The XJO is expected to open higher following a recovery in the U.S on Friday. Their futures are flat. For a moment there it looked like the U.S was going to break lower with its strong pullback last Thursday. However, during their Friday session they were able to retake much of the previous session’s losses
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PYC Therapeutics (ASX: PYC), a clinical-stage biotechnology company, has achieved a significant milestone with the U.S. Food and Drug Administration (FDA) granting Orphan Drug Designation (ODD) to its investigational drug candidate, PYC-001. This precision therapy is designed to treat Autosomal Dominant Optic Atrophy (ADOA), a rare and progressive blinding eye disease. This designation is expected
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The Australian Federal Government recently handed down the 2024-25 Australian Federal Budget – it was all about a bigger government role and fiscal policy support. The government handed down a second consecutive surplus thanks largely to higher commodity prices and ongoing strength in the labour market. Below we discuss key components of the budget. Big
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The XJO is set to tumble again today following a pullback in the U.S overnight. Their futures are flat. Our market should retreat back to the comfort of the 50 day MA on open this morning, which comes in at roughly 7,740. We may selldown further to 7,700 support if things get worse come open,
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Winter is coming, and a Game of Thrones-themed game by video game developer PlaySide Studios (ASX: PLY) is being developed with it. The Company has teamed up with Warner Bros. Interactive Entertainment and HBO to develop a multiplayer strategy game based on the Emmy Award- and Golden Globe-winning Game of Thrones series. This new premium
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After grappling with significant losses, transportation technology services company EROAD (ASX: ERD) appears to be bouncing back. It has revealed its FY24 results, ending March 2024, as it enters FY25 with high hopes. EROAD achieved a notable improvement in free cash flow, turning positive at $1.3 million, a significant rebound from the negative $29.9 million
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