The Age
·general
·1 hour ago
Australian sharemarket opens lower as oil prices soar and Microsoft pivots
The Australian sharemarket is set to open 0.6 percent lower as Wall Street steadies amid rising oil prices. Brent crude climbed 3.2 percent to $108.73 a barrel, influenced by tensions surrounding the Iran war. Microsoft will lose exclusive access to OpenAI's technology, allowing broader use across rival cloud platforms while keeping Microsoft as its primary cloud partner.
Summary by Glance · The Age
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