The XJO is expected to open lower this morning following a pullback in the U.S overnight. Their futures are flat this morning. Our market yesterday was skeptical of the U.S run, and didn’t really price in their strong move higher from the night before. Our doji yesterday was the beginning of an evening star reversal
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Quickstep Holdings (ASX: QHL) plans to sell its Quickstep Aerospace Services division located in Tullamarine, Victoria, citing ongoing financial challenges and the need to focus on core business areas. Quickstep Aerospace Services (acquired in 2021), provides maintenance, repair, and overhaul services for commercial and defence aircraft. Since its acquisition, QAS has secured several strategic partnerships
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Artificial intelligence company UNITH (ASX: UNT) has officially confirmed the launch date for interFace, its innovative self-service Digital Human platform. Slated for release on 23 September 2024, interFace is a self-service offering that enables businesses to generate and deploy digital humans on their own, that can work 24/7 and converse in multiple languages, powered by
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The XJO is expected to open higher once again with a continued move from the U.S overnight. Their futures have edged into the red. We should flirt with key resistance near 8,000 on open this morning. The strength from the U.S is quite shocking considering they have not really paused since their recent lows. Our
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After months of uncertainty having struggled with solvency and a $6 million fine from the ACCC, Australia’s largest online book retailer Booktopia (ASX: BKG) has been sold by administrators in a move that will manage the financially distressed company, but see shareholders returned nothing. The sale was finalised on Friday, 16 August by administrators from
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The XJO is expected to edge lower on open this morning following U.S markets on Friday night that managed to close slightly higher after retaking intraday losses. U.S futures are also in the green. With the U.S pausing on Friday, but managing to hold ground, our market will be inclined to do something similar today.
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