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ASX shares update; Trump bans WeChat

ASX 200 ekes out a gain, tech profit taking continues, Trump bans WeChat Global markets continued their negative trend on Friday, the ASX 200 (ASX:XJO) falling 0.3%, but managing to finish the week up a solitary 5 points; outperforming most global markets. It was a similar story in the US, with both the Nasdaq and…

Drew Meredith | 21st Sep 2020 | More
ASX update; COVID-19 impacting Macquarie Group

Vaccine trial restart boosts markets, ASX strength to continue, COVID-19 impacting Macquarie Group A positive lead from Wall Street and news that AstraZeneca plc (NYSE:AZN) had resumed their vaccine trial sent the ASX 200 (ASX:XJO) 0.7% higher on Monday. Positive news on the vaccine front support the energy and industrial sectors amid hope of a…

Drew Meredith | 14th Sep 2020 | More
Why Walmart is so interested in Tik Tok

TikTok can be described as a social networking app, primarily used by millennials, to share and view amateur video content. The app is Chinese owned. Known as Douyin, owned by ByteDance. As of August 2020, TikTok, had surpassed 1 billion users worldwide in less than four years. How does it work? Users film videos of…

Ishan Dan | 31st Aug 2020 | More
  • Market update – Federal Reserve loosens inflation reins

    It was a mixed day for the market, the ASX 200 (ASX:XJO) finished 0.2% higher despite trading up as much as 0.8% during the day.

    Drew Meredith | 27th Aug 2020 | More