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Closing Bell: ASX lifts higher as Block surges 28pc on results, job cuts but Coles goes ‘Down, Down’

Closing Bell: ASX lifts higher as Block surges 28pc on results, job cuts but Coles goes ‘Down, Down’

The ASX lifted 0.25% to close at a record high on Friday, led by a 28% run from Afterpay owner Block on its massive AI-led job cuts.

 
Gold Digger: Are hedges bad? It’s not that simple, stupid

Gold Digger: Are hedges bad? It’s not that simple, stupid

Miners are dumping hedges to try get the full value of record gold prices, but experts say they still have their place.

 
ASX Small Caps Weekly Form Guide

ASX Small Caps Weekly Form Guide

Stockhead’s end-of-week wrap covering small-cap ASX movers, news of note and expert recommendations. This week, John Forwood dials in.

 
Scott Power: Another ‘bloody week’ for healthcare, but Ramsay swings hard on turnaround

Scott Power: Another ‘bloody week’ for healthcare, but Ramsay swings hard on turnaround

The local healthcare sector has taken a hit for a third consecutive week, down more than 14% after a battering reporting season. Time to lick its wounds and reset?

 
Resources Top 5: Ora Banda lifts on strong gold effort, Viking on tungsten plans

Resources Top 5: Ora Banda lifts on strong gold effort, Viking on tungsten plans

Strong gold cash flow at Ora Banda, a tungsten-fuelled run for Viking and a geologic hydrogen collaboration in the US headline a busy end to the week for small-cap resources.

 
Latrobe Magnesium hits de-risking milestone in critical mineral production process

Latrobe Magnesium hits de-risking milestone in critical mineral production process

Latrobe Magnesium has achieved the key milestone of steady-state magnesium oxide production at its demonstration plant.