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Firmus scraps $44bn ASX float as AI funding doubts widen

Firmus pulls its $44 billion ASX listing after investors baulk at the price. Wall Street's AI slide deepens as OpenAI's revenue comes in $20 billion light. Oil and bitcoin swing after Trump rules out striking Iran before the midterms.

Oct 9, 2026

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2 min read

Oil, bond yields jump as Fed minutes, Iran strike reports land

Wall Street pulls back from its records as Fed minutes flag another hike before year's end. Oil jumps to a two-week high on reports of a possible Iran strike before the midterms. The ASX drops 0.77% as banks and miners sell off and money moves into defensives.

Oct 8, 2026

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2 min read

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Wall Street hits record as Google locks in $4.3bn nuclear deal

Wall Street hits a record on a 20-year nuclear deal · Australian uranium miners surge on the same news · Marvell lifts its 2028 target to $20bn

Oct 7, 2026

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2 min read

ASX rises for third day as Nasdaq hits record high

Tech lifts Wall Street to a record Households feel the squeeze Oil sits near $100

Oct 6, 2026

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1 min read

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Latest Posts

Firmus scraps $44bn ASX float as AI funding doubts widen

Oct 9, 2026

•

2 min read

miko santos

Oil, bond yields jump as Fed minutes, Iran strike reports land

Oct 8, 2026

•

2 min read

miko santos

Wall Street hits record as Google locks in $4.3bn nuclear deal

Wall Street hits a record on a 20-year nuclear deal · Australian uranium miners surge on the same news · Marvell lifts its 2028 target to $20bn

Oct 7, 2026

•

2 min read

miko santos

ASX rises for third day as Nasdaq hits record high

Tech lifts Wall Street to a record Households feel the squeeze Oil sits near $100

Oct 6, 2026

•

1 min read

miko santos

Weak jobs report sends Wall Street, Nvidia to record highs

Nvidia hits a record high as Wall Street cheers a terrible US jobs report. Schneider Electric pays a 42% premium to buy US software firm PTC for $22.6 billion. Brazil's stock market jumps as the election heads to an October 25 runoff.

Oct 5, 2026

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3 min read

miko santos

Weak jobs report sends Wall Street, Nvidia to record highs

Market at 7

Market at 7 is a daily markets and economy newsletter from Kangaroofern Media Lab that breaks down the RBA, the Fed, the ASX, currencies and commodities in plain English — seven stories, five minutes, every evening.

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