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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

Strategic Elements (ASX:SOR) is advancing development of a portable Moisture Energy Dock, designed to capture electricity generated by its proprietary Energy Ink™ technology from moisture and transfer it into a standard removable lithium-ion battery without any external power source.

💧 Moisture-powered charging: The Company is developing a pocket-sized device that aims to charge a standard removable lithium-ion battery using Energy Ink™ powered solely by moisture, with no mains electricity or external power supply.
📱 Real-world proof point: If testing is successful, the charged battery will be installed into a commercially available Nokia feature phone to determine whether it can power a one-minute voice call.
⚡ Modular platform: The Moisture Energy Dock features a modular design, allowing different Energy Ink™ cell packs and battery formats to be tested while supporting future applications across wearable devices, industrial settings and other moisture-rich environments.

"This is exactly the kind of ambitious, breakthrough Australian technology our Pooled Development Fund structure exists to back - patient capital for opportunities that take time to mature but can deliver significant upside." – Charles Murphy, Managing Director
Sovereign AI is AI that lives in a local data centre, so the data stays onshore, under local law and an Aussie company called SCX.ai Holdings (ASX:SCX) that does this is about to list on the ASX.

SCX is not trying to build the next Claude or ChatGPT, rather it's selling a secure, local place for Australian organisations to run AI. Groups like government departments, banks, and hospitals that can't have their data sitting on a server overseas.

#AI #ASX #AI #Australia #tech
SCX.ai Holdings (ASX:SCX) is seeking to become one of the ASX's newest pure-play artificial intelligence companies through a proposed $40 million IPO, positioning itself as Australia's sovereign AI infrastructure and services platform. SCX.ai CEO David Keane, founder of ASX success story Bigtincan (ASX:BTH), joins The Stock Network's Lel Smits to discuss the company's proposed ASX listing, Australia's sovereign AI opportunity, enterprise demand for locally hosted AI, and how SCX.ai plans to build a leading domestic AI platform.

🇦🇺 Australia's sovereign AI opportunity
🔔 Preparing for an ASX listing
🖥️ Building Australia's AI infrastructure
🚀 Scaling enterprise adoption
EchoIQ (ASX:EIQ) has delivered a share price gain of more than 500% over the past year as investors back its AI-powered decision support technology for structural heart disease. With FDA-cleared, clinically validated solutions that use existing echocardiographic measurements to provide rapid clinical insights without image analysis, EchoIQ is building a differentiated position in cardiovascular diagnostics. EchoIQ's CEO Dustin Haines joins The Stock Network's Lel Smits to discuss its research collaboration with Mayo Clinic, binding Heads of Agreement with Pro Medicus (ASX:PME), a $110 million institutional placement and access to an exclusive imaging dataset designed to further strengthen its AI competitive moat.

🤝 Mayo Clinic collaboration: Validating the technology
⚕️ Pro Medicus partnership: Unlocking distribution
🚀 $110 million raise: Funding the next growth phase
🤖 Building an AI competitive moat
Will the AI boom spike your power bill? Australia wants to be an AI leader, but data centres are absolute energy vampires. Which raises a big question, who pays for all that power?

Australia’s Prime Minister just announced a plan where under the proposed new rules AI data centres would legally have to put at least as much energy back into our grid as they take out. In addition they have to cover their own connection costs so households don’t take the hit.

The plan goes to Parliament next year, so it is too early to say if this will work, and there is a risk that if the rules are too tight, those data centres will go elsewhere.

#AI #Australia #tech #albanese #data
HiTech Group Australia (ASX:HIT) enters a binding agreement to acquire the Australian operations and selected business assets of Hudson Global Resources Australia, significantly expanding its national workforce solutions platform.

🤝 Transformational acquisition: HiTech Group Australia agrees to acquire Hudson's Australian operations, representing approximately $190 million in pro forma FY26 revenue, for an upfront consideration of $7 million.

📈 Broader national platform: The acquisition expands HiTech Group Australia's footprint across Australia, diversifies its business beyond information and communication technologies (ICT) recruitment into professional services and workforce solutions, and strengthens its Government and private sector capabilities.

🚀 Growth strategy: HiTech Group Australia expects the transaction to be earnings accretive following integration, and to provide a larger platform for future organic growth and disciplined acquisitions.

“We believe the Group will be exceptionally and uniquely well positioned like no other to participate in the continued consolidation of Australia's fragmented professional services and workforce solutions industry while delivering sustainable long-term value for shareholders.” – HiTech Group Australia Managing Director and CEO Elias Hazouri
Remember DeepSeek, the Chinese AI that wiped billions off tech stocks overnight? It just happened again. A start-up called Moonshot AI just released a new model, Kimi K3, and it’s already ranked fourth in the world by independent testers.

Here's why markets are spooked. KIMI K3 is “open weight” - this means that Moonshot AI plans to make the model itself free, so that anyone with enough compute can host it.

So is this a false alarm, or the moment the AI trade cracks? That's the trillion-dollar question.

#AI #China #tech #WallStreet #money
What are the biggest misconceptions about ETFs, and why are they becoming a core portfolio building block? Betashares Founder and CEO Alex Vynokur explains why ETFs have become an increasingly popular choice for investors looking to build diversified, long-term portfolios.

📈 Instant diversification
📊 Low-cost market access
🌏 Broad investment options
🔍 Flexible and transparent
🚀 Suitable for long-term investing

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SCX.ai Holdings (ASX:SCX): Australia's sovereign AI platform preparing for ASX debut

EchoIQ (ASX:EIQ): AI-powered heart diagnostics targeting global healthcare scale

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ASX 200

Last Update: 24-07-2026
Today's Date: 2026-07-24
Market Status: Closed
Last Update: 24-07-2026

Top Gainers

CCE0.35 75%
PGO0.17 61.9%
IOV0.535 57.4%
CLA0.006 50%

Biggest Losers

H2G0.006 -33.3%
M2R0.002 -33.3%
PEN0.245 -32.9%
MNB0.017 -29.2%

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