AUB Group (ASX:AUB) Shares Drop On The Day, But Huge Gains On The Year
Investors in AUB Group Shares (ASX:AUB), a prominent player in the insurance broking and underwriting sector in Australia and New Zealand, are basking in the success of a 7.81% increase year to date. This figure highlights the substantial gains shareholders have enjoyed, far exceeding the pain of a total loss one might fear in stock…
Proteomics International’s (ASX:PIQ) Delays the Launch of Kidney Disease Test in US
Proteomics International Laboratories (ASX:PIQ), a pioneer in the field of biomarker discovery and application, has suffered a stock price plummet following the announcement of a delay in the US market launch of its ground-breaking kidney disease predictive test. News of the setback saw the company’s shares tumble nearly 23%, wiping out recent gains as investors…
Car Group (ASX: CAR) – Should Investors Take Profits, Hold, or Buy?
On 11 February Car Group (formerly Carsales.com) reported solid Half Year 2024 financial results. The stock price fell slightly on the release, only to rally, reaching an all-time high on 29 February. The stock price is up 873% since its 2009 listing on the ASX. Car Group was a fintech (financial technology) disruptor before the…
ASX This Week (W/C 18th March) – Earnings Thin On The Ground
As we get ready for a new week in the Aussie stock market, a little reflection on the last week is at least earned. With the ASX200 having seen a 2.25% drop and the XAO (All Ords) down 0.63%, we may be feeling a little bruised but it is always worth taking a longer view…
(ASX:MPL) Medibank Private Shares Up Strongly In March, Current Price Targets Close
In recent months, Medibank Private Limited stock price (ASX:MPL) has witnessed a solid surge, with shares ascending by 7.5% YTD. This rally has encapsulated investor confidence and sparked a wave of optimistic discourse among market analysts observing the health insurer. In comparison, the ASX200 has risen by 0.56% over the same period, so this is…
Can the Atlas Pearls (ASX: ATP) Share Price Regain Its Momentum?
Atlas Pearls farms South Sea pearls, producing high-end jewelry. The company sells finished jewelry online and raw pearls to trade customers at auction. Following the release of outstanding Half Year 2024 results the surging share price fell. Atlas Pearls breaks conventional investing wisdom to stay clear of “one-trick-ponies.” The company has a sole source of…
Aussie Dollar Rallies Against USD Amid Uncertain Print
The Australian dollar has been experiencing upward momentum over the past month, riding the coattails of rallying gold prices against the USD. AUDUSD has strengthened just shy of 0.8% over the past month, from a longer growth period of 2.2% over the preceding six. This represents a marked turnaround from the past few years where…
Apple (NASDAQ:AAPL) Poised to Propel Forward in AI – Shares Up More Than 1% In US AM
In an industry shift that signals Apple Inc.’s (NASDAQ:AAPL) intensified focus on artificial intelligence, the tech behemoth is on the brink of acquiring Brighter AI, a privately held startup that specialises in anonymizing private data within images. This tactical move aligns with Apple’s broader strategy to embed cutting-edge AI technology into its suite of products,…
Copper Stocks Shine While ASX 200 Dips Amid Macquarie’s Bank Downgrades
In today’s financial exchange, the ASX 200 index witnessed a minor decline, closing 15.8 points lower, representing a 0.20% dip in its overall value. Despite this modest drop, specific sectors and commodities contributed to a dynamic day in the markets. The limelight was undoubtedly taken by copper stocks, which experienced a prosperous ride due to…
Australia and New Zealand Banking Group (ASX:ANZ) Displaying a High Yield and Potential for Growth
In the bustling landscape of the ASX, the Australia and New Zealand Banking Group Limited (ASX:ANZ) stands out as a beacon for income-focused investors. Currently flaunting a dividend yield of 6.02%, ANZ has surpassed the banking sector’s average yield of 2.11%, delineating its commitment to shareholder returns. As the financial year marches on, ANZ’s performance…
