Stocks

NEXTDC Plans A$2.2 Billion Capital Raise Amid Data Centre Demand Surge

NEXTDC aims to raise A$2.2 billion to meet rising demand for data centres, with significant backing from investors.

Read article

SK Hynix Starts Mass Production of Memory Module for Nvidia's AI Chip

SK Hynix has begun mass production of a new memory module for Nvidia's Vera Rubin AI chip, enhancing server efficiency.

National Australia Bank Increases Credit Provisions Amid Middle East Conflict

National Australia Bank raises credit provisions due to Middle East tensions, forecasting significant charges.

Viva Energy Shares Drop After Geelong Refinery Fire

Viva Energy's stock fell over 6% following a fire at its Geelong refinery, impacting production capacity.

Eli Lilly in Talks to Acquire Kelonia Therapeutics for Over $2 Billion

Eli Lilly is close to acquiring Kelonia Therapeutics, a biotech firm focused on cancer treatment, for more than $2 billion.

Wall Street Futures Dip Amid Rising US-Iran Tensions

US stock futures fell as geopolitical tensions with Iran escalate, impacting market sentiment and oil prices.

Russian Stocks Close Lower; MOEX Russia Index Remains Steady

Russian equities dipped at the close of trading, with the MOEX Russia Index showing no change.

Saudi Arabia's Tadawul All Share Index Declines 0.78% Amid Sector Losses

Saudi Arabia's stock market closed lower, driven by declines in key sectors like Petrochemicals and Real Estate.

Analysts Make Key Moves on Google and Tesla Stocks This Week

Analysts have made significant updates regarding Google and Tesla, highlighting their potential in AI and EV markets.

Wall Street Analyst Upgrades and Downgrades: Key Takeaways

This week, analysts made significant changes to their ratings on Starbucks, General Motors, and SolarEdge.

Record Stock Market Highs Mask Temporary Profit Drivers

The S&P 500 hits a record high, but its valuation relies on fleeting profit sources like AI and energy.