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U.S. Fed delivers biggest interest rate hike in decades

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Tech stocks lead US markets

Wall Street has rallied and the Australian dollar has soared above 70 U.S. cents after America’s federal reserve agreed to increase interest rates by a 0.75 percentage point

Investors showed signs of relief, with the Dow Jones jumping 1 per cent, the S&P 500 rising by 1.5 per cent and the Nasdaq by 2.5 per cent.

As the world reacts, the Australian market is expected to gain today, with ASX futures up 0.24 per cent at 6:30AM AEST.

This follows the market falling for its fourth day in a row on Wednesday, with the ASX 200 down 1.3 per cent as investors waited anxiously for the Fed announcement.

But is the Fed’s latest move going to combat the inflation every single American is feeling right now?

Market analyst Octavio Marenzi says Jerome Powell must take responsibility for where inflation in the US is at.

The Fed has increased rates to fight inflation but if they go too high they risk triggering a recession.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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