This year, Australia is witnessing its warmest winter since 1910, with spring not expected to make things better. Rough times lie ahead not just for Aussies but also for brands whose USP is winter clothing, like Kathmandu. Seeing its first full financial year of uninterrupted trade since the pandemic, retail company KMD brands (ASX: KMD),
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The XJO is expected to edge lower on open this morning following slight pullback in the U.S overnight and their flat futures this morning. Yesterday our market continued the selldown, settling on 7,200 key support. This largely reflects the U.S as both markets are being cautious heading into the Fed rate decision tonight. The Fed
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Over 20,000 Aussies are diagnosed with breast cancer every year and is the most commonly diagnosed cancer among women in the country. Therefore, early detection is crucial, and medical imaging is a large part of it. Given that, medical imaging tech provider Optiscan Imaging (ASX: OIL) is conducting a Breast Cancer Intraoperative Assessment study. The
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In FY23, in the face of rising interest rates and inflation, property development and investment business Axiom Properties (ASX: AXI) decided to change tact. As companies embraced the artificial intelligence (AI) boom, Axiom got on board, setting its sights on PropTech. Globally, investments in PropTech grew from $23.9 billion in 2018 to $37.7 billion in
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Seeking to expand their presence in the North American telecommunications market, network software company FirstWave Cloud Technology (ASX: FCT) has acquired Saisei Networks Inc., a prominent network automation software company headquartered in Silicon Valley. The strategic acquisition will see FirstWave acquire 100% of Saisei’s assets in a move that will advance its network management capabilities
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US shares closed flat overnight, with each of the three major indices managing to record a small gain. It was a quiet night without any major news or announcements, prices did initially trade lower but they recovered to finish slightly higher. Investors seem a bit nervous ahead of the Federal Reserve meeting on Wednesday night,
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