Monday markets: Twitter saga may end in court battle, digital ad spend slowdown poses threats
The Australian share market is poised to open positively this week, despite Federal Reserve hikes and dismal unemployment figures in the US. Courtroom battles begin for social media giants Twitter and Meta, as they prepare to tackle two very different opponents. Global advertising holding companies all see their stocks ubiquitously tumble over the last month.
On Friday, ASX 200 ended the week on a high note, with the benchmark index rising 0.45%. The AUD has also slightly inched up in value.
