- The ASX200 is trading 0.12% higher at 7401.50 after midday.
- BetMakers rallies on progression in Fixed Odds betting in New Jersey.
- Domino?s tanks 13.7% on Q1 results, AGM update & broker assessments.
The Australian market is trading just 0.12% higher today at 7401.50 after lunchtime on the back of US shares rallying overnight after the Federal Reserve confirmed its move to begin tapering its asset purchasing program this month.
The tech sector is trading just under 1% higher today so far led by Appen jumping 3.88%, Nearmup up 3.14% and Afterpay trading 2.06% higher after Square shareholders approved the share issuance for Afterpay shareholders.
Bitcoin is trading 0.84% lower over the last 24-hours at US$62,460.16 at 1:30pm AEDT.
BetMakers shares are on the rise today after the wagering tech company announced it has received the regulatory framework for Fixed Odds Betting to commence on horse racing in New Jersey. The news benefits BetMakers after the wagering tech company signed an exclusive 10-year agreement with New Jersey Thoroughbred Horsemen Association and Darby Development LLC.
Making headlines, Domino?s share price is nose diving today after the pizza maker released its AGM update and first quarter results. For the first quarter, Domino?s reported network sales of $3.74bn, up 14.6%, revenue of $2.2bn, up 15.4%, 281 million pizzas served and over 410,000 fresh, hot meals donated to those in need. Investors are selling out of Domino?s shares today though as brokers were unimpressed with the pizza company, especially with uneven sales growth reported across each region.
And Apple is reportedly upping its car safety game by introducing a new crash detection feature that uses sensors on Apple devices within a car to detect a crash then calls ?911? automatically.