COMPANIES

U.S. stocks opened lower amid surging oil prices linked to U.S.-Iran tensions and anticipation of Apple's product event. Trade disputes and Federal Reserve policy expectations add to market pressures.

Apple is set to launch its first foldable iPhone, the iPhone Duo, at a major event. The device features a dual-display and advanced technology, marking a significant innovation for the company.

Qualcomm partners with Amazon to develop custom silicon and connectivity solutions for AWS's AI infrastructure, boosting Qualcomm's market value and marking a significant move into the AI market.

Austal Ltd. shares rose 7.13% following a non-binding offer for its US shipbuilding operations from Wildcat Resources, highlighting potential strategic shifts and regulatory considerations.

Minerals 260's Bullabulling Gold Project has significantly boosted the company's market value, with shares climbing over 10% as the project progresses towards a final investment decision by 2027.

Apple's 'Surprise and Shine' event will unveil the foldable iPhone Ultra, updated iPhone 18 models, and more. Consumer interest is high, but price expectations may not align with reality.

Tasmea Ltd. shares rose 7.42% to $9.99, driven by its acquisition strategy, including the Maxim Group deal, amid Australia's data center and electrification infrastructure boom.

Broadcom's stock rises following a positive earnings report and increased price target, driven by AI chip partnerships with Google and OpenAI, despite initial investor caution and market volatility.

Oracle's stock rises ahead of its fiscal first-quarter earnings report, with investors keenly watching its cloud infrastructure growth and financial strategy amid concerns over capital spending and debt.

Apple's September event is set to unveil its first foldable iPhone, the iPhone Ultra, alongside other new products like the Home Hub, marking a significant moment under new CEO John Ternus.

Vinted users experienced widespread access issues, with outage reports peaking Tuesday morning. The disruption affected login and app functionality, drawing attention from users globally.

Elon Musk forecasts a future with over a billion robots, AI-driven economic growth, optional human labour, and potential Mars colonisation, highlighting transformative impacts on global economy and human life.

Sandisk shares surged as investors view it as an AI infrastructure stock. With soaring revenues and strategic contracts, the debate remains whether it's a buy or a bet on memory scarcity.

Sunrise Energy Metals' shares soared 20.25% as investors anticipate a final investment decision on the Syerston scandium project, supported by a US$400 million U.S. loan commitment.

Nike's stock has dropped nearly 80% from its 2021 peak, driven by challenges in China, a slow turnaround, and removal from the S&P 100 index, raising concerns about its future growth.

Tesla's Cybercab, featuring Grok voice control, debuts in Austin, offering a driverless ride experience with climate, music, and video controls, marking a step forward in autonomous vehicle technology.

Tesla's Cybercab, a steering wheel-free electric vehicle, starts paid rides in Austin. The launch faces regulatory scrutiny, highlighting Tesla's innovative approach and challenges in autonomous vehicle deployment.

Pokémon Champions aims to preserve classic turn-based battles, focusing on PvP gameplay and expanding its audience. Director Masaaki Hoshino emphasises the game's role in maintaining this traditional style.

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' discusses his $1.2 billion debt strategy and early Bitcoin investment, highlighting the importance of financial education and strategic borrowing.

Lenovo introduces the Yoga Tab Gen 2 and Yoga Tab Plus Gen 2 at IFA 2026, targeting Apple's iPad Pro and Samsung's Galaxy Tab S series with premium features and extended software support.

On Labour Day 2026, major coffee chains like Starbucks and Dunkin' will be open, though hours vary by location. Many restaurants and grocery stores will also operate, but Costco will be closed.

Nintendo has resolved a global ban wave affecting Switch 2 consoles, attributing it to a temporary system fault. The incident raised concerns about piracy enforcement but was quickly addressed.

Uber and Tesla executives foresee a future where private car ownership declines, replaced by autonomous vehicles and shared mobility solutions, reshaping transportation over the next 15 to 20 years.

Sunrise Energy Metals' shares surged following a U.S. government financing commitment for its Syerston scandium project, highlighting its strategic importance in the critical minerals sector.

Australian shares remained flat as energy stocks offset broader caution due to US-Iran tensions and anticipated Reserve Bank rate hikes. The ASX 200 index hovered near breakeven amid global uncertainties.

A landmark feasibility study by CSIRO and partners explores the revival of Australia's textile industry, focusing on domestic cotton and wool processing to enhance economic value and meet consumer demand.

Google users in the US reported widespread service disruptions affecting Search, YouTube, and Google Play. The outages highlight the interconnected nature of Google's services and their global impact.

Influential figures in Elon Musk's circle are investing in psychedelic therapeutics, aiming to integrate drugs like MDMA and psilocybin into mainstream mental health treatments, despite regulatory challenges.

Kia has launched the India-spec Sorento SUV, offering hybrid and diesel options. Positioned above the Carens and Seltos, it targets the competitive premium SUV market with advanced features.