Money

Meet the world’s first flying motorcycle

Published

1 year ago

February 2, 2023

ticker NEWS

One way to avoid peak hour traffic is by flying over it, and it may be more affordable than you think.

Jetpack Aviation is testing the first legal bike to cruise the skies at its California facilities.

Dubbed ‘the Speeder’, it has eight small, powerful jet engines allowing the aircraft to carry up to 600 pounds and fly at a maximum 60 miles per hour speed for about 30 minutes.

Multiple sensors throughout the aircraft are able to detect and automatically avoid any obstacles, including buildings and trees.

The tick of approval for the Speeder is still years away, but pre-orders have already begun, with prices starting at $381,000.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

4 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

4 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

5 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