Category: ASX:LKE

ASX:LKE

Why did Lake Resources (LKE) shares crash?

LKE -16.54%: the lithium hopeful tumbled today after getting caught in a tussle with the operations company they’ve employed at their Kachi site following a disagreement about milestone cut-offs

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Afternoon report 14/07/2025

The Match Out: Banks drag ASX lower, tech stocks take hit on U.S Open Banking shake-up

Energy & Resources led the charge today with BHP back knocking on the door of $40, and is now up more than 8% in FY26 relative to Comm Bank (CBA) which has fallen ~3%.

Morning report 14/07/2025

Macro Monday: Markets brace for renewed tariff ructions

Stocks have shown increasing complacency to US tariff threats, and they will face another test this morning after President Donald Trump declared a 30% rate for the European Union and Mexico, effective August 1st. He said Mexico had failed to do enough to stop the flow of fentanyl into the US and complained that the EU’s trade deficit with the US was unfair, almost ~$US150bn last year, as can be seen below.