Articles On ZipTel (ASX:ZIP)

ASX BNPL shares had a shocker run last financial year with the sector incurring heavy losses. That downward momentum has continued in FY23, with the BNPL segment continuing to face multiple headwinds. The latest news to shake the sector...

The ASX 200 closed slightly up today The RBNZ lift rates by 50bp to 2.5% Ahead tonight, the all important US CPI Local blue chips whipsawed between minor gains and losses today, finally settling to a +0.2% close. Investors were mostly sit...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up slightly to 6,612 points. Four ASX shares that have failed to follow the market higher today...

It’s going from bad to worse for the Sezzle Inc (ASX: SZL) share price this Wednesday. Sezzle shares have collapsed by another 15.7% so far this Wednesday and are now trading at 22 cents a share. That’s despite the All Ordinaries Index (AS...

ShareCafeLunch Report: 13 July, 2022 by Melissa Darmawan   Australian stocks have lacked conviction today, shuffling above and below the flat line as investors weigh up the prospect of an aggressive rate hiking path to combat multi-year hig...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. The benchmark index is currently down 0.15% to 6,595.5 points. Here’s what is happening on the ASX 200 today: Energy shares tumble The en...

ShareCafeEvening Report: 12 July, 2022 by Melissa Darmawan   The rally was short-lived on the Australian sharemarket as investors eyed the start of the local earnings season while business and consumer sentiment results painted a grim pictu...

Highlights: ASX200 closes Tuesday’s trade slightly higher, pushed by healthcare and consumer staple stocks. Zip and Sezzle merger termination remained the highlight of today’s (12 July) trade on ASX. Global recession fears and inflati...

The ASX 200 ends flat, XEC sheds 1.6% Gains in healthcare and supermarkets offsets losses for miners, materials, tech and gold ANZ: Consumer confidence is broke; is Belararox IPO of ’22?  The benchmark has given up wee gains to end flat....

BNPL stocks Zip Co [ASX:Z1P] and Sezzle [ASX:SZL] have terminated their proposed merger announced earlier this year. The post Zip and Sezzle Call off BNPL Merger [ASX:ZIP] appeared first on Money Morning Australia.

It’s been a bumpy ride for ASX shares and the S&P/ASX 200 Index (ASX: XJO) so far this Tuesday. At the time of writing, the ASX 200 has gained 0.17% at just over 6,610 points after initially surging to almost 6,650 points this morning....

The Zip Co Ltd (ASX: ZIP) share price is up 7% in early afternoon trading to 53 cents per share. Investors are bidding up the ASX buy now, pay later (BNPL) company following the report its merger with Sezzle Inc (ASX: SZL) will not proceed...

The S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory. In afternoon trade, the benchmark index is up a modest 0.15% to 6,612.9 points. Four ASX shares that have failed to follow the market higher today are li...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up 0.2% to 6,617.6 points. Four ASX shares that are climbing more than most today are listed bel...

ShareCafeLunch Report: 12 July, 2022 by Melissa Darmawan   Healthcare stocks are lifting the Australian sharemarket, overshadowing the weakness in the materials and information technology sectors. Investors have eyed the start of earnings s...

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory. The benchmark index is currently up 0.3% to 6,620.5 points. Here’s what is happening on the ASX 200 on Tuesday: Zip cancels merger...

Zip Co (ZIP) and Sezzle (SZL) mutually agree to scrap their proposed $491 million merger The parties say they made the call to terminate the deal in light of current macroeconomic and market conditions, according to Zip As part of the term...

The Zip Co Ltd (ASX: ZIP) share price is soaring today amid the termination of a merger with Sezzle. Zip shares are currently trading at 55.25 cents, a nearly 11% gain. Meanwhile, Sezzle Inc (ASX: SZL) shares are plunging more than 33% a...

The Sezzle Inc (ASX: SZL) share price is tumbling this morning as what was once a $491 million merger deal is binned. Sezzle and its former suitor, buy now, pay later (BNPL) giant Zip Co Ltd (ASX: ZIP), have abandoned their plan to join fo...

The Zip Co Ltd (ASX: ZIP) share price is up 10% after the buy now, pay later business announced that the merger with Sezzle Inc (ASX: SZL) was abandoned. Sezzle is a US-focused BNPL business, while Zip has a growing global presence in areas...

The proposed merger of buy-now pay-later (BNPL) firms Zip Co (ASX: ZIP) and Sezzle (ASX: SZL) has been terminated, with the two blaming market conditions for the deal’s demise. Announced today, the BNPL competitors have mutually agreed to...

The Zip Co Ltd (ASX: ZIP) share price is heading south during mid-afternoon trade on Monday. At the time of writing, the buy now, pay later (BNPL) company’s shares are down 5.66% to 50 cents a share. For context, the S&P/ASX 200 Fin...

The Zip Co Ltd (ASX: ZIP) share price is suffering another blow this morning alongside many of the company’s tech and buy now, pay later (BNPL) peers. The trouble follows a poor Friday session for many of Zip’s international BNPL peers and...

Flight Centre continues to be the most shorted stock on the ASX at the start of FY23 Growth and rate sensitive stocks including healthcare and fintech on short sellers’ lists Resources, e-commerce and consumer discretionary stocks also tar...

ASX buy now, pay later (BNPL) shares were hit hard over the course of financial year 2022 (FY22), with some tumbling as much as 97%. Here’s how the market’s favourite BNPL stocks performed last financial year: Zip Co Ltd (ASX: ZIP) â...

Embattled buy-now-pay-later group Zip Co (ASX: ZIP) is closing its money management app Pocketbook in the face of ‘significant changes’ to the company’s operating environment. However, the fintech says it is hoping to introduce a similar p...

The ASX 200 closed higher and small caps lower as investors sought for bargains amid the Wednesday resources wreck. Overnight in New York, the Dow Jones closed 0.2% ahead as the US jobs market continued to display especial vigour. The S&amp...

The All Ordinaries index was well and truly out of form during the last financial year. During the 12 months, the index lost approximately 11% of its value. Among the many movers and shakers two ASX shares stand out for very different rea...

The S&P/ASX 200 Index (ASX: XJO) has had a bouncy, yet positive, day of trading so far during this Thursday’s session. At the time of writing, the ASX 200 has risen a healthy 0.42% to just over 6,620 points after nearly dropping back i...

The S&P/ASX 200 Index (ASX: XJO) is back on form on Thursday and pushing higher. In afternoon trade, the benchmark index is up 0.4% to 6,619.4 points. Four ASX shares that have failed to follow the market higher today are listed below...

ShareCafeLunch Report: 7 July, 2022 by Melissa Darmawan   Australian stocks have rebounded, helped by Chalice Mining’s latest discovery, which has helped to lift the material sector. Gains in consumer staples and discretionary stocks have o...

The Zip Co Ltd (ASX: ZIP) share price is cratering in morning trade on Thursday and now sits 7% lower at 53.5 cents. Investors have pushed Zip lower today on no news. However, noteworthy is a bearish research note out of UBS today, highl...

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. The benchmark index is currently up 0.3% to 6,615.7 points. Here’s what is happening on the ASX 200 today: Bendigo and Adelaide Bank’s ac...

An ASX tech shares rebound – possibly a dead-cat bounce – tried to drive the Australian market higher on Wednesday, but the concerns on commodity prices more than outweighed this. By the close of ASX trading, the benchmark S&P/ASX 200 (...

ShareCafeEvening Report: 6 July, 2022 by Lauren Evans   Australian shares spent the afternoon in the red as commodity prices plunged on recession fears. The energy sector tumbled 5.8 per cent, with materials down 5 per cent. Real estate was...

Small Caps, ASX 200 slide on commodities sell off Energy, resources, materials all down circa 5% off setting gains for IT et al BNPL names are back in the green   This is difficult, maudlin trade to watch. Two speed investing at its fines...

The ASX fell by 0.34% today Energy and Mining sectors fell by 5% each as recession fears bite A flood of economic data to be released in the US this week   Recession fears continue to dictate markets as major bourses in Asia, including th...

The Nanosonics Ltd (ASX: NAN) share price is having a very strong day on Wednesday. In afternoon trade, the infection prevention company’s shares are up over 10% to $3.96. What’s going on with the Nanosonics share price? Investors have...

ShareCafeLunch Report: 6 July, 2022 by Melissa Darmawan   The Australian sharemarket has been choppy this morning, trading as low as 0.5 per cent before rebounding to a gain of 0.2 per cent to then fall again. Information technology shares...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) has been fighting hard to stay in positive territory but is falling short. The benchmark index is currently down 0.25% to 6,612.4 points. Here’s what is happening on the ASX 2...

The Zip Co Ltd (ASX: ZIP) share price is back on the horse on Wednesday. Its recovery comes as the S&P/ASX 200 Information Technology Index (ASX: XIJ) leads the market, gaining 3.57%. At the time of writing, the Zip share price is 60.5...

Highlights The ASX 200 opened lower on Wednesday, down 22.70 points or 0.34% to 6,606.60. The benchmark fell30 points or 0.55% to 6,593, in the first 10 minutes of trade.  On Tuesday, the benchmark ASX 200 index climbed 0.25...

The Zip Co Ltd (ASX: ZIP) share price took off early on Monday before settling to trade just above its previous close. Its volatile movement follows a strong session on Wall Street and precedes an interest rate decision from the Reserve Ba...

Last month was a rough one for S&P/ASX 200 Index (ASX: XJO) tech giant Block Inc (ASX: SQ2). While there was no direct news to explain the payment services provider’s share price plunge, the broader tech sector also tumbled in June....

The Zip Co Ltd (ASX: ZIP) share price was the worst performer on the ASX 200 index during the 2022 financial year. Over the 12 months, the buy now pay later (BNPL) provider’s shares dropped from $7.57 all the way down to just 45 cents....

On Friday, the Australian share market and S&P/ASX 200 (INDEXASX: XJO) started the session on a positive note, moving as much as 1 per cent higher on the first day of the new financial year but ultimately sank to a 0.4 per cent loss. To...

As most ASX investors would be aware, the month just gone was not an especially pleasing one for ASX investors or the S&P/ASX 200 Index (ASX: XJO). June saw the ASX 200 lose almost 9% of its value. But what of the Xero Limited (ASX: XR...

It wasn’t a great month for ASX 200 shares or the S&P/ASX 200 Index (ASX: XJO) last month. June saw the ASX 200 lose a painful 8.9% of its value. But it was a lot bleaker for ASX 200 tech shares. As is often the case, June saw ASX tech...

Highlights The ASX 200 finished June down 8.9% at 6,568.1 points. The benchmark index fell due to rate hikes, geopolitical tensions, recession concerns and surging inflation. Investors would now hope for July to rebound sign...

Highlights In Q12022, Firefinch’s gold production met the set guidance of 10,874 ounces of gold. In the March 2022 quarter, Zip Co reported a 39% year-on-year (YoY) increment in group quarterly revenue The ASX All Ordinaries index, wh...