Blockchain is probably the biggest trend of this era. It’s hot right now and its exciting. Blockchain is the technology that underpins all cryptocurrency. It’s the digitally distributed, decentralised, public ledger that exists across a network. But Blockchain is no longer only relevant to cryptocurrency and can be used across a number of services. These…
HUB24 (ASX:HUB) – Shares in the leading wealth management platform are rising on the back of record second-quarter net inflows of $3.6 billion. This includes $349 million moved to the new Rhythm Super product, a private-label wealth management platform owned by Insignia (ASX: IFL), the former IOOF. The strong quarter means the group is now…
Block (ASX:SQ2), the purchaser of Afterpay, has finally landed on the ASX. The shares (actually CHESS depositary instruments, or CDIs) started trading last Friday on a deferred settlement basis. This is the endgame of the process that began last August, when Block (then named Square, Inc.) and Afterpay announced the agreed takeover of Afterpay by…
Australia’s very own home-grown semiconductor company, BrainChip Holdings (ASX:BRN), has more than doubled in price in 2022 so far, as investors lap-up news including that of a new US patent, the eighth patent the company has secured since 2008. BrainChip bills itself as the world’s first and only commercial producer of neuromorphic artificial intelligence chips….
Leading independent, full-service financial services firm, Canaccord Genuity, has released its “Top Australian Stock Picks for 2022”. The publication is a collection of Canaccord’s top 26 stock picks across a diverse group of sectors including Metals and Mining, EV Materials, Energy, Mining Services, Sustainability, Software and Services, Internet, Telecommunications, Retail, Beverages, Health Care and Wealth…
The Crown Resorts (ASX:CWN) board has announced its intention to accept the “revised non-binding proposal from Blackstone to acquire all of its shares by way of a scheme of arrangement at $13.10 cash per share. It’s been a long-running saga, with this the fourth bid from Blackstone, whose previous offers were deemed not compelling by…
Subscribers to the IPO of salary-advance fintech Beforepay (ASX: B4P) were left in shock following the company’s 40% tumble within the first hours of trade. Shares fell from the listing price of $3.41 to $2.20 by mid-afternoon, crushing any hopes of instant stock market success to become the next generation lender. BeforePay is a pay-on-demand…
Iron ore is back. An unexpected recovery in the iron ore price has the industry punching the air in delight as its turnaround wasn’t expected for quite some time. It’s hard to believe such a recovery is taking place after iron ore’s recent crash. Late last year, Chinese demand for iron ore surged on the…
Microsoft (NASDAQ:MSFT) is back. The 46-year old, $2.3 trillion-dollar company has had its status raised back to FANG rank, taking the place of Twitter (NYSE:TWTR) in the Intercontinental Exchange NYSE FANG+ index. ETF Securities FANG+ ETF (ASX:FANG) was quick to make the change, replacing Twitter in the first reconstitution of the fund since it was…
This week fund manager VGI Partners (ASX:VGI) has ended media rumours by confirming it is looking to merge with a fellow fund manager. While speculation has been rife, and the company says there are several parties under consideration, it seems that Regal Funds Management and Challenger are the two names being touted by financial media….
