ASX profits to surge amid threatening dollar rise
The outlook for the February 2026 ASX reporting season marks a major turning point, with ASX 200 companies expected to deliver 12% earnings growth for FY26. However, what could undermine what’s promising to be the strongest profit growth in four years is the outlook for A$ - currently sitting at three-year highs - which threatens to compromise the earnings of stocks with a growing international fo
House votes to override Trump's Canada tariffs
The House voted to pass a resolution disapproving of President Donald Trump’s tariffs against Canada, with many Republicans siding with Democrats. The resolution cleared the House 219-211, signalling growing GOP discomfort with Trump’s aggressive tariff strategy and willingness from some Republicans to go against Trump. It also marked the first time the House formally weighed in on Trump’s t
Anthropic hits US$380 billion valuation
The valuation of Anthropic has doubled to US$380 billion (A$535 billion) in just five months. This is the value placed on the privately-owned artificial intelligence (AI) model developer by its latest funding round, in which it raised $30 billion. The round was co-led by investors including D. E. Shaw Ventures, ICONIQ and MGX, the company said. “The investment will fuel the frontier resea
US existing home sales fall to 2yr low in January
United States existing home sales fell 8.4% to a two-year low in January, though affordability improved as mortgage rates declined. January’s seasonally-adjusted annual sales rate was 3.91 million, per the National Association of Realtors (NAR), representing a 4.4% year-over-year decrease. Economists had expected 4.18 million units. "The decrease in sales is disappointing. The below-normal t
Pentagon pushes AI into classified systems
The Pentagon is escalating its campaign to embed artificial intelligence (AI) deep inside America’s defence architecture, and it wants fewer strings attached. At a White House gathering this week, Pentagon Chief Technology Officer Emil Michael made clear the military’s ambition: Deploy “frontier AI” - including the most advanced, cutting-edge models available - across both unclassified and clas
Grow your business
with Azzet™
Join one of the world’s fastest growing business media companies. List investment & employment opportunities, showcase your brand and more
ExperiencesHobbiton Movie Set Tour
New Zealand
1 day
Enjoy a scenic helicopter flight to Hobbiton Movie Set and explore Middle-earth’s Shire.
ExperiencesHeletranz Exclusive | Heli-Fishing
New Zealand
1 day
Enjoy a scenic helicopter flight and fishing adventure over Auckland’s stunning Hauraki Gulf.
