The defence tech play, favoured by retail traders, has become 10-bagger in just 12 months and is more valuable on paper than some big ASX names. But sceptical short-sellers are circling.
Finance and markets
What effect will the attempted assassination of Donald Trump have on the election? Betting markets and online commentary are pointing firmly in one direction, but the campaign still has a long way to run.
While older than incumbent Shayne Elliott, Mark Whelan's impressive turnaround of ANZ's oft-maligned institutional bank had given him an inside run to be the next CEO. But the past is back to haunt him.
On a quest to become Australia’s ‘alternative’ stock exchange, the NSX has stumbled before its turnaround campaign has even begun.
The startup will hope it can ride on the tailwinds of Apple’s flagship VR headset as it strives to become the standard-bearer for communicating in 3D.
A new class of investment fund is emerging in Australia - looking for smaller targets than private equity firms, and holding them indefinitely.
ANZ's efforts to restore its reputation are at risk after fresh reports of bad behaviour by its bond traders.
A funding round for delivery startup Sendle has sparked concern among early stage VCs and angel investors.
Amid fierce competition for top lawyers, the appetite for overseas moves has picked up, giving firms with an international presence an edge in hiring and retaining talent.
Sydney’s Vow and Melbourne’s Magic Valley are aiming to corner different ends of the waning cultivated meat market. One is aiming high, the other's going low.
As the market shows signs of recovery, Australian VC heavyweights signal a potential surge in Series B and beyond for the latter half of 2024, challenging perceptions of a risk-averse funding landscape.
Decades ago, big retailers eagerly offered cash out at checkout because they profited from handling cash. Today, it costs them money — and they’re clamping down.
