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  • XJO to rise despite slight US pullback

    The XJO is expected to open higher this morning despite a pullback in the U.S last night. Our market is being remarkably resilient. The past couple of sessions have seen our index retake intraday lows to finish flat or slightly in the red. This morning, we are set to bounce higher, with an expected open

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  • Seafarms gains momentum with prawn exports to Europe, but struggles persist

    Aquaculture company Seafarms Group (ASX: SFG) is gaining traction in its prawn export business, particularly in Europe, but the overall performance of the Company continues to struggle as it battles financial issues following an adverse Federal Court ruling in February 2024.  In it’s FY24 results for the year ended 30 June 2024, the Company reported

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  • BlueBet concedes there is no profitable path to the US, exits amid costly regulatory challenges

    Fresh off their merger with betr, which will see a combined business rebrand shortly, wagering operator BlueBet (ASX: BBT) has confirmed its decision to concede it’s international expansion ambitions by exiting the US market and concentrating solely on Australia.  The move mirrors a trend seen among smaller Australian betting firms like PointsBet (ASX: PBH), which

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  • BTC Health drives earnings with product diversification to all major hospital operators

    It turns out that the departure of a significant partner can be a blessing in disguise, as demonstrated by medical distribution company BTC Health (ASX: BTC), which has delivered revenue and earnings growth through a series of measures implemented through FY24 to reduce their reliance on their previously biggest supplier.  In April 2023, BTC confirmed

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  • US markets close lower ahead of NVIDIA report, which disappoints

    The XJO is expected to open lower this morning following a pullback in the U.S overnight. Their futures are flat. Yesterday some secondary CPI data came out slightly higher than expected. In response our market dipped, however we managed to retake all our intraday losses to finish flat. The stronger than expected CPI would mean

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  • Interest in captioning tech sees jump in earnings for AI-Media

    In a world increasingly dependent on digital communication, AI-Media Technologies (ASX: AIM) is striving to enhance the way we interact with content. With a focus on AI-powered solutions that transform the landscape of captioning, transcription, and translation, AI-Media has demonstrated growth in its key financial metrics for the year ending June 30,2024.  AIM’s total revenue

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