ENERGY

Fervo Energy's shares rose over 12% following a major geothermal power supply deal with Google, countering recent investor concerns and highlighting the company's strategic growth in clean energy.

The Genesis GV60 Magma debuts as a high-performance electric SUV, offering thrilling driving dynamics and luxury features, positioning itself as a competitor to European brands like Porsche and BMW.

Paladin Energy's shares rose over 10% following updated resource estimates for its Patterson Lake South project and strong operational results at its Langer Heinrich Mine, amid a robust uranium market.

Aussie Gutter Protection's innovative hardware, including corrosion-resistant screws and brackets, enhances gutter protection by ensuring durability, precision, and efficiency, setting industry standards for safety and reliability.

ERock, Inc. shares surged after reporting a record $1.7 billion backlog and strong revenue growth, driven by AI data center demand. Despite losses, analysts remain bullish on the company's growth potential.

Fermi Inc. shares surged after announcing a 15-year lease with TensorWave at Project Matador, marking a key milestone in its AI infrastructure development, despite recent volatility and legal challenges.

Austal Ltd's shares rose 17% after Hanwha Group offered up to $1.2 billion for its U.S. operations, aiming to expand in American shipbuilding. The deal excludes Austal's Australian assets.

Beach Energy shares rose 5.46% amid a broader rally in oil stocks, driven by rising global crude prices and ongoing tensions in the Strait of Hormuz affecting oil transit.

Santos Ltd shares rose 5.36% amid a broader ASX energy stock rally, driven by rising oil prices and ongoing tensions in the Strait of Hormuz affecting global energy markets.

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 index closed slightly lower, with financials dragging down gains in energy and technology sectors, despite a record-setting week. Oil prices surged due to Iran's Strait of Hormuz proposal.

Caterpillar's shares surged after reporting record Q2 sales, driven by AI data center demand. The company raised its full-year outlook, showcasing its pivotal role in the AI infrastructure boom.

DoorDash has launched its own drone delivery service, DoorDash Air, after receiving FAA approval. The service aims to enhance delivery efficiency and reduce reliance on human couriers.

Viva Energy's shares rose 8.61% after a first-half trading update exceeded expectations, driven by a surge in refining margins. The company also reduced net debt, enhancing financial flexibility.

The ASX 200 index rose 0.45% to 8,933.8 points, driven by easing Middle East tensions, falling oil prices, and strong corporate earnings, despite pressure on energy stocks.

Cleveland-Cliffs shares jumped over 20% following a better-than-expected earnings report and a new $400 million defense contract, signalling potential recovery after recent stock declines.

Australia's ASX 200 index rose 0.39% as mining stocks led gains, supported by a strong session on Wall Street. Energy shares also showed promise amid global oil price surges.

Australia's ASX 200 index saw modest gains as oil prices surged due to US-Iran tensions, while semiconductor stocks faced a global selloff, impacting market sentiment.

Exxon Mobil shares fell amid volatile oil prices and geopolitical tensions in the Middle East, with analysts offering mixed outlooks ahead of the company's upcoming earnings report.

Sunrise Energy Metals' shares surged 13.34% as investor enthusiasm for its Syerston scandium project in New South Wales grows, bolstered by a significant supply agreement with Lockheed Martin.

The ASX 200 fell 0.42% amid rising oil prices and geopolitical tensions in the Middle East, impacting investor sentiment. Mining and technology stocks also faced declines, while a major gold sector merger was announced.

Lazard's analysis shows U.S. natural gas power costs at a 17-year high due to rising demand from data centres and AI infrastructure, highlighting challenges in balancing renewable integration and reliability.

The S&P Energy Select Sector Index rose 2.45% as oil prices increased due to geopolitical tensions in the Middle East, highlighting energy stocks' role as a hedge during uncertainty.

Australian shares fell as the ASX 200 index dropped due to U.S.-Iran tensions and rising oil prices, despite gains in energy stocks. Investors remain cautious amid geopolitical uncertainties.

Santos Ltd shares rose 5.78% as Middle East tensions escalated, boosting oil prices. The company's stock gains reflect broader energy market volatility and ongoing takeover speculation.

Tesla's Q2 vehicle deliveries exceeded expectations, showcasing operational strength. However, investor focus remains on AI and autonomy progress amid heavy spending and regulatory challenges.

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.

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

Tesla's stock rose over 4% as investors showed confidence in its energy storage and autonomous driving innovations, despite industry challenges. The company's global expansion and technology focus drive growth.