Category: News

A series of internal changes has left market research and data analytics company Pureprofile (ASX:PPL) ready to benefit from the massive growth forecast for the sector. Industry revenue is expected to grow to US$274.3 billion ($386.6 billion in AUD) by 2022, up from only US$189.1 billion ($266.5 billion in AUD) in 2019, based on Statista data.Pureprofile is looking to tap into that rapid expansion under the direction of newly-appointed CEO Martin Filz.

The news headlines in March were dire. Forecasted peak unemployment was going to hit 20%, we were facing the impending doom of a ‘September cliff’ and major Banks were forecasting property prices to fall by 30%. These frightening headlines were coupled with images of Centrelink queues out the door and around the corner.

A few months ago, I made my case in a video interview with Livewire as to ‘Why the bulls are wrong’. Last week, Livewire reached out to me last week as part of a special series, to expand on my view of what is wrong about the bull case. You may have seen some of my summarised responses in the wire Why you should fear the big bad bear by Patrick Poke.

Whether you’re a new or seasoned trader, if you’re looking to take your trading to the next level, join Reach Markets for the first Trading 360 Summit – a free series where expert traders share their knowledge on picking directions, their favourite trading strategies and how they approach trade management, including the psychology, tools and resources they use.

With cyber attacks happening every 39 seconds, Ginni Rommerty, the Chairman of IBM, says cybercrime is the single greatest threat to any company. By 2021, cybercrime is estimated to cost the global economy an estimated $6 trillion annually.

As the world’s population becomes more urbanised and modernised, the demand for electricity is forecast to grow exponentially. At the same time, governments are moving to reduce emissions, particularly from coal-fired power stations.

A SPAC is a special purpose acquisition corporation, also known as a blank-check company. They are companies that have no commercial operations and are formed as a vehicle to raise capital through an IPO for the purpose of acquiring a targeted company, quite often from private equity.

COVID-19 has changed everything for SMBs. Chances are, these businesses have been having difficult conversations with their staff, their partners, and their bank managers. 

Gaming is big business these days. It’s also competitive. More than 500 mobile games are launched each week around the world. With 350 million gamers playing 318 mobile games, iCandy (ASX: ICI) is one game developer that knows how to stand out from the crowd.

Australian miner Carpentaria Resources (ASX:CAP) has launched a share purchase plan as it moves to increase its ownership of the Hawsons Iron Project.

Before being blindsided by Covid-19, Australia had experienced around 30 years of economic “good times” which was stopped dead in its tracks sometime in May this year. During these “good times”, output and household income had doubled.

Chinese stimulus is fuelling an iron-clad building boom. In the past year, Chinese demand for iron ore has grown 24%. Meanwhile, the pandemic is impeding production in two countries rich in iron ore: South Africa and Brazil, compared to 2019, iron ore shipments are down 9% and 15% respectively.