DJ D-Sol at at Fontainebleau Hotel on February 01, 2020 in Miami Beach, Florida. Pic: Getty
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Fact of the Day: In addition to running one of the most powerful investment banks in the world, Goldman Sachs chief exec David Solomon is a surprisingly successful electronic dance music producer.
Since ~2018, 58-year-old Solomon has moonlighted as DJ ‘D-Sol’– playing all over the world and garnering a pretty substantial following in the process.
But it’s undoubtedly a part-time labour of love. In March, Solomon’s annual compensation from Goldman jumped 20 per cent to $27.5m. Not bad.
Solomon was opening act for US duo ‘The Chainsmokers’ at a benefit concert in New York last week – a concert that is now under investigation after videos revealed packed crowds ignoring COVID-19 health guidelines.
But you know who isn’t under investigation? Goldman Sachs itself, which has just agreed to a $US3.9bn deal with the Malaysian government over the 1MDB sovereign wealth fund scandal.
The government of Malaysia has now agreed to drop all criminal and regulatory proceedings involving the firm, Goldman Sachs said in a statement last week.
European share markets generally rose on Tuesday, while Wall Street eased as investors wait on confirmation of a fresh $1 trillion COVID-19 relief package.
The local bourse is off to a slow start on Wednesday. The financial sector was one of the big improvers, as industry regulator Australian Prudential Regulation Authority (APRA) eased restrictions around paying dividends.
Swipe or scroll to reveal the full table. Click headings to sort.
| CODE | COMPANY | PRICE | CHANGE | MARKET CAP |
|---|---|---|---|---|
| SUD | Suda | 0.092 | 240.74% | $12.7M |
| IGN | Ignite | 0.063 | 200.00% | $5.4M |
| GTE | Great Western Exploration | 0.22 | 41.94% | $21.5M |
| CNJ | Conico | 0.014 | 40.00% | $5.4M |
| SBR | Sabre Resources | 0.004 | 33.33% | $3.1M |
| WSI | Weststar Industrial | 0.018 | 28.57% | $13.1M |
| CLZ | Classic Minerals | 0.0025 | 25.00% | $19.8M |
| LNY | Laneway Resources | 0.01 | 25.00% | $30.0M |
| ANR | Anatara Lifesciences | 0.185 | 23.33% | $7.5M |
| DXB | Dimerix | 0.46 | 21.05% | $75.1M |
| AZI | Alta Zinc | 0.006 | 20.00% | $13.8M |
| AGE | Alligator Energy | 0.006 | 20.00% | $7.2M |
| DLC | Delecta | 0.006 | 20.00% | $4.0M |
| TSC | Twenty Seven | 0.006 | 20.00% | $7.4M |
| OXX | Octanex | 0.013 | 18.18% | $3.6M |
| BLG | BluGlass | 0.1 | 17.65% | $72.0M |
| HWH | Houston We Have | 0.047 | 17.50% | $12.1M |
| PUR | Pursuit Minerals | 0.021 | 16.67% | $9.5M |
| SER | Strategic Energy Resources | 0.007 | 16.67% | $8.3M |
| PWN | Parkway Minerals | 0.007 | 16.67% | $12.0M |
| NZS | New Zealand Coastal Seafoods | 0.029 | 16.00% | $21.1M |
The Therapeutics Goods Administration (TGA) has approved the registration of Suda Pharmaceuticals’ (ASX:SUD) ZolpiMist product for the treatment of short-term insomnia in adults.
The stock jumped over 250 per cent in morning trading.
Dimerix’s (ASX: DXB) phase-two trial for a rare kidney disorder has met both primary and secondary endpoints, with 86 per cent of patients showing a response to the drug DMX-200 versus placebo.
Classic Minerals (ASX:CLZ) is getting closer to becoming a small cap gold producer, with delivery of a modular processing plant for its 93,000oz Kat Gap project in WA expected mid-August.
And construction small cap WestStar Industrial (ASX:WSI) climbed this morning following the release of its quarterly numbers – which included improving revenues of $12.2m and net profit of ~$940,000.
Swipe or scroll to reveal the full table. Click headings to sort.
| CODE | COMPANY | PRICE | CHANGE | MARKET CAP |
|---|---|---|---|---|
| PNN | Pepinnini Minerals | 0.001 | -50.00% | $1.6M |
| T3D | 333D | 0.001 | -33.33% | $1.1M |
| LVE | Love Group Global | 0.042 | -26.32% | $1.7M |
| WCN | White Cliff Minerals | 0.01 | -23.08% | $4.9M |
| SMI | Santana Minerals | 0.002 | -20.00% | $5.4M |
| MSR | Manas Resources | 0.004 | -20.00% | $10.6M |
| IMS | Impelus | 0.005 | -16.67% | $4.0M |
| LCY | Legacy Iron Ore | 0.005 | -16.67% | $41.2M |
| RVS | Revasum | 0.35 | -14.63% | $11.6M |
| WBE | Whitebark Energy | 0.003 | -14.29% | $9.1M |
| CZL | Consolidated Zinc | 0.003 | -14.29% | $7.5M |
| KSC | K & S Corporation | 1.215 | -13.21% | $156.5M |
| WHK | WhiteHawk | 0.14 | -12.50% | $24.1M |
| 2BE | Tubi | 0.11 | -12.00% | $26.8M |
| RNU | Renascor Resources | 0.015 | -11.76% | $20.0M |
| HT8 | Harris Technology | 0.045 | -11.76% | $8.7M |
| EN1 | Engage:BDR | 0.008 | -11.11% | $8.7M |
| CUL | Cullen Resources | 0.016 | -11.11% | $3.6M |
| KTE | K2 Energy | 0.024 | -11.11% | $7.2M |
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