Market News

Silex Systems (ASX:SLX) specialises in laser isotope enrichment technology. The company has a market cap of approximately $1.2bn and is headquartered in Lucas Heights, Australia, where it also operates its major projects. Silex’s flagship initiative focuses on enriching uranium for nuclear fuel production, essential for the operation of today’s nuclear reactors. Amid geopolitical disruptions, such […]

Weebit Nano (ASX:WBT), a leader in non-volatile memory technology, is at the forefront of the rapidly growing semiconductor industry, which is expected to reach a trillion dollars by the end of the decade. The company specialises in Resistive RAM (ReRAM), a promising replacement for flash memory, with applications across AI, power management and IoT. Despite

2D Generation, which Adisyn (ASX:AI1) has entered into a binding agreement to acquire, is revolutionising semiconductor technology by integrating graphene into chip design. The company focuses on using graphene, a two-dimensional material, to solve the interconnect problem in advanced semiconductors. Graphene, known for its extraordinary conductivity and strength, is ideal for replacing traditional copper and aluminium

BluGlass (ASX:BLG) focuses on gallium nitride (GaN) semiconductors, which emit visible light, unlike traditional semiconductors. These GaN lasers enable advancements in various sectors, including quantum computing, biotech and defence, by leveraging visible light for data transmission. Recent successes include securing a $1.2m agreement for single-frequency laser development, contributing to a projected $5bn market by 2030.

Air New Zealand (ASX:AIZ) has forecast pre-tax earnings for the first half of FY25 to be between NZ$120m and NZ$160m, down from NZ$185m during the same period last year. Despite the decline, the guidance significantly exceeds the NZ$37m pre-tax earnings reported in the second half of FY24, signalling a potential recovery from recent challenges. The

Bell Financial Group (ASX:BFG) has announced a $58m proposal to acquire 100% of Selfwealth (ASX:SWF) through a scheme of arrangement. The offer includes $0.25 per share, representing a 108% premium to Selfwealth’s last closing price of $0.12 prior to initial negotiations. Bell Financial Group is a diversified financial services and wealth management business. Headquartered in

SG Fleet Group (ASX:SGF) has received a non-binding, indicative proposal from Pacific Equity Partners (PEP) to acquire all outstanding shares in the company at $3.50 per share. The offer represents a potential premium for shareholders, though specific figures have not been disclosed. Shares in SGF are up 23.22% at $3.29 on the back of the

Novonix (ASX:NVX) has secured a binding agreement with Volkswagen subsidiary PowerCo SE to supply a minimum of 32,000 tonnes of high-performance synthetic graphite from 2027 to 2031. The deal strengthens Novonix’s position as a significant player in the North American battery supply chain. Novonix develops and produces materials and technologies for lithium-ion batteries, focusing on

US markets closed higher on Friday, with the Dow Jones Industrial Average hitting a new all-time high, closing at 44,296.51. The S&P 500 also saw its fifth straight positive session, finishing at 5,969.34.  However, gains were somewhat tempered by slides in tech giants Nvidia and Alphabet.  Looking at sector performance, energy stocks experienced a significant

Nvidia (NASDAQ: NVDA) posted its third-quarter results for FY2025 after market close on Wednesday, surpassing analysts’ expectations across key metrics. However, despite the strong performance, the company’s stock price has fallen since then, reflecting investor unease over its Q4 guidance and rising costs. Shares are trading 3.22% lower at US$141.95 as of the time of