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Wall Street lifts on renewed AI buying as ASX slides, ANZ posts $7.3b profit

By ChordNews · First written (updated )

Live: ANZ posts $7.3b profit as Wall St lifts on AI rebound, ASX slides
Image: abc.net.au
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Summary

Wall Street closed the week on a positive note, driven by renewed buying of AI-related stocks, while the ASX was lower despite that US lift. ABC News' live markets blog, which followed the day's business events, headlined ANZ posting a $7.3 billion profit.

This continues an earlier story: Wall Street sinks on AI investment fears as ASX awaits RBA meeting

Later: Qantas to cut 850 corporate jobs from mid-2027 in Accenture outsourcing deal · Wall Street retreats as hot inflation raises odds of a December rate hike; ASX slips as CBA profit rises

Timeline

  1. ABC News

    Source ↗

    ABC News reports that Wall Street closed the week higher on renewed buying of AI-related stocks while the ASX slid, and its live markets blog headlines ANZ posting a $7.3 billion profit.

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