Author: Shawn Hickman
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.
CSL shares plunge have lower after CSL missed 1H profit missed estimates.
CBA delivers a bumper $5.4bn profit, beating expectations.
