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Optus' unconscionable conduct costs millions | Smiggle's sales plummet | Alibaba goes all in on AI
Description
Optus has been slapped with a $100 million fine for 4 years of unethical sales conduct
Premier Investments has booked a juicy profit boost… but if you peel back the layers, the numbers are mainly due to its sale of Apparel Brands
Alibaba share price rocketed 8% higher after it promises to invest many-more billions on AI
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Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13 006 165 975, AFSL 230 523 on 26th September 2026.
Comments made by BIMAL employees here represent BIMAL’s views only. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances.
Refer to BIMAL’s Financial Services Guide at blackrock.com/au for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction.
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