Xero Shares Sink to A$65 as Tech Rout Puts Its Growth Story on Trial

Stock Market Today: Live Updates 24.07.2026

July 24, 2026


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Bank of Queensland (ASX: BOQ): What to Know About Its Valuation Metrics

July 24, 2026, 5:13 AM EDT.Bank of Queensland Limited (ASX: BOQ) runs close to 200 branches, many with owner-managers. When sizing up the BOQ share price, investors tend to look at workplace culture, lending habits and profit numbers. BOQ scores a 2.6 out of 5 on workplace culture, behind the sector’s 3.1 average, which could mean staff retention issues. Net interest margin is at 1.56%, while big banks on the ASX average 1.78%. Return on equity reads 4.7% for BOQ, lower than the sector’s 9.35%. About 93% of revenue comes from lending, so the share price links closely to lending results.

How you can value the BOQ share price

Blackmagic Design Co-Founder Peter Barber Takes Rival Founder to Court on Stock Lock and Dividend Dispute

July 24, 2026, 4:59 AM EDT. Peter Barber, who started Blackmagic Design in Australia, has sued co-founder Grant Petty in Federal Court, arguing he’s been blocked from selling his 28% stake, which Barber says is worth about $1.5 billion. Since 2022, Barber claims he’s seen no dividends, can’t access company information, and that Petty killed possible deals. Blackmagic Design, established in 2001, makes over $550 million in annual sales and produces DaVinci Resolve, the software behind editing for projects like Avatar and Grey’s Anatomy. Barber is asking the court to force a buyout, let him sell, or break up the company to free up around $98 million in shares he says are stuck in the business.

Friends turned millionaires take tech comp…

UBS Sees Over 45% Upside in Lynas Rare Earths (ASX: LYC), Westgold (ASX: WGX)

July 24, 2026, 4:58 AM EDT. UBS says Lynas Rare Earths (ASX: LYC) and Westgold Resources (ASX: WGX) offer big growth potential for the next 12 months, flagging both as undervalued on the ASX. Lynas, which had a pullback on earnings and some operational issues, is still holding up as a major non-China rare earth supplier. UBS cut its price target but sees a 49% upside from here. Westgold beat its gold production forecast for FY26 with a record 387,354 ounces, and finished strong with almost $939 million in cash and liquid assets. UBS lowered its price target to $7 given some expected operational bumps but said Westgold keeps showing strength. Both stocks outperformed in the last 12 months, though there was recent weakness after quarterly results. UBS pointed to strong balance sheets and position in the sector as reasons for its bullish call.

2 ASX mining shares tipped to grow 45% or …

FTSE 100 futures fall as tech stocks drop and Brent oil breaks $100

July 24, 2026, 4:43 AM EDT. The FTSE 100 looks set for a weaker start Friday as futures slip. Big Tech names sold off on ongoing cash burn worries. Brent crude climbed above $100, shaking up energy markets and adding pressure. Rising energy costs are putting a squeeze on profit margins, dragging on corporate earnings. The mix of tech weakness and oil’s jump is fueling uncertainty for the market into the weekend. Traders are eyeing coming earnings and geopolitical reports for guidance on what’s next.

FTSE 100 Live: London stocks called lower …

Wise drops 9% after US trust bank licence denial

July 24, 2026, 4:42 AM EDT. Shares of Wise Group PLC dropped 9% to 824p after the company said the US Office of the Comptroller of the Currency turned down its bid for a national trust bank charter. With the rejection, Wise won’t be able to roll out broader banking services in the US as planned. The move curbs Wise’s growth efforts in the American market. Investors sold the stock after the news, worried about Wise’s US push. Wise had wanted the licence to boost its banking business as fintech rivalry heats up.

Wise tumbles as US regulator rejects banki…

ASX 200 Slides as Oil Rallies, Squeezing Companies and Economy

July 24, 2026, 4:28 AM EDT. The ASX 200 slipped as oil prices climbed, fueling worries over higher living costs and rates. Companies across sectors face profit pressure as input costs rise. Cautious trading as investors watch how expensive energy could slow growth and push central banks toward tighter policy.

Evening Wrap: ASX 200 slumps as oil price …

Meteoric Resources (ASX:MEI) rallies on Caldeira update; Nichols (LON:NICL) points to heatwave sales lift

Stock Market Today: Live Updates 24.07.2026

July 24, 2026, 4:27 AM EDT.Meteoric Resources (ASX:MEI) shares soared as the company reported progress at its Caldeira rare earths project in Brazil. The miner has grown its market cap from $25 million to $495 million since 2022. Caldeira is targeting light and heavy magnet rare earths used in green tech, with an estimated 20-year mine life. Macquarie put out a 45-cent price target, saying the neodymium-praseodymium output is undervalued. The project could account for 5% of global demand for critical rare earths, competing with China. Nichols (LON:NICL) will report H1 results July 29 and is looking for a Q3 sales bump after the heatwave. Nichols’ shares last at 992p, up since March but under year-ago levels, with a forward PE of 13.9. Investors will be watching for any sign of upward full-year revisions.

Stock Market Today: Live Updates 24.07.202…

How Champions Use Leverage—And What Investors Can Learn

July 24, 2026, 4:14 AM EDT. The story looks at how effort and leverage drive success, drawing lessons from Arnold Schwarzenegger and Ronnie Coleman. Champions, it says, find an edge by pushing through the “extra reps” most avoid. The article connects this idea to investing-using financial leverage to build wealth and hit early retirement goals. It pulls in Archimedes’ old lever example, showing how combining hard work and leverage multiplies results. The author adds that property has been a strong financial lever in recent decades. The takeaway is that pushing past the easy stuff can set people apart in both markets and life.

Great work ^ leverage

Meteoric Resources (ASX:MEI) jumps as Caldeira rare earths project moves ahead

July 24, 2026, 4:12 AM EDT. Meteoric Resources (ASX:MEI) is up from $25 million to $495 million in market value since picking up the Caldeira rare earths project in Brazil in 2022. Caldeira is billed as a top ionic clay rare earth deposit with plans to produce both light and heavy magnet rare earths for green tech and an expected 20-year mine life. The company is moving toward several major steps like a definitive feasibility study, environmental permit, project funding, and a possible investment decision in about six months. Macquarie has a 45-cent price target for the next year, over double the current 17 cents, calling Meteoric’s neodymium-praseodymium (NdPr) output undervalued versus market prices. Caldeira could account for 5% of global critical rare earth demand and pressure China’s grip.

Barry FitzGerald: Meteoric rise could be r…

Nichols looks to Q3 lift from heatwave ahead of July 29 update

July 24, 2026, 4:10 AM EDT. Nichols (LON:NICL), the £366m-valued soft drinks firm, is due to post its H1 interim results on July 29. Management sees the recent heatwave as a likely boost for Q3, aiming for a year-end cash position of £72m. The share price is at 992p, up from the March low at 882p but still well under last year’s 1444p. The stock trades on a forward PE of 13.9. Investors are watching the update for signs of upgrades to full-year numbers on hopes for a better second half.

Nichols: looking for heatwave benefits in …

Mateusz Brzeziński

Mateusz Brzeziński is a financial and technology journalist at Bez-kabli.pl, covering stocks, artificial intelligence, semiconductors and global market developments. He graduated from the Prague University of Economics and Business in the Czech Republic and previously worked in financial analysis before moving into business journalism. His reporting focuses on the companies, technologies and market trends shaping the global economy.

Stock Market Today

  • Bank of Queensland (ASX: BOQ): What to Know About Its Valuation Metrics
    July 24, 2026, 5:13 AM EDT. Bank of Queensland Limited (ASX: BOQ) runs close to 200 branches, many with owner-managers. When sizing up the BOQ share price, investors tend to look at workplace culture, lending habits and profit numbers. BOQ scores a 2.6 out of 5 on workplace culture, behind the sector's 3.1 average, which could mean staff retention issues. Net interest margin is at 1.56%, while big banks on the ASX average 1.78%. Return on equity reads 4.7% for BOQ, lower than the sector's 9.35%. About 93% of revenue comes from lending, so the share price links closely to lending results.