Author: Shawn Hickman
Global uranium names are surging higher after the US government committed to spend $US80bn building nuclear reactors.
WiseTech Global (WTC) shares plunge after ASIC and the AFP raids the companies Sydney office.
CSL plunges ~15% after worrying news around Seqirus demerger and potential downgrades due to a weak US market.
Woodside (WDS) rallies over +10% into Friday after an upgrade.
Lynas (LYC) reverses lower following rare earths agreement.
An improving backdrop is forming for IDP Education (IEL) courtesy of the Labor government.
Copper stocks lead the miners higher
DroneShield soars to new highs as Asia buys defence stocks.
Alphabets second-quarter profits topped estimates as parent company Google showed strong growth in its advertising and cloud computing divisions but investors were wary around increased spending on AI
CIA’s key asset is the Bloom Lake mining complex located in northern Quebec Canada. They acquired it in 2016 and restarted production in early 2018, currently producing around 15Mtpa of high-grade iron (+66% Fe) meaning they attract a higher price than the benchmark 62% Fe.
