda
November 11, 2024 07:05 PM AEDT| By Team Kalkine MediaHighlights,ASX200 down as weak Chinese stimulus impacts commodities.,Algorae Pharmaceuticals, Lindsay Australia, and Orcoda show growth potential.,Financial resilience and market positioning make these stocks worth watching.,The Australian Stock Exch...
Australia's Proposed Ban for Under-16s on Social Media and Streaming Sparks Debate
November 11, 2024 06:43 PM AEDT| By Team Kalkine MediaHighlights,Proposed Australian law aims to limit access for under-16s on social platforms and streaming.,Key concerns include privacy, age verification, and effectiveness of digital restrictions.,Social media companies advocate for increased parental...
ASX Opens Lower on Chinese Economic Concerns Despite Wall Street Gains
November 11, 2024 06:37 PM AEDT| By Team Kalkine MediaHighlights,ASX200 opens lower due to concerns over Chinese economic data.,Wall Street shows strong gains, hitting new records.,Mixed performance on ASX with updates from Fonterra and Black Cat Syndicate.,The ASX200 opened on a downward trend, slippin...
Xero, US Inflation, and Australia’s Job Data: What to Expect This Week
November 11, 2024 06:22 PM AEDT| By Team Kalkine MediaHighlights,Xero eyes growth in international markets with upcoming earnings report.,US inflation update amidst potential policy impacts.,Australia's job market may see slower growth with new labor data.,This week, several critical updates are expecte...
Chinese Stocks Decline as Stimulus Plan Disappoints Market Expectations
November 11, 2024 05:57 PM AEDT| By Team Kalkine MediaHighlights,Chinese stocks drop after underwhelming stimulus package announcement.,Hang Seng China Enterprises Index leads declines; property and consumer stocks hit.,Market eyes upcoming policy meetings for growth measures.,Chinese stocks listed in H...
Miners Dip on ASX as Chinese Stimulus Disappoints Investors
November 11, 2024 05:35 PM AEDT| By Team Kalkine MediaHighlights,ASX200 falls as Chinese stimulus underwhelms.,Commodity stocks struggle; IT sector sees gains.,Novonix, Nagambie Resources rise on positive developments.,The Australian Securities Exchange (ASX200) experienced a 0.35% drop, closing at 8,26...
Great Divide Mining Partners with Adelong Gold to Restart Historic Adelong Mine
November 11, 2024 04:43 PM AEDT| By Team Kalkine MediaHighlights,Great Divide Mining collaborates with Adelong Gold to revive the historic Adelong Gold Mine.,The venture could mark GDM's evolution from explorer to producer, starting with a 15% stake in the project.,The partnership also includes potentia...
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