Share Market

Daily stock & share market news and analysis covering global equities, major indices, company earnings and the key economic drivers.

SpaceX IPO retail orders top $100 billion as record listing reshapes private markets

Retail investors have submitted more than $100 billion in orders for SpaceX shares, highlighting the extraordinary demand behind what could become the largest IPO in history. The company is seeking to raise about $75 billion at a valuation near $1.8 trillion, while the listing is also set to unlock billions for early backers and reset valuation benchmarks across private technology markets.

SpaceX IPO a great opportunity or bull trap?

SpaceX could become one of the most important companies in the world and still disappoint public investors. That is the uncomfortable part of the IPO story.

SpaceX IPO order book closes as demand hits $250 billion

The SpaceX IPO is entering its final order-taking stage with investor demand reportedly reaching about $250 billion. The company is seeking to raise $75 billion, making the deal roughly 3.3 times oversubscribed before pricing and its expected Nasdaq debut.

Amazon breaks below key technical level as selling pressure persists

Amazon shares remain under pressure, down 11% from their record high, as strong US labour market data, inflation concerns, and rising tensions between Israel and Iran reinforce expectations of tighter Federal Reserve policy.

Broadcom shares drop even after quarterly earnings report tops expectations

Broadcom shares fell sharply despite beating quarterly revenue and EPS estimates, as investors were disappointed by weaker-than-expected momentum in its custom artificial intelligence (AI) business. Management nevertheless remained confident in supply-chain stability and in the company’s AI chip development plans. Fundamentally, growth remains strong.

Dow Jones declines as strong economic data reinforces hawkish Fed expectations

The Dow Jones fell 1.21% to 50,692 as strong US employment and services data signalled economic resilience. Combined with a sharp drop in US crude inventories that pushed oil prices toward $97, rising inflation risks have lowered rate-cut expectations, driving fears of a more restrictive Federal Reserve stance later in 2026.

Oracle earnings become a reality check for the AI cloud story

Oracle’s upcoming results are not being treated like a normal quarterly update. Investors are looking at this report as a reality check for one of the most aggressive AI-cloud growth stories in the market.

Nvidia deepens its AI supply chain as DGX Spark brings supercomputing to the desk

Nvidia’s AI story is no longer about selling chips into data centres. The company is now trying to control more of the ecosystem around those chips, from supply chain financing to developer hardware.

Nasdaq closes at record high on strong Hewlett Packard results and tech rally

The Nasdaq hit a record high above 30,000, powered by Hewlett Packard's stellar earnings and an expansionary ISM Manufacturing PMI of 54. Heavyweights like Nvidia and Microsoft fuelled the rally.

Micron joins the trillion-dollar club as AI memory becomes the new bottleneck

Micron has now reached a market valuation above $1 trillion, while its share price is trading close to the $1,000 mark, after a surge driven by demand for high-bandwidth memory and tighter supply across the memory market.