Lingering hopes that SGH and Steel Dynamics would lift the value of their offer price to acquire BlueScope have seemingly been dealt another blow.
Finance and markets
Databricks commits $416m for Australian expansion, 150 new hires.
The Regal-owned private credit fund manager’s credit losses increased while its performance and loan management fees have dropped.
Andrew Irvine says NAB’s cloud foundations can push it past bigger rivals, as its business bank holds ground against CBA’s assault.
Short seller torches Sharon AI before ASX float.
The same AI capital surge that has rewritten the rules for software companies is now testing the asset class that funded the rewrite.
Professional sport is fast becoming an institutional-grade asset class. Some of the biggest winners for superannuation capital are the Atlanta Braves and Formula One.
ANZ is ahead of its return targets and investors are onside, but CEO Nuno Matos still can’t escape one annoying question: are we there yet?
The Australian software giant’s earnings beat was driven by a pull forward in data centre revenue and strong cloud demand, but analysts and investors see strong AI signals.
