BUSINESS

Investors must choose between Samsung's diversified stability and SK Hynix's AI-focused growth as the memory-chip supercycle intensifies, with both companies posting record results driven by AI demand.

Investors are eyeing FTSE 100 stocks like AstraZeneca, HSBC, and Shell for growth and stability in 2026, amid global uncertainty and economic recovery signals.

Australia's fuel supply is strained due to Middle East conflict, causing record diesel prices and highlighting reliance on imports. Government measures aim to mitigate economic impacts.

Apple's 2026 outlook remains positive with strong earnings growth, AI initiatives, and high iPhone demand. Analysts maintain a Moderate Buy consensus, highlighting potential upside despite some risks.

A charity lunch with Warren Buffett and the Curry family raised $18 million, benefiting GLIDE and Eat.Learn.Play. foundations. The auction highlights celebrity philanthropy's evolving power.

President Trump's visit to China featured symbolic gestures and discussions on trade and Taiwan, but failed to resolve key tensions. Business leaders joined talks, highlighting economic stakes.

Investors are focusing on top AI stocks like NVIDIA and Microsoft, as global AI spending is projected to reach $2.5 trillion by 2026, driven by infrastructure and generative tool adoption.

The ASX 200 index closed slightly lower, impacted by budget fallout and global cues. Resource stocks showed resilience, while financials faced pressure. Investors remain cautious amid policy shifts and global influences.

StubHub's shares rose 23% following strong Q1 2026 results, including a 7% increase in gross merchandise sales and significant debt reduction, boosting investor confidence.

Slack users experienced scattered service disruptions, affecting message loading and connectivity. The issues appear regional and device-specific, with no major outage reported. Users are advised to follow troubleshooting steps.

PureCycle Technologies' shares rose over 23% due to record production, regulatory approval in New Jersey, and plans for international expansion, despite reporting a net loss for Q1 2026.

POET Technologies' shares rose over 29% due to excitement around its AI data centre solutions and recent operational advancements, despite previous order cancellations. Analysts remain optimistic about its long-term potential.

The Dow Jones Industrial Average surpassed 50,000 points, driven by strong corporate earnings, cooling inflation, and optimism about potential Federal Reserve rate cuts.

President Trump and President Xi concluded talks in Beijing with agreements on trade but no breakthroughs on key issues like Taiwan and technology. The summit focused on tactical stabilization.

OpenAI's ChatGPT experienced regional disruptions affecting hundreds of users, with issues like slow responses and login problems. The situation highlights challenges in scaling AI infrastructure amid high demand.

A California man used Anthropic's Claude AI to recover a Bitcoin wallet containing over $400,000, highlighting AI's growing role in digital asset recovery and sparking widespread discussion.

NVIDIA dominates the AI market with strong growth and margins, while Intel's turnaround presents speculative potential. Analysts favour NVIDIA for reliable appreciation, despite Intel's recovery efforts.