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Speaker 1: Welcome to the Fearing Greed Business News Afternoon Report for Thursday,

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Speaker 1: the twenty fourth of October twenty twenty four. I'm Sean A. Elmer.

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Speaker 1: Every afternoon, You've got the fist. Stories have happened today

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Speaker 1: that you need to know about storing Number one, wise

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Speaker 1: Tech Global's share price hit a two months below today,

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Speaker 1: falling below one hundred dollars a share. At least there

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Speaker 1: were no news stories about c Richard White yesterday. Wise

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Speaker 1: Take's down nearly thirty per cent in three weeks, including

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Speaker 1: five point eight percent today. Actually I said name news stories.

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Speaker 1: There was actually one story around the place of former

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Speaker 1: director of Wise tech Global left in twenty nineteen, accused

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Speaker 1: mister White of intimidation, bullying, and overseeing poor corporate governance.

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Speaker 1: According to a story in the IFR, it's a story

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Speaker 1: that just keeps giving. It's a very busy day on

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Speaker 1: the market. Really. Newmon's share price tumbled more than six

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Speaker 1: percent after a disappointing quarterly earnings report on Wall Street. Newman,

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Speaker 1: of course bought new Crest. It's mostly traded in North

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Speaker 1: America nowadays. HMC Capital halt of its shares as it

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Speaker 1: prepares to raise three hundred million dollars to put towards

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Speaker 1: a near two billion dollar acquisition of Sydney Data Center

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Speaker 1: owner Global Switch. Australian Forest grew Metals Group Film more

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Speaker 1: than three percent after quarterly production updates show a tonnage

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Speaker 1: of iron ore shipped was down during the September quarter

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Speaker 1: compared to the Dune quarter. Brambles provided an underwhelming training update.

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Speaker 1: Its share price fell two percent. Reese Plumbing share price

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Speaker 1: fell seven and a half percent after it said the

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Speaker 1: training environment was challenging. It was worse performer of the

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Speaker 1: top two hundred. Better news for furniture Group of Dares,

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Speaker 1: which said sales were stronger in the past sixteen weeks.

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Speaker 1: That triggered a twelve and a half percent jump in

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Speaker 1: its share price by the end of the day. This

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Speaker 1: and PA six two hundred was pretty much where it

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Speaker 1: started up slightly at eighty two hundred and six points. Sorry.

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Speaker 1: Number two. Prime Minister Anthony Alberizi is in Samala for

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Speaker 1: the Commonwealth Heads of Government meeting, and he said acknowledging

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Speaker 1: climate change is the entry fee for credibility. He said

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Speaker 1: climate change will be front and center at Toggham, especially

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Speaker 1: given threats to countries like To and Kiribati. The Prime

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Speaker 1: Minister will meet for the first time with new British

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Speaker 1: Prime Minister Keir Starmer. They're likely to talk about climate change,

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Speaker 1: energy and of course UCUS Foreign Mister Penny Wong's also there.

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Speaker 1: She said that she had grave concerns over reports at

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Speaker 1: North Korea is aiding Russia sending troops to help in

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Speaker 1: the fight against Ukraine. Straight number three. Nuclear power in

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Speaker 1: Australia will take fifteen years to develop, according to the

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Speaker 1: head of the Australian Radiation Protection and Nuclear Safety Agency,

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Speaker 1: Gillian Hirth's estimate doesn't support the coalition's claims a nuclear

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Speaker 1: power plant can be ready by twenty thirty seven. Miss

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Speaker 1: Hurt runs the country's nuclear regulator. She appeared at a

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Speaker 1: parliamentary inquiry today. She did agree that that the Atomic

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Speaker 1: Energy Agency has previously said new entrants could take just

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Speaker 1: ten years. Another fly in the ointment, the boss of

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Speaker 1: the Energy Regulator, Claire Savage, said developing the regulatory framework

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Speaker 1: for nuclear would take up to eight years. Straight Number

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Speaker 1: four Tesla's share price jump twelve percent and after ours

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Speaker 1: training this morning, after the Electric Vehicle Group recorded a

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Speaker 1: surprise jump in its September quarter, profit led income rows

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Speaker 1: seventeen percent, helped by more EV sales and a higher

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Speaker 1: profit margin. Elon Musk he forecast a big jump in

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Speaker 1: earnings next year. He said EV sales could grow twenty

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Speaker 1: to thirty percent on the back of lower prices and

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Speaker 1: LARA interest rates having a meaningful impact on demand. Telster

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Speaker 1: is the most valuable car maker in the world, about

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Speaker 1: one trillion Ossie dollars. Mind you, its share price is

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Speaker 1: half what it was three years ago, and story number five.

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Speaker 1: Nearly twenty five million Americans have already cast their vote

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Speaker 1: ahead of the presidential election on Tuesday week. There's record

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Speaker 1: levels of early voting in some battleground states, such as

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Speaker 1: Georgia and North Carolina. Polls still have the candidate's neck

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Speaker 1: and neck. One thing that seems to be causing concern

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Speaker 1: in the Harris camp is the fact that Joe Biden

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Speaker 1: seems to be a drag on her election prospects. She

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Speaker 1: came out in the last twenty four hours and said

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Speaker 1: that Carmala Harris administration would not be another Joe Biden administration.

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Speaker 1: Pennsylvania is definitely staketting mass attention from both camps. That's

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Speaker 1: It's the Afternoon Report for Thursday, the twenty fourth of

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Speaker 1: October twenty twenty four. Uncle Thomas and I will be

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Speaker 1: back tomorrow morning with the Friday edition off Year and

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Speaker 1: Greed business news. I'm sure I elma enjoy read me