Megaport (ASX:MP1) Brings NaaS to Milan
Megaport shares (ASX: MP1) has given holders a bumpy ride in 2024, with gains of more than 60% through the first quarter of the year now firmly in the rear-view mirror. Where the first five months of the year brought significant gains to the stock, the last five has seen MP1’s price fall by 50%,…
Piedmont Lithium Shares (PLL) Continue Fightback From Recent Lows
Piedmont Lithium’s share price (ASX: PLL) gained an impressive 10.81% in trading today, as the stock continues to fight back against bearish sentiment that had seen 52 week lows of $0.10 set one month ago. Investors witnessed its value leap from $0.185 to $0.207 cents in late morning trade before settling at $0.20 for the…
TechnologyOne Shares (TNE) Hitting New 52 Wk Highs
Shares of Australian software company TechnologyOne (ASX: TNE) made a fightback in trading over the past two days, gaining 0.41% today, to add to the 1.4% gain on Wednesday. The dip to start the week followed an unfavourable analysis from global investment firm Goldman Sachs. The firm’s stance on TechnologyOne switched from a ‘Buy’ rating…
Rio Tinto Set to Bolster Lithium Capacity With Arcadium Acquisition
International mining conglomerate Rio Tinto (ASX:RIO) is poised to significantly enhance its lithium production capabilities through the acquisition of Arcadium Lithium (NYSE:ALTM), after reaching a definitive agreement. The ambitious move, valued at US$6.7 billion, will take the form of an all-cash transaction at US$5.85 per Arcadium share. This bid underlines Rio Tinto’s commitment to becoming…
HMC Capital Shares Hit 52 Week High As Goldman Initiate Coverage with a ‘Buy’
Goldman Sachs has just launched coverage on HMC Capital (ASX: HMC), stamping the alternative asset manager with a confident Buy rating and a price target of A$8.94. With HMC Capital’s shares having added an impressive 41.61% on a YTD basis, the endorsement adds an additional layer of confidence into an already bullish phase that has…
ATFX Announces Strategic Investment in Spark Systems to Enhance Institutional Offerings
ATFX is pleased to announce its strategic investment in Spark Systems, a next generation, institutional-grade eFX trading platform based in Singapore serving clients in Asia and globally. ATFX is entering into this partnership with Spark Systems via a Series C investment. Spark Systems investors include leading venture capital companies and also global banks including Citibank…
SiteMinder Shares (ASX: SDR) Threatening Highs As Rally Continues
Attention has been increasing in recent weeks on an Australian tech company that has been threatening multi year highs, and according to some, may be closing in on all time highs. SiteMinder’s share price (ASX: SDR) has experienced a significant uptick over the past month of trading, adding 1.14% today, to bring 1 month gains…
ASX 200 Hits Record Highs in Trading
In a show of strength, the ASX 200 Index (ASX: XJO) has added 0.7% to begin the week, and propelled itself into record territory, making an all-time high close of 8,269.8 points, having touched 8,285.70 in trading. This marks a significant milestone for the index, which has witnessed impressive growth of 17.58% over the past…
All Ords Closing In On Highs, As Indices Close Green On Day
The ASX 200 Index (ASX: XJO) surged ahead today, securing a strong 0.95% gain to close at a commendable 8,203.7 points. The All Ords managed one better, gaining 1.07% to close in on 52 week highs. The XAO closed out at 8,462.80 points, just down from the 8,474.10 mark hit in recent days. Notably, within…
Lynas Rare Earths Shares (ASX: LYC) Close at 52 Wk High
Lynas Rare Earths share price (ASX: LYC) closed at new 52-week highs of $7.70 today as the stock continues to rebound from March lows. With the company announcing the AGM taking place on Wednesday 27 November 2024 on the day, the company has another opportunity to share insights from last month’s financials. Adding to the…
