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ASX dips in early trade after slump in AI stocks sends down Wall Street
The Australian sharemarket has opened lower amid a flurry of corporate results, as a selloff in chipmakers and growing anxiety about the stalemate in the Iran war sent stocks lower on Wall Street overnight.
2h ago
Former Sydney rubbish tip to house battery capable of powering 1500 homes
Nationally, half a million households have installed home batteries. A new push will result in businesses installing bigger batteries.
2d ago
Real estate group in the red after messy offshore exit
Real estate and construction group Lendlease continues to struggle against a heavy share price, leadership departures and its exit from global operations.
2d ago
JB Hi-Fi shares plunge as it warns of AI-driven tech squeeze
Investors reacted swiftly as the retailer noted a major dip in sales in the second half as a result of ongoing price rises and supply issues.
2d ago
Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+
OpenRouter's CEO recently described the startup as Stripe for AI.
2d ago
Used Booksellers Are Racking Up Huge Sales. They’re Not Thrilled About the Likely Reason
If you're a book, you'd better start sleeping with one eye open.
3d ago
One Nation lodges three years of overdue financial documents after warning
Trump has said ‘much more sleazy’ things than Ossoff’s jibe about aide, Fox News star admits
After deadly floods in India's Assam, experts call for better warnings and long-term planning
Family buys $3.5m inner west house that would have cost $3.8m earlier
The stylish home traded for the first time in more than 40 years. The agent thought it would have fetched more a few months ago.
3d ago
Tyson is closing more beef plants as cattle shortage continues to impact supply
The planned shutdown of Tyson’s Joslin, Illinois, facility is expected to result in roughly 2,500 union job cuts
3d ago
Bezos consortium buys a stake of Liverpool FC
Liverpool owner FSG has sealed a deal that has resulted in a 30 per cent stake to a consortium that includes the Amazon founder.
4d ago