Author: Shawn Hickman
Woodside (WDS) punches to fresh 2-year highs as the Iranian conflict continues to escalate.
Sims (SGM) shares are surging ~9% higher after forecasting a Big Jump in 2H earnings.
US-listed Australian software giant Atlassian will cut ~10% of its workforce, saying AI is reducing labour needs, with the savings redirected toward further AI investment.
Pantoro Gold (PNR) tumbles ~20% after missing output expectations.
Gold and copper stocks are enduring a tough week, with rising oil prices pushing bond yields higher and reigniting global inflation concerns.
Canadian copper miner Capstone Copper (CSC) has tumbled ~8% after missing EPS Estimates.
Software giant WiseTech plans to cut 30% of its workforce in AI shift
ARB shares tumbled as much as 20%, the most since 202, after the WD accessories company reported a 17% drop in net income for the half.
BHP shares surge over 6% as it lifts its half-year dividend to 73c
MM is delighted with the performance across its portfolios in 2026 despite elevated volatility.