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ASX:BVS 9 February 2026

Australia stock market today: ASX 200 jumps nearly 2% as tech rebounds; Pepper Money spikes on bid

Australia stock market today: ASX 200 jumps nearly 2% as tech rebounds; Pepper Money spikes on bid

The S&P/ASX 200 jumped 1.85% to 8,870.1 on Monday, erasing much of Friday’s losses as tech and real estate stocks led gains. Car Group surged 9.9% after strong results, while Pepper Money soared on a takeover bid. Australian household spending fell 0.4% in December. Traders now await major bank earnings and key U.S. economic data this week.
9 February 2026
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Stock Market Today

  • Reddit Shares Jump 12% on Strong Q1 Ad Revenue Growth
    May 1, 2026, 1:01 PM EDT. Reddit's stock surged 12% after reporting a 74% year-over-year increase in advertising revenue to $625 million in Q1. The company posted earnings of $1.01 per share, surpassing analyst expectations of $0.56, on total revenue of $663 million. CEO Steve Huffman highlighted Reddit's deeply engaged communities as a competitive edge amid rising interest in artificial intelligence. Despite gains, Reddit shares remain down nearly 30% for the year, with investor concerns over user growth amid competition from Alphabet and Meta. Deutsche Bank noted positive early results from AI-driven initiatives to boost engagement, offering optimism for sustained growth.

Latest article

Blackstone Just Put $16 Billion Behind Oracle’s AI Buildout. The Hard Part Comes Next

Blackstone Inc. Creates N1 AI Unit Around OpenAI, Anthropic Bets as Credit Fund Faces Pressure

1 May 2026
New York, May 1, 2026, 13:01 (EDT) Blackstone Inc. is creating Blackstone N1, a San Francisco-based unit to pull together artificial-intelligence and high-growth technology investments, a bigger bet on AI by the New York asset manager as capital keeps flowing toward data centers, power and software platforms. The unit will include parts of Blackstone’s growth, hybrid and perpetual private-equity investing and holdings tied to OpenAI and Anthropic, according to an internal memo reported by WSJ Pro Private Equity. (The Wall Street Journal) The timing matters. AI has moved from a side bet to a core theme for large private-markets firms
Colgate-Palmolive Stock Rises After Earnings Beat. A $300 Million Cost Hit Still Looms

Colgate-Palmolive Stock Rises After Earnings Beat. A $300 Million Cost Hit Still Looms

1 May 2026
Colgate-Palmolive beat first-quarter sales and profit estimates, driven by international growth, while North America volumes fell 3.2%. The company warned of about $300 million in extra raw-material and logistics costs this year due to Middle East conflict. Net sales rose 8.4% to $5.32 billion; shares climbed 3.1%. Colgate lowered its gross profit margin outlook and expanded its cost-cutting program.
Roku Stock Rises After Bigger 2026 Revenue Bet, With One Cost Risk in View

Roku Stock Rises After Bigger 2026 Revenue Bet, With One Cost Risk in View

1 May 2026
Roku raised its 2026 platform revenue forecast to nearly 21% growth, or about $5.0 billion, after first-quarter advertising and subscription sales beat expectations. Shares climbed 4.2% Friday, with the stock up 10% in after-hours trading. Platform revenue rose 28% to $1.13 billion, while devices revenue fell 16%. Rising memory costs remain the main risk for the second half.
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