Articles On Novonix (ASX:NVX)

Materials shares led the S&P/ASX 200 Index (ASX: XJO) on Thursday, driving it to its highest point in nearly seven weeks. The index was up 0.97% to 6,889.70 at the market’s close. The S&P/ASX 200 Materials Index (ASX: XMJ) jumpe...

The ASX 200 closes 1% higher on Thursday 9 out of 11 ASX sectors rise today Treasurer Jim Chalmers says inflation will peak at 7.75% Aussie blue chips were up 1% on Thursday after the buy-everything rally on Wall Street overnight sparked...

ShareCafeLunch Report: 28 July, 2022 by Paul Sanger   The ASX opened strongly on Wednesday, taking its lead from positive moves in the US overnight, before pulling back as US futures traded lower after market on mixed earnings results. The...

The Novonix Ltd (ASX: NVX) share price is surging ahead today. The battery technology company’s share price is rising more than 8% to $2.63. However, in earlier trade, the company’s share price lifted 13% before pulling back. For perspect...

The Block Inc (ASX: SQ2) share price is charging higher in morning trade. Shares in the global payment services provider closed yesterday at $99.50 and are currently trading for $103.75, up 4.3%. So, why are ASX investors snapping up Block...

The share market climbed to a fresh six-week high on hopes inflation may have peaked. The S&P/ASX 200 rose 16 points or 0.23 per cent as bond traders downgraded the likely top of this year’s interest rate cycle. The high-street ba...

Lithium battery tech stock Novonix [ASX:NVX] recorded $43.8 million in operating cash outflows for the year ending June 2022 on cash receipts of $9 million. The post Novonix [ASX:NVX] Shares Dip As Cash Burn Mounts appeared first on Money M...

Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week. Three ASX shares brokers have named as buys this week are listed below. Here’s w...

The S&P/ASX 200 Index (ASX: XJO) is having a subdued day on Wednesday. In afternoon trade, the benchmark index is down slightly to 6,805.2 points. Four ASX shares that are falling more than most today are listed below. Here’s why th...

Aussie stocks pared losses after headline inflation increased less than expected, soothing fears of a jumbo rate rise next week. The S&P/ASX 200 slashed a pre-announcement fall of 28 points to three points or 0.05 per cent by mid-ses...

The Nitro Software Ltd (ASX: NTO) share price has tumbled deep into the red again on Wednesday. In afternoon trade, the document productivity software company’s shares down a further 7% to $1.17. This means the Nitro share price is now d...

ASX 200 tech shares are slightly in the red today, however, not all technology stocks are falling. Despite the NASDAQ dropping in the US on Tuesday, it is picking up in after-hours trade. This follows strong earnings results from Microsoft...

It’s a mixed day in the markets today, but you won’t hear investors in this ASX mining share complaining. In late morning trade the Cobre Ltd (ASX: CBE) share price is up 96%, having earlier posted gains of more than 106%. So, why are...

Novonix (NVX) finishes the June quarter with a cash balance of over $207 million, giving it 26.4 quarters of available funding at its current rate of cash burn Over the quarter, the batteries and metal tech company spent just under $8 mill...

The Novonix Ltd (ASX: NVX) share price is in the red this morning following the release of the company’s report for the quarter ended 30 June. After sinking 4.45% shortly after the opening bell, the tech stock is now trading at $2.39, down...

Highlights The Australian share market opened flat on Wednesday, with the ASX 200 index falling 4.40 points 6,802.90 at the open. The International Monetary Fund (IMF) has downgraded the outlook for global economy, slashing the g...

Highlights The Australian share market opened flat on Wednesday, with the ASX 200 index falling 4.40 points 6,802.90 at the open. The International Monetary Fund (IMF) has downgraded the outlook for global economy, slashing the g...

A losing end to a positive week on Wall Street points to mild early pressure on Australian shares after soft earnings from Snap weighed on US tech. ASX futures eased 12 points or 0.18 per cent. A rebound in key commodities limited the...

The share market logged its best week since March as a six-week high on Wall Street bolstered confidence this year’s market rout may be easing.   The S&P/ASX 200 eased three points or 0.04 per cent today, falling narrowly short of a...

ShareCafeLunch Report: 22 July, 2022 by Paul Sanger   The S&P/ASX 200 traded flat by midday in Sydney after spending much of the morning in negative territory. The benchmark erased early losses after opening 0.5 per cent lower and brief...

Australian shares gained momentum late morning, rising for a third session despite weak earnings from social media giant Snap weighing on US futures. The S&P/ASX 200 overcame early weakness to reach the halfway mark 16 points or 0.24...

Highlights Australia had 30 electric car models as of April 2022. EV companies like Magnis Energy Technology’s shares were trading in green today. The primary electric vehicle metals include lithium, cobalt, nickel, rare earth meta...

S&P/ASX 200 Index (ASX: XJO) shares had a wobbly start to today’s session before steadying in the green this afternoon. The index closed 0.52% higher at 6,794.30 points. The S&P/ASX 200 Information Technology Index (ASX: XIJ) led...

ASX closes 0.30% higher after being in the red Lithium stocks rise on Tesla guidance Woodside down despite bumper revenue After trading in red for most of the day, the ASX 200 finished Thursday 0.40 higher at 6,784. Energy stocks dragged...

A late rally lifted the Australian share market to its strongest close in five weeks as strength in bank and tech stocks outweighed pressure on iron ore miners after China established a steelmakers’ purchasing cartel. The S&P/ASX 200...

S&P/ASX 200 Index (ASX: XJO) tech shares are doing their fair share of the heavy lifting today. While the ASX 200 has just dipped back into the red, down 0.03%, the S&P/ASX All Technology Index (ASX: XTX) – which contains some s...

It is shaping up to be a relatively solid day for ASX lithium shares on Thursday. At the time of writing, the majority of companies on the ASX associated with the all-important battery commodity are in the green. However, as Tesla Inc (NAS...

The share market hovered near a three-week high as declines in resource stocks outweighed gains in growth sectors. The S&P/ASX 200 eased five points or 0.07 per cent by lunchtime. The Australian benchmark struggled for direction afte...

The Domino’s Pizza Enterprises Ltd (ASX: DMP) share price is 3% higher in morning trading today. It’s currently fetching $74.85 per share and is up 17.2% over the past month. The increasingly global fast food business has been growing in...

ASX was up by more than 1.65% Tech and Miners led the rally RBA governor Phil Lowe “would have done things differently in hindsight” The ASX surged by 1.65% on Wednesday in a tech and mining driven rally. It’s been the best day for the AS...

Hooray! The S&P/ASX 200 Index (ASX: XJO) has shaken off the insecurity it showed earlier in the week and is now healthily rising. At the time of writing, the ASX 200 has put on a pleasing 1.54% and is now up around 6,752 points.  But...

Telstra Corporation Ltd (ASX: TLS) shares have been a staple of the ASX dividend investors‘ portfolio for decades now. This blue chip telco of the S&P/ASX 200 Index (ASX: XJO) has a long history of paying out large and fully franked di...

The Magellan Financial Group Ltd (ASX: MFG) share price has spiked 8.69% to $13.63 per share in lunchtime trading on Wednesday. While there has been no news released by the company today, many investors may still be digesting Magellan’...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a very strong gain. The benchmark index is currently up 1.75% to 6,765.5 points. Here’s what is happening on the ASX 200 today: Megaport shares jump The...

The Novonix Ltd (ASX: NVX) share price is taking off on Wednesday despite the company’s silence. The battery technology and materials stock is joined in the green by many of its S&P/ASX 200 Index (ASX: XJO) tech peers. At the time of...

ASX investors don’t need to be told twice that the market is going through turmoil in 2022. The S&P/ASX 200 Index (ASX: XJO) has sunk more than 12% year-to-date, but many portfolios are in the red far worse than that because the mining...

While the S&P/ASX 200 Index (ASX: XJO) isn’t technically in a bear market yet, for most sectors we are well and truly in one. This is because mining and energy have carried the index upwards, so for many investors, their paper losses w...

Beaten-down battery technology company Novonix Ltd (ASX: NVX) extended its losses on Tuesday, closing 0.46% lower at $2.16 apiece. This brings the company’s losses to more than 76% year to date, well ahead of sector indices and benchmark...

Superannuation is one of the main ways that Australians save for retirement. Employees receive superannuation guarantee contributions. Employers are now meant to contribute 10.5% of wages to an employee’s superannuation fund. Employees c...

Highlights: The S&P/ASX200 closed significantly strong on Monday, gaining 81.50 points or 1.23%. 8 out of the 11 major sectors ended on robust note. Information Technology was the best performing sector, gaining 2.41%, followed by...

ASX was down 0.80% today, -1.20% for the week China GDP comes in much weaker than expected Iron ore stocks dumped Local shares closed the week on a downer, falling by 0.80%. For the full week, the ASX 200 was down by 1.20%. Mining stocks...

The EML Payments Ltd (ASX: EML) share price recovered some lost ground today. This comes after the company’s former managing director and CEO posted a message on his LinkedIn profile regarding his departure from the company. At Thurs...

It’s been a positive day for ASX shares on Thursday. At the close of trading, the S&P/ASX 200 Index (ASX: XJO) was up a healthy 0.44% to more than 6,650 points. But speaking of points, it’s been an even better day for the Pointsbet Hol...

It was a pretty tough year for ASX 200 shares over FY2022, with the S&P/ASX 200 Index (ASX: XJO) falling by 10.19%. So it might come as something of a surprise to learn that Novonix Ltd (ASX: NVX) shares outperformed the index by quite...

Financial year 2022 (FY22) was a rough one for ASX financial technology (better known as fintech) shares. Many of the market’s favourites recorded notable tumbles last financial year. Here’s how some of the most renowned ASX fintech shares...

ASX fintech shares may be on course for a solid FY23, according to some experts. 2022 has been a rough year for some of the biggest players in the financial technology space. For example, since the start of the year the Netwealth Group Ltd...

The ASX closes flat Lithium, e-commerce stocks lose ground Bitcoin back below US$20k Local shares closed flat on Tuesday as gains in seven sectors were offset by losses in four sectors. At the close, the ASX 200 was down by 0.20% to 6,610...

The Costa Group Holdings Ltd (ASX: CGC) share price is continuing its steep descent after plunging 8% yesterday. At the time of writing, the horticulture company’s shares are down 2.64% to $2.58 apiece. What happened to Costa shares? Fol...

On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week on a very disappointing note. The benchmark index fell 1.15% to 6,602.2 points. Will the market be able to bounce back from this on Tuesday? Here are five things to watch:...

Highlights: ASX200 gets a lifeless start to new weak, closes 1.14% lower on Monday. Top losing sectors were Materials and Information Technology followed by Consumer Discretionary while, Healthcare was the only one gaining towards the...