AirTrunk, the Australian hyperscale data centre operator acquired by Blackstone Inc. for A$24 billion ($16 billion), is expanding into India as part of its broader Asia-Pacific growth strategy. The move signals India’s growing importance in the global digital infrastructure landscape, driven by accelerating demand for artificial intelligence processing power and data capacity. As investors pour
The Australian dollar continued its strong uptrend this week, reaching its highest point in over a year amid odds of divergence between the RBA and the Federal Reserve interest rates. The AUD/USD pair jumped to a high of 0.6710, up by 13.4% from its lowest point this year. RBA and Federal Reserve divergence The AUD/USD
Meta Platforms Inc. said it has removed almost 550,000 accounts in Australia to comply with the new rules. The action covers multiple Meta-owned platforms and was disclosed in a company blog post outlining its initial response to the legislation. Australia’s decision to bar children from mainstream social media is moving from legislation to large-scale enforcement.
Binance has reinstated direct AUD deposit and withdrawal services for its Australian users, reestablishing traditional banking connectivity that had been severed since mid-2023. According to a Monday announcement, the service, officially relaunched for all verified users on January 16, 2026, was previously rolled out to select users over the final months of 2025. The renewed
The Australian dollar surged to the highest level in years, making it one of the best-performing currencies this year. The AUD/USD exchange rate rose for five consecutive days, reaching a high of 0.6895, much higher than the year-to-date low of 0.6662. Australian dollar has surged amid potential RBA and Fed divergence The main reason why
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If the scale of Big Tech’s AI spending plans for 2026 was not striking enough, Alphabet’s reported move to issue a rare 100-year bond has added a new dimension to the debate over how far tech giants are willing to go to finance the AI boom. Alphabet Inc. is preparing to sell a rare 100-year
The Broadcom stock price has rebounded in the past few days, moving from a low of $295 last week to $345 today as investors cheer the recent plans for AI spending. Still, the company remains in a technical bear market after falling by 16% from its highest level in 2025. It has also formed a
HYPE, the native coin of the Hyperliquid DEX, has lost 18% of its value since hitting its yearly high of $38 last week. It has now dropped below $30 and could record further losses as the broader market continues to underperform. The derivatives data further support this bearish sentiment, with rising short bets while funding
Coca-Cola shares fell on Tuesday after the beverage giant reported quarterly revenue growth that came in below analysts’ expectations, overshadowing a modest earnings beat and early signs of stabilising demand in key markets. The company reported adjusted earnings of 58 cents per share for the fourth quarter, ahead of Wall Street estimates of 56 cents.