5 mini-bubbles are already popping. Here’s what to watch next
Investor belief in the artificial intelligence boom and prolonged government stimulus have pushed markets higher, but expectations of rate cuts are now fading.
In many ways, the stunning rise in the fortunes of two brothers from Sydney might be the Australian business story of the year.
Dan and Will Roberts, two former Macquarie bankers, watched the value of their company, Iren, surge 789 per cent from the start of June to November 5, as the firm positioned itself as an artificial intelligence data centre player.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
