The Stock Network
The Stock Network (TSN) is your trusted source for ASX stock market news, key trends, and investment insights. Stay tuned for the latest reports, expert market analysis, and IPO updates.
ASX & US stock news headlines
What`s happening with lithium stocks and what does it have to do with $10 billion Mineral Resources (ASX:MIN) - its stock soaring to record highs this week. The Western Australian mining services company has just formed a lithium partnership with POSCO Holdings. Under the deal MinRes will form a joint venture in which POSCO acquires 30% of MinRes’ operational lithium business. MinRes says it`s a landmark deal and shows its strategy of recycling capital through global strategic partners, also strengthening its balance sheet and positioning for growth in the lithium market.
#fintok #mining #lithium #stocks #money
Why has Australia`s biggest bank Commonwealth Bank (ASX:CBA) just suffered its biggest share drop in years? The bank is valued at more than $270 billion, released its trading update for the first quarter of the new financial year and missed expectations. Despite posting a $2.6 billion quarterly cash profit CBA referenced rising competition from rivals. CEO Matt Comyn said CBA is watching the increased competitive intensity and implications across the financial system.
#fintok #shares #money #investing #stocks
Why is Uber Technologies (NYSE:UBER) trading near record highs? The global rideshare and delivery giant just reported its third-quarter earnings, with revenue and profits rising Revenue was up 20% to $13.5 billion and profits surged 154% to $6.6 billion. Thats a lot of rides and CEO Dara Khosrowshahi said Uber’s growth “kicked into high gear". Total trip volume rose 22% on the back of more rider demand, stronger engagement and expansion into new markets. Uber is looking to local commerce like grocery and retail delivery for growth and - also AI and autonomous vehicles to improve efficiencies.
#finktok #wallstreet #stocks #uber #money
Electro Optic Systems (ASX:EOS) is rapidly scaling as a global technology leader in advanced defence systems, counter-drone solutions and space domain capabilities. With major contracts secured across Australia, Europe and the United States, EOS is executing on its commercial strategy, driving revenue growth, product deployment and strong global demand for its technology.
Dr Andreas Schwer, Managing Director and Chief Executive Officer of EOS, joins The Stock Network’s Lel Smits and discusses how the company is accelerating commercial traction across defence and space, backed by a contract backlog of $415 million, world-first product deployments, and a balance sheet with $91.5 million in cash.
📡 Winning landmark contracts including a world-first High Energy Laser export order
🛰️ Expanding global partnerships and delivering on major defence programs
🌍 Building a $415 million backlog and delivering new orders across Australia, Europe and the US
Why is @mcdonalds Corp (NYSE:MCD) trading near record highs? The global fast food restaurant chain just released its third quarter earnings and investors ate it up. Global comparable sales increased 3.6% between July and September this year - US sales were up and overseas Germany and Australia were leading gains. Chairman and CEO Chris Kempczinski said Maccas is delivering sustainable growth even in a challenging environment Looking ahead McDonald`s says it will remain focused on delivering, "everyday value and affordability, menu innovation, and compelling marketing that brings customers through our doors.” McDonald`s is valued at $213 billion, in 44,000 locations and feeds 68 million people daily - are you one?
#finktok #wallstreet #stocks #food #sales
Everyone loves to talk about the next big thing that’s “about to take off.”
But the truth is, real wealth isn’t built on exciting bets. It’s built on balance.
Diversification means spreading your money so you’re not relying on one thing to win. Because nothing wins all the time.
It’s not about avoiding risk, it’s about spreading it so you can stay in the game long enough to win.
If this changed how you think about investing, hit follow. The best investors don’t chase hype, they build resilience.
Brought to you by TSN education partner Josh Lee from Link Wealth
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General advice disclaimer: This post is general in nature and doesn’t take into account your individual circumstances or goals. Everyone’s situation is different. If you want advice that’s tailored to you, please get in touch so we can talk about what’s right for you.
#investing #australia #wealthbuilding #financialplanning #diversification #moneytips
EBR Systems Inc (ASX:EBR) is building a fast-growing medical device company with the world’s only leadless pacemaker that is revolutionising heart failure treatment. The Silicon Valley-based company`s groundbreaking WiSE™ CRT System delivers wireless pacing inside the heart. This is a major leap forward from traditional pacemakers that rely on wires and leads.
Andrew Shute, Chief Corporate Development Officer at EBR Systems, joins The Stock Network’s Lel Smits and discusses how the company’s “go slow to grow fast” strategy is positioning EBR Systems to capture a share of the US$3.6 billion addressable market for cardiac resynchronisation therapy (CRT).
🫀 Solving lead-related complications in heart rhythm care
❤️ Delivering a world-first wireless pacing breakthrough
🌎 Capturing a US$3.6 billion global opportunity
📈 Driving commercial momentum through key catalysts
@carma_au Limited has listed on the ASX with a ticker code of CMA. The company is a technology-led, full-stack digital platform for buying and selling used vehicles in Australia. It operates a vertically integrated business model designed to deliver a simpler and more trusted experience for buyers and sellers, while capturing value across the full automotive retail chain.
Media: The Stock Network, @lelsmits
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Resources stocks & mining stocks
Tennant Minerals (ASX:TMS): Discovering copper and gold in the Northern Territory
Estrella Resources (ASX:ESR): Manganese & nickel exploration across Timor-Leste and WA
Challenger Gold (ASX:CEL): Pushing ahead path to high-grade gold production in Argentina & Ecuador
Neometals (ASX:NMT): Gold exploration drilling commences at Barrambie Ranges gold trend
Impact Minerals (ASX:IPT): Accelerating Alluminous HiPurA® technology towards commercialisation
Kincora Copper (ASX:KCC, TSXV:KCC): Advancing copper-gold province with AngloGold Ashanti (NYSE:AU)
Kincora Copper (ASX & TSXV:KCC): Accelerating copper and gold exploration in New South Wales
Nimy Resources (ASX:NIM): Ramping up high-grade gallium exploration and M2i Global, Inc. (MTWO) deal
ASX 200
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| DRO | 2.25 | -31.4% |
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Venari Minerals NL (ASX:VMS): Fast-tracking lithium & gold-silver discoveries in Nevada