ASX set to fall, AI stocks drive Wall Street higher

The Sydney Morning Herald - Nov 11, 2026

A rebound for stocks in the artificial intelligence industry is lifting the US market.

Read full article

More News

I can tell you why Qantas sent 850 jobs to India in just two words
Nov 11, 2026

I can tell you why Qantas sent 850 jobs to India in just two words

When bonuses are tied to profits, company leaders make short-term decisions that benefit themselves.

CBA’s late mortgage payments tick up as interest rate rises bite
Nov 11, 2026

CBA’s late mortgage payments tick up as interest rate rises bite

Data from the Commonwealth Bank of Australia attributed the small increase in the number of people struggling to inflation and rising interest rates.

Capability X takes AI brains to the industrial jungle
Nov 11, 2026

Capability X takes AI brains to the industrial jungle

Perth AI developer Capability X is heading to the ASX with $12 million in the bank and multiple devices deployed, using technology to target industrial safety and automation.

The midterm message to Trump and Albanese: Fix the economy to keep your job
Nov 10, 2026

The midterm message to Trump and Albanese: Fix the economy to keep your job

What can governments do about cost of living? Nothing that is quick or painless.

Stressed and out of pocket: David Jones’ great-great-great grandson is owed money, too
Nov 10, 2026

Stressed and out of pocket: David Jones’ great-great-great grandson is owed money, too

Ben Nothling, a sixth-generation descendant of the Welsh entrepreneur David Jones, owns a shoe business. He’s owed $130,000 by the collapsed retailer.

Who is Alice Huang? The suspected Chinese spy at the centre of the Nvidia scandal
Nov 10, 2026

Who is Alice Huang? The suspected Chinese spy at the centre of the Nvidia scandal

At the heart of the controversy surrounding one of the world’s biggest companies is a former television journalist suspected of spying for the Chinese government.

Who keeps crashing China’s sharemarket?
Nov 10, 2026

Who keeps crashing China’s sharemarket?

China is again in the midst of a sharemarket rout. The blame game has already begun.

ASX jumps, shrugging off weak consumer confidence, as oil prices fall
Nov 10, 2026

ASX jumps, shrugging off weak consumer confidence, as oil prices fall

The Australian sharemarket had a strong session after US President Donald Trump said the Iran war “is effectively over”, boosting hopes for an end to the conflict that has driven up global energy costs.

Auric supercharges WA gold growth with 68Koz Iron Maiden deal
Nov 10, 2026

Auric supercharges WA gold growth with 68Koz Iron Maiden deal

Auric Mining has struck a deal for the Iron Maiden gold project near Norseman, adding a historical 68,500-ounce resource and potential future feed for its Burbanks mill.

Lindian lands 30Kt per annum Malawian rare earths offtake
Nov 10, 2026

Lindian lands 30Kt per annum Malawian rare earths offtake

Lindian Resources has secured an annual 30,000-tonne binding offtake for monazite concentrate from its Kangankunde rare earths project with a major global refiner.

Qantas to cut 850 local jobs as it shifts roles to India
Nov 10, 2026

Qantas to cut 850 local jobs as it shifts roles to India

A leading union said it was told by Qantas earlier in the year there was “no plan” to offshore any jobs. Qantas vigorously denies the claim.

Nvidia CEO’s fling will be an affair to remember for AI, and for Trump
Nov 10, 2026

Nvidia CEO’s fling will be an affair to remember for AI, and for Trump

Jensen Huang’s liaison with an alleged Chinese spy could cost Nvidia billions, set America’s AI sector back in its arms race with China, and embroil the US president.

Recommended

Sign Up Now

Subscribe to us for the latest news from Banking Reporter

ABOUT US
Banking Reporter

Banking Reporter is the largest-circulated online business news in the United States, bringing a whole new genre of business journalism more up close and more incisive.

Copyright © 2015 - 2026 Banking Reporter. All Rights Reserved.