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ASX:OVT 18 December 2025

ASX Top Gainers Today (18 December 2025): RocketBoots Soars on $9.1m ARR Contract as Australian Shares Trade Lower

ASX Top Gainers Today (18 December 2025): RocketBoots Soars on $9.1m ARR Contract as Australian Shares Trade Lower

RocketBoots surged 94.7% to $0.370 by 10:47am AEDT Thursday, leading ASX gainers after announcing a major contract. The S&P/ASX 200 slipped 0.16% in early trade, with tech stocks extending losses for an eighth session. Other small caps, including Ovanti and Flexiroam, also posted double-digit gains. Elevated volatility followed options expiry and continued selling pressure in tech.
18 December 2025
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Stock Market Today

  • Coffee Prices Drop Amid Expectations of Larger Brazilian Crop and Rising Global Supply
    April 30, 2026, 1:59 PM EDT. Coffee prices fell sharply on Monday, with July arabica down 1.44% and robusta falling 2.12%, pressured by forecasts of a significant increase in Brazil's 2026/27 coffee harvest, projected at up to 75.9 million bags, a near 15.5% year-on-year rise. Analysts anticipate a global production surplus of 10 million bags, the largest in six years, supported by robust exports from Vietnam, the world's top robusta producer. Despite signs of tighter arabica and robusta supplies reflected in falling ICE inventories, the excess supply outlook weighs on prices. Geopolitical risks, including potential disruption in the Strait of Hormuz, add underlying support to prices by elevating shipping and production costs. The USDA projects a record global coffee output in 2025/26, driven mainly by robusta production gains, offsetting arabica declines.

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Cigna’s Obamacare Exit Puts 369,000 Members on the Clock for 2027 Coverage

Cigna’s Obamacare Exit Puts 369,000 Members on the Clock for 2027 Coverage

30 April 2026
Cigna Group will exit the Affordable Care Act individual insurance market after 2026, affecting about 369,000 members in 11 states who must find new coverage for 2027. The announcement came as Cigna reported first-quarter revenue of $68.5 billion and raised its 2026 earnings outlook. CVS Health’s Aetna previously withdrew from the ACA market for 2026, impacting about 1 million enrollees.
Spirit Airlines Bailout Deadline: Trump’s $500 Million Rescue Stalls While Flights Keep Running

Spirit Airlines Bailout Deadline: Trump’s $500 Million Rescue Stalls While Flights Keep Running

30 April 2026
Spirit Airlines postponed its bankruptcy hearing as talks over a possible U.S. government rescue continued and no financing motion was filed. Flights remain operational and tickets are still being sold. The proposed bailout could give Washington up to a 90% stake after bankruptcy, but creditor resistance persists. The White House said options are under review, while other carriers are seeking broader relief.
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