ASIC Chair Condemns KPMG Whistleblower Scandal as ‘Egregious Breach of Trust

KPMG Australia is facing intense scrutiny following whistleblower revelations of internal misconduct, including the alleged misuse of confidential Optus audit data to pursue Telstra business. The scandal has prompted executive departures, the loss of long-term clients like Lendlease, and urgent calls from federal senators for stricter oversight of large consultancy partnerships that currently operate outside … Read more

US Stocks Rally as Oil Prices Drop and SpaceX Debuts

U.S. stocks trended upward Friday as a 3.4% decline in Brent crude oil prices and a successful $1.9 trillion debut for SpaceX boosted investor sentiment. According to AP reporting, the S&P 500 rose 0.4%, while the Dow Jones Industrial Average added 382 points, or 0.8%, as market participants weighed cooling inflation concerns against the volatility … Read more

Why You Won’t Get Rich From a SpaceX IPO

SpaceX’s impending initial public offering (IPO) is poised to become the largest in history, with a valuation of $1.75 trillion after raising $75 billion. While the company is opening 30 percent of its shares to retail investors—significantly higher than the typical 5 to 10 percent allocation—financial experts warn that individual investors will likely receive only … Read more

US Stocks Rally on Crude Oil Supply Hopes

U.S. stock markets surged Thursday, with the S&P 500 rising 1.8% and the Dow Jones Industrial Average gaining 929 points, following President Donald Trump’s announcement that he had called off a threat to bomb Iran. The easing of geopolitical tensions triggered a 2.6% drop in U.S. crude oil prices, providing relief to investors concerned about … Read more

Best Tech ETFs to Buy as NVIDIA Enters the PC AI Chip Market

The End of the Cloud-Only Era: Why NVIDIA’s “RTX Spark” Changes Everything For years, the narrative in artificial intelligence has been simple: send your data to the cloud, let a massive server farm crunch the numbers, and wait for the result. But with the unveiling of the RTX Spark superchip at Computex, NVIDIA has signaled … Read more

Trump to Appeal Ruling Allowing Tariff Refund Claims

The Tariff Refund Tug-of-War: What Businesses Need to Know Now The U.S. Supreme Court’s landmark decision to strike down reciprocal tariffs has sent shockwaves through the global supply chain. While billions of dollars in refunds are currently flowing back to importers, the landscape remains volatile. For business owners and stakeholders, the current situation is less … Read more

Fuel update: Country’s petrol, diesel stocks dip but remain stable

New Zealand is experiencing a surge in fuel prices and increased public concern over national fuel stocks. This volatility is linked to the onset of conflict in the Middle East, which has placed significant pressure on global markets. Global Disruptions and Local Impact The closing of the Strait of Hormuz, a critical shipping route located … Read more

Iran war unlikely to have prolonged impact on stock markets, analysts say

Navigating Market Volatility: Opportunities Amidst Global Uncertainty Recent market declines present potential buying opportunities for investors, according to Sean Teo, a global sales trader at Saxo Singapore. As markets have experienced a two-week downturn, stocks trading at discounts are emerging, offering a chance to bolster portfolios. The Power of Proven Stocks and Long-Term Strategy Teo … Read more

The Surge in Micron Technology Stock Looks Poised to Continue – February 13, 2026

Micron: The AI Memory Champion Poised for Continued Growth Micron Technology (MU) has rapidly turn into the most searched stock on Zacks.com, outside of Nvidia (NVDA), a testament to its surging prominence in the artificial intelligence (AI) hardware boom. Driven by a historic memory chip shortage and escalating demand for its products, Micron’s stock has … Read more

Market updates: Westpac quarterly profit hits $1.9b, AUD below 71 US cents again, ASX and Wall Street down

Why the ASX 200 Is Feeling the Tech‑Sell‑Off Pressure The latest market snapshot shows the ASX 200 slipping 0.8% to 9,043.5 points while Wall Street’s S&P 500 and Nasdaq tumble 1.5% and 2.1% respectively. The pull‑back mirrors a “late‑session tech sell‑off” on Wall Street, where heavyweight names such as Cisco saw shares plunge 11.8% after missing … Read more