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The Dreadnought Resources Ltd (ASX: DRE) share price skyrocketed 11% this morning after the mining company released its latest drill results.

However, it has since retreated and at the time of writing, shares are swapping hands for 46 cents, a gain of 2.22% on yesterday’s closing price.

Below we look at the ASX resource explorer’s latest drill results.

What drill results did Dreadnought report?

The Dreadnought Resources share price is climbing today. It comes after the company reported promising results from the reverse circulation (RC) drill campaign at its Tarraji-Yampi project in Western Australia.

It has completed drilling at 18 RC holes for a total of 3,511 metres. According to the release, the program has intersected significant mineralisation “and/or alteration” across a number of targets.

Dreadnought noted the maiden hole drilled at the Orion site intersected “thick chalcopyrite-rich massive and semi-massive sulphides”. That included 13 metres of massive to semi-massive sulphides containing approximately 5-20% copper sulphide.

The company said it had also suspended diamond drilling at its Texas site (at the same project in WA) after a drill rig broke down at 55 metres depth. It expects drilling to restart at Texas in early August, with initial results due by the middle of August.

Commenting on the results, Dreadnought’s managing director Dean Tuck said:

Intersecting massive copper bearing sulphide in the first hole drilled at Orion is a watershed moment for the Tarraji-Yampi project. Furthermore, significant mineralisation and/or alteration was intersected at Grant’s Find, Fuso, Paul’s Find and Chianti with a number of targets still to be tested and new targets emerging.

We have rushed assays and expedited downhole and surface geophysical surveys to assist with prioritising follow up drilling.

The company has suspended the drilling program, according to plan. It said drilling will start back up in September, with Orion and Grant’s Find its priorities.

Dreadnought Resources share price snapshot

Dreadnought Resources’ share price has been shooting the lights out. Over the past 12 months shares are up 360%. By comparison the All Ordinaries Index (ASX: XAO) has gained 24% over that same time.

Year-to-date the Dreadnought Resources share price continues to outperform, up 130% so far in 2021.

The post Why the Dreadnought Resources (ASX:DRE) share price soared 11% today appeared first on The Motley Fool Australia.

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The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Whispir Ltd (ASX: WSP) share price is plummeting today after the company announced COVID-19 has impacted its performance over the 2021 financial year.

The software-as-a-service company released a business update today, stating that a resurgence of COVID-19 in Asia has stalled its activities in the region.

Right now, the Whispir share price is $2.48, 12.06% less than its previous closing price.

Let’s take a closer look at today’s news from Whispir.

COVID-19 causing delays

The Whispir share price is in the red after it released a business update this morning.

Despite the company announcing strong (unaudited) sales and growth for the 2021 financial year, the market has reacted poorly to the pandemic which has delayed its new customer activations in Asia.

According to Whispir’s release, the delay in activations has affected its revenue for the 2021 financial year.

Whispir now expects to deliver revenue of around $47.7 million, 22% more than it brought in last financial year.

However, Whispir previously expected to report between $49 million and $51 million of revenue over the financial year just been.

Despite the trouble facing Whispir’s Asian operations, the company’s annual recurring revenue (ARR) has met its previous guidance.

It expects it has received $53.6 million of ARR over the 2021 financial year, 28.5% more than the prior period. Previously, Whispir said it expected to report ARR of $53 million to $55.3 million.

Additionally, Whispir expects to report $6.1 million worth of earnings before interest, tax, depreciation, and amortisation (EBITDA).

Commentary from management

Whispir’s CEO Jeromy Wells commented on the news driving the Whispir share price lower, saying:

Our growing business in Asia is strategically important to medium and long-term revenue growth. A resurgence of COVID-19 in the region has been the main catalyst for today’s update on FY21 revenue and earnings performance. We are confident the impact of COVID-19 is temporary, and that the revenue from our strong sales, particularly in Asia in H2FY21, will materialise in the first half of FY22.

Whispir share price snapshot

Today’s fall has added to the woes facing the Whispir share price on the ASX.

Right now, Whispir’s shares are trading for 33% less than they were at the start of 2021. They have also fallen 47% since this time last year.

The company has a market capitalisation of around $329 million, with approximately 116 million shares outstanding.

The post Here’s why the Whispir (ASX:WSP) share price is falling 12% appeared first on The Motley Fool Australia.

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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Whispir Ltd. The Motley Fool Australia has recommended Whispir Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Western Areas Ltd (ASX: WSA) share price is on course to end the week on a positive note.

In morning trade, the nickel producer’s shares are up 4% to $2.63.

Why is the Western Areas share price pushing higher?

The catalyst for the strength in the Western Areas share price on Friday has been the release of an update on its 10-year production targets and its expectations for FY 2022.

In respect to the former, Western Areas has firm plans in place to grow its production over the next decade despite the Forrestania operation coming to the end of its life during FY 2025.

According to the release, management expects its Cosmos operation to begin picking up the slack in FY 2023 when Forrestania production starts its decline. And while this is expected to lead to a bumpy few years of production increases and decreases, consistent growth is expected from FY 2027 through to FY 2031.

Western Areas’ Managing Director, Dan Lougher, commented: “The base case consolidated production target clearly demonstrates the steady, long-term nickel exposure that Western Areas offers.”

Mr Lougher also spoke positively in relation to demand for nickel. He explained: “The outlook for nickel demand remains strong with stainless steel and battery metals expected to continue to be in high demand in the medium and long term. Western Areas is one of the few companies that has a clear line of sight toward sustained nickel production into the 2030s.”

The managing director also revealed that he sees scope for its production targets to increase in the future.

“There remains real potential for further growth in the schedule with projects currently well advanced in studies and planning, such as the New Morning project, that we expect will add additional nickel tonnage to the 10-year base case,” he added.

What about FY 2022?

In the meantime, management expects nickel tonnes in concentrate production of 16,000 to 17,000 tonnes in FY 2022. This compares to FY 2021’s production of 16,180 tonnes.

Management explained: “FY22 production guidance remains materially consistent with the prior year and reflects a blended production of flotation concentrate and MREP high grade nickel sulphide precipitate. Spotted Quoll provides approximately 60% of the ore feed at Forrestania, with Flying Fox and lower grade stockpile material providing the balance.”

FY 2022’s production is expected to be achieved with a unit cash cost of production of A$4.25 per pound to A$4.65 per pound. This is in line with the cash costs of A$4.56 per pound that was reported during the first half of FY 2021.

Management explained: “The unit cash cost of production will continue to vary quarter on quarter. Cost increases for rise and fall adjustments have been included to reflect expected cost trends in the resource industry. The mining cost forecasts include mining and processing of Flying Fox ore trending toward reserve grade and treatment of selected low grade stockpile material, where mill capacity allows, noting lower grade material naturally results in a higher unit cost. The mill is expected to process approximately 580kt in FY22.”

The post Here’s why the Western Areas (ASX:WSA) share price is storming higher appeared first on The Motley Fool Australia.

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• Why the Western Areas (ASX:WSA) share price is racing higher

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Poseidon Nickel Ltd (ASX: POS) share price won’t be going anywhere today.  

Shares in the exploration company entered a trading halt before yesterday’s session.

In addition, Poseidon also released its quarterly update earlier today.

Let’s take a look at why the Poseidon share price is in a halt and how the company performed last quarter.

Poseidon share price halted on capital raise

Shares in Poseidon entered a trading halt before the commencement of yesterday’s session.

At the request of the company, securities in Poseidon were placed in a halt for up to 2 business days.

Poseidon requested the trading halt pending an announcement by the company regarding a capital raising.

Poseidon did not provide further information on how much the company was looking to raise or where funds will be directed.

However, an article in the AFR’s Street Talk column has provided some light on the capital raise. According to the article, Poseidon is looking to raise $20 million in a placement at 11 cents a share.

Poseidon releases quarterly report

Following its request for a trading halt yesterday, Poseidon also released its quarterly report earlier today.

For the June quarter of 2021, the company reported positive progress in its various projects. Poseidon highlighted operations from its Golden Swan Drilling project, Back Swan scoping study and Windarra Tailings project.

The company also provide a snapshot of its corporate finance performance for the quarter.

As at 30 June 2021, Poseidon noted a cash and current investment holding of $7.9 million.

The company’s net cash outflow from operating and investing activities totalled $7.5 million for the quarter. In addition, Poseidon cited $6.6 million in cash expenditures for exploration and evaluation.

Approximately $3.4 million was spent on the Golden Swan drill drive, $1.9 million on exploration activities and $0.1 million on the Windarra tailings project.

Poseidon noted that there were no production or development activities for the June quarter.

Snapshot of the Poseidon share price

Poseidon is a nickel sulphide exploration and development company with three flagship projects in the Goldfields region of Western Australia.

The Poseidon share price has performed strongly in 2021, surging more than 99% since the start of the year.

Shares in the exploration company have gained significant momentum in the past month in particular.

The Poseidon share price last traded at 13.5 cents, giving the company a market capitalisation of approximately $379.1 million.

The post Why is the Poseidon (ASX:POS) share price halted? appeared first on The Motley Fool Australia.

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Motley Fool contributor Nikhil Gangaram has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Sezzle Inc (ASX: SZL) share price is in negative territory today following the company’s release of its second-quarter results.

During mid-morning trade, the buy-now, pay-later (BNPL) provider’s shares are down 8.52% to $7.41.

How did Sezzle perform in Q2 FY21?

Investors are selling Sezzle shares despite the company reporting record growth across a number of key metrics. This relates to underlying merchant sales (UMS), active customers, active merchants, and repeat usage.

For the 3 months ending June 30, Sezzle achieved UMS of US$411.1 million (A$550.4 million), a 118.7% increase year-on-year (YoY). The average monthly UMS stood at US$137 million (A$183.5 million), lifting 9.6% from the previous quarter (Q1 FY21).

Sezzle income came in at US$24.1 million (A$32.3 million), a 122.6% jump YoY. As a percentage of UMS, Sezzle income remained relatively flat at 5.9%.

Active customers grew by 250,000 to a total of 2.9 million for the quarter, a 95.5% lift YoY. The company’s consumer profile improved as retuning customers continued to make orders, reflecting the 30th consecutive month of growth.

Active merchants grew on the Sezzle platform by 6,200 to a total count of 40,200 active merchants. This represented a 150% gain on YoY and 18.4% lift quarter-on-quarter (QoQ).

Overseas success

Furthermore, the company said it was making great strides in both the Canadian and Indian market. UMS run-rate of more than US$100 million was achieved during the quarter in Canada. In India, consumer growth is tracking similarly to the United States.

The company declared a cash on hand balance of US$61 million. Although this declined by US$6.4 million during Q2 FY21, Sezzle noted US$7.3 million was used predominantly in paying down debt.

At the end of June, the company had US$21 million drawn on line of credit.

Sezzle executive chair and CEO Charlie Youakim commented:

We are excited to report a quarter that reflects new highs in UMS, active consumers, active merchants, and repeat usage. Further, our recent announcements with one of the largest retailers in the United States — Target — and one of the largest card issuers in the United States — Discover — reflect our positive market positioning.

About the Sezzle share price

It’s been a volatile 12 months for Sezzle shares, having moved between its 52-week range of $5.16 and $11.99. The company’s share price is up around 10% in the past year, and about 22% year to date.

Sezzle presides a market capitalisation of roughly $798.5 million, with 103 million shares on its registry.

The post Sezzle (ASX:SZL) share price sinks 8% on quarterly results appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Mineral Resources Limited (ASX: MIN) share price has edged higher on Friday after the company announced its June quarter and full-year FY21 activities report.

Shares in the diversified mining company briefly hit an intraday all-time high of $64.25.

At the time of writing, the Mineral Resources share price is up 0.52% to $63.75.

Quarterly highlights

Record iron ore performance

Mineral Resources reported a record 5.2 million wet metric tonnes (wmt) of iron ore shipments in the June quarter, a quarter-on-quarter (QoQ) increase of 27%.

Overall shipments for FY21 increased by 23% to a record 17.3 million wmt. This is slightly below its revised full-year guidance of 17.4 million to 18 million wmt.

The issues dragging shipment expectations down were largely out of the company’s control. Its final three planned shipments were delayed due to port congestion.

In terms of iron ore production, the company delivered 5.2 million wmt in the June quarter, up 6% QoQ.

Overall FY21 production was a record 19.5 million wmt, a 38% increase compared to a year ago.

The company achieved an average realised iron ore price of US$178 per dry metric tonne (dmt) for the quarter, a 23% increase QoQ.

Lithium production ramping up

The Mt Marion project produced 144,024 dmt of lithium spodumene in the June quarter, a 5% increase QoQ.

Pleasingly, FY21 production came in at 484,984 dmt, a 34% increase compared to a year ago. This is also above the company’s guidance of 450,000 to 475,000 dmt.

Mineral Resources also operates a 40:60 joint venture for the Wodgina Lithium project.

The company cites this asset as “one of the largest known hard rock lithium deposits in the world”.

The project remains in “care and maintenance”, with both parties actively reviewing market conditions with “a view to [resume] spodumene concentrate production as and when required and as driven by market demand”.

Renewable and clean energy focus

Mineral Resources believes gas will play an important role in the company’s transition from diesel fuel to cleaner energy sources.

The company is currently undertaking a drilling program at its Lockyer Deep Prospect, located in the highly prospective northern section of the Perth Basin.

In addition, the company is committed to developing a Decarbonisation Roadmap to reach net zero emissions by 2050.

Today’s announcement highlighted that work has begun to install a 1.5MW solar array and battery at its Monmunna mine.

Mineral Resources share price snapshot

The Mineral Resources share price has stormed 65.35% higher year-to-date.

Factors likely driving the outstanding performance could include sky-high iron ore prices and the hype around the lithium sector.

The post Mineral Resources (ASX:MIN) share price hits another record high after quarterly update appeared first on The Motley Fool Australia.

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Motley Fool contributor Kerry Sun has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

If you’re like most 30-year-olds, you’re past the point where fun weekends take priority over buying furniture, but you might not be ready yet for the move to the suburbs. You’re no longer an entry-level employee, but you’re not quite considered management either.

This in-between time of your life is — or at least should be — evident within your investment portfolio too. You’re able to start tucking away more meaningful sums of money in your retirement account, so the crazy flyers you took on hot story stocks are a thing of the past. Yet, your holdings don’t quite look like grandma’s as you know you’ve got time to ride out the market’s rough patches and won’t need any investment income for a long while.

With that as the backdrop, here’s a closer look at three of the biggest investing tripwires 30-somethings should be sure to avoid.

1. Investing too little

You had to know it was coming somewhere on this list, but there’s a reason it’s first … because it’s the most important misstep to avoid. This is the time in your life when it’s crucial to sock away as much as you reasonably can, as this is the point when your portfolio enjoys some of its strongest momentum.

You’ve likely heard the term “compound interest” before. It just means you’re earning new interest on previous interest payments, producing exponential growth. Although the idea is typically used in reference to interest-bearing accounts or bond portfolios, the idea applies to equity investments too. You don’t just want to earn good returns on your cash contributions to your account, you also want to earn good returns on the returns you achieved on your prior investments.

Obviously the more you put in, the more you get out. You may not have to set aside a massive amount of your paycheck to build a nice nest egg though, even if you achieve average returns. Earning an average of 9% annually on an investment of just $500 per month will leave you with nearly $100,000 at the end of a 10-year stretch. Waiting another 10 years to start but then growing your portfolio for 20 years will still only leave you with something on the order of $320,000 at the end of that two-decade stretch. If you can do it for 30 straight years though, you’ll end up with around $850,000 on only $180,000 worth of your own cash contributions.

The point is to start as soon as possible, even if you have to start small.

2. Taking on too much risk

It’s tricky if not confusing.

As a younger investor, you’re told to use the time you have until your retirement to your advantage by taking risks you can’t afford to take when you’re older. Time, you see, unwinds much of the downside volatility that riskier growth investments tend to bring to the table. For instance, Twitter may be up by more than 300% since early 2017 and back within sight of record highs, but as of early 2017, it was down more than 30% from its IPO (initial public offering) price and down over 60% from where the stock closed on its first day of trading three years prior. That would have been a scary three-year stretch for anyone making a big bet on Twitter right before retiring, even though the stock ultimately recovered for early investors.

There’s been a curious shift in the way many investors view and embrace risk in recent years, however. Too many of them (often younger) are taking risks just for the sake of risk-taking without considering the likelihood of an actual payoff. As an example, the prospect of a 300% gain is enticing to be sure, but if there’s only a 10% chance of earning that sort of payback while there’s a 70% chance of losing everything, that’s a risk best left avoided.

Examples of story-based failures include Blue Apron and Groupon. Both had scintillating backstories based on their consumer-friendly service, but too many investors looked past the fact that neither would ever be able to generate a sustained profit.

3. Failing to make a numbers-based roadmap

Finally, add the lack of a clear financial plan to the list of big mistakes younger investors can easily avoid but often don’t.

The reasons for not hammering out such specifics are entirely understandable. Some investors are fearful a detailed look at their current savings and investment plans will make it clear they’re off track. That’s scary … so scary that some folks would just rather not know. Other investors may simply be too busy, thinking that establishing such a plan will require too much time.

Neither fear is actually merited though. A bunch of investment calculators are freely available on the web, allowing you to quickly test out several “what if” scenarios. You can get a rough idea of what kind of money you’d have to invest to reach your personal endzone in a matter of minutes — just be sure to read the Motley Fool’s quick primer on everything to consider. And if you’re looking for something more comprehensive such as a complete portfolio plan that evolves as you age, odds are good your brokerage firm or a certified financial planner can readily offer a lifetime-minded allocation plan.

Any plan is better than no plan at all — just start somewhere.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post 3 investing mistakes to avoid in your 30s appeared first on The Motley Fool Australia.

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James Brumley has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Twitter. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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The BlueBet Holdings Ltd (ASX: BBT) share price is surging higher on Friday morning.

In early trade, the sports betting company’s shares are up 6% to $2.37.

This means the BlueBet share price is now up more than 100% since its Initial Public Offering (IPO) earlier this month.

Why is the BlueBet share price surging higher again?

Investors have been bidding the BlueBet share price higher today after the release of its fourth quarter update.

According to the release, BlueBet achieved turnover of $96.5 million for the quarter, up 39.8% on the prior corresponding period. For the full year, the company’s turnover increased 83.2% to $344.7 million.

This strong growth was driven partly by a 45.7% increase in active customers over the 12 months to 32,472. This significantly exceeds its prospectus forecast of 27,925.

Also growing strongly in FY 2021 was the company’s Net Win. It increased 20.9% to $10.1 million in the fourth quarter and 92.4% to $35.6 million for the year.

As a result of the above, BlueBet expects to report full year net revenue of $32 million in FY 2021. This is just ahead of its prospectus forecast of $31.4 million.

Operating cashflow was $1.8 million for the quarter and $8.3 million for the year. This left BlueBet with a cash balance of $56.1 million at the end of the financial year. Management notes that this provides it with the fuel to fund growth opportunities.

US expansion gathers pace

Those funds will be used to support its expansion into the massive United States market, which was given a boost this month by an agreement with Dubuque. The skin agreement will allow BlueBet to conduct online sportsbook operations in Iowa as an extension of Dubuque’s existing casino licence.

But it won’t be stopping there. The company has identified up to five priority states in the US – Virginia, Iowa, Colorado, Tennessee and Maryland – for its initial market entry as a wagering provider.

Like rival PointsBet Holdings Ltd (ASX: PBH), BlueBet sees a major growth opportunity in the market as regulations change. Which goes some way to explaining why investors have been bidding the BlueBet share price higher this month.

In respect to its US expansion, BlueBet’s Chief Executive Officer, Bill Richmond, previously told the Motley Fool: “Breaking into the US is a once in a lifetime opportunity. It’s not often you come across an industry where the US is not first in both people and technology but it’s the case with sports betting because it’s been underground until recently.”

“We have the technology and the expertise to take advantage of this greenfield prospect. With tremendous investor support we have raised a very substantial amount of growth capital to attack the emerging US market, which according to some estimates could be orders or magnitude larger than the Aussie market. We feel we are on the cusp of something very big here,” he added.

The post Why the BlueBet (ASX:BBT) share price is storming 6% higher today appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Pointsbet Holdings Ltd. The Motley Fool Australia has recommended Pointsbet Holdings Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Amazon.com, Inc. (NASDAQ: AMZN) share price has fallen in after hours trade following its second-quarter results.

Shares in the e-commerce giant plunged in extended trade, despite reporting sales growth across all segments.  

At the time of writing, shares in Amazon are sitting at US$3,338.92, down 7.2% after hours.

Unpacking this delivery

Sometimes having high expectations can lead to disappointment. This appears to be the case for analysts and Amazon’s quarterly results. Analysts had pencilled in estimates of US$115.20 billion in revenue and US$12.30 in earnings per share (EPS).

While Amazon’s revenue grew by 27% year-over-year (YoY) to US$113.08 billion, it came in under estimates. For comparison, the online mega-company dealt a 41% YoY growth rate in 2020. However, Chief Financial Officer Brian Olsavsky said:

We’re starting to lap that [COVID-19 boosted quarter] and that’s why you see some of the growth rate coming down

Similar to Facebook’s results yesterday, Amazon expects a slowing of growth to continue in the next few quarters due to these difficult periods of comparison. This was likely a heavy dampener on the Amazon share price.

While growth might be momentarily ‘slowing’, the increase in dollar figures is quite impressive considering the company’s large size. For instance, operating income for the quarter increased 32.8% to US$7.7 billion.

Furthermore, subscription and Amazon Web Services sales experienced a 32% and 37% uptick.

The result marks the last of Jeff Bezos being CEO, with the reins now handed over to Andy Jassy. As of 5 July, Bezos has shifted to being executive chairman.

Amazon share price snapshot

The Amazon share price has been more subdued during the past 12 months than it has been at other times in history. The past year has witnessed an 18% appreciation, which fails to outperform the 22.6% return from the S&P/ASX 200 Index (ASX: XJO).

However, on a 5-year timeframe, the Amazon share price has pulled a 370% return for long-term shareholders.

The post Amazon (NASDAQ:AMZN) share price drops 7% despite growth appeared first on The Motley Fool Australia.

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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Amazon. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2022 $1,920 calls on Amazon and short January 2022 $1,940 calls on Amazon. The Motley Fool Australia has recommended Amazon. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Motley Fool Australia Chief Investment Officer Scott Phillips joined Nine’s Late News on Thursday night to discuss a takeover offer for Iress Ltd (ASX: IRE), a bounceback for the Zip Co Ltd (ASX: Z1P) share price and a boom for export prices.

The post Zip share price booms, IRESS gets a takeover offer. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia.

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Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended ZIPCOLTD FPO. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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