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ASX:PDN.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

  • Barrick vs Kinross Gold: Which Gold Miner Offers Better Investment Potential in 2026?
    May 20, 2026, 9:11 AM EDT. Barrick Mining (B) and Kinross Gold (KGC) are two leading gold producers facing a volatile market after gold prices slid from a record $5,600 an ounce in January to below $4,500 amid inflation and Middle East tensions. Despite the pullback, gold remains up 40% year-on-year. Barrick is expanding key projects like Goldrush, Fourmile, and Lumwana, positioning itself for strong output and cash flow with $7.1 billion liquidity as of Q1 2026. It plans an IPO of its North American assets. This places Barrick as a robust pick for investors seeking growth and risk mitigation. The comparison highlights the importance of project pipeline, financial strength, and geopolitical factors when choosing between these miners in the current precious metals market.

Latest articles

NextNRG Shares Double as Record April Sales Drive Gains

NextNRG Shares Double as Record April Sales Drive Gains

20 May 2026
NextNRG Inc. shares fell to $0.73 in premarket trading Wednesday after doubling Tuesday, as investors reacted to record April revenue of $9.4 million and a 64% jump in gross profit. The company reported just $208,048 in cash at March 31 and is seeking new capital. Net loss for the first quarter widened to $10.8 million despite higher sales. Results are preliminary and unaudited.
GCL Global up after ADATA invests $10M; Nasdaq $1 rule still ahead

GCL Global up after ADATA invests $10M; Nasdaq $1 rule still ahead

20 May 2026
GCL Global Holdings said ADATA invested another $10 million in its 4Divinity unit, bringing total disclosed ADATA commitments since December to $23 million. GCL shares traded at about 80 cents in U.S. premarket, up from Tuesday’s 43-cent close, but still below Nasdaq’s $1 minimum bid rule, which it must meet by Sept. 14.
Analog Devices heads into AI test after record quarter, $1.5 billion deal

Analog Devices heads into AI test after record quarter, $1.5 billion deal

20 May 2026
Analog Devices reported fiscal second-quarter revenue up 37% to $3.62 billion, beating estimates, with adjusted EPS at $3.09. The company forecast third-quarter revenue of $3.9 billion, above Wall Street expectations, and announced a $1.5 billion cash deal to acquire Empower Semiconductor to expand in AI power delivery.
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