Sims upgrades FY26 earnings as AI-driven demand lifts growth
Sims Limited (ASX: SGM) had a big day on the ASX on Wednesday. Shares shot up as high as 17% in early trade before pulling back to close around 10% higher. The trigger was a trading update where Sims told investors it expects to more than…
New Hope Shares Slide After Profit Collapse
New Hope Corporation (ASX: NHC) dropped around 6% on Tuesday after reporting one of its toughest half-year results in recent memory. Net profit collapsed 84% to A$54.3 million for the six months ended January 31, 2026. The dividend was also cut. On the surface, it looks like a…
RBA Hike: What It Means for ASX Stocks
The Reserve Bank of Australia has raised the official cash rate by 25 basis points to 4.10%, its second consecutive hike in as many months. The decision was made by a single vote, with five board members voting to increase the rate and four voting to leave…
Vulcan Energy: A Key Step Forward
Vulcan Energy Resources (ASX: VUL) has quietly become one of the more interesting ASX lithium stories this week, with the company officially confirmed for inclusion in the S&P/ASX 200 index effective March 23 and drawing fresh attention to the progress it has made on the ground in Germany. After…
West African Resources: What Investors Should Know
West African Resources (ASX: WAF) is in focus this morning after reporting one of the strongest profit results in the ASX gold sector this season. Full-year net profit jumped 130% to A$567 million, revenue more than doubled to A$1.54 billion, and the company finished the year sitting on…
ASX mining stocks slide as China slows
ASX mining stocks are under serious pressure. Copper fell 2.4% overnight to US$5.70 per pound, nickel dropped 2.7% to US$17,250 per tonne, and aluminium shed 2.5%, dragging the Materials Index sharply lower. The trigger is not one piece of news but a building picture. At China's annual Two…
Perpetual moves closer to a simpler business
Perpetual (ASX: PPT) shares rose 1.79% to A$16.53 on Monday after the company confirmed a binding deal to sell its Wealth Management business to Bain Capital for A$500 million in upfront cash. The stock is still down 13% in 2026, and the market's muted reaction suggests investors are…
Pantoro Gold slides after another guidance cut
Pantoro Gold (ASX: PNR) lost nearly a third of its value in seven days after cutting its full-year gold production target for the second time in quick succession. The culprit this time was ex-Tropical Cyclone Mitchell, which dumped heavy rain across the company's Norseman operations in Western Australia,…
Tetratherix jumps on new US GLP-1 deal
Tetratherix (ASX: TTX) surged 22% on Monday after signing an exclusive deal with US consumer health company Superpower Health to develop a new precision medicine franchise. The agreement is immediately revenue-generating, which is a meaningful shift for a company that has not yet recorded commercial product sales. Under…
While most investors have been chasing energy and gold stocks since the Iran conflict escalated, two ASX insurers are sitting at very different valuations with very different outlooks. QBE Insurance Group (ASX: QBE) is roughly flat over the past year but carries a direct tailwind from global insurance repricing. Suncorp Group (ASX: SUN) has fallen…
