Morning business roundup

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Read a sample of the Morning Business Roundup from today.

Market Reports

  • Australian Market Report: The S&P/ASX200 took a tumble on Friday, closing 2 per cent lower amid big falls across multiple major sectors: technology stocks, banks and mining shares..... [more]

  • U.S. Market Report: Wall Street bounced back on Friday following a heavy tech rout earlier in the week, though Amazon slid sharply after it flagged an even bigger investment into AI infrastructure..... [more]

  • European Market Report: European stocks started off on a subdued note on Friday, but gained in some strength as the day progressed with investors largely making their moves, reacting to corporate earnings announcements..... [more]

  • Asian Market Report: Negative sentiment prevailed in Asian stock markets on Friday, dragged down by concerns over the tech sector. Sentiment was pressured by the sell offs on Wall Street triggered by mounting worries about the impact of AI.... [more]

Australian Business News

  • ‘Not alone’: ASX falls in line with global market in huge sell-off.... [more]

  • Reserve Bank governor Michele Bullock has refused to blame the Albanese government's spending for causing inflation to jump higher, saying the spending would have contributed, but it was not the only source of inflation..... [more]

  • More interest rate hikes are coming: What’s driving inflation and why the RBA can’t control it.... [more]

  • Bitcoin vs Australasian Equities and How BTC’s Surge Impacts ASX Allocations.... [more]

  • VanEck adds new cash offering to active ETF line-up.... [more]

  • Why CEOs selling shares is a potential warning signal. Insider trades hint at confidence or caution. Watch for consistent patterns and separate routine moves from red flags..... [more]

  • $5 billion reason to spend a tenner on Aussie-made. It’s one of the most recognised and trusted logos in the country, and thanks to a $20 million Australian Government grant, the Australian Made kangaroo is about to get a lot more airtime..... [more]

  • Rio Tinto, the largest Australian iron ore miner, has abandoned takeover talks with Glencore, sinking a potential $300 billion mega-merger deal that would have created an unrivalled mining industry juggernaut..... [more]

  • JPM analysts stay bullish on Rio Tinto in wake of collapsed Glencore merger talks.... [more]

  • Estrella ramps up Timor-Leste manganese exports.... [more]

  • MGX Resources (ASX:MGX) is preparing to move quickly to help advance the Tanami Gold Project Joint Venture after wrapping up its acquisition of a 50% interest in the project in Australia’s Northern Territory..... [more]

  • Healthscope lenders have approved a plan that will keep Australia’s second-largest private hospital operator intact as a not-for-profit operation following its financial collapse last year after private equity owners walked away..... [more]

  • AI is eating software, and it’s cost Atlassian duo $34.6 billion. Investors have finally woken up to the risk that artificial intelligence won’t just kill white-collar jobs, it also threatens tech success stories..... [more]

  • Debt helplines received an unprecedented level of calls last year from small business owners struggling to pay debts to the tax office. The latest data, shared exclusively with ABC News, shows that calls to the Small Business Debt Helpline.... [more]

  • Explainer/Opinion - Cameron England: What the stronger Australian dollar means for your shares. The Australian dollar has been performing strongly recently, with major tailwinds suggesting it will remain that way for a while. ….... [more]

  • Comment/Analysis - Stephen Bartos & John Hawkins: Is federal government spending really to blame for higher inflation? It’s not clear cut.... [more]

  • Analysis - Ian Verrender: How capital gains tax changes could impact you.... [more]

  • Opinion - Mark LaMonica: The simple way to beat the market. A reminder of what really matters as results season ramps up..... [more]

World Business News

  • Dow tops 50,000 for the first time as stocks stage a huge rally after the week's chaotic sell-off.... [more]

  • No, but seriously: What’s going on with bitcoin?.... [more]

  • U.S. consumer sentiment increased to a six-month high in February, though anxiety over the labor market and the rising cost of living because of import-tariff-related inflation remained widespread..... [more]

  • 'Long main street, short Wall Street': BofA says small stocks will keep beating bigger names. Bet on Detroit, not Davos. That's the message from Bank of America, which sees a "major threat" to the market leadership of the early 2020s..... [more]

  • Investors looking for refuge from the tech sell-off slamming Wall Street should look to the "old economy." Analysts at Piper Sandler offered a handful of ideas for weary investors weathering the tech sell-off this week..... [more]

  • JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp. boosted their bonus pools for bankers and traders by at least 10%, as the businesses benefited from a banner year in dealmaking and market activity..... [more]

  • Nvidia’s stock is poised to snap its five-day losing streak in a big way on Friday, with the shares on track for their biggest daily gain in nine months..... [more]

  • Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports.... [more]

  • Nvidia CEO Huang says AI buildout to take 7-8 years, demand "sky high".... [more]

  • Amazon’s shares fall after announcing surge in capital spending but posts strong 4Q holiday sales.... [more]

  • BAO Holding files for 3.75M share IPO at $4-$5/sh.... [more]

  • Oracle’s stock suffers worst eight-day stretch in over two decades. Here’s why..... [more]

  • Once Upon a Farm made its public market debut on Friday, trading on the New York Stock Exchange under the ticker “OFRM.” The stock opened at $21 per share, up 16% from its initial public offering price..... [more]

  • Jeep maker Stellantis announces a ‘reset’ of its business and massive charges. Shares crumble.... [more]

  • How America’s EV retreat is increasing China’s control of global markets.... [more]

  • The European Union’s executive arm proposed further sanctions against Russia on Friday over the Ukraine war, including a ban on shipping services that help Moscow’s oil industry and measures targeting the country’s financial .... [more]

  • TikTok could be forced to change app’s ‘addictive design’ by European Commission.... [more]

  • Jaguar Land Rover has plunged to a £310m pre-tax loss in its third quarter, as the luxury car manufacturer continues to grapple with the financial repercussions of a major cyber attack last autumn..... [more]

  • China’s market regulator has penalised several companies for posing as DeepSeek and OpenAI’s ChatGPT to defraud users, in its latest crackdown on unfair competition in the fast-growing artificial intelligence sector..... [more]

  • China tightens oversight of offshore tokenised ABS tied to onshore assets.... [more]

  • Tesla has begun operating a China-focused artificial intelligence training centre to enhance its cars’ self-driving capabilities in the world’s largest electric vehicle (EV) market, following Beijing’s deregulation of the technology..... [more]

  • Japanese-based Kirin announces deal to sell the Four Roses bourbon brand to wine giant Gallo.... [more]

  • Takaichi seeks voter blessing for a new fiscal blowout. Decisive LDP win will likely bring heavy fiscal pump-priming, higher government bond yields and an end to monetary tightening.... [more]

  • Comment - Francesco Canepa and Balazs Koranyi: ECB's safety net is part of EU plan to court new allies. The ECB’s plan to make it easier for foreign central banks to secure funding in euros is the latest part of.... [more]