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Australian Shares Set to Rise as Oil Prices Tumble and Wall Street Climbs
On August 5, 2026, Australian shares looked set to open higher after Wall Street reached fresh record highs and oil prices fell sharply. The drop in crude eased inflation concerns and lifted investor confidence across global markets. Strong earnings from major U.S. companies added to the positive mood. As trading gets underway on the ASX,…
Kmart’s $89 Camera Glasses Sell Out in Australia Amid Privacy Backlash
Kmart’s $89 Anko camera glasses sold out nationwide, raising privacy alarms as experts warn the technology enables covert recording without consent in public.
Apple Escalates Legal Battle With OpenAI, Seeking Injunction Over Alleged Trade Secret Misuse by Former iPhone Engineers
On August 4, 2026, Apple intensified its legal dispute with OpenAI by asking a U.S. court to issue a preliminary injunction in its trade secrets lawsuit involving former iPhone engineers. Apple alleges that confidential information could be used to support OpenAI’s expanding hardware plans. OpenAI rejects the claims. The case comes as competition in AI-powered…
Ather Energy Surges 18% to Record ₹1,500 After Strong Q1 Earnings, Lower Losses and Improved Margins
Ather Energy shares surged nearly 18% to a fresh all-time high of ₹1,500 on Tuesday, August 4, 2026. The rally followed strong first-quarter FY27 results showing sharply narrower losses. Consolidated net loss fell to ₹51 crore from ₹178 crore a year earlier. Revenue from operations nearly doubled, climbing 89% year-on-year to ₹1,216.92 crore. Ather Energy…
Palantir (NASDAQ: PLTR) Soars 15% After Q2 Revenue Jumps 93% to $1.94B; Raises 2026 Outlook to $8.15B
On August 4, 2026, Palantir Technologies drew strong attention from Wall Street after releasing another impressive quarterly report. The AI software company reported Q2 revenue of $1.94 billion, a 93% increase from the same quarter last year, and raised its 2026 revenue forecast to $8.15 billion. The results pushed Palantir (NASDAQ: PLTR) shares up about…
Tasmania Devils Land Nigel Lappin as Head of Development on August 3
Tasmania Devils sign Geelong’s Nigel Lappin as head of development. The 50-year-old three-time premiership winner will lead youth development for the new AFL franchise entering in 2028.
Jeff Bezos Backs $2.6B AI Startup Tackling Chip Material Shortage
Jeff Bezos backs CuspAI’s $450M Series B round at $2.6B valuation. The AI startup partners with Nvidia and Meta to discover chip materials, tackling gallium and rare element shortages.
CuspAI Hits $2.6 Billion Valuation After Jeff Bezos, Nvidia, and Meta Back AI Materials Startup
Cambridge-based AI startup CuspAI secured $450 million in a Series B funding round on July 20, 2026. The funding pushed its valuation to $2.6 billion, backed by Jeff Bezos, Nvidia, and Meta. CuspAI uses artificial intelligence to discover new materials for chipmaking, clean energy, and manufacturing. The round marks a fivefold jump from its $520…
Nvidia CEO Predicts Six-Figure Trade Jobs as AI Data Centers Boom
Nvidia CEO Jensen Huang forecasts massive demand for electricians, plumbers, and construction workers to build AI data centers, with salaries exceeding $100,000 and no degree required.