Rivian Automotive (NASDAQ:RIVN) shares fall 9.6% as software gains help balance vehicle losses
Rivian Automotive, Inc. dropped 9.6% on Friday, even after surpassing revenue estimates for the second quarter. The move was driven by concerns over the…
All coverage
Rivian Automotive, Inc. dropped 9.6% on Friday, even after surpassing revenue estimates for the second quarter. The move was driven by concerns over the…
Amazon’s surge on Friday was driven by factors beyond AWS’s 37% growth. The cloud division accounted for $6.46 billion of the $8.29 billion rise…
Oracle Corporation ended Friday’s session at $129.87, rising 1.8%. The stock advanced 12.9% over the week. In after-hours trading, shares slipped 0.5% to $129.25.
Shares of Integer Holdings ended Friday up 20.2% at $121.21, after a report surfaced about a potential KKR acquisition valued around $127. The stock…
The Dow Jones Industrial Average ended Friday up by 277.68 points, closing at 52,485.74 after regular trading wrapped up at 4 p.m. EDT. The…
Shares in Linde plc dropped 5.9% to $478.70 on Friday, erasing approximately $14 billion from its market capitalisation. The decline followed second-quarter results that…
Shares of Live Nation declined by 5.4% on Friday even after reporting stronger-than-expected quarterly revenue. The drop renewed scrutiny on Ticketmaster’s business model and…
MARA Holdings, Inc. declined 2.7% on Friday afternoon. Bitcoin dropped 2.5%, and two leading mining peers posted larger losses. The smaller drop comes after…
Tesla stock gave up much of a 2.7% initial gain on Friday, trading at $309.38 as of 10:49 a.m. EDT. U.S. markets were still…
Microsoft increased its market capitalization by almost $450 billion on Thursday, marking a new record. Meta Platforms saw an estimated drop of approximately $120…
TeraWulf Inc. ended Thursday's session up 18.1% at $17.82 after receiving federal clearance for its acquisition of a Maryland power plant, providing a fresh…
Australian shares looked poised to bounce back at the open on Friday, following Wall Street’s surge driven by AI. Futures indicated a reversal of…
Australia's stock market is expected to climb, tracking gains from a rally in U.S. tech stocks. The bigger challenge now lies ahead: the S&P/ASX 200 is trading higher than two stated year-end predictions, and earnings outlooks for sectors other than miners and banks are tightening.
Last updated July 31, 2026 · 08:02 AEST / 00:02 CEST · Market data accurate as of 08:02 AEST
Wall Street provides momentum, though weaker oil prices and lacklustre iron ore result in a mixed outlook for Australian resources stocks.
U.S. technology stands out as a definite positive. Commodity indicators provide less clarity.
A decline in oil prices reduces an inflation threat, though it may pressure energy stocks. Iron ore trading close to US$98 a tonne offers limited new backing for miners ahead of the market open.
The RBA will announce its upcoming decision on August 11 at 14:30 AEST.
Monthly inflation eased from 4.0% recorded in May, with the index for June slipping by 0.1% compared to the previous month. Trimmed-mean inflation for the second quarter stood at 3.6% year on year. Following the data, markets assessed the probability of an August rate increase at 3%, down from 21% earlier.
Consensus estimates for FY26 highlight the importance of August guidance.
With the gap remaining, the index continues to depend on two significant sources of profit. Trading at 19.1 times forward earnings, an overall lift in estimates would benefit the index more than a further increase in the valuation multiple.
Thursday finished with prices confined to a tight band near key housing projections.
These levels serve as reference points, not as a unified market view, due to differing horizons. Dividends are not included in percentage gaps.
No probability has been given. Each scenario hinges on earnings and interest rates.
A decisive move past the 52-week high, supported by upgrades to net earnings, would place the previously published 9,250 checkpoint within reach.
Results largely align with expectations. The index remains in a tight range, with dividends making up a greater portion of the overall return.
Sector downgrades widen and support collapses. The 8,500 level is back in focus as high valuations face renewed pressure.
Futures on Friday indicate a steadier open, rather than suggesting a re-evaluation of value. The index is trading close to its 52-week peak and aligned with stated projections, so any lasting shift is expected to be driven by earnings changes. Miners, industrials, and healthcare appear better positioned, while banks, consumer discretionary, and real estate stocks face more sensitivity to interest rates and remain at higher valuations.
Shares of GlucoTrack jumped as Lōkahi Therapeutics proposed an easier pathway for LT-100. The fully owned subsidiary is seeking approval for a single subcutaneous…
Keel Infrastructure Corp. rose 29.8% to $4.1264 as of 1:01 p.m. EDT. Trading volume climbed to 43.9 million shares, approaching its 65-day average by…
Nuwellis shares surged over 100% in early Nasdaq trading on Thursday, with the stock last quoted at $4.35, marking a gain of 130.2%. Trading…
Vanguard S&P 500 ETF rose over 1% early Thursday. Despite the recovery, the main takeaway from Wednesday stands. The decline was largely due to…