World markets
Updated
Shares
ASX set to rise; Wall Street mixed as Nvidia falls
Another slide for Wall Street heavyweight Nvidia kept US indexes mixed, even as the majority of stocks rallied.
- by Stan Choe
Latest
Updated
Wall Street
$646 billion wipeout: Wall Street darling makes history with three-day horror show
Nvidia briefly became the world’s most valuable company last week, but is now in correction territory after an historic slump.
- by Ryan Vlastelica
Updated
Wall Street
Rate hike fears hit ASX, ResMed shares slump
The Australian sharemarket fell as investors sold energy and healthcare stocks over fresh fears figures to be released this week may show an uptick in inflation.
- by Sumeyya Ilanbey
Updated
Sharemarket
ASX flat as Guzman y Gomez shares make stellar debut
The Australian sharemarket was slightly lower on Thursday, with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.
- by Millie Muroi
Updated
Shares
ASX closes flat with energy the key standout
The Australian sharemarket dipped in late trade to close slightly lower as investors wound back their bets on interest rate cuts after the central bank’s decision on Tuesday to keep the cash rate on hold.
- by Sumeyya Ilanbey and Millie Muroi
Updated
AI
The $5 trillion monster: Nvidia just became the world’s most valuable company
The AI giant jumped over rivals Microsoft and Apple for the top spot after another share price surge.
- by Subrat Patnaik and Carmen Reinicke
Opinion
AI
The AI bubble might blow up in our face
All AI bubbles to date have ended in a “winter”, and the next one may be the chilliest of all.
- by Andrew Orlowski
Updated
Wall Street
Banks, utilities boost ASX as rates hold steady; Fortescue dives
Utilities firms and banks lifted the Australian sharemarket on Tuesday after US stocks rose towards more records ahead of what could be a quiet, holiday-shortened week.
- by Millie Muroi and Jessica Yun
Updated
Wall Street
ASX dips after Wall Street treads water near record highs
Declines in technology, energy and industrial shares dragged the Australian sharemarket lower after a relatively lacklustre trading session on Wall Street Friday.
- by Jessica Yun
Updated
Wall Street
ASX finishes week in the red as Wall Street slides
The Australian sharemarket lost ground on Friday, reflecting a drab trading session on Wall Street overnight.
- by Jessica Yun
Updated
Shares
ASX rises as Wall Street gets inflation boost; Sigma slumps
The Australian sharemarket advanced, powered by interest-rate-sensitive tech stocks and real estate investment trusts after Wall Street hit new records overnight.
- by Sumeyya Ilanbey