Grafa News and Videos — Page 530

Aspermont (ASX:ASP) has delayed its positive operating cash flow target to the second half of fiscal year 2027.

Credit Corp (ASX:CCP) cancelled its proposal to acquire 100% of Humm Group (ASX:HUM).

The a2 Milk Company (ASX:A2M) has received Chinese regulatory approval to transition two infant formula registrations at its Pokeno facility.

FDC Construction & Fitout reportedly is targeting a $400 million capital raise for an IPO that would value the company at $970 million.

Australia announced a one-month extension to its fuel excise relief, reducing the rate to $0.16 per litre from July 1 to Aug. 2.

• The Reserve Bank of Australia left the official cash rate target unchanged at 4.35% on June 16 to evaluate earlier interest rate increases.
• Persistent capacity pressures and fuel costs pushed inflation above expectations, linking interest-sensitive equities through uniform borrowing environments.
• Corporate leaders forecast structural cost pressures as global oil disruptions and consumer spending limits challenge forward retail and housing pipelines.

• Kraken’s FIFA World Cup sponsorship coincides with prediction market trading volumes surpassing US$2 billion across football-related contracts. 
• Sports forecasting activity is being concentrated in blockchain-based and regulated event markets, led by Polymarket and Kalshi. 
• Regulatory uncertainty around prediction markets remains the key challenge as platforms expand into mainstream sporting events. 

• Jabil’s Q3 fiscal 2026 revenue reached $8.8 billion, with management signaling strong future demand for AI-native infrastructure and cooling systems.
• The company reported U.S. GAAP operating income of $445 million and core diluted earnings per share of $3.16, as it pivots toward high-speed AI interconnects.
• The broader sector faces a structural shift as contract manufacturers race to expand domestic capacity for power-intensive, liquid-cooled data center hardware.

• Accenture reported $18.7 billion in quarterly revenue, yet its stock fell 13.3% to $143.50.
• The firm recorded $19.3 billion in new bookings and expanded operating margins to 17%.
• Consulting firms face mounting investor pressure to convert enterprise artificial intelligence demand into immediate profitability.

• Gina Rinehart's Hancock Prospecting has acquired a $1.31 billion stake in SpaceX following its initial public offering.
• SpaceX completed its first official day of public trading with a total market valuation of US$2.1 trillion.
• The deal links Australian natural resource exporters directly to the infrastructure requirements of orbital data networks.