August 31, 2026

America’s data-centre backlash puts the AI boom at risk

America’s data-centre backlash puts the AI boom at risk

Opposition is spreading across the country

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Telstra shares hit February low following network outage

The Australian sharemarket opened sharply lower as renewed hostilities in the Middle East rattled investors, before recovering most of its losses by the close. Energy stocks surged on a jump in oil prices, while Telstra slid after a network outage sent its shares to their lowest level since February. SBS Finance Editor Ricardo Gonçalves speaks…