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  • Aussie Shares Flat as US-Iran Peace Talks Impact Oil Prices and Market Sentiment
    June 21, 2026, 11:18 PM EDT. Australia's share market opened flat with the S&P/ASX200 edging up 0.02% to 8,828.8 amid volatile oil prices tied to US-Iran peace negotiations in Switzerland. Energy stocks fell 0.8% as oil prices eased from overnight spikes linked to geopolitical risks including threats to the Strait of Hormuz. Mining stocks continued a modest sell-off, down 0.5%, while gold prices rebounded near $4,190 an ounce due to a hawkish US interest rate outlook. Financials rose 0.6%, led by CommBank and ANZ, and consumer discretionary stocks improved 0.6%, boosted by Aristocrat. IT stocks dropped 1.7% after WiseTech shares plunged over 12% on reports of a police probe into its co-founder. Inghams fell 5% following detection of H5N1 bird flu in Western Australia, prompting farm lockdowns.

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Cognizant (NASDAQ: CTSH) Slides 10% as Nasdaq-100 Exit Nears

Cognizant (NASDAQ: CTSH) Slides 10% as Nasdaq-100 Exit Nears

22 June 2026
Cognizant shares plunged 10.49% to $43.70, erasing $2.4 billion in equity value—more than its $2 billion 2026 buyback target—after Accenture’s narrowed growth outlook, a Berenberg downgrade, and looming Nasdaq-100 removal, even as S&P 500 and Nasdaq rallied; investors now eye Q2 guidance as the next key test.
Pentagon Could Outpace Tech Giants on Small Nuclear Projects

Pentagon Could Outpace Tech Giants on Small Nuclear Projects

22 June 2026
Valar Atomics’ Ward 250 became the first DOE-authorized advanced reactor built outside a national lab to achieve criticality, signaling a shift as U.S. defense demand accelerates small nuclear deployment, with the Army allocating over $2 billion for microreactors—moving the sector from policy to production and raising near-term demand expectations.
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