ASX set to fall, AI stocks drive Wall Street higher; Anthropic IPO oversubscribed

The Sydney Morning Herald - Nov 11, 2026

A rebound for stocks in the artificial intelligence industry is lifting the US market.

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Nov 11, 2026

Chinese car giant BYD apologises after putting wheels on the wrong way

BYD apologised for an assembly mistake that meant some of its Great Tang electric sport utility vehicles had their front and rear wheel rims installed in reverse.

Nov 11, 2026

‘Gotta prioritise things’: Bosses brace for a wave of GTA VI sickies

The video game is the first new instalment in 13 years of one of the best-selling entertainment franchises in history. Australian businesses expect staff absenteeism to soar.

Nov 11, 2026

‘We still have a plan’: David Jones to shut 19 stores, thousands of jobs to go

David Jones has told suppliers and staff that half of its stores will close as the receivers in charge of the embattled department store owner attempt to make the business viable again.

Nov 11, 2026

ASX closes higher as BHP rebounds, tech stocks rise; CBA, Macquarie Bank fall

The Australian sharemarket edged up in Wednesday’s session, erasing early losses and shrugging off falls on Wall Street, where inflation figures spooked investors.

Nov 11, 2026

Augustus nails 71m gold hit at WA Music Well project

Augustus Minerals has hit a 71-metre-wide gold zone from 15m deep at its Music Well project in WA, with the rods now spinning at a new target with rock chips up to 30.4g/t.

Nov 11, 2026

Orbit kicks off partner-funded NSW copper-gold drilling

Orbit Resources has started partner-funded drilling at its Goodrich copper-gold project in NSW, targeting extensions to a previous porphyry discovery that hit 136.55m of mineralisation.

Nov 11, 2026

Trump’s Fed nightmare: Rates won’t be slashed. They could surge now

The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.

Nov 11, 2026

Larvotto extends NSW high-grade gold-antimony system at Hillgrove

Larvotto Resources has hit high-grade gold-antimony up to 9.61g/t gold equivalent at the Freehold prospect in its NSW Hillgrove project, doubling the mineralised strike to 700m.

Nov 11, 2026

Qantas using AI as ‘Trojan horse’ for lay-offs, says union

Citing the impact of AI, the airline will send 850 back-office jobs, “mostly” to India, through professional services firm Accenture.

Nov 11, 2026

Locksley locks onto 10km copper trend in NSW land grab

Locksley Resources has grown its NSW copper-gold footprint to 1,000sq km after securing a new licence hosting an undrilled 10km geological structure on the prospective Tritton Trend.

Nov 11, 2026

Peruvian copper muscle drives US$50M earnings bonanza for Rio2

TSX-listed Rio2 Ltd banked US$115M in quarterly revenue and US$50M in EBITDA as its Peruvian copper mine delivered and its weather-affected Chilean gold continued to ramp up in Chile.

ASX set to fall, AI stocks drive Wall Street higher; Anthropic IPO oversubscribed

More News

Chinese car giant BYD apologises after putting wheels on the wrong way

‘Gotta prioritise things’: Bosses brace for a wave of GTA VI sickies

‘We still have a plan’: David Jones to shut 19 stores, thousands of jobs to go

ASX closes higher as BHP rebounds, tech stocks rise; CBA, Macquarie Bank fall

Augustus nails 71m gold hit at WA Music Well project

Orbit kicks off partner-funded NSW copper-gold drilling

Trump’s Fed nightmare: Rates won’t be slashed. They could surge now

Larvotto extends NSW high-grade gold-antimony system at Hillgrove

Qantas using AI as ‘Trojan horse’ for lay-offs, says union

Locksley locks onto 10km copper trend in NSW land grab

Peruvian copper muscle drives US$50M earnings bonanza for Rio2

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