The Zip Co Ltd (ASX: ZIP) share price is under the spotlight after releasing its FY22 third-quarter update. Growth continues for Zip The buy now, pay later business told investors how it performed in the three months to 31 March 2022. Group quarterly revenue increased by 39% year on year to $159.2 million. This came after transaction…
The Fortescue Metals Group Limited (ASX: FMG) share price is up 3% after the miner announced record shipments. Fortescue is one of Australia’s largest iron ore miners. How much resources it produces can have a significant impact on shareholder returns. Fortescue’s strong quarter Here are some of the highlights from Fortescue’s quarterly update: FY22 Q3 quarterly ore…
I believe there are a few ASX blue-chip shares that have better futures than the market is giving credit. Every business on the ASX (and other global stock exchanges) has a share price. That share price has expectations built into it – the future profit margins, how much revenue could grow, market share, potential dividends,…
2022 could be a good time to start investing in ASX shares for beginners. There has been a lot of declines on the ASX share market, so there’s plenty of opportunities. Over the long-term, I think that ASX shares can produce good results. But shares can see some major volatility in the short-term. I see…
The Magellan Financial Group Ltd (ASX: MFG) share price just jumped 12% in early trading despite funds under management (FUM) outflows in March. Magellan share price rises The funds management business just announced that between 11 March 2022 to 31 March 2022, it experienced net outflows of approximately $1.1 billion. This comprised net retail outflows of $0.5…
I think that the best way to invest in ASX shares is to buy and hold for the long-term. Owning the below investments for the next decade could prove to be fruitful. I’m looking for leading businesses that want to keep growing strongly for a long time. The power of compounding could make these ASX…
The Telstra Corporation Ltd (ASX: TLS) share price is in the spotlight after the telco outlined to the market its plans for the legal structure of the company. Telstra has launched its T25 strategy involving reducing costs, improving profit margins and growing its 5G position. But the legal structure of the business is also important for how it conducts…
The Brickworks Limited (ASX: BKW) share price is under the spotlight after reporting a record half-year result. It’s up almost 5%. Brickworks is Australia’s leading brickmaker. It also has other investments in property and shares. Brickworks’ record half-year result The company reported a number of strong numbers: Revenue rose 24% to $535 million Underlying EBITDA (EBITDA explained) jumped 200%…
The Webjet Limited (ASX: WEB) share price has both positive and negative factors going for it right now. Which one is right? Webjet is best known for being an online travel agency (OTA). But it also operates the WebBeds business, which is a ‘business to business’ (B2B) company. GoSee is the other business it runs, which is…
It could be a smart move to consider ASX blue chip shares during this period of intense volatility since the start of the year. Blue chips are typically ones that have strong positions in the market and can offer more reliability in times of economic difficulties. I’d only want to go for opportunities that are showing…
