News

After reading the company name Alliance Aviation Services Ltd (ASX: AQZ) you most likely want to close this tab on your browser. Why would I be interested in adding an airline to my watchlist?  Bear with me. I think by the end you will see why this isn’t your typical passenger carrier. AQZ share price AQZ share…

News this week that investment platform operator Hub 24 (ASX:HUB) had acquired SMSF service provider Class Super (ASX:CL1) marks the latest nadir in an arms race that has been going for decades. The deal is a no-brainer for Hub 24, which gains access to a business in Class that manages more data sources than almost…

The Pilbara Minerals Ltd (ASX: PLS) share price is in focus after the lithium and tantalum producer announced plans for solar energy in its progress towards net-zero emissions. Pilbara Minerals is an Australian lithium company that owns and operates its Pilgangoora project in the Pilbara region in Western Australia. It is one of the world’s largest hard-rock…

As the world gets ready to emerge from its Covid hibernation, low inventory levels, supply chain disruptions and booming demand for semiconductor chips have brought about an economic dislocation which is receiving considerable attention. Portfolio Manager Denny Fish and analyst Shaon Baqui at Janus Henderson Investors have released a research note for investors, outlining the…

Tech succumbs to mining, ASX weaker, Tabcorp, Cochlear updates The S&P/ASX200 (ASX: XJO) weakened throughout the day ultimately finishing 0.1% lower with a resurgent technology sector (up 1.6%) unable to overcome a continued sell off in the mining (-1.4%) and energy sector. Annual meeting season is upon us with investor poring through announcements for more guidance into an increasingly uncertain economy. A2 Milk (ASX: A2M) and Zip…

ASX rallies on multiple mergers, Hub24 expands, Praemium delivers After the unexpected end of Victoria’s lockdown that only way was up for the market, with the S&P/ASX200 gaining 0.3% to start the week. Whilst not a large gain it hid a further divergence in cyclical versus defensive sectors with materials, energy, financials and utilities all up strongly, but healthcare, tech and real…

ASX breaks losing streak, mining firms, Treasury juiced, travel boost The S&P/ASX200 (ASX: XJO) managed to break a three-week losing streak to finish 0.6% higher over the five trading days. It was ultimately driven by a strong Friday session, the market up 0.7%, which benefitted from a strong start to the US earnings season but more importantly,…

The Redbubble Ltd (ASX: RBL) share price is currently down 9% after releasing its FY22 first-quarter update. Why is the Redbubble share price being crunched? Investors pay close attention to how much growth a business reports. Sometimes, a quarterly update can have a major impact on investor thoughts. Though, arguably, one quarter shouldn’t necessarily have such a…

The IPO market is absolutely booming. To put it mildly. Never have we seen this much enthusiasm from cashed up investors, ready to splash their cash as they hunt for the next ten bagger. This year 135 new companies listed on the sharemarket, which is almost on par with the highest number of listings ever…

ASX snaps losing streak, tech platforms jump, South 32’s big deal The S&P/ASX200 (ASX: XJO) broke a three-day losing streak to finish 0.5% higher, however, a late sell off in the banking sector meant gains of as much as 1.2% were reversed. The financials and energy sector were the primary drags, down 0.9 and 0.5% as investors seek out higher quality,…

ASX flat, iron ore retreats, Bank of Queensland hit on revenue The S&P/ASX200 (ASX: XJO) fell 0.2% Wednesday, the third straight lower close. The selling pressure once again turned to the iron ore sector, but primarily the most leveraged, with materials down 1.1% but the likes of Mineral Resources (ASX: MIN) and Fortescue (ASX: FMG)…

The Bubs Australia Ltd (ASX: BUB) share price is up 16% this morning after announcing a large amount of growth in the first quarter of FY22. Bubs quarterly update The goat infant formula business revealed how it had performed in the first three months of FY22 to September 2021. Bubs said that total gross revenue nearly doubled…