News 26 July 2025

Wesfarmers share price slips on oil spike and RBA rate warning — what to watch next for ASX:WES
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Wesfarmers share price slips on oil spike and RBA rate warning — what to watch next for ASX:WES

Wesfarmers shares fell 0.55% to A$79.62 as the S&P/ASX 200 dropped 1.34% on Tuesday, pressured by rising oil prices and higher bond yields. Oil climbed for a third session, with Brent at $79.44 a barrel amid Middle East tensions. RBA Governor Michele Bullock cited persistent inflation risks, keeping rate expectations in focus ahead of the March 17 policy decision.
March 3, 2026
AI Stock Frenzy: Tech Giants’ Blowout Earnings Fuel Record Rally as Wall Street Bets Big on AI
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AI Stock Frenzy: Tech Giants’ Blowout Earnings Fuel Record Rally as Wall Street Bets Big on AI

Alphabet will raise 2025 capital spending by $10 billion to $85 billion, focusing on AI chips and data centers. Nvidia hit record highs, nearing a $4.23 trillion valuation as revenue jumped 86%. Intel will cut 15% of staff and pause new fabs after beating Q2 revenue but warned of a larger Q3 loss. Meta named Shengjia Zhao, co-creator of GPT-4, as chief scientist of its new Superintelligence lab.
July 26, 2025
Bitcoin Whales Bet Big, Ethereum ETFs Shatter Records – Crypto News Roundup July 25–26, 2025
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Bitcoin Whales Bet Big, Ethereum ETFs Shatter Records – Crypto News Roundup July 25–26, 2025

Sam Bankman-Fried received a 25-year prison sentence in New York for the FTX collapse. An anonymous trader placed a $23.7 million bull call spread on Bitcoin, betting on a year-end price up to $200,000. Bitcoin reached a record $123,000 on July 14 before consolidating near $118,000. BlackRock’s iShares Ethereum Trust surpassed $10 billion in assets.
July 26, 2025
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