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Australian Stocks Tumble As Middle East Tensions And Global Bond Selloff Rattle Markets, ASX 200 Sinks 1%

Australian shares experienced a sharp decline as U.S. military strikes on Iran led to rising oil prices and a global bond market selloff, impacting investor sentiment across various sectors.

William And Kate Head Back To Windsor As Prince George Readies For His First Term At Eton College
The Prince and Princess of Wales return to Windsor as Prince George begins his first term at Eton College, marking a significant transition for the royal family.
GameStop Stock Jumps After Stronger Profit Preview And Cash Settlement Of Convertible Notes
GameStop's shares increased by over 4% following preliminary Q2 results showing higher profits despite lower sales, and amendments to convertible note agreements to reduce share dilution.
Tesla Stock Rises Nearly 5 Percent As Optimus Robot Enters Production At Fremont Factory This Week Today
Tesla shares rose nearly 5% as the company announced the production of its Optimus humanoid robot, highlighting its robotics ambitions amid a declining broader market and ongoing macroeconomic challenges.
Amazon Stock Falls More Than 2 Percent As Renewed US Iran Clash Sends Oil Prices Surging
Amazon shares fell over 2% amid U.S.-Iran tensions and rising oil prices, impacting the company's logistics costs. Despite recent declines, analysts maintain a positive outlook on Amazon's long-term growth.

(VIDEO) John Ternus Officially Becomes Apple CEO Today As Tim Cook Steps Aside After 15 Years At The Helm

John Ternus becomes Apple's CEO, succeeding Tim Cook, as the company faces pivotal product launches and intensifying competition in artificial intelligence.

(VIDEO) Huawei Confirms Mate XT 2 Tri-Fold Phone Launch For September 7 With New Inward Folding Design

Huawei will launch its Mate XT 2 with a redesigned tri-fold mechanism and HarmonyOS 7 on September 7 in China, promising significant advancements in foldable smartphone technology.

Economy in Focus

OpenAI To End Cursor Access To Its AI Models After SpaceX 60 Billion Dollar Acquisition, Citing Musk
OpenAI will end Cursor's access to its AI models following SpaceX's acquisition of Anysphere, citing trust issues with Elon Musk's companies. Developers can still access models via alternative methods.
Elon Musk Backs Coinbase CEO Brian Armstrongs Claim That Charity Is Often A Net Negative For The World
Commonwealth Bank Shares Rise Nearly 2 Percent As Banks Lead ASX Higher On Rate Hike Expectations

More News

Microsoft Stock Climbs Toward 515 Dollars As Nvidia Fueled Tech Rally Meets Fed Chair Warsh Speech
Microsoft's stock continues its upward trajectory, driven by strong AI growth and market optimism, despite volatility and Federal Reserve discussions on inflation and interest rates.
- Dow Rises as Wall Street Awaits Nvidia Earnings and Fed's Jackson Hole Symposium Amid Iran and Canada Tensions
Nvidia Shares Fall 3 Percent To $220 As Traders Fade Post-Earnings Rally After Record Quarter
Nvidia shares fell 3.3% after a strong earnings report, as investors locked in gains. Despite record revenue and earnings, supply constraints and market expectations continue to challenge the company.

Apple Tested A Stubbier Apple Pencil For Its Foldable IPhone, But It Likely Wont Launch, Report Says

Apple tested a specialised Apple Pencil for its foldable iPhone, but concerns over screen damage and design constraints likely prevent its launch alongside the device next month.

World

10 Major Middle East Airports Open Status Today, Ranging From Fully Open Dubai to Limited Kuwait

Middle East airports show mixed operational status amid ongoing regional conflict, with some hubs near full capacity while others face airspace restrictions and reduced airline schedules.