Why backing resource stocks could beat the AI hype - The Australian

Robo.ai announces a reverse stock split

Plejd's stock maintains a strong 43.9x P E ratio, reflecting high investor optimism. Kmart's regulatory measures could impact Wesfarmers' stock performance. Robo.ai announced a 1-for-25 reverse stock split. Australian growth stocks showing earnings growth above 15% are gaining interest. Resource stocks are seen as a safeguard against AI hype. The National Pension Service's stock holdings declined following market volatility.

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