BUSINESS

Intel's shares fell over 4% following a surprise $15 billion stock offering announcement, aimed at funding its chip manufacturing expansion. The move raised investor concerns about potential shareholder dilution.

Investor Ross Gerber proposes a Starlink-powered smartphone to Elon Musk, featuring AI integration and a unique interface, aiming to redefine mobile technology and connectivity.

Archer Aviation's stock rose over 14% following a successful test flight and expanding partnerships, despite ongoing challenges in the eVTOL sector. Investors await the company's upcoming earnings report.

National Energy Services Reunited's Q2 results exceeded expectations, with a 59% revenue increase and net income nearly tripling, driving a 16% stock surge. Strong performance attributed to increased activity in MENA region.

AbCellera Biologics' stock surged over 30% after its menopause drug, ABCL635, showed significant efficacy in a Phase 2 trial, reducing hot flash frequency and severity, with no serious adverse events.

The Dow Jones Industrial Average dipped slightly as investors anticipate corporate earnings and inflation data, following a record close last week. Market sentiment remains cautious amid geopolitical tensions.

South Korea's Kospi Index rose 0.65% as bargain hunters targeted semiconductor stocks, despite foreign investors' continued selling and a weakened won. The Kosdaq outperformed with a 6.97% gain.

CAR Group Ltd's shares rose nearly 10% after reporting a 14% increase in annual profit and raising its dividend, driven by international expansion and new product launches.

Elon Musk plans to integrate Starlink satellite internet into all cars, enhancing connectivity for autonomous vehicles and robotaxis, and overcoming limitations of traditional cellular networks.

Sunrise Energy Metals' shares surged 16.07% after securing a $400 million U.S. loan for its scandium project in New South Wales, marking a significant step in reducing reliance on Chinese mineral supply.

The ASX 200 fell 0.43% on Monday, driven by a bank selloff despite gains in mining and healthcare. Westpac's earnings update disappointed, while Element Fleet Management bid for FleetPartners.

Oil prices remain volatile due to tensions in the Strait of Hormuz, with conflicting signals from Iran and the U.S. affecting market stability and future energy supply expectations.

Berkshire Hathaway's cash reserves decrease under new CEO Greg Abel, indicating a shift in investment strategy with increased stock purchases and buybacks, while maintaining disciplined capital allocation.

Warren Buffett has redirected $6 billion in Berkshire Hathaway shares to family-linked foundations, excluding the Gates Foundation for the first time, amid scrutiny over past associations with Jeffrey Epstein.

Capital One's systems are operational, with no widespread outages detected. Isolated user complaints are likely due to local connectivity issues rather than a systemwide problem.

The Strait of Hormuz remains closed to commercial shipping due to ongoing Iran-U.S. tensions, significantly impacting global energy markets and causing a rise in oil prices.

Elon Musk's net worth climbed back above $800 billion Friday, driven by an 11.7% surge in SpaceX shares that came as part of a broader rally across tech stocks, according to Forbes' real-time wealth tracker.

BMW plans to introduce the affordable iX3 40 and iX3 40 xDrive electric SUVs to the U.S. market in March 2027, expanding its lineup to attract budget-conscious buyers.

Elon Musk primarily drives Tesla vehicles, including the Model S, Model X, and Cybertruck, while his broader collection features unique classics like a James Bond submarine car and a McLaren F1.

Apple may raise iPhone 17 prices due to a global chip shortage, with potential increases expected before the iPhone 18 launch. Analysts suggest a US price hike is imminent.

Leaked images reveal Google's upcoming Googlebook laptops from Lenovo and Asus, featuring AI integration and a new Aluminium OS. The devices aim to redefine the Chromebook category with premium designs.

In 2026, smaller IPOs like Lime and CoreWeave have quietly outperformed, offering investors strong returns amidst a market dominated by high-profile offerings such as SpaceX and SK Hynix.

Microsoft has removed its 32GB RAM recommendation for Windows 11 gaming PCs, opting for software optimisation amid rising memory costs and shifting market dynamics.

Samsung's Galaxy Z Fold 8 has launched, offering confirmed specs and availability, while Google's Pixel 11 Pro Fold remains speculative, with leaks suggesting competitive pricing and features.

Restaurant Brands International's earnings exceeded expectations, driven by Burger King's U.S. turnaround, despite challenges at Tim Hortons and Popeyes. The company's diversified portfolio highlights mixed brand performances.

Coinbase shares rose 4.42% amid a broader crypto rally, driven by weak US jobs data that increased expectations for Federal Reserve rate cuts, boosting investor appetite for riskier assets.

A Melbourne father listed a rare Woolworths collectible on eBay, sparking a bidding war that reached $100 million, only to find the winning bid was a joke, leaving him without a sale.

Twenty One Capital's stock rose 6.89% following a turbulent period marked by leadership changes and strategic shifts. The company aims to stabilise by diversifying beyond bitcoin accumulation.

Elon Musk is investing tens of billions in Tesla, SpaceX, xAI, and a new chip venture, while also resuming large-scale political donations, marking 2026 as a year of significant financial commitments.