^AXIJ News Today: Stay Updated with the Latest S&P/ASX 200 Info Tech News in Real Time
Find ^AXIJ news now at Meyka AI. Stay informed with the latest S&P/ASX 200 Info Tech index updates, including price news, market analysis, and expert insights.
Singapore Retrenchments Hit Post-Pandemic High; MOM Weighs Action on Benefits
Singapore retrenchments hit post-pandemic high of 4,620 in Q2 2026. MOM considers action against firms refusing to pay benefits. Re-entry rates fall to 54.9%, and retrenched PMETs face median 25% wage cuts.
Google Halts Finland Data Center Work Over Environmental Violations
Finnish authorities halt Google data center work in Muhos and Kajaani over environmental violations. Google must explain compliance by October 14 or face enforcement action.
Firmus IPO Crashes to $8.25 as Bankers Scramble to Save $43B Float
Firmus IPO price slashed to A$8.25 from A$11 as weak international demand forces A$8 billion valuation cut. ASX float may be pulled entirely.
Toncoin USD Drops 13.3% to $1.43 as ADX Signals Strong Downtrend
TONUSD fell 13.3% to $1.43 in 24 hours. RSI at 49.2 and ADX at 27.9 show a strong downtrend with price below its 50-day average.
Lido Staked ETH USD Drops 4.8% to $2,565.92 as RSI Signals Overbought Conditions
STETHUSD fell 4.8% in 24 hours to $2,565.92. RSI at 63.56 and MFI at 73.51 suggest momentum may be cooling after recent gains.
Arthur Hayes Warns AI Boom Will Waste Trillions, Predicts Crypto Rally by 2028
Arthur Hayes predicts AI data-center overbuilding will lead to a market crash and bailout by late 2027 or 2028, positioning Bitcoin to benefit from excess liquidity.
AMD Jumps 3% to $649.42 as Meta Muse Drives CPU Renaissance
AMD stock hits fresh high at $649.42 as Meta Muse AI agent adoption drives CPU demand. Citi upgrades AMD price target, projecting CPU market to expand from $29B in 2025 to $300B by 2030.
Supreme Court Weighs Oil Companies’ Bid to Block Climate Lawsuits, October 7
US Supreme Court hears arguments in Suncor v. Boulder, a case that could decide if oil companies can be sued for climate damages. Outcome affects dozens of pending lawsuits seeking billions in compensation.
Citroën Revives 2CV as Electric City Car Under €15,000 for 2028
Citroën brings back the legendary 2CV as an affordable electric car priced under €15,000, with a concept reveal at Paris Motor Show October 11. Production begins 2028.