BUZZ-Australian Tech stocks rise as tech optimism returns to WallStreet
Reuters
12 hours ago
BUZZ-Australian Tech stocks rise as tech optimism returns to WallStreet
** Australian technology stocks .AXIJ rise 2.7%, on track for strongest session since August 29 if gains hold
** Sub-index tracks wallstreet counterpart Nasdaq's .IXIC rally overnight driven by upbeat results from AI server maker Dell Technologies DELL.N reviving tech strength
** Sector constituents WiseTech Global WTC.AX gains 6.2%, Catapult Sports CAT.AX adds 4.2%, while Life360 360.AX rises 3.3%
** AXIJ down 13.6% YTD
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.shaikh@thomsonreuters.com ))
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