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ASX News 26 January 2026 - 29 January 2026

Mineral Resources (ASX:MIN) stock drops 4.5% despite lithium guidance upgrade — what to watch next

Mineral Resources (ASX:MIN) stock drops 4.5% despite lithium guidance upgrade — what to watch next

Mineral Resources shares fell 4.5% to A$60.56 after the company raised its FY26 lithium output forecast. The miner shipped 8.7 million tonnes of iron ore in the quarter and cut net debt to about A$4.9 billion. MinRes warned of a possible non-cash impairment as it reviews acquired assets. A US$765 million lithium deal with POSCO remains subject to regulatory approval.
29 January 2026
BHP share price jumps on record copper — what to watch next for ASX:BHP

BHP share price jumps on record copper — what to watch next for ASX:BHP

BHP shares rose 2.1% to A$51.65 in Sydney, tracking record copper prices after LME copper hit $13,967 a ton. The move came as Australia’s annual inflation hit 3.8%, fueling rate-hike bets ahead of next week’s central bank meeting. BHP lifted its FY26 copper output forecast after record production at Escondida. The company also raised the cost estimate for its Jansen potash project in Canada to $8.4 billion.
29 January 2026
WiseTech Global (ASX:WTC) share price hits 52-week low as inflation shock fuels rate-hike bets

WiseTech Global (ASX:WTC) share price hits 52-week low as inflation shock fuels rate-hike bets

WiseTech Global shares fell 3.8% to A$60.70 in Sydney, hitting a 52-week low as traders braced for a possible Reserve Bank of Australia rate hike next week. Australia’s trimmed-mean CPI rose 3.4% year-on-year in the December quarter. The S&P/ASX 200 closed down 0.09%, with tech stocks leading declines. WiseTech reports half-year results on Feb. 25.
28 January 2026
South32 share price hits a 52-week high on ASX as rate bets shift and metals surge

South32 share price hits a 52-week high on ASX as rate bets shift and metals surge

South32 shares closed up 1.3% at A$4.56 in Sydney, hitting a 52-week high of A$4.59, with 15.35 million shares traded. Australian core inflation rose 0.9% for the quarter, prompting traders to price in a 73% chance of a rate hike by the RBA next week. The S&P/ASX 200 slipped 0.09% to 8,933.9 after the inflation report. Spot gold surged past $5,200 an ounce as the U.S. dollar weakened.
Mineral Resources (ASX:MIN) share price slips after inflation shock as quarterly report looms

Mineral Resources (ASX:MIN) share price slips after inflation shock as quarterly report looms

Mineral Resources fell 0.9% to A$63.41 in Sydney after touching a record A$65.08, ahead of its December-quarter results due Thursday. Rising core inflation pushed expectations for a Reserve Bank rate hike next week, pressuring risk assets. The S&P/ASX 200 slipped 0.09%, led by declines in IT and healthcare. China’s record iron ore imports and volatile lithium prices remain key factors for the miner.
DroneShield share price sinks after ASX cash-flow update; what to watch next for ASX:DRO

DroneShield share price sinks after ASX cash-flow update; what to watch next for ASX:DRO

DroneShield shares fell 5.5% to A$3.95 after the company posted quarterly cash receipts of A$63.5 million and positive operating cash flow of A$7.7 million. Investors weighed unaudited December-quarter figures and the timing of contract deliveries ahead of the full-year audit. The company ended the quarter with A$210.4 million in cash. Next reporting updates are scheduled for February 24.
BHP share price hits new high on ASX as gold tops $5,200 and RBA hike bets build

BHP share price hits new high on ASX as gold tops $5,200 and RBA hike bets build

BHP shares closed up 1.8% at A$50.64, reaching a 52-week high as core inflation in Australia jumped past forecasts, fueling bets on an RBA rate hike next week. The S&P/ASX 200 slipped 0.1%, with gains in resource stocks offset by declines elsewhere. The Australian dollar hit a three-year high above 70 U.S. cents. Traders are watching BHP’s interim results and commodity price swings.
Sandfire Resources share price jumps 3% after Australia Day break; what ASX:SFR investors watch next

Sandfire Resources share price jumps 3% after Australia Day break; what ASX:SFR investors watch next

Sandfire Resources rose 3.4% to A$19.71 Tuesday, nearing its 52-week high as materials stocks led the ASX 200 up 0.9% after the holiday break. The company maintained its FY26 copper output forecast and reported $13 million net cash at year-end. Key events ahead include a Feb. 6 shareholder vote on its Kalkaroo acquisition and half-year results due Feb. 19.
CBA share price rises, but Commonwealth Bank loses ASX top spot to BHP as rate bets build

CBA share price rises, but Commonwealth Bank loses ASX top spot to BHP as rate bets build

Commonwealth Bank of Australia closed up 0.5% at A$150.22, but lost its top spot to BHP after a surge in mining stocks. The ASX 200 rose 0.9% to its highest since October. Traders await Wednesday’s inflation data and the Reserve Bank of Australia’s rate decision on Feb. 3. CBA will report half-year results and announce an interim dividend on Feb. 11.
27 January 2026
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Stock Market Today

  • Travelers Emerges as a Beneficiary in the New AI Customer Trade Shift
    June 11, 2026, 11:53 AM EDT. Josh Brown highlights a shift from AI infrastructure plays to AI customers amid a $700-$900 billion AI infrastructure spend. Travelers (TRV), a leading U.S. property and casualty insurer, stands out by integrating AI to boost efficiency. Partnering with Anthropic, it deployed AI assistants to 10,000 staff, contributing to a 21% underwriting income rise in Q4 2025. Travelers' net income surged 133% from 2020 to 2025, outperforming its peers and the insurance ETF (KIE). While traditional AI infrastructure stocks face correction, Travelers exemplifies the emerging AI beneficiary trend as the market values companies showing AI-driven revenue growth.

Latest articles

Dollarama Shares Rise on Q1 Beat, TSX Retail Names Gain

Dollarama Shares Rise on Q1 Beat, TSX Retail Names Gain

11 June 2026
Dollarama shares surged 8.11% after fiscal Q1 sales and adjusted earnings beat analyst estimates, with comparable-store sales in Canada up 5.6% and international segments showing strong growth; the company maintained its fiscal 2027 guidance and announced a CA$0.1200 dividend, boosting the S&P/TSX Composite Index.
Uber shares dip as regulatory pressure in New York heats up

Uber shares dip as regulatory pressure in New York heats up

11 June 2026
Uber shares fell to $67.90 Thursday, down $0.71, as investors reacted to a new legal battle over New York City’s Local Law 52, which restricts ride-hailing firms from deactivating drivers without just cause; the law is set to take effect July 28 and poses fresh regulatory risks in a key market even as Uber’s growth and analyst sentiment remain strong.
PureCycle Shares Fall After $395 Million Fundraise Raises Dilution Fears

PureCycle Shares Fall After $395 Million Fundraise Raises Dilution Fears

11 June 2026
PureCycle Technologies shares plunged about 16% Thursday after announcing a $395 million capital raise, including 17.66 million new shares at $8.21 and $250 million in 4.75% convertible notes due 2032, with proceeds mainly to repurchase existing 2030 notes; heavy dilution and future conversion risk drove the selloff, with the stock recently at $8.27 on high volume.
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