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ASX:TNE.AX 18 February 2026

Australia stock market today: ASX 200 retakes 9,000 as NAB hits record, BlueScope bid keeps deal talk alive

Australia stock market today: ASX 200 retakes 9,000 as NAB hits record, BlueScope bid keeps deal talk alive

Sydney, Feb 19, 2026, 01:00 AEDT — The session’s finished. Australian shares closed higher on Wednesday, with the S&P/ASX 200 climbing 0.54% to end at 9,007.0, reclaiming the 9,000 mark. National Australia Bank surged to a record on upbeat bank earnings, and tech names led the advance. Materials ended as the lone sector in the red.
18 February 2026
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Stock Market Today

  • Rocket Lab Jumps After Striking $8 Billion Iridium Buyout
    June 29, 2026, 10:59 PM EDT. Rocket Lab Corp. (NASDAQ:RKLB) shot up 15.93% and ended at $98.01 after announcing an $8 billion takeover of Iridium Communications Inc. The combined cash and stock deal puts Iridium's value at $54 a share, 24% over its previous close. Rocket Lab says it's moving to create an integrated space business by adding Iridium's satellite network to its launch services. CEO Peter Beck said the plan is to use Iridium's infrastructure alongside Rocket Lab's production and launch capability to go after more markets and build out space applications. Deal completion is targeted for mid-2027, pending shareholder and regulatory sign-off. Rocket Lab's push into satellite communications comes as the sector keeps consolidating.
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