Share Market

Daily stock & share market news and analysis covering global equities, major indices, company earnings and the key economic drivers.

IonQ acquires Elisity to strengthen cybersecurity capabilities; shares decline

IonQ has agreed to acquire cybersecurity firm Elisity in an all-stock transaction valued at up to $1.3 billion. Despite the strategic reinforcement of its quantum security capabilities, IonQ’s share price declined amid investor concerns regarding cash-flow consolidation.

Nasdaq outperforms the US market as AI bets intensify

Nasdaq has gained around 22% this year, outpacing the S&P 500 at 14.1% and the Dow Jones at 7.5%. The gap reflects the dominance of technology companies in the AI boom, but it also leaves the index increasingly dependent on a small group of stocks delivering on high expectations.

AI stocks face a revenue test as higher bond yields pressure valuation

The AI investment cycle is approaching a more demanding stage. OpenAI’s reported annualized revenue of nearly $50 billion, below the previously discussed figure of $70 billion, triggering a widespread tech sell-off.

Nvidia falls as higher oil prices pressure sentiment

Nvidia shares fell by nearly 3% to $230.48 as rising crude prices fuelled expectations of a Federal Reserve rate hike, alongside heightened investor scrutiny over the return on investment from massive artificial intelligence infrastructure spending.

SpaceX technical outlook: why $172 is the major test

SpaceX is preparing to raise as much as $40 billion to fund a major Nvidia chip purchase, underscoring the scale of capital now flowing into AI infrastructure. At the same time, Elon Musk's discussions with TSMC over Terafab could reshape the semiconductor supply chain and challenge Intel's expected role in the project.

Why did Taiwan semiconductor hit a record high?

TSMC shares reached a record high as Elon Musk confirmed early-stage discussions over a potential role in Terafab, his multibillion-dollar semiconductor project in Texas. The talks strengthen the investment case for advanced chip manufacturing, but they also raise a bigger question: how much capacity will the AI industry ultimately need, and how much of that spending will translate into sustainable returns?

SpaceX shares surge, trading above the $2 trillion market capitalisation

SpaceX shares jumped by 7.63%, regaining a $2.32 trillion market capitalisation.

Tesla shares surge after Q3 vehicle deliveries beat expectations

Tesla shares rose 5.20% to $372.53 following the release of its third-quarter 2026 vehicle delivery figures, which reached 486,532 units and surpassed market consensus by 5.3%. Investors now await the company's Q3 financial earnings report scheduled for release on 21 October.

Micron’s AI boom is creating a memory supply crunch

Micron’s latest results are not simply another record quarter for a semiconductor company. They point to a deeper change in the economics of the memory market, AI demand is now competing directly with the industry’s ability to produce enough memory.

The AI trade is changing: why investors now want returns, not just spending

The AI trade is changing shape, investors were willing to pay for the companies supplying the chips, servers, networking equipment and data-centre capacity needed to build the AI economy. That logic is becoming less powerful as capital expenditure reaches extraordinary levels and markets begin asking a harder question: where is the return on all that spending?