Interest Rate Hike on Cup Day? Don’t Bet Your House On It
Reading any financial media in the past week would make you think that a rate rise next week is inevitable, so why is the market still thinking there is a 50/50 chance?
Sayona Mining [ASX:SYA] Bounces off Two-Year Low with Drilling Results
Sayona Mining [ASX:SYA] Bounces off Two-Year Low with Drilling Results
Sayona Mining released its latest drilling results showing multiple high-grade lithium intercepts from its recent drilling campaign at the company’s North American Lithium operations.
Regal Partners [ASX:RPL] Takes Strategic Stake in Taurus
Regal Partners [ASX:RPL] Takes Strategic Stake in Taurus
Shares in Regal Partners rose sharply today after the Aussie hedge fund announced it would buy a stake in Taurus, adding to its growing pile of funds under management.
Treasury Wines [ASX:TWE] Buys California Brand for $1.6 Billion
Treasury Wines [ASX:TWE] Buys California Brand for $1.6 Billion
Treasury Wines made a big move into the U.S. market today, announcing the purchase of luxury brand Daou Vinyards in a deal worth up to $1.6 billion.
Harvey Norman Profits Halve in First Quarter
Harvey Norman Profits Halve in First Quarter
Harvey Norman’s latest trading update flags a big sales slump across the group as the homeware retailer faces the sharp end of a consumer slowdown in spending.
Kogan [ASX:KGN] Returns to Growth
Kogan [ASX:KGN] Returns to Growth
Kogan shares surged today as the company’s latest business update reveals it has turned a corner, returning to growth after a challenging couple of years for the retailer.
Weebit Nano [ASX:WBT] Shares Surge after Major Agreement Signed
Weebit Nano [ASX:WBT] Shares Surge after Major Agreement Signed
Weebit Nano share price is surging today, sidestepping the heavy losses seen in the rest of the sector as hopes of further growth stem from its latest major commercial agreement.
TELIX’s [ASX:TLX] Gains in the Year Halved as Sell-Off Continues
TELIX’s [ASX:TLX] Gains in the Year Halved as Sell-Off Continues
Telix Pharmaceuticals has seen a 25% drop in its share price in the past four days as the market turns on the ASX’s second-largest biotechnology company. Let’s explore why.
Flight Cancelled: Qantas [ASX:QAN] Abandons Takeover Bid
Flight Cancelled: Qantas [ASX:QAN] Abandons Takeover Bid
The airline has abandoned its plans to fully acquire charter operator Alliance Aviation after the competition watchdog opposed the bid earlier this year.
HUB24 [ASX:HUB] Sees Industry-Leading Capital Inflows
HUB24 [ASX:HUB] Sees Industry-Leading Capital Inflows
HUB24 shares are up after the company saw a 21% increase in its Funds Under Administration in the September quarter, reaching $82.7 billion. The company also announced a new retirement solution that will be available on its platform by the end of the year.
