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ASX:DYL.AX 28 January 2026

Australia stock market today: ASX 200 snaps winning streak as inflation jolts RBA rate-hike bets

Australia stock market today: ASX 200 snaps winning streak as inflation jolts RBA rate-hike bets

Australian shares ended lower Wednesday, with the S&P/ASX 200 down 0.09% after inflation data showed annual CPI at 3.8%. Swaps now price a 73% chance of a February rate hike. Electricity prices surged 21.5% over the year. The Australian dollar hovered near 69.9 U.S. cents late in the session.

Stock Market Today

  • Micron, Nvidia Lead Stock Movers Amid Samsung Strike Concerns and Earnings Preview
    May 20, 2026, 7:45 AM EDT. Micron Technology shares rose as industry watchers cite the risk of a strike impacting Samsung Electronics, a key competitor in memory chips. The potential disruption could affect supply chains and market share. Nvidia also climbed, buoyed by investor anticipation ahead of its upcoming earnings report. These movements highlight ongoing volatility in the semiconductor sector, influenced by labor tensions and corporate earnings. Other notable stock actions involved companies like Intel, CAVA, and Keysight, reflecting varied investor responses across tech and consumer sectors.

Latest articles

CAVA Jumps in Pre-Market After New Traffic Data Update

CAVA Jumps in Pre-Market After New Traffic Data Update

20 May 2026
Cava Group shares rose 6.9% in premarket trading Wednesday after the chain reported a 9.7% jump in same-restaurant sales and beat first-quarter earnings and revenue estimates. Net income fell to $23.6 million from $25.7 million a year earlier. The company opened 20 net new restaurants and raised its 2026 outlook for openings and sales growth. Several analysts raised their price targets following the results.
AEP Restores San Angelo Outage as Texas Grid Worries Continue

AEP Restores San Angelo Outage as Texas Grid Worries Continue

20 May 2026
AEP Texas restored power to nearly all Tom Green County customers early Wednesday after a substation equipment failure cut service to about 7,800 in San Angelo Tuesday, local reports said. The outage came as parent company American Electric Power faces scrutiny over surging Texas demand and a $78 billion capital plan. Fewer than five customers remained without power by 6 a.m. CDT, according to the utility’s outage map.
Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

20 May 2026
Meta Platforms began laying off about 8,000 employees, or 10% of its global workforce, early Wednesday as it shifts focus to artificial intelligence, according to Business Insider. Layoff notices went out in waves starting at 4 a.m. PDT, with U.S. staff told to work from home. More than 7,000 employees are being reassigned to AI roles, touching about 20% of staff, Reuters reported. Meta expects 2026 capital expenditures of up to $145 billion.
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