Esteban Tesson

GameStop sees sales slide as the shift to digital accelerates

The video game retailer continues to be squeezed by the rise of digital sales. Despite cost-cutting efforts, revenue fell sharply during the holiday quarter.

25 March 2026 at 08:04 am AEDT

Microsoft takes over abandoned Texas data center project

25 March 2026 at 07:10 am AEDT

Microsoft Revives Shelved Texas Data Center Project

25 March 2026 at 06:00 am AEDT

Arm launches its first chip and shifts strategy with Meta as key client

British semiconductor designer Arm is entering the chip market by launching its own processor dedicated to artificial intelligence. This move marks a departure from its historical business model based on technology licensing.

25 March 2026 at 05:03 am AEDT

Arm launches its first chip and shifts strategy with Meta as a customer

British semiconductor designer Arm is entering the chip market by launching its own processor dedicated to artificial intelligence. The move marks a break with its long-standing model built on licensing technology.

25 March 2026 at 04:39 am AEDT

Moody's downgrades KKR private credit fund to junk status

Moody's has lowered FS KKR Capital Corp's credit rating following a deterioration in asset quality. The decision reflects declining performance and heightened risks within the private credit sector.

25 March 2026 at 01:23 am AEDT

Moody's downgrades a KKR private credit fund to speculative grade

Moody's has cut the rating on FS KKR Capital Corp due to a deterioration in asset quality. The move reflects weakening performance and rising risks in the private credit sector.

25 March 2026 at 01:09 am AEDT

Wall Street turns positive again after easing geopolitical tensions

U.S. indexes finished higher on Monday, fueled by renewed optimism after Donald Trump announced the postponement of military strikes targeting Iranian infrastructure, against a backdrop of signals viewed as constructive with Tehran. Markets reacted positively to the news, seeing it as a potential de-escalation of the conflict. The S&P 500 rose 1.15% to 6,580.9 points. The Dow Jones gained 1.38% to 46,208.5 points, while the Nasdaq 100 added 1.22% to close at 24,188.5 points.

24 March 2026 at 07:15 am AEDT

Insmed Shares Climb on Positive Results for Arikayce

24 March 2026 at 06:42 am AEDT

Apple gears up for WWDC amid AI challenges

Apple will hold its annual developers conference from June 8 to 12, with a heavy focus expected on artificial intelligence. The event comes as the group seeks to catch up with its competitors.

24 March 2026 at 06:39 am AEDT

Apple gears up for WWDC amid artificial intelligence challenges

Apple will hold its annual developers conference from June 8 to 12, with an expected focus on artificial intelligence. The event comes as the company tries to close the gap with rivals.

24 March 2026 at 06:24 am AEDT

Insmed shares rise after positive Arikayce results

24 March 2026 at 05:50 am AEDT

Berkshire Hathaway invests $1.8bn in Tokio Marine

Warren Buffett's conglomerate is boosting its presence in Japan via a stake in insurer Tokio Marine. The transaction is accompanied by a strategic partnership in reinsurance and investments.

24 March 2026 at 03:23 am AEDT

Synopsys Shares Climb as Activist Fund Elliott Discloses Multi-Billion Dollar Stake

Synopsys shares rose approximately 4% following the announcement that activist fund Elliott Investment Management has built a multi-billion dollar stake in the company. Elliott highlighted the group's strategic positioning within the semiconductor industry, particularly amid the artificial intelligence boom, which is driving chip complexity and the demand for advanced design tools.

24 March 2026 at 03:14 am AEDT

Synopsys shares get a lift as activist fund Elliott takes a stake

Synopsys saw its stock rise about 4% after announcing that activist fund Elliott Investment Management had taken a multibillion-dollar stake. Elliott pointed to the group's strategic positioning in the semiconductor industry, particularly as the boom in artificial intelligence increases chip complexity and the need for advanced design tools.

24 March 2026 at 02:38 am AEDT

Berkshire Hathaway invests $1.8bn in Tokio Marine

Warren Buffett's conglomerate is strengthening its footprint in Japan with a stake in insurer Tokio Marine. The deal also includes a strategic partnership in reinsurance and investments.

24 March 2026 at 01:58 am AEDT

Trump rejects ceasefire proposal in Iran conflict

US President Donald Trump has ruled out any possibility of a ceasefire in the ongoing conflict with Iran. This stance comes as military tensions continue to escalate across the region.

21 March 2026 at 09:49 pm AEDT

Trump Rejects the Idea of a Cease-Fire in the Conflict With Iran

U.S. President Donald Trump has ruled out any possibility of a cease-fire in the ongoing conflict with Iran. The stance comes as military tensions continue to intensify across the region.

21 March 2026 at 07:20 am AEDT

Wall Street Slides Deeper as Rate-Hike Fears Intensify

U.S. markets ended Friday's session sharply lower, weighed down by a steep pullback in Big Tech and an increasingly tense geopolitical backdrop in the Middle East. The conflict, now in its fourth week, is fueling investor anxiety. The risk of a renewed inflation uptick, combined with the prospect of tighter monetary policy, is pressuring market sentiment. In this climate, the S&P 500 fell 1.51% to 6 506.6 points. The Dow Jones dropped 0.97% to 45 574.9 points, while the Nasdaq 100 slid 1.88% to 23 898.1 points.

21 March 2026 at 07:09 am AEDT

NextEra gets green light for up to 10 GW of gas-fired power plants in the US

NextEra Energy announced it has received US administration approval to develop up to 10 gigawatts of natural gas-fired power generation capacity in Texas and Pennsylvania. These projects are part of a strategy to meet surging energy demand, driven notably by the boom in data centers and tech industries.

21 March 2026 at 03:04 am AEDT

Trump administration proposes national framework to oversee artificial intelligence

The White House wants to establish unified federal regulation for artificial intelligence to curb state-level initiatives and prevent legal fragmentation.

21 March 2026 at 02:59 am AEDT