All news

Does the Rising Price of Gold Make Aurumin (ASX: AUN) a BUY?

Does the Rising Price of Gold Make Aurumin (ASX: AUN) a BUY?

Aurumin listed on the ASX in 2020 with early positive drilling results on its Mt Dimer Project. After hitting an all-time high in mid-2021, the share price collapsed. Aurumin has now sold Mt Dimer, coupled with a capital raise, fully funding the company’s work at its Sandstone project. In December of 2021, junior gold explorer…

QBE Insurance Group Ltd (ASX:QBE) Stellar Performance and Bumper Dividend Payouts

QBE Insurance Group (ASX:QBE) has emerged with a gleaming report card, boasting a significant upswing in its net income to US$1.355 billion for the year ended December 31, 2023. As a reward to its shareholders, QBE upped its final dividend to A$0.48 per share for 2023, likely stirring the interest of yield-hungry investors. QBE closed…

The Best ASX Blue Chip and Large Cap Stocks to Buy in 2023

ASX200 Evening Roundup

The Australian stock market capped off an extraordinary week, with the ASX 200 soaring to set a new record, reflecting a surge of unrestrained demand from investors. The benchmark index firmly concluded the trading session on a high note, advancing 77.3 points or gaining 0.99% to establish a fresh record. In what has been an…

Ride Red 5 Limited’s (ASX:RED) Institutional Investors With 52% Ownership Enjoy Recent Stock Performance

Red 5 Limited (ASX:RED) up 4.11% today, is an Australian gold mining company, has become a notable example of the influence institutional investors can have on a company’s share price and overall performance. Currently, these heavyweight shareholders comprise 52% of the company’s ownership, exerting considerable sway on its market behavior. This high level of institutional…

Tesla shares (NASDAQ: TSLA) trading up in premarket despite price target revisions

Tesla shares (NASDAQ: TSLA) are trading 0.46% up in the pre-market, adding to yesterdays’ gain of 1.22%. This will be a welcome respite for shareholders who have seen values dip 10.99% over the last month and 27.61% YTD as some of the sentiment surrounding EV giant shifts gear. As Tesla gears up to report its…

The Best ASX Blue Chip and Large Cap Stocks to Buy in 2023

Wednesday Roundup – ASX200, All Ords, and Consumer Staples Up Strongly

We saw some strong performances from the Aussie indices on Wednesday, with the ASX200, the All Ordinaries and individual sectors delivering for bulls on the day. With gradually improving inflation data, financial markets are beginning to harbour increasing expectations that central banks might pivot towards interest rate cuts within the year, as they seek a…

Robinhood share price (NASDAQ:HOOD ) is up 130% in 12 months & bounces on new credit card launch

Shares in Robinhood Markets (NASDAQ: HOOD) are up 2.83% midway through the US trading day, as news of a new credit card product hits the markets. Investors showed renewed optimism as the company’s stock price enjoyed an uptick following the announcement of a novel financial product aimed at its customer base. Amidst a competitive environment…

Cleanaway Waste Management Benefits from Recycling Growth

Cleanaway Waste Management Benefits from Recycling Growth

Cleanaway is the largest waste management company listed on the ASX. The company has a stable record of financial performance. Cleanaway publishes an annual Recycling Behaviours Report. In December of 2023 a $50 million dollar facility for recycling plastic bottles began construction in Melbourne, with Cleanaway a major player in the multi-party joint venture behind…

Pioneering the Next Generation of Mining Technology

How the Global Copper Shortage Can Positively or Negatively Affect Mining Stocks

As the global economy undergoes monumental shifts towards green technology and infrastructure, the demand for copper—a fundamental component of electrical systems and renewable energy projects—has surged. This heightened demand has led Goldman Sachs’ metals research team to cast a spotlight on an impending crunch: the copper deficit. It is rumored that by the end of…

The Best Australian Blue Chip and Large Cap Stocks to Buy in 2023

Institutional Investors Hold Sway in ASX (ASX:ASX) Limited’s Future

The Australian Securities Exchange Limited (ASX:ASX) closed on -.033% today, with a YTD increase of 3.18%. It’s 6M percentage increase was also impressive at 15.69%. In a notable revelation for market observers, it has been discerned that institutional investors possess a majority stake in ASX Limited, one of Australia’s principal financial market exchanges. These entities,…