NEWS

Zip shares rose 6.6% to A$1.86, extending their recovery after a fraud-related sell-off, as brokers backed the stock despite ongoing questions about US controls and bad debts.

Neuren Pharmaceuticals shares gained 6.3% as investors focused on potential milestone payments, DAYBUE sales growth, European expansion and upcoming Japanese trial results for trofinetide.

Mesoblast shares jumped 23.4% after quarterly Ryoncil revenue rose 44% to US$28 million and operational cash spending fell 86% to US$2.1 million.

GenusPlus shares rose 4.7% to A$8.41, extending a recovery from their October low despite no new company-specific announcement or clear trigger for the gain.

Lynas Rare Earths shares rose 4.2% after record prices lifted quarterly revenue 55%, despite the result missing expectations and sales volumes falling 17.7%.

The Milwaukee Brewers beat the Tampa Bay Rays 4-1 in Game 5 to win their first World Series, ending a championship drought dating to the franchise's 1970 move.

A small number of iPhone Duo owners have reported cracks and bright lines along the inner display. Teardowns suggest hinge stress, dust and a breakable component may be factors.

Investigators are examining signalling failures, communications problems and possible procedural breaches after a Renfe train struck a stationary Iryo service south of Madrid, killing at least 68 people.

Thierry Henry has defended his conduct as co-host of the Ballon d'Or ceremony, rejecting criticism of jokes directed at Lamine Yamal, Harry Kane and Kate Scott.

Apple says a small number of iPhone Duo foldable phones have developed cracked inner displays. Owners are being advised to contact AppleCare for replacement devices.

At least 68 people were killed when a high-speed Renfe train struck a stationary Iryo service near Urda, south of Madrid, prompting a major rescue operation and investigation.

GameStop shares rose modestly after recent losses as investors weighed Ryan Cohen's proposed eBay takeover, shareholder support, Wall Street scepticism and weakness in the retailer's core business.

Micron shares rose nearly 5% after SK Hynix reported strong results and said demand for high-bandwidth memory used in AI processors could exceed supply through 2030.

Tesla shares fell after rising on speculation about a possible SpaceX merger. Investors are weighing the uncertain deal alongside weak earnings, high valuations and pressure on vehicle sales.

SK Hynix reported record quarterly results, buoyed by AI data-centre demand, and announced a planned 100 trillion won shareholder-return programme for 2026.

Toyota shares fell 1.58% in New York as investors assessed declining profits, weak Chinese sales, tariffs and currency risks ahead of the automaker's half-year results.

Amazon has announced five new and updated Alexa devices, including the Echo Time alarm clock, Alexa Photo Frame, refreshed speakers and the Echo Show 16.

Axogen shares rose nearly 22% after the nerve repair company exceeded third-quarter earnings and revenue expectations, raised its 2026 sales forecast and reported progress on insurance coverage.

Genmab shares rose 16% after encouraging ovarian and colorectal cancer trial results, a JPMorgan upgrade and stronger expectations for its experimental drug pipeline.

Vertiv shares rose nearly 13% after the data-centre equipment maker reported organic orders more than doubling and raised its full-year forecast amid accelerating AI infrastructure demand.

ICON shares climbed nearly 13% after the clinical research company beat third-quarter expectations, reported stronger bookings and expanded its share buyback authorisation to $750 million.

Hayward Holdings shares rose more than 12% after the pool equipment maker exceeded third-quarter expectations, reported stronger profit and raised its 2026 financial outlook.

Meghan, Duchess of Sussex, will appear as a special guest on Junior MasterChef Australia in 2027, mentoring young contestants alongside host Poh Ling Yeow in Melbourne.

A cold-case specialist says investigators should reassess the timeline, evidence and thousands of tips in the search for Nancy Guthrie, who disappeared from her Arizona home in January.

The FDA has classified a recall of Miyoko's salted plant-based butter as Class II after potential yeast, mould and E. coli contamination was identified in one lot distributed across 10 states.

South Korean shares rallied sharply after SK Hynix reported record third-quarter earnings, announced major shareholder returns and said AI-driven memory demand should outstrip supply through 2030.

Japan's Nikkei 225 gained 1.08% after strong SK Hynix earnings lifted AI-related shares, while investors awaited central bank decisions and assessed currency and earnings risks.

Chinese stocks rebounded after two days of losses, led by technology and robotics shares as strong SK Hynix earnings revived regional enthusiasm for artificial intelligence investments.

Portland stayed unbeaten with a 136-129 win over the Lakers, overcoming Luka Doncic's 41 points through accurate shooting, strong rebounding and a decisive fourth quarter.