Market News

4DMedical (ASX:4DX) has announced a three-year contract with UC San Diego (UCSD) Health, ranked among the top 10 US hospitals for respiratory care. This agreement brings 4DMedical’s innovative lung imaging technology into clinical use at one of the nation’s leading medical centres. 4DMedical’s XV Technology transforms how respiratory function is assessed. Traditional imaging techniques, like […]

SEEK (ASX:SEK), a leading online employment marketplace, held its 2024 Annual General Meeting today. The company presented its FY25 guidance and trading update, highlighting its focus on the Asia-Pacific (APAC) region. This strategic emphasis follows the sale of its Latin American assets in mid-2024, allowing the company to concentrate on markets where it holds a

SRG Global (ASX:SRG) has secured $700m in contracts across Australia and New Zealand. The company offers diversified infrastructure services, specialising in engineering, construction and maintenance. It delivers critical solutions across the entire asset lifecycle for industries such as water, transport, health, resources and dairy.  The newly announced contracts span multiple sectors and include key repeat

Sayona Mining (ASX:SYA) and Piedmont Lithium (ASX:PLL) have announced an all-stock merger, and will form North America’s largest producer of hard rock lithium. This deal will see the two companies combine resources, creating a new entity, “MergeCo”, with a 50/50 ownership split immediately following the transaction. The merger aims to simplify corporate structures, improve economics

Meteoric Resources (ASX:MEI), a Perth-based exploration company that focuses on the development of rare earth materials, has announced the appointment of Stuart Gale as its new Managing Director and Chief Executive Officer, effective immediately. Gale, who joined the company in April 2024, steps up from his role as General Manager – Commercial. He succeeds Nick

ALS (ASX:ALQ) has reported underlying revenue of $1.46bn for the half year ending 30 September 2024, up 14% year-on-year. Growth was driven by robust performance in the Life Sciences division, which saw revenue climb 25.6%, offsetting softer conditions in the Commodities division. Statutory net profit after tax (NPAT) declined 5% to $126.8m due to acquisition-related

TechnologyOne (ASX:TNE) has reported a profit before tax of $152.9m for the financial year ending 30 September 2024, an 18% increase year-on-year. The result outperformed earlier guidance of 12–16% growth, marking the company’s 15th consecutive year of record profits, revenues, and SaaS fees. TechnologyOne, headquartered in Brisbane, is Australia’s largest provider of software for managing

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses what to expect under Trump. Key points The economic and financial environment today is more challenging than when Trump first took over in 2017: inflation is a bit higher, the budget deficit is worse, bond yields are higher and shares are more

The Nasdaq Composite gained on Monday after a tough week, bolstered by a surge in Tesla shares, as Wall Street focused on upcoming earnings reports that could move the markets. The index climbed 0.6 percent to 18,791.81, while the S&P 500 added about 0.4 percent to close at 5,893.62. The Dow Jones Industrial Average lost  0.1 percent

Empire Energy Group (ASX:EEG) has commenced drilling for its Carpentaria Pilot Project in the Beetaloo Basin in the Northern Territory after receiving environmental clearance. The initiative aims to deliver much-needed gas to the Northern Territory and east coast markets, supported by local and federal government strategies.