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Australian Market Trims Early Losses In Mid-market

6 days 6 hours ago
(RTTNews) - The Australian stock market is trimming its early losses in mid-market moves on Friday, reversing some of the sharp gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 9,000 mark

Why Australian Investor Isn't Betting on Data Centers, AI

6 days 6 hours ago
Revolution Asset Management Managing Director and Chief Investment Office Bob Sahota discussed his firm’s conservative approach to private credit, emphasizing cash-flow based lending. He also discussed why the firm isn't betting on data centers or picking AI winners, on the sidelines of the Sohn Hearts & Minds Conference in Queenstown, New Zealand. (Source: Bloomberg)