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US urges $40b defence spend; Soul Patts’ $14b tie-up; Big bubble looms

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In today’s news, the US is demanding that Australia add $40 billion to its defence budget, Soul Patts is merging with Brickworks, and AI stocks could become an even bigger bubble.

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    Original URL: https://www.afr.com/markets/equity-markets/us-urges-40b-defence-spend-soul-patts-14b-tie-up-big-bubble-looms-20250602-p5m46g