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ASX:CAT 21 November 2025

Westpac’s $7 Billion Windfall Ignites ASX Rally Despite Mining Slump – Nov 3, 2025

Australian Stock Market Today: ASX 200 Sinks 1.6% as Miners and Banks Lead $40bn Sell‑Off (21 November 2025)

The S&P/ASX 200 closed down 1.6% at 8,416.5 on Friday, erasing nearly $40 billion in value as global tech losses and strong US jobs data spurred heavy selling. Materials and energy stocks led declines, with BHP, Rio Tinto, and Fortescue off 3–3.5%. The index has dropped about 7–8% since its October record. Only consumer staples finished higher.
21 November 2025
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Stock Market Today

  • Markets Jitter Over Iran Conflict, AI Bubble Risks, Fed Rate Hikes, and SpaceX IPO
    June 8, 2026, 6:02 AM EDT. Markets face heightened volatility as renewed Iran-Israel tensions raise geopolitical risks. Strong U.S. jobs data suggest the Federal Reserve may hike interest rates further, dampening growth prospects. Recent weak guidance from Broadcom signals a potential AI tech bubble burst, triggering a tech selloff. Adding fuel, SpaceX's highly anticipated IPO could prompt investors to raise cash, potentially increasing market turbulence. Futures on the Dow, S&P 500, and Nasdaq all declined slightly, while oil prices surged over 2.5%, reflecting geopolitical concerns. Investors remain cautious as upcoming inflation reports may influence future Federal Reserve policy and market direction.

Latest articles

Asia Markets: Kospi Selloff Hits AI Shares in Region

Asia Markets: Kospi Selloff Hits AI Shares in Region

8 June 2026
South Korea’s KOSPI plunged 8.3%—triggering circuit breakers—as investors dumped AI chip stocks like Samsung Electronics (-10.2%) and SK Hynix (-7.7%) amid surging oil prices and revived Fed rate-hike bets, exposing Asia’s heavy reliance on a handful of tech giants and raising fresh risks for crowded trades.
Keel Stock in Focus Monday After $400M AI Debt Raise

Keel Stock in Focus Monday After $400M AI Debt Raise

8 June 2026
Keel Infrastructure shares rose 3.1% to $5.29 in pre-market trading after pricing an upsized $400 million convertible note deal to fund AI data-center expansion, partially recovering from Friday’s 13.5% drop driven by dilution concerns; the company aims to use proceeds for equipment deposits and hedging, with investors watching for future lease signings as the next key milestone.
MPS Shares Surge After Intesa Launches €30.6 Billion Offer

MPS Shares Surge After Intesa Launches €30.6 Billion Offer

8 June 2026
Banca Monte dei Paschi di Siena shares soared 10.91% to 9.921 euros after Intesa Sanpaolo launched an unsolicited €30.6 billion cash-and-share bid, offering a 12.5% premium and triggering takeover rules that block MPS from merging with Banco BPM without shareholder approval, as investors weigh regulatory hurdles, branch disposals, and the fight for control of key Italian financial assets.
Hyperscale Data Stock Faces 21-Cent Deadline After Friday’s 25% Slide

Hyperscale Data Stock Faces 21-Cent Deadline After Friday’s 25% Slide

8 June 2026
Hyperscale Data’s $0.21/share buyback offer sits 39% above Friday’s $0.1510 close, with the tender expiring late Monday and covering up to 5.1% of shares; the company cites a “material disconnect” with net book value at $0.26/share, while ending its ATM stock-sale program and holding $51.8M in Bitcoin as of May 31.
Zealand Pharma Shares Sink 25% After Trial Results

Zealand Pharma Shares Sink 25% After Trial Results

8 June 2026
Zealand Pharma shares plunged 26.02% to 241.40 Danish crowns after investors focused on a 19% discontinuation rate for Boehringer’s obesity drug survodutide in the SYNCHRONIZE-1 trial, far higher than the 2.9% for placebo, despite strong fat-loss data, making the stock the worst performer on Europe’s STOXX 600 in early trade.
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