Author - Sequoia Direct
29Apr

Starbucks shares take a dive despite sales in China improving: ASX set to open higher

29 Apr 2020 - Despite weak leads from US markets, the ASX looks set to open higher this morning. Starbucks Corp. shares fell yesterday after the company missed earnings expectations from the impact of the COVID-19 pandemic on sales. Technology stocks were the biggest drag on the US market yesterday. Back home, the Federal Government's stimulus payments are having a "profound impact" on Australia's households. Zenith Energy (ASX:ZEN) says its core business of supplying power to remote locations has...

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28Apr

BrainChip Holdings (ASX:BRN) neuromorphic computing

28 Apr 2020 - BrainChip Holdings (ASX:BRN BrainChip Holdings (ASX:BRN) CEO Lou DiNardo talks about its Akida integrated circuit, its advantages in event-based convolutional (e-conv) networks, applications and its move to wafer production and first engineering samples by Q3 2020.

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28Apr

Optimism grows as global economies look to reopen: ASX set to open higher

28 Apr 2020 - The ASX looks set to open higher as optimism grows that global economies are beginning to look to reopening following on from the coronavirus crisis. In the US Boeing plans to reopen its Dreamliner factory in early May. Back home we are set to see some easing of restrictions. Britain says it’s still too early to relax them there. Air New Zealand (ASX:AIZ) will begin the painful process of materially reducing its workforce as the...

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27Apr

The only sector to make losses today was the Financial sector: ASX closed 1.5% higher

27 Apr 2020 - After a rocky start it has been a mostly positive day of trade for the ASX, the local bourse managed to close 1.5% higher. Shares in Domain Holdings (ASX:DHG) closed over 18 per cent higher and AP Eagers (ASX:APE) also did well today. MedAdvisor (ASX:MDR) today announced that its telehealth and on-demand home delivery features are now live.

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