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Green light

US expected to imminently reclassify marijuana as medical drug, cannabis stocks soar

Veto Lifted

EU backs EUR90b loan for Ukraine after Hungary lifts veto

Flying High

Boeing narrows losses as aircraft deliveries rise

Chip Tricks

Google releases new chips for AI training and inference, competing with Nvidia

Employment report

Job ads fell 0.4% in March, AI-related roles surge 75.1% over 12 months: Seek

Sustainable Stitch

LSKD signs 10-year deal with Samsara Eco for recycled nylon

New Competition

TMX Group agrees to acquire Cboe Australia for USD300m

Iran War

Three cargo ships attacked, two seized by Iran in Strait of Hormuz

Westpac’s Miller reshuffles exec team as entire CSS division disbanded

The Edition

Shonk and awe

Market Wrap

ASX closes lower; Cochlear shares sink 41% as Middle East conflict sparks profit downgrade

Investors cheer Treasury Wines’ revamp but Foye warns things still ‘need to change’

Cochlear sinks 40% and sheds $4b on ‘staggering’ earnings downgrade

Slower Growth

Generation Development Group falls 20% after FUM growth misses expectations

Federal budget

Major shake-up of NDIS to cut 150,000 off rapidly-growing scheme

Gold Rush

Northern Star maintains FY26 production guidance on strong Q3 cashflow

Turbulence / Update

Bank of Queensland shares drop after flagging weaker H1 profit

Sweat Equity

🥴 Canva hangover

Productive Quarter

Ampol shares rise after posting 10% increase in Q1 production

Moving Ahead

Qube receives ASX waiver on Macquarie Asset Management-led sale

Back to basics

Treasury Wine shares roar 16% on restructure

Sales Slowdown / Update

Cochlear shares plunge after reporting sales drop in Q3

Market Open / Update

ASX opens lower, Cochlear plunges on Middle East sales impact

Retail Therapy

Scentre Group maintains FY26 earnings guidance as Q1 sales hit $7b

Super Stake

Syrah Resources completes $61m retail offer, AustralianSuper to take 49.6% stake

More Outflows

Perpetual AUM drops $8.3 billion during March quarter

Earnings Hit

EBOS Group downgrades FY26 guidance on rising fuel and consumables costs

Operational Update

BHP flags full-year copper production to hit upper end of guidance, CMRG negotiations finish

Chip boost

NRF invests $10.1m in Syenta to boost semiconductor performance

Sales Slowdown

Cochlear cuts FY26 guidance after Q3 sales drop, Middle East uncertainty

Travel Trouble

Corporate Travel confirms $223m in revenue reversals after accounting review

Turbulence

Bank of Queensland cash profit falls, braces for slowdown

Market Open

Australian shares to open lower as US-Iran talks stall

Iran war

Trump extends Iran ceasefire indefinitely, US Hormuz blockade remains

Standup

JD Vance’s Iran peace trip halted

High Court weighs livestreaming hearings

Yield man

Trump’s Fed nominee Warsh rejects ‘sock puppet’ label, calls for ‘regime change’

Compliance Hero

Employment Hero deploys new AI model to wrangle complex regulation

Budget Updates

Government to scrap out-of-pocket aged care personal care services costs

Telstra, TPG Telecom clash with Musk’s SpaceX over Starlink spectrum guarantee