Today: 2 May 2026
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ASX:ORG 7 January 2026 - 27 April 2026

Australia Stock Market Today: ASX 200 Falls For Fifth Day As Oil Shock Hits Banks, Origin

Australia Stock Market Today: ASX 200 Falls For Fifth Day As Oil Shock Hits Banks, Origin

Australia’s S&P/ASX 200 fell 20.1 points, or 0.23%, to 8,766.40 on Monday, marking a fifth straight loss as energy, utilities, and banks declined. Origin Energy dropped 5.25% after weaker LNG revenue, while Atlas Arteria jumped on a takeover offer from IFM. Nine of 11 sectors fell. The Australian dollar traded near 71.61 U.S. cents late in the session.
Octopus Energy’s Kraken lands $1bn funding round as spinout plans sharpen

Octopus Energy’s Kraken lands $1bn funding round as spinout plans sharpen

Ontario Teachers’ Pension Plan led a $1 billion funding round for Octopus Energy’s Kraken software unit, valuing it at $8.65 billion. Origin Energy will invest $140 million and keep a 22.7% stake. Octopus will retain 13.7% of Kraken after the planned separation, targeted for mid-2026 pending regulatory approval. Kraken serves over 70 million accounts and reported contracted annual revenue above $500 million.
7 January 2026

Stock Market Today

  • Deterra Royalties Sees Stable Income Amid Thacker Pass Development Progress
    May 2, 2026, 2:32 AM EDT. Deterra Royalties (ASX:DRR) reported steady March quarter cash flows from its core iron ore Mining Area C royalties, despite softer iron ore prices. The company's strong balance sheet supports ongoing development at the U.S.-based Thacker Pass lithium project, funded partly by significant U.S. loans, aiming to diversify future income away from iron ore. However, near-term earnings remain sensitive to iron ore price fluctuations, with net income at A$87.17 million and interim dividends reflecting this dependency. Analysts project Deterra's revenue to decline by 7% annually to A$219 million by 2029, with earnings forecast to fall by A$40.7 million from current levels. Fair value estimates suggest a possible 8% upside to the current stock price, but iron ore market risks continue to influence the company's income mix and investment narrative.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 02.05.2026

2 May 2026
LIVEMarkets rolling coverageStarted: May 2, 2026, 12:00 AM EDTUpdated: May 2, 2026, 2:42 AM EDT Deterra Royalties Sees Stable Income Amid Thacker Pass Development Progress May 2, 2026, 2:32 AM EDT. Deterra Royalties (ASX:DRR) reported steady March quarter cash flows from its core iron ore Mining Area C royalties, despite softer iron ore prices. The company's strong balance sheet supports ongoing development at the U.S.-based Thacker Pass lithium project, funded partly by significant U.S. loans, aiming to diversify future income away from iron ore. However, near-term earnings remain sensitive to iron ore price fluctuations, with net income at A$87.17 million
US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

2 May 2026
Nasdaq 100 futures climbed 0.68% and S&P 500 futures edged up 0.06% in early after-hours trading Friday, while Dow futures slipped 0.48%. The S&P 500 and Nasdaq closed at record highs, driven by first-quarter S&P 500 profit growth of 27.8%, according to LSEG. Oil prices, inflation signals, and upcoming jobs data remain in focus. GameStop shares rose 4% after reports it was preparing an offer for eBay.
McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

2 May 2026
McDonald’s shares fell 2.37% to $286.64 on Friday, underperforming rivals ahead of its May 7 earnings report and a U.S. launch of six new McCafé specialty drinks. The company will begin selling the drinks nationwide on May 6, adding beverage specialist roles at 14,000 restaurants. Investors are watching whether the new drinks and value offers can boost traffic without slowing service or hurting margins.
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