Author - Sequoia Direct

Weebit Nano (ASX:WBT) file two new patents

21 Dec 2020 - The Israel-based semiconductor company, Weebit Nano (ASX:WBT) in conjunction with its development partner Leti, are pleased to announce that they recently filed two new patents related to Weebit Nano’s Silicon Oxide (SiOx) ReRAM technology.

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Travel restrictions imposed on NSW after more Covid cases: ASX to open lower

21 Dec 2020 - The ASX looks set to open lower this morning as the new coronavirus outbreak has led to border restrictions with all states and territories closing their borders to NSW. European countries have closed their borders to the UK and the US is also coping with a second wave. Iron ore is on the up and the AUD is standing at almost US$0.76. Synlait Milk (ASX:SM1) has updated its full year 2021 guidance.

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a2 Milk (ASX:A2M) tumbles on earnings guidance: Aus shares up 0.5% over week

18 Dec 2020 - Despite ending the last session of the week lower, it has been a positive week overall for the Aussie share market. Information technology stocks led the gains this week, with the sector gaining almost 6 per cent. Shares in A2Milk Company (ASX:A2M) dropped over 20 per cent this afternoon, after the company released a guidance update, showing that its sales performance recovery was occurring slower than expected, due to the impact of Covid 19 and...

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AGL faces major outage as worker seriously injured: Aus shares 0.7% lower at noon

18 Dec 2020 - The Australian share market opened slightly higher following positive leads from US markets. It’s down after 2 hours of trade, dragged lower by the banks. The S&P/ASX 200 index is 45 points down or 0.7 per cent lower at 6,712. On the futures market the SPI is 53 points higher. AGL (ASX:AGL) says that Unit 3 of its Liddell Power Station is out of service following a transformer incident that “seriously injured” a worker.

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French president contracts coronavirus: Aus shares to open flat

18 Dec 2020 - Aussie shares are set for a flat start despite US stocks edging to record highs overnight. US jobless claims came in higher than expected, however investors took this in their stride. The market seems to assume that the unexpectedly high jobless claims may force the 2 major political parties into finally agreeing on a Covid stimulus deal which would bolster the market.

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