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SmallCaps Weekly Wrap & New Fundie Picks
Market Wrap: Market Sharply Weaker As War Hostilities Resume
ASX 200 plunges 1.5% on renewed US-Iran hostilities as oil spikes over $100; banks and energy hammered, Tabcorp shares dive 14%.
News Corp reports US$2.59b quarterly revenue on the back of booming digital business
Rupert Murdoch’s mass media and publishing company News Corporation (ASX: NWS) has unveiled revenue totalling US$2.59 billion for the three months to end December 2023. The figure represents a 3% increase on the US$2.52b in revenue recorded for the previous corresponding period and has been attributed to booming growth within the group’s core Digital Real […]
Closing down AAP will rob Australians of valuable news
The rapid impending closure of news service Australian Associated Press (AAP), is one of those occasions when you don’t know what you have lost until it has gone. After 85 years of operation, AAP is set to close on 26 June with about 500 people out of work as a result. While most news consumers […]