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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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Eastern state residents flock west to escape the COVID-crisis

Our business journalist Grady Wulff spoke to REIWA Deputy President Joe White about the growing popularity of moving west.

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Grafa Daily Update – 12 August 2021

The ASX climbed to yet another record high close; Appen shares tumbled on news of Chair Chris Vonwiller standing down; Qantas shares rose on the launch of its new ‘aviation themed’ Zoom

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$415 million sugar hit for the underdogs as Afterpay investors cash in.

BNPL companies add $415 million to their collective value on Afterpay acquisition news. Zip Co surged $376 million in value, while Sezzle added $23 million & Humm gained $16 million on Afterpay’s

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Dow Jones closes up 0.8%, ASX futures down ahead of market open in Sydney

Dow Jones closes up 271.58 points (0.8%). ASX futures trading lower with ASX set to fall 10 points (-0.14%). Bitcoin is trading at US$41,000. Aug. 6 — The Dow Jones rose 0.8%

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US markets rally; Robinhood skyrocketed 50%; Fiverr plunged 24% on guidance update

The Nasdaq closed 0.8% higher at a fresh record 14,895. HubSpot soared just under 12% on Q2 results topping estimates. Fiverr tumbled more than 24% following Q2 results and Q3 guidance update.

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ASX200 rallies; REA Group plunges 5%; Flight Centre rallies on CEO optimism

ASX200 is trading 0.03% higher at 7514.10 after lunchtime. REA Group hit by investor selloff amid fears of listing volumes declining. Flight Centre share price boosted by CEO optimism from vaccine passport.

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ASX closed higher; Xero rallied on broker note; Qantas dipped on Rex comments

ASX200 closed 0.11% higher at a fresh record 7511.10. Xero rallied on positive broker note following App store launch. Qantas shares dipped on Rex deputy chair questioning stand down. The Australian market

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US markets rally; Robinhood soared 20%; Under Armour surged on Q2 result

The Nasdaq closed 0.6% higher at 14,761 on Tuesday. Robinhood soared 20% on Ark Innovation disclosing shareholding. Under Armour surged 7.5% on strong quarterly earnings results. The US markets shook off early

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ASX closed lower; PointsBet tumbled on capital raise; Qantas stands down 2500 workers

ASX200 closed 0.23% lower at 7474.50 on Tuesday. PointsBet tumbled just under 14% today on capital raising completion. Qantas dipped as 2500 workers stood down as COVID crisis worsens. The Australian market

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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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