AuKing Mining (ASX:AKN) has reported broad, high-grade rare earth element (REE) mineralisation from the maiden RC drilling program at the company’s Tundulu REE Project in southern Malawi, Africa. These outcomes, which came out of the first three holes of this drill campaign, exceeded historical drilling results.

🪨 Wide TREO intersections: 26NH005 returned 91m at 1.51% Total Rare Earth Oxide (TREO) from 40m, including 15m at 3.40% TREO from 90m. 26NH029 delivered 80m at 1.54% TREO from surface, including 11m at 4.33% TREO from 2m, while 26NH004 returned 20m at 2.06% TREO from 113m.
🔬 Strong heavy rare earth enrichment: The results also show unusually high HREE+Y proportions. AuKing says this distinctive signature differentiates Tundulu from conventional carbonatite-hosted deposits.
📈 Resource work begins: Based on the initial results, AuKing is taking formal steps towards an initial Mineral Resource Estimate for Tundulu. Diamond holes extending to depths of up to 510m have also intersected extensive carbonatite lithology, with samples being prepared for assay and further results expected over coming weeks.

“These results not only validate (and surpass) historical drilling results but identify the potential for a much larger mineralised footprint at Tundulu than was originally considered.” – Paul Williams, AuKing Mining Managing Director

What do you do if a cancer scan is lying? Aussie biotech Telix (ASX:TLX) just got FDA approval to answer that question with its drug, Pixclara. Here`s the problem it solves - after treatment, a scan can show something that looks exactly like a tumour but isn`t. Pixclara is injected, glioma cells take it up, and they light up on a different scan.

Glioma is the most common form of malignant brain tumour. Around 24,000 Americans are diagnosed with it every year. If you`ve ever waited on a scan result, you know what that uncertainty costs. In biotech, the cure gets the headlines. But the test gets to market first.

#ASX #biotech #health #money #stocks

he US military cares about this ASX stock 🚢

Why are US and Korean firms fighting over an Aussie company’s shipyard? Austal (ASX: ASB) just announced it has received a non-binding offer from Wildcat Infrastructure for its US arm. The bid values the business at up to US $1.35 billion USD. That tops last month’s bid from Korea’s Hanwha, which valued it at up to US $1.2 billion. So why the interest?

Austal’s USA business builds for the US Navy and Coast Guard, including modules for American nuclear submarines. You can`t just start a shipyard like that. Austal USA spent 25 years getting the clearances and contracts. So the value isn`t last year`s profit; it`s the access. And that gap in value is what drives a takeover war.

#war #stocks #US #trump #fintok

Why is Nike’s stock dropping? 👟

What happens when the biggest sneaker brand on earth decides it doesn`t need shops? In 2020, Nike (NYSE: NKE) went direct. It cut wholesale partners loose to sell through its own channels, where the margins are better. But the shelves it walked away from didn`t stay empty. Other brands moved in, and Nike kept re-releasing old models instead of making new ones.

It hasn’t gone well for Nike since then. The stock is down almost 80% since 2021, and later this month the company is leaving the S&P 100 after nearly 18 years. If you want proof, walk into a sneaker shop here and look at the wall. Five years ago, it was mostly Nike swooshes. Count them now. No matter how good your app is. If you`re not on the shelf, you`re not in the conversation.

#fintok #money #stocks #nike #shopping

Chariot Resources (ASX:CC9) has commenced a 15-day geological mapping program at Iganna in Nigeria, funded and operated by ZhongNuo. The results will help determine which of Iganna, Fonlo or Saki is selected for the proposed minimum 1,500-metre diamond drilling program. Chariot Executive Chair and Managing Director Shanthar Pathmanathan joins The Stock Network’s Lel Smits to discuss the mapping program, selecting the drilling targets and key milestones ahead.

🇳🇬 Iganna mapping program in Nigeria
🪓 Selecting the drilling target
🚀 Key milestones

Would you take the minimum wage to run a company you built? Ruslan Kogan just proposed cutting his own salary from about $848,000 to roughly $50,000. The legal minimum, snd he says he`ll donate it. Everything rides on one target. If Kogan.com (ASX:KGN) doubles shareholder returns over five years, he gets shares worth about $50 million dollars. If it doesn`t, he gets nothing.

The bar starts above where shares are trading now, so he`s already behind before the clock starts. Here’s the part people are missing - he already owns nearly 18 per cent of the company, so his salary isn’t where the big money is. When a founder cuts their pay, look at what they own. That`s the real bet, and it was already on the table.

#fintok #millions #money #investing #entrepreneurs

FirstWave Cloud Technology (ASX:FCT) has filed a provisional patent for an AI-driven network monitoring and fault diagnosis system, advancing technology designed to automate fault investigation and move towards self-healing networks. The company’s share price rose 30%+ following the announcement.

🤖 AI-powered fault diagnosis: The system covered by the provisional patent uses multi-agent AI and large language models to analyse network context, investigate faults and provide automated, explainable root-cause diagnoses. Engineers can interact with the AI through a conversational interface and approve proposed fixes.
📈 Network monitoring growth: FirstWave says network monitoring revenue grew 34% to $6.9 million in FY26. The patented technology is being prepared for commercial launch as new features or a standalone module.
⚙️ Path towards self-healing: The technology uses device history and telemetry collected through FirstWave’s NMIS platform. Approved fixes are captured as operational knowledge, supporting networks that could detect, diagnose and potentially resolve faults with less human intervention.

“Network monitoring is our largest and fastest-growing revenue line and this patent is a deliberate decision to put AI at the centre of it.” – Danny Maher, FirstWave Cloud Technology CEO

Are leggings going out of fashion? Lululemon (NASDAQ: LULU) just told investors its legging sales fell about 20 per cent. That`s the product the whole company is built on. So what are people buying instead? Here`s how the interim boss put it, customers are looking for "away-from-body" silhouettes. In other words, baggy fits are in.

And there was worse news for the company. Lululemon said it expects next quarter’s profit to be much lower than analysts` forecasts. Lululemon`s shares fell about 18 per cent on the result, and they are already down more than 50 per cent this year. When you dominate a category, you own it right up until taste moves. Live by the legging, die by the legging.

#clothes #shop #fitness #stocks #money