Sims Sinks on FY23 Outlook
Metal recycling business Sims [ASX:SGM] provided a trading update for the first quarter of FY23, expressing caution in its short-term outlook.
Weebit Nano [ASX:WBT] Rises on ReRAM Update
Weebit Nano [ASX:WBT] Rises on ReRAM Update
Weebit Nano [ASX:WBT] rose on Tuesday after receiving its first silicon wafers from technology partner SkyWater Technology, which integrates WBT’s resistive random-access memory (ReRAM) module.
Commodity Stocks’ New Hierarchy
Commodity Stocks’ New Hierarchy
In today’s Money Morning, the Department of Industry expects metals like copper, nickel, and lithium to earn $33 billion in 2022–23, double what they earned in 2020–21. This paves the way for a reordering of the commodity hierarchy. How can investors benefit? Read on to find out…
Raiz [ASX:RZI] Falls on October Trading Update
Raiz [ASX:RZI] Falls on October Trading Update
ASX fintech Raiz Invest [ASX:RZI] slipped on Monday following the release of its October trading metrics.
Novatti [ASX:NOV] Surges 40%, Launches International Bank of Australia
Novatti [ASX:NOV] Surges 40%, Launches International Bank of Australia
Payments fintech Novatti [ASX:NOV] has been granted a Restricted Authorised Deposit-Taking Institution (RADI) licence by the Australian Prudential Regulation Authority (APRA).
CSR [ASX:CSR] Rises on Solid 1H22
CSR [ASX:CSR] Rises on Solid 1H22
Building products supplier CSR Ltd [ASX:CSR] reported a 27% increase in after tax net profit for the 2022 financial half, totalling $110 million.
Block Shares [ASX:SQ2], Rise on Earnings Beat
Block Shares [ASX:SQ2], Rise on Earnings Beat
The large fintech Block Inc [ASX:SQ2], which recently acquired the buy-now-pay-later company Afterpay, beat earnings estimates in its September quarter results, with SQ2 shares rising by more than 10% on Friday.
BNPL Zip Co [ASX:ZIP] Targets Cash EBTDA Profit in 1H24
BNPL Zip Co [ASX:ZIP] Targets Cash EBTDA Profit in 1H24
BNPL fintech Zip Co [ASX:ZIP] held its annual general meeting this week, stressing its changed focus on profitability over indiscriminate growth.
A2 Milk [ASX:A2M]Rises on FDA Import Approval
A2 Milk [ASX:A2M]Rises on FDA Import Approval
The US Food and Drug Administration (FDA) exercised its discretion to allow A2 Milk Company [ASX:A2M] to import infant milk formula (IMF) products into the US.
Amcor [ASX:AMC] Shares Plunge on September Quarter Results
Amcor [ASX:AMC] Shares Plunge on September Quarter Results
On Wednesday, global packaging company Amcor [ASX:AMC] released its results for the first quarter of 2023.
