ASX Gains on Gold Miner Rally Amid Wall Street Boost, Myer Drops on Large Loss 📉
Australian stocks rise following Wall Street's positive momentum driven by Nvidia's $152 billion OpenAI investment, but Myer faces a significant loss, dragging down the retail sector.
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A rally on Wall Street has sent Australian stocks higher, after chipmaker Nvidia said it would invest up to $US100 billion ($152 billion) in OpenAI. But Myer shares slumped after big write-downs drove a huge loss.
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290
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1:58
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Published
Sep 23, 2025
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