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ASX Edges Lower After AI Stocks Drag Down Wall Street; Woodside Falls
AI stocks fell sharply amid doubts over profitability and high data center costs while oil prices rose 1.7% after a U.S. blockade on Venezuelan sanctioned tankers, boosting energy shares.
Summary by Sydney Morning Herald
5 Articles
5 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
ASX edges lower after AI stocks drag down Wall Street; Woodside falls
The Australian sharemarket opened lower again on Thursday morning, following Wall Street’s lead, where a slump in AI stocks sent the market to its fourth straight loss.
·Sydney, Australia
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Total News Sources5
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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