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  • Despite construction industry challenges, Duratec delivers earnings growth

    The Australian construction market has seen a range of challenges from raw material costs rises, but also opportunities from a need for better infrastructure to service population growth. Despite the dynamic environment in the Australian construction market, the demand for high-quality engineering and remediation services has driven Duratec’s (ASX: DUR) revenue and earnings growth for

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  • Tabcorp faces profit erosion amid declining horse racing wagering as focus shifts to sports betting

    In his first results presentation since taking the helm of wagering operator Tabcorp (ASX: TAH), former AFL boss Gillon McLaughlan has not shied away from the Company’s overreliance on horse racing which is a sport in turmoil as wagering numbers have plummeted, prompting McLaughlan to drive a greater push for Tabcorp towards general sports.  For

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  • Investors take pause ahead of key NVIDIA report

    The XJO is expected to open lower this morning. The U.S closed slightly higher overnight, retracing from their intraday lows as they continue to consolidate sideward. Whilst the U.S has tracked sideward over the past few sessions however, our market has maintained its strength, pushing towards our all-time highs. This morning’s pullback is likely to

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  • AI-powered road safety solutions pave the way for Acusensus revenue bump

    Despite economic uncertainties, the demand for road safety solutions continues to grow, contributing to Acusensus’s (ASX: ACE) revenue and earnings for FY24 Founded in 2018, Acusensus designs and develops artificial intelligence-enabled road safety solutions. The Company’s financial performance highlights its focus on strategic initiatives, with an 18% annual increase in revenue to $49.6 million. The

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  • Archer begins new experiments for its lab-on-a-chip for kidney disease detection

    According to the Australian Institute of Health and Welfare, there are more than 1.7 million Australians that live with the biomedical signs of chronic kidney disease. While not all will deteriorate to kidney failure, it leads to the 22,000 deaths annually which could be reduced from earlier detection and better management, an initiative launched by

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  • US shares stall with prices around highs

    The XJO is expected to open flat this morning following a small pullback in the U.S overnight. U.S and major Asian futures are also in the red, so by market open we could also follow suit. We finished firmly in the green yesterday in the face of a flat U.S close on Friday and even

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