BUSINESS

Agios Pharmaceuticals' stock surged after the FDA granted priority review to its drug mitapivat for sickle cell disease, potentially accelerating its market entry and expanding its commercial reach.

Ethereum's price has seen a modest recovery, trading at $1,771.02, but remains significantly below its record high. Institutional demand and technical analysis suggest cautious optimism for future growth.

Intel's shares fell 8% amid competitive pressures in AI and semiconductor sectors, highlighting challenges in manufacturing and market positioning. Analysts remain divided on the company's future prospects.

Micron Technology shares fell sharply amid a global memory chip sell-off, triggered by Samsung's strong earnings forecast. Analysts debate whether this signals a temporary reaction or a sustained pullback.

The Nasdaq Composite fell sharply due to semiconductor stock volatility, overshadowing Samsung's strong earnings. Global markets reacted, with significant declines in Asia-Pacific indices and mixed performances in U.S. sectors.

The Russell 2000 index of small-cap stocks dipped slightly, ending a streak of gains, while broader markets rose. Despite the decline, the index remains near multi-year highs, reflecting strong performance.

The US Postal Service is increasing mailing prices and introducing new fees for hazardous materials to address financial challenges, effective July 12. These changes impact both individual and commercial mailers.

The Dow Jones Industrial Average closed at a record high, driven by investor confidence and economic resilience, despite mixed market performance and sector rotations.

Virgin Australia is enhancing its business travel solutions, offering discounts, flexible fares, and loyalty rewards to help organisations manage rising operational costs effectively.

OpenAI's Codex experienced connectivity issues, affecting users and prompting reports on GitHub and social media. The company acknowledged ongoing disruptions, working to resolve them amidst growing demand for AI coding tools.

Netwealth Group's shares rose 7.27% amid strong financial performance and positive analyst sentiment, despite regulatory challenges. The company reported record inflows and increased earnings, highlighting its growth potential.

Predictive Discovery's shares fell 12.33% amid broader gold market volatility. Despite recent declines, analysts maintain a positive outlook, highlighting the company's growth potential and strategic developments.

Microsoft is cutting 4,800 jobs, focusing on its Xbox division, as it adapts to AI-driven changes in technology. The restructuring includes spinning off four gaming studios to new ownership.

BHP Group's shares have declined due to falling iron ore prices, project cost overruns, and macroeconomic pressures, despite a strong long-term performance. Investors watch for leadership changes and market developments.

The UK's digital leisure market has transformed entertainment consumption, driven by fintech innovations and regulatory excellence, positioning the nation as a global leader in digital-first models.

Generative engine optimisation (GEO) is reshaping digital marketing by prioritising AI-driven strategies over traditional SEO, enabling brands to stand out in an increasingly AI-dominated landscape.

Australian shares fell on Tuesday, with the ASX 200 index down 0.26%, as resource stocks weakened despite gains in technology and healthcare sectors, and a positive session on Wall Street.

SpaceX's shares rise as it joins the Nasdaq-100 index, marking the fastest inclusion in history. Analysts debate the impact on stock value amid limited public float and potential future mergers.

AXT Inc. shares surged due to AI infrastructure demand, new supply agreements, and index reconstitution. Despite bullish analyst sentiment, concerns about valuation and insider selling persist.

TeraWulf Inc. shares surged 18% after announcing a 20-year AI infrastructure lease with Anthropic and selling its stake in a joint venture, marking a strategic shift from bitcoin mining.

The Russell 2000 index fell as large-cap stocks hit record highs, highlighting a divergence driven by economic factors and investor focus on technology. Small-cap stocks remain sensitive to interest rate changes.

The Nasdaq Composite reached a record high, driven by a rebound in AI-related stocks post-Independence Day, amid strong sales reports and upcoming earnings in the semiconductor sector.

The Dow Jones Industrial Average reached a record high, driven by a rebound in technology stocks and positive economic data, despite recent volatility in AI-related shares.

Samsung's Galaxy Z Fold 8 series will debut with a redesigned hinge to reduce the visible crease, featuring two models with distinct designs, and is set to launch at the London Unpacked event.

Sony plans to end physical game disc production by 2028, prompting backlash from gamers who prefer physical media. A survey shows 71% of gamers will miss buying physical games.

In 2026, investors compare Meta and Alphabet's AI strategies, financial results, and stock potential. Meta focuses on advertising and AI hardware, while Alphabet diversifies with cloud and emerging technologies.

Tesla's Cybercab robotaxi, designed for blind passengers, was showcased at the National Federation of the Blind's convention, highlighting features like Braille controls and service animal space.

Vault Minerals' shares surged after Genesis Minerals made a superior takeover bid, challenging an existing merger agreement with Regis Resources and setting the stage for a potential bidding war.

Australian shares opened higher on Monday, with the ASX 200 index gaining despite mixed corporate news and commodity movements, as investors assess interest rate changes and global market conditions.