October 20, 2026

ASX set to climb as Wall Street rises; Anthropic’s projected loss revealed

ASX set to climb as Wall Street rises; Anthropic’s projected loss revealed

Staff writers Updated October 21, 2026 — 2:17pm, first published October 21, 2026 — 5:17am The Australian sharemarket dipped back into the red in afternoon trade, weighed down by hawkish Reserve Bank comments, which boosted bets on more interest rate hikes, and a share plunge by AI data centre operator NextDC. The S&P/ASX 200 was

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US futures dip as AI sell-off returns and oil prices rise sharply

US futures dip as AI sell-off returns and oil prices rise sharply

U.S. futures are mostly lower as artificial-intelligence stocks come under pressure again and oil prices rose amid sporadic fighting in the Middle East. Futures for the S&P 500 fell 0.1% on Tuesday, while those for the Nasdaq declined 0.5%. Futures for the Dow Jones Industrial Average gained 0.2%. Shares of South Korea’s AI company Elice

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Fresh Hope for Fuel Supply After Drone Strikes on Kenya-Bound Oil Tankers

Fresh Hope for Fuel Supply After Drone Strikes on Kenya-Bound Oil Tankers

Talks between the United States and Iran to resolve the crisis in the Strait of Hormuz have raised hopes of relief for global fuel markets, even as two petroleum tankers destined for Kenya were hit by drone strikes in the strategic waterway. On Tuesday, October 20, it emerged that the talks between the two countries

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