Microsoft commits $25B to Australian AI investment
The Albanese government has formalised a memorandum of understanding with Microsoft (NASDAQ:MSFT), underpinning a $25 billion investment.
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The Albanese government has formalised a memorandum of understanding with Microsoft (NASDAQ:MSFT), underpinning a $25 billion investment.
McPherson's (ASX:MCP) walked back its previous forecast of moderate growth for FY26, stating it no longer expects a year-on-year increase in underlying EBITDA.
Tom Kang, Research Director at Counterpoint, discusses the outlook for SK Hynix as the company reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex this year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.
Greg Calnon, Global Head of Public Investing at Goldman Sachs Asset Management, discusses his outlook for markets and investment strategy. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.
Ampol (ASX:ALD) has lodged a final remedy offer with the ACCC to secure its $1.1 billion acquisition of EG Australia.
Pureprofile (ASX:PPL) reported a strong financial trajectory in its Q3 FY26 business update, headlined by a 17% increase in group revenue.
Santos (ASX:STO) recorded quarterly production of 22.5 mmboe, representing a 1% increase over the previous quarter and a 3% rise a year earlier.
Global Head of Public Investing at Goldman Sachs Asset Management Greg Calnon talks to Bloomberg TV about the resilience of global markets despite an extended closure of the Strait of Hormuz, and suggests that investors are still pricing in a relatively speedy restoration of calm to energy supplies.
Western Australian gold producer Pantoro Gold (ASX:PNR) announced a partnership with private firm Mega Resources.
Sandfire Resources (ASX:SFR) booked an 8% year-on-year decline in copper production, a downturn driven by environmental disruptions.
Temple & Webster (ASX:TPW) said former company executive Susie Sugden returns to lead the digital giant as its next CEO.
Property firm Mirvac (ASX:MGR) has reaffirmed its full-year earnings guidance despite flagging a recent moderation in residential sales.
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