Tom Richardson

A tumbling oil price and rally in tech stocks including Google-parent Alphabet on Wall Street set the S&P/ASX 200 up for a positive open on Thursday.

The Xbox studios racing game is described as one of the best ever made in its genre by critics.

Market strategists tip house prices to stay under pressure as a top of the interest rate cycle may signal a rotation back into out of favour growth stocks.

Nvidia's profit topped $63 billion in just three months to April 26, although its stock fell in the after hours market as investors perhaps look to competitive risks.

Rising living costs and interest rates are hurting housing sales, and alarm is now growing after a controversial Labor Government tax change.

TOM RICHARDSON: The SpaceX IPO will test the ability of Elon Musk to win renewed investor support for his ability to deliver grand visions that advance humanity.

Investors looking to build wealth are being told to think about scare resources in demand tend to outperform when inflation climbs.

Citi's research team has cut its profit forecasts for all four major banks as it said proposed tax changes to housing will slow demand for loans.

The supply of oil and gas may normalise within months if a Middle East peace deal holds, but lag effects may still push the cost of food and building materials higher.

BHP's shares fell in London overnight, although some investors still believe it's a winner from the AI trade and a renewed bout of global inflation.