Buying Netflix shares from Australia may seem like a no brainer. It has recorded exponential growth since its famous pivot from DVD rental to streaming, now boasting over 250 million memberships around the world and a content library other streaming platforms can only dream of. Yes, there were concerns about it losing revenue due to…
It is ASX quarterlies season in the dying days of January, April, July and October, and we are just upon that season again. Here's a guide to investors as to what they are and what they should be looking for.
What are ASX quarterlies?
ASX quarterlies refer to the quarterly financial reports that companies listed on…
We're nearly at that time of year when companies upgrade or downgrade their FY24 guidance. It is called 'confession season'. Why now? Because it is close to the end of the financial year, but also right before one of the most major equities conferences in Australia, run by Macquarie in early May.
A downgrade to guidance…
Tigers Realm Coal (ASX:TIG) has been one of the few ASX stocks (if not the only ASX stock) with direct exposure to Russia, through coking coal operations in Siberia. The company has its principal office in Moscow, but a registered Australian office in the Melbourne suburb of Collingwood.
After listing in 2011 with a $37.5m market…
Is Australia still set for a soft landing? For some months now, it was thought the answer was a firm yes. Some thought we were there already.
But this week, there is less uncertainty as to this question, specifically in light of US retail sales growth figures released earlier this week. The impact of the Stage…
The big question on many investors' minds this week is why is Gina Rinehart buying into Lynas Rare Earths (ASX:LYC)? A substantial notice lodged with the ASX last Tuesday (April 16) shows that she now owns 5.82% of Lynas Rare Earths, in a stake worth over $300m with over 54m shares at over $6 each.
It…
When will coal be phased out in Australia? It is inevitable that coal's days are numbered, although the Russia-Ukraine war temporarily led to a new boom in the market given high prices. And Australia still has 21 gigawatts of energy produced by coal annually.
On a production basis, Australian hard coal production grew from 348Mt to…
Woolworths shares may at first glance appear to be one of the most risk-free investments on the ASX. It has a duopoly with Coles, makes multi-billion profits, and is a reliant dividend payer. Few other businesses were allowed to continue to operate with little to no disruption other than mandated PPE during COVID-19 lockdowns. But...that…
Last week, the government introduced changes Australian merger and acquisition laws not seen in nearly 5 decades. The ACCC had long expressed that existing laws were not sufficient, allowing deals to go ahead that would worsen the state of competition - an eventuality the laws were meant to prevent.
But what changes are being made? And…
The transformation of GameStop Corp. (GME) into a "meme stock" is a fascinating event. It underscores the power of collective retail investor action in the financial markets and its exemplification through social media. It was the first, but was by no means the last.
Who is GameStop?
GameStop Corp. is a video game, consumer electronics, and…
