Anthropic (ANT) Files for Historic IPO: What We Know Now
Anthropic, the AI safety company behind the Claude family of models, has officially submitted its Form S-1 registration statement to the U.S. SEC, setting the stage for what could become one of the most consequential technology listings in market history. The filing confirms plans to list on the Nasdaq under the ticker symbol “ANT,” with…
Greatland Resources Shares Start Week Strong: Here’s Why
Greatland Resources shares (ASX: GGP) started the week strong, adding 7.03% off the back of a clean first-quarter result that beat cost estimates. This is a welcome move for holders after a period of pressure, with the GGP share price climbing down 17.25% on the month leading in, only to bounce from oversold technical territory….
Tuas Shares Fall 30% To Start The Week: What Happened?
Tuas shares (ASX: TUA) were the worst performer on the ASX to start the week, closing 30.49% lower after Singapore’s telecommunications regulator served its wholly-owned subsidiary Simba Telecom with a formal Show Cause Notice. Such has been the rate of selling over the past year, that on the 1 year chart below, a 30.49% drop…
Drawdown rules: how static and trailing limits work
You are up AUD 8,000 on a challenge, then give back AUD 10,500 over two losing trades. You are still only AUD 2,500 below where you started, yet under a trailing limit the account is already closed, while under a static limit you would still be trading. The same trading sequence can leave you within…
MinRes Shares Down 38% In Two Months: The Latest Look
MinRes shares (ASX:MIN) fell 5.17% last week to A$42.36, extending what has been a torrid two months for holders. The Mineral Resources share price has been on the slide, down 38.67% from the August 24 close, in a period that has given back all the earlier YTD gains. With a YTD decline of 23.59% heading…
PLS Shares Coming off 50% Drop in Eight Week Losing Streak: Will Support Step In?
PLS Group shares (ASX: PLS) fell 8.07% on Friday to head into the weekend at A$2.62 today, just 1 cent above the freshly minted 52-week low. It has been a brutal selloff for a stock that had started the year so strongly, with a 56% gain through the first five months. Since June 1st, the…
Whitehaven Coal Shares Move Green on Year, As Production Ramps Up
Whitehaven Coal shares (ASX: WHC) rounded out last week at A$7.91, up 3.4% on the day, as markets responded favourably to the company’s September quarter (Q1 FY27) production report. The operational update highlighted a meaningful production beat and strong realised prices, sending shares back into positive territory on the year, up 1.28% YTD. What Was…
Ora Banda Mining Shares Breaking Down, As Production Comes Up Short
Ora Banda Mining shares (ASX: OBM) were punished off the back of its September quarter results, down 21.28% last week to break a key long-term technical support level. The OBM share price rounded out the week at A$1.11, down 16.54% on the day, and 33.93% lower over the past two months as bulls struggle to…
Iron Ore Stocks Under Pressure As Markets Work Through Latest Updates
A commercial dispute between Fortescue and China’s state-backed iron ore buyer sent shockwaves across the entire Australian iron ore sector last week, dragging major producers to multi-year lows and raising fresh questions about the pricing power dynamics between Australian miners and their largest customer into the weekend. With quarterly updates coming through against a negative…
Newmont Shares Fall Back, As Gold Price Weakens
Newmont shares (ASX: NEM) put up a third-quarter earnings report that failed to excite markets on what was a down day for commodities generally, falling 4.93% into the weekend and 6.7% on the week. Strong revenue and EBITDA beats were overshadowed by a jarring free cash flow shortfall and a sharp cost escalation warning for…
