The Age
·general
·2 hours ago
ASX surges 1.5 percent as Wall Street gains on strong tech earnings
Australia's sharemarket is set to surge 1.5 percent at open, tracking Wall Street's 0.8 percent gain on strong earnings from Alphabet and other major companies. The Australian dollar jumped 1.2 percent to 72.01 US cents. Meta Platforms tumbled 8.8 percent despite beating profit expectations, as investors worried about its increased capital spending forecast for artificial intelligence infrastructure.
Summary by Glance · The Age
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI