Money

Japanese lunar device crashes on Moon

Published

1 year ago

April 26, 2023

ticker NEWS

Japanese company suspects its lunar device crashed while attempting to land on the Moon

A Japanese company with high hopes of becoming one of the first private firms to land on the Moon thinks its lunar explorer crashed on the surface.

Communication was lost with Hakuto-R just moments before it was due to touch down.

Engineers are now investigating what happened following an interruption to the live feed.

Tokyo-based iSpace was aiming to release a rover and a tennis ball-sized robot developed. These devices were designed to explore the Moon’s surface and send data back to Earth.

The craft was launched by a SpaceX rocket in December, and took five months to reach its destination.

The CEO of iSpace says his company now has to assume the landing was not completed.

The CEO later adding that despite not expecting to complete the mission, the company had “fully accomplished the significance of this mission, having acquired a great deal of data and experience by being able to execute the landing phase”.

The M1 lander appeared set to touch down after coming as close as 89 m from the lunar surface. #trending #featured

Money

Why the meme-stock frenzy is unlikely to repeat

Published

6 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

7 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending