BUSINESS

Ora Banda Mining shares fell 3.78% as gold prices weakened amid rising bond yields and interest-rate expectations, despite recent gains following progress on its Waihi underground mine.

Tesla plans to begin shipping Optimus humanoid robots to commercial customers in 2027, but limited production, shifting forecasts and manufacturing challenges cast doubt on the schedule.

EQ Resources shares climbed as record tungsten prices, stronger production and investor backing supported the Australian producer's rapid expansion across mines in Queensland and Spain.

Unusually wet weather across parts of Australia could increase algae, debris and water-quality problems in neglected pools, while experts recommend cleaning, testing chemistry and maintaining filtration through winter.

Telix Pharmaceuticals shares rose 11.26% after the FDA approved Pixclara, its brain cancer imaging drug, extending a rally driven by the regulatory milestone.

The ASX 200 fell to its lowest level since July as Wall Street losses, rising oil prices, AI-related technology volatility and expectations of another RBA rate increase weighed on sentiment.

Salesforce shares gained 3.73% ahead of Dreamforce 2026, where the company is expected to showcase new Agentforce AI agents, its Anthropic partnership and long-term strategy.

Warren Buffett's warning about speculative markets is drawing renewed attention as high valuations, rising oil prices, bond yields, inflation concerns and AI uncertainty unsettle investors.

Yelp shares rose 2.68% to $21.87, but remained near a 52-week low as investors weighed mixed earnings, cautious guidance, AI investments and divided analyst views.

GSK shares climbed after the company reported encouraging clinical trial results for two lung cancer treatments, strengthening its oncology strategy despite mixed analyst views on the stock.

Elon Musk has endorsed Anthropic CEO Dario Amodei's warning about advanced AI risks, even as Musk, Anthropic and OpenAI face scrutiny over their technology investments and IPO plans.

Palantir shares advanced as investors shifted away from AI chipmakers after warnings about frontier model development, while strong commercial growth supported the enterprise software company's outlook.

Sydney Sweeney's provocative Novig campaign has attracted millions of views and widespread discussion, while criticism from athletes raises questions about its impact on the sports prediction platform's reputation.

SanDisk shares fell 5.18% as investors assessed DeepSeek's memory-efficient AI model, renewed calls to slow frontier AI development and the potential impact on future chip demand.

SK hynix ADRs fell 6.3% as investors feared slower frontier AI development could reduce demand for high-bandwidth memory, despite record results and upbeat shipment guidance.

Broadcom shares fell 4.45% as an AI safety debate added to concerns about margin pressure, valuation and the outlook for custom AI chip spending.

Micron shares fell 5.8% alongside other memory stocks as investors weighed potential AI spending risks, semiconductor tariffs and legal concerns ahead of the company's 30 September results.

Intel shares fell 6.4% as calls from prominent AI executives to slow frontier development triggered a global semiconductor sell-off and renewed scrutiny of the company's turnaround prospects.

AMD shares fell 5.94% as renewed calls to slow AI development intensified concerns about infrastructure spending, high valuations, Treasury yields and the outlook for semiconductor stocks.

Nvidia shares fell 3.15% after calls to slow frontier AI development raised concerns about future chip demand, while broader market pressures added to the semiconductor sell-off.

Hewlett Packard Enterprise shares fell 9.6% after Evercore downgraded the stock and an AI-linked market sell-off intensified concerns about valuation, margins and supply constraints.

US stocks opened lower as AI safety warnings from leading executives and surging oil prices linked to Middle East tensions pressured technology shares and broader markets.

Technology stocks fell across global markets after leading AI executives backed a slower development pace, raising safety concerns and prompting investors to reassess lofty valuations.

Japan's Nikkei 225 fell 0.81% to a six-week low as renewed concerns over AI development pressured technology shares, while rising oil prices heightened inflation and interest rate worries.

South Korea's KOSPI fell 3.26% for a third consecutive session, dragged lower by technology stocks as AI spending concerns, rising oil prices and US rate expectations weighed on investors.

Domino's Australia has unveiled a new crave-focused brand platform, a 16-inch New Yorker pizza range, a Coca-Cola partnership and Sydney promotional events.

Tether's USDT led global cryptocurrency trading volume at about $3.76 trillion over 30 days, followed by Bitcoin, USDC, Ethereum and Solana, according to CoinMarketCap.

Charter Hall shares rose 3.81% to $18.81 as Australian equities recovered, while investors weighed strong earnings growth against higher rates and ongoing pressure on property trusts.

Amazon is lifting 2026 capital expenditure to about $220 billion as AWS growth accelerates, placing Andy Jassy's AI infrastructure strategy at the centre of the company's next growth test.