The S&P/ASX 200 index rose by 0.54% on May 25, 2026, driven by strong performances in mining and financial stocks, amid mixed global cues and positive domestic corporate updates.
Meta Platforms Inc. is restructuring its workforce, cutting 8,000 jobs to focus on AI development. The company reported strong financial results and plans to increase capital expenditures for AI infrastructure.
Dorian LPG's shares rose over 12% following a strong Q4 earnings report, driven by elevated freight rates and robust demand for very large gas carriers.
Stephen Colbert's 'Late Show' concludes after 11 seasons, as CBS cancels the program citing financial challenges. The decision marks the end of a significant chapter in late-night television.
Oil prices have surged past $110 per barrel due to escalating tensions in the Strait of Hormuz, impacting global markets and economies. Analysts warn of potential further increases amid geopolitical risks.
Elon Musk's comment on X about the non-release of bodycam footage in Henry Nowak's stabbing case has intensified public demands for transparency and accountability from UK police.
Speculation grows about LeBron James and Stephen Curry potentially teaming up for the 2027-28 NBA season, as both players approach the end of their current contracts.
Walmart's shares fell after first-quarter results exceeded revenue estimates but included a cautious outlook due to consumer spending pressures and economic uncertainties.
TUCSON, Ariz. — Three months after 84-year-old Nancy Guthrie vanished from her Catalina Foothills home in a suspected nighttime abduction, the high-profile investigation remains active but unresolved, with authorities confirming DNA analysis is still underway and no arrests or named suspects as the search stretches into its fourth month.
Xanadu Quantum Technologies' stock rose 11.64% amid growing interest in photonic quantum computing, driven by strategic partnerships and technological advancements in the sector.
Bindi Irwin is focusing on recovery from endometriosis while staying active in conservation efforts at Australia Zoo. Her family supports her journey, emphasising unity and continuing Steve Irwin's legacy.
Elon Musk's X has surpassed 1 billion downloads, evolving into a multifaceted platform with features like payments, video streaming, and AI, despite challenges and controversies.
Cameron Diaz and Benji Madden announce the birth of their third child, Nautas Madden, highlighting their joy and gratitude. The couple continues to prioritise family privacy.