The Dow Jones Industrial Average hit a record high, driven by traditional stocks, while the Nasdaq and semiconductor sectors faced declines amid mixed economic signals and employment data.
Tony Jackson
Jul 03, 2026
SK Hynix is set to launch a $29.4 billion Nasdaq listing, potentially the largest ADR offering ever, to fund semiconductor expansion and enhance global investor access.
George Anton
Jul 03, 2026
Lamborghini introduces the Urus SE Performante, a high-performance hybrid SUV, emphasizing its strategic focus on plug-in hybrid technology over fully electric models, with 812 horsepower and a top speed of 194 mph.
Scott Lance
Jul 03, 2026
Apple's stock surged nearly 5% following news of a foldable iPhone, stabilising the S&P 500 amidst a broader tech sector decline and weak June jobs report.
George Anton
Jul 03, 2026
Apple is set to launch new iPad Pro models and a redesigned MacBook Pro in 2027, featuring the M7 chip optimized for AI performance, amid ongoing memory shortages.
George Anton
Jul 03, 2026
White Mountains Insurance Group's stock surged over 5% as investors recognised its intrinsic value, driven by strong financial performance and strategic capital deployment across its diversified portfolio.
Tony Jackson
Jul 03, 2026
Australia's housing market is experiencing a significant price correction due to federal tax changes, impacting buyers and sellers differently. Experts predict a potential 10% drop in property values.
Tony Jackson
Jul 03, 2026
Meta's stock fell nearly 5% as investors reacted to its increased AI infrastructure spending, despite strong advertising revenue. The company aims to enhance AI capabilities across its platforms.
George Anton
Jul 03, 2026
BHP Group's shares rise as strong copper prices and operational performance offset concerns over cost increases at its Jansen potash project, highlighting its strategic focus on future-facing commodities.
Mike Clair
Jul 03, 2026
Australia's ASX 200 Index surged 1.36% following a weaker-than-expected U.S. payroll report, easing rate hike fears and boosting gold prices, with significant gains in mining and banking sectors.
Tony Jackson
Jul 03, 2026
Intel has resumed production of its 13th and 14th Gen processors to supply China's PC market, addressing a global memory shortage by utilising DDR4 compatibility amid high DDR5 demand.
George Anton
Jul 03, 2026
Instacart users faced widespread service disruptions due to a technical outage, impacting grocery deliveries and personal shoppers. The outage highlights vulnerabilities in digital infrastructure and gig economy challenges.
George Anton
Jul 03, 2026
Sony's Xperia 1 VIII offers advanced camera features and unique design elements, appealing to photography enthusiasts and power users seeking alternatives to mainstream smartphones.
George Anton
Jul 03, 2026
Tesla's Q2 vehicle deliveries exceeded expectations, showcasing operational strength. However, investor focus remains on AI and autonomy progress amid heavy spending and regulatory challenges.
Tony Jackson
Jul 03, 2026
Sony plans to end physical disc production for PlayStation games by 2028, reflecting a shift towards digital distribution. The company sees growth in gaming, music, and imaging sectors.
George Anton
Jul 03, 2026
Apple's stock rose over 3% following AI advancements and strong services growth, reinforcing confidence in its ecosystem despite competitive pressures.
George Anton
Jul 03, 2026
Amazon shares rise as Prime Day sales and AI growth boost investor confidence. Analysts anticipate strong quarterly results, highlighting retail, advertising, and cloud segment expansion.
Tony Jackson
Jul 03, 2026
Two New York residents were arrested at a Connecticut Costco for allegedly using fraudulent credit cards in a serial shoplifting scheme, highlighting ongoing challenges with organised retail crime.
Anthony Will
Jul 03, 2026