Viva Energy Drops After Refinery Support Boost
Viva Energy (ASX:VEA) tumbled roughly 10% on Wednesday, April 8, as a sudden Iran-US ceasefire sent oil prices crashing more than 16% in a single day, pulling the entire energy sector lower with it. At first glance, this makes little sense. The Federal Government had just upgraded its…
ASX Travel Stocks Rally on Ceasefire Oil Drop
Virgin Australia (ASX:VGN) surged 13%. Qantas (ASX:QAN) jumped 8%. Flight Centre (ASX:FLT) climbed strongly. Wednesday was one of the best single sessions ASX travel stocks have seen all year, and the reason is straightforward. Trump announced a two-week ceasefire with Iran, oil prices crashed 15%, and investors…
Fortescue Falls on Diesel Supply Fears
Fortescue (ASX: FMG) shares fell 1.32% to A$20.26 in Friday's session as the mining giant found itself caught between two competing headlines. On one hand, the company is pushing harder than ever on its Pilbara renewable energy rollout. On the other hand, a worsening global diesel supply crunch is…
ASX Mining Stocks Under Pressure as Iron Ore Falls
Iron ore has slipped to around US$103 per tonne on the Singapore Exchange, testing levels not seen in over a month, as Chinese ports hold near-record amounts of the steel-making ingredient- 177.5 million tonnes across 47 major facilities. For investors in BHP (ASX:BHP), Rio Tinto (ASX:RIO)…
Life360’s AI move could be a buying chance, not a warning
Life360 (ASX: 360) shares fell 3.28% to A$19.48 on Friday after CEO Lauren Antonoff announced a workforce reduction to transition the company towards an "AI-native model". The exact number of roles cut hasn't been disclosed, but the market's reaction was swift and negative. For…
Thursday was a rough day if you owned ASX energy stocks given oil crashed 15%. Woodside (ASX:WDS) fell more than 10%. Santos (ASX:STO) dropped 6%. Beach Energy (ASX:BPT) slid 7%. The rest of the ASX actually rallied on the same day, making energy the one sector left bleeding.
And it was all because Trump announced a…
Tamboran falls on a major capital raise
Tamboran Resources (ASX:TBN) fell around 17% yesterday after announcing a major capital raise priced at A$0.25 per CDI, roughly 22% below the previous close of A$0.32. For shareholders watching their holding drop overnight, the reaction is understandable. But here is the thing: this selloff was not caused by…
Bendigo Bank jumps on Q3 earnings beat
Bendigo and Adelaide Bank (ASX:BEN) had its best single day on the ASX 200 this week, with shares jumping as much as 9.5% after a stronger-than-expected quarterly earnings update. The result came in roughly 12% above market consensus according to UBS, driven by wider margins and strong lending…
Alkane Resources rises on strong quarter
Alkane Resources (ASX:ALK) climbed 4.07% to A$1.79 on Thursday after releasing a strong March quarter production update. The company delivered solid gold and antimony output across all three of its mines while building one of the healthiest balance sheets of any small-cap gold producer on the ASX. For investors…
Regis Resources (ASX:RRL) quietly delivered one of the more impressive quarterly updates on the ASX this week. The gold miner produced 90,600 ounces in the March quarter, keeping its full-year total at 277,500 ounces and firmly on track to meet FY26 guidance of 350,000 to 380,000 ounces. What really stands out is the cash position.…
