Market Highlights: Walmart hits record high, Nvidia’s results preview, and 5 ASX small caps to watch today
ASX to fall, in line with Wall Street Walmart, Home Depot updates results, but market is waiting for Nvidia Why Nvidia’s earnings are crucial [more…]
Bulk Buys: BHP and Coronado look to India to keep bulk metals in sweet spot
Iron ore prices shocked to the upside last year, with BHP saying ‘contestable demand’ has eluded bearish estimates for the past five years BHP CEO [more…]
High Voltage: CATL mine shutdown speculation keeps lithium investors’ glasses half-full
Speculation regarding shutdown of huge Chinese lithium mine raises industry’s eyebrows Low lithium prices are ‘unsustainable’ says Albemarle boss ASX battery metal leaders over the [more…]
Oh yah! Canada is cutting red and green tape, making it quicker to get projects up and running
Canada is making moves to streamline permits and approvals for mining projects, slashing government regulatory process times by up to two-thirds Move is just another [more…]
James Packer has been dropping some Kerry-sized bets on US tech stocks
Billionaire James Packer has more than doubled his investment in the US sharemarket to just shy of $US800m ($1.2bn), taking massive bets on the future [more…]
IPO Wrap: Reddit, Klarna ready for IPO show in 2024; NYSE-listed stock starts trading on ASX
A few big names have signalled their intention for listing Reddit, Canva and Klarna are some of global companies looking to IPO this year And [more…]
A new property divide: Australian house values grow almost twice as much as flats, mate
There’s a new loser in Australian property death match. An apartment used to be a pretty solid investment. A snazzy apartment in the right place [more…]
Rise and Shine: Everything you need to know before the ASX opens
Good morning everyone, and welcome to 21 February, 2024 – an important day for literary freedoms and contrarian antics, as it was on this day [more…]
Barclays Announces Strategic Overhaul Amidst Quarterly Loss, Shares Surge
Barclays, the British banking giant, unveiled a significant strategic overhaul on Tuesday, following a fourth-quarter net loss of £111 million ($139.8 million), starkly contrasting analysts’ [more…]
Capital One Set to Acquire Discover in a Landmark $35 Billion Deal
In a strategic move that is set to reshape the landscape of the credit card industry, Capital One has announced its plans to acquire Discover [more…]