Australian shares are set to drop at the open after each of the major US indices closed lower overnight following a mixed set of second-quarter earnings from tech megacaps.

Apple smashed Wall Street expectations with a 13.5% jump in iPhone sales to US$44.58 billion in the June quarter, fuelled in ...

Amazon reported a 35% rise in second-quarter profit and forecast third-quarter revenue above market estimates, but projected operating income that fell short of analysts’ expectations.

Plus: Trump to announce new tariffs as Australia braces for 15% rate; Microsoft hits US$4 trillion as AI momentum builds; ...

Previously unreported internal financials show the $9.5 billion fintech's annualised revenue has jumped 94% year-on-year.

Melbourne-based biotech VC Boson Ventures has raised $10 million of a target $30 million fund and is positioning itself as a ...

Google has lost its appeal of a judge’s order requiring an overhaul of its app store policies in an antitrust case brought by ...

Figma is poised to open trading at US$105 to US$110 per share, more than triple its IPO price of US$33, and implying a ...

Donald Trump has extended the deadline for a tariff deal with Mexico by another 90 days, saying the decision was due to the ...

The Federal Reserve’s preferred measure of underlying inflation increased in June at one of the fastest paces this year, while consumer spending barely rose, according to Bureau of Economic Analysis ...

The Productivity Commission has recommended the government cut the corporate tax rate to 20%, excluding companies with annual ...

Deputy governor Andrew Hauser used a speech to talk up the importance of central bank predictability, just weeks after the ...