Updated Aug 3, 2026 – 9.45am, first published at 7.35amKey Posts16 mins ago — 9.45AMFleetPartners receives takeover bid from PEP-backed SG Fleet29 mins ago — 9.32AMKKR consortium to proceed with $7.7b Steadfast bid51 mins ago — 9.09AMTMX Group completes Cboe Australia acquistion55 mins ago — 9.06AMFireFly Metals scores big at Canadian gold project1 hr ago — 8.54AMSKS Technologies to beat profit guidance1 hr ago — 8.46AMRegis to buy Victorian home care business, flags $10m revenue boostGo to latestPinned post – 8.02AMASX to open lower; Trump cancels US attack on IranGus McCubbingAustralian shares are poised to fall 1 per cent at the opening bell on Monday, despite Wall Street gaining on Friday (Saturday AEST), as the war in the Middle East is set to cast a pall over the first week of reporting season.ASX 200 futures are pointing down 85 points or 1 per cent to 8858. The S&P 500 was 0.7 per cent higher at the close in New York on Friday, paced by gains in consumer discretionary, including a 15.3 per cent surge in Amazon shares to $US271.58 after the retailer reported a fifth consecutive quarter of cloud revenue growth.Six of the magnificent seven mega-cap US technology companies have reported results, and the consensus now is that there is more reason to be positive than negative that the hundreds of billions invested in artificial intelligence will prove profitable. Nvidia is the one member of the club yet to report, though it will not do so until August 26.But investors say last week’s relief rally in US mega-caps including Amazon and Microsoft will not be of much help to the Australian bourse on Monday. “We do not expect much of an effect on ASX technology names,” said Datt Capital founder Emanuel Datt.Meanwhile, US President Donald Trump on Sunday backed down on his plan to attack Iran, saying he was asked by Tehran and other Middle Eastern countries to hold off to allow more time to “rapidly” negotiate a deal.“The USA is locked and loaded and ready to go against the Islamic Republic of Iran, at levels of Military Terror, Strength, and Power not seen since World War II,” Trump wrote on social media. “Despite this, we have just been asked by Iran, and other Middle Eastern Countries, to hold off any attack in that the perimeters of a deal has been agreed to … Based on this request, I have agreed, for the future benefit of the WORLD and, likewise, the survival of a successful and prosperous Iran, to cancel the attack, subject to being able to rapidly make a DEAL.”The Wall Street Journal had earlier reported that the president was planning further strikes on Iran as soon as this weekend. Trump said Israel would join the US in refraining from any attack and that a deal must include the immediate reopening of the Strait of Hormuz.Today’s agendaProperty data analytics firm Cotality will release its house prices data across Australian capital cities and nationwide for July, with further drops expected as higher borrowing costs, weak sentiment, and the changes to negative gearing and the capital gains tax discount reforms all weigh on demand.Top storiesSydney, Melbourne property slump drives 20pc drop in auctions | The decline comes even as investors raced to buy before the self-managed superannuation fund borrowing ban took effect.EVs, hybrids grab half the market as fuel shock sparks surge in sales |The excise paid by drivers will increase by 16¢ a litre to 54¢ on Monday, adding $8 at the checkout for a 50-litre tank.Kalgoorlie’s mining gabfest reckons it has grown up. A new home helps | Diggers and Dealers has earned a colourful reputation over the years, but a permanent location and a more professional approach have changed its outlook.1 / 2Fetching latest articles