Today: 29 June 2026
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ASX:WES 18 September 2025 - 28 November 2025

Virgin Australia Becomes First Aussie Airline to Embed ChatGPT as OpenAI Lands Wesfarmers Enterprise Deal

Virgin Australia Becomes First Aussie Airline to Embed ChatGPT as OpenAI Lands Wesfarmers Enterprise Deal

Virgin Australia announced a formal partnership with OpenAI on November 28, becoming the first Australian airline to integrate ChatGPT into its flight search and booking systems. The deal includes plans for a Virgin Australia app inside ChatGPT and secure staff access to enterprise-grade AI tools. The same day, Wesfarmers signed a separate enterprise-wide agreement with OpenAI.
Wesfarmers (ASX:WES) Share Price Today, 27 November 2025: Capital Return, GST Debate and Market Outlook

Wesfarmers (ASX:WES) Share Price Today, 27 November 2025: Capital Return, GST Debate and Market Outlook

Wesfarmers shares fell about 1.7% to A$79.20 in Thursday trade, following a strong rally earlier in the week and ahead of a A$1.50-per-share capital return set for 4 December. The company was cited in Western Australia’s GST funding debate and again referenced as a cautionary tale for failed UK retail expansion. Market cap stands near A$90 billion.
27 November 2025
Wesfarmers (ASX:WES) share price: What to know before the ASX opens on 24 November 2025

Wesfarmers (ASX:WES) share price: What to know before the ASX opens on 24 November 2025

Wesfarmers shares closed at A$80.03 on Friday, down 1.36% for the day and about 0.9% over two weeks, with the stock now in the lower half of its 52-week range. Market cap stands near A$90.8 billion, up roughly 16–17% in 2025. The company’s A$1.7 billion capital return and special dividend, approved at the October AGM, will be paid on 4 December. Shares are already trading ex-entitlement.
23 November 2025
Wesfarmers (ASX: WES) Share Price: What Investors Need to Know Before the ASX Opens on 17 November 2025

Wesfarmers (ASX: WES) Share Price: What Investors Need to Know Before the ASX Opens on 17 November 2025

Wesfarmers closed at A$81.13 on Friday, down 0.44%, after reporting record FY25 revenue of A$45.7 billion and net profit of A$2.93 billion. A A$1.50 per share capital return and special dividend are set for 4 December. Shares have gained 20–30% year-to-date but now trade at a price-to-earnings ratio of 35.6x, well above most Australian peers.
16 November 2025
Tech Shockwaves: Gadgets, Breaches, and a New Space Race Unfold

Tech Shockwaves: Gadgets, Breaches, and a New Space Race Unfold

Apple will launch its iPhone 17 lineup, including an ultra-thin iPhone Air, on Sept. 19, with a software fix coming for a camera glitch. Meta introduced $800 Ray-Ban smart glasses with a heads-up display. South Korea’s Lotte Card reported a hack affecting 3 million customers; Australia’s Kmart was found to have misused facial recognition. Workday shares jumped after Elliott Management took a $2 billion stake.

Stock Market Today

  • Sovereign Wealth Funds Shift from Public Markets to Private Investments Amid AI Boom
    June 28, 2026, 7:44 PM EDT. Sovereign wealth funds (SWFs) are reallocating capital away from public stock markets toward private credit and infrastructure to capitalize on the artificial intelligence (AI) growth wave. This shift is driven by concerns over market concentration, where a few large companies dominate public equities, and national security risks tied to public market investments. By increasing exposure to private assets, SWFs seek more diversified and stable returns whilst supporting long-term infrastructure projects. The trend reflects strategic adaptation as governments balance economic returns with geopolitical considerations in an evolving investment landscape.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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