Today: 28 June 2026
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ASX:TPG 14 November 2025 - 9 December 2025

Westpac’s $7 Billion Windfall Ignites ASX Rally Despite Mining Slump – Nov 3, 2025

ASX Today: Tech Rout and Rate Cut Jitters Wipe $37 Billion from Australian Stock Market – 14 November 2025

Australia’s S&P/ASX 200 closed down 1.36% at 8,634.5 on Friday, its lowest in four months, wiping out about $37 billion in value. Tech stocks led declines after a strong jobs report dashed hopes for near-term RBA rate cuts. TPG Telecom plunged 32% after trading ex-dividend and ex-capital return. More than 80% of ASX 200 stocks fell, with only energy shares finishing higher.

Stock Market Today

  • Apple Volume Surges Amid Memory Cost Concerns and QQQ Pressure
    June 28, 2026, 10:46 AM EDT. Apple Inc. shares surged 3.14% to $283.78 on heavy volume, trading 261.8 million shares-five times its 65-day average. Despite Friday's rebound, Apple lost nearly $209 billion in market value after a week-long 4.8% slide, driven by rising memory and storage costs impacting iPad and MacBook prices. Apple represents 6.8% of the Invesco QQQ Trust ETF, which fell 1.35% due to chip stock sell-offs, offsetting Apple's gains. The company is lobbying for U.S. approval to buy memory chips from a blacklisted Chinese firm to ease cost pressures. Analysts highlight risks from higher memory costs and potential iPhone price increases amid investor scrutiny on demand sustainability and profit margins.

Latest articles

Ondas (NASDAQ:ONDS) drops 15% in volatile week after resale filing

Ondas (NASDAQ:ONDS) drops 15% in volatile week after resale filing

28 June 2026
Ondas Inc. (NASDAQ:ONDS) plunged 15.5% last week to $7.83 despite joining the Russell 3000 Index and announcing $40M+ in new defense orders; a June 26 filing registered 3.38M acquisition shares for resale, equal to 0.64% of shares, setting up a key test of real demand versus supply as index-driven volume fades ahead of the July 3 market holiday.
NVDA selloff drags $74 billion equity stake into spotlight

NVDA selloff drags $74 billion equity stake into spotlight

28 June 2026
Nvidia plunged 8.6% last week to $192.53, wiping out about $443 billion in equity value, as chip stocks suffered their worst week since April and Nvidia’s massive equity investment book added new risk to quarterly results; a further drop to $189.23 would mark a 20% slide from its May high.
AAPL volume spikes as QQQ faces memory squeeze risk

AAPL volume spikes as QQQ faces memory squeeze risk

28 June 2026
Apple (AAPL) surged 3.14% Friday on massive volume after a weeklong slide, but still lost $209 billion in value as memory chip price hikes forced iPad and MacBook increases; investors face margin pressure, supply-chain risks, and a short trading week with Apple now trading more on memory costs than iPhone cycles.
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