BUSINESS

monday.com shares rose over 7% due to strong AI integration and enterprise adoption, highlighting its growth in the collaborative work management market.

Strategy Inc. revises its capital strategy, selling bitcoin for the first time since 2022, authorizing a $1 billion repurchase, and addressing pressures on its preferred stock financing model.

Palantir Technologies' shares surged over 7% due to AI sector momentum, strategic alliances, and political ties, reversing a previous decline. The company's AI partnerships and growth prospects are key drivers.

Elon Musk's recent visit to Tesla's Fremont factory showcased progress on the Optimus humanoid robot, emphasising its potential to transform manufacturing and service industries through advanced AI and robotics.

Figma's stock rose over 8% as investors showed confidence in its AI integrations and enterprise growth, highlighting its role in digital design transformation and collaborative workflows.

Meta Platforms plans to sell its AI computing capacity, entering the cloud market and competing with AWS, Azure, and Google Cloud. This strategic shift aims to monetize its data center investments.

The Nasdaq Composite Index fell 0.77% as investors took profits in tech stocks amid mixed corporate earnings and economic data, highlighting the index's sensitivity to sector dynamics.

The Dow Jones Industrial Average pulled back Wednesday, retreating modestly from its most recent record close as investors locked in profits on semiconductor and AI-related names that had powered one of the strongest first-half performances for U.S. equities in years.

Dubai International Airport has resumed normal operations after a four-month disruption due to regional conflicts, with major airlines reinstating flights and security protocols stabilised.

Australia's fuel crisis, triggered by U.S.-Iran tensions, stabilises after government interventions. The crisis exposed vulnerabilities in Australia's fuel supply chain, prompting calls for increased domestic refining capacity.

Perpetual Ltd rejected a takeover bid from EQT, causing its shares to surge 17%. The offer was deemed inadequate, sparking market speculation about potential future negotiations.

Nvidia and SpaceX, two major players in AI, offer contrasting investment opportunities. Nvidia provides a stable growth path, while SpaceX presents high-risk, high-reward potential. Investor choice depends on risk tolerance.

Australia's ASX 200 fell 0.51% as RBA's hawkish minutes and a gold selloff overshadowed a solid financial year end. The RBA hinted at potential rate hikes amid inflation concerns.

Air Products cancels its Louisiana Clean Energy Project, reallocating resources to core business areas. The decision, reflecting capital discipline, led to a 9% surge in share prices.

Micron Technology's stock experiences volatility despite record earnings and strategic shifts, including long-term contracts and AI partnerships, as analysts debate its future trajectory amidst market uncertainties.

Tesla shares rose 0.65% amid optimism for a sales rebound in Europe and China, following an upgraded delivery forecast from Morgan Stanley, highlighting the company's autonomous driving and robotics ambitions.

Oracle shares rose slightly after a steep decline, driven by concerns over its AI infrastructure investments and debt. The company's future hinges on converting its backlog into profit.

Ford Motor Co. is focusing on hybrids and electrification to strengthen its market position, balancing current demand with future growth while navigating industry challenges and competitive pressures.

Ford is recalling over 741,000 vehicles in the US due to a transmission defect that may cause unintended movement, posing crash risks. Affected models include F-150, Explorer, Expedition, Aviator, and Navigator.

Dell Technologies' stock rose over 2% as the company benefits from strong demand for AI infrastructure, driven by partnerships with chipmakers and robust server sales.

Hesai Group's stock surged 10.69% due to a stock split, new analyst coverage, and a strategic partnership with Mercedes-Benz, highlighting its growth in the lidar technology market.

FuelCell Energy's stock surged 18.21% due to AI-driven electricity demand and strategic deals, despite financial challenges. The company's non-dilutive financing and data center agreements fuel investor optimism.

QuickBooks Online is functioning normally, with minor user-reported issues. Intuit's status page and independent trackers confirm no major outages, highlighting the importance of monitoring for potential disruptions.

AeroVironment's shares rose over 21% following record quarterly revenue and earnings, driven by strong demand for unmanned systems amid global security concerns.

Intuit's stock has faced significant declines due to AI disruption fears impacting its TurboTax business, leading to downgrades and market volatility despite positive earnings and strategic moves.

Abivax shares surged after new trial data eased cancer concerns linked to its ulcerative colitis drug, obefazimod. The data showed reassuring safety and efficacy results, boosting investor confidence.

The Nasdaq Composite Index rose 0.25% on Tuesday, driven by gains in technology stocks amid broader market caution and ongoing investor focus on AI-related shares.

The Dow Jones Industrial Average dipped slightly after a record rally, as investors await key economic data and monitor easing U.S.-Iran tensions. Market focus shifts to upcoming jobs report and geopolitical developments.

Cobram Estate Olives shares surged as investors bet on its growth amid global olive oil supply disruptions. The company's strategic U.S. expansion and market positioning drive optimism despite valuation concerns.