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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.
19 February 2026
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Stock Market Today

  • NASDAQ Selloff Heightens Uncertainty in AI Sector Ahead of Key Week
    June 9, 2026, 3:28 PM EDT. The NASDAQ composite fell 2.9%, led by a sharp selloff in AI-related semiconductor stocks such as Micron Technology (-7.6%), Marvell Technology (-13.3%), and Advanced Micro Devices (-8.7%). The S&P 500 dropped 1.7% and the Dow Jones fell 0.8%. The volatility follows a week of steep moves, prompting concerns about whether the AI rally will sustain or face a prolonged downturn. Despite easing oil prices, which dropped 2.7% to $91.66 a barrel, tensions remain high over the Strait of Hormuz with geopolitical risks influencing markets. Treasury yields slightly retreated but remain elevated, signaling inflation pressures. Investors await upcoming U.S. inflation data and maintain cautious optimism amid a strong job market and pending major AI IPOs including OpenAI and SpaceX.

Latest articles

Marathon Digital Shares Fall as Bitcoin Move Renews Focus on AI Strategy

Marathon Digital Shares Fall as Bitcoin Move Renews Focus on AI Strategy

9 June 2026
MARA shares plunged 4.3% to $13.19 as bitcoin slipped below $62,000, highlighting that despite efforts to pivot toward AI and data-center infrastructure, the stock remains tightly tied to bitcoin’s price, with recent earnings showing revenue and bitcoin holdings down sharply and ongoing risks if crypto weakness persists.
UiPath Falls Again as AI Stocks Face Selling

UiPath Falls Again as AI Stocks Face Selling

9 June 2026
UiPath shares slid 5% to $10.63 as investors dumped AI-linked tech stocks despite the company posting its first-ever GAAP profit and raising full-year guidance, with market pressure and doubts about rapid AI-driven growth weighing on the stock.
XRP price today: Ripple token bounces as DTCC listing and Iran war headlines steer crypto traders

XRP Price Holds $1.10 as Key Level for Traders

9 June 2026
XRP slid 2.6% to $1.14 as crypto markets lost momentum, leaving the token just above key $1.10 support defended after last week’s four-month lows; traders are watching $1.13-$1.14 as support and $1.15-$1.20 as resistance, with broader risk-off sentiment and weak ETF inflows pressuring prices, while a break below $1.10 could signal further downside.
Ondas Stock Slides as Fresh Share-Resale Filing Tests Drone Rally

Ondas Stock Slides as Fresh Share-Resale Filing Tests Drone Rally

9 June 2026
Ondas Inc. shares fell 6.7% to $9.61 after filing a prospectus supplement for the resale of 2.7 million shares tied to its Omnisys acquisition, raising supply concerns as investors focus on defense orders and recent acquisitions; the block represents about 0.5% of shares outstanding and follows a volatile session with high trading volume.
Bitcoin Holds Focus at $60,000 as Market Watches Key Level

Bitcoin Holds Focus at $60,000 as Market Watches Key Level

9 June 2026
Bitcoin slid 2.8% to $61,683 as U.S. spot bitcoin ETFs saw $91.4 million in outflows and traders eyed Wednesday’s inflation report and next week’s Fed meeting; a break below the key $60,000 technical level could trigger further selling, with ETF redemptions and rate worries keeping buyers cautious.
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