NVIDIA guides to US$91bn Q3 as hyperscaler capex rolls on
The world's largest company beat the Street for the 19th time in 20 quarters, printing a Q2 guide of US$91 billion, and announced a 25-fold dividend increase - with China Data Centre revenue excluded from the forward outlook entirely. NVIDIA (NASDAQ: NVDA) reported revenue of $81.6 billion for the three months ended 26 April 2026 - up 85% year-on-year and 20% from the prior quarter - clearing c
Trump says Iran talks in final stages
United States President Donald Trump said on Wednesday that negotiations with Iran were in their “final stages”, raising hopes of a diplomatic resolution to escalating tensions in the Middle East. However, he also noted that the U.S. remained prepared to launch further attacks on Tehran if Iran failed to agree to a peace deal, though Washington was willing to wait a few days to “get the right a
Samsung workers walk off the job following pay dispute
Nearly 50,000 Samsung Electronics employees are set to walk off the job after efforts to clinch a deal on bonus payments fell through, threatening the health of South Korea’s economy and the global supply of semiconductors. According to the union leader, Choi Seung-ho, the 18-day strike would go ahead after management failed to come around on one remaining sticking point in government-mediated
Wall Street rallies as oil, yields retreat
United States major benchmark averages rebounded on Wednesday (Thursday AEST) as easing oil prices and lower Treasury yields lifted investor sentiment amid growing optimism that tensions in the Middle East could soon de-escalate. The Dow Jones Industrial Average climbed 645.5 points, or 1.3%, to close at 50,009.4, while the S&P 500 advanced 79.4 points, or 1.1%, to 7,433.0. The Nasdaq Composite
Mission Critical: The reagent wars have begun
For three years, Beijing progressively tightened access to the minerals Western supply chains depend on. In May 2026, it moved to the industrial chemicals needed to process them - a shift that sits within a broadening export control architecture now spanning the full breadth of the critical minerals value chain. While the world spent the last three years tracking China's restrictions on gallium
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