Today: 14 May 2026
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ASX:SUN.AX 19 February 2026

Suncorp share price slips as storm-hit earnings hang over the next ASX session

Suncorp share price slips as storm-hit earnings hang over the next ASX session

Suncorp shares closed down 0.2% at A$15.25 after reporting a sharp fall in half-year profit to A$263 million, hit by higher natural hazard costs and lower investment income. The insurer cut its interim dividend to 17 cents from 41 cents and flagged further buybacks. Suncorp handled over 71,000 claims from nine declared events, costing about A$1.3 billion. Cash earnings missed consensus estimates.

Stock Market Today

  • ASX appoints Euronext veteran Anthony Attia as new CEO
    May 13, 2026, 9:29 PM EDT. ASX Limited has named Anthony Attia, an experienced European exchange executive, as its new CEO starting September 1, 2026. Attia, currently head of primary markets at Euronext, will succeed Helen Lofthouse. His remuneration includes a $2 million base salary and up to $6.3 million in shares. The appointment follows a global search led by Korn Ferry and reflects ASX's focus on technology transformation and market infrastructure. Interim CEO Darren Yip will lead ASX until Attia's arrival. The change occurs amid ASX's major CHESS clearing system upgrade, launched in April during Lofthouse's tenure. ASX chair David Clarke praised Attia's deep industry experience and transformation skills, anticipating growth in the Asia-Pacific capital markets.

Latest articles

Enovix Stock Drops After Q1 Beat as Smartphone Battery Tests Stay Unfinished

Enovix Stock Drops After Q1 Beat as Smartphone Battery Tests Stay Unfinished

14 May 2026
Enovix shares dropped 12.9% to $6.35 after hours Wednesday despite beating first-quarter revenue and adjusted-loss estimates. The decline followed news that smartphone battery qualification remains unfinished, with the company passing 72 of 75 customer tests. Revenue rose 49% to $7.6 million. Enovix cited progress in defense, industrial, and smart-eyewear sales.
Lightwave Logic Stock Jumps as AI-Photonics Bet Heads for a 2027 Production Test

Lightwave Logic Stock Jumps as AI-Photonics Bet Heads for a 2027 Production Test

14 May 2026
Lightwave Logic reported Q1 revenue up 27% to $29,000 and a net loss widening to $6.3 million. Shares rose 14% after the company said it is negotiating a supply and licensing deal for high-volume production in 2027. Four Fortune 500 customers are now in Stage 3 prototyping. Cash and equivalents totaled about $100 million as of May 11.
USA Rare Earth Stock Watch: Q1 Revenue, $1.75 Billion Cash and the China Supply Crunch

USA Rare Earth Stock Watch: Q1 Revenue, $1.75 Billion Cash and the China Supply Crunch

14 May 2026
USA Rare Earth reported Q1 revenue of $5.7 million and a net loss of $67 million, ending March with $1.75 billion in cash after a $1.5 billion PIPE. The company expects to sign documents this month for $1.6 billion in U.S. Commerce Department funding. Texas awarded a $14.18 million grant for the Round Top project. USA Rare Earth agreed in April to acquire Brazil’s Serra Verde for $2.8 billion.
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