- ASX200 is trading 0.14% higher at 7549.10 after lunchtime.
- Digital Wine Ventures rallies on acquisition and performance update.
- BlueBet surges on exclusive agreement for Arizona expansion.
The Australian market is trading higher again on Tuesday, up 0.14% at 7549.10 after lunchtime after touching a fresh record high of 7576.30 points in morning trade. Today?s gains are driven by strong gains for tech stocks.
NAB?s business confidence report for July fell to -8 from 11 in June and 20 in May, as lockdowns and growing COVID-19 Delta strain outbreaks weighed on the business sector and its pandemic recovery.
The tech rally today is fuelled by Megaport surging 3.5%, Afterpay up 3.04%, Nearmap trading 2.55% higher and Nuix is rallying 2.29%.
Bitcoin is trading 6.19% higher in the last 24-hours at US$46,090.99 at 1:10pm AEST as US senators reached a compromise over a cryptocurrency reporting requirement in the US$550bn infrastructure bill.
Digital Wine Ventures? share price is climbing today after the company announced it has completed the acquisition of Parton Wine Distribution which the company says will ?provide a significant lift across WINEDEPOT?s key performance metrics? and support growth. Digital Wines also reported expansion of its presence in Adelaide and hit a new record for cases shipped at a total of 30,468 in July.
Making headlines, online bookmaker BlueBet is also surging today after announcing its wholly owned subsidiary BlueBet Arizona has entered into an exclusive agreement with the Colorado River Indian Tribes and BlueWater Resort & Casino to pursue online sports betting further in the US.
And Pizza Hut is turning to AI technology to meteorologically predict what foods and ingredients a customer might be interested in based on the level of cloud cover and humidity.