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“I’m sorry” – Australian Prime Minister apologises for vaccine rollout failure
Australia’s Prime Minister, Scott Morrison has apologised for the nations slow vaccine rollout
The PM acknowledged that the country has fallen behind with vaccination targets, but says “we are hitting these marks now.”
“I’m sorry that we haven’t been able to achieve the marks that we had hoped for at the beginning of this year.”
Mr. Morrison has called for Australians to come forward to get their vaccines if they are eligible.
Scott Morrison has touted a “historic record” of coronavirus vaccines, revealing 184,000 vaccines were administered yesterday.
“I take responsibility for the vaccination program”
The PM stated that the vaccine has been available to over 70s for quite some time, and says the nation “needs to work together” in order to pick up the speed of the rollout.
“We need to work harder to get the vaccines particularly to our most vulnerable in the community.”
– Scott Morrison Says.
Pharmacy vaccine program will boost rollout
The PM is hopeful that enabling pharmacies to administer vaccines will speed up the troubled rollout.
He said the double-dose vaccination rates have almost tripled in the past month.
36 percent of Australians over 15 have received their first dose.
FILE PHOTO: A test tube labelled “vaccine” in front of an AstraZeneca logo in this illustration taken, September 9, 2020. REUTERS/Dado Ruvic/Illustration
Australia records two deaths linked to AstraZeneca
The Therapeutic Goods Administration (TGA) has confirmed two Australians have died this week from thrombosis with thrombocytopenia syndrome – or TTS – after receiving a first dose of the AstraZeneca vaccine.
One was a 44-year-old man in Tasmania and the other was a 48-year-old woman in Victoria.
Both cases had confirmed to have TTS after the first dose of AstraZeneca.
News
AI stocks surge amid market shifts and spending warnings
AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.
AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.
The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.
Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.
Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.
These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.
Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.
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#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews
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AI investments set to surge in 2026 as companies target productivity gains
Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.
Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.
Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.
Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.
AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.
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Stocks, AI and the economy: What to expect in 2026
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.
Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.
From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.
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