Industry Newsgenerative aifinancial marketsanthropicearnings season
ASX Rises After Anthropic Reassurance And Inflation
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Australian stocks rallied on Wednesday as the S&P/ASX 200 (XJO) traded around 9,120 points, up just over 1%, following Anthropic’s promotional event that eased AI-related selling. Australia’s annual inflation rose 3.8% to January with electricity costs up 32%, yet markets shrugged while earnings drove gains — Wisetech +10% and Woolworths +11% — and Pilbara climbed on lithium strength.
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