ASX slips, Wall Street rebounds despite AI valuation concerns | Finance Report | ABC NEWS

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The ASX has ended its day slightly lower, despite tech and AI stocks rebounding on Wall Street.
Shares of NextDC are still in a trading halt as its massive data centre in the suburbs of Melbourne is facing major community backlash, which may affect its bottom line.
Data centre firm Elice plunged more than 30 per cent on its first day of trading on the South Korean stock market.

Presented by David Chau.
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7 COMMENTS

  1. You can see the power of the big index funds like Vanguard & Blackrock dominating the US market. When millions of people decide to buy the dip by investing more into the boring plain vanilla sp500 ETFs, i think the US stock market will continue its dominance in the years to come

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