Another stunning “triumph” from Elon Musk as his highly hyped robotaxi product launch failed to impress investors—many of whom had believed he would achieve a marketing coup at Thursday night’s event. Instead, it was more of the same from Musk, according to reports from the Hollywood launch: long on hype, short on details. The Financial […]
Tesla shares drop after Robotaxi announcement Read More »
America’s 2024 hurricane loss bill looks like being boosted towards more than US$150 billion by Milton’s destructive path through central Florida and potential return to the north-east of the US. But the damages bill for consumers, businesses and governments at all levels will be much higher because home and property owners in the affected areas
Navigating Milton’s rising tide of losses Read More »
The country’s biggest investor, Australian Super, has ignored all the poor publicity around supermarket giant Woolworths (ASX:WOW) and its claimed price-gouging activities. It has spent close to half a billion dollars since late March boosting its already major position in the company’s share register. It’s a move that ignores all the criticism from politicians on
Shopping spree for Aussie Super Read More »
A week before it reports its third quarter earnings, Warren Buffett’s Berkshire Hathaway has cut its Bank of America stake under the 10% limit that requires disclosure of changes in the size of the holding in what US regulators call a “timely manner” (within two days, as against three days in Australia). A filing late
Buffett’s selling spree delivers billions Read More »
Rio Tinto’s (ASX:RIO) counter-cyclical move in offering nearly $10 billion for London- and US-based Arcadium Lithium has exposed the enormous potential losses now facing the entire lithium industry here and offshore — including in China. Rio’s offer is cheap — and so it should be, because the fortunes of the sector are vastly different to
Rio’s bargain hunt in the lithium jungle Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Global share markets rose over the last week helped by the absence so far
Scott Caithness – Managing Director – Alderan Resources Limited (ASX:AL8) is focused on copper and gold exploration in the US and lithium exploration in Brazil.
Alderan Resources (ASX:AL8) – Webinar Presentation Read More »
Jon Pilcher – Managing Director & CEO – Neuren Pharmaceuticals Limited (ASX:NEU) is developing new therapies for highly debilitating neurodevelopmental disorders that emerge in early childhood.
Neuren Pharmaceuticals (ASX:NEU) – Webinar Presentation Read More »
To register for today’s webinar click here. New World Resources (ASX:NWC) has submitted a comprehensive Aquifer Protection Permit (APP) application to the Arizona Department of Environmental Quality for its 100%-owned Antler Copper Project. This key environmental permit is essential for ensuring that the project’s facilities comply with all state and federal groundwater management and protection
Stocks of the Hour: New World Resources, Estrella Resources, HyTerra Read More »
Australian shares dipped at the open, following a weaker finish on Wall Street after US inflation data for September came in a bit higher than anticipated, alongside weekly jobless claims reaching a 12-month high. At 11:45am, the S&P/ASX 200 is 0.26 per cent lower at 8,201.90. The SPI futures are pointing to a fall of
ASX down 0.3% near noon: Energy up 0.3% Read More »
