Articles On Novonix (ASX:NVX)

The ASX fell on Wednesday on concerns of fresh regional tensions Tech leads the bourse, while other sectors fall Aussie retail sales better than expected   Aussie shares fell 0.40% on Wednesday, with all 11 sectors but Tech trading in neg...

The S&P/ASX 200 Index (ASX: XJO) broke a six-session-long winning streak on Wednesday, closing in the red for the first time since last Monday. The index was 0.32% lower at 6,975.90 points as of today’s close. Consumer shares were to...

July brought an about-face for the Novonix Ltd (ASX: NVX) share price, which had previously suffered five back-to-back monthly losses. After closing June trading at $2.28, the Novonix share price finished last month at $2.83, representing...

There are plenty of ASX shares that have seen their prices plummet this year.  So it’s an excellent time for buying up some bargains.  But investors do need to be selective. They need to think about whether a particular stock is cheap for...

The ASX pares losses after the RBA announcement The RBA hikes by another 50bp, taking the cash rate to 1.85% 8 out of 11 sectors rose   The ASX 200 rebounded on Tuesday following the handing down of a 50bp rate hike by the RBA this aftern...

The Novonix Ltd (ASX: NVX) share price is dragging on the tech sector on Tuesday despite the company’s silence. At the time of writing, the Novonix share price is $2.455, 4.47% lower than its previous close. That makes it the S&P/ASX...

Are you a fan of investing at the small side of the market? If you are, then you may want to take a look at the small cap ASX shares listed below that have been tipped as buys by analysts at Goldman Sachs. Here’s why the broker is bullis...

  ASX makes a warm-ish 0.7% start to the month US shares help fuel the rise after Wall Street’s best month since November 2020 10 from 12 Aussie sectors in the green with battery metals driving Large Cap wins     The ASX 200 is on track t...

First Sentier’s Tim Canham reckons the commodities boom ain’t over yet. He’s particularly bullish on ASX gold share Genesis Minerals Ltd (ASX: GMD) and mineral sands miner Iluka Resources Limited (ASX: ILU). Canham is a senior portfolio...

The ASX is up another 1% today, and 6% for the month Tech, Utilities and Real Estate lead The RBA announces its rates decision next Tuesday   The ASX 200 was up another 1% on Friday, taking the benchmark 2% higher for the week following t...

S&P/ASX 200 Index (ASX: XJO) mining shares have struggled recently, and Iluka Resources Limited (ASX: ILU) hasn’t dodged its sector’s carnage. The mineral sands producer’s stock is currently trading at $9.59. That’s 25% lower t...

Investors that are wanting to diversify their portfolio with some exposure to the mining sector might want to check out the two ASX shares listed below. Both have been tipped as top options for investors in the sector with significant upsi...

ShareCafeEvening Report: 28 July, 2022 by Paul Sanger   The Australian stock market closed significantly higher on Thursday, extending the gains of the previous two sessions, following broadly positive cues from global markets overnight, as...

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...