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Why is the Afterpay share price up 30 per cent?

The Block Inc CDI (ASX: SQ2) share price has rocketed today after the business announced its FY21 results overnight. In early afternoon trade, the Block share price is up 34.77% to $156.40. Block? Afterpay? Square? Block, formerly known as Square, is a global payments business with divisions including Square, Cash App, Spiral, TIDAL and TBD54566975. The company also bought Australian buy now, pay later market darling Afterpay in January….

Lachlan Buur-Jensen | 25th Feb 2022 | More
Slowing sales, too much inventory biting Kogan

The Kogan.com Ltd (ASX: KGN) share price is currently down 13% after reporting a difficult six months in the first half of FY22. Kogan is one of the leading e-commerce platforms in Australia. It sells a wide array of goods like toys, electronics, clothes and appliances. Kogan also offers things like mobile and energy services. Kogan’s HY22 result Here…

Jaz Harrison | 25th Feb 2022 | More
  • Small cap hydrogen ASX stocks see lift off

    Pure Hydrogen (ASX:PH2) – With Hydrogen being pitched as the miracle fuel to solve all our climate change issues a flurry of small cap hydrogen stocks have emerged, ready to capitalise on the massive interest in the sector and its underlying technology. Pure Hydrogen came together in early 2021 via a merger of Real Energy…

    Ishan Dan | 23rd Feb 2022 | More
    Why Coles is beating Woolies post the pandemic

    The Coles Group Ltd (ASX: COL) share price is in focus after the supermarket business reported its FY22 half-year result. Coles HY22 result Coles reported several financial metrics for investors to look at: Sales revenue grew 1% to $20.6 billion EBITDA down 2.2% to $1.76 billion EBIT down 4.4% to $975 million Net profit after tax down 2% to $549 million…

    Jaz Harrison | 23rd Feb 2022 | More
  • Hydrogen and its role in Australia

    Global asset manager, Nanuk Asset Management, which specialises in sustainability, presented its “Hydrogen or Hamburgers” webinar to investors last week. It was an interesting take on some of the confronting issues, such as the global efforts to address climate change and the realisation that technologies like solar, wind and batteries have widely become a success,…

    Ishan Dan | 18th Feb 2022 | More
    Douugh gears-up to launch its three-in-one banking app

    After collecting dust for almost a year, neobank Douugh (ASX:DOU) has been quietly positioning itself to take over the world with its cutting-edge global fintech technology. It’s been roughly a year since the company listed on the ASX and in that time the neobank has garnered significant interest in its full-service fintech banking app. Douugh…

    Ishan Dan | 18th Feb 2022 | More
    11 ASX shares out with BIG dividends today

    ASX shares have been out with big earnings reports today and some even bigger dividends. ASX shares have been out with big earnings reports today and some even bigger dividends. Here are 11 that caught my eye and are worth a spot on your watchlist for dividend income. Anchor your portfolio with these top 20…

    Lachlan Buur-Jensen | 18th Feb 2022 | More
    Magellan surprises the market with a bumper profit and increase in dividend

    Magellan Financial Group (ASX:MFG) has finally delivered a bit of good news to its shareholders after announcing a profit beat and increase in dividend in its interim result. On the back of this, the beaten-down share price is are rocketing, up 18 per cent at the time of writing. Interim net profit came in at…

    Ishan Dan | 18th Feb 2022 | More
    Why we are copper bulls

    The price of Copper, chemical symbol Cu, touched an all-time high in November 2021, reaching a tick over US$10,700 a tonne, and copper is still holding above US$10,000 a tonne. We believe that the long-term pathway for growth in copper will likely see price continue to trend upwards over the next decade. The conviction behind…

    Emanuel Datt | 18th Feb 2022 | More
  • BHP share price rises on Massive HY22 dividend

    The BHP Group Ltd (ASX: BHP) share price is rising after the ASX 200 (ASX: XJO) resources giant reported a giant half-year dividend in its result. BHP’s strong HY22 result BHP revealed that its profit soared in the first six months of FY22 to 31 December 2021. It said that continuing operations profit from operations rose 50% to US$14.8 billion, with underlying EBITDA rising by…

    Jax Harrison | 16th Feb 2022 | More
    Seven ASX shares with Monster updates

    An army of ASX shares has been updating the market today with their first-half results for FY22. Here are the seven I like the look of and are on my watch list. Keep up to date with the February 2022 reporting season calendar. 1. EML Payments Ltd (ASX: EML) The EML share price has fallen…

    Lachlan Buur-Jensen | 16th Feb 2022 | More
    What’s wrong with Nanosonics?

    The Nanosonics Ltd (ASX: NAN) share price has sunk as much as 16% this morning after announcing it would renegotiate its contract with major distributor GE. The business also expects to report revenue a 41% jump in revenue to $60.6 million for the first half when it releases its result on February 22. Currently, the Nanosonics share price is…

    Lachlan Buur-Jensen | 9th Feb 2022 | More
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