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ASX set to rise; Wall Street mixed as Nvidia falls

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

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$646 billion wipeout: Wall Street darling makes history with three-day horror show

$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
Rate hike fears hit ASX, ResMed shares slump

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
Utilities and energy firms lift ASX; Kathmandu drops

Utilities and energy firms lift ASX; Kathmandu drops

The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed away from recent records.

  • by Millie Muroi
ASX flat as Guzman y Gomez shares make stellar debut

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
ASX closes flat with energy the key standout

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
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The AI bubble might blow up in our face

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
Banks, utilities boost ASX as rates hold steady; Fortescue dives

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
The oil mystery that has the world on edge
Opinion
Oil

The oil mystery that has the world on edge

It is one of the world’s most important markets and powerbrokers are widely split on what its future looks like.

  • by Stephen Bartholomeusz
The meeting where Wall Street billionaires tripped over themselves to back Trump

The meeting where Wall Street billionaires tripped over themselves to back Trump

Before 12 New Yorkers branded Donald Trump a felon, a very different kind of jury had reached a verdict of its own at a ritzy Manhattan hotel.

  • by Amanda L Gordon and Sridhar Natarajan
ASX dips after Wall Street treads water near record highs

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