COMPANIES

Samsung co-led a $231 million funding round for Dutch startup Euclyd, seeking exposure to AI inference chips, memory-centric architecture and alternatives to Nvidia's market dominance.

Growing businesses can ease operational pressure by automating repetitive workflows, setting clear limits on AI systems and moving infrequently used equipment or inventory into organised external storage.

South Korea's KOSPI rose 1.37% as Samsung Electronics and SK Hynix recovered, though investors remained cautious ahead of the Federal Reserve's interest rate decision and amid geopolitical tensions.

Codan shares climbed 7.5% to $48.94, extending a year-long rally fuelled by record fiscal 2026 results, defence communications demand and renewed growth in Metal Detection.

Beach Energy shares gained 3.45% as Brent crude remained above $107 a barrel, offering relief despite weaker production, operational challenges and a 26% year-to-date decline.

James Hardie shares fell 5.08% on the ASX as rising bond yields pressured highly valued growth stocks, while housing concerns and interest-rate uncertainty continued to weigh on sentiment.

Infratil shares gained 5.5% on the ASX as AI-linked stocks rebounded, with rising CDC Data Centres valuations, contracted capacity and strong growth expectations supporting the investment case.

LeBron James has invested in Southern California birria brand Mike's Red Tacos, which is preparing to open its first Pasadena restaurant and expand through hundreds of franchise locations.

Advanced Micro Devices shares rose 3.48% as semiconductor stocks recovered from Monday's AI-driven sell-off, despite continued uncertainty over spending, interest rates and future demand.

Dell Technologies shares rose 4.68% in midmorning trading after a sell-off, as investors focused on record AI server orders, stronger guidance and a $95 billion backlog.

Forgent Power Solutions reported record fourth-quarter results, with revenue up 94%, bookings soaring 375% and backlog reaching $3 billion as shares gained 10.09%.

Uber CEO Dara Khosrowshahi says savings from 3,300 corporate layoffs will help reduce fares, but the company has provided no targets or timeline for lower prices.

How streaming platforms, social clips, creators, ads, and live chat are reshaping sports coverage money, rights deals, fan habits, and media work.

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.

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

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.

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.

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.