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ASX closed sharply lower; BrainChip rocketed 12.4% on US patent; NiCo Resources soared 80% on debut

The ASX200 closed 1.03% lower at 7332.50 points on Wednesday. BrainChip skyrocketed 12.4% after receiving US patent approval. NiCo Resources soared 80% on its ASX debut following IPO raising $12m. The Australian market extended its losing streak into Wednesday, closing the midweek session 1.03% lower at 7332.50 as investors sold out of risky assets like tech stocks. The tech sector tumbled 2.56% today as Megaport

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ASX closed sharply lower; BrainChip rocketed 12.4% on US patent; NiCo Resources soared 80% on debut

The ASX200 closed 1.03% lower at 7332.50 points on Wednesday. BrainChip skyrocketed 12.4% after receiving US patent approval. NiCo Resources soared 80% on its ASX debut following IPO raising $12m. The Australian market extended its losing streak into Wednesday, closing the midweek session 1.03% lower at 7332.50 as investors sold out of risky assets like tech stocks. The tech sector tumbled 2.56% today as Megaport

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SHAKE THE TIN

Kalium Lakes Ltd (ASX: KLL) has announced a $50 million capital raise via the launch of a two-tranche placement of fully paid ordinary shares. When an ASX-listed company announces a capital raising,

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STOP!

Titomic Limited (ASX: TTT) has announced a trading halt. There are a few reasons why a stock would go into a trading halt. It is generally ahead of a news announcement. Trading

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Dow Jones closed down 0.3%, ASX futures down ahead of market open in Sydney

Dow Jones closes down 117.72 points (-0.3%). ASX futures trading lower with ASX set to fall 35 points (-0.48%). Bitcoin is trading at US$56,000. The Dow Jones fell 0.34% to finish the

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STOP!

Bounty Oil & Gas NL (ASX: BUY) has announced a trading halt. There are a few reasons why a stock would go into a trading halt. It is generally ahead of a

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SHAKE THE TIN

Bass Oil Ltd (ASX: BAS) has announced a $2.5 million capital raise via a Placement and Rights Issue. When an ASX-listed company announces a capital raising, it generally means it is selling

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STOP!

Neurotech International Ltd (ASX: NTI) has announced a trading halt. There are a few reasons why a stock would go into a trading halt. It is generally ahead of a news announcement.

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Dow Jones closed down 0.7%, ASX futures down ahead of market open in Sydney

Dow Jones closes down 250.19 points (-0.7%). ASX futures trading lower with ASX set to fall 35 points (-0.48%). Bitcoin is trading at US$58,000. The Dow Jones fell 0.72% to finish the

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STOP!

First AU Ltd (ASX: FAU) has announced a trading halt. There are a few reasons why a stock would go into a trading halt. It is generally ahead of a news announcement.

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SHAKE THE TIN

Alchemy Resources Ltd (ASX: ALY) has announced a $3.1 million capital raise. When an ASX-listed company announces a capital raising, it generally means it is selling more shares to raise money. More

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Digitisation evolution accelerated by COVID-19

Australia’s tech sector contributes A$167bn to GDP annually and employs about 861,000 people. Companies across all market segments are going through a digital transformation. Finding the right people to train and upskill

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US markets tumbled; Activision Blizzard soared 26% on acquisition; Moderna tanked 8.8% on Omicron update

The Nasdaq fell 2.6% to finish Tuesday’s session at 14,507 points. Activision Blizzard soars 26% after Microsoft agreed to buy it for US$68.7bn. Moderna tumbled 8.8% despite announcing Omicron-specific data release date.

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Dow Jones closed down 1.5%, ASX futures down ahead of market open in Sydney

Dow Jones closes down 543.34 points (-1.5%). ASX futures trading lower with ASX set to fall 66 points (-0.9%). Bitcoin is trading at US$43,000. The Dow Jones fell 1.51% to finish the

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ASX closed lower; BrainChip soared 25.68% on Mini PCIe update; Fortescue Future Industries signs supply agreement

The ASX200 closed 0.11% lower at 7408.80 points on Tuesday. BrainChip soared 25.68% on acceptance of orders for Mini PCIe board. Fortescue Future Industries signs long-term deal for green hydrogen supply. The

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JB Hi-Fi (ASX: JBH) – Unaudited results H1 FY22

JB Hi-Fi (ASX: JBH) – Unaudited results H1 FY22 Sales H1 FY22: $4.86bn, down 1.6% but up 21.7% over a two-year period. Online sales H1 FY22: $1.1bn, up 62.6% YoY, representing 22.7%

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Pools and a WFH space are hot property

Houses featuring a pool and big backyard with space to work at home in hot demand. A total of 57,558 residential rental properties were vacant Australia-wide over November. In December the average

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Mastiff amount being spent on Aussie fur babies

Australian pet owners are spending A$21.9bn on their furry friends each year. Nationally, Aussies spend twice as much on pets than they do eating at restaurants. Dogs are the most popular pets

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US markets closed; Pfizer receives approval for Paxlovid in Canada; AMC reopens all 950 cinemas

US markets closed due to the Martin Luther King Jr. holiday. Pfizer received approval for use of its COVID-19 oral pill in Canada. AMC Entertainment continues pandemic-recovery with all 950 cinemas open.

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ASX closed green; Beforepay tumbles 43% on IPO; Wesfarmers rallied on H1 trading update

The ASX200 closed 0.32% higher at 7417.30 to start the week. Beforepay tanked 43% following an IPO raising $35m at $3.41/share. Wesfarmers rose on H1 FY22 update including NPAT between $1.18m-$1.24m. The

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