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Copper shares on the ASX are on fire today, with some even up 15%. $Sandfire Resources Ltd (SFR.AU)$, $WA1 Resources Ltd (WA1.AU)$, and $Metals Acquisition Ltd (MAC.AU)$ are all seeing positive upticks.
This could be subsequent to three-month copper future prices reaching a 12-month high of US$8,991/tonne due to tight supply and demand.
Decrease in supply & Increase in demand
Over the last week, China has moved closer to potentially cutting copper prod...
This could be subsequent to three-month copper future prices reaching a 12-month high of US$8,991/tonne due to tight supply and demand.
Decrease in supply & Increase in demand
Over the last week, China has moved closer to potentially cutting copper prod...
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There has been a resurgence of meme stocks over the last few weeks, could there be another trend emerging?
Reddit has been a hot topic, with their public listing debut on March 21st. $Reddit (RDDT.US)$ stock rose more than 120% from its IPO price at its high, however in the last week it has dropped around 40% and is sitting at $45.
Another new meme stock from the social media space is Trump Media, which recently went public via a SPAC merger. Like Reddit, $Trump Media & Technology (DJT.US)$ 59% on it...
Reddit has been a hot topic, with their public listing debut on March 21st. $Reddit (RDDT.US)$ stock rose more than 120% from its IPO price at its high, however in the last week it has dropped around 40% and is sitting at $45.
Another new meme stock from the social media space is Trump Media, which recently went public via a SPAC merger. Like Reddit, $Trump Media & Technology (DJT.US)$ 59% on it...
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moomoo is in his feels today, could be the weather - or his portfolio…
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Australia is abundant in resources, ranking among the top producers of iron ore, lithium, gold, zinc, nickel, and cobalt.
The mining industry is a key pillar of the Australian economy, as well as the Aussie share market, contributing around 13.6% to the total GDP in 2023.
In 2023, eight Australian-based companies rank among the world's 40 largest mining companies by market capitalization, with BHP Group Limited and Rio Tinto Group leading the p...
The mining industry is a key pillar of the Australian economy, as well as the Aussie share market, contributing around 13.6% to the total GDP in 2023.
In 2023, eight Australian-based companies rank among the world's 40 largest mining companies by market capitalization, with BHP Group Limited and Rio Tinto Group leading the p...
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If you like a puzzle with your morning coffee, you might have heard of Wordle or Connections - the New York Times mini games.
Well, if you are interested in trading these games, the New York Times is actually a public company traded on US markets: $New York Times (NYT.US)$
In February, the NYT released their figures for Q4, showing a 7.2% increase in digital-only paying subscribers year on year.
By the end of last year, the NYT Games app was downloaded 1...
Well, if you are interested in trading these games, the New York Times is actually a public company traded on US markets: $New York Times (NYT.US)$
In February, the NYT released their figures for Q4, showing a 7.2% increase in digital-only paying subscribers year on year.
By the end of last year, the NYT Games app was downloaded 1...
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$Tesla (TSLA.US)$ has had a rough go this last month, and it has just reported its global quarterly deliveries - which have declined for the first time since mid 2020.
Tesla reported it had delivered 386,000 vehicles in the first three months of this year, a 15 percent drop from what Wall Street had been expecting just a few weeks ago (Intelligencer).
Despite this, solely based on these figures, Tesla has taken back the top spot on the EV food...
Tesla reported it had delivered 386,000 vehicles in the first three months of this year, a 15 percent drop from what Wall Street had been expecting just a few weeks ago (Intelligencer).
Despite this, solely based on these figures, Tesla has taken back the top spot on the EV food...
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Gold prices are continuing their rally and set another record high yesterday, with spot gold hitting an all-time record of US$2,265.53 per ounce.
In addition, US gold futures shot up 1.2% to $2,265.70 per ounce in New York.
These figures are most likely being supported by the latest US inflation data, which further boosted expectations of a Federal Reserve interest rate cut this coming June.
Big banks and analysts are also ...
In addition, US gold futures shot up 1.2% to $2,265.70 per ounce in New York.
These figures are most likely being supported by the latest US inflation data, which further boosted expectations of a Federal Reserve interest rate cut this coming June.
Big banks and analysts are also ...
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Big news for Australian winemakers and owners, as the Chinese Ministry of Commerce (MOFCOM) announced that tariffs on Australian wine imports into China have been cut, effective 29 March 2024.
This news has already benefited Treasury Wine Estates, with their stock up 1.77% in this afternoon's trading session.
Treasury Wine's CEO, Tim Ford, commented:
"Today's announcement is a significant positive not only for Treasury Wine Estates, but also ...
This news has already benefited Treasury Wine Estates, with their stock up 1.77% in this afternoon's trading session.
Treasury Wine's CEO, Tim Ford, commented:
"Today's announcement is a significant positive not only for Treasury Wine Estates, but also ...
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It's Easter Sunday for those who celebrate. We wish you a happy and safe Easter Sunday, filled with lots of chocolate. We hope you're ready to get back to trading on Tuesday!
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ASX is closed tomorrow for the Easter Monday public holiday. Trading will resume as usual on Tuesday.
If you want to stay on top of market closures, check in with moomoo's market calendar
If you want to stay on top of market closures, check in with moomoo's market calendar
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