New Zealand-backed Crimson Consulting locks in support from just over half of Kip McGrath's shareholders for its cash takeover offer, while Wall Street closes lower overnight and oil spikes on fresh Middle East tensions.

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Oracle's blowout first-quarter results, powered by soaring cloud infrastructure demand, sent the stock surging after hours — but it was a rougher session everywhere else, with Wall Street sliding for a fourth straight day and oil breaking back above 100 US dollars a barrel.

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Reddit surges on strong Piper Sandler user-growth data even as Wall Street slips on a fresh oil spike, while the ASX closes out its worst session since June and the Aussie dollar holds near a four-year high.

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Meta's new AI assistant Muse sent the stock surging on Wall Street while Alphabet slipped, and that shaky overnight session flowed into a rough day locally — the ASX just had its worst session in months.

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Ingenia Communities' board knocks back a $1.4 billion private equity approach from Warburg Pincus, standing firm on its deal to buy rival Peet, while the ASX has its worst session in months and Wall Street eases back overnight.

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Megaport rallies as investors buy into its AI data-centre expansion plans, even after missing full-year revenue. Meanwhile a Wall Street pullback drags the ASX to its worst session since June, oil eases back from a spike above US$101, and the Aussie dollar holds near four-year highs.

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Apple's just-unveiled folding iPhone is the priciest yet, while Wall Street and the ASX slide on escalating US-Iran tensions and a jump in oil prices.

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Fresh US strikes on Iranian oil tankers and Iranian retaliation send crude sharply higher, dragging Wall Street, Europe and the ASX lower, while gold pushes above US$4,400 an ounce.

A flare-up in the Middle East sends oil surging and knocks around ASX energy and gold stocks, while overnight losses on Wall Street flow through to a mixed session at home.

A second bidder chases Austal's American submarine-building arm, sending the shipbuilder's shares sharply higher even as the ASX and Wall Street both slide on rising oil prices.