Today: 17 June 2026
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ASX:TLS.AX 23 January 2026 - 5 March 2026

Telstra warns A$7.3 billion spectrum renewal bill could hit mobile prices

Telstra warns A$7.3 billion spectrum renewal bill could hit mobile prices

Telstra has called on the Australian government to lower proposed mobile spectrum renewal fees, arguing the regulator’s A$7.34 billion valuation is about A$4.1 billion above fair value. The company warned higher costs could reduce investment or increase customer prices. ACMA is reviewing feedback after closing consultations in February. Telstra shares fell 0.58% to A$5.18 late Wednesday.
5 March 2026
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Telstra share price slips as spectrum fee fight heats up ahead of results

Telstra share price slips as spectrum fee fight heats up ahead of results

Telstra shares closed down 0.2% at A$4.87 after the company urged Canberra to cap spectrum licence renewals at A$3.9 billion, challenging regulator guidance of up to A$7.2 billion. The Australian Communications and Media Authority is consulting on pricing, with submissions due Feb. 27. Telstra reports half-year results Feb. 19. The S&P/ASX 200 ended 2.7 points lower at 8,867.40.
10 February 2026
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Stock Market Today

  • Hyperscale Data Executive Chairman Acquires 55,000 Shares
    June 17, 2026, 5:56 PM EDT. Hyperscale Data, Inc. Executive Chairman Milton C. Ault III has purchased 55,000 shares of the company's Class A common stock at $0.235 per share, as filed in a Form 4 SEC disclosure. This non-derivative stock acquisition increases his indirect beneficial ownership through Ault & Company, Inc. to 32,750,005 shares. The transaction took place on June 16, 2026. Such insider buying often signals confidence in the company's future prospects.

Latest articles

Arm spikes as Bernstein eyes $500 target on AI CPU demand

Arm spikes as Bernstein eyes $500 target on AI CPU demand

17 June 2026
Arm soared 5.69% to $418.88 after Bernstein hiked its price target to $500, citing a CPU “renaissance” driven by agentic AI and Arm’s power-efficient architecture; the rally comes as investors shift focus from graphics chips to CPUs, but risks remain from supply constraints and a reported FTC probe.
ServiceNow falls as software shares retreat on Fed-rate concerns

ServiceNow falls as software shares retreat on Fed-rate concerns

17 June 2026
ServiceNow plunged nearly 6% to $95.48, extending a two-day slide as investors dumped software stocks after the Fed signaled a more hawkish rate path, even as Benchmark raised its target to $130 and called ServiceNow a top large cap value pick; first-quarter subscription revenue jumped 22% but Middle East deal delays and the Armis acquisition pose risks to 2026 cash flow and margins.
SpaceX slides after Fed selloff hits post-IPO gains

SpaceX slides after Fed selloff hits post-IPO gains

17 June 2026
SpaceX tumbled 5% to close near $192 in its first full-session drop since going public, slipping below Amazon in market value as U.S. stocks fell after the Fed signaled a possible rate hike; volatility surged amid heavy options trading and analyst warnings of overvaluation following a $60 billion equity issue.
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