AML3D secures $0.5M submarine contract
AML3D (ASX:AL3) secured an initial production parts order valued at approximately $0.5 million from Austal USA Advanced Technologies.
AML3D (ASX:AL3) secured an initial production parts order valued at approximately $0.5 million from Austal USA Advanced Technologies.
Stakk (ASX:SKK) has finalised its acquisition of ParaScript for US$63 million in a cash and scrip transaction.
Transurban (ASX:TCL) reported a 3.4% increase in group average daily traffic during August compared to the prior corresponding period.
Prospect Resources (ASX:PSC) expanded its Phase 3 drilling programme at the Mumbezhi Copper Project in Zambia.
Western Ridge Resources (ASX:WRX) has begun its maiden reverse circulation drilling programme at its flagship Keystone Project.
Corazon Mining (ASX:CZN) has commenced its maiden 50-hole, 7,500-metre reverse circulation drill programme at the Chalice Gold Project.
BHP (ASX:BHP) published an updated climate plan showing its carbon emissions and diesel usage will peak around 2035 instead of the previously projected 2028.
New Zealand King Salmon (ASX:NZK) raised its full-year earnings forecast as improving operational efficiencies boosted financial expectations.
Equus Energy (ASX:EQU) secured another $2.1 million from Alcoa (NYSE:AA) to help progress its gas development project off Western Australia.
The Australian Government will introduce new ministerial directions to restrict temporary visa holders after legislative negotiations with the Coalition collapsed.
Bloomberg Odd Lots hosts Joe Weisenthal and Tracy Alloway react to AI skepticism and recent warnings coming from people in the industry. The pair discuss what the hacking of Hugging Face might tell us about where AI is headed and what some of the biggest risks of these warnings could be, arguing "when everything is couched in these existential terms, you end up just getting a race right to who can develop first."
Manju Boraiah, Senior PM and Head of Systematic Fixed Income at Allspring Global Investment, reacts to Wednesday's Fed rate decision saying fundamentally, 'we needed the hike.' He also discusses how investors can break out from frozen positions, arguing that trillions of dollars of wealth is sitting in concentrated positions that are being held back by tax bills, and offers a possible solution to move toward diversification.
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