COMPANIES

Perenti shares rose 8.8% after the mining services company announced more than A$200 million in drilling and underground mining contracts across three regions.

Megaport shares climbed 9.4% after the company announced A$978.6 million in new AI infrastructure contracts and upgraded its FY27 revenue and EBITDA margin guidance.

Codan shares reached a record high after the company raised its profit outlook, citing exceptionally strong communications demand from conflict regions and continued growth in gold detectors.

Chris Hemsworth has reportedly closed Wild State, the production company he founded in 2022, although neither the actor nor the company has confirmed the shutdown.

Samsung and five affiliates will invest $1 billion in Helix Digital Infrastructure, a KKR-backed platform developing AI data centres, power infrastructure, fibre networks and energy storage.

A comparison of five Sydney migration consultancies highlights their areas of expertise, client feedback and suitability for applicants pursuing skilled, family, student or employer-sponsored visas.

Anthropic's IPO prospectus warns that advanced AI models could cause catastrophic harm, while revealing rapid revenue growth, heavy losses and hundreds of billions in infrastructure commitments.

Nvidia's board approved a record US$150 billion increase to its share buyback programme, as the AI boom boosts the chipmaker's cash flow and investor returns.

Amazon Australia has launched its seven-day Prime Big Deal Days sale, using expanded fulfilment infrastructure to capture early holiday spending and strengthen Prime subscriber loyalty.

MongoDB shares fell nearly 20% after CEO CJ Desai left immediately to join Meta. Former chief executive Dev Ittycheria was appointed interim CEO as the company reaffirmed its guidance.

Intel shares fell 5.6% on Monday after a sharp rally, as selling across AI-linked chip stocks, profit-taking, higher oil prices and rising bond yields pressured the sector.

Nvidia shares rose as the chipmaker announced a record $150 billion increase to its buyback authorisation and launched an open platform aimed at improving AI agent safety.

GameStop shares rose as investors weighed insider buying and Ryan Cohen's continued pursuit of eBay, despite the target's rejection and broader market weakness.

Kodiak Sciences shares surged 143% after the biotech said Zenkuda and tabirafusp-ted met key Phase 3 goals in wet age-related macular degeneration, though full data and regulatory review remain pending.

Amazon is reportedly discussing a sponsorship of the 2027 Invictus Games in Birmingham, but the company and organisers have not confirmed a deal or disclosed financial terms.

Samsung Galaxy Z Fold 8 sales reportedly increased 10% in South Korea after Apple unveiled its foldable iPhone, as price and availability gave Samsung an early advantage.

Chipotle's first Asian restaurant has attracted long queues in Seoul, but competition, pricing and repeat demand will determine whether its Korean expansion becomes a scalable regional model.

Ingenia Communities shares rose after Warburg Pincus increased its non-binding takeover proposal to A$5.25 per stapled security, although the board has not yet recommended the conditional offer.

Meta's Muse AI agent has quickly climbed the US App Store rankings, attracting attention with autonomous tasks while raising questions about privacy, trust, shopping access and long-term demand.

Meta's Muse AI agent has passed 3.4 million downloads and topped the US App Store, but questions over consumer trust, retailer access and sustained usage remain.

Minerals 260 shares fell 10.64% to A$0.84, below the recent A$0.88 placement price, despite stronger gold-sector sentiment and continued development of its Bullabulling project.

Northern Star Resources rejected Gold Fields' A$38.7bn unsolicited proposal, sending its shares higher as investors assessed whether the South African miner might return with an improved offer.

Climate advocates and investors are urging Australia to remove electricity generation's Safeguard Mechanism exemption, potentially imposing carbon costs on coal plants and reshaping power-market economics.

Victorian trailer builder Gorski Engineering and JOST Australia are expanding their 25-year supply partnership, including locally supported axle, suspension, telematics and other heavy-vehicle components.

An analysis of Elon Musk's $25 trillion Optimus forecast finds the figure far exceeds current robotics market projections and would require unprecedented growth over decades.

Nvidia, TSMC, Samsung Electronics and SK Hynix have surged on AI demand, but differ significantly in valuation, supply-chain position, growth prospects and exposure to semiconductor cyclicality.

Microsoft shares rose 3.15% to $513.60 as easing Treasury yields, optimism over Strait of Hormuz negotiations and a recent Stifel upgrade supported a broader technology-market rebound.

Akamai shares rose sharply after Anthropic committed $11.6 billion over seven years for cloud capacity, with a possible $9 billion expansion, despite major capital spending requirements.

Musk's companies are pursuing major 2026 projects involving brain implants, Starship, humanoid robots, autonomous vehicles, semiconductor manufacturing and AI infrastructure, despite significant uncertainty around delivery timelines.