Hey Superheroes, Elon Musk is aiming to uncover the mysteries of the universe by following in Donald Trump’s footsteps (sigh), and U.S. inflation is cooling off (phew). Get ready for a hefty dose of financial news updates delivered in a flash. 1. Microsoft clears regulatory hurdles in $69b Activision Blizzard buy Game on. In an […]
![The top ASX lithium stocks by trade volume and performance [2023]](https://www.superhero.com.au/wp-content/uploads/2023/06/24-03_blog_news_toplithiumstocks_hero@2x-1024x796.jpg)
“But Qantas has bounced back strongly from Covid,” they said. “Isn’t it time for another dividend?” Amidst the turbulence of the global pandemic, Australia’s leading airline has emerged as an emblem of resilience and adaptability. Unlike its weakened rival, Virgin Australia, Qantas has weathered the storm and posted optimistic updates as revenge travel continues to […]
No one — especially not Google or Apple — can ignore the tech success story that is Microsoft (MSFT). This pioneering tech giant has defended its dominant market share for nearly 50 years. How does it do it? With a management team that’s always keeping an eye on the latest innovations, a B2B business model […]
How many research reports does it take to bring down one of India’s biggest companies? One activist short seller released a single, scathing report targeting the world’s third-richest man, Gautam Adani. Yes, that Adani. It struck a 45% blow to his company’s share price. It’s one thing to take a short position. It’s another to […]
What are the best upcoming IPOs to watch? 1. Is the IPO freeze finally thawing? It’s been a long, cold winter for IPOs. That’s because timing is everything, and market conditions haven’t exactly been favourable over the past year. Many companies have been biding their time as they wait out economic headwinds. But could […]
Liontown Resources rejected a $5.5b bid and became the most Googled stock on the ASX this week. 1. Liontown Resources chooses to play the field What are tier 1 lithium assets really worth? One Aussie mining explorer just turned down a $5.5 billion offer. Liontown (ASX: LTR) rejected a $2.50 a share takeover bid […]
The Swiss government brokered a deal for UBS to take over Credit Suisse. 1. UBS agrees to buy Credit Suisse Sooo… a major, 166-year-old Swiss bank got bought out this week after a shocking drop in its share price. That’s right. You’d think they would have got their house in order after 166 years. […]
Silicon Valley Bank closed its doors on Friday, triggering anxiety across the Tech World. 1. SVB Goes Bust Silicon Valley Bank, a US bank specialising in lending to technology companies, was shut down by regulators and had its assets seized on Friday. This is the biggest bank failure in the US since the 2008 financial […]
The Origins All changed, changed utterly: A terrible beauty is born. On 30th November, a company called OpenAI launched an artificial intelligence chatbot, called ChatGPT. While not the first AI chatbot to be presented to the masses, its detailed and articulate answers across a wide variety of knowledge domains has seen it garner attention that […]
1. Goldman Sachs rates Apple a buy For the first time in nearly six years, Goldman Sachs has recommended buying Apple stock. This comes after the investment bank has remained on the sidelines while the iPhone maker’s stock has more than quadrupled in value. This change in Goldman’s recommendation has come largely due to Apple’s […]
Australian hardware giant Bunnings is entering the pet merchandise market to try and take a bigger bite of the fast-growing $10 billion industry. 1. An Aussie’s best friend Australian hardware retailer Bunnings is expanding its pet merchandise business, hoping to compete with specialty pet retailers and take a bigger bite of the fast-growing $10 billion […]