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Wall Street tumbled overnight as disappointing reactions to Meta and Tesla's earnings reignited concerns about AI spending, while oil prices climbed to a five-month high amid renewed supply fears in the Middle East. The sell-off is set to weigh on the ASX, which is poised for a softer open after ye…
The Australian share market declined slightly as materials and energy stocks pressured the broader index. Nick Scarly plunged after cutting profit guidance amid weak furniture sales, while NEXTDC rebounded sharply following yesterday's steep losses. Upcoming earnings from major US tech firms and lo…
The Australian share market recovered from an early selloff to finish Monday in positive territory as investors braced for a blockbuster earnings week. Materials and energy stocks led the recovery after a brutal week, while tech shares also bounced. With US earnings reports, central bank decisions,…
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