Today: 21 May 2026
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ASX:XRO 3 February 2026 - 9 April 2026

Australia Stock Market Today: ASX 200 Ends at Five-Week High as Banks Offset Tech Rout

Australia Stock Market Today: ASX 200 Ends at Five-Week High as Banks Offset Tech Rout

The S&P/ASX 200 closed up 0.2% at 8,973.20 on Thursday, a five-week high, led by gains in banks while tech shares slumped. Bendigo and Adelaide Bank surged 9.5% after reporting higher earnings and job cuts. Energy stocks rose as oil rebounded, but trading volumes stayed below average. Investors remained cautious amid ongoing Middle East tensions and uncertain oil supply routes.
9 April 2026
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Xero share price jumps as ASX tumbles — what to watch before the next trade

Xero share price jumps as ASX tumbles — what to watch before the next trade

Xero shares rose 2% to A$80.46 on Wednesday, bucking a 1.94% drop in the S&P/ASX 200. New company data showed U.S. small-business sales growth slowed to 0.9% in the December quarter, while late payments improved. Xero rolled out a new developer fee model and barred API data use for AI training. Investors await Xero’s full-year results on May 14 amid rate and oil market uncertainty.
4 March 2026
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Xero share price jumps nearly 9% as ASX tech rebounds — May results now in focus

Xero share price jumps nearly 9% as ASX tech rebounds — May results now in focus

Xero shares closed up 8.6% at A$82.30 on Thursday, leading gains in Australian tech after Nvidia’s strong results. The S&P/ASX 200 technology index rose 4.7%, helping the broader market hit a record intraday high. Xero reported Australian small business sales rose 6.7% in the December quarter. Inflation held at 3.8% in January, keeping rate hike expectations in focus.
26 February 2026
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ASX 200 ekes out a gain as tech snaps back; miners slide on iron ore

ASX 200 ekes out a gain as tech snaps back; miners slide on iron ore

The S&P/ASX 200 closed up 0.22% at 8,937.1, lifted by a tech rebound as WiseTech surged 12.8% and Xero rose 7.5%. Rio Tinto dropped 4.1% and Fortescue fell 4.7% as iron ore prices stayed below $100 a tonne. Investors await the Reserve Bank of Australia’s February meeting minutes and key labour data later this week.
16 February 2026
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Xero share price (ASX:XRO) ends lower as tech rout grinds on; what investors watch next week

Xero share price (ASX:XRO) ends lower as tech rout grinds on; what investors watch next week

Xero closed Friday down 0.4% at A$81.76, near last week’s low, as software stocks slumped. The S&P/ASX 200 Tech Index was set to end the week down about 12%, hitting levels last seen in December 2023. Global tech shares also fell, with nearly $1 trillion in value erased from U.S. software stocks since Jan. 28. Investors await fresh rate and inflation signals next week.
8 February 2026
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Xero share price ends lower as AI disruption fears keep ASX tech under pressure

Xero share price ends lower as AI disruption fears keep ASX tech under pressure

Xero shares closed down 0.4% at A$81.76 Friday after plunging 16% midweek, their steepest drop since 2013. The selloff followed fresh AI launches from Anthropic and investor concerns over software pricing power. Xero said over two million subscribers use its AI tools and expects Melio to reach breakeven in H2 FY28. WiseTech Global fell 4.7% as software stocks faced continued pressure.
6 February 2026
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Xero share price steadies after 16% rout as investors weigh AI pitch and Melio timeline

Xero share price steadies after 16% rout as investors weigh AI pitch and Melio timeline

Xero shares closed up 1.6% at A$82.09 Thursday, recovering some ground after a 15.9% plunge Wednesday. The rebound followed Xero’s announcement of its AI roadmap and U.S. payments push with Melio. Investors are watching if gains hold ahead of Xero’s May 14 earnings. Australia’s tech sector saw sharp declines this week amid concerns over AI’s impact on software firms.
5 February 2026
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Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia’s S&P/ASX 200 closed up 0.8% at 8,927, lifted by miners and energy stocks as materials surged 3.6%. Technology shares plunged, with Xero down 15.9% and WiseTech Global off 10.7%. The Reserve Bank raised rates by 25 basis points to 3.85%, its first hike in two years. Neuren Pharmaceuticals entered a trading halt.
4 February 2026
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Xero share price jumps on AI push and fresh US payments numbers — here’s what investors watch next

Xero share price jumps on AI push and fresh US payments numbers — here’s what investors watch next

Xero shares rose 2.6% to A$96.10 after an investor briefing outlined AI and U.S. payments plans. The company expects Melio to reach adjusted-EBITDA breakeven by H2 FY28. BillPay payments revenue jumped 74% to NZ$158 million in FY25, while U.S. gross margin slipped to 38%. Xero will update its guidance framework with full-year results on May 14.
3 February 2026
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Stock Market Today

  • Ralph Lauren Q1 CY2026 Earnings Beat Estimates, Shares Surge
    May 21, 2026, 9:45 AM EDT. Ralph Lauren (NYSE:RL) reported Q1 CY2026 revenue of $1.98 billion, surpassing analyst estimates by 7%, with a 16.6% year-on-year increase. Adjusted earnings per share (EPS) stood at $2.80, beating forecasts by 10.1%. Operating margin remained stable at 9.5%, while free cash flow margin improved to 4.7% from 2.5% a year prior. Despite recent growth slowing to 10.6% annualized over two years compared to a five-year 13% CAGR, sales in constant currency rose 12.1%. Analysts anticipate a 4.1% revenue rise for the next 12 months, signalling a potential slowdown amid shifting consumer preferences in the discretionary sector. Market capitalization is $19.93 billion. Ralph Lauren's mixed outlook prompts caution despite strong initial results.

Latest articles

Stellantis Launches $70 Billion Overhaul With Focus on Jeep, Ram, China

Stellantis Launches $70 Billion Overhaul With Focus on Jeep, Ram, China

21 May 2026
Stellantis announced a €60 billion, five-year plan Thursday, focusing investment on Jeep, Ram, Peugeot, Fiat, and its commercial vehicles. Shares dropped over 5% in early European trading after the announcement. The company aims to launch over 60 new vehicles by 2030 and cut development cycles to 24 months. CEO Antonio Filosa is targeting 25% North American revenue growth and €6 billion in annual cost reductions.
Nike stock climbs but analysts hold back on turnaround calls

Nike stock climbs but analysts hold back on turnaround calls

21 May 2026
Nike shares climbed 3.4% to $44.07 Wednesday as falling oil prices and lower U.S. Treasury yields boosted consumer stocks. Nike reported flat quarterly revenue at $11.3 billion, with direct-to-consumer sales down 4% and net income down 35%. The company plans to launch a Google Gemini-powered shopping feature in June. Nike’s global footwear market share slipped to 22.9% in 2025, while Adidas gained, Reuters said.
Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion shares react to $100 million quantum funding news in Washington

21 May 2026
Infleqtion shares rose 5.1% premarket Thursday after the U.S. Commerce Department signed a preliminary $100 million funding letter for its neutral-atom quantum computing project, which would also give the government stock in the company. The proposed award, not yet final, is contingent on milestones and approvals. INFQ last traded at $11.18 before the New York open. D-Wave and Rigetti also saw premarket gains.
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