Month: October 2026
ZIP was smacked 50% on the open today after revealing a US fraud incident that cost the buy-now-pay-later provider $7.2m and disrupted customer growth and transaction volumes during July and August
Fortescue has fallen below $15 driven entirely by a weak Q1 FY2027 production report released last night that revealed a serious and escalating standoff with China’s centralised iron ore buying agency.
NEXTDC (NXT) is trading down ~40% after cutting guidance by approx. 37% after electricity distributor Jemena suspended power connections to NEXTDC’s Melbourne M3 data centre in late September,
HUB24 (HUB) is soaring ~5% following a strong quarterly update which demonstrated strong funds under administration (FUA) growth.
Challenger (ASX) has soared more than +17% after receiving a $7.97bn takeover proposal from Japanese insurance giant Daiichi Life Group
Glencore (ASX: GLC) has started trading on the ASX today as the previously UK listed mining giant dual lists on the ASX.
Sandfire Resources (SFR) and South32 (S32) are drifting lower this morning after being downgraded by Morgan Stanley.
US-focused titanium company IPX has bounced more than 10% this morning on no real news.
The ASXLTD (ASX) is trading up well over 3% today helped by an upgrade by CLSA with Price Target of $63.
Paladin (PDN) along with the ASX uranium sector is soaring today as after Google’s parent Alphabet agreed to buy nuclear power from Constellation Energy in a deal that will spur the addition of 890 megawatts of new reactor capacity.
