ASX set to fall as Wall Street slumps on inflation report; Anthropic targets $2 trillion valuation

Trump made the announcement as his own close relationship with Jensen Huang came under renewed scrutiny.

Financial advisers are channelling money into a sector that ASIC has accused of being home to some operators that use hidden fees and shift investor cash around.

NextDC boss Craig Scroggie said he was sorry residents felt they had been left behind by his plans to build a major AI data centre in West Footscray.

Australia’s sharemarket has ended the day higher after strong performances from mining and energy stocks helped counterbalance broader weakness.

Critica Ltd has achieved high gallium and scandium extractions at its Jupiter rare earths project, unlocking potential value not yet included in its $2B scoping study.

TMK Energy has lifted gas output 11 per cent to a monthly record in Mongolia, as acceptance of its gas discovery declaration opens a path to a 30-year production licence.

Dalaroo Metals has nailed a 13m zone grading 2.67g/t gold, 1.25km along strike from its recent high-grade discovery in West Africa, opening up a possible new mineralised system.

Described as being like a “suit with a sneaker”, the new Singapore Airlines’ seat has garnered a frosty public reception.

Forrestania Resources has upgraded its WA British Hill gold resource by 35% to 286,00oz after hitting 16m at 5.77g/t, while signing a separate 750,000-tonne ore purchase deal.

Beetaloo Energy has locked in a critical Retention Licence over its Carpentaria gas discovery, securing tenure as it advances its NT pilot project towards first gas sales.

The “blue tsunami” that hit Donald Trump sent shockwaves through Wall Street. But there may be a bright side to the sharemarket turmoil.

ANZ’s bottom line benefited from cost-cutting while its asset quality remained relatively stable.