Nvidia stock loses $130 billion in market value as firm reportedly enters $500 billion AI financing deal
The chip designer’s stock briefly fell more than 3% following a report it was partnering with Wall Street giants like BlackRock on the deal.
The chip designer’s stock briefly fell more than 3% following a report it was partnering with Wall Street giants like BlackRock on the deal.
From aggressive hikes to the first cuts of the cycle, the Reserve Bank’s policy moves have reshaped mortgages, business borrowing and the economy. Below, we break down every rate decision since 2023.
Opinion: AI is tearing up the old SaaS rule book and pushing venture capital towards a barbell of mega-bets and tiny cheques. Australia needs to pay close attention, argues Daniel Petre Venture capital, lazily defined, is capital invested into high-risk and hopefully high-return companies that disrupt tired market sectors with genuinely new products. That’s been […]
As Canva struggles with rising AI bills, Atlassian told investors that Rovo AI usage will impact margins for FY27. But CEO Mike Cannon-Brookes maintains AI is the “best thing” to happen to Atlassian.
Mike Cannon-Brookes handed down what could be a landmark earnings report for Atlassian, with the company swinging from a US$24 million loss a year ago to US$139 million of profit. Key Takeaways Key background It has been a tough year for Atlassian investors – before these earnings, its stock was down 40 per cent over […]
Nine Australian companies have featured in Forbes Asia’s Best Under A Billion 2026, an annual list recognising outstanding small and mid-sized public companies across the Asia-Pacific region. Now in its 25th year, Forbes Asia’s Best Under A Billion recognises companies with a track record of long-term sustainable performance across a variety of metrics. Selected from a pool of more […]
The AI revolution “makes us very optimistic about the future,” billionaire co-founder Alex Karp said.
Strong employment growth, high participation and narrowing gender gaps show Australia’s labour market remains in good health, despite signs of a broader economic slowdown, argues Stephen Koukoulas. Australia’s labour market is in good health. This does not mean it is perfect. Far from it. But considering that perfection in the labour market is as unrealistic […]
The Christopher Nolan flick surpassed IMAX’s single-month box office record by 47%.
The annual Best Under A Billion list highlights 200 best-performing publicly listed small and midsized companies in the Asia-Pacific with revenue under $1 billion.