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Market Insights and Finance News

Market Insights and Finance News

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Vale’s net earnings down 9%

Brazilian iron ore and base metal giant Vale saw net earnings slip 9% in the three months to March 31.The company reported net income attributable…
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Stocks of the Hour: Tamboran Resources, Recce Pharmaceuticals, Cooper Metals

Tamboran Resources (ASX:TBN) has announced that the Shenandoah South 1H (SS-1H) well in EP 117 achieved an average 90-day initial production flow rate of 2.9…
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ASX down 1.22% near noon: BHP tumbles 4.5%

BHP's (ASX:BHP) decline weighs on shares, while traders anticipate no interest rate cuts in 2024 due to Australian inflation surpassing expectations, causing Australian bond yields…
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Gold Road Resources backs out of Greenstone deal

It's no wonder Gold Road Resources (ASX:GOR) bailed on a move to buy an interest in the Canadian gold miner Greenstone.Gold Resources pulled the plug…
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Boeing’s struggles: Losses, downgrades, and liquidity worries

Boeing lost hundreds of millions of dollars and used up $US3.9 billion in cash in the March quarter. Revenue fell nearly 8% from a year…
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Business Quality Matters

In the future, when you wake up your hot coffee will be ready, the fridge will have ordered your groceries and a drone will already…
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BHP makes $60 billion bid for Anglo American

Shares in BHP (ASX:BHP) will come under pressure on the ASX on Friday after it confirmed it had made an unsolicited all-paper takeover offer for…
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US economic growth disappoints

In the wake of the weaker-than-expected first estimate of US economic growth, it seems US interest rates aren’t going lower for a while longer—perhaps past…
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Alphabet’s dividend debut and soaring revenue

Alphabet (Google) has transitioned into the sphere of mundane industrials, aligning itself with the likes of Apple and Meta by initiating dividend payments.This significant move…
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Mixed economic signals weigh on US markets

US stocks slid as mixed economic data raised fears that stagflation may rear its ugly head, as growth numbers came in weaker than expected and…
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Weak revenue forecast from Meta causes stock plunge

The Mag Seven megatech story took a hit as a weak revenue forecast from Meta Platforms caused shares to plunge 16% in after-hours trading on…
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Time to sell in May and go away?

Share markets have had a great start to the year. It has been so good that many investors can't help but wonder if it is…

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