Result Page 4 for Latest Business News & Archive

Applied Digital Stock Jumps 5% as Explosive AI Data Center

Applied Digital Stock Jumps 7% After Top Executives Buy Shares Near 52-Week Low Following AI Sell-Off

Applied Digital shares rose after two senior executives bought stock following a sharp decline, although investors remain focused on the company's debt, financing needs and volatile AI infrastructure market.

Sandisk Stock Rebounds 6% to Snap Seven-Day Losing Streak as Memory Chipmakers Recover From CXMT Fears

Sandisk shares rose more than 6% as memory stocks recovered from a sell-off linked to concerns about Chinese competition, while investors awaited the company's quarterly results.

Cleanaway Shares Soar 20% After EQT Signs Binding Takeover Deal for Australia's Biggest Waste Management Firm

Cleanaway Shares Surge 15% After $9.4 Billion Takeover Offer From

Cleanaway shares rose 20.24% after EQT Infrastructure signed a binding agreement to acquire Australia's largest waste management company for about $6.7 billion, subject to approvals.

Challenger Shares Jump 19% to Eight-Year High After Japan's Dai-ichi Life Unit Makes $11.80 Takeover Offer

Challenger shares jumped nearly 20% after TAL Dai-ichi Life Australia proposed acquiring the annuities provider for about A$7.9 billion, subject to conditions and approvals.

More news

How Simon and Kenneth Ip Built Breadtop into a Major Australian Bakery Empire

Simon and Kenneth Ip grew Breadtop from a struggling 1994 Melbourne cafe into a bakery franchise with more than 70 stores and products supplied to over 100 Coles supermarkets.

Hannah Kim Oct 19, 2026

Australia Wealth Manager Challenger Receives A$7.9 Billion Takeover Proposal from Japan's Dai-ichi Life

TAL Dai-ichi Life Australia has proposed acquiring the remaining stake in Challenger for A$7.94 billion, but the indicative offer still requires due diligence, regulatory clearance and board approval.

Hannah Kim Oct 19, 2026

Apple Store Staff Told to Warn Shoppers There May Be No iPhone Duo Stock for Walk-In Buyers on Launch Day

Apple retail staff have reportedly been told to discourage customers without preorders from seeking the iPhone Duo in stores, as production constraints drive delivery estimates into 2027.

George Anton Oct 18, 2026

OECD Points to Energy Price Shocks as Primary Driver of Persistent Cost-of-Living Pressures

The OECD says higher energy prices are fuelling renewed cost-of-living pressures, weakening purchasing power and threatening global growth despite resilient employment and low unemployment.

Hannah Kim Oct 17, 2026

Meta is killing off CrowdTangle in a crucial election year

Bank of America Says Meta Could Beat Revenue Forecasts as AI Boosts Ads, Despite $10 Billion Legal Charge

Bank of America expects Meta's third-quarter revenue to exceed forecasts as AI improves advertising performance, but a one-time $10 billion legal charge is set to hit earnings.

Scott Lance Oct 17, 2026

McDonald's Boo Buckets Return Oct. 20 With Disney Villains Like Ursula and Maleficent for 40th Anniversary

McDonald's will mark the Boo Buckets' 40th anniversary with five Disney villain designs, including Ursula, Scar and Maleficent, available with Happy Meals from 20 October.

Scott Lance Oct 17, 2026

Meta Shares Slide Again as AI Spending Fears Mount Ahead of Third-Quarter Earnings Report Next Wednesday

Meta shares fell more than 2% as investors assessed rising artificial intelligence spending, broader technology market pressure and the outlook for the company's upcoming quarterly results.

Mike Clair Oct 17, 2026

Microsoft Stock Falls Nearly 2% as AI Rout Weighs on Tech Giants Despite Wave of Price Target Increases

Microsoft shares fell nearly 2% as concerns over inflation, AI infrastructure spending and the company's premium valuation outweighed recent analyst optimism about Azure and enterprise AI demand.

Mike Clair Oct 17, 2026

Hyatt Shares Extend Rally for Second Day as Investors Bet on Resilient Luxury Travel Demand Before Earnings

Hyatt shares have risen about 8% in two sessions as investors assess resilient luxury travel demand, positive analyst views and the hotel group's upcoming earnings report.

IBTimes Newsroom Oct 17, 2026

Alcoa Shares Surge 7% After Third-Quarter Profit Tops Forecasts and Cash Generation Impresses Investors

Alcoa shares rose more than 7% after the aluminium producer exceeded earnings expectations, reported strong cash flow and advanced its planned acquisition of South32 assets.

Tony Jackson Oct 17, 2026

PayPay Stock Jumps Nearly 7% as Japanese Payments Giant Rebounds Ahead of Late-October Earnings Report

PayPay shares rose nearly 7% on Nasdaq, possibly aided by an options expiry, as investors await quarterly results and updates on growth, transactions and financial services.

Mike Clair Oct 17, 2026

Century Aluminum Shares Climb Over 5% as Alcoa Earnings Beat and Tight Aluminum Supply Lift US Producers

Century Aluminum shares rose 5.6% after stronger-than-expected Alcoa earnings and historically low global aluminium inventories boosted sentiment towards US producers ahead of Century's quarterly results.

Tony Jackson Oct 17, 2026

Karman Holdings Shares Extend Rebound With 5% Gain After Space and Defense Supplier Hit a 52-Week Low

Karman Holdings shares rose more than 5% on Friday, extending a two-day rebound after reaching a 52-week low, despite the absence of new company-specific news.

Mike Clair Oct 17, 2026

Independent Bank Corp. Shares Rise Nearly 5% as Rockland Trust Parent Beats Third-Quarter Profit Estimates

Independent Bank Corp. reported third-quarter profit of $89.7 million, beating analyst forecasts as net interest income, margins and commercial lending improved from the previous quarter.

Tony Jackson Oct 17, 2026

Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent

Bank of America Down? Customers Report CashPro, Login and Online Banking Problems in Friday Morning Outage

Bank of America customers reported problems with online banking and CashPro on Friday, but the bank had not confirmed an outage or explained the cause.

Joe Green Oct 17, 2026

iPhone Duo Sells Out in Minutes as Shipping Dates Slip to January 2027 Amid Preorder Frenzy and Tight Supply

Apple's first foldable iPhone sold out within minutes of preorders opening, with delivery estimates extending to January 2027 amid strong demand, limited supply and reported production challenges.

George Anton Oct 17, 2026

Top 5 Removalists in Townsville for 2026: Local and Interstate Movers Residents Turn To, Plus Costs and Tips

This Townsville moving guide profiles five established removalists, outlines estimated costs, explains weather and seasonal considerations, and offers advice for choosing a reliable provider.

Scott Lance Oct 16, 2026

Genesis Energy Shares Fall Nearly 4% on ASX as New Zealand Power Producer Extends Weak One-Year Performance

Genesis Energy shares fell nearly 4% on the ASX despite no market-sensitive announcement, with just 253 shares traded as investors monitored the company's weak annual performance.

Tony Jackson Oct 16, 2026

Viva Energy Shares Surge 8.6% to Lead the ASX 200

Viva Energy Shares Drop 3% as Fuel Refiner Retreats From Two-Year High Despite Strong Middle East Tailwinds

Viva Energy shares fell 3.1% to $3.10 as energy stocks underperformed the Australian market, despite the fuel supplier's strong annual gains and elevated refining margins.

Tony Jackson Oct 16, 2026

Woolworths Supermarket in Baxter, Victoria

Woolworths Shares Jump 4% to Five-Year High as Investors Seek Defensive Stocks Amid Global Market Turmoil

Woolworths shares climbed 4.27% to their highest close in five years as global market volatility, weaker Australian employment data and steady grocery demand supported defensive stocks.

Mike Clair Oct 16, 2026

Sunrise Energy Metals Shares Surge 14% on Critical Minerals Momentum

Sunrise Energy Metals Shares Rebound More Than 12% a Day After Steep Sell-Off Tied to US Listing Plan

Sunrise Energy Metals shares rose 12.4% on Friday after falling 10.4% the previous session, while investors assessed the company's US redomicile proposal and uncertainty over project financing.

Mike Clair Oct 16, 2026

Electro Optic Systems Shares Surge 12.6% as ASX 200 Inclusion

Electro Optic Systems Shares Bounce 8% After Brutal Week as Defense Tech Stocks Recover on ASX Friday

Electro Optic Systems shares jumped 8.43% on Friday, recovering some losses after a 24% weekly decline, while investors monitored its growth, guidance and European expansion plans.

Tony Jackson Oct 16, 2026

10 Nikkei 225 Stocks Analysts Are Watching in 2026 as

Nikkei 225 Rebounds Sharply as Tech Selling Eases After Wall Street Recovery

Japan's Nikkei 225 rose about 1.4% after a sharp sell-off, supported by gains in US markets, lower Treasury yields and recovering technology and semiconductor stocks.

Tony Jackson Oct 16, 2026

Minerals 260 Shares Rise 5.1% as ASX Explorer Extends Remarkable

Minerals 260 Shares Climb Over 7% as Gold Rally Lifts Developer of Bullabulling Project in Western Australia

Minerals 260 shares climbed 7.3% as gold prices rallied, with investors weighing progress at the Bullabulling project and the company's plans to begin production by 2028.

Tony Jackson Oct 16, 2026

Booming ETF Popularity Drives Record Number of Australians to Invest Outside Super and Property

An ASX study says 11.5 million Australian adults now invest outside superannuation and property, with ETFs and digital platforms helping expand participation since 2020.

Hannah Kim Oct 16, 2026

Woolworths Shares Jump 4% to Five-Year High as Investors Seek Defensive Stocks Amid Global Market Turmoil

Woolworths shares climbed 4.27% to a five-year high as investors sought defensive stocks during global market volatility, despite concerns that the rally may be overextended.

Mike Clair Oct 16, 2026

Intel Shares Slide Amid Israel Plant Explosion and Sector Sell-Off

Intel shares fell about 4 per cent after an explosion at its Kiryat Gat plant in Israel injured three people, while inflation concerns pressured semiconductor stocks.

Tony Jackson Oct 16, 2026

Bank of America plans to raise the US minimum wage to $25 an hour by 2025

Bank of America Hired 1,000 Contractors to Patch Software Flaws Exposed by Anthropic's Mythos AI, CEO Says

Bank of America brought in 1,000 contractors to address software vulnerabilities exposed by advanced AI models, as the bank reported hundreds of millions of dollars in related costs.

George Anton Oct 16, 2026

Buy or Sell AMD Stock in 2026? Analysts Bullish on

AMD Shares Fall Sharply as AI Infrastructure Spending Concerns Weigh on Chip Stocks

AMD shares fell more than 5% as hotter-than-expected September inflation and concerns about AI cloud providers' debt raised doubts about the pace of infrastructure spending.

Mike Clair Oct 16, 2026

5 Brisbane Accounting Practices SMEs Rely On Amid Increased ATO Oversight and Reporting Rules in 2026

Brisbane SMEs are increasingly seeking accounting firms that can help manage ATO data-matching, payroll and contractor reporting, record-keeping and broader compliance demands.

Hannah Kim Oct 16, 2026

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