Updated Jun 26, 2026 – 4.50am, first published at 4.25amKey Posts2 mins ago — 4.50AMMay US PCE inflation tops 4pc11 mins ago — 4.41AMFundstrat lifts year-end S&P 500 target to 800029 mins ago — 4.22AMBefore the Bell: ASX to rise, Apple slumps52 mins ago — 4.00AMApple sinks after sweeping price increases52 mins ago — 4.00AMPersian crude exports rebound to 75pc of pre-war levels52 mins ago — 4.00AMGood morningGo to latestPinned post – 4.22AMBefore the Bell: ASX to rise, Apple slumpsTimothy MooreAustralian shares are set to open higher, as US equities fought for gains in a volatile session as Apple slumped amid unprecedented product price increases, overshadowing a raft of generally positive economic data.ASX 200 futures were up 20 points or 0.2 per cent to 8766 near 4am AEST. The S&P 500 was 0.1 per cent higher, with industrials pacing the advance of six industry sectors.Apple tumbled more than 6 per cent at one point after saying it was increasing prices of all Mac computers, iPads, home devices and its Vision Pro. It said the 15 per cent plus increases were needed to offset higher costs because of an enduring shortage of memory chips and storage.In contrast, Micron Technology, which reported stellar quarterly results and a very optimistic outlook after the previous closing bell, leapt more than 16 per cent. A key semiconductor index rallied more than 3 per cent.Market highlightsASX 200 futures are pointing up 20 points or 0.2 per cent to 8766.All US prices near 2.10pm New York time.AUD +0.2% to US69.16¢Bitcoin -0.3% to $US$59,485On Wall St: Dow +0.3% S&P +0.1% Nasdaq -0.4%VIX +0.33 to 18.96Gold +0.8% to $US4031.83 an ounceBrent oil +1.6% to $US74.95 a barrelIron ore +/-% to $US a tonne10-year yield: US 4.40% Australia 4.73%Top storiesAnthropic ban shows Australia must build AI capability: Marles | The defence minister says the Trump administration’s decision to restrict access to advanced AI models is a reminder to “gain some agency” locally.Chalmers’ back-downs on tax measures to cost $1b | The federal budget also faces a huge spike in spending if crucial NDIS changes are delayed past October.Karl Stefanovic to depart Nine immediately as parties thrash out terms | It is déjà vu for the veteran broadcaster, who has now been sacked twice within a decade by the network while overseas. All eyes are turning to what he does next.Airwallex rockets $4b in six months as founder chooses AI over IPO | Jack Zhang says he always feels like an outsider, but his company is charming investors despite pushing back a float and facing claims it is too close to China.Chanticleer: Judo Bank tanks as loan losses reveal economy’s rapid decline | Once investors get past a 45 per cent share price drop, they’ll worry about how three loans in entirely different sectors and states could go bad all at once.Fetching latest articles