- ASX200 closes 0.86% higher at 6839.20.
- Facebook to reinstate Australian news content.
- Canva acquires two European companies fuelling growth.
The Australian market closed Tuesday?s session 0.86% higher at 6839.20, driven by the miners and energy sector.
Flight Centre is up 6% following the announcement of its partnership with healthcare provider Healius to give travellers easier access to coronavirus-related travel items.
Tech stocks took the biggest plunge, closing nearly 4% lower as Afterpay led the losses, dropping 7.29%.
Bitcoin continues to fall, shedding over 12% in the last 24 hours to trade under US$50,000 at 4pm AEDT. The plummet from an all-time high yesterday over US$58,000 came after Elon Musk tweeted concerns that Bitcoin and Ethereum "seem high".
Making headlines, tech startup Canva has acquired two European companies to fuel its expansion. The acquisition of Kaleido.ai, an Austrian AI startup that removes background from any photo or video, and merchandise design software Smartmockups from the Czech Republic take Canva?s acquisition total to six including Pexels and Pixabay.
Making headlines, Facebook has agreed to reinstate Australian news media content after the Australian Government agreed to last-minute amendments of the news media bargaining code.
And Motional is now testing fully autonomous cars on the streets of Las Vegas. The Hyundai-Aptiv joint venture announced it has tested the autonomous vehicles without a safety driver onboard.