Esteban Tesson

APA Strengthens Alaska Position with Acquisition of Savant Alaska

APA has announced the acquisition of Savant Alaska for approximately $70m to bolster its presence on Alaska's North Slope. The transaction notably includes the Badami oil facilities, which possess a production capacity of approximately 40,000 barrels per day, along with strategic transportation infrastructure designed to support the group's future development in the region.

11 June 2026 at 03:39 am AEST

Amazon secures $17.5bn to fund AI expansion

Amazon has secured a $17.5bn credit facility from a banking consortium including Citibank, BofA Securities, JPMorgan Chase, HSBC and Wells Fargo. According to a filing dated June 8, these funds are earmarked for general corporate purposes as the company ramps up investment in the infrastructure required for artificial intelligence development.

11 June 2026 at 01:16 am AEST

Amazon secures $17.5bn to fund AI expansion

Amazon has secured a $17.5bn credit facility from a banking consortium including Citibank, BofA Securities, JPMorgan Chase, HSBC, and Wells Fargo. According to a filing dated June 8, these funds will be used for general corporate purposes as the company ramps up investment in the infrastructure required for artificial intelligence development.

11 June 2026 at 01:00 am AEST

Trump Promises Retaliation After U.S. Helicopter Downed Near Strait of Hormuz

Donald Trump has asserted that the United States will respond after accusing Iran of shooting down an American Apache helicopter on a patrol mission over the Strait of Hormuz. In a post on Truth Social, the President indicated that both pilots were rescued without injury but maintained that a U.S. reaction was necessary. However, he provided no specific details regarding the nature of the measures being considered.

10 June 2026 at 04:30 am AEST

Wall Street Rebounds as Tech Stocks Wake Up

U.S. markets regained their footing on Monday following the sharp correction seen at the end of last week. Driven by a recovery in technology stocks, and semiconductors in particular, the S&P 500 and the Nasdaq 100 finished in the green, while the Dow Jones remained slightly behind. The S&P 500 rose 0.3% to close at 7,405.7 points. The Nasdaq 100 posted the best performance of the session with a gain of 1.58% to 29,414.2 points, while the Dow Jones shed 0.16% to finish at 50,708 points.

09 June 2026 at 06:22 am AEST

Federal Judge Blocks $100,000 Fee on H-1B Visas

A federal judge in Massachusetts has struck down a measure introduced by Donald Trump that required employers to pay a $100,000 fee for each H-1B visa application. In his ruling, Judge Leo Sorokin found that the policy violates the Administrative Procedure Act, which governs the actions of federal agencies. He further determined that the levy constitutes a de facto tax, noting that Congress never granted the executive branch the necessary authority to create such an imposition.

09 June 2026 at 04:55 am AEST

Intel gains ground on Google and Nvidia in AI chip manufacturing

Intel could receive a major boost from Google for its foundry business. According to The Information, the group has reportedly secured an order for over three million Tensor Processing Units (TPUs) scheduled for production in 2028. The report also indicates that Nvidia is exploring the use of Intel's manufacturing technologies for a future processor integrating four graphics chips, although no formal agreement has been reached yet. This news provided strong tailwinds for Intel shares, which surged by over 12% on Monday.

09 June 2026 at 01:35 am AEST

Intel Gains Ground on Google and Nvidia in AI Chip Manufacturing

Intel may be poised for a significant boost from Google in its foundry business. According to The Information, the group has reportedly received an order for more than three million Tensor Processing Units (TPUs) scheduled for production in 2028. The report also indicates that Nvidia is exploring the use of Intel's manufacturing technologies for a future processor integrating four graphics chips, although no formal agreement has been reached. This news provided strong support for Intel shares, which rose by more than 12% in market trading.

09 June 2026 at 01:08 am AEST

OpenAI and Washington Weigh Public Equity Stake in the Group

OpenAI and the Trump administration have been in discussions for over a year regarding a potential US government equity stake in the artificial intelligence firm. The talks, initiated by Sam Altman in 2025, recently continued in Washington during meetings focused on AI regulation and technological advancements. Options being explored include a grant of shares to the federal government to seed an investment vehicle inspired by the "Public Wealth Fund" project championed by OpenAI.

08 June 2026 at 05:00 pm AEST

Wall Street retreats under pressure from semiconductors and a potentially more hawkish Fed

U.S. markets fell sharply on Friday, weighed down by a fresh wave of selling in semiconductor stocks and a much stronger than expected jobs report, which bolstered expectations that high interest rates will persist in the United States. The S&P 500 shed 2.64% to close at 7,383.7 points, while the Dow Jones retreated 1.35% to 50,866.7 points. The Nasdaq 100 recorded the steepest decline, falling 4.77% to end the session at 28,957.6 points.

06 June 2026 at 06:38 am AEST

Meta Explores Massive Fundraising Round to Accelerate AI Investments

Meta is considering raising tens of billions of dollars through a stock offering to finance the expansion of its artificial intelligence infrastructure, according to reports from the Financial Times. This deliberation comes as major technology groups ramp up investments in data centers and the computing power required for AI development. The recent success of the $84.75bn fundraising announced by Alphabet reportedly helped accelerate discussions within Mark Zuckerberg's group.

06 June 2026 at 05:41 am AEST

OpenAI and Washington Consider Public Equity Stake in the Group

OpenAI and the Donald Trump administration have been discussing a potential U.S. government equity stake in the artificial intelligence company for over a year. The talks, initiated by Sam Altman in 2025, continued recently in Washington during meetings focused on AI regulation and technological advancements. Among the options being explored is a donation of shares to the federal government to fund an investment vehicle inspired by the "Public Wealth Fund" project championed by OpenAI.

06 June 2026 at 05:20 am AEST

Amazon unveils conversational robot and accelerates warehouse automation

Amazon has revealed a new iteration of its Proteus warehouse robot, now capable of understanding instructions delivered in natural language. Unveiled at the "Delivering the Future" event in London, this evolution allows employees to interact with the machine without specific technical commands. Already operational in 25 US fulfillment centers, Proteus is slated for a phased European rollout starting in 2027. The group also showcased Vulcan, a robot equipped with a sense of touch, alongside the STARK automated handling system.

06 June 2026 at 01:17 am AEST

Lululemon seems squeezed

Long considered one of the most dynamic brands in the apparel sector, Lululemon is now navigating a more challenging period. Faced with a slowdown in discretionary spending and a saturated US market, the company posted disappointing quarterly results and has lowered its guidance, triggering a sharp 8% drop in its share price.

06 June 2026 at 01:13 am AEST

Amazon Unveils Conversational Robot and Accelerates Warehouse Automation

Amazon has revealed a new version of its Proteus warehouse robot, now capable of understanding instructions delivered in natural language. Presented during the 'Delivering the Future' event in London, this evolution allows employees to interact with the robot without specific technical commands. Already utilized in 25 American logistics centers, Proteus will be progressively deployed across Europe starting in 2027. The group also introduced Vulcan, a robot equipped with a sense of touch, as well as the STARK automated handling system.

06 June 2026 at 01:08 am AEST

Lululemon Loses Its Momentum

Long considered one of the most dynamic brands in the apparel sector, Lululemon is now navigating a more difficult period. Faced with a slowdown in discretionary spending and a saturated U.S. market, the company reported disappointing quarterly results and lowered its guidance, triggering a sharp 8% drop in its share price.

06 June 2026 at 12:32 am AEST

A bright future: Why photonics is the new stockmarket darling

Long centered on raw computing power, the Artificial Intelligence revolution is now unfolding across multiple fronts, most notably in how data circulates. As models grow in size and complexity, the speed and efficiency of data exchange within data centers have become paramount concerns.

05 June 2026 at 04:21 am AEST

Quantinuum makes strongmarket debut with $17.6bn valuation

Quantinuum has staged a remarkable Nasdaq debut, opening at $68 per share, well above its $60 IPO price. The quantum computing specialist has reached a valuation of approximately $17.6bn. The offering raised $1.68bn following an upsized deal and a final price set above the initial target range, reflecting robust investor demand.

05 June 2026 at 04:15 am AEST

Quantinuum Debuts on Nasdaq with $17.6bn Valuation

Quantinuum made a notable entrance on the Nasdaq, opening at $68 per share, well above its $60 IPO price. The quantum computing specialist reached a valuation of approximately $17.6bn. The offering raised $1.68bn after the company increased the deal size and priced above the initial target range, reflecting robust investor demand.

05 June 2026 at 03:54 am AEST

Broadcom cools semiconductor enthusiasm

Broadcom is one of the heavyweights of the semiconductor sector, an industry where investor expectations remain particularly high. While many players are already struggling to surprise, despite solid results, the group posted figures slightly below anticipations and adopted a cautious tone for its outlook, triggering almost a 15% drop in the stock. This correction also dragged down several emblematic sector names, including Marvell, Arm and Micron.

05 June 2026 at 01:38 am AEST

Wall Street mixed as AI stocks weigh on sentiment

US markets are trading without a clear direction on Thursday, as profit-taking in major artificial intelligence names drags down tech indices. Despite a slight easing of geopolitical tensions in the Middle East, the Nasdaq 100 is down 1%, while the S&P 500 remains fairly flat. Conversely, the Dow Jones is up 1.5%.

05 June 2026 at 01:30 am AEST