News

Raiz (ASX:RZI) – The popular millennial investment app has posted a bumper second half profit result supported by strong growth in funds under management and rising member numbers. This has placed the company in an enviable position, confident of its FY22 outlook. In total the platform hit FUM of $799.6m and its customer numbers were…

CIMIC (ASX:CIM) – Shares in the multi-national building and engineering contractor surged last week, with CIMIC up 30 per cent on the back of an overseas takeover bid to mop-up one of Australia’s largest construction companies. The Spanish giant ACS, has lobbed a $1.5bn bid to end CIMIC’s long-running history on the ASX (as Leighton…

The Block Inc CDI (ASX: SQ2) share price has rocketed today after the business announced its FY21 results overnight. In early afternoon trade, the Block share price is up 34.77% to $156.40. Block? Afterpay? Square? Block, formerly known as Square, is a global payments business with divisions including Square, Cash App, Spiral, TIDAL and TBD54566975. The company also bought Australian buy now, pay later market darling Afterpay in January….

The Kogan.com Ltd (ASX: KGN) share price is currently down 13% after reporting a difficult six months in the first half of FY22. Kogan is one of the leading e-commerce platforms in Australia. It sells a wide array of goods like toys, electronics, clothes and appliances. Kogan also offers things like mobile and energy services. Kogan’s HY22 result Here…

Expert investment consultant Angela Ashton of Evergreen Consultants has flagged a return to traditional asset classes amid the first major armed conflict in many years. Commenting on Russia’s decision to invade Ukraine, she looks at history as a guide, highlighting that “markets often sell-off in the lead up to an armed conflict but tend to…

Pure Hydrogen (ASX:PH2) – With Hydrogen being pitched as the miracle fuel to solve all our climate change issues a flurry of small cap hydrogen stocks have emerged, ready to capitalise on the massive interest in the sector and its underlying technology. Pure Hydrogen came together in early 2021 via a merger of Real Energy…

The Coles Group Ltd (ASX: COL) share price is in focus after the supermarket business reported its FY22 half-year result. Coles HY22 result Coles reported several financial metrics for investors to look at: Sales revenue grew 1% to $20.6 billion EBITDA down 2.2% to $1.76 billion EBIT down 4.4% to $975 million Net profit after tax down 2% to $549 million…

Global asset manager, Nanuk Asset Management, which specialises in sustainability, presented its “Hydrogen or Hamburgers” webinar to investors last week. It was an interesting take on some of the confronting issues, such as the global efforts to address climate change and the realisation that technologies like solar, wind and batteries have widely become a success,…

After collecting dust for almost a year, neobank Douugh (ASX:DOU) has been quietly positioning itself to take over the world with its cutting-edge global fintech technology. It’s been roughly a year since the company listed on the ASX and in that time the neobank has garnered significant interest in its full-service fintech banking app. Douugh…

ASX shares have been out with big earnings reports today and some even bigger dividends. ASX shares have been out with big earnings reports today and some even bigger dividends. Here are 11 that caught my eye and are worth a spot on your watchlist for dividend income. Anchor your portfolio with these top 20…

Magellan Financial Group (ASX:MFG) has finally delivered a bit of good news to its shareholders after announcing a profit beat and increase in dividend in its interim result. On the back of this, the beaten-down share price is are rocketing, up 18 per cent at the time of writing. Interim net profit came in at…

The price of Copper, chemical symbol Cu, touched an all-time high in November 2021, reaching a tick over US$10,700 a tonne, and copper is still holding above US$10,000 a tonne. We believe that the long-term pathway for growth in copper will likely see price continue to trend upwards over the next decade. The conviction behind…