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Micron shares were on track to start trading above $900 on Friday, rebounding as new signs showed memory shortages extending to consumer devices.
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Micron shares were on track to start trading above $900 on Friday, rebounding as new signs showed memory shortages extending to consumer devices.
Marvell stock rose 7.7% in premarket trade to $197.40, before the start of regular U.S. trading hours.
UiPath Inc. faces mixed signals on Friday, as shares have surged but short-term forecasts indicate continued slower sales growth.
Shares of IREN Limited gained 6.1% to $40.59 in premarket trading on Friday, after surging 30.5% to $38.26 on Thursday. U.S. markets had not…
AXT, Inc. shares were quoted at $59.60 ahead of the market open on Friday, up 27.0% from the previous session’s close at $46.94. Nasdaq…
Reddit shares dropped in premarket trade on Friday, slipping to $161 after closing at $178.04 on Thursday, even as the company reported earnings that…
Nokia Oyj gained 3.8%, trading at €8.23 as of 12:01 EEST on Friday. The OMX Helsinki 25 index advanced 0.9%. Shares in Helsinki traded…
Apple Inc. shares lost 7.3% in pre-market trading on Friday. Despite posting record quarterly revenue, investors concentrated on the company’s increasing supply constraints. The…
Intel stock finished Thursday up 11.3% at $91.13. Shares were indicated 5.0% higher at $95.71 as of 04:27 EDT Friday.
Nvidia Corporation gained 2.7% on Thursday, while its clients drew more attention. Investors on Wall Street favored AI investments linked to rapid cloud expansion,…
Kioxia Holdings unveiled an ¥800 billion share repurchase following the market close in Tokyo on Friday. The company projected operating profit for July-September at…
Monolithic Power was quoted at $1,450 at 6:58 p.m. EDT, rising 10.2% compared to Thursday’s closing price of $1,316.18. Regular U.S. trading had finished,…
MARA Holdings, Inc. jumped 17.4% on Thursday as investors reevaluated the company’s power assets for potential use in artificial-intelligence data centers. Bitcoin increased 1.5%.…
Tempus AI dropped 2.6% to $43.15 in after-hours trading on Thursday, following a slight beat for its second quarter and raised full-year revenue outlook.…
Australian shares looked poised to bounce back at the open on Friday, following Wall Street’s surge driven by AI. Futures indicated a reversal of…
Australia's stock market is expected to climb, tracking gains from a rally in U.S. tech stocks. The bigger challenge now lies ahead: the S&P/ASX 200 is trading higher than two stated year-end predictions, and earnings outlooks for sectors other than miners and banks are tightening.
Last updated July 31, 2026 · 08:02 AEST / 00:02 CEST · Market data accurate as of 08:02 AEST
Wall Street provides momentum, though weaker oil prices and lacklustre iron ore result in a mixed outlook for Australian resources stocks.
U.S. technology stands out as a definite positive. Commodity indicators provide less clarity.
A decline in oil prices reduces an inflation threat, though it may pressure energy stocks. Iron ore trading close to US$98 a tonne offers limited new backing for miners ahead of the market open.
The RBA will announce its upcoming decision on August 11 at 14:30 AEST.
Monthly inflation eased from 4.0% recorded in May, with the index for June slipping by 0.1% compared to the previous month. Trimmed-mean inflation for the second quarter stood at 3.6% year on year. Following the data, markets assessed the probability of an August rate increase at 3%, down from 21% earlier.
Consensus estimates for FY26 highlight the importance of August guidance.
With the gap remaining, the index continues to depend on two significant sources of profit. Trading at 19.1 times forward earnings, an overall lift in estimates would benefit the index more than a further increase in the valuation multiple.
Thursday finished with prices confined to a tight band near key housing projections.
These levels serve as reference points, not as a unified market view, due to differing horizons. Dividends are not included in percentage gaps.
No probability has been given. Each scenario hinges on earnings and interest rates.
A decisive move past the 52-week high, supported by upgrades to net earnings, would place the previously published 9,250 checkpoint within reach.
Results largely align with expectations. The index remains in a tight range, with dividends making up a greater portion of the overall return.
Sector downgrades widen and support collapses. The 8,500 level is back in focus as high valuations face renewed pressure.
Futures on Friday indicate a steadier open, rather than suggesting a re-evaluation of value. The index is trading close to its 52-week peak and aligned with stated projections, so any lasting shift is expected to be driven by earnings changes. Miners, industrials, and healthcare appear better positioned, while banks, consumer discretionary, and real estate stocks face more sensitivity to interest rates and remain at higher valuations.
Shares of Reddit Inc. fell 9.3% in after-hours trade on Thursday, despite the company reporting earnings that topped expectations and providing upbeat guidance for…
